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HomeMy WebLinkAboutRESOLUTION - 30-79 - 5/8/1979 - DEED OF CONVEY/MAINTEN BONDRESOLUTION NO. 30-79 A RESOLUTION ACCEPTING FOR PERMANENT MAINTENANCE AND OWNERSHIP ALL PUBLIC STREETS IN THE ELK GROVE INDUSTRIAL PARK AND ACCEPTING A DEED OF CONVEYANCE AND A TWO YEAR MAINTENANCE BOND FOR STREETS AND PUBLIC IMPROVEMENTS WHEREAS, the developer of the Elk Grove Industrial Park has submitted a Bill of Sale and a Maintenance Bond in the amount of $28,000.00 from the North River Insurance Company, expiring on May 1, 1981, 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 all public improvements 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 a Bill of Sale and Maintenance Bond No. 6100091973 for public improvements as shown on Elk Grove Engineering Company Plan No. 6174 Sheets 1 through 10, dated August 5, 1971, Plan No. 6174-3, sheets 1 through 7 dated December 14, 1971, and Plan No. 6174-4 sheets 1 through 5, dated August 9, 1972 and otherwise described as Elk Grove Industrial Park. 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 APPROVED this 8th day of ATTEST: Fay Bishop Village Clerk Ma 1979. May 1979. Charles J. Zettek Village President DEED OF CONV EYANCE AND ✓a� BILL OF SALE r. THIS INDENTURE WITNESSETH: THAT LASALLE NATIONAL BANK, a national banking association, not personally, but as Trustee under the provisions of a Trust Agreement dated March 14, 1969 and known as Trust No. 39270 (hereinafter some- times referred to as the "Trustee"), for andin consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration in hand paid, the receipt and sufficiency of which are hereby acknowledged, does hereby grant, bargain, sell, transfer, set over, assign, convey and deliver unto THE VILLAGE OF ELK GROVE VILLAGE, Cook and DuPage Counties, Illinois, a municipal corporation (hereinafter sometimes referred to as the "Village"), the following: Street paving, curbs, gutters, public sidewalks, water mains, sanitary sewer, and storm mains and drains and equipment, all of said improvements having been installed in accordance with engineering plans prepared by Elk Grove Engineering identified as Plan Number 6174, Sheets 1 through 10, dated August 5, 1971 (original date July 12, 1969), plans prepared by Elk Grove Engineering identified as Plan Number 6174-3, Sheets I through 7, dated December 14, 1971 (original date February 27, 1970), and plans prepared by Elk Grove Engineering identified as Plan Number 6174-4, Sheets 1 through 5, dated August 9, 1972, such work having been installed on streets or easements having been dedicated or granted to the Village of Elk Grove Village on one or more of the following recorded plats; 1. Elk Grove Industrial Park Unit 1, recorded on January 2, 1970, as Document No. R70-98 (Lively Boulevard), 2. Elk Grove Industrial Park Unit 2, recorded on April 19, 1971, as Document No. R71-15196 (Mark Street west of Lively Boulevard), 3. Elk Grove Industrial Park Unit 3, recorded on June 15, 1972, as Document No. R72-32543 (Mark Street east of Lively Boulevard), 4. Elk Grove Industrial Park Unit 4, recorded on August 22, 1972, as Document No. R72-50014 (Section Kirk Street), 5. Elk Grove Industrial Park Unit 5, recorded on December 12, 1972, as Document No. R72-75879 (Sections Kirk Street and Katherine Way), 6. Elk Grove Industrial Park, Unit 6, recorded on June 29, 1973, as Document No. R73-39167 (Devon Avenue), 7. Plat of Dedication of Public Street, recorded on July 20, 1973, as Document No. R73-44866 (Mark Street Extension west of Lively Boulevard), ci v LN 8. Elk Grove Industrial Park Unit 8, recorded on October 15, 1973, as Document No. R73-64926 (Mark Street Extension east of Katherine Way), 9. Elk Grove Industrial Park Unit 9, recorded on December 6, 1973, as Document No. R73-74143 (Carl Boulevard), 10. Plat of Vacation, recorded March 6, 1975, as Document No. R75-09443 (Mark Street Cul-de-sac), 11. Plat of Dedication, recorded March 6, 1975, as Document No. R75-9444 (Mark Street Cul-de-sac), 12. Plat of Dedication for Easement Purposes, recorded January 22, 1976, as Document No. R76-04728, which plans are incorporated by reference and made a part hereof, and any additions thereto and improvements