Resolution 2025-095Resolution No. 2025-95
A RESOLUTION OF THE UNITED CITY OF YORKVILLE, KENDALL
COUNTY, ILLINOIS APPROVING THE RELEASE OF A PERFORMANCE
GUARANTEE BOND RELATED TO GRANDE RESERVE UNIT 4
WHEREAS, the United City of Yorkville (the "City") is a duly organized and validly
existing non home -rule municipality created in accordance with the Constitution of the State of
Illinois of 1970 and the laws of the State; and
WHEREAS, Grande Reserve (Chicago) ASLIVI, L.L.L.P., an Illinois limited liability
limited partnership ("Developer") submitted a Performance Guarantee Bond in the amount of
$426,922.00 to the City, related to the development of Grande Reserve Unit 4 (the "Project"); and
WHEREAS, the Developer has completed the Project, with the exception of sidewalk
construction on fourteen (14) as yet undeveloped lots, and all punch -list items from the Project's
one year warranty period have been completed; and
WHEREAS, Developer has agreed to provide a separate Performance Guarantee Bond in
the amount of $151,704.00 (the "Sidewalk Bond") to cover the remaining sidewalk work to be
completed; and
WHEREAS, City staff and engineering consultants recommend the release of the
Performance Guarantee Bond to the Developer, contingent on the Developer securing the Sidewalk
Bond.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the United
City of Yorkville, Kendall County, Illinois:
Section 1. That the foregoing recitals are hereby incorporated in this Resolution as the
findings of the Corporate Authorities.
Resolution No. 2025-95
Page 1
Section 2. That upon Developer securing the Sidewalk Bond, the full Performance
Guarantee Bond in the amount of $426,922.00 shall be released to Grande Reserve (Chicago)
ASLIVI, L.L.L.P., as recommended by the City's engineering consultants, Engineering
Enterprises, Inc.
Section 3. That this resolution shall be in full force and effect from and after its passage
and approval according to law.
Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this
26th day of August, A.D. 2025.
KEN KOCH
AYE
ARDEN JOE PLOCHER AYE
CHRIS FUNKHOUSER AYE
RUSTY CORNEILS AYE
DAN TRANSIER
CRAIG SOLING
MATT MAREK
RUSTY HYETT
APPROVED by me, as Mayor of the United City of Y
thisV�day of A6 A.D. 2025.
Attest:
v
bY CLERK
►AWydIs]
AYE
AYE
AYE
AYE
Kendall County, Illinois
Resolution No. 2025-95
Page 2
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JOB NO:
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DESIGNED:
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DATE:
8l812025
PROJECT TITLE:
GRANDE RESERVE - UNIT 4
ITEM I
I
I
I
UNIT
NO. I
ITEM I
UNIT I
QUANTITY1
PRICE
AMOUNT
LOT 261 - 2976 OLD GLORY DRIVE
1
PORTLAND CEMENT CONCRETE SIDEWALK, 5"
SOFT
1,200
$ 15.00
$ 18.000.00
2
DETECTABLE WARNING
SOFT
20
$ 60.00
$ 1,200.00
3
PARKWAY LANDSCAPING
SQYD
230
$ 15.00
$ 3,450.00
4
PARKWAYTREE
SQYD
2
$ 1,000 00
$ 2,000.00
SUBTOTAL
$ 24,650,00
CONTINGENCY (20%)
$ 4,930.00
LOT TOTAL
$ 29,580.00
LOT 264 - 2962 OLD GLORY DRIVE
5
1PORTLAND CEMENT CONCRETE SIDEWALK, 5"
SOFT
450
$ 15.00
