ORDINANCE
401 NORTH WABASH VENTURE LLC Acct. No. 283671 -1 Permit No. 1124256
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to 401 NORTH WABASH VENTURE LLC, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, Permanent Enclosure within the public right-of-way affixed to its premises known as 401 N. Wabash Avenue and lying generally below the height of the upper surface of adjacent North Wabash Avenue.
Said Permanent Enclosure at LOWER LEVEL N. WABASH measure(s):
One (1) at thirty (30) feet in length, and ten (10) feet in width for a total of three hundred (300) square feet. Existing area is used for ventilation plenum for the lower level parking garage and handicap accessibility to all levels of the site.
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 #1124256 herein granted the sum of one thousand four hundred eleven ($1,411.00) 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.
Page 1
Authority herein given and granted for a period of five (5) years from and after 06/28/2016.
