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HomeMy WebLinkAboutRESOLUTION - 72-76 - 10/26/1976 - PERFORMANCE BOND/SEWER & WATERMAIN RESOLUTION NO. 72-76 A RESOLUTION ACCEPTING AND PLACING ON FILE A PERFORMANCE BOND FROM HARTFORD ACCIDENT AND INDEMNITY COMPANY (BOND NO. 4316712) IN THE AMOUNT OF $51 ,687.50 FILED WITH THE VILLAGE OF ELK GROVE VILLAGE BY R.W. MURRAY COMPANY GUARANTEEING THE CONSTRUCTION OF SANITARY SEWER AND WATER MAIN EXTENSIONS ALONG THORNDALE AVENUE 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 Performance Bond (Surety Bond) No. 4316712 in the amount of $51 ,687.50 from Hartford Accident and Indemnity Company to guarantee the construction of sanitary sewer and water main extensions along Thorndale Avenue, according to plans and specifications revised January 31 , 1976, Job No. 7144 as prepared by Sargent Engineering Company. Section 2. That this resolution shall be in full force and effect from and after its passage and approval according to law. PASSED this 26th day of October 1976. APPROVED this 26th day of October 1976. Village Pres' ent ATTEST: Village C Vk