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Record #: O2021-4847   
Type: Ordinance Status: Passed
Intro date: 10/25/2021 Current Controlling Legislative Body: Committee on Transportation and Public Way
Final action: 11/17/2021
Title: Issuance of new grant of privilege in public way for NPG Chi2 Ogden LLC for use and occupancy of public parking lot on North Columbus Dr, between E North Water St and E Illinois St, located beneath elevated N Columbus Dr bridge structure
Sponsors: Reilly, Brendan
Topic: PUBLIC WAY USAGE - Grants of Privilege
Attachments: 1. O2021-4847.pdf
ORDINANCE NPG CHI2 OGDEN LLC Acct. No: 480573 - 1 Permit No: BACP1603110

ORDINANCE FOR GRANT OF PRIVILEGE IN PUBLIC RIGHT OF WAY

WHEREAS, the City of Chicago ("City") is a home rule unit of municipal government pursuant to Article VII, Section 6 (a) ofthe Illinois Constitution of 1970 and, as such, may exercise any power and perform any function related to its government and affairs; and
WHEREAS, the City Council of the City of Chicago ("City Council") passed an ordinance on May 22, 1991 ("1991 Ordinance"), for a grant of privilege ("Grant of Privilege") in the public way located on North Columbus Drive between East North Water Street and East Illinois Street, located beneath the elevated Columbus Drive bridge structure ("Grant of Privilege Area") for use and occupancy for public parking purposes to Ogden Plaza Garage Company, L.L.C., an Illinois limited liability company ("OPGC"), such 1991 Ordinance appearing on page 1115 of the Journal of Proceedings ofthe City Council ("Journal"); and

WHEREAS, the City Council passed a second ordinance on February 5, 2003, as appearing in the Journal of such date at pages 103940 - 103947 (the "2003 Renewal Ordinance") renewing OPGC's use and occupancy of the Grant of Privilege Area for a term of ten (10) years ending on February 29, 2013 (the "Expiration Date"); and

WHEREAS, since the Expiration Date, OPGC has continued to use and occupy the Grant of Privilege Area and pay for such use and occupancy pursuant to the terms ofthe 2003 Renewal Ordinance; and

WHEREAS, OPGC is under contract to sell the adjacent real property to which the Grant of Privilege applies to NPG CHI2 Ogden LLC, a Delaware limited liability company ("NPG"); and

WHEREAS, NPG desires to be issued a new Grant of Privilege forthe use and occupancy of the Grant of Privilege Area for a term of ten (10) years; and

WHEREAS, the granting of permission and authority to NPG for the continued use and occupancy of the Grant of Privilege Area is a matter relating to...

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