ORDINANCE
WHEREAS, At the meeting of the City Council of the City of Chicago ("City Council") held on June 5, 2013, an ordinance was introduced at the request of the Commissioner of Housing and Economic Development that authorized a Class L tax status for property located at 12 South Michigan Avenue ("the Ordinance"). The Ordinance was referred to the Committee on Finance; and
WHEREAS, Following its passage, the Ordinance was published in the Journal of Proceedings, at which point it was discovered that the final page of Exhibit 2, and all of Exhibit 3, were missing from the Ordinance, along with a reference in the Ordinance to Exhibit 3; and
WHEREAS, It is necessary and appropriate to correct this error, so that Exhibits 2 and 3 are included in full, as well as a reference to Exhibit 3 in the final "whereas" clause of the Ordinance; and
WHEREAS, For the convenience of the reader and to avoid confusion, it is advisable to republish the ordinance and all its exhibits in their entirety instead of replacing pages in various locations within the ordinance; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. The Journal of Proceedings of June 5, 2013 is hereby corrected by replacing pages 54020 through 54033 with the pages attached hereto as Exhibit A.
SECTION 2. This ordinance shall be effective upon passage and approval.
Edward M. Burke Alderman, 14lh Ward
ORDINANCE
WHEREAS, the City of Chicago (the "City") is a home rule unit of government under Section 6(a), Article VII of the 1970 Constitution of the State of Illinois authorized to exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the Cook County Board of Commissioners has enacted the Real Property Assessment Classification Ordinance, as amended (the "Classification Ordinance"), which establishes the Class L property tax classification to encourage the preservation and rehabilitation of certain historically and architectur...
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