HomeMy WebLinkAboutRESOLUTION - 17-78 - 3/14/1978 - LETTER OF GUARANTEE/PUBLIC IMPROVEMENTSRESOLTUION No. 17-78
A RESOLUTION ACCEPTING A LETTER OF GUARANTEE IN THE AMOUNT OF $1,530,815.43
IN LIEU OF A PERFORMANCE BOND FROM ALLIANCE SAVINGS AND LOAN ASSOCIATION,
GUARANTEEING THE CONSTRUCTION OF PUBLIC IMPROVEMENTS FOR PARKVIEW HEIGHTS
SUBDIVISION LOCATED WEST OF ROHLWING ROAD AND SOUTH OF BIESTERFIELD ROAD
NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of
the Village of Elk Grove Village, Counties, of Cook and Du Page, State of Illinois:
Section 1. That the President and Board of Trustees do hereby authorize the
acceptance of a Letter of Guarantee in the amount.of $1,530,815.43 in lieu of a
Performance Bond, from Alliance Savings and Loan Association, guaranteeing the
construction of public improvements as required in the Subdivision Control Ordinance
at the Parkview Heights Subdivision, said improvements as shown on Exhibit "A"
attached hereto and made a part hereof. Said property located on the West side
of Rohlwing Road and South of Biesterfield Road in Elk Grove Village.
Section 2. The Letter of Guarantee also guarantees that if the improvements
are not completed by September 9, 1980, at the demand of the Village of Elk Grove
Village said funds will be released for the purpose of completing the requirements
as specified in Exhibit "A" attached hereto and made a part hereof as if fully set
forth.
Section 3. That this resolution shall be in full force and effect from and
after its passage and approval according to law.
PASSED this 14th day of March I, 1978.
APPROVED this 14th day of March
ATTEST:
Village rk
1978.
Ei4GINEER'S ESTIraTE OF COST
PARKVIEW HEIGHTS SUBDIVISION
ELK GROVE VILLAGE, ILLINOIS
PROJECT NO. 6520-4
SANITARY SEWER
2-21-78 gx#ya„ A
Item
Quantity
Unit
Description
Unit Price
Total Cost
1.
9,750
L.F.
8" Truss Pipe
$ 8.25
$80,437.50
2.
47
Ea.
48" Dia. Manhole
520.00
249440.00
3.
1,550
L.F.
Sand Backfill
5.00
7,750.00
4.
4
Ea.
Connection to existing
manhole
200.00
800.00
5.
134
Ea.
Short Service Complete
120.00
16,080.00
6.
126
Ea.
Long Service Complete
450.00
56,700.00
TOTAL ESTIMdA PE OF COST FOR
SANITARY
SEWER
$186,207.50
WA TEiv lA IN
1.
1,950
L.F.
12" D.I.W.i•,. (Incl.
fittings)
$ 15.50
$30,225.00
2.
11,500
L.F.
8" D.I.W.i•,.(Incl.
fittings)
10.50
120,750.00
3.
100
L.F.
6" D.I.W.m.(Incl.
fittings)
9.20
920.00
4.
38
Ea.
Fire Hydrant w/auxiliary
valve
700.00
26,600.00
5.
4
Ea.
12" Gate Valve
700.00
2,800.00
6.
10
Ea.
8" Gate Valve
325._00
3,250.00
Aa
7.
11
Ea.
8" Gate Valve & 48" Dia.
Vault
825.00
9,075.00
8.
2
Ea.
12"x8" Pressure Connection,
Incl. 60" Vault
1500.00
3,000.00
9.
1
Ea.
8"x8" Pressure Connection,
Incl. 48" Vault
1200.00
11200.00
10.
2
Ea.
Connection to existing
12" water main
500 -CO
1,000.00
11.
130
L.F.
Auger & Push
90.00
11,700.00
12.
8,200
L.F.
Sand Backfill
5.00
41,000.00
2-21-78
GINEER'S ESTIMATE OF COST -,on't)
PROJECT NO. 6520-4
WATERNiAIN (con't)
Item quantity Unit Description Unit Price Total Cost
13. 139 Ea. Short Services Complete $120.00 $16,680.00
14. 121 Ea. Long Services Complete 290.00 35,090.00
TOTAL ESTIMATE OF COST FOR WATERkAIN$303,290.00
STORM SEWER
1.
