ORDINANCE
HYATT CENTRIC THE LOOP CHICAGO Acct. No. 389327 -1 Permit No. 1148187
Be It Ordained by the City Council ofthe City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to HYATT CENTRIC THE LOOP CHICAGO, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, two (2) Vault(s) under the public right-of-way adjacent to its premises known as 100 W. Monroe St
Said Vault(s) at West Monroe Street measure(s):
One (1) at forty-three point two five (43.25) feet in length, and fifteen (15) feet in width for a total of six hundred forty-eight point seven five (648.75) square feet.
Said Vault(s) at South Clark Street measure(s):
One (1) at sixty-one point four two (61.42) feet in length, and thirteen (13) feet in width for a total of seven hundred ninety-eight point four six (798.46) square feet.
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 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 #1148187 herein granted the sum of fourteen thousand one hundred forty-eight ($14,148.00) 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 five (5) years from and after 03/16/2021.
Alderman
Brendan Reilly 42nd Ward
Page 1
04/21/2021
Alderman Brendan Reilly Ward # 42 City of Chicago City Hall, Room 300 121 North LaSalle Street Chicago, Illinois 60602
Re: An ordinance to use and maintain a portion of the public right-of-way for two (2) vault(s) for
HYATT CENTRIC THE LOOP CHICAGO, adjacent to the premises known as 100 W. Monroe St
Dear Alderman Brendan Reilly:
The applicant referenced above has requested the use of the public right-of-way for a vault(s). An ordinance has been prepared by the Department of Business Affairs and Consumer Protection-Small Business 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 contact Anthony Bertuca at (312) 744-5506.
Department of Business Affairs and Consumer Protection