ORDINANCE
MILLENNIUM PARK PLAZA, LLC Acct. No. 295805 - 1 Permit No 1147466
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to MILLENNIUM PARK PLAZA, LLC, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, one (1) Sidewalk Vault(s) under the public right-of-way adjacent to its premises known as 151-155 N. Michigan Ave
Said Sidewalk Vault(s) at N MICHIGAN AVENUE measure(s):
One (1) at two hundred fifty-seven point three (257.3) feet in length, and nineteen pointfive (19.5) feet in width fora total of five thousand seventeen point three five (5017.35) 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 ofthe Municipal Code of Chicago.
The grantee shall pay to the City of Chicago as compensation for the privilege #1147466 herein granted the sum of twenty-six thousand four hundred eleven ($26,411.00) 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 12/14/2020.
Alderman
Brendan Reilly 42nd Ward
Department ofBusiness Affairs and Consumer Froleetion
Cil
Small Business Center - Public Way Use Unit ity Hall - 121 N. LaSalle Street, Room 800 ¦ Chicago, II. 60602 312-7'l-COIJIZ / ...
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