O R 1) I N A N C E
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. There is hereby created a pilot program, pursuant to which zones in certain retail corridors within the City are hereby established for the purpose of receiving targeted support in order to spur economic development (the "Program"). The geographic boundaries of such zones for the Program are set forth in Exhibit A to this ordinance, which is incorporated herewith and made a part hereof.
SECTION 2. The Commissioner of the Department of Planning and Development is hereby authorized to designate a name for the Program.
Hon. Carrie M. Austin Alderman, 34th Ward
SECTION 3. This Ordinance shall take effect upon its passage and approval, and shall be repealed of its own accord, without further action by the City Council, on December 31, 2019.
Exhibit A - Program Zones Boundaries
The following are the retail corridor zones for the Program established by this Ordinance and their general geographic boundaries:
AUSTIN ~ West Chicago Avenue from North Austin Avenue to North Laramie Avenue, as more fully shown on the map attached hereto as Sub-Exhibit A-1.
BACK OF THE YARDS - West 47th Street from South Damen Avenue to South Loomis Boulevard and South Ashland Avenue from West 42nd Street to West 49lh Street, as more fully shown on the map attached hereto as Sub-Exhibit A-2.
BRONZEVILLE - East 43rd Street from South Forrestville Avenue to the alley return east of South Cottage Grove Avenue; East 47th Street from South Wabash Avenue to South Drexel Boulevard; and South Cottage Grove Avenue from East 43rd Street to East 47th Street, as more fully shown on the map attached hereto as Sub-Exhibit A-3.
CHATHAM - East 75th Street from the alley return west of South Michigan Avenue to South Eberhart Avenue and East 79th Street from South Vernon Avenue to South Maryland Avenue, as more fully shown on the map attached hereto as Sub-Exhibit A-4.
ENGLEWOOD - West 63rd Street from South Halsted...
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