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Record #: SR2017-206   
Type: Resolution Status: Adopted
Intro date: 3/29/2017 Current Controlling Legislative Body: Committee on Economic, Capital and Technology Development
Final action: 4/19/2017
Title: Support of Class 6(b) tax incentive for property at 1719 W 35th St
Sponsors: Cardenas, George A.
Topic: TAX INCENTIVES - Class 6(b)
Attachments: 1. SR2017-206.pdf, 2. R2017-206.pdf
SUBSTITUTE RESOLUTION CLASS 6(B) REAL ESTATE TAX INCENTIVE FOR THE BENEFIT OF BRIDGEWATER STUDIO, INC., AN ILLINOIS CORPORATION, AND REAL ESTATE LOCATED GENERALLY AT 1719 WEST 35th STREET IN CHICAGO, ILLINOIS PURSUANT TO COOK COUNTY, ILLINOIS REAL PROPERTY ASSESSMENT CLASSIFICATION ORDINANCE

WHEREAS, the Cook County Board of Commissioners has enacted the Cook County Real Property Assessment Classification Ordinance, as amended from time to time (the "Ordinance"), which provides for, among other things, real estate tax incentives to property owners who build, rehabilitate, enhance and occupy property which is located within Cook County and which is used primarily for industrial purposes; and

WHEREAS, the City of Chicago (the "City"), consistent with the Ordinance, wishes to induce industry to locate and expand in the City by supporting financial incentives in the form of property tax relief; and

WHEREAS, Bridgewater Studio, Inc., an Illinois corporation (the "Applicant"), intends to purchase certain real estate located generally at 1719 West 35,h Street, Chicago, Illinois 60609 (sometimes known as 1713 West 35th Street) as further described on Exhibit A hereto (the "Subject Property"); and
WHEREAS, the Applicant intends to occupy and substantially rehabilitate an approximately 13,000 square foot industrial facility located on the Subject Property that has been vacant over 24 months; and
WHEREAS, the Applicant has filed with the Office of the Assessor of Cook County (the "Assessor") an eligibility application for a Class 6(b) tax incentive under the Ordinance; and
WHEREAS, the Subject Property is located within the Archer/Western Redevelopment Project Area (created pursuant to the Illinois Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et. seq as amended, and pursuant to an ordinance enacted by the City Council of the City), and the purposes of Redevelopment Project Areas are also to provide certain incentives in order to stimulate economic activity and to revitalize depressed areas; and
WHEREAS, it is the responsibility of the Assessor to determine that an application for a Class 6(b) classification or renewal of a Class 6(b) classification is eligible pursuant to the Ordinance; and
WHEREAS, the Ordinance requires that, in connection with the filing of a Class 6(b) eligibility application with the Assessor, the applicant must obtain from the municipality in which such real estate that is proposed for Class 6(b) designation is located a resolution expressly stating that the municipality has determined that the incentive provided by Class 6(b) is necessary for development to occur on such real estate and that the municipality supports and consents to the Class 6(b) classification by the Assessor; and|1010|
WHEREAS, the intended use of the Subject Property will provide significant present and future employment; and
WHEREAS, notwithstanding the Class 6(b) status of ihe Subject Property, the redevelopment and utilization thereof will generate significant new revenues to the City in the form of additional real estate taxes and other tax revenues; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1: That the City determines that the incentive provided by Class 6(b) is necessary for the development to occur on the Subject Property.
SECTION 2: That the City supports and consents to the Class 6(b) classification by the
Assessor with respect to the Subject Property. - —
SECTION 3: That the Clerk of the City of Chicago is authorized to and shall send a certified copy of this resolution to the Office of the Cook County Assessor and a certified copy of this resolution may be included with the Class 6(b) eligibility application filed with the Assessor by the Applicant, as applicant, in accordance with the Ordinance.'
SECTION 4: That this resolution shall be effective immediately upon its passage and approval.


Honorable George A. Cardenas Alderman, 12th Ward
EXHIBIT A


Legal Description of Subject Property:

LOTS 6,7,8, AND 9 IN BLOCK 1 IN BLOOM'S SUBDIVISION OF THE NORTH 1/2 OF BLOCK 22 (EXCEPT THE SOUTH 16 14 FEET THEREOF); IN CANAL TRUSTEES' SUBDVISION OF THE EAST 1/2 OF THE SECTION 31, TOWNSHIP 39 NORTH, RANGE 14, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS.

COMMONLY KNOWN AS 1719 W. 35TH STREET, CHICAGO, IL 60609
Permanent Index Number: 17-31-405-003-0000
































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CITY OF CHICAGO ECONOMIC DISCLOSURE STATEMENT AND AFFIDAVIT

SECTION I - GENERAL INFORMATION
A. Legal name ofthe Disclosing Parly submitting this EDS. Include d/b/a/ if applicable: Bridgewater Studio Inc.

Check ONE of the following three boxes:

Indicate whether the Disclosing Party submitting this EDS is: 1. f<] the Applicant OR
1. [) a legal entity holding a direct or indirect interest in the Applicant. State the legal n^ine of the
Applicant in which the Disclosing Party holds au interest: :
OR.
3. [:] a'legal entity Willi a right of control (see Section H.B.l,) State, the-legal natni.of the entity in
which the'Disclosing Party holds a right of control: -/ViV ;: ' .-'« ' =.

:B/',BV^^s?^re6S.oftheDlscIosing Party: . i4frfeffi$Tffip^
Telephone: 312/702-1335 Fax: 312/702-1335 Gmaili .W^gjtilXWAtwSTOOlO^
Nnmc of contact person: ERICCUP

E. Federal Employer Identification No. (if you have one):

F. Brief description of contract, transaction or other undertaking (referred to below as the "Matter") to which this EDS pertains. (Include project number and location of property, if applicable):
6(b) TAX INCENTIVE for 1719 W. 35th St, (17-31-405-003-0000).

G. Which City agency or department is requesting this EDS? Dept. of Planning and Development )(
If the Matter is a contract being handled by the City's Department of Procurement Services, please complete the following:

Specification U and Contract U

SECTION 11 - DISCLOSURE OK OWNERSHIP INTERESTS

A. NATURE OF Tl 1 li DISCLOSING PARTY

I. Indicate the nature of the Disclosing Party:
( J Person (] Limited liability company
{ ] Publicly registered business corporation [ ] Limited liability partnership
[x] Privately held business corporation [] Joint venture
| ] Sole proprietorship [ ] Not-for-profit corporation
[] General partnership (Is the not-for-profit corporation also a 501(c)(3))?
[ ] Limited partnership [ J Yes f j No
[ ] Trust I ] Other (please specify)


oh icgal cn'ities, the stnte (or foreign country) of incorporation or organization, if applicable:
3. For legal entities not organized in the State of Illinois: Has the organization registered to do business in the State of Illinois as o foreign entity?

[JYes [JNo fx] N/A

B. IF THE DISCLOSING PARTY IS A LEGAL ENTITY:

I. List below the full names and titles of all executive officers aitd all directors ofthe entity. NOTE: For not-for-profit corporations, also list below all members, if any, which are legal entities. If there arc no stich members, write "no members." For trusts, estates or other similar entities, list below the legal titlcholder(s).
If the entity is a general partnership, limited partnership, limited liability company, limited liability partnership or joint venture, list below the name and title.of'cach general partner, managing member, manager or any other person or entity that controls the day-to-day management of the Disclosing Party. NOTE: Each legal entity listed below must submit an EDS on its own behalf.

Name Title
ERIC CUP • PRESIDENT
PATRICK IUSTICE TREASURER
CHRISTOPHER CLEEK SECRETARY



' 2. Please provide the following information concerning each person or entity having a direct or indirect beneficial interest (including ownership) in excess of 7.5% ofthe Disclosing Parly. Examples of such an interest include shares in a corporation, partnership interest in a partnership or joint venture,

Page 2 of 13

Percentage Interest in the Disclosing Parly
micicsi of a ntembei or manager in a limited liability company, or interest of a bcncficiaiy of a trust, estate or other similar entity. If none, state "None." NOTE: Pursuant to Section 2-154-030 ofthe Municipal (.'ode of Chicago ("Municipal Code"), the Cily may require any sucli additional information from any applicant which is reasonably.intended to achieve full disclosuic.
Name Business Address
ERIC CIJP 125 S RACINE AVE, CHICAGO 60607
PATRICK JUSTICE 125 S RACINE AVE, CHICAGO 60607
CHRISTOPHER Cl-EEK 125 S RACINE AVE CHICAGO 606007 j |

" I i
SECTION III -- BUSINESS RELATIONSHIPS WITH CITY ELECTED OFFICIALS

Has the Disclosing Party had a "business relationship," as defined in Chupter 2-156 ofthe Municipal Code, with any City elected official in the 12 months before the date this EDS is signed?

