HomeMy WebLinkAboutRESOLUTION - 7-71 - 2/2/1971 - LETTER OF CREDIT MAIN BOND/LIVELY RESOLUTION I\TO. 7-71
A RESOLUTION ACCI�PTII�C, CERTAIN STIIUTS AS SIIOWN
ON ENGINEERMTCa D1'YXII C, NUMBER 4.10_0--1 DATED
Dec. 1, 1967_ FOR I..iv_c_l.v Bl,rd . (04--il:to» to Hicrcf))-is)
Crosscii Avc (Oa'aon to lii^ciin:_.)TSccc rs A�-e . (C)aktoa
to IIicjgins)
WHEREAS, the Developer and Subdivider has deposited a street
maintenance bond in the amount of $18, 000 expiring on Oct. 22 , 1.972 , ¢
deposited of appropriate bills of sale for public improvements , deposited
public improvement bonds and other funds as required by the Subdivision
Control Ordinance and, 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 Ell: Grove Village, Counties of Cool: and Du Page,
Illinois:
Section l: That the Village of Elk Grove Village does hereby
accept certain street and public; improvements as shown on Engineering
Drawing Number 4400-1, dated Dec. 1, 1967 located as generally described
as follows:
LIVELY BOULEVARD )
CROSSEN AVENUE ) each betvaeen Oakton Street and Higgins Road
SEEGERS AVENUE )
Section 2.: This resolution shall be in full force and effect from
and after its passage and approval according to lave.
PASSED this 2nd day of Februal-i 1971
APPROVED this 2nd day of February 1971
Jack D. Pahl
President
ATTEST:
Margrgthe E. Schwellenbach
Village Cleric
al {
I !s
" IRUEVOC.IY,LE COMMERCIIkl, L7?'i"i'1sl. Ol' f;RIMIT
I AMOUNT U.S. $15,C:;O.C.0 `TO 6.41-51
C111 C_ GO,ILL. U.S.A-
7'
TO V11.1nv? of 6...I,!,, Gro-ia Villn°.
�! E1.k Grove Vz-?la-ze
Illinois =: October 21., 1970
—
-WE HEREBY AUTHORIZE YCLU TO DRAW
Co t_ir.cnt%n1 Lllinois li tion�Q Dank and Trust Co-,roan• of Chic^�-o, Chiuz.p, I linos s `
DRAFTS AT Si,-I! -}------ m-"----- •--- --FOR ANY SUM OR SUMS NOT EXCEEDING
SII A TOTAL OF ..ltL'�i1 Thousand and 0J/100 Dol1•ars------------------------------------
Y�
=� FOR ACCOUNT O;- Centex Corp arNtion, 46010 Fav ,,I)lic Ntionnl Ban':
DRAFTS MUST BE ACCOMPANIED BY invoices a-;10-oved by Ran:-: of Elk C:.—ov: v:.1,1a,"e_
rel=.tir.- to insta1.1_ tion of P. third lift o:: pcwc: cnt foi- See--.„rs A-?aim-. fw::l �
Oa on nort',h to Higgins Road ),nd Crossen Avenue from_ 'O_ra4ton nor h to IIiL a.ns �
1 an(7. T-ivoly Eoul.evard frcm C ?.i.on no:^th to Higgins Road.
