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R-74-00 07/24/00RESOLUTION k A RESOLUTION AUTHORIZING AND APPROVING THE RELEASE OF A PERFORMANCE BOND FOR KELLY'S CONTRACTORS WHEREAS, the Village of Lemont has filed an Action in the Circuit Court of Cook County against FRANK LONIELLO, individually and d/b /a KEYSON CORPORATION, and other Defendants, captioned as Case No. 95 M5 2330; and WHEREAS, an Injunction Order has been issued restraining the Defendant from depositing any debris or construction material and authorizing the Village to remove any and all debris; and WHEREAS, the Village of Lemont has engaged the services of Kelly's Contractors, Corp., with the consent of the Defendants, to remove all stone and debris stockpiled on the subject property; and WHEREAS, Kelly's Contractors, Corp. has completed the material crushing and removal services as set forth in the Village's proposal and has requested the Village to close out the Performance Bond (No. B123- 70183) in the amount of $100,000 by Statewide Insurance of Waukegan, IL dated March 11, 1997. NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of the Village of Lemont, Cook, Will and DuPage Counties, Illinois, that the Performance Bond for Kelly's Contractors, Corp. as above described, is hereby released. This Resolution shall be in full force and effect from and after its passage and approval as provided by law. 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 a 44-4` day of L ` , 2000. John Benik Debby Blatzer Keith Latz Connie Markiewicz Rick Rimbo Mary Studebaker Approved by me this a 404 day of AYES NAYS PASSED ABSENT V HA r4i ENE SMOLLEN, Village Clerk 2000. it A ARD I Wes` SKI, illage President Attest: CHARLENE SMOLLEN, Village Clerk Approved as to Form: JOHN P. ANTONOPOULOS, Village Attorney Date: