R-67-10 Res. Accept Public Imprvmts Rolling MeadowsVILLAGE OF LEMONT
RESOLUTION NO. k-&07 lO
A RESOLUTION ACCEPTING
CERTAIN PUBLIC IMPROVEMENTS WITHIN THE
ROLLING MEADOWS SUBDIVISION IN LEMONT, IL
ADOPTED BY THE
PRESIDENT AND THE BOARD OF TRUSTEES
OF THE VILLAGE OF LEMONT
THIS 22 "d DAY OF NOVEMBER, 2010
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 22 "d day of November, 2010.
RESOLUTION NO. 84.07
A RESOLUTION ACCEPTING
CERTAIN PUBLIC IMPROVEMENTS WITHIN THE
ROLLING MEADOWS SUBDIVISION IN LEMONT, IL
WHEREAS, pursuant to the subdivision regulations contained within the Lemont
Unified Development Ordinance, an owner or developer of a subdivision is required to install
certain public improvements; and
WHEREAS, in the matter of Rolling Meadows subdivision, located south of 127th Street
and east of Smith Road in Lemont, Irrevocable Letter of Credit No. 90000246 issued by Palos
Bank and Trust on August 15, 2007, in the amount of $281,225.00;
WHEREAS, Mr. and Mrs. Jurinek of New Horizon Homes, LLC, the developer of the
Rolling Meadows subdivision, have requested acceptance of certain public improvements and a
corresponding reduction in the said Letter of Credit; and
WHEREAS, the authorized engineer of the Village of Lemont, James Cainkar, inspected
the public improvements and recommends final acceptance of certain public improvements
within the Rolling Meadows subdivision and a reduction of said Letter of Credit to the amount of
$155,353.25;
WHEREAS, the Planning & Economic Development Director for the Village of Lemont,
James A. Brown, has reviewed the records pertaining to the Rolling Meadows subdivision and
also recommends final acceptance of said public improvements and said reduction of the Letter
of Credit; and
NOW, THEREFORE BE IT RESOLVED by the President and Board of Trustees of
the Village of Lemont, that:
Section 1. All public improvements within the Rolling Meadows subdivision are
accepted as final with the exception of those constructed, installed, or planned for the area north
of the south edge of the north curb and gutter on Willow Drive. The unaccepted public
improvements in said area along Willow Drive include but are not limited to the north curb, the
parkway, the sidewalk and street trees.
Section 2. The accepted public improvements as indicated in Section 1 above shall enter
a two -year maintenance period as specified in §17.23.020 of the Unified Development
Ordinance, effective the date of this Resolution.
Section 3. Said Letter of Credit No. 90000246 is hereby reduced to the amount of
$155,353.25. This single Letter of Credit shall heretofore serve as the financial guarantee for the
two -year maintenance period as required for accepted public improvements, and shall continue
to serve as the financial guarantee for the successful completion of unaccepted public
improvements as required by the Unified Development Ordinance and as specified in the terms
of said Letter of Credit.
Section 4. A portion of said Letter of Credit No. 90000246, in the amount of
$96,201.52, shall serve as a maintenance guarantee for the accepted public improvements. This
amount shall be further reduced or eliminated upon expiration of the two -year maintenance
period. The remaining balance of said Letter of Credit 90000246, a total of $59,151.7, shall be
held by the Village for successful completion of the remaining public improvements under the
current terms of said Irrevocable Letter of Credit No. 90000246.
PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL, AND DuPAGE,
ILLINOIS, on this 22nd day of November, 2010.
Debby Blatzer
Paul Chialdikas
Clifford Miklos
Ron Stapleton
Rick Sniegowski
Jeanette Virgilio
Attest:
AYES
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V
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NAYS ABSENT ABSTAIN
Approved by me this 22 °d day of November, 2010
CHARLENE M. SMOLLEN, Village Clerk