Record #: O2014-4426   
Type: Ordinance Status: Passed
Intro date: 5/28/2014 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 6/25/2014
Title: Grant(s) of privilege in public way for VCP Funding 111 LLC, VCP Series 1057 Grand - balconies
Sponsors: Burnett, Jr., Walter
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2014-4426.pdf
ORDINANCE
VCP FUNDING 111, LLC, VCP SERIES 1057 GRAND Acct. No. 389943 -1 Permit No. 1112725

Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to VCP FUNDING 111, LLC, VCP SERIES 1057 GRAND, upon the terms and subject to the conditions of this ordinance to construct, install, maintain and use nine (9) Balcony(s) projecting over the public right-of-way adjacent to its premises known as 1057 W. Grand Ave
Said Balcony(s) at N. Aberdeen Street measure(s):
Three (3) at eight point five (8.5) feet in length, and four (4) feet in width for a total of one hundred two (102) square feet.
Three (3) at nine point seven five (9.75) feet in length, and four (4) feet in width for a total of one hundred seventeen (117) square feet.
Three (3) at ten point three three (10.33) feet in length, and four (4) feet in width for a total of one hundred twenty-three point nine six (123.96) 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 and Department of Transportation (Division of Project Development).
This grant of privilege in the public way shall be subject to the provisions of Section 10-28-015 and all other required provisions ofthe Municipal Code of Chicago.
The grantee shall pay to the City of Chicago as compensation for the privilege #1112725 herein granted the sum of six hundred seventy-five ($675.00) 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 gr...

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