City Council Update:
The following ordinance was introduced at the January 21, 2015 City Council meeting:
Intergovernmental agreement with Chicago Park District regarding transfer of land for Barack Obama Presidential Center (Sponsor: Mayor Emanuel and 42 Aldermen)
The ordinance would allow the Chicago Park District to transfer around 20 acres of land in Washington Park or Jackson Park to be used for the Obama Presidential Library. The ordinance would significantly strengthen the University of Chicago’s bid to host the Obama Presidential Library. The new ordinance would restrict the size of the library building to five acres.
The Chamber supports the bid for the Obama Presidential Library to be in Chicago.
Action was taken on the following ordinances at the January 21, 2015 City Council meeting:
Amendment of Municipal Code Titles 1, 2, 4, and 13 - The Eriana Patton Smith and Coleman/Clark Kids Tenant Protection Ordinance (Sponsor: Department of Buildings)
This ordinance was directly introduced in the joint committee: Budget and Government Operations; Zoning, Landmarks and Building Standards on January 20, 2015. The ordinance allows the Department of Buildings to create and publish a list of landlords (“building code scofflaw”). The first list is set to be published early next week. Landlords put on the list will be unable to obtain or renew licenses or do business with the city of Chicago.
The Chamber did not take a position on the ordinance, which passed City Council 49-0.
Amendment of Municipal Code Titles 2 and 17 regarding affordable housing requirements (Sponsors: Mayor Emanuel, Aldermen Burnett, Burns, and others)
The current ARO requires residential developments receiving city financial assistance or city-owned land to provide a percentage of units at affordable prices. The ordinance applies to residential developments of 10 or more units and requires that developers provide 10 percent of their units at affordable prices. The current ARO ordinance also applies if: a zoning change is granted that increases project density or allows a residential use not previously allowed or the development is a "planned development" within the downtown area. The ARO was last updated in 2007.
The revised ordinance would make it mandatory for a developer in low-moderate income areas to provide at least 25 percent of the required affordable units on-site or pay an in-lieu of fee of $50,000 per unit. In higher income areas a developer must provide at least 25 percent of the required affordable units on-site or off-site or pay an in-lieu of fee of $125,000 per unit. The ordinance was deferred and published.
The Chamber opposed the revised ordinance as it was introduced and worked with the Home Builders Association of Greater Chicago and the Chicago Association of Realtors for more time and further discussions. The Chamber supports the motion to defer and publish.
The next City Council meeting will be held on Wednesday, March 18, 2015 at 10:00AM.