HomeMy WebLinkAboutRESOLUTION - 56-20 - 7/7/2020 - Maintenance Bond for Technology ParkRESOLUTION NO.56-20
A RESOLUTION ACCEPTING A DEED OF CONVEYANCE / BILL OF SALE OF
MAINTENANCE BOND NO. PB 01741900032, IN THE AMOUNT OF $262,012.70,
EXPIRING JUNE 16, 2022, GUARANTEEING THE MAINTENANCE OF THE PUBLIC
IMPROVEMENTS FOR THE ELK GROVE TECHNOLOGY PARK SUBDIVISION
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Trustees of the
Village of Elk Grove Village, Counties of Cook and DuPage, State of Illinois as follows:
Section 1: That the Mayor and Board of Trustees do hereby accept a Deed of
Conveyance / Bill of Sale for public improvements as described in the Mass Grading and
Infrastructure Improvement Plans for the Elk Grove Technology Park prepared by Spaceco, Inc.
Section 2: That the Village of Elk Grove Village shall accept the original cash
maintenance bond of $262,012.70, which guarantees the public improvements of watermain,
storm sewer, sanitary sewer, and roadway pavement for a period of two (2) years or June 16,
2022.
Section 3: That this Resolution shall be in full force and effect from and after its passage
and approval according to law.
VOTE: AYES: 5 NAYS: 0 ABSENT: 1
PASSED this 7" day of July 2020.
APPROVED this 7ch day of July 2020.
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Loretta M. Murphy, Village Clerk
1.
2.
3.
4.
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26
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P80CEDURE FOR ACOEPTANCE/CONVEYANCE
-V
Developer submits one (1) set of blVeline record drawings (as-builts).
- /t-fmatt-) INSf-AL:xr -t.. 'bb-*/ ro" (" S
The Village uses the recorb drawings to prepare' a punch list.
Punch list work is completed by developer/contractor.
Following satisfactory completion of punch list work the developer must submit the
following to the Village:
A. One (1) set of mylar record drawings (as-builts).
A ri 't 1 1 4 G 1( 0 —:u
B. Two (2) sets of blueline rec6rd drawings (as-bui s).
C. Completed Acceptanc Conveyyya�n.�c/e Documents%(_attached).
D. Two-year alntenance uarantee*
< Cyr � � S
of all required items the Acceptance/Conveyance documents and he
Upon receipt q ,
Maintenance Guarantee will be submitted to the Village Board for their review and
consideration. - 14A 51.'l
Upon approval by the Village Board, the original Letter of Credit can be released.
1>r �l. ► i s 'A,-. A !a T AXi, t i,` iJ
"*The maintenance Guarantee can be a Bond, b��� • The amount shall
be 10% of the cost of public improvements 6190 igkSgjaW• The
guarantee shall be for a period of not less than two (2) years, but �+
r
the months of May, June, July, August, September or October. j.r
CERTIFICATE OF APPROVAL AND INITIAL ACCEPTANCE
SUBDIVISION:
te-X!.
(Project Name/PFfise...... etc.)
Request is hereby made by-h
'�°`'S' `�` L�t
to the Village of Elk Grove Village to approve the subdivision/project described above.
The following information is submitted in support of this request:
of Conveyanco/BIII of Sale - �� c�`f' "7 �+��'1ao41�•
( t*l' Hs -Built Engineering Drawings (3-print sets/1 mylar set)
( *Bill of Materials (material type, quantities and cost) _
( Maintenance Guarantee (Bond, 1 -�
OWNER(S)/DEVELOPER(S):1(�
ADDRESS: + s���A .t-! 7
TELEPHONE: �-- I- '7 —6F)00
REFERENCE:
*Plan No. Sheets �, Dated & specifications.
P repa red by�Lc
e«� on f <�ts� t Ems
and approved by the Village of Elk Grove Village. s zo — 9 a •
jf�/� ��sls < �7�+�: r ../� � .� LJ
continued....
'st 1 1ti f
16
(4-1 Watermain and Appurtenances
(,,O� Sanitary Sewer and Appurtenances ( ) 9hW--
( y� Storm Sewer and Appurtenances ( ) —P940111!& &4"
( Roadway (Curb and Gutter) ( )
(, Roadway (Markings) ( )
CERTIFICATIONS:
DESIGN ENGINEER'S CERTIFICATION
To the best of my knowledge and belief, the construction of the above
described improvement has been completed in accordance with the referenced approved
plans and specifications.
/?(J 7 0 Z-ys3t`� g
(Date) (II. P.E. No.)
