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RESOLUTION NO. 129-73 <br />A RESOLUTION RELEASING A LETTER OF CREDIT RELATING TO A THIRD LIFT <br />AS REQUIRED BY RESOLUTION NO. 23-69 <br />NOW, THEREFORE, BE IT RESOLVED by the President and Board of <br />Trustees of the Village of Elk Grove Village, Counties of Cook and <br />DuPage, State of Illinois: <br />Section 1. That the President and Board of Trustees do hereby <br />authorize release of Letter of Credit No. 53993 expiring on <br />January 2, 1972 and extended by Amended No.1001484 to January 2, <br />1974, in the amount of $20,000.00 as required by Resolution No. 23-69, <br />to cover third lift requirements for Chase Avenue from Tonne Road <br />east to a Point 285 feet north of Touhy and Lively Boulevard from <br />the Railroad Spurline south of Chase Avenue north to Landmeier Road. <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 27th day of November <br />1973. <br />APPROVED this 27th day of November , 1973. <br />ATTEST: <br />Village Clerk <br />