thereon and easements for construction, re -construction, and maintenance as are necessary to operate and maintain the aforesaid streets, curbs, sidewalks, mains, drains and equipment. TO HAVE AND TO HOLD all of the property hereby granted, bargained, sold, transferred, set over, assigned, conveyed, and delivered unto the Village, its successors and s-qi -na — --A c --- RIDER ATTACHED TO A`TD '`--ADE A PART OF DOCti`9-= -- DAT D T S ,c�ot1•DER TRUST r0. ;0770 \ATLO:QAL O`` Personally This i::strurent is executed by LaSALLE "'n° but solely as Trustee, as aforesaid, in the exercise of the power and authority conferred upon and vested in it as such Trustee. All the teres. previsions, 5t'.?ulations, covenants and conditions to be performed to .s. pro i-sicns' EA�x are undertaken by it solely as Trustee,, as aforesaid, and not individually and all statements herein trade are -awe on in`_or-ation and belief and are to be constbe rued accorain'.ly> and no perscr.al liability shall be assero=zdherterms, fProvisions' orceable air.st LaSALLE `A.TIO`kl. �.A"K by reason o£ any stipulations, ce•aeran�s and/or statements contained in this instrument. a�or _c; 0421 ___ _, tr esiaent and to be sealed with its corporate seal, and attested by its Assistant Secretary, all on this 15th day of January ATTEST: 1979. LA SALLE NATIONAL BANK, not personally, but as Try�rstee as afot By: - Assistant Secretary ice Pres STATE OF ILLIiNOIS ) SS. CnirnVTV ng C. 0 n K 1 I Velda Paulsen , a Notary Public, in and for said DO HEREBY CERTIFY Joseph W. Lang County, in the State aforesaid, ,that , Vice President of the LA SALLE NATIONAL BANK, and H. Kegex , Assistant Secretary of said Bank, who are personally known to me to be the same persons whose names are subscribed to the foregoing instrument as such Vice President and Assistant Secretary, respectively, appeared before me this day in person and acknowledged that they signed and delivered the said instrument as their own free and voluntary act and as the free and voluntary act of said Bank, as Trustee as aforesaid, for the uses and purposes therein set forth; and the said Assistant Secretary then and there acknowledged that he, as custodian of the corporate seal of said Bank, did affix the corporate seal of said Bank to said instrument as his own free and voluntary act and as the free and voluntary act of said Bank, as Trustee as aforesaid, for the uses and purposes therein set forth. Given under my hand and notarial seal this 7 Srh day of Tan„ar3 , 1979. My Commission expires: August 21, 1980 This instrument prepared by: Allan J. Hamilton Trammell Crow Company 1011 East Touhy Avenue Des Plaines, Illinois 60018 J Velda Paulsen LaSalle National Bank 135 S. LaSalle Chgo., Ill. 60690 I I I I I ' I I I I I I I I I I I I I I I I I I rtro�, I. I sso' ma' I J � ; -- I 11 II � O N I A W I S a° W N N _ xu za.• I za' i Y vo' iEDJ r Ny^ Ny —� I� ,n sate Rwle e0 STREET MAINTENANCE BOND STATE OF ILLINOIS COUNTY OF DUPAGE KNOW ALL MEN BY THESE PRESENTS: BOND NO. 6100091973 That we, ELK GROVE VILLAGE INDUSTRIAL PARK, LTD., as Principal, and THE NORTH RIVER INSURANCE COMPANY, as Surety, are held and firmly bound unto the VILLAGE OF ELK GROVE VILLAGE, ILLTNTOIS, as Obligee, in the sum of TWENTY-EIGHT THOUSAND AND NO/100 DOLLARS ($28,000.00) lawful money of the United States, for the payment of which sum well and truly to be made, we hereby bind ourselves, our successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has constructed in the Elk Grove Industrial Park, Elk Grove Village, Illinois, street paving, curbs, gutters, public sidewalks, water mains, sanitary sewer, and storm mains and drains and equipment, all of said improvements having been installed in accordance with engineering plans prepared by Elk Grove Engineering identified as Plan Number 6174, Sheets 1 through 10, dated August 5, 1971 (original date July 12, 1969), plans prepared by Elk Grove Engineering identified as Plan Number 6174-3, Sheets 1 through 7, dated December 14, 1971 (original date February 27, 1970), and plans prepared by Elk Grove Engineering identified as Plan Number 6174-4, Sheets 1 through 5, dated August 9, 1972, such work having been installed on streets and easements having