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HomeMy WebLinkAboutRESOLUTION - 6-71 - 2/2/1971 - LTR OF CREDIT MAINT BOND/LOUIS & JARVIS RESOLUT10N NO. 6-71 A RESOLUTION ACCEPTING CERTAIN ST11,'-EFT5 AS SHM-,N ON ENGINEEIRING INX-M,!�ER 41,,004., DIAMMI, February 25, 1969 FOR Louis Ave. and Jarvis Ave. (Livelv t�-Route. 83-5 WFEEREAS, the Developer and Subdivider has deposited a street maintenance bond in the amount of $_ 24,000 expiring on October 22, 1972, deposited appropriate bills of sale for public improvements, deposited public improvement bonds and other funds as required by the Subdivision Control Ordinance, except for sidewalks and street lights which will be installed at the developer's expense as the abutting properties are developed, has fully complied with all provisions of any and all ordinances appertaining, NOW, THEREFORE, BE IT ORDAINED 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 certain street and public improvements as shown on Engineering Drawing Number 4400-4, dated Feb. 25, 1969 located as generally described as follows: LOUIS AVENUE from Lively Boulevard to Route 83 and JARVIS AVENUE from Lively Boulevard to Route 83. Section 2: This resolution shall be in full force and effect from and after its passage and approval according to law. PASSED this 2nd day of February .1 19-1 L APPROVED this 2nd day of February 3 197 L Jack D. Pahl President ATTEST: Margrethe E. Schwellenbach Village Clerk THE -7!,-A C,,7, ANY Halt f()rdi. contle('.f icut LQU NO. S S 107G91 ro, %Fin!i 1Q, KNCU ALL MEN BY THESE PRIMTS, That wo CKETEX of 1413asi Texas, (haroinafrer called the Principal), as Principal n& THE !7PA CASUL17Y AID SUTTI GGNYKNYJ a coilmration organizel and eyistinz undrr the laws of the 21ate of donnonticut, with its Principal office in the City of FaKford, GonnorhicA (hureinuff9v called the Surel), as Sur-ty, are held and firmly bound uEho the VIIJAGE OF 1EI-K Ghr)Vii, VILLV�E, Illivcis, (hereinafbar called thi Cbligp".. in the just and fill sum of an), to the payment of which TT,-T_".T� FOUR THT)J20D AQ 10/10 W&C OULIA113 sum, well nnd truly to be midej the spid ITIncipal and Surety bind them- selvCX, anJ their respective heirs, administrators, executors, successors and nssigns, joinEly and sevarally, firmly by these presenEs. WHERNASS thi Principal has entered into a corknin written contract with the Obligee, for construction of all Public improvements frum: Inul, Aven= Train Livok Enulavord on the Want, 00 to State Routc PQ alro inrvis Aywave f2m,'t MGT Boulciard on th: Vast, Mst to Statc Routs 83, WHEREASS said Contract requires snid Principal to indemnify the Obli2ne against defective materials and, faulty workminsUp that may be found ir said work for, two (2) years from the dnte of "his bond. NOW, THEKFUEE, the condition of this obligation is such, that if the said Principal shall fully indemnify the Obligue for any loss it m17 suffer thivuSh the failure of the Frincipal faithfully to chserve and perform cach and every obligation and duty imFosed upon the Princilnl by the said hainlonpnce giorantea, then this obligation to be void; oLharwlsa to remain in full force and KrLuo in law. it shall be a condition precedent to any right of rnccvery hereunder that in event, of any &,f,';.ulk on thn yarL of the Principal, a written statcment of particular facts shnwinn the date and nature of such default shall be immediately delivered to the Surety by registered mail at its Home Office in the City of Hartford, GonnecticuK AND PROVIDEDJURTHEE, that no action, suit or preceeding shall be had or main- tained againsh the Surety on this in,,,tru-ment unless the sane bs brought or ingtituted and process serv9d upcn Thp Surety within three (3) nonths after the expirqtion of such maintenance puriod. IN WITNESS 10KHEOF, said Principal and SurKy have signed and scaled this instrument this 2T'J day of 000-1 ........ A.D., CT117EX lf�TTTY 'N\ C A 5 0.0�I TY- km D 4 j B'i 11TCH�:-..T H 17�;AD ATTOLNEY-10FACT and RESIDENT AGEU'.,� r THE A-M CASUALTY ANID SURETY COMPA".Y Hartford, Connecticut 06115 L I C;A 4)J N IT Y POVVER OF ATTOTU4EY AND CERTIFICATE OF AU11-10-R11Y OF Al'I'01MEY(S)-M-FACT KNOW ALL MEN BY THESE PRESFNTS, Tm-,T THE ZETN.A.. CASUALTY ANID SURETY CO'-NIPANY, a colporation duly organized under the laws of the State of Connecticut, and having its principal office in the City of Ilartford, County of Hartford, State of Connecticut, hath made, constituted and appointed,and does by these presents raake, constitute and appoint Ilichael R. Mead or M. 1,oran of Chicagol Illinois Jts true and lawful Attorneys-in-Fact, with full power and authority hereby con- ferrcd to sign, execute and acknowledge, at any place within the United States, or, if the following line be filled in, within the area there desic-nated the following instrument (s) by his sole signature and act, any and all bonds, recognizances, ca-itracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking, and any and all consents incident thereto not exceeding the sum of FIVE HUNDRFD TEW301D ($5000000.00) DOTLARS and to bind THE RTNA CASUALTY AND SURETY COMPA'NY, thereby as fully and to the same extent as if the same were signed by the duly authorized officers of THE ff-,TNA CASUALTY AND SURETY COMPANY, and all the acts of said Attorneys-in-Fact, pursuant to the authority herein given, are hereby ratified and confirmed. This appointment is made under and .b authority of the following provisions of the By-Laws of the Company which provisions are now in full y I force and effect and are the only applicable provisions of said By-Dws: ARTICLE W—S,�ction 8. The President,any Vice President,or any Secretary may from time to time appoint Resident Vice Presidents, Resident Assistant Secre- taries,Attorneys-in-Fact,and Agents to act for and on behalf of the Company and may give any such appointee such authority as his certificate of authority may pre- scriLe to si3n with the Company's name and seal with the Company's seal boads, recognizances, contracts of indemnity, and other writings oblig�-tciry in the nature of a bor7d, recognizance, or cov.ditional undertaking, and any of said officers or the Board of Directors may at any time remove any such appointee and revoke the power -and authority given him. ARTICLE IV—Seccion 10. Any bond, reco3nizance, contract of indemn�ty, or writing obligatory in the nature of a bond, reco,nizance, or conditional un- dertaking sliall be valid and. binding upon the Company when (a) signed by the President or a Vice President or by a Resident Vice President, pursuant to the pc-w.er pr!:scrib-,d in the certificate of authority of such Resident Vice President, and duly attested and sealed with t:he Company's seal by a Secretary or Assistant Secretary or by a Resident Assistant Secretary, pursuant to the power pr�scrib,-d in the certificate of authority of such Residznt Assistant Secretary; or (b) duly executed (under seal, if required) by one or more Attorneys-in-Fact pursuant to the power prescribed in 1,is or their certificate or certificates of authority. This Power of Attorney and Certificate of Authority is signed and sealed by facsimile under and by authority of the fotlowing Resolution voted by the Board of Directors of 1HEASTNA CASUALTY AND SURETY' COIMPANY at a meeting duly called and held on the 22nd day of November, 1968. VOTED: Tbat the signature of William 0. Bailey, Senior Vice President,or of Andrew H. Anderson, Vice President, :)r of D. N. Gage, Assistant Vice Pres- ident, or of Neil 14. Pfanstiel, Secretary, or of Benjamin 1. Radding, Secretary, or of Curtis K. Shaw, Secretary, and tlie seal of the Company may be affixed by facsimile to any power of attorney or to any certificate relating thereto appointipg Resident Vice Presidents, Resident Assistant Secretaries or Attorneys-in- Fact for purposes only of executing and attesting bonds and undertakings and other writings obligatory in the nature thereof, and any such power of attorney or certificate b�-aring such facsimile signature or facsimile seal shall be valid and binding upon the Company and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding ul?on the Company in the future with respect to any bond or undertaking to which it is arv-.ched. IN WITNESS WHEREOF, THE iETNA CASUALTY AND SURETY