Record #: O2019-8323   
Type: Ordinance Status: Passed
Intro date: 10/16/2019 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 11/13/2019
Title: Grant(s) of privilege in public way for Macerich Management - vault
Sponsors: Reilly, Brendan
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2019-8323.pdf

ORDINANCE

Page 1

MACERICH MANAGEMENT Acct. No. 88194-2 Permit No. 1142387

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

SECTION 1. Permission and authority are hereby given and granted to MACERICH MANAGEMENT, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, one (1) Vault(s) under the public right-of-way adjacent to its premises known as 520 N. Michigan Ave

Said Vault(s) at E. Grand Avenue measure(s):

One (1) at ten (10) feet in length, and three point seven five (3.75) feet in width for a total of thirty-seven point five (37.5) 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 (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 #1142387 herein granted the sum of four hundred ($400.00) per annum in advancer                                                               

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 05/13/2019.

Alderman

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