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RESOLUTION NO. 3-82 <br />A RESOLUTION ACCEPTING A LETTER OF CREDIT IN THE AMOUNT OF $3,300.00 <br />FROM THE BANK OF WAUKEGAN, GUARANTEEING THE INSTALLATION OF SIDEWALKS <br />IN THE TRITON II INDUSTRIAL PARK <br />NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of <br />the Village of Elk Grove Village, Counties of Cook and DuPage, State of <br />Illinois: <br />Section 1. That the President and Board of Trustees do hereby authorize <br />the acceptance of Letter of Credit No. 337 in the amount of $3,300.00 from <br />the Bank of Waukegan to guarantee the installation of sidewalk improvements <br />in the Triton II Industrial Park by the developer Esper A. Petersen/United <br />States Development Corporation and as shown on plan entitled "Proposed <br />Improvements for Triton Industrial Park" engineered by Seeton Engineering <br />Company, Job No. 79-307 and as approved by Elk Grove Village on May 5, 1980. <br />Said Letter of Credit expiring on November 1, 1982. <br />Section 2. That this resolution shall be in full force and effect from <br />and after its passage and approval according to law. <br />PASSED this 12th day of January , 1982, <br />APPROVED this 12th day of January 1982. <br />Charles J. Zettek <br />Village President <br />ATTEST: <br />Fay M. Bishop <br />Village Clerk <br />