HomeMy WebLinkAboutRESOLUTION - 60-75 - 8/12/1975 - LOC/RELEASE ARTHUR AVE 3RD LIFT RESOLUTION NO. 60-75
A RESOLUTION RELEASING A LETTER OF CREDIT FROM CENTEX CORPORATION
COVERING THIRD LIFT REQUIREMENTS FOR ARTHUR AVENUE FROM DEVON AVENUE
TO ROUTE 83 AND LIVELY BOULEVARD FROM PRATT AVENUE TO DEVON AVENUE
ACCEPTED BY RESOLUTION NO. 78-71
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. 1004613 in the amount of $30,000.00 from
the Continental Bank and Trust Company of Chicago, covering Third Lift
requirements for Arthur Avenue from Devon Avenue to Route 83 and Lively
Boulevard from Pratt Avenue to Devon Avenue 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 this 12th day of August 1975.
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ATTEST:
Village CICOA