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HomeMy WebLinkAboutRESOLUTION - 68-93 - 11/9/1993 - MAINTENANCE BOND/RELEASE RESOLUTION NO. 68-93 A RESOLUTION RELEASING A MAINTENANCE BOND IN THE AMOUNT OF $10,000.00 (ACCEPTED BY RESOLUTION NO. 55-91) FROM EMPLOYERS MUTUAL CASUALTY COMPANY, GUARANTEEING MAINTENANCE OF PUBLIC IMPROVEMENTS FOR GULLO INTERNATIONAL OFFICE AND INDUSTRIAL CENTER (STANLEY STREET SUBDIVISION-EDITAL CORPORATION) NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, State of Illinois: Section 1. That the President and Board of Trustees do hereby authorize the release a Maintenance Bond in the amount of $10,000.00 previously accepted by Resolution No. 55-91, from Employers Mutual Casualty Company, guaranteeing maintenance of public improvements for Gullo International Office and Industrial Center (Stanley Street Subdivision- Edital Corporation) , Elk Grove Village, Illinois. Section 2. That this Resolution shall be in full force and effect from and after its passage and approval according to law. PASSED this 9th day of November , 1993. APPROVED this 9th day of November , 1993. Dennis J. Gallitano Village President ATTEST: Patricia S. Smith Village Clerk