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Record #: O2015-518   
Type: Ordinance Status: Passed
Intro date: 1/21/2015 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 3/18/2015
Title: Grant(s) of privilege in public way for Tishman Speyer
Sponsors: Fioretti, Bob
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2015-518.pdf
ORDINANCE TISHMAN SPEYER Acct. No. 324692 -1 Permit No. 1116327

Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to TISHMAN SPEYER, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, thirty-nine (39) Bollard(s) on the public right-of-way adjacent to its premises known as 10-30 S. Wacker Dr
Said Bollard(s) at W. Monroe Street measure(s):
Twenty (20) at one point three three (1.33) foot in length, and one point three three (1.33) foot in width for a total of thirty-five point three eight (35.38) square feet.
Said Bollard(s) at W. Madison Street measure(s):
Nineteen (19) at one point three three (1.33) foot in length, and one point three three (1.33) foot in width for a total of thirty-three point six one (33.61) 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 (Division of Project Development).
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 #1116327 herein granted the sum of two thousand nine hundred twenty-five ($2,925.00) per annum in advance.
A 25% penalty will be added for payments received after due date.
Authority herein given and granted for a period of five\(5) years from ancLafter 11/19/2┬ęT3~

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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