ORDINANCE
LOYOLA UNIVERSITY OF CHICAGO Acct. No. 33471 -4 Permit No. 1123534
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, two (2) Conduit(s) under the public right-of-way adjacent to its premises known as 6525 N. Sheridan Rd
Said Conduit(s) at N. Sheridan Road measure(s):
One (1) at one thousand seventeen point five (1017.5) feet in length, and one (1) foot in width for a total of one thousand seventeen point five (1017.5) square feet.
One (1) at three hundred three (303) feet in length, and one (1) foot in width for a total of three hundred three (303) 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 #1123534 herein granted the sum of seven thousand nine hundred twenty-three ($7,923.00) 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 06/10/2016
Alderman
Maria E Hadden 49th Ward
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