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HomeMy WebLinkAboutRESOLUTION - 55-78 - 7/11/1978 - MAINTENANCE BOND FOR SANITARY SEWER RESOLUTION NO. 55-78 A RESOLUTION ACCEPTING A MAINTENANCE BOND NO. 2775757 AND GUARANTEEING THE SANITARY SEWER INSTALLATION IN NEIGHBORHOOD SIX AS SHOWN ON ELK GROVE ENGINEERING COMPANY PLAN NO. 4300-11 DATED JANUARY 2 1968 WHEREAS, the Developer has submitted a Maintenance Bond in the amount of $5,000.00 expiring on June 20, 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 ordinance appertaining; and WHEREAS, the Developer has installed sanitary sewers 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 Maintenance Bond No. 2775757 for sanitary sewers as shown on Elk Grove Engineer- ing Company Plan Number 4300-11 , dated January 2, 1968 and otherwise described as Neighborhood Six (see Resolution No. 42-76) . Section 2: That this resolution shall be in full force and effect from and after its passage and approval according to law. PASSED this lith day of July , 1978. APPROVED this filth day of July , 1978. CHARLES J. ZETTEK Village President ATTEST: I ELEANOR G. TURNER i Village Clerk SAFECO INSURANCE COMPANIES SAFECO INSURANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA FIRST NATIONAL INSURANCE COMPANY OF AMERICA HOME OFFICE SAFECO PLAZA,SEATTLE.WASHINGTON 98185 SUBDIVISIa-1 MAINTENANCE BOND Bond No. 2775757 KNOW ALL MIN BY THESE PRESENTS, That we, Centex homes Midwest, Inc. , 415 Creek- side Drive, Palatine, Illinois as Principal, and the SAFECO IIISURANCE COMPANY OF AMERICA, a cornoration organized under the laws of the State of Washington, and authorized to transact the business of surety in the State of Illinois as Surety, are held and firmly bound unto Village of Elk Grove, Illinois in the just and full sum of Five Thousand and no/100 Dollars ($5,000.00) , for which sum, well and truly to be paid, we bind ourselves, our heirs, executors, adminis- trators, successors and assiqns, jointly and severally, firmly by these presents. Sealed with our seals, and dated this 20th day of June, 1978. THE CONDITION OF THIS OBLIGATION IS S[JCH, That, W=AS, the above bounded principal has been unable to obtain acceptance of sanitary sewage systems in sub- division known as Neighborhood 6 in the Village of Elk Grove Village, Illinois due to excessive infiltration; and, whereas said acceptance is being conditioned upon the oonpletion of the necessary corrective work on said sanitary sewer systems in said subdivision within a period of two years cormencinq on June 20, 1978. Now therefore, the condition of this obligation is such that if the above bounded principal shall well and truly and in Cpod sufficient and workmanlike manner perform or cause to be performed the corrective work on said sanitary sewer systems, then this obligation to be void; otherwise, to remain in full force and effect. CMMDC HOMES MrAmsT, 1 �J incipal SAFDC}O INSUM ICE COMPANY OF AMERICA By - Attorney-in-Fact POWER ATTORNEY SAFECOIN: ..NCECOMPANY OF AMERICA 3 (" GENERAL INSURANCE COMPANY OF AMERICA HOME OFFICE: SAFECO PLAZA SAMCD SEATTLE,WASHINGTON 98185 No. 4633 KNOW ALL MEN BY THESE PRESENTS: That Safeco Insurance Company of America and General Insurance Company of America, each a Washington corporation,does each hereby appoint -----------------------------------NANCY L. SMITH------------------------------------- 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 13th day of September 19 77 ACKNOWLEDGMENT BY SURETY STATE OF Illinois ))) } ss County of Cook ) On this 20th day of June 1978 ,before me personally appeared NdI1C1' L. Sliu ,known to me to be the Attorney-in-Fact of SAFECO INSURANCE COMPANY OF AMERICA, GENERAL INSURANCE COMPANY OF AMERICA or FIRST NATIONAL INSURANCE COMPANY OF AMERICA,the corporation that executed the within instrument,and acknowl- edged 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 written. Notary Public in the State of (Seal) County of Comms n :piration Date Sept. 21, 1981. 5-230 R3 10/72 PRINTED IN U.S.A. t,ompany of America, no nereby 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 20th day of J1IDe 1978 5-974 R5 8177 __- - PRINTED IN U.S.A.