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HomeMy WebLinkAboutRESOLUTION - 36-76 - 5/25/1976 - LOC RELEASE/BONNIE & HOWARDRESOLUTION NO. 36-76 A RESOLUTION RELEASING A LETTER OF CREDIT FROM THE AMALGAMATED TRUST AND SAVINGS BANK COVERING THIRD LIFT REQUIREMENTS ON BONNIE LANE AND HOWARD STREET IN TRITON INDUSTRIAL PARK 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 Letter of Credit No. 041-75, in the amount of $21,000.00 from the Amalgamated Trust and Savings Bank covering Third Lift requirements for Bonnie Lane and Howard Street in Triton Industrial Park. Section 2. That this resolution shall be in full force and effect from and after its passage and approval according to law. PASSED this 25th day of May 1976. APPROVED this 25th day of May 1976. ATTEST: Village Clerk