1959-1865r
' RESOLUTION NO. 1865
RESOLUTION APPROVINQ GONTRAOT FOR TFE C~2ADINQ OF PLEASANT
AVENUE FROM 7SRa STREET TO 74TH STREET,, AND 74TH STREET- FROM
PLEASANT AVENUE TO QRAND AVENUE ANQ ACCEPTINQ CERTIFIED CHECK
IN LIEU OF BOND•
CONTRACT No. 514 ~
LOYAL THOMPSONS DEVELOPER
74,08 OAKLAND AVENUE
CLERKS FILE NO• .5435
BE IT RESOLVER BY THE VILLAQE COUNCIL OF THE VILLAQE OF RICHFIELD AS FOLLOWSt
1• THAT THE PROPOSED utsADiNA OF PLEASANT AVENUE FROM 79RD STREET TO 74TH STREET
AND 74TH STREET FROM PLEASANT AVENUE TO fIRANQ AVENUE IS HEREBY APPROVED SUfidECT TO
AND UPON COMPLETION OF PERFORMANCE OF THE SUBDIVIDER~8 -CONTI~AGT-~'OR SUCW ADDIfiION AS
HEREINAFTER AUTHORIZEI?~
2• THAT THE PROAOSED SUBDIVIDERS CONTRACT FOR THE DEVELOPMENT OF SAID SUBDIV1810Ns
BEARIN<1 CONTRACT N0~ 514y BE QIVEN CLERKS FILE No,. 54 3~_, BE PLACED ON FiLEg THAT
THE 8A ME BE APPROVED AND THAT THE MAYOR AND MANAGER 8.F AUTHORIZED TO SIQN SA FD CONTRACT
AND THE CLERK BE AUTHORIZED TO SEAL THE SAME FOR"AND ON BEHALF OF THIS VILLAQE•
3. THAT THE PUBLIC CONTRACT ORBS BOND FOR PERFORMANCE OF THE CON.DiTIONS OF THE 3I11D
SUB•DIVIDER~S CONTRACT tN THE AMOUNT OF $1~000~00 ON WNICH CERTIFIED CHECK NO. 55.19
DATED MAY 22Nm~ 1959 DRAIpN ON THE RICHFIELD STATE BANK BY LOYAL THOMPSON IN THE AMOUNT
OF ~Is000.00 AND MAD~•PAYABLE TO THE VILLAGE OF RICHFIELD I'S HEREBY ACCEPTED 1N LIEU OF
SURETY QONbo .
4a THAT RESPONSIBILITY-FOR ALL PUBLIC STREET8~ ALLEYS AND OTHER PUBLLC 19IAYS SMALL
s
NOT BE ASSUMED B1f THI$ VILLAC3E UNTIL FINAL ACCEPTANCE OF THE NtORK ON $UGH_PROPERTY BY
TH18 COUNCIl.b AND UNTIL SUCH TIME FULL RESPONSIBILITY FOR SUCH STREET SHALL BE THAT OF
1HE DEVELOPER OF SAi~ SkJBDIVISION~
ADOPTED BY THE VILLAQE COUNCIL, OF THE VILLAQE CH 's M ES TAy THIS ~STH DAY
OF MAYS t959s ,%~~^
o YflR !~
ATTESTa
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