1956-1212r~~
RESOLUT ION N0. 1212
RESOLUTION ACCEPTING STREETS iN MONTEN AND GORRAsS IST ADDITION
VILLAGE PLAT N0. 125
CONTRACT N0. 273
fiIONTEN $ GORRA~ DEVELOPERS
ANfl ESTABLISHING ~t00.00 JOINT ESCR049 ACCOUNT TO GUARANTY PLANTING
OF TREES IN THE BOULEVARD.
8E li RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELD AS FOLLOW6L
TMAT PURSUANT TO THE VILLAGE ENGlNEER~S RECOfiAMENDATION THAT THE STREETS IN (~ONTEN AND
GORRA~S ADDITION BE ACCEPTED FOR THE VILLAGE AND THAT SUCH STREET6 BHALL 8E PERPETUALLY
PoAAINTAINED BY THE VILUIGE*
THAT THE 8UM OF $10000 BE PLACED kN A JOINT ESCROI~ ACCOUNT IN LIEU OF DEVELOPER~B
BOND At3 A GUARANTY THAT Tf1E TREES TdILL BE PLANTED IN THE BOULEVARDS AND THAT SUCH 8UAfl 1NILL
eE REFUNDED TO MONTEN $ QORRA~ DEVELOPERS UPON COMPLETION OF SUCH 6TORK~
TWAT ALL OTHER CONDITIONS OF CONTRACT N0. 273 DATED AUGUST 22ND 1955 HAVE ®EEN COta1PL1ED
WITH AND THE ~IORK 18 HEREBY ACCEPTED•
ADOPTED BY THE VILLAGE GOUNCiL TH18 8TH DAY OF OCTOBER: 1956.
ATTESTS
CLERK '