ORDINANCE
JBC FUNDS 33 NORTH LASALLE LLC Acct. No. 392262 -1 Permit No. 1125745
Be It Ordained by the City Council ofthe 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) Tunnel(s) under the public right-of-way adjacent to its premises known as 33 N. La Salle St
Said Tunnel(s) at Under W. Calhoun Place measure(s):
One (1) at twenty-two (22) feet in length, and fourteen (14) feet in width for a total of three hundred eight (308) 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 Planning and 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 #1125745 herein granted the sum of two thousand seven hundred fifty-five ($2,755.00) 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 02/09/2017.
