R-87-24 Authorizing the Release of a Subdivision/Site Improvement Bond for Notting Hill (Beechen & Dill)TENLUNT
9- 3-7 -.2 q
418 Main Street I Lemont, IL 60439
TO:
Village Board Meeting
FROM:
Jason Berry, Community Development
THROUGH:
SUBJECT:
A Resolution Authorizing the Release of a Subdivision/Site Improvement
Bond for Notting Hill (Beechen & Dill)
DATE:
November 25, 2024
SUMMARY/BACKGROUND
The Village of Lemont is approving the release of the subdivision/site improvement bond for
the Notting Hill Subdivision following the expiration of the two-year maintenance period. This
action is based on the recommendation of the Village Engineer, who certified that all
conditions tied to the bond have been met, and no further action is required by the developer,
Beechen & Dill Homes. The bond, in the current amount of $60,308.55, is being reduced to $0
and released. The approval is supported by a formal letter from the Village Engineer, Bruce A.
Hill, P.E. of HR Green, Inc., confirming that the maintenance obligations have been fulfilled
and that the subdivision is ready for full turnover to the Village.
The resolution reflects the Village's acceptance of the public improvements as compliant with
its standards, signifying the completion of all responsibilities associated with the bond
ANALYSIS
Consistency with Village Policy
STAFF RECOMMENDATION
Motion to Approve.
BOARD ACTION REQUESTED
Motion to Approve.
ATTACHMENTS
A Resolution Authorizing the Release of a Subdivision/Site Improvement Bond for Notting Hill
(Beechen & Dill)
VILLAGE OF LEMONT
RESOLUTION
NUMBER R- V -24
A RESOLUTION AUTHORIZING THE RELEASE OF A
SUBDIVISION/SITE IMPROVEMENT BOND FOR NOTTING HILL
(Beechen & Dill)
JOHN EGOFSKE, Village President
CHARLENE M. SMOLLEN, Clerk
JANELLE KITTRIDGE
DA VE MAHER
KEN NICCLAFFERTY
KEVIN SHA UGHNESSY
RICK SNIEGOWSKI
RON STAPLETON
Trustees
Published in pamphlet form by authority of the Village President and Board of Trustees of the Village of Lemont on - 6-2024
RESOLUTION NO. R- T124
A RESOLUTION AUTHORIZING THE RELEASE OF A
SUBDIVISION/SITE IMPROVEMENT BOND FOR NOTTING HILL
(Beechen & Dill)
WHEREAS, pursuant to the Lemont Unified Development Ordinance of 2008 ("UDO"),
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, certain real property has been dedicated to the Village, as depicted on the
Notting Hill Plat of Subdivision (attached hereto as Exhibit A), for the purpose of public
infrastructure; and
WHEREAS, in the matter of the Notting Hill Subdivision, owned and developed by the
Notting Hill, LLC, located generally south of 127th Street and east of State Street, a
Subdivision/Site Improvement Bond No. EACX4003475 was issued by Endurance Insurance
Corporation in the amount of $60.308.55 to guarantee completion of public improvements in said
subdivision; and
WHEREAS, Scott D. Schreiner, PE, of Designtek Engineering, Inc., on behalf of Notting
Hill, LLC, developer of the Notting Hill subdivision, requested acceptance of public
improvements in Notting Hill and provided a Bill of Sale in connection with same, and said public
improvements were accepted by the Village pursuant to Resolution No. R-73-22, adopted
November 28`", 2022; and
WHEREAS, the subdivision maintenance period mandated by the Lemont UDO has
expired with no further action being required, thereby warranting a full reduction and release of
the aforementioned letter of credit.
NOW, THEREFORE BE IT RESOLVED by the Village President and Board of
Trustees of the Village of Lemont, Cook, Will, and DuPage Counties, Illinois, as follows:
SECTION 1: RECITALS
That the above recitals and legislative findings are found to be true and correct and are
hereby incorporated herein and made a part hereof, as if fully set forth in their entirety.
SECTION 2:
Subdivision/Site Improvement Bond No. EACX4003475 issued by Endurance Insurance
Corporation in the current amount of $60,308.55 shall be reduced to the amount of $0.00 (Zero)
and released.
ADOPTED this day of Ndkmbe2024.
PASSED AND APPROVED BY THE VILLAGE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL, AND
DUPAGE, ILLINOIS, ON THIS DAY OFvI emi W , 2024.
VILLAGE PRESIDENT AND VILLAGE BOARD MEMBERS:
AYES: NAYS
Janelle Kittridge
Dave Maher
Ken McClafferty
Kevin Shaughnessy
Rick Sniegowski
Ron Stapleton
Attest:
,r
9
Charlene M. Smollen, Vill ge Clerk
ABSENT: ABSTAIN:
Approved. -
John Egofske, Village President
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