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O-20-10 - Amdning 5.20.050- Contractor BondVILLAGE OF LEMONT ORDINANCE NO.0 /0 AN ORDINANCE AMENDING 5.20.050 OF THE LEMONT MUNICIPAL CODE — CONTRACTOR BOND ADOPTED BY THE PRESIDENT AND THE BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT THIS 12TH DAY OF APRIL, 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 12th day of April, 2010. ORDINANCE NO. (9 0© -JO AN ORDINANCE AMENDING 5.20.050 OF THE LEMONT MUNICIPAL CODE - Contractor Bond WHEREAS, Illinois Complied Statutes, 50 ILCS 830 Contractor Unified License and Permit Bond Act, requires bonds to be a minimum of $25,000. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, ILLINOIS, AS FOLLOWS: § 5.20.050 of the Lemont Municipal Code is amended to read as follows: Prior to the issuance of a contractor's license, the applicant shall submit a license and permit bond to the village in the penal sum of twenty -five thousand dollars; s as security for the applicant's full and complete performance in accordance with his or her village permit and applicable codes and ordinances of the village. Such bond is to expire December 31st of that year. This Ordinance shall be in full force and effect from and after its passage, approval and publication in the manner provided by law. All. Ordinances or parts of Ordinances in conflict herewith shall be and the same are hereby repealed. PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL AND DuPAGE, ILLINOIS ON THIS DAY , 2010. PASSED ABSENT Debby Blatzer Paul Chialdikas Clifford Miklos Rick Sniegowski Ronald Stapleton Jeanette Virgilio AYES NAYS V V Approved by me this 12th day of April, 2010 Attest: HARLENE M. SMOLLEN, Village Clerk AN RE Village Presiden