ORDINANCE PARAMOUNT EVENTS Acct. No. 369927 - 6 Permit No. 1132896
Se It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to PARAMOUNT EVENTS, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, six (6) Bicycle Rack(s) on the public right-of-way adjacent to its premises known as 1750 W. Lake St
Said Bicycle Rack(s) at W. Lake Street measure(s):
Six (6) at one point two five (1.25) foot in length, and one point two five (1.25) foot in width for a total of nine point three eight (9.38) 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 #1132896 herein granted the sum of zero ($.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.
Walter Burnett Jr. 27th Ward
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Authority herein given and granted for a period of five (5) years from and after Date of Passage