Office of the City Clerk - Record #: O2011-5852

• Record #: O2011-5852
• Type: Ordinance
• Status: Passed
• Intro date: 7/6/2011
• Current Controlling Legislative Body: Committee on Transportation and Public Way
• Final action: 7/28/2011
• Title: Grant(s) of privilege in public way for Fulcrum Dearborn LLC - vault
• Sponsors: Reilly, Brendan
• Topic: PUBLIC WAY USAGE - Grants of Privilege

Date	Journal Page Number	Action By	Action	Result
7/28/2011	5180	City Council	Passed	Pass
7/25/2011		Committee on Transportation and Public Way	Recommended to Pass	Pass
7/6/2011	3699	City Council	Referred

ORDINANCE
FULCRUM DEARBORN LLC Acct. No. 303001 - 1 Permit No. 1097020
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Permission and authority are hereby given and granted to FULCRUM DEARBORN LLC, upon the terms and subject to the conditions of this ordinance to maintain and use, as now constructed, four (4) Vault(s) under the public right-of-way adjacent to its premises known as 33 N. Dearborn St
Said Vault(s) at N. Dearborn Street (1st basement) measure(s):
One (1) at forty-two (42) feet in length, and eight point two five (8.25) feet in width for a total of three hundred forty-six point five (346.5) square feet.
Said Vault(s) at N. Dearborn Street (2nd basement) measure(s):
One (1) at thirty-three point five (33.5) feet in length, and two (2) feet in width for a total of sixty-seven (67) square feet.
Said Vault(s) at N. Dearborn Stret (3rd basement) measure(s):
One (1) at fifty-five (55) feet in length, and eight (8) feet in width for a total of four hundred forty (440) square feet. Said Vault(s) at W. Washington measure(s):
One (1) at one hundred twenty-seven (127) feet in length, and ten (10) feet in width for a total of one thousand two hundred seventy (1270) 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 #1097020 herein granted the sum of ten thousand five hundred three ($10,503.00) per annum in advance.
A 25% penalty will be added for payments received after due date.
The permit holder agrees to hold...