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RESOLUTION NO. 44-82 <br />A RESOLUTION RELEASING TWO (2) LETTERS OF CREDIT FROM THE FIRST <br />NATIONAL BANK OF CHICAGO COVERING THE CONSTRUCTION OF BEISNER <br />ROAD BETWEEN BIESTERFIELD ROAD AND THE NORTH SIDE OF WINSTON <br />DRIVE, ACCEPTED BY RESOLUTION NO. 41-76 <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 Illinois: <br />SECTION 1: That the President and Board of Trustees do hereby authorize <br />release of First National Bank of Chicago, Letters of Credit Number G.T. 4089D <br />and G.T. 4108D, received by the Village from Centex Homes, Inc., guaranteeing <br />the construction of Beisner Road between Biesterfield Road and the north side <br />of Winston Drive. <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 94th day of August , 1982. <br />APPROVED this 24th day of August , 1982. <br />_Charles J. Zettek <br />Village President <br />ATTEST: <br />Patricia S. Smith <br />VILLAGE CLERK <br />