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RESOLUTION NO, 58-75 <br /> A RESOLUTION RELEASING A LETTER OF CREDIT FROM CENTEX CORPORATION <br /> COVERING THIRD LIFT REQUIREMENTS FOR JARVIS AVENUE FROM LIVELY <br /> BOULEVARD TO STATE ROUTE 83 , ACCEPTED BY RESOLUTION NO. 24-74 <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 Letter of Credit No. 1005853 in the amount of $13,000.00 <br /> from the Continental Bank and Trust Company, covering Third Lift <br /> requirements for Jarvis Avenue from Lively Boulevard to State Route 83 <br /> by Centex Corporation. <br /> Section 2. That this resolution shall be in full force and effect <br /> from and after its passage and approval , according to law. <br /> PASSED this 12th day of August 1975, <br /> APPROVED thisl2th day of August 1975. <br /> 4 <br /> Village Presiļæ½dnt j J <br /> ATTEST: 1/ <br /> Village Cle c <br />