COMPANY has caused this instmment to be signed by its Secretary and its corporate seal to be hereto affixed this 12th day of October 1 1970 THE ETNA CASUALTY AND SURETY COMPANY State of Connecticut Iss. Hartford By County of Hartford f Secretary On this 12th day of October 1970 , before me personally came CURTIS K. SHAW to me known, who, being by me duly sworn, did depose and say: that he is Secretary of THE JETNA CASUALTY AND SURETY COMPANY, the corForation described in and which executed the above instrument; that he knows the seal of said corporation; that the seal affixed to the said instrument is Such corporate seal; and that he executed the said instrument on behalf of the corporation by authority of his office under the By-Laws thereof. K T Notary Public My commission if arch 31, 19 7 CERTIFICATE 1, the undersigned, Secretary of THE ATNA CASUALTY AND SURETY COMPANY, a stock corporation of the State of Connecticut, DO HEREBY CERTIFY that the foregoing and attached Power of Attorney aid Certificate of Au- thority remains in full force and has not been revoked; and furthertnore, that Article TV—Sections 8 and 10, of the By-Laws of the Company, and the Resolution of the Board of Directors, as set forth in the Certificate of Authority, are now in force. Signed and Sealed at the Home Office of the Company, in the City of Hartford, State of Connecticut. Dated this 22nd day of Octobcr 119 70 CORN Fecretar,-%r CAT. 197259 (S-1922-B) (M) 1.69 PRINTED 1 N U.S�A. L) LOLL' �L Ly To 'F`11r.�-- DEED OF CONVEYANCE AND BILL OF SALE THIS INDENTURE WITNESSETH: THAT CENTEX CORPORATION, a corporation created and existing under' and by virtue of the laws of the State of Nevada and duly authorized to transact business in the State' of Illinois (hereinafter sometimes referred to as the "Company") , for and in 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 acYnowledged, does hereby grant, bargain, sell, transfer set over, assign, convey and deliver unto THE VILLAGE OF ELK GROVE VILLAGE, Coo� and Du Page Counties, Illinois, a municipal corporation (hereinafter sometimes referred to as the "Village") , the following: Water, Sanitary sewer and storm mains and drains and equipment as listed and located on engineering plans pre- pared by Elk Grove Engineering identifie6 as Plan Number - 4400-4 , dated February 25, 1 1969, which plans axe incorporated by reference and made a part hereof and a part of easements for construction, re-construction and maintenance as are necessary to operate and maintain the aforementioned 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 assigns, to and for its own use forever AND the company does hereby covenant with the Village that is the lawful owner of and has good and marketable title to said properties here.by granted, bargained, sold, transferred, set over, assigned, conveyed and delivered, that said property is free from all encumbrances; that the Company has good right to sell the same as aforesaid that it will warrant and defend said property against the lawful claims and demands of all persons. This conveyance is made by the Company pursuant to a resolution duly adopted by its Board of Directors. IN WITNESS WHEREOF, said CENTEX CORPORATION, has cau�ed this instrument to be signed in its corporate naME1 by its Authorized Agent and to be sealed witl� its corporate seal, all of this 27th day of October 1970 CENTEX CORPORATION (corporate . Scal) , Authorized Agent 2 STATE OF ILLINOIS SS COUNTY OF COOK Robert C. Winkle in and for said County, in the State aforesaid, Do HEREBY CERTIFY, that Robert P. 'Calkins personally known to me to be the Authorized Agent for Centex Corporation, a Nevada corporation, and personally known to me to be the same person whose name is subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that as such Authorized Agent, he signed and delivered the said instrument as Authorized Agent of said corporation, and caused th!