ORDINANCE
151 NORTH STATE OWNER LLC Acct No.: 394278-3 Permit No: BACP1579610
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to 151 NORTH STATE OWNER LLC upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, four (4) Vault(s) under the public right-of-way adjacent to its premises known as 8 E RANDOLPH ST.
Said Vault(s) at E. BENTON PLACE measure(s):
One (1) at one hundred thirty-three (133) feet in length and thirty-one (31) feet in width for a total of four thousand one hundred twenty-three (4,123) square feet.
Said Vault(s) at N. HOLDEN COURT measure(s):
One (1) at one hundred sixty-eight (168) feet in length and twenty-two (22) feet in width for a total of three thousand six hundred ninety-six (3,696) square feet.
Said Vault(s) at N. STATE STREET measure(s):
One (1) at two hundred one (201) feet in length and twenty-five (25) feet in width for a total of five thousand twenty-five (5,025) square feet.
Said Vault(s) at E. RANDOLPH STREET measure(s):
One (1) at one hundred thirty-eight (138) feet in length and sixteen (16) feet in width for a total of two thousand two hundred eight (2,208) 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 #BACP1579610 herein granted the sum of fifty-six thousand five hundred ninety-six ($56,596.00) 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 10/06/2020.
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09/14/2021
Alderman Brendan Reilly Ward #42 City of Chicago City Hall, Room 800 121 N. LaSalle Street Chicago, IL 60602
Re: An ordinance to use and maintain a portion of the public right-of-way for 4 Vault(s) for 151 NORTH STATE OWNER LLC, adjacent to the premises known as 8 E RANDOLPH ST.
Dear Alderman Brendan Reilly:
The applicant referenced above has requested the use ofthe public right-of-way for 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 ot Business Affairs and Consumer Protection