$ 6,750.00
6
PARKWAY LANDSCAPING
SOYD
90
$ 15.00
$ 1,350,00
7
PARKWAYTREE
SQYD
1
$ 1,000.00
$ 1,000.00
SUBTOTAL
$ 9,10C.00
CONTINGENCY (20%)
$ 1,826.00
LOT TOTAL
$ 10.920.00
LOT 270 - 2920 OLD GLORY DRIVE
8
1PORTLAND CEMENT CONCRETE SIDEWALK, 5"
SOFT
435
$ 15,00
$ 6,525.00
9
PARKWAY LANDSCAPING
SQYD
87
$ 15.00
$ 1,305.00
10
PARKWAYTREE
SQYD
1
$ 1,C00.00
$ 1,000.00
SUBTOTAL
$ 8,830.00
CONTINGENCY (20%)
$ 1,766.00
LOT TOTAL
$ 10,596,00
LOT 306 - 2872 ROOD STREET
11
PORTLAND CEMENT CONCRETE SIDEWALK, 5"
SOFT
450
$ 15.00
$ 6,750.00
12
PARKWAY LANDSCAPING
SQYD
90
$ 15.00
$ 12350.00
13
PARKWAY TREE
SQYD
1
$ 1,000.00
$ 1,000.00
SUBTOTAL
$ 9,100.00
CONTINGENCY (20%)
$ 1,820.00
LOT TOTAL
$ 10,920.00
LOT 307 - 2864 ROOD STREET
14
PORTLAND CEMENT CONCRETE SIDEWALK, 5"
SOFT
450
$ 15.00
$ 6,750.00
15
PARKWAY LANDSCAPING
SOY❑
90
$ 15.00
$ 1,350.0C
16
PARKWAYTREE
SQYD
1
$ 1,000,00
$ 1,000.00
SUBTOTAL
$ 9,100,00
CONTINGENCY(20%)
$ 1,820.00
LOT TOTAL
$ 10,920.00
LOT 308 - 2852 ROOD STREET
17
PARKWAY LANDSCAPING
SQYD
90
$ 15,00
$ 1,350.00
18
PARKWAYTREE
SQYD
1
5 1,000.00
$ 1,000.00
SUBTOTAL
$ 2,350.00
CONTINGENCY (20%)
$ 470.00
LOT TOTAL
$ 2,820.00
LOT 309 - 2844 ROOD STREET
19
PARKWAY LANDSCAPING
SQYD
90
$ 15,00
$ 1,350.00
20
PARKWAYTREE
SQYD
1
$ 1,000,00
$ 1,000.00
SUBTOTAL
$ 2,350.0G
CONTINGENCY (20%)
$ 470.00
LOT TOTAL
$ 2,820.00
LOT 310 - 2832 ROOD STREET
21
PORTLAND CEMENT CONCRETE SIDEWALK, 5"
SOFT
450
$ 15.00
$ 6,750.00
22
PARKWAY LANDSCAPING
SQYD
90
$ 15.00
$ 1,350,00
23
PARKWAYTREE
SQYD
1
$ 1,000.00
$ 1,000,00
SUBTOTAL
$ 9,100.00
CONTINGENCY (20%)
$ 1,82C.00
LOT TOTAL
$ 10,920.00
LOT 315 - 2831 ROOD STREET
24
PORTLAND CEMENT CONCRETE SIDEWALK, 5"
SOFT
495
$ 15.00
$ 7,425.0C
25
PARKWAY LANDSCAPING
SQYD
99
$ 15,00
$ 1,485.00
26
PARKWAYTREE
SQYD
1
$ 1,000.00
$ 1,000.00
SUBTOTAL
$ 9,910.00
CONTINGENCY(20%)
$ 1,982.00
LOT TOTAL
$ 11,892.00
LOT 337 - 2162 HENNING LANE
27
PORTLAND CEMENT CONCRETE SIDEWALK, 5"
SOFT
460
$ 15.00
$ 6,900,00
28
PARKWAY LANDSCAPING
SQYD
92
$ 15.00
$ 1,380,00
29
PARKWAY TREE
SQYD
1
$ 1,OGC.OG
$ 1,000.00
SUBTOTAL
$ 9.280.00
CONTINGENCY (20%)
$ 1,856.00
LOT TOTAL
$ 11,136.CG
LOT 339 - 2172 HENNING LANE
3G
PARKWAY LANDSCAPING
SQYD
90
$ 15,00
$ 1,350.00
31
PARKWAYTREE
SQYD
1
$ 1,000.00
$ 1,000.00
SUBTOTAL
$ 2,350,00
CONTINGENCY (20%)
$ 470,00
LOT TOTAL
$ 2,820.00
LOT 340 - 2176 HENNING LANE
32
PARKWAY LANDSCAPING
SQYD
90
$ 15.00
$ 1,350.00
SUBTOTAL
$ 1,350.00
CONTINGENCY (20%)
$ 270.00
LOT TOTAL
$ 1,620.00
LOT 342 - 2186 HENNING LANE
33
PARKWAY LANDSCAPING
SQYD
1 90
$ 15.00
$ 1,360.00
34
PARKWAYTREE
SQYD
1
$ 1,000.00
$ 1,000.00
SUBTOTAL
$ 2,350,00
CONTINGENCY (20%)
$ 470.00
LOT TOTAL
$ 2,820.00
LOT 343 - 2192 HENNING LANE
35
PORTLAND CEMENT CONCRETE SIDEWALK, 5"
SOFT
1,300
$ 15,00
$ 19,500.00
36
DETECTABLE WARNING
SOFT
20
$ 60,00
$ 1,200.00
37
PARKWAY LANDSCAPING
SQYD
260
$ 15.00
$ 3,900.00
38
PARKWAY TREE
SQYD
2
5 1,000.00
$ 2,000 00
SUBTOTAL
$ 26,600.00
CONTINGENCY (20%)
$ 5,320.00
LOT TOTAL
$ 31,920.00
TOTAL ENGINEER'S OPINIUN Ur PNUkdAtSLt cUNs I Kull IUN t,w I S io I,f U4.Vu