HomeMy WebLinkAboutRESOLUTION - 1-81 - 1/13/1981 - PERFORMANCE BOND/WINSTON GROVERESOLUTION NO. 1-81
A RESOLUTION ACCEPTING A REVISED PERFORMANCE BOND FROM SAFECO
INSURANCE COMPANY IN THE AMOUNT OF $7,500 GUARANTEEING THE
INSTALLATION OF SIDEWALKS ALONG THE SOUTH SIDE OF NERGE FROM
WISCONSIN LANE TO THE 7 -ELEVEN PARCEL IN WINSTON GROVE SECTION
22 SOUTH
NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees
of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois:
Section l: That the President and Board of Trustees do hereby
authorize the acceptance of a revised Performance Bond No. 2966903 from
Safeco Insurance Company increasing the amount from $7,000 (Resolution
No. 5-80) to $7,500 guaranteeing the installation of sidewalks along the
south side of Nerge Road from Wisconsin Lane east to the 7 -Eleven Parcel
in Winston Grove Section 22 South.
Section 2: That the sidewalk requirements of the Subdivision Control
Ordinance is hereby delayed until such time as the Nerge Road Improvement
is completed by the Cook County Highway Department.
Section 3: That the revised Performance Bond from Safeco Insurance
Company is renewable each year until said Improvement is completed.
Section 4: That this Resolution shall be in full force and effect
from and after its passage and approval according to law.
PASSED
this
13th
day
January
1981.
APPROVED
this
lath
day
January
1981.
ATTEST
Ilafern Snick
Acting Village Clerk
Charles J. Zettek
Village Presdient
POWE J TTORNEY SAFECOINSI N OMPANY OF AMERICA
GENERAL INSURO.. ,CE COMPANY OF AMERICA
AC FIRST NATIONAL INSURANCE COMPANY OF AMERICA
SAMCO HOME OFFICE: SAFECO PLAZA
SEATTLE, WASHINGTON 98185
5173
No.
KNOW ALL MEN BY THESE PRESENTS:
That SAFECO Insurance Company of America, General Insurance Company of America and First National Insurance
Company of America, each a Washington corporation, does each hereby appoint
-------------------------JOAN C. WIGGIN, Chicago, Illinois
its true and lawful attorneys) -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, General Insurance Company of America and First
National Insurance Company of America have each executed and attested these presents
STATE OF Illinois
Cook
County of
this 19th day of_
CERTIFICATE
ACKNOWLEDGMENT BY SURETY
ss
June
79
19_
��oo�+« swEnrvr. rx Es�OErvr
On this 4th day of December 1980 , before me personally
appeared Joan C. Wiggin , known to me to be the Attorney -in -Fact of
SAFECO INSURANCE COMPANY OF AMERICA, GENERAL INSURANCE COMPANY OF AMERICA, FIRST NATIONAL
INSURANCE COMPANY OF AMERICA or SAFECO NATIONAL INSURANCE COMPANY, the corporation that executed the
within instrument, and acknowledged to me that such corporation executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, at my office in the aforesaid County,
the day and year in this certificate first above wrifen.
(Seal)
5-230 R4 6/78
Notary' Public in the State of
County of Cook
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the facsimile seal of each corporation
this 4th da of December
v
PRINTED IN U S A.
9 80
S-1431 9;75 PRINTED IN V.S.H.
SURETY RIDER ECO INSURANCE COMPANY OF AMERICA_
GENERAL INSURANCE COMPANY OF AMERICA
� FIRST NATIONAL INSURANCE COMPANY
SAFECiO OF AMERICA
HOME OFFICE: SAFECO PLAZA
SEATTLE, WASHINGTON 98185
To be attached to and form a part of Bond No. 2966903
executed by Centex Homes Midwest, Inc. as
Principal and by Safeco Insurance Company of America as Surety,
in favor of Village of Elk Grove, Illinois
and effective as of December 6th, 1979
In consideration of the mutual agreements herein contained the Principal and the Surety hereby consent to changing
the penal amount
From: '<*SEVEN THOUSAND AND NO/100'S*'x($7,000.00)*
To:
**SEVEN THOUSAND FIVE HUNDRED AND NO/100's"*($7,500.00)*
Nothing herein contained shall vary, alter or extend any provision or condition of this bond except as herein expressly
h
stated. This rider is effective on the 6tday of December 19 80
Signed and sealed this 4th day of ecem er 198u—
Centex Homes Midwest, Inc.
Accepted:
By
QI
Safdco Insurance Company of America Title
-waived- By —�
Obligee /
Title l(
/ v I
I,. wiq90
Attorney -in -Fact
5-443 R8 11/76 PRINTED IN U.S.A.