HomeMy WebLinkAboutRESOLUTION - 79-83 - 12/13/1983 - LOC ACCEPT/HIGGINS INDUSTRIAL RESOLUTION NO. 79-83
A RESOLUTION ACCEPTING A DEED OF CONVEYANCE/BILL OF SALE AND AN
IRREVOCABLE LETTER OF CREDIT NO. 1836 FROM THE BANK OF ELK GROVE
IN THE AMOUNT OF $67,000.00 TO GUARANTEE THE MAINTENANCE OF COM-
PLETED IMPROVEMENTS FOR THE HIGGINS INDUSTRIAL PARK SUBDIVISION
WHEREAS, the Developer (Lawrence Pagni E RaymondJ. Bayster) has submitted a
Deed of Conveyance/Bill of Sale and a Irrevocable Letter of Credit No. 1836
(expires December 31 , 1985) in the amount of $67,000.00 to the Village of
Elk Grove Village as required by the Subdivision Control Ordinance and has
fully complied with the provisions of any and all ordinances appertaining ;
and
WHEREAS, the Developer has installed all public improvements as required
by the Village, has made full payment of fees, and has submitted required
As-Built-Engineering Plans;
NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of the
Village of Elk Grove Village, Counties of Cook and DuPage, Illinois :
Section 1 : That the Village of Elk Grove Village does hereby accept a
Deed of Conveyance/Bill of Sale and Irrevocable Letter of Credit No. 1836
for public improvements as shown on As-Build Engineering Plans dated June 7,
1983 prepared by Donald Ciaglia, 701 East Irving Park Road, Roselle, Illinois
60172, and identified as the Higgins Industrial Park Subdivision.
Section 2: That this Resolution shall be in full force and effect
from and after its passage and approval according to law.
PASSED this 13th day of December 1983.
APPROVED this 13th day of December 1983.
Village President
ATTEST:
Village Clerk