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HomeMy WebLinkAboutRESOLUTION - 29-81 - 4/28/1981 - MAINTENANCE BOND/ON SITE SANITARY SEWERRESOLUTION NO. 29-81 A RESOLUTION ACCEPTING RENEWAL OF A ONE YEAR INTERIM MAINTENANCE BOND NO 2200580 FROM NATIONAL -BEN FRANKLIN INSURANCE COMPANY OF ILLINOIS IN THE AMOUNT OF $21,000.00 FOR THE COMPLETED ON-SITE SANITARY SEWER, STORM SEWER AND WATERMAINS AT THE SHENANDOAH (LANCER) SUBDIVISION 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 l: That the President and Board of Trustees do hereby authorize acceptance and placing on file of a renewal of an Interim Maintenance Bond No. 2200580 in the amount of $21,000.00,expiring April 11, 1982, from National - Ben Franklin Insurance Company of Illinois, guaranteeing the maintenance of the completed on-site sanitary sewer, storm sewer and watermains at the Shenandoah (Lancer) Subdivision Phase 1, for one additional year. As shown on Engineering Plans No. 6859 dated June 16, 1978 and as revised, prepared by Elk Grove 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 28th day of April 1981. APPROVED this 28th day of April 1981. Charles J. Zettek Village President ATTEST: Fay M. Bishop Village Clerk