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HomeMy WebLinkAboutRESOLUTION - 12-77 - 2/22/1977 - LTR OF GUARANTEE/WINSTON GROVE SECT 21RESOLUTION NO. 12-77 A RESOLUTION ACCEPTING AN EXTENSION TO SAFECO PERFORMANCE BOND NO. 2437040 IN THE AMOUNT OF $1,259,300 FILED WITH THE VILLAGE OF ELK GROVE VILLAGE BY CENTEX HOMES, INC. TO GUARANTEE THE CONSTRUCTION OF PUBLIC IMPROVEMENTS IN WINSTON GROVE SECTION 21 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 an extension to Performance Bond No. 2437040 in the amount of $1,259,300.00 from Safeco Insurance Companies to guarantee the construction of public improvements, streets and sanitary and storm sewers, water mains, retention pond, public sidewalks, street lights, street name signs, and parkway trees, in Winston Grove Subdivision Section 21, said Performance Bond extended to December 31, 1977. Section 2. That this resolution shall be in full force and effect from and after its passage and approval according to law. PASSED this 22nd day of February , 1977. APPROVED this 22nd day of February , 1977. ATTEST: Eleanor G. Turner age Cie Charles J. Zettek Village President SAFECO SURETY RIDER RECEIVED E. U. V- I - � 11977 To be attached to and form a part of Bond No 'ECO INSURANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA FIRST NATIONAL INSURANCE COMPANY OF AMERICA HOME OFFICE: SAFECO PLAZA SEATTLE, WASHINGTON 98185 executed by centpx Ho as rnrporatiaa , as Principal and by Safeco Insurance Company of America as Surety, in favor of The Village of hl.k Grove Village Illinois and effective as of 6-27-74 In consideration of the mutual agreements herein contained the Principal and the Surety hereby consent to mpg to December 31, 1977 A= Nothing herein contained shall vary, alter or extend any provision or condition of this bond except as herein expressly stated. This rider is effective on the 11th day of February 19777 . Signed and sealed this 11th day of February 19 77 . Homes of IllinoIi. Inc. Principal By I , Title Safeco Insurance Company of America Accepted: , Surety By �iL!l .' rig i`vLtW Obligee N cy L. Saes Attorney -in -Fact By Title 5443 Ra 11/76 PRINTED IN U.S.A. POWI_,, JF ATTORNEY SAFEC JRANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA HOME OFFICE: SAFECO PLAZA SAFECO SEATTLE, WASHINGTON 98185 No. KNOW ALL MEN BY THESE PRESENTS: 4633 That Safeco Insurance Company of America and General Insurance Company of America, each a Washington corporation, does each hereby appoint ---------------------------------- NANCY L. SAAS -- --- 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 8th day of August 19 74 w o �nm easn, sscaernav conoon n swsnrvr. nesmsxr n rrrmrr rn�mc ACKNOWLEDGMENT BY SURETY STATE OF Illinois ) 1 ss County of Dul'aAe ) On this loth day of _ rol.ruax�y 1977 , before me personally appeared Nancy L. Sass , 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 offieiaL seal, at my office in the -aforesaid County, the day and year in this certificate first above written. i 1 Notary Public in the State of ZL (Seal) County of [� 7 5-230 R3 10172 �i CCriL'..L.IW1�'..�1J ;1916 `/ PRINTED IN U.S.A. By -Laws, the Resolution and the Power -of -Attorney are still 1n Inn iurce aim IN WITNESS WHEREOF, I have hereunto set my hand and affixed the facsimile seal of each corporation this loth day of February 19 77 SJQ��CEvok�PA��o cE COMP�y coa rF •^ SO CORPORATE W � v o9 SEALSEAL a 6 z w o rvnmmeAsn. srcnErnnv sfgr 1Vi 953 ,roe �f 1923 v,�n 5-974 R410/75 FBF WASMN �7?Of Wt$h PRINTED IN U.S.A.