1 - Village of Palatine

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RESOLUTION NO. ____ Resolution Authorizing a Reduction of Security for the Palatine Hicks Road Planned Development (LOC #CPCS R941985) Pursuant to the Village of Palatine Municipal Code, Appendix "A ", Zoning, Section 13.07 ( C ) (4 ) WHEREAS, on the 27th day of May, 2011, Bradford Real Estate for good and valuable consideration agreed to satisfactorily complete the Palatine Hicks Road Planned Development; and WHEREAS, pursuant to Section 13.07 ( C ) (4) of Appendix "A II, Zoning of the Code of Ordinances of the Village of Palatine, an owner or developer is required to deposit a Letter of Credit with the Village of Palatine to guarantee the satisfactory completion of a planned development; and WHEREAS, in the matter of the Palatine Hicks Road Planned Development located at the northeast corner of Hicks and Baldwin Roads, an Irrevocable Letter of Credit #CPCS R 941985 (JP Morgan Chase) in the amount of $100,000.00 was deposited with the Village of Palatine on the 27th day of May 2011; and WHEREAS, the final certificate of occupancy has been issued for the Mariano's building at 545 N. Hicks Road and Bradford Real Estate has made an application for a reduction of the Irrevocable Letter of Credit #CPCS R941985 (JP Morgan Chase) in the amount of $50,000.00 pursuant to the terms of the redevelopment agreement. NOW, THEREFORE, BE IT RESOLVED by the Mayor and council of the Village of Palatine that:
SECTION 1: Approval pursuant to the Palatine Municipal Code, Appendix "A ", Zoning, Section 13.07 (C) (4) be and is hereby granted for the reduction of the Letter of Credit #CPCS-941985 (JP Morgan Chase) and dated May 27, 2011. SEC1"ION 2: Said Letter of Credit #CPCS-941985 (JP Morgan Chase) having a value of $100,000.00 be and the same is hereby reduced by $50,000.00 to a remaining amount of $50,000.00. PASSED: This ____day of , ______ 2012 AYES: ____NAyS: ____ ABSENT: ___ PASS: ____ Mayor ATTESTED and FILED in the office of the Village Clerk this ____day of , _____,2012 Clerk
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Village Manager's Office VILLAGE OF
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VILLAGE COUNCIL MEETING COMMITTEE O
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Minutes of the Regular Meeting of t
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TYPE: ORDINANCE SUBMITTED BY: PLANN
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ORDINANCE NO. ___ AN ORDINANCE GRAN
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DEPARTMENT OF PLANNING & ZONING 200
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ZONING BOARD OF APPEALS JUNE 12,201
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PLAT OF SURVEY Lo'r 4 IN BLOCK "11
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SPECIAL USE Required. Materials o
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DEPARTMENT OF PLANNING & ZONING 200
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ZONING BOARD OF APPEALS JUNE 12, 20
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ZONING BOARD OF APPEALS JUNE 12, 2
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ORDINANCE NO. _____ AN ORDINANCE TR
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SPECIAL USE TRANSFER JUN - 4 2012
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ORDINANCE NO. 0-190-06 AN ORDINANCE
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ORDINANCE NO. _____ AN ORDINANCE AM
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PLAN COMMISSION Tuesday, April 17,
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Page 149 and 150: CONSENT AGENDA MONDAY, JUNE 25, 201
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Page 159 and 160: TYPE: MOTION SUBMITTED BY: Finance
Page 161 and 162: 1316 N. RAND ROAD 1295 " 1 inch =20
Page 163 and 164: SPECIAL USE TRANSFER Business Owne
Page 165 and 166: proprietor without amendment to the
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Page 169 and 170: RESOLUTION NO. ____ Resolution Aut
Page 171 and 172: TYPE: RESOLUTION SUBMITTED BY: PLAN
Page 173 and 174: SECTION 1 : Michaels of Palatine Co
Page 175 and 176: RESOLUTION NO. _____ Resolution Au
Page 177 and 178: TYPE: RESOLUTION SUBMITTED BY: PLAN
Page 179 and 180: SECTION 1 : Inverness Financial, In
Page 181 and 182: RESOLUTION NO. ____ Resolution Aut
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Page 185 and 186: NOW, THEREFORE, BE IT RESOLVED by t
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Page 195 and 196: TYPE: MOTION SUBMITTED BY: PLANNING
Page 197 and 198: NON-NEGOTIABLE DRAFT FOR DISCUSSION
Page 199 and 200: Village Manager's Office VILLAGE OF
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1 - Village of Palatine

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