Ordinance O2023-0006208
Passed
Amendment of Municipal Section 17-4-0404 regarding MLA Reduction for Downtown Floor Area Bonus
Auto-generated summary
Chicago's City Council, including the 4th Ward Alderman, proposes an ordinance amending Section 17-4-0404 of the Municipal Code. The 'MLA Reduction for Downtown Floor Area Bonus' allows qualifying projects for Sec. 17-4-1000 bonuses to reduce lot-area-per-unit standards by one percent per floor area increase, capped at 30 percent, except in dash 16 designations. The ordinance takes effect upon passage and publication.
Sponsors
| Sponsors (3) | Ward | |
|---|---|---|
|
Robinson, Lamont J.Primary Sponsor | Ward 4 |
|
Hopkins, Brian | Ward 2 |
|
Ramirez-Rosa, Carlos | Ward 35 |