SUBSTITUTE ORDINANCE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. Title 16 of the Municipal Code of Chicago is hereby amended by deleting Chapter 16-8 in its entirety and substituting a new Chapter 16-8 in lieu thereof, as follows:
16-8-010 Title.
This chapter shall be known and may be cited as the "Industrial Corridor System Fund Ordinance."
16-8-020 Definitions.
For purposes of this chapter, the following definitions shall apply:
"Commissioner" means the commissioner of planning and development.
"Conversion areas" are geographic areas within the industrial corridor system identified for potential zoning and/or other land use changes or modifications in a plan approved by the Chicago Plan Commission or city council and designated pursuant to Sec. 16-8-030.
"Conversion fee" means the fee collected by the city to mitigate impacts to the industrial corridor system caused by the rezoning of land within conversion areas.
"Department" means the department of planning and development.
"Development site" means a zoning lot, or portion thereof, within a rezoned area for which a building permit is being issued.
"Industrial corridor" is defined in Sec. 17-17-0274.
"Industrial corridor system" means, collectively, all of the city's industrial corridors, as the same may be designated or amended from time to time.
"Industrial establishment" is defined in Sec. 17-17-0275.
"Industrial use" means any use in the Industrial Use Group under Sec. 17-17-0105.
"Net site area" means the entire land area within the boundaries of a development site, less the area of all land required or proposed for public use, provided such public use area is not counted as net site area for the purpose of calculating floor area ratio or other bulk and density regulations.
"Planned development" is defined in Sec. 17-17-02120.|1010|
"PMD zoning district classification" means a district that has been designated as a planned manufacturing district, as defined in Sec. 17-...
Click here for full text