DEVELOPER/OWNER CERT1EKATION
FIELD INSPECTORS CERTIFICATION
I hereby certify that I (we) have regularly inspected the above described improvements
during the progress of construction and that to the best of my/our knowledge and belief
the work has been com
nformance with the approved plans and specifications.
TrIAxrea T (Title u.�_
DEED OF CONVEYANCE%BILL OF SALE
KNOW ALL MEN BY THESE PRESENTS, THAT
LLc (the "Developer"), located at 1qsb'
Sc... Gm- f$ a
authorized to do business in the State of Illinois, for and in consideration of the
sum of One Dollar ($1.00) and other good and valuable consideration in hand paid, the
receipt and sufficiency of which are hereby acknowledged, does hereby Grant, Sell,
Transfer over, Convey and Deliver unto the Village of Elk Grove Village (the "Village"),
Cook and DuPage Counties, Illinois, a municipal corporation, to and for its�.e�t
own use
forever the following: '- 0- -tv � >Ikk- -rr +-lgaLs �►rr
AAZi ini r
UNDERGROUND IMPROVEMENTS
Watermain and Appurtenances
Sanitary Sewer and Appurtenances
VxStorm Sewer and Appurtenances
Roadways (Curb & Gutter/Pavemerr
8-' wR n— _&L.
Traffic Control/Street Signs
s
Y��«S i�. �•�. (� ii-�1S ice. �'�tr=,s^�'t l�Ud.� 1
At-
'J-.�
I a�_
15t.
located in the Project known as C�� lTfzA
(the "Project") as described on the "as -built" engineering plans prepared by
S
located at _l �7s � ��' S
c
and dated f r f , which pl its with "Bill of Mat als" are incorporate r
&f,- � '1'0
reference and made a part hereof,
WHEREAS, the Developer does hereby warrant to the Village, it is the lawful
owner of and has good and marketable title to the aforedescribed improvements; that the
same are free from all encumbrances; that the Developer has the right to Sell the same;
and that the Developer warrants and will defend and hold harmless the Village against
the lawful claims and demands of all persons with respect to the title hereby conveyed;
and that the execution of this Bill of Sale/Deed of Conveyance is an authorized Act of
Said Corporation, Individual or Partnership.
IN WITNESS WHEREOF, the DevqWer has caused this instrument to be signed
and delivered this day of 0 s Io "RX0
�� 1 CORPORATE �� �
6/5/2020 , SEAL � N ��
(NAME) (DATE)
k Manager
(TITLE)
ATTEST:
OTARY Official Seal
D Fagg
st r xr C ,c�-1 k fhfo Ios 12Z:� Public State of Illinois
(NAM (DATE)
DF ELGPER(S)iO'VVNEni
VILLAGE INSPECTOR
--1 - S- A� 7
„,n..
(DATE)
2-0
AT
ASSISTANT VILLAGE ENGINEER: CERTIFICATION
All work required for this development has been inspected and found to be
completed in a satisfactory manner. All documentation for acceptance has been
submitted and found to be acceptable.
� *�
0
APPROVAL AND ACCEPTANCE OF GOVERNING AUTHORITY
The VILLAGE OF ELK GROVE VILLAGE does hereby approve and accept for
maintenance and operation the above described improvement. It is understood that the
guarantee period of 24 months shall commence as of the date of Village Board
acceptance.
It is also understood that this approval and acceptance covers only the specific
work indicated above and is subject to a final punch list being made concerning
adjustment, alignment and necessary repairs of all structures, boxes, hydrants, etc.
Acceptance of maintenance by the Village does not relieve the developer from the
responsibility of keeping all dirt and debris due to construction operations out of both
storm and sanitary sewer systems. Final acceptance of the subdivision or other general
development is conditional upon completing all indicated items on the final punch list. It
is the responsibility of the owner or developer to request the final punch list to be made.
cz
No refund of maintenance escrow monies will be made until all items in the final punch
list have been corrected.
VILLAGE OF ELK GROVE VILLAGE
BY:
(DATE)
hub
il
INFRASTRUCTURE PUBLIC IMPROVEMENTS
FOR THE BILL OF MATERIALS
• OF THE ELK GROVE TECHNOLOGY PARK
(LAND SURVEYQRS
PROJECT: Mass Grading and Infrastructure Improvement
Plans for The Elk Grove Technology Park
LOCATION: ELK GROVE VILLAGE, ILLINOIS
PROJECT NO.: 6953.04
CLIENT: GB ELK GROVE 1, LLC c/o
Brennan Investment Group, LLC
DATE PREPARED: 4/26/2018
LAST REVISED: 6/5/2020
PREPARED BY: WB
CHECKED BY: BCR
GROUP MANAGER:
(HAND WRITTEN INITIALS)
THE PRICES USED IN THIS LIST ARE BASED ON THE AVERAGE PRICES FROM CONTRACTOR'S
BID PRICES REVIEWED WITHIN THE PAST YEAR BY SPACECO, INC. FOR SIMILAR PROJECTS
AND/OR AVAILABLE MATERIAL & LABOR COST DATA. SOME UNIT PRICES HAVE BEEN ADJUSTED
TO ALLOW FOR SPECIAL CONDITIONS. THESE UNIT PRICES DO NOT INCLUDE ENGINEERING FEES.
