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Record #: O2017-4452   
Type: Ordinance Status: Passed
Intro date: 5/24/2017 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 6/28/2017
Title: Grant(s) of privilege in public way for 17 N State LLC
Sponsors: Reilly, Brendan
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2017-4452.pdf
ORDINANCE 17 N. STATE, LLC Acct. No. 289677 - 1 Permit No. 1126591

Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to 17 N. STATE, LLC, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, four (4) Vault(s) under the public right-of-way adjacent to its premises known as 17 N. State St
Said Vault(s) at N. STATE measure(s):
One (1) at ninety-two point two (92.2) feet in length, and twenty-two (22) feet in width for a total of two thousand twenty-eight point four (2028.4) square feet.
Said Vault(s) at N. WABASH-1ST LEVEL measure(s):
One (1) at forty-eight point two (48.2) feet in length, and twenty-two (22) feet in width for a total of one thousand sixty point four (1060.4) square feet.
Said Vault(s) at N. WABASH-2ND LEVEL measure(s):
One (1) at forty-eight point two (48.2) feet in length, and twenty-two (22) feet in width for a total of one thousand sixty point four (1060.4) square feet.
Said Vault(s) at N. WABASH-3RD LEVEL measure(s):
One (1) at forty-eight point two (48.2) feet in length, and twenty-two (22) feet in width for a total of one thousand sixty point four (1060.4) 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 #1126591 herein granted the sum of eleven thousand five hundred thirty-seven ($11,537.00) per annum in advance.
A 25% penalty will be added for payments received after due date.
The permi...

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