[ ] Yes M No

If yes, please identify below the natne(s) of such City elected official(s) and describe such relationship(s):




SECTION IV - DISCLOSURE OF SUBCONTRACTORS AND OTHER RETAINED PARTIES

The Disclosing Party must disclose the name and business address of each subcontractor, attorney, lobbyist, accountant, consultant and any other person or entity whom the Disclosing Party has retained or expects to retain in connection with the Matter, as well as the nature of the relationship, and the total amount ofthe fees paid or estimated to be paid. The Disclosing Parly is not required to disclose employees who are paid solely through the Disclosing Parly's regular payroll.

"Lobbyist" means any person or entity who undertakes to influence any legislative or administrative action on behalf of any person or entity other than: (1) a not-for-profit entity, on an unpaid basis, or (2) himself. "Lobbyist" also means any person or entity any part of whose duties as an employee of another includes undertaking to influence any legislative or administrative action.

If the Disclosing Party is uncertain whether a disclosure is required under this Section, the Disclosing Party must either ask the City whether disclosure is required or make the disclosure.




Page .1 of I i

Name, (indicate whether Business Relationship to Disclosing Party Fees (indicate whether
retained or anticipated Address (subcontractor, attorney, paid or c&timatcd.) NOTE:
to be retained) lobbyist, etc.) "hourly rate" or "t.b.d." is
MViiR BLANK 77 WWmhlnjion St. Chi^o. ii.$15,000.00 to be billed. X ^




(Add sheets if ncccssaiy)
[ J Check here if the Disclosing Party has not'retained, nor expects to retain, any such persons or entities. SECTION V - CERTIFICATIONS
COURT-ORDERED CHILD SUPPORT COMPLIANCE
Under Municipal Code Section 2-92-415, substantial owners of business entities that contract with the City must remain in compliance with their child support obligations throughout the contract's term.
Has any person who. directly .or indirectly ow.tis 10% or moreof.the Disclosing Party been declared, in aiTcarageion any child support obligations by &uy Illinois (fotfrt of competent jurisdiction?

t J. Ye«: .M-No. ["]. No person dtrectJy oT lndire.ctiy owns 10% or more of the
D.iscio8irifc. Party.

If "Y«s," has the person entered into a. court-approved agreement for payment of all support owed and is the pc.rs6n.'in!cojhpliancc with that agreement?

[ ] Yes ( J No
FURTHER.CERTIFICATIONS

I. Pursuant to Municipal CbdcChapter 1 -23, Article I ("Article r')(which the Applicant should consult for defined terms (e.g., "dothg.busitiess") and legal requirements), If the Disclosing Party submitting this EDS is the Applicant ahd.is d6irtg business .with tie City, then the Disclosing Parly certifies as follows; (i) neither the, Applicant nor any controlling person is currently indicted or charged with, or has admitted guilt of, or has ever been convicted of, or placed under supervision for, any. criminal offense involving actual, attcmptcdt or conspiracy to commit bribery, theft, fraud, forgery, perjury, dishonesty or deceit against an officer or employee ofthe City or any sister agency; and (ii) the Applicant understands and acknowledges that compliance with Article I is a continuing requirement for doing business with the City. NOTE: If Article I applies to the Applicant, the permanent compliance timeframe in Article I supersedes some five-year compliance timeframes in certifications 2 and 3 below.


Page 4 of 13

2. The Disclosing Party and, if the Disclosing Party is a legal entity, all of tlio.se poisons or entities identified id Section II.H.I. of this EDS:
arc not presently debarred, suspended, proposed for debarment, declared ineligible or voluntarily excluded from any transactions by any federal, state or local unit of government;
have not, within a five-year period preceding the date of this EDS. been convicted of a criminal offense, adjudged guilty, or had a civil judgment rendered against them in connection with: obtaining, attempting to obtain, or performing a public (federal, state or local) transaction or contract under a public transaction; a violation of federal or slate antitrust statutes; fraud; embezzlement; theft; forgery; bribery; falsification or destruction of records; making false statements; or receiving stolen property;
are not presently indicted for, or criminally or civilly charged by, a governmental entity (federal, state or local) with committing any of the offenses set forth in clause B.2.b. of this Section V;
have not, within a five-year period preceding the date of this EDS, had one or more public transactions (federal, state or local) terminated for cause or default; and
have not, within a five-year period preceding the date of this EDS, been convicted, adjudged guilty, or found liable in a civil proceeding, or in any criminal or civil action, including actions concerning environmental violations, instituted by the City or by the federal government, any state, or any other unit of local government.

