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RESOLUTION NO. 108-73 <br />A RESOLUTION ACCEPTING A PERFORMANCE BOND FROM SAFECO <br />INSURANCE COMPANY GUARANTEEING THE CONSTRUCTION OF <br />PUBLIC IMPROVEMENTS IN THE HODLMAIR SUBDIVISION <br />NOW, THEREFORE, BE 11' RESOLVED by the President and Board of <br />Trustees of the Village of Elk Grove Village, Counties of Cook and <br />DuPage, State of Illinois: <br />Section 1. That the President and Board of Trustees do hereby <br />authorize acceptance of Performance Bond No. 2040575 in the amount of <br />$85,000.00 from SAFECO Insurance Company to guarantee the construction <br />of public improvements sanitary sewer, water main, storm sewer, curbs, <br />sidewalks, pavement, street lighting and parkway trees in the C.A. <br />Hodlmair Subdivision, located south of Cosman Road and west of Arlington <br />Heights Road in Elk Grove Village, Illinois, which improvements are <br />fully described on engineering drawings prepared by Pearson, Brown and <br />Associates, inc., Consulting Engineers, 8058 Milwaukee Avenue, Niles, <br />Illinois, dated and revised May 12, 1972• <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 11th day of ^ September , 1973. <br />APPROVED this 11th day of <br />ATTEST: <br />Village Clerk <br />