Laserfiche WebLink
RESOLUTION NO..105-79 <br />A RESOLUTION AUTHORIZING ACCEPTANCE OF A LETTER OF CREDIT NO. G.T.7400D <br />FROM THE FIRST NATIONAL BANK OF CHICAGO, GUARANTEEING THE DEMOLITION <br />OF THREE BUILDING'AND CAPPING OF THE SHALLOW WELLS ON THE SAVIN PROPERTY <br />LOCATED NORTH OF HIGGINS ROAD AND WEST OF THE COMMONWEALTH EDISON COMPANY <br />RIGHT-OF-WAY IN ELK GROVE VILLAGE <br />NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of <br />the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois: <br />Section 1. That the President and Board of Trustees do hereby authorize <br />the acceptance of: <br />A Letter of Credit dated December 6, 1979, in the amount of $10,500.00 <br />expiring March 11, 1980, from the First National Bank of Chicago to <br />guarantee the demolition of three buildings, and the capping of the <br />shallow wells located on the Savin property, north of Higgins Road <br />and west of the Commonwealth Edison Company right-of-way in Elk Grove <br />Village. <br />Section 2. That this resolution shall be in full force and effect from <br />and after its passage and approval according to law. <br />PASSED this <br />Ilth <br />day <br />of <br />December <br />1979. <br />APPROVED this <br />11th <br />day <br />of <br />December <br />1979. <br />Charles J. Zettek <br />Village President <br />ATTEST: <br />Fay M. Bishop <br />Village Clerk <br />