1-� - INSURANCE _ _ %-
'�? �,_ li ONE ORIGINAL BILL OF LADING WITH COMMERCIAL INVOICE
MUST BEC SENT BY THE FIRST NEGOTIATING BANK BY AIR MAIL DIRECT TO
AND A CERTIFICATE BY THE FIRST NEGOTIATING BANK STATING THAT THIS HAS BEEN DON_ MUST ACCOMPANY
[ ”� EACH DRAFT. ALL DRAFTS HEREUNDER MUST BE MARKED: "DRAWN UNDER CONTINENTAL ILLINOIS NATIONAL BANK
klf i AND TRUST COMPANY OF CHICAGO LETTER OF CREDIT NO. 0,1451 - DATED October 21, 1910 '
!j EXCEPT AS OTHERWISE EXPRESSLY STATED, THIS CREDIT IS SUBJECT TO THE -UNIFORM CUSTOMS AND PRACTICE
.�, FOR COMMERCIAL DOCUMENTARY CREDITS FIXED BY THE INTERNATIONAL CHAlduER OF COMMERCE.- � 1 `
THE AMOUNT OF EACH DRAFT DRAV✓N UNDER THIS CREDIT MUST BE EN DORSSD NcREON AND THE PRESENTATION 77 '
OF EACH DRAFT, IF NEGOTIATED, SHALL BE A WARRANTY BY THE NEGOTIATING BAR::{ THAT SUCH ENDORSETAENT HAS
tl BEEN MADE AND THAT DOCUMENTS HAVE BEEN FORWARDED AS HEREIN P.EQU:PEE): IF THE DRAFT IS NOT NFGOTI- '
ATED THIS CREDIT MUST ACCOMPANY THE DRAFT. r
WE HEREBY ENGAGE WITH THE DRAWERS, ENDORSERS AND BONAFIDE HOLDERS OF DRAFTS DRAWN UNDER AND IN COM-
PLIANCE WITH THE TERMS OF THIS CREDIT THAT THE SAME SHALL BE DULY HONORED ON DUE PRESENTATION AND
DtE��IlLIVERY OF DOCUMENTS AS SPECIFIED IF NEG GTIATED OR PRESENTED ON OR BEFORE
*T
Octcbcr 21, ]975
L FJR C.sM z£ s
atter o� _ sem s biz' sats3� - a the Bank off' ; Zk ue.
3 00 2 S
They O'rigi:zm?7 of thts � -- ? -a
-
_ JA
h:1lJ'rT 11I.I1 1-;}1111 111' T11;: ; : I'Jt'?'" I??:i';;, `fhr?
of JT i s, Temm, (Or"In': Mor C01 11d the f 1'i rVA JA1 r-i nc�:i 'll r,), in; }' }, Y
11i1'fer t: Ile 1%ll'-s UJ' 1,!:!? .`.t•tit.c . o.J l;U(:n !c{,i_C't:.t,, with 1.1..:, I'I'.1I1;:_L} '1J- o f 1 1 Ci'. Jin
th(. City nJ' li_,rt,fow, O u..cct.icut , (hir"inaff „t. c:alkid t,l;e munl y), a7,
Sura►y, are held anj Molly I:onul ulltn t hc? VJ.1,Li,(,E 01" I';1.!' GiL V:-, V:IJJ.-,'.;L,,
1LLIt;'_'TS, (her ,i n<,ft,er cal- l ud the UbliC pu), in i he jurat and fLtl.l sura of'
ETC!7T .:9/ico (11810,00) IiOhIAL , i c t,hc J , ,I, nf, cf' :rhich
nu•r,, well 'lnd i,rilly to he 1!1-ifin, i,hr, icl Prin.!i "I and N11i•(Y hin:l t.ht!ta--
scivenj and their respecl 7-vn hc'.l.in, il(11'1??115 I"i1t.01':i, E'.--�,-ut,ors, succcssors,
and assigns, joini:1j uIn! Lev':1W_ly, frmly by Uone J;r'UE amiss
I'I'.i.1?r .-I Ws qnknre;l int n n cell aid omit.ten contract, with the
Ohli no) for construction of all 14111c inti roveumnto from: CA P'°olY VINV-_'.3 frost
u, .; Korth to H. LSi ho::; Ono Croosen r L mor Frol: nn iI-.., NMI
Earth t0lagginn 1' - _, also v_.:Lc..'s 1..C. -.c: _..'JJ_ C_.__i..C,.L on 1,11^ S'li.t11, ..(l •vh X1,7 } VSO.:
Road,
:',' (t Cn Ili requires ( :L E'mli f ' the MUM:r 1� a a ns
i rrt r t r c1Ll r ^.t I I'r i nc'i.1' 1. to i_ticl � 1 "� �,� l 4,
d2feeMn mal,cripls and funIt,}• wn,1'I;mu,yhip USA may be found ill sail wort: f(�r
two Q) years frog,,t the d_t-. of ' his loolid.
