ORDINANCE HOTEL ALLEGRO Acct. No. 314818-1 Permit No. 1139940
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to HOTEL ALLEGRO, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, two (2) Vault(s) under the public right-of-way adjacent to its premises known as 171 W. Randolph St
Said Vault(s) at W. Randolph Street measure(s):
One (1) at two hundred fifty-six (256) feet in length, and fifteen point five (15.5) feet in width for a total of three thousand nine hundred sixty-eight (3968) square feet.
Said Vault(s) at N. Wells Street measure(s):
One (1) at one hundred thirty-three point five (133.5) feet in length, and fifteen point five (15.5) feet in width for a total of two thousand sixty-nine point two five (2069.25) 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 of the Municipal Code of Chicago.
The grantee shall pay to the City of Chicago as compensation for the privilege #1139940 herein granted the sum of thirty-seven thousand three hundred sixty-seven ($37,367.00) 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 ftpm^d after 05/13/2019.
I
Alderman
Brendan Reilly 42nd Ward
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