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Record #: O2011-5526   
Type: Ordinance Status: Passed
Intro date: 7/6/2011 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 7/28/2011
Title: Grant(s) of privilege in public way for Park Federal Saving Bank - planter
Sponsors: Burke, Edward M.
Topic: PUBLIC WAY USAGE - Grants of Privilege
ORDINANCE
PARK FEDERAL SAVINGS BANK Acct. No. 10976-2 Permit No. 1088386
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given'and granted to PARK FEDERAL SAVINGS BANK, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, three (3) Planter(s) on the public right-of-way for beautification purposes adjacent to its premises known as 2740 W. 55th St
Said Planter(s) at WEST 55TH ST measure(s):
Three (3) at one point four one (1.41) foot in length, and one point four one (1.41) foot in width for a total of five point nine six (5.96) square feet.
Grantee must allow the required clear and unobstructed space for pedestrian passage at all times per rules and regulations approved by the Department of Transportation.
The location of said privilege shall be as shown on prints kept on file with the Department of Business Affairs and Consumer Protection and the Office of the City Clerk.
Said privilege shall be constructed in accordance with plans and specifications approved by the Department of Planning and Development and Department of Transportation (Division of Project Development).
This grant of privilege in the public way shall be subject to the provisions of Section 10-28-015 and all other required provisions of the Municipal Code of Chicago.
The grantee shall pay to the City of Chicago as compensation for the privilege #1088386 herein granted the sum of zero ($.00) per annum in advance.
A 25% penalty will be added for payments received after due date.
The permit holder agrees to hold the City of Chicago harmless for any damage, relocation or replacement costs associated with damage, relocation or removal of private property caused by the City performing work in the public way.
Authority herein given and granted for a period of fivep) years from and after 06/04/2008.

Edward M. Burke 14th Ward
Page 1
Department of Business Affairs and Consumer Protection
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