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HomeMy WebLinkAbout91-0227 Old Main Payout qi- aaa-- RESOLUTION APPROVING PAYOUT FROM THE OLD MAIN RESTORATION ESCROW ACCOUNT WHEREAS, the City of Elgin is the owner of certain real property upon which is a structure commonly known as Old Main; and WHEREAS, the City of Elgin and the Elgin Historical Society have entered into an agreement wherein Old Main is to be renovated and occupied by the Historical Society as a historical museum; and WHEREAS, pursuant to said agreement the plans and contract documents of such renovation are subject to the prior approval of the City of Elgin; and WHEREAS, on March 22, 1989 the City of Elgin, the Elgin Area Historical Society and the First National Bank of Elgin (escrowee) entered into an escrow agreement which established the Old Main Restoration Account and authorized the escrowee to make payments from said account on the written direction of the City of Elgin and the Historical Society; and WHEREAS, renovation work has been continuingand application has now been made for the payment of $10,000.00 from the escrow account. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that the First National Bank of Elgin is authorized and directed to release funds from the Old Main Restoration Account in the following amount to the following supplier: Mielke-Lauderdale Electrical Contracting Company $10,000.00 per the written direction of the Elgin Area Historical Society dated February 7 , 1991, a copy of which is attached hereto and made a part hereof by reference. George VanDeVoorde, Mayor Presented: February 27, 1991 Adopted: Vote: Yeas Nays Recorded: Attest: r Dolonna Mecum, City Clerk Elgin Area Historical Society 11,A. ,e, 68) 46,cac s February 7, 1991 TO WHOM IT MAY CONCERN: • RESOLVED: The Elgin Area Historical Society gives written direction on February 7, 1991 to First National 'Bank of Elgin to release funds in the following amount to the following contractor, from the Old Main Restoration Escrow Account. Bill submitted February 7, 1991. Mielke-Lauderdale Electrical Contracting Company $10,000.00 \\Nt i Mar e,et L. Krue Co-C airman, Restoration Committee Elgin Area Historical Society \% •3 Mar lice Clute / .__--- Elgi Area Histo ical Society f 360 Park Street, Elgin, Illinois 60120 (312) 742-4248 MIELKE-LAUDERDALE , f1f [ f` 'r-- n r?) ;TT ELECTRICAL CONTRACTING CO. U 1..� �L- 'J 1418 Illinois Parkway 6757 ELGIN, ILUNOIS 60123-3224 • (708) 742-2653 'DATE ORDER NO 1-24-91 TO SNP TO GEORGE ALBEE 1274 SLAC KRAWK EIRIVE MGM, IL 60120 SALASPERSION DATE SHIPPED I SHIPPED VIA 1 f.Oa POST • ISMS o{IANTITT _ - _ _ ._ _ UNIT PRICE TOTAL OLD MAIN — AY RF fl #1 • C ORIGINAL �`j pooaE O111.2 nM/ Cow ww Jo • MIELKE-LAUDERDALE Statement of Contrac ELECTRICAL CONTRACTING CO. 1418 Illinois Parkway a GREW #1 0 COMPLETE RETAINAC= ELGIN, ILLINOIS 60123 INVOICE PEO eink (708)742-2653 From: 12-31-90 To: 1-31-91 COMTruC"NO PNOJECT AO TO: GEORGE ALREE 1274 AO:HAWK DRIVE • 1�L `' OLD MAIN RENOVATION PROJECT£GESS ELGIN, IL 60120 ELGIN, IL P-ONE T£CT STATEMENT OF CONTRACT: •ORIGINAL CONTRACT AMOUNT _ __ _ —__ 19,000.00 CHANGE ORDERS TO DATE S —0— • ADJUSTED CONTRACT AMOUNT S 19,000.00 CHANGE ORDER RECORD: ' NO. OF CHANGE ORDERS TO DAT.F —0— CHANGE ORDER INCREASE S • CHANGE ORDER D.ECREASE . NET CHANE —0— SUMMARY OF PAYMENTS: TOTAL BILLED TO DATE $' —0-- TOTAL RETAINAGE TO DATE S —o— TOTAL PAYMENTS RECr1VEC. S -0- PAYI`t a' IN PROCESS-- --- S • AMOUNT THIS =r; S 10,000.00 LESS —0— % RETAINAGE ___ S —0— • PAY THIS AMOUNT > 10,000.00 CERTIFIED BY: The undersigned certifies that to the best of their knowledge, information, and belief, the work covered by this staterrer has been completed in accordance with the contract documents. That all amounts have been paid for which previous statements were issued and payments received, and that the current payment shown is now due. X Data 1-24-91 X Date • X • Date MOAT 410113 GOOK*IL OW,to Ow INDIC TOLL MEE 1.100414311 Thank You