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RESOLUTION NO. 51-93 <br />A RESOLUTION RELEASING LETTER OF CREDIT NO. 6556S ACCEPTED BY <br />RES. NO. 60-90 AND ACCEPT CERTIFICATE OF APPROVAL AND INITIAL <br />ACCEPTANCE; DEED OF CONVEYANCE/BILL OF SALE; MAINTENANCE BOND IN <br />THE AMOUNT OF $10,000 EXPIRING SEPTEMBER 14, 1995 GUARANTEEING <br />MAINTENANCE OF PUBLIC IMPROVEMENTS FOR ANNA'S SUBDIVISION/701 <br />LANDMEIER ROAD (EDITAL CORPORATION) <br />NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees <br />of the Village of Elk Grove Village, Counties of Cook and DuPage, State of <br />I l I inois: . <br />Section 1: That the President and Board of Trustees do hereby <br />authorize the release of Letter of Credit No. 6556S accepted by Resolution <br />No. 60-90 in the amount of $27,592.00 guaranteeing the completion and <br />interim maintenance of public improvements. <br />Section 2: That the President and Board of Trustees do hereby accept <br />a Certificate of Approval and Initial Acceptance, Deed of Conveyance/Bill <br />of Sale, and Maintenance Bond No. 142346 in the amount of $10,000 expiring <br />September 14, 1995 guaranteeing the maintenance of public improvements as <br />described in the Engineering plans and specifications prepared by Norman J. <br />Toberman & Associates for Anna Subdivision (Lot #I) located at 701 <br />Landmeier Road, Elk Grove Village. <br />Section 3: That this Resolution shall be in full force and effect <br />from and after its passage and approval according to law. <br />PASSED this 14th day of September , 1993. <br />APPROVED this 14th day of September , 1993. <br />ATTEST: <br />Dennis J. Gallitano <br />Village President <br />Patricia S. Smith <br />Village Clerk <br />