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HomeMy WebLinkAboutRESOLUTION - 84-75 - 11/25/1975 - LOC RELEASE/ROGERS IND PARK RESOLUTION NO. 84-75 A RESOLUTION RELEASING A LETTER OF CREDIT FROM NORTHERN TRUST COMPANY COVERING THIRD LIFT REQUIREMENTS FOR COYLE AVENUE , CARMEN DRIVE AND GREENLEAF AVENUE IN ROGERS INDUSTRIAL PARK ACCEPTED BY RESOLUTION NO. 50-75 NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois: Section l : That the President and Board of Trustees do hereby authorize release of Letter of Credit No. 46721 (SB) , dated May 7, 1975, in the amount of $30,000.00 from the Northern Trust Company guaranteeing the construction by Arthur J. Rogers Enterprises of a one inch thick asphalt course on Coyle Avenue, Carmen Drive and Greenleaf Avenue in Rogers 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 November 1975. APPROVED this 25th day of November 1975. '1 c Village Pr� d t. ATTEST: Village Cle