Title:
Committee(s) Assignment:
"Keep Chicago Renting" Ordinance Committee on Housing and Real Estate
SUBSTITUTE ORDINANCE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. Section 2-25-050 of the Municipal Code of Chicago is hereby amended by adding the language underscored and by deleting the language struck through, as follows:
2-25-050 Powers and duties of the department.
(Omitted text is unaffected by this ordinance)
(b) Powers and duties of the commissioner and the department. The powers and duties ofthe commissioner and department shall be as follows:
(Omitted text is unaffected by this ordinance)
To exercise all rights, powers, duties, obligations and responsibilities that relate to the issuance or revocation of permits for the installation or maintenance of collection bins pursuant to Section 7-28-785t;
To administer and enforce chapter 5-14.
SECTION 2. The Municipal Code of Chicago is hereby amended by adding a new Chapter 5-14, as follows:
Chapter 5-14 Protecting Tenants at Foreclosures.
5-14-010 Title, purpose and scope.
This chapter shall be known and may be cited as the "Protecting Tenants in Foreclosed Rental Property Ordinance" and shall be liberally construed and applied to promote its purposes and policies.
In order to protect and promote the health, safety and welfare of its residents and mitigate the damaging effects on our communities of foreclosures, which individually are catastrophic for the families and tenants who lose their homes, and collectively can economically destabilize an otherwise healthy neighborhood, by causing building abandonment, excessive vacancy, declines in property values, and a perception of a neighborhood as being unworthy of investment, it is the purpose of this chapter and the policy of the city to preserve, protect, maintain and improve rental property and prevent occupied buildings from becoming vacant after foreclosures.
Nothing in this ordinance shall affect the obligation to provide no...
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