Office of the City Clerk - Record #: O2020-4405

• Record #: O2020-4405
• Type: Ordinance
• Status: Passed
• Intro date: 9/9/2020
• Current Controlling Legislative Body: Committee on Transportation and Public Way
• Final action: 10/7/2020
• Title: Grant(s) of privilege in public way for BCSP 231 Property LLC
• Sponsors: Reilly, Brendan
• Topic: PUBLIC WAY USAGE - Grants of Privilege

Date	Journal Page Number	Action By	Action	Result
10/7/2020	21576	City Council	Passed	Pass
10/1/2020		Committee on Transportation and Public Way	Recommended to Pass
9/9/2020	21023	City Council	Referred

ORDINANCE BCSP 231 Property LLC Acct. No. 423650 - 1 Permit No. 1146360

Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to BCSP 231 Property LLC, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, three (3) Vault(s) under the public right-of-way adjacent to its premises known as 231 S. La Salle St
Said Vault(s) at S. LaSalle Street measure(s):
One (1) at one hundred ninety-one (191) feet in length, and fifteen (15) feet in width for a total of two thousand eight hundred sixty-five (2865) square feet.
Said Vault(s) at S. Clark Street measure(s):
One (1) atone hundred ninety-one (191) feet in length, and fifteen (15) feet in width for a total of two thousand eight hundred sixty-five (2865) square feet.
Said Vault(s) at W. Jackson Boulevard measure(s):
One (1) at three hundred twenty-three (323) feet in length, and nine (9) feet in width for a total of two thousand nine hundred seven (2907) 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 #1146360 herein granted the sum of eighty-six thousand eight hundred fifty-six ($86,856.00) 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 p...