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HomeMy WebLinkAboutRESOLUTION - 35-80 - 3/25/1980 - WINSTON GROVE SECTION 23BRESOLUTION NO. 35-80 A RESOLUTION ACCEPTING AND PLACING ON FILE A RIDER TO PERFORMANCE BOND NO. 2881701 FROM SAFECO INSURANCE COMPANIES, WHICH ESTABLISHES AN EXPIRATION DATE OF OCTOBER 9, 1981 (Winston Grove Section 23B) 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 acceptance of and placing on file a rider to a Subdivision Bond No. 2881701 in the amount of $1,414,128.00 filed with the Village by Centex Homes Midwest, Inc. guaranteeing the construction of public Improvements in Winston Grove Section 23B, which rider changes the expiration date of said bond from September 19, 1980 to October 9, 1981. (Originally accepted by Resolution No. 84-79). Section 2. That this resolution shall be in full force and effect from and after its passage and approval according to law. PASSED this 25th day of APPROVED this 25th day of ATTEST: Fay M. Bishop _ Village Clerk MARCH 1980. MARCH 1980 Charles J. Zettek Village President