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RESOLUTION N0, 59-75 <br /> A RESOLUTION RELEASING A LETTER OF CREDIT FROM CENTEX CORPORATION <br /> COVERING THIRD LIFT REQUIREMENTS FOR FARGO AVENUE FROM TONNE ROAD <br /> TO LIVELY BOULEVARD ACCEPTED BY RESOLUTION NO. 5-71 <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 l : That the President and Board of Trustees do hereby authorize <br /> release of letter of Credit No. 64453 in the amount of $10,000.uO from <br /> the Continental Bank and Trust Company of Chicago, covering Third Lift <br /> requirements for Fargo Avenue from Tonne Road to Lively Boulevard by <br /> Centex Corporation. <br /> Section 2: That this resolution is in full force and effect from and <br /> after its passage and approval according to law. <br /> PASSED this 12Th day of August 1975. <br /> APPROVED this 12th day of August 1975. <br /> w I <br /> `J A <br /> v <br /> Village President// <br /> ATTEST: 1d/ <br /> c—' <br /> P el� tri L 2 rel <br /> Village rk <br />