PIN: 07-01-36-400-017-0000
Resolution which established the LOC:
Resolution
Title
Acceptance of Public Improvements
Molto Development at 1881 Normantown Road
Romeoville, Illinois
Body
Whereas, the Village of Romeoville ("The Village") is a municipality in accordance with the Constitution of the State of Illinois of 1970; and,
Whereas, the developer is requesting the Village to accept the improvements for the Molto development, and the Normantown Road roadway improvements associated with the development; and,
Whereas, Village Staff has inspected the improvements and determined that they are in substantial compliance with the approved Site, Landscape, and Engineering Plans for the Molto development; and,
Whereas, Village Staff has verified that payment of all outstanding invoices has been made, that all other obligations have been completed, and that the improvements are in compliance with all applicable Village Ordinances; and,
Whereas, Village Staff recommends acceptance and ownership of the public improvements for the Molto development; and,
Whereas, Section 158.005(D)(2) prohibits acceptance of public improvements prior to May 1st and after December 1st of each calendar year; and,
Whereas, the Developer is providing one-year maintenance bonds in the amounts of $111,102.50 of $58,861.88 as required in Chapters 158.005 and 158.015 of the Village Code of Ordinances and the Will County Stormwater Ordinance.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES FOR THE VILLAGE OF ROMEOVILLE, WILL COUNTY, ILLINOIS, AS FOLLOWS:
Section 1. The Village of Romeoville accepts the public improvements for the Molto development and authorizes a maintenance period of one year from the date of this resolution, secured by maintenance bonds in the amounts of $111,102.50 and $58,861.88.
Section 2. The Resolution shall be in full force and effect from and after its passage, approval, and pub...
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