R-67-06 09/11/2006RESOLUTION NO. R' (07'61(
September 11, 2006
RESOLUTION AUTHORIZING LETTERS OF CREDIT REDUCTION
FOR THE GLENS OF CONNEMARA
WHEREAS, pursuant to the Subdivision Regulations, 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 such improvements; and
WHEREAS, in the matter of The Glens of Connemara Subdivision, located on the north
side of 131' street, approximately 1300 feet west of Bell Road, Letter of Credit #05- 10 -27- 401 -01
was issued by Midwest Bank and Trust in the amount of $811,102.00 and was deposited with the
Village of Lemont on October 27, 2005, and Letter of Credit #06- 05 -15- 401 -01 was issued by
Midwest Bank and Trust in the amount of $4,141,926.86 on May 15, 2006; and
WHEREAS, HomeWerks Development Company has requested reductions in both Letters
of Credit, bringing the balance of #05- 10 -27- 401 -01 to $82,743.00, and #06- 05 -15- 401 -01 to a
balance of $2,159,622.06; and
WHEREAS, a duly authorized agent of the Village of Lemont has inspected certain portions
of the improvement and has recommended reductions as requested; and
NOW, THEREFORE BE IT RESOLVED by the President and Board of Trustees of the
Village of Lemont that Letter of Credit #05- 10 -27- 401 -01 for The Glens of Connemara is hereby
reduced to a balance of $82,743.00, and Letter of Credit #06- 05 -15- 401 -01 is hereby reduced to a
balance of $2,159,622.06.
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 1 l th day of September, 2006.
Debby Blatzer
Peter Coules
Clifford Miklos
Brian Reeves
Ron Stapleton
Jeanette Virgilio
ATTEST:
AYES NAYS PASSED ABSENT
V
APPROVED by me this 11th day of September, 2006.
JOHN F PIAZZA, Village P /- dent
CHARLENE M. SMOLLEN, Village Clerk
G:\COMMUNITY DEVELOPMENT DEPTl200 - DEVELOPMENT \ CASE FILES 12005125-12 Homewerks (2) \Ordinances and Recorded Documents\LOC Reduction Resolution wpd
HomeWerks
D E V E L O P M E N T C O M P A N Y
July 28, 2006
Village of Lemont
418 Main Street
Lemont, IL 60439
Attention: James Brown
Community Development Director
Re: Letters of Credit
#05- 10 -27- 401 -01
#06- 05 -15- 401 -01
Dear Mr. Brown,
HomeWerks is requesting the following reductions in our current Letters of Credit,
regarding on -site work at the Glens of Connemara.
Letter of Credit #05- 10 -27- 401 -01
Mass Grading and Erosion Control.
Original Letter of Credit Amount $705,306 x 115% = $811,102
Item
Earthwork
Storm Sewer
Erosion Control
Original Amount Reduction
$462,669.65
$158,059.00
$ 84,577.81
$705,306.46
$455,297.25
$158,059.00
$ 20,000.00
$633,356.25
Reduced Letter of Credit Amount $71,950.21 x 115% = $82,743
Revised Total
$ 7,372.40
$ -0-
$64,577.81
$ 71,950.21
700 East Diehl Road • Suite 130 • Naperville, IL 60563 • Phone (630) 505 -2600 • Fax (630) 505 -1600
James Brown
Village of Lemont
July 27, 2006
Page 2
Letter of Credit #06- 05 -15- 401 -01
Site Improvements
Original Letter of Credit Amount $3,601,675.53 x 115% _ $4,141,926.86
Item Original Amount Reduction Revised Total
Pavement $1,255,058.23 -0- $1,255,058.23
Watermain $ 510,815.70 $406,475.70 $ 104,070.00
Storm Sewer $ 654,580.60 $654,580.60 $ -0-
Sanitary Sewer $ 662,417.00 $662,417.00 $ -0-
Miscellaneous $ 518,804.00 -0- $ 518,804.00
$3,601,675.53 $1,723,743.30 $1,877,932.23
Reduced Letter of Credit Amount $1,877,932.23 x 115% = $2,159,622.06
Should you have any questions, please feel free to call me at your convenience.
Si erely,
as W. Meer
Vice President
TWM /cmc
Cc: A. Palumbo
M. Cook
M. Henthorn
J. Cainkar
F i le: cc /LemontProj /J amesBron62106
C.M. LAVOIE & ASSOCIATES, INC.
