Record #: O2015-8657   
Type: Ordinance Status: Passed
Intro date: 12/9/2015 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 1/13/2016
Title: Grant(s) of privilege in public way for 850 Investors LLC
Sponsors: Hopkins, Brian
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2015-8657.pdf

• ORDINANCE

.850 INVESTORS LLC V Acct. No. 335775 -1 Permit No. 1120730

 

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

SECTION 1. Permission and authority are hereby given and granted to 850 INVESTORS LLC, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, one (1) Vault(s) under the public right-of-way adjacent to its premises known as 850 N. Lake Shore Dr

f'Sfeid Vault(s) at E. CHESTNUT STREET measure(s):

,^dne (1) at two hundred sixty-one point six seven (261.67) feet in length, and eighteen point five (18.5) feet in width i fpr a total of four thousand eight hundred forty point nine (4840.9) square feet. Existing vault space is used for various accessory purposes.

 

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.

' f he grantee shall pay to the City of Chicago as compensation for the privilege #1120730 herein granted the sum of ' fifteen thousand eight hundred seventy-eight ($15,878.00) 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 fora period of five (5) years from and after 11/19/2013.

Alderman

Brian Hopkins 2nd, Ward

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 1

 

 

 

t

Department of Business Affairs and Consumer Protection

Small Business Center- Public Way Use Unit City Hall-121 N LaSalle Street Room 800 • Chicago, IL 60602 312-74-GOBIZ/ 312-744-6249 • (312) 744-1944 (TTY) http://www.cilvofcliicago.org/bacp

 

 

 

 

 

 

 

 

12/09/2015

 

Alderman Brian Hopkins

Ward # 02 City of Chicago City Hall, Room 200 121 North LaSalle Street Chicago, Illinois 60602

Re: An ordinance to use and maintain a portion of the public rightof-way for one (1) vault(s) for 850 INVESTORS LLC, adjacent to the premises known as850 N. Lake Shore Dr

 

Dear Alderman Brian Hopkins:

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 contacr\nthony Bertucaat (312) 744-5506.

 

 

 

 

 

 

 

 

 

 

Department of Business Affairs and Consumer Protection