Resolution 2011-02 i
Resolution No. 2011 -tea
A RESOLUTION AMENDING RESOLUTION NUMBER 2009 -40 CLARIFYING
THE POLICY ON THE RELEASE OF SECURITY FOR LAND IMPROVEMENTS
WHEREAS, Resolution No. 2009 -40 adopted by the Mayor and City Council on
September 20, 2009, established a procedure and authority to reduce letters of credit and
performance bonds for construction of land improvements; and,
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WHEREAS, it is desirable to clarify that procedure regarding the administrative release
of smaller maintenance guarantees.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the
United City of Yorkville, Kendall County, Illinois, as follows:
Section 1. That Section II of Resolution No. 2009 -40 is hereby amended by adding the
following:
"After acceptance of public improvements, release of maintenance guarantees for
amounts less than $91,000 may be approved by the City Engineer or City
Administrator as provided in Section I above."
Section 2. This Resolution shall be in full force and effect upon its passage and approval
as provided by law.
Adopted by the City Council of the United City of Yorkville, Kendall County, Illinois this
\ \ day o
" Nis
5 2011.
L RK
ROBYN SUTCLIFF DIANE TEELING
GARY GOLINSKI ARDEN JOSEPH PLOCHER
WALTER WERDERICH MARTY MUNNS
ROSE ANN SPEARS — ` — GEORGE GILSON JR. r1
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Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this
dayof J AKIL AP 2011.
MAYOR