Record #: O2021-189   
Type: Ordinance Status: Passed
Intro date: 1/27/2021 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 2/26/2021
Title: Grant(s) of privilege in public way for Bank of America
Sponsors: Smith, Michele
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2021-189.pdf
ORDINANCE BANK OF AMERICA Acct. No. 9118-159 Permit No. 1147050


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

SECTION 1. Permission and authority are hereby given and granted to BANK OF AMERICA, upon the terms and subject to the conditions of this ordinance to maintain and use one (1) sign(s) projecting over the public right-of-way attached to its premises known as 2428 N. Lincoln Ave

Said sign structure(s) measures as follows; along N. Lincoln Avenue:
One (1) at twelve point seven five (12.75) feet in length, two point one six (2.16) feet in height and nine (9) feet above grade level.

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 (Division of Project Development) and Zoning Department - Signs.
This grant of privilege in the public way shall be subject to the provisions of Section 10-28-015 and all other required provisions ofthe Municipal Code ofChicago.
The grantee shall pay to the City of Chicago as compensation for the privilege #1147050 herein granted the sum of three hundred ($300.00) 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

Michele Smith 43ra Ward
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