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HomeMy WebLinkAboutRESOLUTION - 37-81 - 5/26/1981 - ANNEX AGRMT PREVIOUSLY ADOPTED/LANCERRESOLUTION NO. 37-81 A RESOLUTION AMENDING PARAGRAPH 6, PAYMENT TO FUND OF THE ANNEXATION AGREEMENT PREVIOUSLY ADOPTED AND APPROVED BY RESOLUTION NO. 23-78 (LANCER) BE IT RESOLVED, by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois, as follows: Section 1: That Paragraph 6, Payment to Fund, which paragraph required three (3) annual payments to be made to the Village's Traffic Signal - Municipal Purpose Fund, the last of which was to be paid on the 11th day of April, 1981, of the Annexation Agreement dated April 11, 1978, as amended, between the Village of Elk Grove Village and John F. Palumbo and Esther A. Palumbo and Lancer Corporation, be and the same is hereby amended to provide that the final payment in the amount of Five Thousand Six Hundred Sixty -Six and 68/100 Dollars ($5,666.68) be due and payable to the Village of Elk Grove Village on or before April 11, 1982. Section 2: That the remaining provisions of said Annex- ation Agreement shall be in full force and effect. Section 3: That this Resolution shall be in full force and effect from and after its passage and approval according to law. VOTES: AYES: 6 NAYS: 0 ABSENT: 0 PASSED this 26th day of May 1981. APPROVED this 26th day of May 1981. APPROVED: Charles J. Zettek I Village President ATTEST: Fay M. Bishop Village Clerk