Office of the City Clerk - Record #: O2017-5821

• Record #: O2017-5821
• Type: Ordinance
• Status: Passed
• Intro date: 7/26/2017
• Current Controlling Legislative Body: Committee on Transportation and Public Way
• Final action: 9/6/2017
• Title: Grant(s) of privilege in public way for Piedmont 500 West Monroe Fee LLC
• Sponsors: Reilly, Brendan
• Topic: PUBLIC WAY USAGE - Grants of Privilege

Date	Journal Page Number	Action By	Action	Result
9/6/2017	55115	City Council	Passed	Pass
8/30/2017		Committee on Transportation and Public Way	Recommended to Pass	Pass
7/26/2017	54090	City Council	Referred

ORDINANCE

PIEDMONT 500 WEST MONROE FEE LLC Acct. No. 418087-1 Permit No. 1128716

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

SECTION 1. Permission and authority are hereby given and granted to PIEDMONT 500 WEST MONROE FEE LLC, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, thirty-eight (38) Caisson(s) under the public right-of-way adjacent to its premises known as 500 W. Monroe St Existing caissons bells extend into the public way in varying dimensions under West Monroe Street, West Canal Street, North Clinton street and West Arcade Place for a total of four hundred sixty-eight and four tenths (468.4) square feet located at the first (1^st) and second (2^nd) basement level. Existing caisson bells provide foundation support for the building.

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 Planning and Development and 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 #1128716 herein granted the sum of two thousand thirteen ($2,013.00) 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.

Page 1

Authority herein given and granted for a period of five (5) years from and after 10/06/2015.