CONSULTING ENGINEERS * SITE DEVELOPMENT ENGINEERS * LAND SURVEYORS
9575 WEST HIGGINS ROAD, SUITE 700, ROSEMONT, ILLINOIS 60018
847-696-4060 * FAX 847-696-4065 * 888-SPACECO (772-2326)
S PAC EC O INC.
FILE NAME:6953-04-EOPC-2020-0604
�
InfrasVucture
Public Improvements for the Bill
of Materials
of The Elk Grove Technology Park
A. Watermain Improvements
1. Watermain, DI Class 52 wl Fittings
6"
75
L.F.
$40.00
$3,000
2. Watermain, DI Class 52 wl Fittings
10"
115
L.F.
$70.00
$8,050
3. Watermain, DI Class 52 wl Fittings
12"
1,280
L.F.
$80.00
$102,400
4. Watermain, DI Class 52 wl Fittings
16"
2,000
L.F.
$90.00
$180,000
5. Fire Hydrant wl Aux. Valve and Box
11
EA
$5,000.00
$55,000
6. Water Main Connection, Shut Down
12" Valve in 60" Dia. Vault
1
EA
$10,000.00
$10,000
7. Water Main Connection, Cut -In -Tee
16" Valve in 60" Dia. Vault
1
EA
$16,000.00
$16,000
8. Valve
10" in 60" Dia. Vault
10
EA
$4,DD0.00
$40,000
9. Valve
12" in 60" Dia. Vault
2
EA
$5,000.00
$10,000
10. Valve
16" in 60" Dia. Vault
7
EA
$6,000.00
$42,000
11. Watermain Trench Backfill
540
L.F.
$18.00
$9,720
12. Auger 24" Steel Casing wl 16" Pipe
185
L.F.
$500.00
$92,500
13. Anode Bags
1
L.S.
$120,000.00
$120,000
A. Watermain Improvements
Sub -Total=
$688,670
B. Sanitary Sewer Improvements
1. Sanitary Sewer. PVC SDR 26
12", 10'-15' DEEP
1,840
L.F.
$55.00
$101,200
2. Sanitary Sewer. PVC SDR 26
12", 15'-20'DEEP
521
L.F.
$65.00
$33,865
3. Sanitary Manhole, 48" DIA
10'-15' DEEP
11
EA
$3,200.00
$35,200
4. Sanitary Manhole, 48" DIA
15'-20' DEEP
3
EA
$4,000.00
$12,000
5. Connect to Existing Stub
1
EA
$5,000.00
$5,000
6. Plug and Stake Sanitary Service
3
EA
$350.00
$1,050
7. Sanitary Trench Backfill
150
L.F.
$45.00
$6,750
B. Sanitary Sewer Improvements
Sub -Total=
$195,065
C. Storm Sewer Improvements
1. Storm Sewer, RCP, CL IV, 12" DIA
525
L.F.
$35.00
$18,375
2. Storm Sewer, RCP, CL IV, 15" DIA
249
L.F.
$38.00
$9,462
3. Storm Sewer, RCP, CL IV, 18" DIA
345
L.F.
$42.00
$14,490
4. Storm Sewer, RCP, CL IV, 24" DIA
387
L.F.
$60.00
$23,220
5. Storm Sewer, RCP, CL IV, 36" DIA
382
L.F.
$70.00
$26,740
6. Storm Sewer, RCP, CL IV, 48" DIA
560
L.F.
$90.00
$50,400
7. Storm Sewer, RCP, CL IV, 60" DIA
619
L.F.