I104'T,
7'11E1i-;N0h1" thc! conl i i ion of t hi.', nh1 i !'rTi—cm in sLlch, th-tt if i lln srl;rl
lucil,;ll- -•11xl1 i'Lllly iIrWEnify thn (! ) l :iF-c-!:: fur• r!1ly Inss it my ;;ufPer t,l;rourh
the failure of thc! Irir.eilml flithful ly io chrelwu and per'forI1 one;h
ob]ilr;:f }on and duty ir11.a:,gid t;};cin ilrc PHncllal. by the said Imin; an::nce guy
then thi:; ubl.i r,aL i-on to he volt}; olkhmid se to remain in full force and vir xe
in J
all.
it shall he a mrldit:inn 1w('cpUrt, i o any ri.E'lrt. of r-�nov'-I-y
her'(!Illldc;r thr;t 1-n cvenf, of �tny def'riid1, on Ill 1,.,rt of t he i`rin.c•i},�il , a In I I t,en
S{,i;t ca?"11t cf parhicular facts allU['iil'l! fho (f'tt e -an { 11,it',lll-e of r;)lch dttfault
shall hn i mrd i.'•tel;; del i vera) t.o Kim .. u el y I.y r eF;i:,ter :d r?:lit at it-1 1!on:e
Office in t.ho City of 11=:rt,ford, JumucIM'lt..
AND IIOV?I)11),FUf;'i'ii..:1') i,I:at, nn actiur, qirlt or pracec!clinr shall. be had or min-
tainoci gUW:-1, the ':uref y on t,hi ( i.r :;t run,!nt, lml(. ss t l:c! .,<unc he t)ro11L;h1- or
i.nO}.UNd and process n erM upcn tin : l;l ' t: ,T withili i.hrr!e ('1) m-Drlt,Il:; aft_�r
the Pxpirat.i.on of su(:l, n;'>jntcna?tcc! },eric'l.
I1; WI`1'tI1I S M1MEOF3 said Pri tw i}-p1. nnl `.';;re} y have si 1ped ana sealed this
i.nstrunellt this 2AM- day of C^'_n`_._.. A I 19_70
CI'J"FY—CCF-- 'ilii^"'TCiIH C�Pi,i_i'ilfly',_T_t (% -
Y,��( ��` ( --�---//�!% l( ,•_------ --- `(r 1:11,)
11IM47L 11. WAD
T I i E V.c"X
Ha"tic,d, Conn::cticut G115
PCA,71-11. 0-'-' A1T01,NTEY A".'DL CE1',TJ'7L"1CATE or AM"1110-1111"Y' OF
ALLP,;'1:i,; BYTI)EISE THAT T11L Z_,7NA CASUALTY AND SUIOETY C0*1f:)All Ty,
Co
under the Of Lireof and hoeing its pillICT11 C!:iCC In the: City of 11artfoid, Ce ay or St,to of Connect'
mace, CO!I" IutcZl'! p J
70ii,il !aL- a.111 apj)oint 1ichacl R. tread or 1 . Loran
01 Chicago, Illinois its true and 1:iNvful Attorneys-in-Fact, with full power and -.Lil"-.o:iy hereby con-
ferred to 5!r,n, execute and acknowledge, at any plce within the UnItcd States, or, if the followin,, line be filled in within tl:c arca there
the follo ,,in!, instrumcnt (s)
by I-Js tele sicgriz;tucc and act, any and all bonds, reco-nizarlces, contracts of indemnity, and other writings obligatory- in the nature of a bond,
recognL-ncc-, or conditional undertaking, and any and all consents incident thereto
not exceeding the sun, of FIVE IF01,1TIME'D
and to bind TII ETNA CASUALTY AND SURETY CCITI:,IPANIY, thereby as fully and to the same extent as if the saine were signed by
ttic duly an',!-.-rjzcd of vers of THE A--MNA CASUALTY AND SURMY COIMPANY, and all the acts of said Attorneys-in-Fact, pursuant
to"itc authority heicin given, are herby rzticd and confirmed.