1050 W. ROUTE 126
PLAINFIELD, ILLINOIS 60544
FINAL ENGINEERING (Site Improvements Tess Mass Grading and Erosion Control L.O.C. 09/0812005)
ENGINEER'S OPINION OF PROBABLE COST
PROJECT: THE GLENS OF CONNEMARA PROJECT MANAGER: MDC
LOCATION: 131ST STREET WEST OF BELL ROAD
LEMONT, ILLINOIS
CLIENT: HOMEWERKS DEVELOPMENT COMPANY
700 EAST DIEHL ROAD, SUITE 130
NAPERVILLE, IL 60563
ITEM: DESCRIPTION
PAVEMENT
DATE: 5/3/2006
PROJECT NUMBER: 03 -236
PER PLANS LAST REVISED: 5/5/2006
QTY UNIT UNIT PRICE AMOUNT
1 1 1/2 INCH BITUMINOUS SURFACE COURSE. CL I, TYPE 3 26,384 SY $4.20 $110,812.80
2 1 1/2 INCH BITUMINOUS BINDER COURSE, CL I, TYPE 2 26,384 SY $3.80 $100,127.28
3 6 INCH BITUMINOUS BASE COURSE, CL I, TYPE 1 26,384 SY $13.50 $356,184.00
4 4 INCH COMPACTED GRANULAR SUBBASE, TY 6 (CA -6) 31,480 SY $3.70 $116,476.00
5 M3.12 CURB AND GUTTER 18,353 LF $7.95 $145.906.35
6 PCC WALK, 5 INCHES THICK 97,828 SF $4.35 $425,551.80
Pavement Total $1,255,058.23
WATERMAIN
7 8 -INCH DIA, CL 52 WATER MAIN 5,581 LF $21.40 $119,433.40
8 8 -INCH DIA, PVC C -900 WATER MAIN 319 LF $25.00 $7,975.00
9 8 -INCH DIA, CL 52 WATER MAIN - ENCASED IN 16" DIA. STEEL PIPE 100 LF $92.00 $9,200.00
10 10 -INCH DIA, CL 52 WATER MAIN 164 LF $27.00 $4,428.00
11 12 -INCH DIA, CL 52 WATER MAIN 3,401 LF $31.00 $105,431.00
12 12 -INCH DIA, PVC C -900 WATER MAIN 273 LF 837.00 $10,101.00
13 12 -INCH DIA, CL 52 WATER MAIN - ENCASED IN 20" DIA. STEEL PIPE 130 LF $98.00 $12,740.00
14 6 -INCH DIA, CL 52 WATER MAIN 99 LF $17.70 51.752.30
15 1 1/2 INCH TY K SERVICE (LONG) 62 EA $1,125.00 $69.750.00
16 1 1/2 INCH TY K SERVICE (SHORT) 78 EA $440.00. $34,320.00
17 CONNECTION TO EXISTING 12 INCH OIWM 1 EA $1,240.00 $1,240.00
18 8 -INCH WATER VALVE W/ VALVE BOX 13 EA 8935.00 $12,155.00
19 10 -INCH WATER VALVE W/ VALVE BOX 1 EA $1,200.00 $1,200.00
20 12 -INCH WATER VALVE W/ 60 INCH VAULT 9 EA $2,710.00 $24,390.00
21 12 -INCH DIP VERTICAL OFFSET 3 EA $865.00 $2,595.00
22 8 -INCH DIP VERTICAL OFFSET 7 EA S575.00 $4.025,00
23 FIRE HYDRANT W/ AUXILARY VALVE 33 EA $2,525.00 883,325.00
24 TRENCH BACKFILL (CA -6) 350 CY $19.30 $6,755.00
Watermain Total $510,815.70
STORM SEWER
25 48 -INCH DIA. ADS N -12 STORM SEWER 293 LF $77.00 $22,561.00
26 42 -INCH DIA. ADS N -12 STORM SEWER 350 LF $62.50 $21,875.00
27 36 -INCH DIA. ADS N -12 STORM SEWER 310 LF $55.00 $17,050.00
28 30 -INCH DIA. ADS N -12 STORM SEWER 881 LF $42.20 $37,178.20
29 24 -INCH DIA. ADS N -12 STORM SEWER 951 LF $30.10 $28,625.13
30 18 -INCH DIA. ADS N -12 STORM SEWER 1,627 LF $23.40 $38,071.80
31 15 -INCH DIA. ADS N -12 STORM SEWER 630 LF $818.80 $11,844.00
32 12 -INCH DIA. ADS N -12 STORM SEWER 4,700 LF $18.75 $88,125.00
33 48 -INCH DIA. RCP STORM SEWER 340 LF $78.70 $26,758.00
34 42 -INCH DIA. RCP STORM SEWER 337 LF $64.80 $21,837.00
35 36 -INCH DIA. RCP STORM SEWER 648 LF $56.50 $36,612.60
36 30 -INCH DIA. RCP STORM SEWER 602 LF $42.40 $25,524.80
37 30 -INCH DIA. PVC SDR 26 - D2241 74 LF $105.00 $7,770.00
38 24 -INCH DIA. RCP STORM SEWER 1,597. LF $31.00 $49,507.00
39 24-INCH DIA. PVC SDR 26 - 02241 50 LF $71.00 $3,550.00
40 18 -INCH DIA. RCP STORM SEWER 390 LF $23.50 $9,165.00
41 15 -INCH DIA. RCP STORM SEWER 1,225 LF $19.70 $24,132.50
42 12 -INCH DIA. RCP STORM SEWER 3,060 LF $18.00 $55,080.00
43 48 -INCH DIA. RC FLARED END SECTION W/ TRASH GRATE 2 EA $2,077.00 $4,154.00
44 36 -INCH DIA. RC FLARED END SECTION VV/ TRASH GRATE 12 EA $1,405.00 $16,860.00
Q:lproj03103- 236\Engineering CalcslCost Estimate \Cost Estimate 050306.xis Page 1
C.M. LAVOIE & ASSOCIATES, INC.
