An ordinance authorizing PR II/SH Peabody Union Apartments Owner, LLC to construct and install an underground encroachment at 30 Peabody Street. The encroachment consists of a closure slab for an underground parking garage within the public right-of-way. The applicant, PR II/SH Peabody Union Apartments Owner, LLC, is responsible for all costs related to the construction, installation, operation, and maintenance of the encroachment and must indemnify the Metropolitan Government from any claims. A public liability insurance certificate of at least $4,000,000 is required, naming the Metropolitan Government as an insured party. The authority granted will not be effective until this certificate is filed. The construction must be carefully guarded, protected, and completed promptly to minimize public inconvenience. The Metropolitan Government reserves the right to repeal the ordinance if public welfare demands it, requiring the removal of the encroachment at the owner's expense. The ordinance has been approved by the Planning Commission.