ORDINANCE
50 East Randolph Investments, LLC Acct. No. 457747 - 1 Permit No. 1141890
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to 50 East Randolph Investments, LLC, upon the terms and subject to the conditions of this ordinance to construct, install, maintain and use one (1) Manhole(s) under the public right-of-way adjacent to its premises known as 60 E. Randolph St
Said Manhole(s) at N. WABASH AVENUE measure(s):
One (1) at three (3) feet in length, and three (3) feet in width for a total of nine (9) 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) and Department of Water Management.
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 ofChicago as compensation for the privilege #1141890 herein granted the sum of four hundred ($400.00) 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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Authority herein given and granted for a period of five (5) years from and after Date of Passage.