been dedicated or granted to the Village of Elk Grove Village. WHEREAS, said Obligee requires that the Principal shall furnish a bond conditioned to guarantee against all defects, workmanship and materials during a period of two years from the effective date of this bond, and, the said Principal shall maintain, repair or replace any of the said public improvements which deteriorate or fail to meet performance or operating standards during the bond term ending May 1, 1981 and further, shall pay any penalties which may be incurred as a result thereof. NOW, THEREFORE, the condition of the foregoing obligation is such that if the Principal shall indemnify the Obligee for all loss that the Obligee may sustain by reason of the Principal's failure to comply with any of the conditions of this guarantee, then this obligation shall be void; otherwise it shall remain in force. SIGNED, SEALED AND DATED THIS 26TH day of DECEMBER , 1978. ELK GROVE VILLAGE INDUSTRIAL PARK, LTD. THEN H RIV INSURANCE COMPANY By. �. Z1_/TOE BRUCE, ATTORNEY-IN-FACT ,'Alexander & Alexander 3600 Byran Tower Dallas, Texas 75201 ;The Firs One Firsts RNaQNA NationalSankCable atldrasa, NAT! CHICAGO Nat. Plaza/Chicago, Illinois Bps OSO PRIG, T Sf rr a TIO C ONAL 4rv! E Irrevocable docu Telex numb '. E - ant Letter of Cr r 2-53801 v o Bank edit �_ 7 BDate of issue. DECEh1 3 NUM INORty ALTER Applicant aFs LINCpLNWcoN VILLAGE OF Benenclary OOD, tIILtr N .AVENUE ELK. GROVE N0IS ILLINOIS U -. i o r S' $1°, Soo. 00 Amount a Dear sr(s)0 we tie, HUNDRED U. S DOL ARS�EN HOUSA FIVE . reb V e ompGH7_4e n Your^f-vor this docume orthe d *wee onMust beeo@ntetl for negotation - _ d�Y the Collo ",--� Mary letterof before: MAR on or Presented ' �E;�EFICI 1 w+ng docu on THE credit which is av y, A HERETpY S SIGNEbenrs: . _ FlRsiNAttorya ailabteb CH ZZl T0$0 ANNEXED TO W C� FORMS TAN EMENINT T ' . {BANK OF CHICAGO, CCH CA t Your draft(s):. DRAFTS MUS THE ILLAGE OF ELK GRAS PART THREE PARCELS�.I�uNols u.s,q FIRST NATI NAON EAR THE �� . N ROVE, ILtINOI HIS LETTERDESRIBEI7 WE ENGAGE L BANK OF CH CAGptjAWN UNDER ��' �. OFC CREDIT HAVE BEEN ENT OF LETTER THE THIS WITH YOU THAT OF CREDIT e EXPIRYEDIT WILL B DRAFTS = -_r GST REQUIRED U DRAWN N0, 7�0UD THE DATE, THE E DULY HONG UNDER OF NDER THIS 'CREDIrNAL LE TEROOF REDN AT IF P ONON CONFORMITY WIT ar I MUST ACCUMpgNYTED p�H R TERMS °' *° ` Y �� ` ' THE DUCUMBEFORE -r E T „¢ fl u N S t , - s n _ Dna u Yoyrs taithlu// ... < Whorked SrYn9Ne ,1 + •THIS",PAC=E FORMS AN INTEGI -First Parcel ATTACHMENT"A PART OF LETTER OF CREDIT G,T, 71I00D. The East 133.0 feet, as measured along a line parallel with the North line of the Southeast quarter of Section 22, Township 41 North, Range 11 East of the Third Principal Meridian, of that part of the West half of said Southeast quarter lying Northerly of the center line of the Public Highway known as Higgins Road and lying South of a line 971.0 feet South of and parallel with the North line of said Southeast quarter, in Elk Grove Township, Cook County, Illinois. -Second Parcel That part of the West half of Southeast quarter of Section 22, Town- ship 41 North, Range 11 East of the Third Principal Meridian lying East of the East line of the West 1011 feet, as measured on a line parallel with the North line of said Southeast quarter of that part of said West half of said Southeast quarter lying Northerly of the Center line of the Public Highway known as Higgins Road and lying South of a line drawn parallel with and 971.0 feet South of the North line of said Southeast quarter, ExcEPT the East 133.0 feet thereof, as measured along a line parallel with the North line of said Southeast quarter of Section 22, in Llk Grove Township, Cook County, Illinois. -Third Parcel The East 133.0 feet of the West 1011.0 feet, as measured along a line drawn parallel with the North line of the Southeast quarter of Section 22, Township 41 North, Range 11 East of the 3rd Prin- cipal Meridian, of that part of the West half of said Southeast quarter lying Northerly of the center line of the Public Highway known as Higgins Road and lying South of a line drawn parallel with and 971.0 feet South of the North line of said Southeast quarter, in Elk Grove Township, Cook County, Illinois.