ORDINANCE
THE ART INSTITUTE OF CHICAGO Acct. No. 85751 - 6 Permit No. 1147601
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to THE ART INSTITUTE OF 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 37 S. Wabash Ave .
Said Vault(s) at S. Wabash Avenue measure(s):
One (1) at seventy-six point six seven (76.67) feet in length, and fifteen point five eight (15.58) feet in width for a total of one thousand one hundred ninety-four point five two (1194.52) square feet.
Said Vault(s) at E. Monroe Street measure(s):
One (1) atone hundred eighty point nine two (180.92) feet in length, and nine point zero eight (9.08) feet in width for a total of one thousand six hundred forty-two point seven five (1642.75) 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 #1147601 herein granted the sum of ten thousand six hundred sixty-eight ($10,668.00) 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 12/08/2020.
Alderman
01/27/2021
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 THE ART INSTITUTE OF CHICAGO, adjacent to the premises known as 37 S. Wabash Ave
Dear Alderman Brendan Reilly:
The applicant referenced above has requested the use ofthe public right-of-way for a vault(s). An ordinance has been prepared by the Department ofBusiness 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.
Ifyou have any questions regarding this ordinance, please contact Anthony Bertuca at (312) 744-5506.,
Department ofBusiness Affairs and Consumer Protection