1050 W. ROUTE 126
PLAINFIELD, ILLINOIS 60544
FINAL ENGINEERING (Site Improvements Tess Mass Grading and Erosion Control L.O.C. 09/0812005)
ENGINEER'S OPINION OF PROBABLE COST
PROJECT: THE GLENS OF CONNEMARA
LOCATION: 131ST STREET WEST OF BELL ROAD
LEMONT, ILLINOIS
CLIENT: HOMEWERKS DEVELOPMENT COMPANY
700 EAST DIEHL ROAD, SUITE 130
NAPERVILLE, IL 60563
ITEM: DESCRIPTION
45 24 -INCH DIA. RC FLARED END SECTION W/ TRASH GRATE
46 30 -INCH DIA. RC FLARED END SECTION W/ TRASH GRATE
47 15 -INCH DIA. RC FLARED END SECTION W/ TRASH GRATE
48 12 -INCH DIA. RC FLARED END SECTION W/ TRASH GRATE
49 72 -INCH CATCH BASIN, TY A W / F &G
50 60 -INCH CATCH BASIN, TY A W / F &G
51 48 -INCH CATCH BASIN, TY A W / F &G
52 24 -INCH CATCH BASIN, TY C W / F &G
53 3' -8" X 6' -0" CB TY B, W / TY -7 F &G
54 60 -INCH MANHOLE TY A W /F &G
55 48 -INCH MANHOLE TY A W /F &G
56 SPECIAL MANHOLE, TY A W1 F &G AND 48 -INCH RISER PIPE (LS -63)
57 TRENCH BACKFILL
SANITARY SEWER
58 8 -INCH DIA. PVC SDR -26 D2241SANITARY SEWER
59 8 -INCH DIA. PVC SDR -18 C900 SANITARY SEWER
60 10 -INCH DIA. PVC SDR -18 C900 SANITARY SEWER
61 6 -INCH DIA. PVC SDR -26 D2241 SANITARY SERVICE (LONG)
62 6 -INCH DIA. DIP SANITARY SERVICE (LONG)
63 6 -INCH DIA. PVC SDR -26 D2241 SANITARY SERVICE (SHORT)
64 6 -INCH DIA. DIP SANITARY SERVICE (SHORT)
65 48 INCH MANHOLE, TY A W/ FRAME AND CLOSED LID
66 48 INCH MANHOLE, TY A W/ FRAME AND CLOSED LID (DROP)
67 60 INCH MANHOLE, TY A W/ FRAME AND CLOSED LID
68 60 INCH MANHOLE, TY A W/ FRAME AND CLOSED LID (DROP)
69 TRENCH BACKFILL
MISCELLANEOUS
70 STREET LIGHTS
71 PARKWAY TREES - 40 FEET ON CENTER
72 LIMESTONE PATH
73 SODDING (DETENTION)
74 SODDING (PARKWAY)
Less
PROJECT MANAGER: MDC
DATE: 5/3/2006
PROJECT NUMBER: 03 -236
PER PLANS LAST REVISED: 5/5/2006
OTY UNIT UNIT PRICE
1 EA $900.00
1 EA $1,200.00
2 EA $595.00
9 EA $560.00
1 EA 93,600.00
37 EA $1,755.00
71 EA $1,260.00
42 EA $560.00
1 EA $5,000.00
15 EA $1,600.00
11 EA $1,285.00
4 EA $3,510.00
1,002 CY $19.30
total from L.O.C. dated 09/08/2005
Storm Sewer Total
7,546
549
2,045
74
12
47
7
34
4
6
4
2,198
25
459
25,542
30,464
32,876
LF $24.60
LF $34.00
LF $48.40
EA $1,880.00
EA $2,350.00
EA $465.00
EA $865.00
EA $1,785.00
EA $3,945.00
EA $2,930.00
EA $6,860.00
CY $19.30
Sanitary Sewer Total
EA $2.500.00
EA $400.00
SF $2.00
SY $3.50
SY $3.50
Miscellaneous Total
Subtotal:
AMOUNT
$900.00
$1,200.00
$1,190.00
$5,040.00
$3,600.00
564.935.00
$89,460.00
$23,520.00
$5,000.00
$24,000.00
$14,135.00
$14,040.00
$19,338.60
$812,639.60
- $158,059.00
9654,580.60
$185,631.60
$18,666,00
998,978.00
9139.120.00
$28,200.00
$21,855,00
$6,055.00
$60,690.00
$15,780.00
$17,580.00
$27,440.00
$42,421.40
9662,417,00
$62,500.00
$183,530.00
$51,084.00
$106,624.00
$115,066.00
$518,804.00
$3,601,675.53
115% Letter of Credit Amount: $4,141,926.86
Q:1proj03103- 236lEngineering Calcs\Cost Estimate \Cost Estimate 050306.xis Page 2
t
C.M. LAVOIE & ASSOCIATES, INC.
