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HomeMy WebLinkAboutRESOLUTION - 82-83 - 12/13/1983 - PERFORMANCE BOND/HAMPTON FARMS RESOLUTION NO. 82-83 -A RESOLUTION ACCEPTING AND PLACING ON FILE A SUBDIVISION PERFORMANCE BOND FROM SAFECO INSURANCE COMPANIES, NO. 4686100 IN THE AMOUNT OF $812,000.00 GUARANTEEING THE COMPLETION OF PUBLIC IMPROVEMENTS IN THE HAMPTON FARMS TOWNHOUSE SUBDIVISION (SECTION 25) 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 acceptance and placing on file a Subdivision Performance Bond No. 4686100 in the amount of $812,000.00 to guarantee the completion of public improvements: watermain, sanitary sewer, storm sewer, curb and gutter, street paving, sidewalk, street lights and trees in the Hampton Farm Town- house Subdivision, in accordance with plans and specifications prepared by Henderson and Bodwell 120 Express Street, Plainview, New York 11803. Section 2. That this resolution shall be in full Force and effect from and after its passage and approval according to law. PASSED this 13th day of December , 1983. APPROVED this 13th day of December . 1963• Charles J. 2wttak Village President ATTEST: Patricia S. Smith Village Clerk