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HomeMy WebLinkAboutRESOLUTION - 58-75 - 8/12/1975 - LOC/RELEASE JARVIS AVE 3RD LIFT RESOLUTION NO, 58-75 A RESOLUTION RELEASING A LETTER OF CREDIT FROM CENTEX CORPORATION COVERING THIRD LIFT REQUIREMENTS FOR JARVIS AVENUE FROM LIVELY BOULEVARD TO STATE ROUTE 83 , ACCEPTED BY RESOLUTION NO. 24-74 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. 1005853 in the amount of $13,000.00 from the Continental Bank and Trust Company, covering Third Lift requirements for Jarvis Avenue from Lively Boulevard to State Route 83 by Centex Corporation. Section 2. That this resolution shall be in full force and effect from and after its passage and approval , according to law. PASSED this 12th day of August 1975, APPROVED thisl2th day of August 1975. 4 Village Presi�dnt j J ATTEST: 1/ Village Cle c