Laserfiche WebLink
RESOLUTION NO. 62-86 <br /> A RESOLUTION ACCEPTING A LETTER OF CREDIT AGREEMENT IN THE <br /> AMOUNT OF $1 ,623,407.50 FROM THE DEVELOPER (TERRESTRIS DEVEL- <br /> OPMENT CORPORATION) FOR PROPERTY COMMONLY KNOWN AS STAPE' S <br /> SUBDIVISION PHASE 11 , 111 AND IV (WINDEMERE) <br /> NOW, THEREFORE, BE IT RESOLVED by the President and Board of <br /> Trustees of the Village of Elk Grove Village, Counties of Cook and <br /> DuPage, State of Illinois: <br /> Section 1: That the Village President and Board of Trustees <br /> hereby authorize the adoption of the attached documents marked: <br /> "LETTER OF AGREEMENT" <br /> a copy of which is attached hereto and made a part hereof as if <br /> fully set forth. <br /> Section 2: That this Resolution shall be in full force and <br /> effect from and after its passage and approval according to law. <br /> PASSED this 12th day of August 1986. <br /> APPROVED this 12th day of August 1986. <br /> Charles J. Zettek <br /> Village President <br /> ATTEST: <br /> Patricia S. Smith <br /> Village Clerk <br />