HomeMy WebLinkAbout92-268 RESOLUTION
AUTHORIZING EXECUTION OF CONSENT TO REDEMPTION OF
INDUSTRIAL REVENUE BONDS, SERIES 1979, GABRIEL REALTY PROJECT
WHEREAS, the Borrower has requested the consent of the
City of Elgin, as Issuer, to the redemption of all outstanding
bonds; and
WHEREAS, the Issuer consents to said redemption.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ELGIN, ILLINOIS, that George VanDeVoorde, Mayor, be
and is hereby authorized to execute a consent to said
redemption on behalf of the City of Elgin, a copy of which is
attached, and forward the consent to the Trustee, American
National Bank and Trust Company of Chicago.
s/ George VanDeVoorde
George VanDeVoorde, Mayor
Presented: October 28, 1992
Adopted: October 28, 1992
Vote: Yeas 6 Nays 0
Recorded:
Attest:
s/ Dolonna Mecum
Dolonna Mecum, City Clerk