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Record #: O2013-9114   
Type: Ordinance Status: Passed
Intro date: 11/20/2013 Current Controlling Legislative Body: Committee on Housing and Real Estate
Final action: 1/15/2014
Title: Amendment of Municipal Code Section 13-72-080 concerning examination of records by condominium unit owners
Sponsors: Tunney, Thomas, Reilly, Brendan, Cappleman, James, Osterman, Harry, Pawar, Ameya, Smith, Michele, Hairston, Leslie A., Waguespack, Scott, Moore, Joseph, Dowell, Pat, Fioretti, Bob, Thompson, JoAnn, Lane, Lona, Reboyras, Ariel, Sposato, Nicholas, Cullerton, Timothy M., Silverstein, Debra L.
Topic: MUNICIPAL CODE AMENDMENTS - Title 13 - Building & Construction - Ch. 72 Condominiums
Attachments: 1. O2013-9114.pdf, 2. O2013-9114 (V1).pdf
City Council November 20, 2013 Committee on Housing & Real Estate
 
 
 
 
ORDINANCE
 
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
 
SECTION 1. Section 13-72-080 of the Municipal Code of Chicago is hereby amended by deleting the language struck through and by adding the language underscored, as follows:
 
13-72-080 Examination of records by unit owners.
No person shall fail to allow unit owners to inspect the financial books and records of the condominium association within ten business days of the time written request for examination of the records is received books and records of account for the condominium association's current and 10 immediately preceding fiscal years, including but not limited to itemized and detailed records of all receipts and expenditures, within ten thirty business days of the time written request for examination of the records is received
 
 
SECTION 2. This ordinance shall be in full force and effect after its passage and