HomeMy WebLinkAboutRESOLUTION - 44-82 - 8/24/1982 - LOC RELEASED/BEISNER RDRESOLUTION NO. 44-82
A RESOLUTION RELEASING TWO (2) LETTERS OF CREDIT FROM THE FIRST
NATIONAL BANK OF CHICAGO COVERING THE CONSTRUCTION OF BEISNER
ROAD BETWEEN BIESTERFIELD ROAD AND THE NORTH SIDE OF WINSTON
DRIVE, ACCEPTED BY RESOLUTION NO. 41-76
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
release of First National Bank of Chicago, Letters of Credit Number G.T. 4089D
and G.T. 4108D, received by the Village from Centex Homes, Inc., guaranteeing
the construction of Beisner Road between Biesterfield Road and the north side
of Winston Drive.
SECTION 2: That this resolution shall be in full force and effect from
and after its passage and approval according to law.
PASSED this 94th day of August , 1982.
APPROVED this 24th day of August , 1982.
_Charles J. Zettek
Village President
ATTEST:
Patricia S. Smith
VILLAGE CLERK