Record #: O2014-8239   
Type: Ordinance Status: Passed
Intro date: 10/8/2014 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 11/5/2014
Title: Grant(s) of privilege in public way for Chicago Mercantile Exchange, Inc.
Sponsors: Fioretti, Bob
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2014-8239.pdf
ORDINANCE
CHICAGO MERCANTILE EXCHANGE INC. Acct. No. 218626-1 Permit No. 1115077


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

SECTION 1. Permission and authority are hereby given and granted to CHICAGO MERCANTILE EXCHANGE INC., upon the terms and subject to the conditions of this ordinance to maintain and use two (2) sign(s) projecting over the public right-of-way attached to its premises known as 20 S. Wacker Dr

Said sign structure(s) measures as follows; along S. Wacker Drive:
Two (2) at eleven point seven five (11.75) feet in length, eleven point nine six (11.96) feet in height and fifty (50) feet above grade level.

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 ofthe City Clerk.

Said privilege shall be constructed in accordance with plans and specifications approved by the Department of Transportation (Division of Project Development) and Zoning Department - Signs.
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 #1115077 herein granted the sum of six hundred ($600.00) per annum in advance.

A 25% penalty will be added for payments received after due date.
Page 1

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 2 of 5)

Department of Business Affairs and Consumer Protection
Small Business Center - Public Way Use Unit City Hall - 121 N. LaSalle Street, Room 800 • Chicago, IL 60602 (312)-74-GOBlZ (312-744-6249) • (312) 744-1944 (TTY) org/bacp







10/08/2014

Alderman Bob Fiorctti
Ward # 02 City of Chicago City Hall, Room 300 121 N...

Click here for full text