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Home My WebLink AboutRESOLUTION - 5-80 - 1/8/1980 - PERFORMANCE BOND/SIDEWALKS/NERGE RD RESOLUTION N0, 5-80 A RESOLUTION ACCEPTING A PERFORMANCE BOND FROM SAFECO INSURANCE COMPANY IN THE AMOUNT OF $7,000.00 GUARANTEEING THE INSTALLATION OF SIDEWALKS ALONG THE SOUTH SIDE OF NERGE ROAD FROM WISCONSIN LANE TO THE 7-ELEVEN PARCEL IN WINSTON GROVE SECTION 22 SOUTH 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 President and Board of Trustees do hereby authorize the acceptance of a Performance Bond from Safeco Insurance Company in the amount of $7,000.00 guaranteeing the installation of sidewalks along the south side of Nerge Road from Wisconsin Lane east to the 7-Eleven Parcel in Winston Grove Section 22 South. Section 2. That the sidewalk requirement of the Subdivision Control Ordinance is hereby delayed until such time as the Nerge Roard Improvement is completed by the Cook County Highway Department. Section 3. That the Performance Bond from Safeco Insurance Company is renewable each year until said Improvement is completed. Section 4. That this resolution shall be in full force and effect from and after its passage and approval according to law. PASSED this 8th day of January , 1980. APPROVED this 8th day of January , 1980• A /Vi l ]age Pre Iden ATTEST: ViHage age Clerk POW OF ATTORNEY SAFE INSURANCE COMPANY OF AMERICA HOME OFFICE: SAFECO PLAZA `j SEATTLE, WASHINGTON 98185 ' SAFECO No. 5173 KNOW ALL BY THESE PRESENTS: That SAFECO Insurance Company of America, a Washington corporation, does hereby appoint ----------------------------JOAN C. WIGGIN, Chicago, Illinois--9b--60611-------------------- 150 E. Huron Street its true and lawful attorney(s)-in-fact, with full authority to execute on behalf of the company fidelity and surety bonds or undertakings and other documents of a similar character issued by the company in the course of its business, and to bind SAFECO Insurance Company of America thereby as fully as if such instruments had been duly executed by its regularly elected officers at its home office. IN WITNESS WHEREOF, SAFECO Insurance Company of America has executed and attested these presents this 24th Hay of September 19 76 ACKNOWLEDGMENT BY SURETY Illinois STATE OF Cook I ss County of r On this 6th day of December 1979 before me personally appeared Joan C. Wiggin known to me to be the Attorney-in-Fact of SAFECO INSURANCE COMPANY OF AMERICA, GENERAL INSURANCE COMPANY OF AMERICA, FIRST NATIONAL INSURANCE COMPANY OF AMERICA or SAFECO NATIONAL INSURANCE COMPANY, the corporation that executed the within instrument, and acknowledged to me that such corporation executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, at my office in the aforesaid County, ,the day and year in this certificate first above writte Notary Public(,n the S to of Illinois (Seal) County of S-230 R4 6/76 PRINTED IN U.S.A. I, vv.v. nammersla, secretary of sAFtL:U Insurance Company of America,do hereby certify that the foregoing extracts of the By-Laws and of a Resolution of the Board of Directors of this corporation,and of a Power of Attorney issued pursuant thereto, are true and correct,and that both the By-Laws,the Resolution and the Power of Attorney are still in full force and effect. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the facsimile seal of said corporation this 6th day of December 19 79 S-1300 RI 7/77 ��- -.- PRINTED IN USA, KTntex Homes MIDWEST INC. •=r a terra.caconivi wea m ma rvn.wa smca E.nwoe December 7, 1979 v Village of Elk Grove Village yr 901 Wellington Avenue Elk Grove Village, Illinois 60007 d ® x Attention: Mr. Charles Willis Village Manager I ' RE: Winston Grove Section 22 South Dear Mr. Willis: Enclosed is our Performance Bond No. 2966903 in the amount t of $7,000.00 to guarantee the installation of concrete l� sidewalk along the South side of Nerge Road along the rear v of Lots 17 - 24, Block 16. We trust this meets with Village approval. Very truly yours, CENTEX HOMES MIDWEST, INC. Joseph Luciani Director of Land Development JL:Jp Enclosure cc: Mr. T. Cech Mr. R. Coyle, w/a Mr. W. Gillilan Mr. A. Hannigan, w/a Mr. T. Mueller, w/a Mr. R. Smerge, w/a 415 South Creeks ide Drive,Palatine,Illinois 60067/(312)359-2700 SAFECO INSURANCE COMPANIES SAFECO INSURANCE COMPANY OF AMERICA! l GENERAINSURANCE COMPANY OF AMERICA FIRST NATIONAL INSURANCE COMPANY OF AMERICA HWAE OFFICE SAFECO PLAZA.SEATTLE.WASHINGTON 38185 Bond No. 2966903 KNOW ALL MEN BY THESE PRESENTS , That we , Centex Homes Midwest, Inc. 415 S. Creekside Drive Palatine, Illinois as Principal , and - the SAFECO INSURANCE COMPANY OF AMF+ TCA, a corporation organized under the laws of the State of Washington ,_ and authorized to transact the business in the State of Washington as Surety, are held and firmly bound unto Village of Elk Grove, Illinois in the just and full sum of ***SEVEN THOUSAND AND N0/100.s********************************* Dollars ($ 7,000.00**********) , for which sum, well and truly to be paid, we bind ourselves , our heirs , executors , administrators , successors and assigns , jointly and severally, firmly by these presents. Sealed with our seals, and dated this 6th day of December 19 79 THE CONDITION OF THIS OBLIGATION IS SUCH THAT, WHEREAS, the principal is to guarantee the installation of a Five (5) Foot wide concrete sidewalk to be located on the south side of Nerge Road in Cook County, ROW opposite the rear lot ,line .of. block. 16,. Lots 1,7.-24 Winston ,Grove .Section. 22 .South . .. this NOW, THEREFORE, %�fxxkkxx�waaxk bond is to remain in effect until such time as the widening & reconstruction of Nerge Rd. has been completed by contract let by the Cook. County Highway Department This bond to be renewable on anniversary date. then this obligation to be void; otherwise , to remain in full force and effect. Mirlwest. Tnr rinci; BY: I Principal ncipal INS ANCE �OMPANY OF AMERICA n iggin At-to- n n�'act