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RESOLUTION NO. 57-74 <br /> A RESOLUTION ACCEPTING AND PLACING ON FILE A PERFORMANCE BOND FROM <br /> SAFECO INSURANCE COMPANIES, NO. 2437040 IN THE AMOUNT OF $1 ,259,300 <br /> FILED WITH THE VILLAGE BY CENTEn HOMES AND GUARANTEEING THE <br /> CONSTRUCTION OF PUBLIC IMPROVEMENTS IN WINSTON GROVE SUBDIVISION <br /> SECTION 21 <br /> NOW, THEREFORE , BE IT RESOLVED by the President and Board of Trustees <br /> of the Village of Elk Grove Village, Counties of Cook and DuPage, State of <br /> Illinois: <br /> Section l : That the President and Board of Trustees do hereby auth- <br /> orize the acceptance and placing on file of Performance Bond No. 2437040 in <br /> the amount of $1 ,259,300.00 from Safeco Insurance Companies to guarantee <br /> the construction of public improvements, streets and sanitary and storm <br /> sewers, water mains, retention pond, public sidewalks, street lights, street <br /> nams signs, and parkway trees, in Winston Grove Subdivision Section 21 , <br /> according to Plan No. 4521 dated June 1 , 1974 as prepared by Elk Grove <br /> Engineering Company, 33 Park and Shop Lane, Elk Grove Village, Illinois. <br /> Section 2: That this resolution shall be. .in full force. and effect <br /> from and after its passage and approval according to law. <br /> PASSED this 9th day of July 1974. <br /> APPROVED this 9th day of July 1974. <br /> Village Pregiden <br /> ATTEST: ^ vv <br /> Village Cler <br />