R-29-07 02/26/2007VILLAGE OF LEMONT
RESOLUTION No. JQ ' Q_ci ` 0 7
A RESOLUTION AUTHORIZING ACCEPTANCE OF PUBLIC IMPROVEMENTS
FOR COVINGTON KNOLLS SUBDIVISION - TOWNHOUSE UNIT 2
ADOPTED BY THE
PRESIDENT AND THE BOARD OF TRUSTEES
OF THE VILLAGE OF LEMONT
THIS 26TH DAY OF FEBRUARY, 2007
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 26TH DAY OF
FEBRUARY, 2007
VILLAGE OF LEMONT
RESOLUTION NO. !e pp
A RESOLUTION AUTHORIZING ACCEPTANCE OF PUBLIC IMPROVEMENTS
FOR COVINGTON KNOLLS SUBDIVISION - TOWNHOUSE UNIT 2
WHEREAS, the Village of Lemont has adopted Ordinance 456, the Subdivision
Regulations of the Municipal Code, to provide for the orderly growth of the Village and those
territories within one and one half miles of the corporate limits; and
WHEREAS, in accordance with Section X of the Subdivision Control Ordinance, the
Village Board of Trustees shall consider requests to accept public improvements upon completion
of same; and
WHEREAS, Gallagher & Henry, the developer of property known as "Covington Knolls
Subdivision, Townhouse Unit 2 has submitted a bill of sale and has petitioned the Village for
acceptance of the public improvements in said subdivision; and
WHEREAS, Village Staff and Village Engineer have reviewed Covington Knolls
Subdivision, Townhouse Unit 2 improvements for compliance with approved plans, the Lemont
Subdivision Control Ordinance, and the Covington Knolls Consent Decree, and recommended
approval of the request with conditions; and
WHEREAS, the Village will release Letter of Credit S519167, to guarantee installation of
the public improvements since they have been found to be satisfactory, excepting a letter of credit
maintenance guarantee for a period of two years from the date of acceptance.
NOW, THEREFORE, BE IT RESOLVED, that the Village of Lemont President and
Board of Trustees hereby accept Covington Knolls Subdivision Townhouse Unit 2 in accordance
with the terms of the Lemont Subdivision Control Ordinance subject to the conditions listed
below:
1. A two year maintenance guarantee shall be posted in the amount of $46,122, equal to
ten percent of the original engineer's estimate of probable cost, in the form of a bank
letter; and
-2-
2. A bill of sale must be provided.
PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, DuPAGE AND WILL,
ILLINOIS, on this 26th day of February, 2007.
AYES NAYS ABSTAIN ABSENT
Debby Blatzer t/
Peter Coules I�
Clifford Miklos V
Brian Reaves V
Ron Stapleton
Jeanette Virgilio
Approved by me this 26th day of February, 2007.
JOHN . PIAZZA, Vi lage r sident
Attest:
CHARLENE SMOLLEN, Village Clerk
M:\COMMUNITY DEVELOPMENT DEPT \200 - DEVELOPMENT \ 270 - Letters of Credit \2007 Resolutions LOC\Covington Knolls SF Unit 5.wpd