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Record #: O2021-2674   
Type: Ordinance Status: Passed
Intro date: 6/25/2021 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 7/21/2021
Title: Grant(s) of privilege in public way for Michigan 30 LLC
Sponsors: Reilly, Brendan
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2021-2674.pdf
ORDINANCE MICHIGAN 30, LLC Acct. No.: 289688 - 1 Permit No: BACP1543580

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

SECTION 1. Permission and authority are hereby given and granted to MICHIGAN 30, LLC upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, two (2) Vault(s) under the public right-of-way adjacent to its premises known as 30 N MICHIGAN AVE.
Said Vault(s) at N. MICHIGAN measure(s):
One (1) at ninety-six point five (96.5) feet in length and one (1) feet in width for a total of ninety-six point five (96.5) square feet.

Said Vault(s) at E. WASHINGTON measure(s):
One (1) at one hundred sixty-two point eight (162.8) feet in length and one (1) feet in width for a total of one hundred sixty-two point eight (162.8) 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 #BACP1543580 herein granted the sum of twenty-four thousand seventeen (524,017.00) 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 05/24/2021.

Brendan Reilly 42nd Ward
02/01/20&6 09:31 ff/UC 13127462958


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