81150
L.F.
10" R.C.C.P.(Incl.fittings$ 7.00
$57,050.00
2.
800
L.F.
12" R.C.C.P, " "
8.00
6,400.00
3,
385
L.F.
15" R.C.C.P. w9.00
3,465.00
4.
1,000
L.F.
18" R.C.C.P. " 7
10.80
10,800.00
5.
1,100
L.F.
24" R.C.C.P. " "
17.00
18,700.00
6.
1,070
L.F.
27" H.C.C.P. " "
20.00
21,400.00
7.
500
L.F.
30" R.C.C.P. " "
21.00
10,500.00
8.
250
L.F.
48" R.C.C.P. " "
38.00
9,500.00
9.
900
L.F.
54" R.C.C.P. " "
43.00
38,700.00
10.
600
L.F.
6" C.M.P.(perforated)
5.75
3,450.00
11.
40
L.F.
8" C.M.P.
8.00
320.00
12.
200
L.F.
15" C.M.P.
10.60
2,120.00
13.
4
Ea.
15" C.M.P. End Section
70.00
280.00
14.
9
Ea.
60" Dia. Manhole
760.00
61840.00
15.
22
Ea.
48" Dia. kanhole 520.00
11,440.00
16.
37
Ea.
48" Dia. Inlet Manhole
520.00
19,240,00
17.
50
Ea.
24" Dia. Inlet
250.00
12,500.00
18.
1
Ea.
Special Structure 'B'
1000,00
1,000.00
19.
1
Ea.
Storm Outfall Structure
1000.00
1,000.00
Cpte.
20.
5,000
L.F.
Sand Backfill
5.00
25,000.00
TOTAL ESTIMATE OF COST
FOR STORM
SEWER
$259,705.00
GRAND TOTAL ESTIMATE OF
COST FOR
SANITARY, STORM & WATERkAIN
$749,202.50
2-21-78
ENGINEER'S ESTIMATE OF COST
PAflKVIEW HEIGHTS SUBDIVISION
ELK GROVE VILLAGE, ILLINOIS
PROJECT NO. 6520-4
PAVEMENT
Item (�uantitY Unit Description Unit Price Total Cost
1.
7,400
S.Y.
1" Bit.Conc. Surface
Course, 2" Bit.Conc.
Binder Course, 8t"
Pozzolanic Base Course
$ 8.09
2.
31,200
S.Y.
1" Bit.Conc.Surface
Course, 2" Bit.Conc.
Binder Course, 6}"
Pozzolanic Base Course
7.16
3.
750
S.Y.
2" Bit.Conc. Surface
Course
2.26
4.
750
S.Y.
8" Bit.Aggregate Mixture
Base Course
9.25
5.
24,200
L.F.
Combination Concrete
Curb & Gutter
4.70
6.
113,800
S.F.
5" P.C.C. Sidewalk
1.21
TOTAL ENGINEER'S ESTIMATE
OF COST
FOR PAVEMENT
$ 59,866.00
223,392.00
1,695.00
6,937.50
113,740.00
137,698.00
$543,328.50
ENG INEE:i'S ES LIi�IATE OF COST
PAicKVIEW HEIGHTS SUBDIVISION
ELK GROVE VILLAGE, ILLINOIS
PROJECT NO. 6520-4
EARTH EXCAVATION
2-21-78
Itei,; quantity Unit
Description
Unit Price
Total Cost
1. 129,486 C.Y.
Earth Moving Cut & Fill
$ 1.10
$142,434.60
2. 1 Lump Sum
Fine Grading for pavement
9200.00
9200.00
TOTAL ENGINEER'S ESTIMATF
OF COST
FOR EARTH EXCAVATION
$151,634.60
i -,IS CELLANEOUS
1. 400
2. 29
Each frees $ 60.00 $ 24,000.00
Erich Street Lighting 1500.60 43,500.00
TOTAL ENGINEER'S ESTIriATE OF COST
FOR b,ISCELLtiNEOUS $ 67,500.00
GRAND TOTAL ENGINEER'S ESTIviATE OF
COST FOR PUBLIC L•PaOVEmE NTS $1,511,665.00