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S-604 - 04/28/1987 - AGREEMENT - Ordinances ORDINANCE NO. S- 604 AN ORDINANCE EXTENDING COMPLETION DATE FOR PUBLIC IMPROVEMENTS IN OWNER'S SUBDIVISION WHEREAS, the Corporate Authorities of the Village of Oak Brook approved the Final Plat of Owner's Subdivision by passing Resolution No. R-352; and WHEREAS, Section 3(A) of the Subdivision Regulations, Ordinance No. 6-140, as mended, requires that all public improvements be completed by the owner or subdivider in accordance with plans and specifications approved by the Village Engineer within three years following the approval of the final plat by the President and Board of Trustees; and WHEREAS, the subdivider of Owner's Subdivision has requested that the completion date for public improvements be extended fr an May 15, 1987 to August 15, 1987; and WHEREAS, the Corporate Authorities find that the requested extension is in the best interests of the Village of Oak Brook provided that the conditions set forth below are satisfied. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows: Section 1: That the provisions of the preamble hereinabove set forth are hereby incorporated herein as though fully set forth. Section 2: That the date for completion of the public improvements in the Owner's Subdivision is extended to August 15, 1987, provided that each of the following conditions is satisfied by the subdivider on or before May 15, 1987: a) The Subdivision Improvement Agreement is revised and reexecuted to show the most recent set of engineering plans; b) The two (2) Letters of Credit are revised to show the new engineering firm, the new engineering plans and specifications and the revised expiration date; c) The engineering plans are revised to show the revised construction schedule date; and d) A new certificate of insurance is furnished to the Village. Section 3: That all requirements, conditions and standards of the Subdivision Regulations of the Village of Oak Brook, except as waived or limited herein or by previous action by the President and Board of Trustees, shall be applicable to the subdivision and development of said Owner's Subdivision. Section 4: This Ordinance shall be in full force and effect from and after its passage and approval as provided by law. PASSED this 28th day of April , 1987. Ayes: Trustees Bushy, Imrie, Maher, Philip, Rush and Winters Nays: Mone Absent: None APPROVED this 28th day of April 1987. Village President ordinance No. S- 604 Extending Completion Date for Public Improvements in owner's Subdivision Page two ATTEST: Village Clerk7t/� Approved as to Form: it aage Attorney Published Date Paper m t Pub 1 ished XX