FINAL FOR PUBLICATION
SUBSTITUTE ORDINANCE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. That the Chicago Zoning Ordinance be amended by changing all the DX-7, Downtown Mixed-Use District symbols and indications as shown on Map No. 2-F in the area bound by:
West Madison Street; the Kennedy (I-90) Expressway; West Monroe Street; and South Halsted Street
to those of a Residential-Business Planned Development District and a corresponding use district is hereby established in the area above described.
SECTION 2. This ordinance shall be in force and effect from and after its passage and due publication.
Commonly known as: 1-41 South Halsted Street; 723-741 West Madison Street; 760-778 West Monroe Street, Chicago, Illinois 60607.
RESIDENTIAL BUSINESS PLANNED DEVELOPMENT STATEMENTS
The area delineated herein as Planned Development Number TBD, ("Planned Development") consists of approximately 79,658 square feet of property which is depicted on the attached Planned Development Boundary and Property Line Map ("Property") and is owned or controlled by the Applicant, Mid City Plaza, LLC .
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, the legal title holders and any ground lessors. All rights granted hereunder to the Applicant shall inure to the benefit of the 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 of the Chicago Zoning Ordinance, the Property, at the time of application for amendments, modifications or changes (administrative, legislative or otherwise) to this Planned Development are made, shall be under single ownership or designated control. Single designated control is defined in Section 17-8-0400 of the Zoning Ordinance.
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