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Record #: O2018-3713   
Type: Ordinance Status: Passed
Intro date: 4/18/2018 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 5/25/2018
Title: Grant(s) of privilege in public way for John Hancock Life Insurance Co./Manulife Financial
Sponsors: Reilly, Brendan
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2018-3713.pdf

ORDINANCE

John Hancock Life Insurance Company / Manulife Financial Acct. No 382025 - 2 Permit No 1132556

 

Be It Ordained by the City Council of the City of Chicago:

SECTION 1. Permission and authority are hereby given and granted to John Hancock Life Insurance Company / Manulife Financial, 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 200 S. Wacker Dr

Said Vault(s) at W. Adams Street measure(s):

One (1) at fifteen point two five (15.25) feet in length, and nine point four two (9.42) feet in width for a total of one hundred forty-three point six six (143.66) 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 #1132556 herein granted the sum of -one thousand two hundred thirteen ($1,213.00) 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) yearsfrajgggrid after 02/13/2018.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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