is rnn'dc uad-c-r and by authority of the following provisions of the By-Laws of the Company which provisions are now in full
force and' e:rfect a-nd tare OAy applicable pro-visions of said
E,IV—Sectile:n S. 1lr"s`d'nt'any Vice Pre-idr-rj,or any S--CrCt-Ary r,.17.y frons tinne-to tiine appoint Resident Vice Presidents, Resident el"ristant
A;,_nts to-"-rt fc:r and 0"I of t1--co: play and rn-.y ave !ny S'L"ch aT such zutho.iz-j as his cerrifjc-�.t��of a:: r- p.c-
scrit-_ to -7,a t:�': PrIa, seal vith t"12 co:rv7my's rezC'-,nr,:-rics, contracts of inl�v-,riity, and other writings in the
r.?w.c of v bo,,-.], or co.Tidiional updprzal.-:ns,, and any of said of,r�cef5 or th
c Ps_ud of Diitctors may at any tinic remove any such appointee and
po,vr-;. in�!
-
AR"iCLE IV—S- ion 10, Any ED7id, contract Of inlcrani:y, or wr;tii - obli-azory in if.c n-torc of a Fond, re-co�7ni2,.ince, or conditional rn-
S4.01 v;lid d z u, or a Vice President or by - R�;;d-,nt V e rur,'Llorlt t')
�i po-i cl-Ic- Cor-,�n,,ay -�vhcn (a) i,-2,a' by tl'�2 Pr,sid�n - ic
tar P'u-'-tr in t'l-- of Of suds Rt�'3id'-nt Vicc- euly ztrcsted and sl:,Jed v,,it'i tlie Co.':1P:1(1y'S 5-A l";' a S--crctd.ry Cr
As,;�-a o. by a I!,-::1,,,ir S^cr-t
tc the 1;0-111 in the C-arzificlate 01, autnc";ty of 5-1c"i Assistant S--Cr"-tary;
Or (b) duly exv-v-,:d (under sera, if requir—') by one or more pursuant to 612 porter prescribed in his or t:ilir certificate or certir-Icatc5 of
rut'L;O-Ly.
This PC,.'=
= of A!tr)-'n'2y 22' CC-tiflcltc of Av�t'-!oity i, si,-ned ands.sled by f.icsinii!2 under and by Fudho:iry of the folio-,.-in,- L(,solutlon vo,-i by tli,�� Board
of 1)11�r c"L)!s Of Ti CASU'�'ILYY AND SIUA',ETY CO':IPAI,Y at z meeting duly called and held oil the 22nd day of Nov.,-nb-cr, 1953.
VOTED: Th,:t cure si„r.--ture of-%Rliirn O. Bailey, S,nicor Vice Prc-id-nt,or of An-ire,;,- H. Anderson, Vic:: President, or of D. N. Ga:;c, Assistant Vice Pros
Cr of Nell 1-1, or of Pcnjamin I. Raddir,-,, of of Curtis K. Secretary, and t!i_ seal of the Company may be
by facsimile t3 my porter 0' or to any C-r'Z ..re pp-')intivg Vice Resident A,5ist;znc Secretories or Arcorn--ys-in-
Fact for I,L:rl-o,z3 Only of and atzc-tir,.E b-,ns a.--)d and other in the nature thereof, and any such povxr of attorric-,
or C%rtiflcz:'-e s"IC11 ficsi 11
ide or ficsir.iil_ seal sL�Jl L-.- w!i' and binding upon cite Company and any such po-.,er so executed and cerrifcd
by St3ch facsimile si-."ZI-Iturc and facsimile seal shall be valid and binding upon the Company in the future with respect to any bond or ufldelt2"ing to which
it is c,1.
