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RESOLUTION NO. 26-04 <br />A RESOLUTION AUTHORIZING THE MAYOR AND VILLAGE CLERK TO <br />EXECUTE AN AMENDMENT TO THE ANNEXATION AGREEMENT <br />BETWEEN THE VILLAGE OF ELK GROVE VILLAGE AND NATURAL GAS <br />PIPELINE COMPANY OF AMERICA PREVIOUSLY APPROVED PURSUANT <br />TO RESOLUTION NO. 42-03, THEREBY EXTENDING THE TERM OF THE <br />AGREEMENT FROM TEN (10) YEARS TO TWENTY (20) YEARS <br />WHEREAS, the Mayor and Board of Trustees of the Village of Elk Grove <br />Village, pursuant to Resolution No. 42-03 authorized the execution of an <br />Annexation Agreement between the Village of Elk Grove Village and Natural Gas <br />Pipeline Company of America, which Agreement had an original term of ten (10) <br />years; and <br />WHEREAS, on May 25, 2004, a Public Hearing was held by the Mayor <br />and Board of Trustees to consider amending said Annexation Agreement to <br />increase the term to twenty (20) years; and <br />WHEREAS, the Mayor and Board of Trustees of the Village of Elk Grove <br />Village find and believe it to be in the best interest of the Village that the <br />Annexation Agreement be amended as above set forth. <br />NOW, THEREFORE BE IT RESOLVED by the Mayor and Board of <br />Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, <br />Illinois as follows: <br />Section 1: That the Mayor be and is hereby authorized to sign an <br />amendment to the Annexation Agreement between the Village of Elk Grove <br />Village and Natural Gas Pipeline Company of America, previously authorized <br />pursuant to Resolution No. 42-03 and the Village Clerk is authorized to attest <br />