ORDINANCE
MACERICH MANAGEMENT Acct. No. 88361 - 1 Permit No. 1132962
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to MACERICH MANAGEMENT, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, three (3) Vault(s) ComEd Airway Vault(s) under the public right-of-way adjacent to its premises known as 43 E. Ohio St
Existing Airway Vault at N. Wabash Avenue measured-One (1) at forty-two (42) feet in length, and five (5) feet in width for a total of two hundred ten (210) square feet.
Existing Airway Vaults at N. Rush Street measure(s):
One (1) at thirty-eight (38) feet in length, and ten (10) feet in width fora total of three hundred eighty (380) square feet.
One (1) at four point two five (4 25) feet in length, and three (3) feet in width for a total of twelve point seven five (12.75) 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 #1132962 herein granted the sum of one thousand six hundred ninety-five ($1,695.00) 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 04/01/2018.
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