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Based on the formula set forth in Section 16-18-040 hereof, open space impact fees shall be charged according to the following fee schedule:
Size of Unit (square feet)* | Open Space Impact Fee (per dwelling unit)** | Open Space Impact Fee For Affordable Housing (per unit) |
0 – 799 | $313.00 | $100.00 |
800 – 1,599 | $313.00 | $100.00 |
1,600 – 2,999 | $940.00 | $100.00 |
3,000 and up | $1,253.00 | $100.00 |
*Square feet includes only those areas that meet the definition of “floor area ratio” as set forth in Section 17-17-0305 of the Chicago Zoning Ordinance.
**Except “affordable housing” as defined in Section 16-18-040.
(Added Coun. J. 4-1-98, p. 65269; Amend Coun. J. 11-8-12, p. 38872, § 241)
Notes
| 17-17-0305 | The hyper-linked material is not part of the Chicago Building Code infobase and therefore is not included herein. The material is included in other provisions of the Chicago Municipal Code. The complete Chicago Municipal Code is available for purchase from American Legal Publishing in both print and Folio® versions. Please click here for the appropriate American Legal order form in printable Adobe® PDF format. For additional information, you may visit American Legal's website by clicking here. |