Be It Ordained by the City Council of the City of Chicago
SECTION 1 Permission and authority are hereby given and granted to LOYOLA UNIVERSITY OF CHICAGO, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, one (1) Conduit(s) under the public right-of-way adjacent to its premises known as 25 E. Pearson St
Said Conduit(s) at E. Pearson measure(s):
One (1) at three hundred fifty (350) feet in length, and one point three three (1.33) foot in width for a total of four hundred sixty-five point five (465 5) 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 (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 for the privilege #1131709 herein granted the sum of two thousand one hundred ($2,100.00) 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) yearst^cBsaad after 12/04/2017.
Alderman
Brendan Reilly 42nd Ward
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