ORDINANCE K2 CHICAGO,LLC Acct. No. 398056 - 1 Permit No. 1146573
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to K2 CHICAGO,LLC, upon the terms and subject to the conditions ofthis ordinance to maintain and use, as now constructed, one (1) Pedestrian Bridge{s) projecting over the public right-of-way adjacent to its premises known as 365 N. Halsted St
Said Pedestrian Bridge(s) at N. Halsted Street measure(s):
One (1) at eighty point five seven (80.57) feet in length, and fourteen (14) feet in width for a total of one thousand one hundred twenty-seven point nine eight (1127.98) 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 Planning and Development, Department of Transportation (Division of Project 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 forthe privilege #1146573 herein granted the sum of four hundred ninety-eight ($498.00) 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 07/29/2020.
Alderman
Brendan Reilly 42nd Ward
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