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 4-17-040 of the Municipal Code of Chicago ("Code"), the 28th Precinct of the 23rd 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 28th Precinct, with such boundaries beginning at the southeast intersection of South Sayre Avenue and West 63rd Street, thence east on south side of West 63rd Street to the west side of South Oak Park Avenue, thence south on the west side of South Oak Park Avenue to the north side of West 65th Street, thence west on the north side of West 65th Street to the east side of South Nottingham Avenue, thence north on the east side of South Nottingham Avenue to the south side of West 64th Place, thence east on the south side of West 64th Place to the east side of South Sayre Avenue, and thence north on the east side of South Sayre Avenue 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.
