ORDINANCE
550 W. Jackson Owner LLC Acct. No. 427464 - 1 Permit No. 1143582
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to 550 W. Jackson Owner LLC, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, two (2) Facade(s) projecting over the public right-of-way adjacent to its premises known as 550 W. Jackson Blvd
Said Facade(s) at S. Clinton Street measure(s):
One (1) at fifty-six (56) feet in length, and eight (8) feet in width for a total of four hundred forty-eight (448) square feet. Existing facade is an open air ornamental grid trellis approximately two hundred forty-eight (248) feet in height.
Said Facade(s) at W. Quincy Street measure(s):
One (1) at two hundred sixty-four (264) feet in length, and nine (9) feet in width for a total of two thousand three hundred seventy-six (2376) square feet. Existing facade curtain wall projection serve as the exterior facade for the 2nd through 12th floors. Existing curtain wall must exist within the public way because the original building was built to the property lot line.
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 ofChicago as compensation forthe privilege #1143582 herein granted the sum of nine thousand three hundred fifty-three ($9,353.00) 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.