3. The certifications in subparts 3,4 and 5 concern:

• the Disclosing Party;
any "Contractor" (meaning any contractor or subcontractor used by the Disclosing Party in connection with the Matter, including but not limited to all persons or legal entities disclosed under Section IV, "Disclosure of Subcontractors and Other Retained Parties");
any "Affiliated Entity" (meaning a person or entity that, directly or indirectly: controls the Disclosing Party, is controlled by the Disclosing Party, or is, with the Disclosing Party, under common control of another person or entity. Indicia of control include, without limitation: interlocking management or ownership; identity of interests among family members, shared facilities and equipment; common use of employees; or organization of a business entity following the ineligibility of a business entity lo do business with federal or state or local government, including the City, using substantially the same management, ownership, or principals as the ineligible entity); with respect to Contractors, the term Affiliated Entity means a person or entity that directly or indirectly controls the Contractor, is controlled by it, or, wilh the Contractor, is under common control of anolhcr person or entity;
any responsible official ofthe Disclosing Party, any Contractor or any Affiliated Entity or any other official, agent or employee ofthe Disclosing Party, any Contractor or any Affiliated Entity, acting pursuant lo the direction or authorization of a responsible official of the Disclosing Party, any Contractor or any Affiliated Entity (collectively "Agents").


Page .5 of 13

Neither Ihe Disclosing Party, nor any Contractu), nor any Affiliated Entity of either the Disclosing Party or any Contractor nor any Agents have, during the five years before the date this EDS is signed, 01, wilh respect to a Contractor, an Affiliated Entity, or an Affiliated Entity of a Contractor during the five years before ihe date of such Contractor's or Affiliated Entity's contract or engagement in connection with the Matter:
bribed or attempted to bribe, or been convicted or adjudged guilty of bribery or attempting to bribe, a public officer or employee ofthe City, the State of Illinois, ot any agency of the federal government or of any state or local government in the United Slates of America, in that officer's or employee's official capacity;
agreed or colluded with other bidders or prospective bidders, or been a party to any such agreement, or been c.on_vic.ted_.oradjudgcd guilty of agreement or collusion among bidders or - -
prospective bidders, in rcstrainLof frec.dojii_o.LcDJjip.etitk)jj-b-y-agT.ecment to bid-a-fixcd-priee-or-—
otherwise; or
made an admission of such conduct described in a. or b. above that is a matter of record, but have not been prosecuted for such conduct; or
violated the provisions of Municipal Code Section 2-92-610 (Living Wage Ordinance).

Neither the Disclosing Party, Affiliated Entity or Contractor, or any of Iheir employees, officials, agents or partners, is barred from contracting with any unit of state or local government as a result of engaging in or being convicted of (1) bid-rigging in violation of 720 ILCS 5/33E-3; (2) bid-rotating in violation of 720 ILCS 5/33E-4; or (3) any similar offense of any state or of ihe United States of America that contains the same elements as the offense of bid-rigging or bid-rotating.
Neither the Disclosing Parly nor any Affiliated Entity is listed on any of the following lists maintained by the. Office of Foreign Assets Control of the U.S. Department ofthe Treasury or the Bureau of Industry and Security ofthe U.S. Department of Commerce or their successors: the Specially Designated Nationals List, the Denied Persons List, the Unverified List, the Entity List and the Debarred List.
The Disclosing Party understands and shall comply wilh the applicable requirements of Chapters 2-55 (Legislative Inspector General), 2-56 (Inspector General) and 2-156 (Governmental Ethics) of the Municipal Code.
If the Disclosing Party is unable to certify to any of the above statements in this Part B (Further Certifications), the Disclosing Party must explain below:







Page 6 ol" 13

[f ihe tellers "NA," (he word "None," or no response appears on the lines above, it will be conclusively presumed that the Disclosing I'arly certified to the above statements.