$110.00
$68,090
S. Inlet, 24" DIA, Type -A
7
EA
$1.000.00
$7,000
9. Catch Basin, 48" DIA, Type -A
11
EA
$2,500.00
$27,500
10, Catch Basin, 60" DIA, Type -A
6
EA
$3,000.00
$18,000
11. Manhole, 48" DIA, Type -A
3
EA
$2,DD0.00
$6,D00
12. Manhole, 60" DIA, Type -A
2
EA
$2,500.00
$5,000
13. Manhole, 72" DIA, Type -A
1
EA
$4,000.00
$4,000
14. Manhole, 84" DIA, Type -A
1
EA
$6,000.00
$6,000
15. Manhole, W' DIA, Type -A
6
EA
$7,500.00
$45,000
16. Manhole, 108" DIA, Type -A
1
EA
$9,500.00
$9,500
17. T Junction Box
3
EA
$12,000.00
$36,000
18. Storm Trench Backfill
900
L.F.
$17.00
$15,300
19. 12" Flared End Section, wl Grate incl. rip -rap
1
EA
$1,800.00
$1,800
20. 60" Flared End Section, w/ Grate Ind. rip -rap
2
EA
$7,000.00
$14,000
C. Storm Sewer Improvements
Sub -Total=
$405,877
D. Roadway Improvements
Roadway
1. 9" Crushed Gravel, Crushed Stone, or Crushed Concrete
15,730
S.Y.
$9.00
$141,570
2. 3" CA-6 Aggregate Capping Material
15,730
S.Y.
$3.00
$47,190
3. 10" HMA Binder Course, IL 19, N70
15,730
S.Y.
$38.50
$605,605
4. 2" HMA Surface Course Mix D, N70
15,730
S.Y.
$11.00
$173,030
Other Roadway Improvements
9,990
L.F.
$15.00
$149,850
5. Curb and Gutter, B6.12
1
L.S.
$59,520.00
$59,520
6. Pavement Marking Allowance
15
EA
$250.00
$3,750
7. Sign and Post
D. Roadway Improvements
Sub -Total=
$1,180,515
E. Oakton Street Roadway Improvements
1. Oakton Street Roadway Improvements
1
L.S.
$150,000.00
$150,000
E. Oakton Street Roadway Improvements
Sub -Total=
$150,000
TOTAL= $2,620,127
Page 2 of 3
SPAC E C O INC. FILE NAME:6953-04-EOPC-2020-0604
�Infrastructure Public Improvements for the Bill of Materials
of The Elk Grove Technology Park
NOTES:
1) This estimate is prepared based on "Mass Grading and Infrastructure Improvement Plans for The Elk Grove Technology Park" dated December 1, 2017;
last revised April 11, 2019
2) This estimate is prepared as a guide only. SPACECO makes no warranty that actual costs will not vary from the amounts indicated, and assumes no liability
3) This estimate DOES NOT include: PERMIT FEES
REVIEW FEES
LANDSCAPING
LIGHTING OUTSIDE OF RIGHT-OF-WAY
DRY UTILITY CONSTRUCTION
DRY UTILITY REMOVAURELOCATION
HIGGINS ROAD ROADWAY IMPROVEMENTS
RETAINING WALL NEAR WESTERN BERM
DEMOLITION OF EXISTING COMMERCIAL BUILDINGS
AND ASSOCIATED LOT IMPROVEMENTS
DEMOLITION OF EXISTING HOMES AND ASSOCIATED
LOTIMPROVEMENTS
DEMOLITION OF EXISTING FARM BUILDINGS AND
ASSOCIATED LOT IMPROVEMENTS
EARTHWORK
EROSION CONTROL IMPROVEMENTS
PAVEMENT MARKING PROVIDED BY CONTRACTOR
4) This estimate DOES NOT include maintenance costs for: EROSION CONTROL
CONSTRUCTION ROADS
BUILDING PADS
Page 3 of 3
PHILADELPHIA
INSURANCE COMPANIES
:1 \icmhcr of Ihc'1'nkio Al a inr t nvup
FIRST TERM PREMIUM FULLY EARNED
Bond Number: PB 01741900032
Premium (Two (2) Years): $1,572.00
MAINTENANCE BOND
KNOW ALL MEN BY THESE PRESENTS: That GB Elk Grove 1. LLC xnd GB Elk Grove
2, LLC as Principal, and PHILDELPHIA INDEMNITY INSURANCE COMPANY, a
corporation organized and existing under the laws of the State of Pennsylvania and duly authorized
to transact a general surety business in the state of Illinois, hereinafter called the Surety, are held
and firmly bound unto Elk Grove Villase. IL, hereinafter called Obligee, in the full and just sum
of Two Hundred Sixty Two Thousand Twelve and 70/100 DOLLARS ($262,012.70 lawful
money of the United States of America, for the payment of which sum, well and truly to be made,
we bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and
severally, firmly by these presents.
