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HomeMy WebLinkAboutRESOLUTION - 31-79 - 5/8/1979 - MAINTENANCE BOND/DRAINAGE DITCHESRESOLUTION NO. 31-79 A RESOLUTION ACCEPTING A ONE YEAR MAINTENANCE BOND FOR DRAINAGE DITCHES IN THE ELK GROVE INDUSTRIAL PARK WHEREAS, the developer of Elk Grove Industrial Park has submitted a Maintenance Bond in the amount of $54,000.00 from the United States Fire Insurance Company, expiring on March 1, 1980, 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 ordinances appertaining. WHEREAS, the developer has installed all drainage ditches as required by the Village, and has submitted said bond to insure completion of any remaining work within the drainage system. 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 Maintenance Bond from United States Fire Insurance Company, Bond No. 610 009265-7 in the amount of $54,000.00, expiring on March 1, 1980, insuring completion of any remaining work to be done within the drainage ditches in 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 May , 1979. APPROVED this 8th day of May , 1979. Charles J. Zettek Village President ATTEST: Fay Bishop Village Clerk POWER OF ATTORNEY THE NORTH RIVER INSURANCE COM, 1Y PRINCIPAL OFFICE, TOWNSHIP OF MORRIS, N.J. KNOW ALL MEN BY THESE PRESENTS: That THE NORTH RIVER INSURANCE COMPANY ("Company") a corpora- tion duly organized and existing under the laws of the State of New Jersey, and having its Principal office in the Township of Morris, State of New Jersey, has made, constituted and appointed, and does by these presents make, constitute and appoint Joe Bruce, Janice G. Correy, H. A. Gibson, Robert D. (White, W. Lawrence Brown, Dorothy Valek of Dallas, Texas, each its true and lawful Agent(s) and Attorney(s)-in-Fact, with full power and authority hereby conferred in its name, place and stead, to execute, seal, acknowledge and deliver: Any and all bonds and undeytakings EXCEPT bonds on behalf of Independent Executors, Community Survivors, Community. Guardians ----------------------------------------------- - ;��' and to bind the Company thereby as fully and to the same extent as if such bonds had been duly executed and acknowledged by the regularly elected officers of the Company at its principal office in their own proper persons. This Power of Attorney limits the act of those named therein to the bonds and undertakings specifically named therein, and they have no authority to bind the Company except in the manner and to the extent therein stated. This Power of Attorney revokes all previous powers issued in behalf of the attorneys) -in -fact named above. IN WITNESS WHEREOF The North River Insurance Company has caused these presents to be signed and attested by its appropriate officers and its corporate seal hereunto affixed this 7th day of J u 1 y , 19-U. ER'.cs,�, Attest: , Assistant Secretary rd A. A n n e s e �gPA O'98E �4_'WRSEY) UNTY OF i iNS ) ss.: THE NORTH RIVER INSURANCE COMPANY i c=v Vic esid'env Harry F Batt �` HO:ARY Iy On taLs. 7 tMA _day of J u 1 y 19 78 , before the subscriber, a duly qualified `. Not _u04c of f( 41ate of New Jersey, came the above-mentioned Vice President and Assistant Secretary of The North RiveP' ce Cor�lrany, to me personally known to be the officers described in, and who executed the preceding instru- t, and nnth4oka owledged the execution of the same, and being by me duly sworn, deposed and said, that they are the rsJ ¢tcxaid mpany aforesaid, and that the seal affixed to the preceding instrument is the Corporate Seal of said the said Corporate Seal and their signatures as officers were duly affixed and subscribed to the said instrument by the authority and direction of the said Company. IN TESTIMONY WHERE. Pk,ljkave. hereunto set my hand and affixed my seal at the Township of Morris, the day and year first above written. NOTARY PUBLIC OF NEP! IERSEY (Signed) My Commission Expires July Z, 1981 /