ORDINANCE MCWS REC, LLC Acct. No. 411850 - 1 Permit No. 1136054
Se It Ordained by the City Council of the City of Chicago:
SECTION 1 Permission and authority are hereby given and granted to MCWS REC, LLC, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, eight (8) Vault(s) under the public right-of-way adjacent to its premises known as 300 E. Illinois St
Said Vault(s) at E. Illinois Street 1st Level measure(s):
One (1) at five hundred eighty-two point four two (582.42) feet in length, and eight (8) feet in width for a total of four thousand six hundred fifty-nine point three six (4659.36) square feet.
Said Vault(s) at E. Illinois Street 2nd Level measure(s):
One (1) at five hundred eighty-two point four two (582.42) feet in length, and eight (8) feet in width for a total of four thousand six hundred fifty-nine point three six (4659.36) square feet.
Said Vault(s) at E. Illinois Street 3rd Level measure(s):
One (1) at five hundred eighty-two point four two (582.42) feet in length, and eight (8) feet in width for a total of four thousand six hundred fifty-nine point three six (4659.36) square feet.
Said Vault(s) at E. Illinois Street 4th Level measure(s):
One (1) at five hundred eighty-two point four two (582.42) feet in length, and eight (8) feet in width for a total of four thousand six hundred fifty-nine point three six (4659.36) square feet.
Said Vault(s) at E. Grand Avenue 1st Level measure(s):
One (1) at five hundred eighty-two point four two (582.42) feet in length, and eight point three three (8.33) feet in width for a total of four thousand eight hundred fifty-one point five six (4851.56) square feet.
Said Vault(s) at E. Grand Avenue 2nd Level measure(s):
One (1) at five hundred eighty-two point four two (582.42) feet in length, and eight point three three (8.33) feet in width for a total of four thousand eight hundred fifty-one point five six (4851.56) square feet.
Said Vault(s) at E. Grand Avenue 3rd Level measure(s):
One (1) at five hundred eighty-two point four two (582.42) feet in length, and eight point three three (8.33) feet in width for a total of four thousand eight hundred fifty-one point five six (4851.56) square feet.
Said Vault(s) at E. Grand Avenue 4th Level measure(s):
One (1) at five hundred eighty-two point four two (582.42) feet in length, and eight point three three (8.33) feet in width for a total of four thousand eight hundred fifty-one point five six (4851.56) 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 #1136054 herein granted the sum of fifty thousand two hundred eighteen ($50,218.00) per annum in advance.
A 25% penalty will be added for payments received after due date.
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