WHEREAS, on the 14th day of November 2017, the above named Principal entered into an
agreement with the Obligee for: Mass Grading and Infrastructure Improvement Plans for The
Elk Grove Technology Park - Prolect No. 6953,04, Elk Grove VWage, Illinois
WHEREAS, under the terms of said agreement, Principal is required to guarantee replacement and
repair of improvements as described therein for a period of Two (2) year(s) from and after the
date of completion and acceptance of said improvements;
NOW, THEREFORE, If the above Principal for a period of Two (2) year(s) from and after the
date of completion and acceptance of same by said Obligee, replace any and all defects in said
work resulting from defective materials or defective workmanship, then the above obligation to be
void; otherwise to remain in full force and effect.
Any claims upon this bond must be made prior to the expiration of thtwo e f�
eyear maintenance
period.
IN WITNESS WHERE OF, the seal and signature of said Principal is affixed hereto and the
corporate seal and the name of said Surety is hereto affixed and attested by its duly authorized
Attorney -in -Fact
this 16`h day of June, 2020.
GB Elk Grove 1. LLC and GB Elk
Grove 2, LLC
(Principal)
PHILDELPHIA INDEMNITY INSURANCE COMPANY
q ( (Surcty)
By:
Rachel Richardson Attorney In Pact
136
PHILADELPHIA INDEMNITY INSURANCE COMPANY
One Bala Plaza, Suite 100
Bala Cynwyd, PA 19004-0950
Power of Attorney
KNOW ALL PERSONS BY THESE PRESENTS: That PHILADELPHIA INDEMNITY INSURANCE COMPANY (the Company), a corporation organized and
existing under the laws of the Commonwealth of Pennsylvania, does hereby constitute and appoint James W. Banahunim Fnok Scardino and Rachel Richardson of
ILacMan Coa nic& 4LC, its true and lawful Attorney -in -fact with full authority to execute on its behalf bonds, undertakings, recognizances and other contracts of
indemnity and writings obligatory in the nature thereof, issued in the course of its business and to bind the Company thereby, in an amount not to exceed S25.000.000.
This Power of Attorney is granted and is signed and sealed by facsimile under and by the authority of the following Resolution adopted by the Board of Directors of
PHILADELPHIA INDEMNITY INSURANCE COMPANY on the 14' of November, 2016.
RESOLVED: That the Board of Directors hereby authorizes the President or any Vice President of the
Company: (1) Appoint Attorney(s) in Fact and authorize the Attomey(s) in Fact to
execute on behalf of the Company bonds and undertakings, contracts of indemnity and
other writings obligatory in the nature thereof and to attach the seal of the Company
thereto; and (2) to remove, at any time, any such Attorney -in -Fact and revoke the
authority given. And, be it
FURTHER
RESOLVED: That the signatures of such officers and the seal of the Company may be affixed to any
such Power of Attorney or certificate relating thereto by facsimile, and any such Power of
Attorney so executed and certified by facsimile signatures and facsimile seal shall be
valid and binding upon the Company in the future with respect to any bond or
undertaking to which it is attached.
IN TESTIMONY WHEREOF, PHILADELPHIA INDEMNITY INSURANCE COMPANY HAS CAUSED THIS INSTRUMENT TO BE SIGNED AND
ITS CORPORATE SEALTO BE AFFIXED BY ITS AUTHORIZED OFFICE THIS 14T" DAY OF NOVEMBER, 2016.
1 ,l
(Seal)
Robert D. O'Leary Jr., President & CEO
Philadelphia Indemnity Insurance Company
On this 14'h day of November, 2016, before me came the individual who executed the preceding instrument, to me personally known, and being by me duly sworn said
that he is the therein described and authorized officer of the PHILADELPHIA INDEMNITY INSURANCE COMPANY; that the seal affixed to said instrument is
the Corporate seal of said Company; that the said Corporate Seal and his signature were duly affixed.
nv
(Notary Seal)
Notary Public:
residing at:
My commission expires:
1, Edward Sayago, Corporate Secretary of PHILADELPHIA INDEMNITY INSURANCE COMPANY, do hereby certify that the foregoing resolution of the Board of
Directors and this Power of Attorney issued pursuant thereto on this 14"' day of November, 2016 are true and correct and are still in full force and effect. I do further
certify that Robert D. O'Leary Jr., who executed the Power of Attorney as President, was on the date of execution of the attached Power of Attorney the duly elected
President of PHILADELPHIA INDEMNITY INSURANCE COMPANY,
In Testimony Whereof I have suhscribed my name and affixed the facsimile seal of each Company this day of J -) L - , 20AQ
Edward Sayago, Corporate Secretary
PHILADELPHIA INDEMNITY INSURANCE COMPANY