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RESOLUTION NO. 60-75 <br /> A RESOLUTION RELEASING A LETTER OF CREDIT FROM CENTEX CORPORATION <br /> COVERING THIRD LIFT REQUIREMENTS FOR ARTHUR AVENUE FROM DEVON AVENUE <br /> TO ROUTE 83 AND LIVELY BOULEVARD FROM PRATT AVENUE TO DEVON AVENUE <br /> ACCEPTED BY RESOLUTION NO. 78-71 <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 1 : That the President and Board of Trustees do hereby authorize <br /> release of Letter of Credit No. 1004613 in the amount of $30,000.00 from <br /> the Continental Bank and Trust Company of Chicago, covering Third Lift <br /> requirements for Arthur Avenue from Devon Avenue to Route 83 and Lively <br /> Boulevard from Pratt Avenue to Devon Avenue by Centex Corporation. <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 August 1975, <br /> APPROVED this 12th day of August 1975. <br /> LX' I a a, PD's iden,f 1 <br /> I <br /> ATTEST: <br /> Village CICOA <br />