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RESOLUTION NO. 36-75 <br />A RESOLUTION ACCEPTING AND PLACING ON FILE A PERFORMANCE BOND FROM <br />NATIONAL INDEMNITY COMPANY GPN31060 IN THE AMOUNT OF $19,000 <br />FILED WITH THE VILLAGE BY HARDIMAN & O'TOOL BUILDERS AND GUARAN- <br />TEEING THE CONSTRUCTION OF PUBLIC IMPROVEMENTS IN SLAUF-NOVAK SUB- <br />DIVISION AND MOLLY -ANN RESUBDIVISION <br />NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of <br />the Village of Elk Grove Village, Counties of Cook and DuPage, State of Illinois: <br />Section 1: That the President and Board of Trustees do hereby authorize the <br />acceptance and placing on file of Performance Bond GPN31060 in the amount of <br />$19,000.00 from National Indemnity Company to guarantee the construction of storm <br />sewers, water mains, public sidewalks, and parkway trees, in the Slauf-Novak <br />Subdivision and Molly -Ann Resubdivision according to Drawing numbers 73-27 and <br />72-37, sheets 1-5 and S -S -W-1, dated January 6, 1975 as prepared by Fletcher <br />Engineering Company, 450 Lee Street, Des Plaines, Illinois. <br />Section 2: That this resolution shall be in full force and effect from and <br />after its passage and approval according to law. <br />PASSED this <br />6th <br />day <br />of <br />May <br />1975. <br />APPROVED this <br />6th <br />day <br />of <br />May <br />1975. <br />ATTEST: <br />Village,Clerk <br />