ORDI NANCE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO: SECTION 1. Title 17, ofthe Municipal Code ofChicago, the Chicago Zoning Ordinance be amended by changing all the Business Planned Development Number 381 District symbols and indications as shown on Map No. 1-F in the area bounded by
West Wacker Drive; North State Street; West Lake Street; and North Dearborn Street,
to those of Business Planned Development Number 381, as Amended which is hereby established in the area described above, subject in such use and bulk regulations as are set forth in the Plan of Development herewith attached and made a part hereof and to no others.
SECTION2. This ordinance shall be in force and effect from and after its passage and due publication.
Common Address of Property: 1-39 West Wacker Drive, 200-240 North State Street,
2-40 West Lake Street, and 201-241 North Dearborn Avenue
FINAL,
BUSINESS PLANNED DEVELOPMENT No. 381, AS AMENDED PLAN OF DEVELOPMENT STATEMENTS
The area delineated herein as Business Planned Development No. 381 as amended, and which is legally described on Exhibit A attached hereto and a made part hereof this Planned Development consisting of approximately one_hundred thousand, seven hundred and fifty-eight (100,758) square feet or 2.31 acres of property (the Property) as shown on which is depicted on the attached Planned Development Boundary and Property Line Map (Property) and is an owned or controlled by the ("Applicant") CWI Chicago Hotel, LLC an owner of Subarea B.
The requirements, obligations and conditions contained within this Planned Development shall be binding upon the Applicant, its successors and assigns and, if different than the Applicant shall inure to the benefit ofthe applicant's successors and assigns and, if different than the applicant, the legal title holder and any ground lessors. Furthermore, pursuant to the requirements of Section 17-8-0400 ofthe Chicago Zoning Ordinance, the Property, at the time of applicati...
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