Ordinance O2024-0010962
Passed
Non-Routine
City Matters
Special Funds
Open Space Impact Funds
Expenditure of Open Space Impact Fee funds for costs related to development of Larrabee Gateway Plaza
Auto-generated summary
Chicago's Open Space Impact Fee Ordinance requires fees from Fee-Paying Developments lacking open space contributions. The Department of Finance collects these fees, used by the Department of Planning and Development for projects like the Larrabee Gateway Plaza, identified by the CitySpace Plan as needing more open space in the Near North Side Community Area. The City Council approved $844,000 from the area's Open Space Fees Funds for this project, ensuring a direct and material benefit to residents, effective upon ordinance passage and approval.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |