ORDINANCE
WHEREAS, Chapter 4-17 of the Municipal Code of Chicago authorizes the establishment of Restricted Residential Zones pursuant to an opt-out process, which requires a petition to trigger an ordinance; and
WHEREAS, The requisite procedural requirements have been met; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. Pursuant to Sections 4-17-020 and 04-17-040 ofthe Municipal Code of Chicago ("Code"), the 37th Precinct of the 13th Ward, as described herein, is hereby designated as a Restricted Residential Zone within the meaning of Chapter 4-17 of the Code. All new or additional shared housing units and vacation rentals shall be prohibited within the boundaries of such 37th Precinct, with such boundaries beginning at the intersection of S. Cicero Av. and W. 65th St., thence east on W. 65th St. and W. 65th St. (extended) to the Branch of C R.R., thence south, southeast, northwest and west on the Branch of C R.R. to S. Cicero Av., and thence north on S. Cicero Av. to the place of beginning.
SECTION 2. This ordinance shall take full force and effect upon its passage and publication, and shall remain in effect for four years following its effective date.