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R-29-03 05/12/03VILLAGE OF LEMONT RESOLUTION NO. _S DATE: A RESOLUTION APPROVING ACCEPTANCE OF PUBLIC IMPROVEMENTS IN ROLLING MEADOWS; SUBDIVISION 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, Mr. & Mrs. John Jurinek, New Horizon Homes, representing Jurinek and Riskus, the developer of property known as Rolling Meadows, 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 Rolling Meadows improvements for compliance with approved plans and the Lemont Subdivision Control Ordinance and the Rolling Meadows annexation agreement, and recommended approval of the request; and WHEREAS, the Village will release securities held 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 one year from the date of acceptance. NOW, THEREFORE, BE IT RESOLVED, that the Village of Lemont President and Board of Trustees hereby accept Rolling Meadows in accordance with the terms of the Lemont Subdivision Control Ordinance subject to the following condition: A one year maintenance guarantee shall be posted equal to five percent of the original estimate of probable cost, of $95,870.00 in the form of a bank letter of credit. 1 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, DuPAGE AND WILL, ILLINOIS, on this 12th day of May, 2003. .alriSenik- Debby Blatzer Peter Coules Brian Reaves Stephen Rosendahl Ronald Stapleton Jeanette Virgilio Attest: AYES k/ NAYS PASSED ABSENT Approved by me this 12th day of May, 2003 CHARLENE SMOLLEN, Village Clerk H: \RESOLUTI \2003 \rollmead.acc.wpd '2• 25 0111.11110111M41111011 n .1121 rum ISSIONT TOWNSHIP ICH SCHOOL R-1 IT COM Etisorr, RIGHT