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Record #: O2017-1167   
Type: Ordinance Status: Passed
Intro date: 2/22/2017 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 3/29/2017
Title: Grant(s) of privilege in public way for 401 S State Street Owner LLC
Sponsors: King, Sophia D.
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2017-1167.pdf
401 S. STATE STREET OWNER, LLC Acct. No. 407338 - 2 Permit No. 1126036

Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to 401 S. STATE STREET OWNER, LLC, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, one (1) Vault(s) under the public right-of-way adjacent to its premises known as 418 S. Wabash Ave
Said Vault(s) at S. WABASH AVENUE measure(s):
One (1) at fifty (50) feet in length, and fourteen point six (14.6) feet in width for a total of seven hundred thirty (730) 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 #1126036 herein granted the sum of one thousand two hundred five ($1,205.00) per annum in advance.
A 25% penalty will be added for payments received after due date.
Page 1
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.

(Page 2 of 3)

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