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HomeMy WebLinkAboutRESOLUTION - 42-80 - 4/8/1980 - HAMPTON FARMS TOWNHOUSES/SECTION 24RESOLUTION NO. 42-80 A RESOLUTION ACCEPTING AND PLACING ON FILE A SUBDIVISION PERFORMANCE BOND FROM SAFECO INSURANCE COMPANIES NO.2985315 IN THE AMOUNT OF $182,238.00 GUARANTEEING THE COMPLETION OF PUBLIC IMPROVEMENTS IN THE HAMPTON FARMS TOWNHOUSE SUBDIVISION (SECTION 24) 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 of a Subdivision Performance Bond No. 2985315 in the amount of $182,238.00 to guarantee the completion of public improvements: curb and gutter, street paving, sidewalk, street lights and trees in the Hampton Farms Townhouse Subdivision, in accordance with plans and specifications prepared by Henderson and Bodwell, 120 Express Street, Plainview, New York, 11803. Section 2. That this resolution shall be in full force and effect from and after its passage and approval according to law. PASSED this 8th day of April 1980 APPROVED this 8th day of April 1980 Village fY esi nt ATTEST: Vil age Clerk n SAFECO INSURANCE COMPANIES SAFECO INSU9ANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA FIRST NATIONAL INSURANCE COMPANY OF AMERICA HOME OFFICE SAFECO PLAZA. SEATTLE, WASHINGTON 96185 BOND 2985315 SUBDIVISION BOND KNOW ALL MEN BY THESE PRESENTS, That we antex Homes Midwest, Tnc. r of 887 East I?ilmette Road. Blda. B, Palatine, IL 60067 as Principal, and SAFECO INSURANCE COMPANY OF AMERICA, A Washington corporation, having its principal office and place of business in the City o711inoiae, Washington, as Surety are held and firmly bound unto Village of Elk Grove in the sum of one hundred eighty two thousand, two hundred thirty-eirht and no/100 -------------- ($ 182.238.00 _) DOLLARS, for which payment well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and sev- erally, firmly by these presents. SEALED with our seals and dated this 18th day of March A.D. 1980 WHEREAS, the above bounden Principal has been or is about to be granted approval for a plat of subdivision know as Bampton Farms Town Homes, section 24 said approval being conditioned upon the installation of curb h utter, street lights and street trees street paving and concrete sidewalk. in said subdivision, in accordance with plans and specifications prepared by $pnderann And Rnrlwal l 190 Express Plainview, New York 11803 NOW THEREFORE THE CONDITION OF THIS OBLIGATION IS such, that if the above bounden Principal shall well and truly and in good, sufficient and workmanlike manner perform or cause to be performed the installation of said improvements, then this obligation to be void;otherwise to remain in full force and effect. CENTEX HOMES MIDWEST, INC. Principal BY :`l SAFECO /JI URANCE COMPANY OF AMERICA BY� A—L-W / Dolores Rvan ( orney-in-fact) POWER OF ATTORNEY SAFECO INSURANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA HOME OFFICE: SAFECO PLAZA SAFECO SEATTLE, WASHINGTON 98185 No. 5639 KNOW ALL BY THESE PRESENTS: That SAFECO Insurance Company of America and General Insurance Company of America, each a Washington corporation , does each hereby appoint -----------------------------------DOLORES its true and lawful attorneys) -in -fact, with full authority to execute on its behalf fidelity and surety bonds or undertakings and other documents of a similar character issued in the course of its business, and to bind the respective company thereby. IN WITNESS WHEREOF, SAFECO Insurance Company of America and General Insurance Company of America have each executed and attested these presents this 12th day of .Luly , 19 _i8_ . ACKNOWLEDGMENT BY SURETY STATE OF Illinois ss County of DuPaQe On this 18th day of March '1980 , before me personally appeared Dolores Rvan 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 o I I seal, at my office in t aforesaid County, the day and year in this certificate first above written. /v - i___� (Seal) S 23 RO 6/78 Notary Public in the State of County of / my Commission Expires y 30, PRINTED IN U. SA I, Wm. Hammersla, Vice President and Secretary of SAFECO Insurance Company of America and of General 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 these corporations, 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 each corporation day of March , 19 80 PRINTED IN U S A. SAFECO INSURANCE COMPANIES , SAFECO INSURANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA FIRST NATIONAL INSURANCE COMPANY OF AMERICA nGME OFFICE SAFECO PLAZA, SEATTLE WASHINGTON 9818E MAINTENANCE BOND (INTERIM PERIOD) Bond No. 2935317 KNO1VALLA1EVBYTHFSFPRESFNTS,That we, Centex homes Midwest, Inc. 887 East Wilmette Road Bldg. B, Palatine, Illinois 60067 as Principal, and the SAFECO INSURANCE COMPANY OF AMERICA, a corporation organized under the laws of the State of Washington, and authorized to trairsact the business of surety in the State of Illinois as Surety, are held and firmly bound unto Village of Elk drove Village, Illinois in the just and full sum of fifty seven thousand, one hundred ninety tiro -----------Dollars ($57,. 192.00----- ) 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 18th day of March '1980 T11E CONDITION OFTHIS OBLICATION LS SUCH, That, WHERF,AS, the above bounded Principal has completed storm sewers, sanitary sewers, water mains and partial completion of curb and gutter, street paving and concrete sidewalks in HAMPTON FARM TOWN HOMES SECTION 24 NOIV, T11GRF,FORE, 1f the said CENTEX H011ES MIDWEST, INC. shall maintain subdivision improve— ments described above and installed as of Engineer estimate dated March 7, 1980: work completed includes but is not limited to the above named improvements then this obligation to be void: otherwise, to remain in full force and effect anti 1 surh t -imp the formal twin year maintenance comes into effect_ CE TEX HOMES M ( ST (Seal) Principal ////,/ l //w/&L (Seal) Principal (Seal) Principal SAFECO INSURANCE �COMPANY OF AMERICA Byc�al"p"w1 Dolores Rvan Attorney -in -Fact 5-1227 R1 10/72 PRINTED IN U.S.A. SAFECO KNOW ALL BY THESE PRESENTS: POWER OF ATTORNEY SAFECO INSURANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA HOME OFFICE: SAFECO PLAZA SEATTLE, WASHINGTON 98185 No. 5639 That SAFECO Insurance Company of America and General Insurance Company of America, each a Washington corporation , does each hereby appoint -----------------------------------DOLORES RY its true and lawful attorney(s)-in-fact, with full authority to execute on its behalf fidelity and surety bonds or undertakings and other documents of a similar character issued in the course of its business, and to bind the respective company thereby. IN WITNESS WHEREOF, SAFECO Insurance Company of America and General Insurance Company of America have each executed and attested these presents this 1 7t -h day of July , 19 78 . ACKNOWLEDGMENT BY SURETY STATE OF Illinois SS County of DuPage On this 18th day of March 1980 , before me personally appeared Dolores Ryan , 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 offic sal, at mX office2,�,,,�'resaid County, the, day and year in this certificate first above written. (Seal) S-230 R4 6/78 Notary Public in the State ofd County of h1y Commissien ExP� Cs , ,]y A, 1W PRINTED IN U.S A I, Wm. Hammersla, Vice President and Secretary of SAFECO Insurance Company of America and of General 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 these corporations, 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 each corporation this 1RYh day of March 19 80 '+A • \ Zr � { t 5-974 R5 R/]] -- - PAINTED IN U 5 A