ORDINANCE
THE UNIVERSITY OF CHICAGO Acct. No. 43697 -118 Permit No. 1109004
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to THE UNIVERSITY OF CHICAGO, upon the terms and subject to the conditions of this ordinance to construct, install, maintain and use two (2) Conduit(s) under the public right-of-way adjacent to its premises known as 5201 S. Cottage Grove Ave
Said Conduit(s) at S COTTAGE GROVE measure(s):
One (1) atone thousand six hundred five (1605) feet in length, and point three three (.33) feet in width for a total of five hundred twenty-nine point six five (529.65) square feet.
Said Conduit(s) at E 55TH ST measure(s):
One (1) at seven hundred ten (710) feet in length, and point three three (.33) feet in width for a total of two hundred thirty-four point three (234.3) 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 #1109004 herein granted the sum of thirteen thousand eight hundred ninety ($13,890.00) 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.
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