8. To the best ofthe Disclosing Party's knowledge after reasonable inquiry, the following is a complete list of all current employees of the Disclosing Parly who were, at any time during the 12-month period preceding the execution date of this EDS, an employee, or elected or appointed official, ofthe City of Chicago (if none, indicate with "N/A" or "none").
NONE ~'~


9. To the best of the Disclosing Party's knowledge after reasonable inquiry, the following is a complete list of all gifts that the Disclosing Party has given or caused to be given, at any time during the 12-month period preceding the execution date of this EDS, to an employee, or elected or appointed official, of the City of Chicago. For purposes of this statement, a "gift" does not include: (i) anything made generally available to City employees or to the general public, or (ii) food or drink provided in the course of official City business and having a retail value of less than $20 per recipient (if none, indicate with "N/A" or "none"). As to any gift listed below, please also list the name of the City recipient.

NONE \

C. CERTIFICATION OF STATUS AS FINANCIAL INSTITUTION
The Disclosing Party certifies that the Disclosing Party (check one)
(] is [)J is not
a "financial institution" as defined in Section 2-32-455(b) ofthe Municipal Code.
If the Disclosing Party IS a financial institution, then the Disclosing Party pledges:
"We are not and will not become a predatory lender as defined in Chapter 2-32 of the Municipal Code. Wc further pledge that none of our affiliates is, and none of them will become, a predatory lender as defined in Chapter 2-32 ofthe Municipal Code. Wc understand that becoming a predatory lender or becoming an affiliate of a predatory lender may result in the loss of the privilege of doing business with the City."

If the Disclosing Party is unable to make this pledge because it or any of its affiliates (as defined in Section 2-32-455(b) ofthe Municipal Code) is a predatory lender within the meaning of Chapter 2-32 ofthe Municipal Code, explain here (attach additional pages if necessary):




Page 7 of 13

If {lie letters "NA." the word "None," or no response appears on the lines above, it will be conclusively presumed that the Disclosing Party certified to the above statements.

D. CERTIFICATION REGARDING INTEREST IN CITY BUSINESS

Any words or terms (hat are defined in Chapter 2-156 ofthe Municipal Code have the same meanings when used in this Part D.
In accordance with Section 2-156-110 ofthe Municipal Code: Docs any official or employee
ofthe City have a financial interest in his or her own name or in the name of any other person or
entity in the Matter? "'"~" "" "
[ ] Yes tXi No

NOTE: If you checked "Yes" lo Item D.l., proceed to Items D.2. and D.3. If.you checked "No" to Item D,l„ proceed to Part E.
Unless sold pursuant to a process of competitive bidding, or otherwise permitted, no City elected official or employee shall have a financial interest in his or her own name or in the name of any other person or entity in the purchase of any property that (i) belongs to the City, or (ii) is sold for taxes or assessments, or (iii) is sold by virtue of legal process at the suit of the City (collectively, "City Property Sale"). Compensation for property taken pursuant to the City's eminent domain power docs not constitute a financial interest within the meaning of this Part D.

Does the Matter involve a City Property Sale?

[ j Yes pg No
If you checked "Yes" to Item D.l., provide the names and business addresses of the City officials or employees having such interest and identify the nature of such interest:

Name Business Address Nature of Interest





4. The Disclosing Party further certifies that no prohibited financial interest in the Matter will be acquired by any City official or employee.

E. CERTIFICATION REGARDING SLAVERY ERA BUSINESS

Please check either 1. or 2. below. If the Disclosing Party checks 2., the Disclosing Party must disclose below or in an attachment to Ibis EDS all information requited by paragraph 2. Failure to
Page 8 of 13

comply Willi these disclosure lequiicmcnls mny make any conliacl entered mlo wilh ihe Cily in connection with tl\e Matter voidable by the Cily.

X I. The Disclosing Parly verifies (hat the Disclosing Party has searched any and all records of
the Disclosing Party and any and all predecessor entities regarding records of investments or profits from slavery or slaveholder insurance policies during the slavery era (including insurance policies issued to slaveholders that provided coverage for damage to or injury or death of Iheir slaves), and ihe Disclosing Party has found no such records.

