HomeMy WebLinkAboutRESOLUTION - 55-82 - 10/12/1982 - MAINTENANCE BOND/INTERIM RESOLUTION NO. 55-82
A RESOLUTION ACCEPTING AN INTERIM MAINTENANCE BOND FROM SAFECO
INSURANCE COMPANY, NO. 4387000 IN THE AMOUNT OF $79,000.00 FILED
WITH THE VILLAGE BY CENTEX HOMES MIDWEST, INC. GUARANTEEING THE
MAINTENANCE OF EXISTING IMPROVEMENTS ALONG OTHER STREETS IN
SECTION 23A EXCEPT FRANKLIN LANE AND UNION CIRCLE (WINSTON GROVE)
WHEREAS, the Developer has submitted an interim Maintenance Bond in the
amount of $79,000.00 expiring on April 6, 1983 (this bond shall be renewed
annually until released) to the Village of Elk Grove Village as required by
the Subdivision Control Ordinance and has fully complied with all provisions
of any and all ordinance appertaining; and
WHEREAS, the Developer has installed water main, sanitary and storm
sewers, roadway, curb and gutters, sidewalks, parkway trees, and street
lights as required by the Village, has made full payment of fees, and has
submitted required As-Built Engineering Plans;
NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees
of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois:
SECTION 1 : That the Village of Elk Grove Village does hereby accept
an interim Maintenance Bond No. 4387000 for public improvements along streets
in Section 23A (except Franklin Lane and Union Circle) as shown on plans
prepared by Henderson and Bodwell , Consulting Engineers and identified as
Plan Number 48-001 to 48-026 dated December 16, 1977, otherwise described
as the improvements lying in Winston Grove Section 23A.
SECTION 2: That this Resolution shall be in full force and effect
from and after its passage and approval according to law.
PASSED this 12th day of October 1982.
APPROVED this 12th day of October 1982.
Charles J. Zettek
Village President
ATTEST:
_ Patricia S. Smith
Village Clerk