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RESOLUTION NO. _ 77-73 <br /> A RESOLUTION AUTHORIZING ACCEPTANCE OF PERFORMANCE BOND NO. 12-0120-879-73 <br /> IN THE AMOUNT OF $245,079. 15, FROM THE BIANCO CONSTRUCTION COMPANY FOR <br /> THE PERRIE GROVE SUBDIVISION <br /> i <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 1 . That the President and Board of Trustees do hereby authorize <br /> acceptance of a Five Year Performance Bond No. 12-0120-879-72 in the amount of <br /> $245,079. 15 from the United States Fidelity and Guaranty Company to guarantee <br /> the construction of street improvements, sidewalks, erection of street name <br /> signs, trees, sanitary sewers , water mains , storm sewers and light poles by <br /> the Bianco Construction Company in a proposed subdivision known as Perrie <br /> Grove Apartments, located on the north side of Landmeier Road, in Elk Grove <br /> Village, Illinois, which improvements are fully described on Plans and Speci- <br /> fications prepared by R. B Neukranz & Associates, Civil Sections, and dated <br /> April 12, 1972. <br /> Section 2. That this resolution shall be in full force and effect from <br /> and after its passage and approval according to law. <br /> PASSED this 3rd day of July 1973 . <br /> APPROVED this 3rd day of July /f 1973. <br /> Village Pre dent <br /> ATTEST: <br /> Viliage Clerh <br />