2. The Disclosing Party verifies that, as a result of conducting the search in step 1 above, the
Disclosing Party has found records of investments or profits from slavery or slaveholder insurance policies. The Disclosing Party verifies that the following constitutes full disclosure of all such records, including the names of any and all slaves or slaveholders described in those records:






SECTION VI - CERTIFICATIONS FOR FEDERALLY FUNDED MATTERS

NOTE: If the Matter Is federally funded, complete this Section VI. If the Matter is not federally funded, proceed to Section VII. For purposes of this Section VI, tax credits allocated by the City and proceeds of debt obligations of the City are not federal funding.

A. CERTIFICATION REGARDING LOBBYING

I. List below the names of all persons or entities registered under the federal Lobbying Disclosure Act of 1995 who have made lobbying contacts on behalf of the Disclosing Parly with respect lo the Matter: (Add sheets if necessary):

NONE


(If no explanation appears or begins on the lines above, or if the letters "NA" or if the word "None" appear, il will be conclusively presumed that the Disclosing Parly means lhat NO persons or entities registered under the Lobbying Disclosure Acl of 1995 have made lobbying contacts on behalf ofthe Disclosing Party with respect to the Matter.)

2. The Disclosing Party has not spent and will not expend any federally appropriated funds to pay any person or entity listed in Paragraph A.l. above for his or her lobbying activities or to pay any person or entity to influence or attempt to influence an officer or employee of any agency, as defined by applicable federal law. a member of Congress, an officer or employee of Congress, or an employee of a member of Congress, in connection with the award of any federally funded contract, making any federally funded grant or loan, entering into any cooperative agreement, or io extend, continue, renew, amend, or modify any federally funded contract, grant, loan, or cooperative agreement.
Page 9 of U

3 The Disclosing Parly will submit an updated certification al the end of each calendar quarter in winch there occurs any event that materially affects the accuracy ofthe statements and information set foith in paragraphs A.l. and A.2. above.

'I. The Disclosing Parly certifies thai cither: (i) it is not an organization described in section 501(c)(4) ofthe Internal Revenue Code of 1986; or (ii) it is an organization described in section 501 (c)(4) of the Internal Revenue Code of 1986 but has not engaged and will not engage in "Lobbying Activities".

5. If the Disclosing Party is the Applicant, the Disclosing Party must obtain certifications equal in
form and substance lo paragraphs A. I. through A.4. above from all subcontractors before it awards any
- -subcontracted the Disclosing Party must .maintain all such subcontractors' certifications for the ...
duration nf the Matter and must make such certifications promptly available to the Cily upon request.


B. CERTIFICATION REGARDING EQUAL EMPLOYMENT OPPORTUNITY

If the Matter is federally funded, federal regulations require the Applicant and all proposed subcontractors to submit the following information with their bids or in writing at the outset of negotiations. ,
Is (he Disclosing Party the Applicant?
M Yes [ 1 No
If "Yes," answer the three questions below:
Have you developed and do you have on file affirmative action programs pursuant lo applicable federal regulations? (See 41 CFR Part 60-2.)
[ ] Yes {yj No
Have you filed wilh the Joint Reporting Committee, the Director of the Office of Federal Contract Compliance Programs, or the Equal Employment Opportunity Commission all reports due tinder the applicable filing requirements?
IJ Yes bd No
Have you participated in any previous contracts or subcontracts subject to the equal opportunity clause?
t ] Yes bd No
If you checked "No" to question I. or 2. above, please provide an explanation: '~ WE'HXvE7.E^fHANlio EMPLOYEES

Page 10 of 13

section vii acknowledgments, contract incorpora i ion,
COMPLIANCE, PENALTIES, DISCLOSURE The Disclosing Party understands ami agrees that:
The certifications, disclosures, and acknowledgments contained in this EDS will become part of any contract or other agreement between the Applicant and the Cily in connection with the Matter, whether procurement, City assistance, or other City action, and are material inducements to the City's execution of any contract or taking other action with respect to the Matter. The Disclosing Party understands that il must comply with all statutes, ordinances, and regulations on which this EDS is based.
The City's Governmental Ethics and Campaign Financing Ordinances, Chapters 2-156 and 2-164 of the Municipal Code, impose certain duties and obligations on persons or entities seeking City contracts, work, business, or transactions. The full text of these ordinances and a training program is available on line at www.cityofchicago.org/Ethics , and may also be obtained from the City's Board of Ethics, 740 N.

