ORDINANCE
ALGONQUIN VENTURE REAL ESTATE, LLC Acct. No. 426448 - 1 Permit No. 1132885
Be It Ordained by the City Council of the City of Chicago'
SECTION 1. Permission and authority are hereby given and granted to ALGONQUIN VENTURE REAL ESTATE, LLC, upon the terms and subject to the conditions of this ordinance to construct, install, maintain and use two (2) Sheeting(s) under the public right-of-way adjacent to its premises known as 1135 W. Sheridan Rd,.
Said Sheeting(s) at W SHERIDAN RD measure(s):
One (1) at one hundred forty-six point four two (146.42) feet in length, and one point five (1.5) foot in width for a total of two hundred nineteen point six three (219.63) square feet.
Said Sheeting(s) at N BROADWAY measure(s):
One (1) at one hundred (100) feet in length, and two (2) feet in width for a total of two hundred (200) 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 (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 #1132885 herein granted the sum of eight hundred ($800.00) 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
Alderman
Harry Osterman 48th Ward
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