R-08-13 ACCEPTING PUBLIC IMPROVEMENTS AND REDUCING THE LTR OF CREDIT FOR PRAIRIE KNOLLVILLAGE OF LEMONT
RESOLUTION NO. R - g- 3
A RESOLUTION ACCEPTING PUBLIC IMPROVEMENTS AND REDUCING THE
LETTER OF CREDIT FOR THE PRAIRIE KNOLL SUBDIVISION
ADOPTED BY THE
PRESIDENT AND THE BOARD OF TRUSTEES
OF THE VILLAGE OF LEMONT
THIS I ITH DAY OF MARCH, 2013
PUBLISHED IN PAMPHLET FORM BY
AUTHORITY OF THE PRESIDENT AND
BOARD OF TRUSTEES OF THE VILLAGE OF
LEMONT, COUNTIES OF COOK, WILL AND
DUPAGE, ILLINOIS, THIS 11TH DAY OF
MARCH, 2013
RESOLUTION NO.�
A RESOLUTION ACCEPTING PUBLIC IMPROVEMENTS AND REDUCING THE
LETTER OF CREDIT FOR THE PRAIRIE KNOLL SUBDIVISION
WHEREAS, pursuant to the Lemont Unified Development Ordinance, an owner or
developer of a subdivision is required to deposit certain security or evidence thereof with the
Village of Lemont to guarantee the installation of public improvements; and
WHEREAS, in the matter of the Prairie Knoll subdivision, owned and developed by
Prairie Knoll, LLC, and located on Prairie Lane and 127`" Street, Irrevocable Letter of Credit No.
2053 was issued by Heritage Bank of Schaumburg in the amount of $52,500 and deposited with
the Village of Lemont to guarantee completion of public improvements in said subdivision; and
WHEREAS, on the 27ih day of February 2012. the President and the Board of Trustees
of the Village of Lemont reduced said letter of credit per Resolution R -13 -13 to $44,000; and
WHEREAS, Albert J. Kerelis, Jr. of Prairie Knoll, LLC has requested acceptance of
public improvements at the Prairie Knoll subdivision and has provided a Bill of Sale to the
Village; and
WHEREAS, Village Engineer James L. Cainkar inspected the improvements and
recommends acceptance of said subdivision and, in accordance with the Unified Development
Ordinance of 2008, the initiation of the two -year subdivision maintenance period;
NOW, THEREFORE BE IT RESOLVED by the President and Board of Trustees of
the Village of Lemont as follows:
Section 1. That the public improvements at Prairie Knoll subdivision are hereby
accepted.
Section 2. That the required two -year maintenance period shall hereby commence and
shall expire two years from the date of passage of this Resolution.
Section 3. That that Heritage Bank of Schaumburg Irrevocable Letter of Credit No. 2053
is hereby reduced to $34,173.00.
PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL, AND DU PAGE,
ILLINOIS, on this 11th day of March, 2011.
—2—
AYES NAYS PASSED ABSENT
Debby Blatzer v
Paul Chialdikas ✓
Clifford Miklos
Ron Stapleton
Rick Sniegowski
Jeanette Virgilio
ATTEST:
�4��
CHARLENE M. SMOLLEN, Village Clerk
—3—
me the day X March, 2013
c
Village President
BILL OF SALE
KNOW ALL MEN BY THESE PRESENTS, that p r a i r i e rno l l , T T C
an Illinois corporation (hereinafter referred to as the "Developer "), in consideration of ONE
DOLLAR ($1.00) and other valuable consideration, does hereby grant, sell, transfer and deliver
unto the VILLAGE OF LEMONT, an Illinois municipal corporation, the following goods,
chattels and other items of personal property in connection with the Prairie Knoll T o w n h v m e s
namely:
All public improvements located within the Prairie K o o t 1 subdivision located
(see attachment A ) , Village of Lemont, such public improvements
including but not limited to all sanitary sewer and water lines, all storm sewer lines, all
streets and street improvements, all curbing, all sidewalks, all street lights, signs, and
parkway trees.
The object of this Bill of Sale is to grant, sell, transfer and deliver to the Village, with the
exceptions noted, the ownership of all items of personalty that comprise the sanitary sewer, water
distribution system, and street system installed by the Developer to date within
P r a i r e Knoll Subdivision located( see a t t c h A) , Lemont, Il.
FURTHER BE IT KNOWN: That Developer does hereby covenant that it is the lawful
owner of the heretofore described goods, chattels and personality; that such items are free from
all encumbrances; that it has the right to sell the same as aforesaid; and that it warrants and will
defend the act of said corporation.
DATED at Lemont, Illinois this 2 2 day of February 201013 .
By:
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STATE OF ILLINOIS)
) SS.
COUNTY OF COOK )
I, P� 6" tka ssef\ a Nota� Public in and for said County, in the State of
Illinois, DO HEREBY CERTIFY that 1�� r 1ZPt e S -Sr is
personally known to me to be the same person and acknowledged that he signed, sealed and
delivered the said instrument as his free and voluntary act, for the uses and purposes therein set
forth.
Given under my hand and seal this day of Fp lb V o.F—/ 204 3 .
OFMCAL SEAL
AMMA0 HASSAN
NOTARY PUBLIC - STATE IF LLOM qk ef�
W COMM" EMPMUM5 otary Public
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PRAIRIE jor%OLL
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RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN. IN COON COUNTY, ILLINOI'
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