ORDINANCE U S EQUITIES REALITY Acct. No. 88460 -1 Permit No. 1108155
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to U S EQUITIES REALITY, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, thirteen (13) Caisson(s) under the public right-of-way adjacent to its premises known as 550 W. Van Buren St Existing locations of caisson shafts, caisson caps and of volume concrete encroach into public way in thirteen (13) underground locations along South Clinton Street, West Van Buren Street and Public Alley immediately west of and parallel to South Clinton Street. Existing caisson shafts and caisson caps provide foundation support for building.
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 (Office of Underground Coordination).
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 #1108155 herein granted the sum of four hundred ($400.00) 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 ofcffve (5) years from and after 07/08/2013
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Department of Business Affairs and Consumer Protection
Business Assistance Center- Public Way Use Unit City Hall- 121 N. LaSalle Street Room 800 Chicago, IL 60602 (312V74-GOBIZ (312-744-6249) (312) 744-1944 (TTY) http //www citvot'chicauo.ora/bacp
10/16/2013
Alderman Bob Fioretti Ward # 02 City of Chicago City Hall, Room300 121 North LaSalle Street Chicago, Illinois 60602
Re: An ordinance to use and maintain a portion of the public rightof-way for thirteen (13) caisson(s) for TJ S EQUITIES REALITY, adjacent to the premises known as550 W. Van Buren St
Dear Alderman Bob Fioretti:
The applicant referenced above has requested the use ofthe public right-of-way for caisson(s). An ordinance has been prepared by the Department of Business Affairs and Consumer Protection - Business Assistance Center - Public Way Use Unit for presentation to the City Council. Because this request was made for properties located in your ward, as approved by you as per the attached, I respectfully request that you introduce the attached ordinance at the next City Council meeting.
If you have any questions regarding this ordinance, please contacftnthony Bertucaat (312) 744-5506.
Department of Business Affairs and Consumer Protection