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Record #: O2012-7672   
Type: Ordinance Status: Passed
Intro date: 10/31/2012 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 12/12/2012
Title: Grant(s) of privilege in public way for Federal Savings Bank, The
Sponsors: Burnett, Jr., Walter
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2012-7672.pdf
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ORDINANCE
THE FEDERAL SAVINGS BANK Acct. No. 374837 -1 Permit No. 1102555


Be It Ordained by the City Council of the City of Chicago:

SECTION 1. Permission and authority are hereby given and granted to THE FEDERAL SAVINGS BANK, upon the terms and subject to the conditions of this ordinance to maintain and use two (2) sign(s) projecting over the public right-of-way attached to its premises known as 300 N. Elizabeth
St

Said sign structure(s) measures as follows; along N. Elizabeth Street:
One (1) at forty-six point seven five (46.75) feet in length, three point six seven (3.67) feet in height and seventy-five (75) feet above grade level.
One (1) at forty-two point one seven (42.17) feet in length, four point four two (4.42) feet in height and seventy-five (75) feet above grade level.

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 Zoning Department - Signs.
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 #1102555 herein granted the sum of six hundred ($600.00) 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 from and after Date of Passage.



Walter Burnett Jr. 27xn Ward
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