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 04-17-040 of the Municipal Code of Chicago ("Code"), the 24tb Precinct of the 13th Ward, as described herein, is hereby designated as a Restricted Residential Zone within the meaning of Chapter 4-17 ofthe Code. All new or additional shared housing units and vacation rentals shall be prohibited within the boundaries of such 24,h Precinct, with such boundaries beginning at the intersection of S. Kostner Av. and W. 55"" St., thence east on W. 55"1 St. to S. Keeler Av., thence south on S. Keeler Av. to W. 58"' St., thence west on W. 58'" St. to S. Kostner Av., thence north on S. Kostner Av. to W. 57,h St., thence east on W. 57lh St. to S. Kolin Av., thence north on S. Kolin Av. to W. 56,h St., thence west on W. 56th St. to S. Kostner Av., and thence north on S. Kostner Av. 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.
