HomeMy WebLinkAboutRESOLUTION - 44-85 - 6/11/1985 - LOC/3-AMENDEDRESOLUTION NO. 44-85
A RESOLUTION AMENDING LETTERS OF CREDIT ADOPTED BY RESOLUTION
NO. 21-83, FROM THE BANK OF ELK GROVE NO. 16505, $8,530.50;
NO. 1651, $25,230; AND NO. 1652, $16,500; GUARANTEEING THE
CONSTRUCTION OF PUBLIC IMPROVEMENTS IN THE GULLO INTERNATIONAL
OFFICE AND INDUSTRIAL CENTER SUBDIVISION NORTH OF OAKTON STREET
NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees
of the Village of Elk Grove Village, Counties of Cook and DuPage, State of
Illinois:
Section 1. That the President and Board of Trustees do hereby authorize
the acceptance and placing on file three (3) amended Letters of Credit totaling
$51,260.50 from the Bank of Elk Grove, guaranteeing the construction of public
improvements: sidewalk work, streets, curbs, water mains, sanitary sewers,
storm sewers, and street lights in the development known as Gullo International
Office and Industrial Center in accordance with the plans and specifications
prepared by the Chia Company, 5732 Gardner Court, Hanover Park, Illinois and
approved on October 11, 1979. Letters of Credit No. 16505., No. 1651 and
No. 1652 expire November 12, 1985.
Section 2: That this Resolution shall be in full force and effect from
and after its passage and approval according to law.
PASSED this 11th
APPROVED this 11th
ATTEST:
Patricia S. Smith
Village Clerk
day of June , 1985•
day of
June
, 1985•
Charles J. Zettek
Village President
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Bankof ElkGrove
100 East Higgins Road, Elk Grove Village, Illinois 60007'
Cable: BANKELGR Telex: 206606 Phone: (312) 439-1666
❑ THIS AMENDMENT IS FORWARDED TO THE ❑ THIS AMENDMENT IS IN CONFIRMATION OF
ADVISING BANK BY AIRMAIL THE CABLED ADVICE TO THE ADVISING BANK
Amendment To Documentary Credit
Advising Bank
Beneficiary
Village of Elk Grove Village
901 Wellington Avenue
Elk Grove Village, Illinois 60007
DATE April 30, 1985
OJUINU UANN b NUMetM I MUVIWNta DANK b NUMetM
16505
Gullo International Development Corp.
1201 Oakton Street
Elk Grove Village, Illinois 60007
AMENDMENT NO. 2 TO THE ABOVE CREDIT
DATED March 14, 1983
THIS AMENDMENT IS TO BE CONSIDERED AS PART OF THE ABOVE -
MENTIONED CREDIT AND MUST BE ATTACHED THERETO.
ry i mon ov.
above mentioned credit is amended as follows:
The expiration date is extended to: November 12, 1985, at the counters of the Bank of
Elk Grove
All other terms and conditions remain unchanged.
E .. 631011.OME aiLilr`!RTMIENT
ELK GROVE VILLAGE G�
[All other terms and conditions remain unchanged.
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Very truly yours,
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Advising bank's notification
Place, date, name and signature of advising bank.
Bankof E&Grove
100 East Higgins Road, Elk Grove Village, Illinois 60007
Cable: BANKELGR Telex: 206806 Phode: (312) 4391666
❑ THIS AMENDMENT IS FORWARDED TO THE ❑ THIS AMENDMENT IS IN CONFIRMATION OF
ADVISING BANK BY AIRMAIL THE CABLED ADVICE TO THE ADVISING BANK
Amendment To Documentary Credit
Advising Bank
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g Village of Elk Grove Village
E 901 Wellington
E Elk Grove Village, Illinois 60007
0 GENTLEMEN:
EThe above mentioned credit is amended as follows:
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The expiration date is extended to:
of Elk Grove
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IJJUINI BANKS NUMBER
1651
DATEApril 30, 1985
AUVIJING BANK'B NUMBER
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Gullo International Development Corp.
1201 Oakton Street
Elk Grove Village, Illinois 60007
AMENDMENT NO. 1 TO THE ABOVE CREDIT _
DATED MARCH 14, 1983
THIS AMENDMENT IS TO BE CONSIDERED AS PART OF THE ABOVE -
MENTIONED CREDIT AND MUST BE ATTACHED THERETO.
(I f
_6.ia - 7b09n -
BUILDING DEPARTMENT 640
ELK GROVE VILLAGE
All other terms and conditions remain unchanged.
Advising bank's notification
Bank oi`F
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Very truly
Place, date, name and signature of advising Dank.
Bankof OkGrove
100 East Higgins Road, Elk Grove Village, Illinois 60007
Cable: BAN KELGR Telex: 206806 Phone: (312) 4391666
❑ THIS AMENDMENT IS FORWARDED TO THE ❑ THIS AMENDMENT IS IN CONFIRMATION OF
ADVISING BANK BY AIRMAIL THE CABLED ADVICE TO THE ADVISING BANK
Amendment To Documentary Credit
Advising Bank
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a Village of Elk Grove Village
901 Wellington
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Elk Grove Village, Illinois 60007
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above mentioned credit is amended as follows:
tsautNu UMKrt
1652
DATE Aoril 30. 1985
AUMINu saNR s W.ULH
Applicant
Gullo International Development Corp.
1201 Oakton Street
Elk Grove Village, Illinois 60007
AMENDMENT NO. 1 TO THE ABOVE CREDIT
DATED MARCH 14, 1983
THIS AMENDMENT IS TO BE CONSIDERED AS PART OF THE ABOVE
MENTIONED CREDIT AND MUST BE ATTACHED THERETO.
Expiration date is extended to: November 12, 1985, at the counters of the Bank of
Elk Grove
At other terms and conditions remain
Grove
Very truly yours,
Counter
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FLK GROVE VILLAGE 6�
Advising bank's notification
Place, date, name end signature of advising bank.