Sedgwick St., Suite 500, Chicago, IL 60610, (312) 744-9660. The Disclosing Party must comply fully with the applicable ordinances.
If the City determines that any information provided in this EDS is false, incomplete or inaccurate, any contract or other agreement in connection with which it is submitted may be rescinded or be void or voidable, and the City may pursue any remedies under the contract or agreement (if not rescinded or void), at law, or in equity, including terminating the Disclosing Party's participation in the Matter and/or declining lo allow the Disclosing Party to participate in other transactions with the City. Remedies at law for a false statement of material fact may include incarceration and an award to the City of treble damages.
It is the City's policy to make this document available to the public on its Internet site and/or upon request. Some or all of the information provided on this EDS and any attachments to this EDS may be made available to the public on the Internet, in response to a Freedom of Information Act request, or otherwise. By completing and signing this EDS, the Disclosing Party waives and releases any possible rights or claims which it may have against the City in connection with the public release of information contained in this EDS and also authorizes the City to verify the accuracy of any information submitted in this EDS.

E. The information provided in this EDS must be kept current. In the event of changes, the Disclosing
Party must supplement this EDS up to the time the City takes action on the Matter. If the Matter is a
contract being handled by the City's Department of Procurement Services, the Disclosing Party must
update this EDS as the contract requires. NOTE: With respect to Matters subject to Article I of
Chapter 1-23 ofthe Municipal Code (imposing PERMANENT INELIGIBILITY for certain specified
offenses), the information provided herein regarding eligibility must be kepi current for a longer period,
as requited by Chapter 1-23 and Section 2-154-020 ofthe Municipal Code.

The Disclosing Party represents and warrants that:

Page 11 of 13
F. 1. The Disclosing Party is not delinquent in (he payment of any tax administcicd by (lie Illinois Department of Revenue, nor are the Disclosing Party or its Affiliated Entities delinquent in paying any fine, fee, tax or other charge owed to the City. This includes, but is not limited to, all water charges, sesvei charges, license fees, parking tickets, property taxes or sales taxes.

F.2 If the Disclosing Parly is the Applicant, the Disclosing Party and its Affiliated Entities will not use, nor permit their subcontractors to use, any facility listed by the U.S. E.P.A. on the federal Excluded Parlies List System ("EPLS") maintained by the U. S, General Services Administration.

F.3 If the Disclosing Party is tho Applicant, the Disclosing Party will obtain .from any con.traclo.rs/subcoutraclors hircd.or to be hired in connection-with the-Matter certifications cqiial in form pud substance to (hose In E.J. and F.2. above and will not, without the prior written consent of tho
City, use any such contractor/subcontractor that_does.not-provideU^ch-cer-tifieatious-orrthat'thc —
Disclosing Party lias'reason to believe has not provided or cannot provide truthful Certifications.

MOTE: If the Disclosing Party cannot certify as to any of the items in F.l;, F.2. or F.-3, above, an uxplnnatory statement must be attached to this EDS.

CERTIFICATION


cdrtlftcafiorK.and^
arid';cQtripiele as oftheilatc furnished to the City.
Bridgawater Studio Inc. |

BrlcCup
(Print or type name of Disclosing Parly)
(Prirtt or type name of person signing)
President and Managing Partner (Print or type title of person signing)
Signed and sworn to before mc on (date)
af (iljftf County (state).
Commission expires: J--^' j(7. J**

OFFICIAL SEAL
GAORlBLLAAKARTclff
•MOTARY PU3UC • STWe OF ill'MOtS MY COMMISSION EXPIRESiOaM WO
Page 12 of 13