-1Y
IN 'V',71TNFSS 'V,, H-, RE0F, THE 1e.T`NA CASUALTY AND SURETY C01\1,PAN h as caused this instrument to be signed by its
Secretary > and its corporate seal to be hereto affixed this 12th day of October 1 1970
THE TTNA CASUALTY AND SUAIEfY COMPANY
L
State of Conn(-cticut
ss. Hartford Cox". By.
County of Hartford JJ
Secretary
On this 12th day of October 1 19 70 , before mc PCrsOu,!ll7 Came CUR-11S K. SHAW
to me known, wlio, being by mc duly sworn, did depose and s:.y: that he is Secretary of
THE IETNA CASUALTY AND SURETY COI'dPANY, the corporation described in and which executed the above instrument; that lie
knows t,',,e seal of said corporation; that the seal affixed to th= said instrument is such corporate seal; and that he executed the said instrUnIC-ut
on behalf of the corporation by authority of his office tinder the By-Lavas thereof.
NotaryFIC
My commissions M M n it ?,.arch 31. 19
7
CERTIFICATE
1, the undersigned, Secretary of TILE AM\'A CASUALTY AND SURETY COMPANY, a stock
corporation of the State of Connecticut, DO HEREBY CERTIFY that the foregoing and attached Power of Attorney and Certificate of Au-
thority remains in full force and has not been revo',ed; and furthermore, that Article IV—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 Scaled at the Home Office of the Company, in the City of Hartford, State of Connecticut. Dated this 22r, day of
Octob-1,r 1970
MARTF-D
tone.
0.,k.
Secretary
CAT. 187+"9
(S-1922-B) (M) 1-69 PRINTED 1 14 U.S A.
L1virt °-'r-
S 1i�rce�nli�(aq
a*nx+,w•r,•n,•n�r,* •. ^rnh --,•n rytiti r`ti my vn n !-)---
.a1.k'.:, e 5.... .. - .
e
Aa
r
rl� I12RF�`OC�173L1: CO�IJ1I:12CI�U, LI:'I"II;I2 l)7' C12}:]SIT ;
"i
3 AMOUNT U.S. $15,000.00 No. 64451
CIIICiVC;O,ILL. IT.S.A. f
o,
TO Village of Ells Grove Village f
Elk Grove Village t
Illinois October 21, 1970
WE HEREBY AUTHORIZE YOLJ TO DRAW ON----
"A
N-- - �
Continental Illinois National Bank and. Trust Company of Chicago, Chicago, Illinois
y DRAFTS AT sight^• --•-•-•-•-•-•-•-^^^•--'-Z-f OR ANY SUM OR SUMS NOT EXCEEDING
A TOTAL OF Fifteen Thousand and OO/lCO Dol lars--+--_---•------«_--_•_^--_-_-•-_-
j FOR ACCOUNT OF Centex Corporation, 4600 Republic National Bank Tower, Dallas,* � g�
DRAFTS MUST BE ACCOMPANIED BY invoices approved by Bank of Elk Grove Village-
relating, to installation of a third lift of pavement for Seegers Avenue from <
Oakton north to Higgins Road and Crossen Avenue from Octan north to Higgins
� .. : and Lively Boulevard from Oakton north to Higgins Road.
I
t i j-r
1
t
j; - ,
ti
INSURANCE
ONE ORIGINAL BILL OF LADING WITH COMMERCIAL INVOICE
MUST BE SENT BY THE FIRST NEGOTIATING BANK BY AIR MAIL DIRECT TO
- AND A CERTIFICATE BY THE FIRST NEGOTIATING BANK STATING THAT THIS HAS BEEN DONE MUST ACCOMPANY
EACH DRAFT, ALL DRAFTS HEREUNDER MUST BE MARKED:�"]D�R�AWN UNDER CONTINENTAL ILLINOIS NATIONAL BANK
AND TRUST COMPANY OF CHICAGO LETTER OF CREDIT NO. 64451 DATED October 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 CHAMBER OF COMMERCE." j
o_.
