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1 - Village of Palatine

1 - Village of Palatine

1 - Village of Palatine

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NOW, THEREFORE, BE IT RESOLVED by the Mayor and council <strong>of</strong><br />

the <strong>Village</strong> <strong>of</strong> <strong>Palatine</strong> that:<br />

SECTION 1: Michael's <strong>of</strong> <strong>Palatine</strong> Construction Co. the developer <strong>of</strong><br />

the Michigan Court Planned Development has breached its obligation to<br />

satisfactorily complete the required improvements and the <strong>Village</strong> has<br />

notified the developer/owner <strong>of</strong> such breach.<br />

SECTION 2: It is recommended that a draw in its entirety upon the<br />

Letter <strong>of</strong> Credit #670021682·202 (First Midwest Bank) be authorized.<br />

PASSED: This ______ day <strong>of</strong> ______, 2012<br />

AYES: ____NAYS: ___~ABSENT: ______PASS: ____<br />

Mayor<br />

ATTESTED and FILED in the <strong>of</strong>fice<br />

<strong>of</strong> the <strong>Village</strong> Clerk this _____<br />

day <strong>of</strong> ,2012<br />

<strong>Village</strong> Clerk

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