ORDINANCE
JBC FUNDS 33 NORTH LASALLE LLC Acct. No. 392262 - 1 Permit No. 1137869
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to JBC FUNDS 33 NORTH LASALLE LLC, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, one (1) Subsurface Vault(s) for storage under the public right-of-way adjacent to its premises known as 33 N. La Salle,St. Dimension of existing vault is approximately seventy-eight (78) feet in length, nine (9) feet in width fora total of seven hundred two (702) square feet and fifteen (15) feet in depth. Existing vault is under the eighteen (18) foot east/west public alley south of West Washington Street known as West Calhoun Place, in rear building located at the southeast corner of North LaSalle Street and West Washington Street.
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 #1137869 herein granted the sum of six thousand five hundred seventy-one ($6,571.00) 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)j£ans*frqm and after 12/19/2018.
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