. 'I THE AMOUNT OF EACH DRAFT DRAWN UNDER THIS CREDIT MUST BE ENDORSED HEREON AND THE PRESENTATION pp '
a - OF EACH DRAFT, IF NEGOTIATED, SHALL BE A WARRANTY BY THE NEGOTIATING BANK THAT SUCH ENDORSEMENT HAS _.
BEEN MADE AND THAT DOCUMENTS HAVE BEEN FORWARDED AS HEREIN REQUIRED: IF THE DRAFT IS NOT NEGOTI-
ATED THIS CREDIT MUST ACCOMPANY THE DRAFT.
WE HEREBY ENGAGE WITH THE DRAWERS, ENDORSERS AND BONAFIDE HOLDERS OF DRAFTS DRAWN UNDER AND IN COM-
PLIANCE WITH THE TERMS OF THIS CREDIT THAT THE SAME SHALL BE DULY HONORED ON DUE PRESENTATION AND
I
DELIVERY OF DOCUMENTS AS SPECIFIED IF NEGOTIATED OR PRESENTED ON OR BEFORE October 21, 1975
*Texas
fP
IN
FOR CASHIER ( o�
� 1, t �`- '•�'� C___-4- /! (� r:i
it .52 .yi�,7ti J+'ri .2.5,L' ? r .�. vr�,1k.Pn ??7"9 4.�.ri.6rsstib7'^"VC`%:?i4' .'.,.h,947Pi��'�S.�y'f'+L4Fw1�.'1 �4W9A4r49SSC95uW.V7RP,9rn,P99V7� ?S4„^.,,-,v,v W+
DEED Or C0�`VEYP1,Tc:fa f
AND
BILL OF SALE
THIS INDEN'T'URE WITNESSETH: THAT CEN`I'EX CORPORATION,
a corporation created and existing under' and by virtue of the laws
of the State of Nevada and duly authorised to :transact business in
the Statc' 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 ackno,•:ledged, does
hereby grant, bargain, sell, transfer set over , assign, convey and
deliver unto TrIE VILLAGE, Or :ELK GROVIs' VILLAGE, Cooj; and Du Page
Counties, Illinois, a muni-cipal corporation (hereinafter sometimes
referred to as the "Village "') , the fallo::irig:
Wa-ter , Sanita_cy sewer and storm mains and drains and
equipment as listed and located on engineering plans pre-
pared by Elk Grove Engineering identified as Plan
Number - 4400-1 , dated December l,_ _ 19 67, which
• plans are 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
' - 1
AND the company does hereby covenant with the Village
that is the lawful ov,,ner of ,and has good and marketable title to
said properties hereby granted, bargained, sold, transferred, set
over, assigned, conveyed and delivcr_ecl, 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 deman.cls of all persons.
" This conveyance is made by the Company pursuant to a
resolution duly adopted by its Doard of Directors .
IN PlITNESS 1,17IkREOF, said CENTEX CORPORATION, has caused
this instrument to be sig:^ed in its, corporate name by its
Authorized Agent and to be sealed witl its corporate seal, all of
this 27th day of October_ M, 19 70
CENTEX CORPORATIOI:
(Cox por ate ' sca l)
Authorized Agent
2 M
STATE OF ILLINOIS )
SS
COUNTY OF COOI; )
7 Robert C. Winkle
in and for said County, in the State aforesaid, Do FIERL3Y CERTIFY,
that Robert P. Calkins personally kno,,n 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 Au.thol: i.zed Agent of said corporation, and
caused the corporate seal of said corporation to be affixed thereto,
pursuant to authority, given by the Board of Director; of said
corporation as their- free and voluntary act, and as the free and
voluntary act and decd of said, corporation, for the uses and
purposes therein set forth . '
GIVEIN under my hand and seal this 2-/tI? day of October 1970
. 1
-
3