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RESOLUTION NO. 29-81 <br />A RESOLUTION ACCEPTING RENEWAL OF A ONE YEAR INTERIM MAINTENANCE BOND <br />NO 2200580 FROM NATIONAL -BEN FRANKLIN INSURANCE COMPANY OF ILLINOIS <br />IN THE AMOUNT OF $21,000.00 FOR THE COMPLETED ON-SITE SANITARY SEWER, <br />STORM SEWER AND WATERMAINS AT THE SHENANDOAH (LANCER) SUBDIVISION <br />NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Trustees of <br />the Village of Elk Grove Village, Counties of Cook and DuPage, State of Illinois: <br />Section l: That the President and Board of Trustees do hereby authorize <br />acceptance and placing on file of a renewal of an Interim Maintenance Bond <br />No. 2200580 in the amount of $21,000.00,expiring April 11, 1982, from National - <br />Ben Franklin Insurance Company of Illinois, guaranteeing the maintenance of <br />the completed on-site sanitary sewer, storm sewer and watermains at the <br />Shenandoah (Lancer) Subdivision Phase 1, for one additional year. As shown on <br />Engineering Plans No. 6859 dated June 16, 1978 and as revised, prepared by <br />Elk Grove Engineering Company. <br />Section 2: That this resolution shall be in full force and effect from <br />and after its passage and approval according to law. <br />PASSED this 28th day of April 1981. <br />APPROVED this 28th day of April 1981. <br />Charles J. Zettek <br />Village President <br />ATTEST: <br />Fay M. Bishop <br />Village Clerk <br />