CITY 01'CHICAGO ECONOMIC DISCLOSURE STATEMENT AND AFFIDAVIT APPENDIX A



FAMILIAL RELATIONSHIPS WITH ELECTED CITY OFFICIALS AND DEPARTMENT HEADS


This Appendix is to be completed only by (a) the Applicant, and (b) any legal entity which has a direct ownership interest iu the Applicant exceeding 7.5 percent. It is not to be completed by any legal entity which has only an indirect ownership Interest in the Applicant.
Under Municipal Code Section 2-154-015, the Disclosing Party must disclose whether such Disclosing Party or any "Applicable Parly" or any Spouse or Domestic Partner thereof currently has a "familial relationship" with any elected city official or department head. A "familial relationship" exists if, as ofthe date this EDS is signed, the Disclosing Party or any "Applicable Party" or any Spouse or Domestic Partner thereof is related to the mayor, any alderman, the cily clerk, the city treasurer or any city department bead as spouse or domestic partner or ns any ofthe following, whether by blood or adoption: parent, child, brother or sister, aunt or uncle, niece or nephew, grandparent, grandchild, father-in-law, mother-in-law, son-in-law, daughter-in-law, stepfather or stepmother, stepson or stepdaughter, stepbrother or stepsister or half brother or half-sister.
"Applicable Party" means (I) all executive officers of the Disclosing Party listed in Section ILB.l.a., if Ihe Disclosing Party is a corporation; all partners of the Disclosing Party, if the Disclosing Party is a general partnership; all general partners and limited partners of the Disclosing Party, if the Disclosing Parly is a limited partnership; all managers, managing members and members of the Disclosing Party, if the Disclosing Party is a limited liability company; (2) all principal officers of the Disclosing Party; and (3) any person having more than a 7.5 percent ownership interest in the Disclosing Party. "Principal officers" means the president, chief operating officer, executive director, chief financial officer, treasurer or secretary of a legal entity or auy person exercising similar authority.
Does the Disclosing Party or any "Applicable Party" or any Spouse or Domestic Partner thereof currently have a "familial relationship" with an elected city official or department head?
[ ] Yes [X] No

If yes, please identify below (I) the name and title of such person, (2) the name ofthe legal entity to which such person is connected; (3) the name and title of the elected cily official or department head to whom such person has a familial relationship, and (4) Ihe precise nature of such familial relationship.









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CITY OK CHICAGO ECONOMIC DISCLOSURE STATEMENT AND AFFIDAVIT
APPENDIX B

BUILDING CODE SCOFFLA W/PROBLEM LANDLORD CERTIFICATION
This Appendix is to be completed only by (a) the Applicant, and (b) any legal entity which has a direct ownership interest in the Applicant exceeding 7.5 percent (an "Owner"), It is not to be completed by any legal entity which has only an indirect ownership interest in the Applicant.
Pursuant to Municipal Code Section 2-154-010, is the Applicant or any Owner identified as a building code scofflaw or problem landlord pursuant to Section 2-92-416 of the Municipal CocjC?

[ ]Yes [x]No
If the Applicant is a legal entity publicly traded on any exchange, is any officer or director of the Applicant identified as a building code scofflaw or problem landlord pursuant to Section 2-92-416 of the Municipal Code?
[ ]Yes [ ]No [ x] Not Applicable
If yesto (1) or (2) above, please identify below the name ofthe person or legal entity identified as'a building code scofflaw or problem landlord and the address ofthe building or buildings to' which the'pertincnt code violations apply.






FILLING OUT THIS APPENDIX B CONSTITUTES ACKNOWLEDGMENT AND AGREEMENT THAT THIS APPENDIX B IS INCORPORATED BY REFERENCE INTO, AND MADE A PART OF, THE ASSOCIATED EDS, AND THAT THE REPRESENTATIONS MADE IN THIS APPENDIX B ARE SUBJECT TO THE CERTIFICATION MADE UNDER PENALTY OF PERJURY ON PAGE 12 OF THE ASSOCIATED EDS.
PROCO JOE MORENO
CITY COUNCIL
City of Chicago
Alderman, 1st Wahd 2740 Wesv North Avenue Chicago, Illinois 60647 Telephone: 773-278-0101 Fax: 773-278-2541
COMMITTEE MEMBERSHIPS
Chairman. Committee on Economic, Capital & Technology Development
Committees, Rules & Ernies Finance
Health & Environmental Protection Special Events, Cultural Affairs & Recreation Zoning, Landmarks & Building Standards
City Hall, Room 300 121 North LaSalle Street Chicago. Illinois 60602 telephone: (312) 744-3063
Fax: (312) 744-2870


April 19,2017


To the President and Members of the City Council:


Your committee on Economic, Capital & Technology Development, for which a meeting was held on April 18, 2017, having had under consideration the following three (3) items:


R2017-206 A Substitute Resolution in support of a Class 6(b) tax incentive for property at 1719 W
35th St.
R2017-209 Resolution in support of Class 6(b) tax incentive for property at 1455 W Willow St.
R2016-452 A Substitute Resolution seeking to amend the provisions concerning Cook County
Class 6(b) tax incentives
Proco Joe Moreno, Chairman
Committee on Economic, Capital & Technology Development


All of which were concurred by a voice vote. Respectfully submitted,