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Record #: O2020-103   
Type: Ordinance Status: Passed
Intro date: 1/15/2020 Current Controlling Legislative Body: Committee on Economic, Capital and Technology Development
Final action: 2/19/2020
Title: Amendment of Municipal Code Chapter 16-14 by modifying various provisions of Neighborhood Opportunity Fund Ordinance
Sponsors: Lightfoot, Lori E.
Topic: MUNICIPAL CODE AMENDMENTS - Title 16 - Land Use - Ch. 14 Neighborhood Opportunity Fund Ordinance
Attachments: 1. O2020-103.pdf
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OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR

January 15,2020










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request of the Commissioner of Planning and Development, I transmit herewith an ordinance authorizing an amendment to the spending authorization for the Neighborhood Opportunity Fund and associated program enhancements.

Your favorable consideration ofthis ordinance will be appreciated.


Very truly yours,

ORDINANCE


BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:


SECTION 1. The header of Chapter 16-14 ofthe Municipal Code of Chicago is hereby amended by deleting the language stricken through and by inserting the language underscored, as follows:
CHAPTER 16-14
NEIGHBORHOODS NEIGHBORHOOD OPPORTUNITY FUND ORDINANCE


SECTION 2. Section 16-14-010 of the Municipal Code ofChicago is hereby amended by deleting the language stricken through and by inserting the language underscored, as follows:
16-14-010 Title.
This chapter shall be known and cited as the ''Neighborhoods Neighborhood Opportunity Fund Ordinance."


SECTION 3. Section 16-14-020 ofthe Municipal Code of Chicago is hereby amended by deleting the language stricken through and by inserting the language underscored, as follows:
16-14-020 Definitions.
For purposes of this chapter, the following definitions shall apply:
"Commissioner" means the commissioner of planning and development Commissioner of Planning and Development.
"Department" means the department of planning and development Department of Planning and Development.
"Group I Award" means, with respect to an individual development project funded under this chapter, a grant in an aggregate amount of $250.000.00 or less.
"Group 1 Program Funding Limit" has the meaning ascribed to that term in subsection (d) of Section 16-14-080.
"Group II Award" means, with respect to an individual development project funded under this chapter, a grant in an aggregate amount in ex...

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