Record #: O2019-8780   
Type: Ordinance Status: Passed
Intro date: 11/13/2019 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 12/18/2019
Title: Grant(s) of privilege in public way for 545 Investors LLC - caissons
Sponsors: Reilly, Brendan
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2019-8780.pdf

ORDINANCE 545 INVESTORS, LLC Acct. No. 397017-2 Permit No. 1142600

 

Se It Ordained by the City Council of the City of Chicago:

SECTION 1. Permission and authority are hereby given and granted to 545 INVESTORS, LLC, upon the terms and subject to the conditions ofthis ordinance to maintain and use, as now constructed, ten (10) Caisson(s) under the public right-of-way adjacent to its premises known as 545 N. Mcclurg Ct

Said Caisson(s) at E. Ohio Street Street measure(s):

Five (5) at one (1) foot in length, and point one (.1) feet in width for a total of point five (.5) square feet. Said caissons shall be approximately eighty-five (85) feet below grade level.

Two (2) atone (1) foot in length, and point one one (.11) feet in width for a total of point two two (.22) square feet. Said caissons shall be approximately eighty-five (85) feet below grade level.

Three (3) at one (1) foot in length, and point one two (.12) feet in width for a total of point three six (.36) square feet. Said caissons shall be approximately eighty-five (85) feet below grade level.

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 ofChicago as compensation for the privilege #1142600 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.

Brendan Reilly 42nd Ward .

Page 1

Authority herein given and granted for a period of five (5) years from and after 09/10/2019.