� corporate seal of said corporation to be affixed thereto, pursuant to authority, given by the Board of Directors of said corporation as their free and voluntary act, and as the free and , voluntary act and deed of said, corporation, for the uses and purposes therein set forth. GIVEN under my hand and seal this 27th day of October 1970 3 RESOLUTION NO. 1-71 WHEREAS, the Village of Elk Grove Village, hereinafter referred to as Municipality, located in the Co-anty of Cook and DuPage, State of Illinois, desires to undertake, in the year 1971, the location, construction, operation and maintenance of driveways and street returns, watermains, sanitary and storm sewers, street lights, traffic signals, sidewalks, landscaping, etc. , on State highways, within said 1,1unicipality, which by law and/or agreement come under the jurisdiction and control of the Department of Public 1�iorks - and Buildings of the State of Illinois hereinafter referred to as Department, and luIMMEAS, an individual vorking permit must be obtained. from the Department prior to any of the aforesaid installations being constructed either by the 14unicipality or by a private pcison or firm under contract and supervision of the 1,4unicipality. NOW, THEREFORE, be it reS solved by the I.IUnicipality. FIRST: That the 11,�Iunicipality hereby pledges its good faith and guarantees that all work shall be performed in accordance with the conditions of the permit to be granted by the department, and to hold the State of Illinois, Department of Public ',-�orhs and Buildings, harmless on account of any damages that may occur to persons or pro-�_erty during the prosecution of such work and. assume all liability for damages to persons or property due to accidents or otherwise by reason of the work which is to be performed under the provision of said permit. SECOND: That all authorized officials of the Municipality are hereby instructed and authorized to sign said working permit on behalf of the Municipality. I, -hereby certify the above to be a true copy of the resolution SEAL passed by the President and Board of Trustees of Elk Grove Village. Dated this 12th day of January A.D.1971. L P,� A IRREVO -.E COMMERClAT, LEITTEA? OF CIZE'DIT AMOUNT To U.S. ��20,CGO.00 64452 IT.S. C111CA00,ILL. TO of . 1� Grove Vil I aSe Elk Grov- 14`11ce Ill inois October 21, 1970 --------WE HEREBY AUTHOPIZE YOU TO DRAW ON--------- �Contina-nt-_.l D.Iirois National Ecnk, vmd Trust Co.apeny of Chica-0, Clhica-o, X-1-lit,016 ------- MS NOT EXCEEDING 1i DRAFTS AT Si,7"It---------------- -------;--FOR ANY SUM OR SUv A TOTAL OF T-.,'antuy Thouse.-id and CO/I CO Dollar�----------------------------------- ntion, 46co R-_­pubij.c r ional Ban1k To-.T�,r, D'�Ilas FOR ACCOUNT OF Centex Coroor -at DRAFTS MUST BE-: ACCOMPANiED sy i.ivoiccs aI.-,-proved by E:aik of Ell: Grovz! Vill,�,,ze_ relatin, to installc.tion of a tnird lif'v of paveaent for Louis Avcnue from Livaly Doulev-ard east to State RDute 83 and Jarvis A-venue from Livaly U Boulevard east to State Rov'11-e 8:3. INSURANCE ONC ORIGINAL BILL OF LADING WITH COMMIERCIAL INVOICE MUST BE: SENT BY THE FIRST NEGOTIATING BANK BY AIR NIAIL DIRECT TO j AND A CERTIFICATE BY THE FIRST NEGOTIATING BANK STATING THAT THIS HAS BEEN DONE MUST ACCOMPANY EACH DRAFT. ALL DRAFTS HEREUNDER MUST BE MARKED: "DRAWN UNDER CONTINE�-4TAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO LETTER OF CREDIT NO. &1,452 DATED Octobor 21, 1970 EXCEPT AS OTHERWISE EXPRESSLY STATED, THIS CREDIT IS SUBJECT TO THE "UNIFORM CUSTOMS AND PRACTICE FOR COMMERCIAL DOCUMENTARY CREDITS FIXED BY THE INTERNATIONAL CHAF.?SZ-R OF CON11AFRCE." THE AMOUNT OF EACH DRAFT DRAWN UNDER THIS CREDIT MUST BE ENDORSED HEREON AND THE PRESENTATION OF EACH DRAFT. IF NEGOTIATED. SHALL ME A WARRANTY BY THE NEGOTIATING QANK THAT SUCH ENDORSE,'1�,NT HAS BEEN MAn—= AND THAT DOCUIMENTS HAVE BEEN FORWARDED AS HERZ;N REQUIRZD: IF THE DRAFT IS NOT NEGOTI- ATED THIS CREDIT MUST ACCOMPANY THZ DRAF­ j WE HEREBY ENGAGE WITH THE DRAINERS, ENDORSET�S AND BONAFIDE HOLDERS OF DRAFTS DRAWN UNDER AND IN COM- PLIANCE WITH THE TERMS OF THIS CRFDIT THAT Th= SA"�_ SHALL E";E DULY HONORED ON DUE PR2S—_NTATION AND DELIVERY OF DOCUPIZNTS AS SPECIFIED IF NEGOTIATED OR PRESENTED ON OR BEFORE Oct- 2 1975 I e c� F FOR C.S­­ C -v -are E 'The J-k rove i V box ---t-h -atiginal of this letter of credit is in the saley Q�il 7