1050 WEST ROUTE 126
PLAINFIELD, ILLINOIS 60544
FINAL ENGINEERING (MASS GRADING AND EROSION CONTROL ONLY)
ENGINEER'S OPINION OF PROBABLE COST
PROJECT NAME : THE GLENS OF CONNEMARA (MASS GRADING AND EROSION CONTROL PLANS)
LOCATION : 131ST STREET WEST OF BELL ROAD
LEMONT, ILLINOIS
CLIENT NAME :
HOMEWERKS DEVELOPMENT COMPANY
700 EAST DIEHL ROAD, SUITE 130
NAPERVILLE, IL 60563
ITEM NUMBER DESCRIPTION
EARTHWORK
1 CLEARING AND GRUBBING
TOPSOIL EXCAVATION
2 STOCKPILE FOR RESPREAD
3 TO NONSTRUCTURAL FILL
CLAY EXCAVATION
4 TO STRUCTURAL FILL
5 BACKFILL CURBS
6 TOPSOIL RESPREAD (6" TYP)
STORM SEWER
7 18 -INCH DIA. ADS STORM SEWER 109 LF $18.00 91,962.00
8 15 -INCH DIA. ADS STORM SEWER 90 LF $15.00 $1,350.00
9 12 -INCH DIA. ADS STORM SEWER 1,441 LF $12.00 $17,292.00
10 48 -INCH CIA. ADS STORM SEWER 293 LF $55.00 $16,115.00
11 12 -INCH DIA. RCP STORM SEWER 210 LF $21.00 $4,410.00
12 48 -INCH DIA. RC FLARED END SECTION WY TRASH GRATE 1 EA $1,750.00 $1,750.00
13 18 -INCH DIA. RC FLARED END SECTION W/ TRASH GRATE 2 EA $650.03 61,300.00
14 12 -INCH DIA. RC FLARED END SECTION W/ TRASH GRATE 4 EA 6400.00 $1,600.00
15 48 -INCH CATCH BASIN, TY A W / FRAME AND GRATE 19 EA $1,320.00 $25,080.00
16 48 -INCH MANHOLE TY A W /FRAME AND GRATE 2 EA $1,200.00 $2,400.00
17 48 -INCH MANHOLE TYA VV/FRAME AND GRATE AND 48 -INCH RISER PIPE 4 EA $5.000.00 $20,000.00
18 6' X 2' RCP BOX CULVERTS 648 LF $100.00 664,800,00
$158,059.00
PROJECT MANAGER: MDC
PROJECT ENGINEER: JRE
DATE: 9/8/2005
PROJECT NUMBER: 03 -236
PER PLANS LAST REVISED: 9/6/2005
QUANTITY UNIT UNIT PRICE AMOUNT
1 LS $17,000.00 617,003.00
59.264 CY 61.65
$97 785.60
54,431 CY $1.65
$89.811.15
115,819 CY $2.00 $231,638.00
18,431 LF $0.40 $7,372.40
7,625 CY $2.50 619,062.50
$462,669.65
EROSION CONTROL
19 SILT FENCE 11,069 LF $1.40 615.496.81
20 OUTLET RIP -RAP 62 SY 651.00 $3,162.00
21 BARRIER FILTER FABRIC 19 EA 611.00 $209.00
22 18 INCH RIP RAP (SHORELINE STABILIZATION) 1,210 SY $51,00 661,710.00
23 STABILIZED ENTRANCE 2 EA 52,000.00 64,000.00
$84,577.81
PROJECT TOTAL: $705,306.46
6/20/2006 Cost Estimate MASS GRADING 8 EROSION PLANS 090805. xis Page 1 011