Loading...
HomeMy WebLinkAbout92-0325 Old Main Payout RESOLUTION APPROVING PAYOUT FROM THE OLD MAIN RESTORATION ESCROW ACCOUNT WHEREAS, the City of Elgin is the owner of certain real property upon which is a structure commonly known as Old Main; and WHEREAS, the City of Elgin and the Elgin Historical Society have entered into an agreement wherein Old Main is to be renovated and occupied by the Historical Society as a historical museum; and WHEREAS, pursuant to said agreement the plans and contract documents of such renovation are subject to the prior approval of the City of Elgin; and WHEREAS, on March 22, 1989 the City of Elgin, the Elgin Area Historical Society and the First National Bank of Elgin (escrowee) entered into an escrow agreement which established the Old Main Restoration Account and authorized the escrowee to make payments from said account on the written direction of the City of Elgin and the Historical Society; and WHEREAS, renovation work has been continuing and application has now been made for the payment of $829 . 95 from the escrow account. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that the First National Bank of Elgin is authorized and directed to release funds from the Old Main Restoration Account in the following amounts to the following suppliers : C.M. Kincaid $ 4 . 95 Mark Stephens, Handyman $ 450 . 00 Gary W. Tooney, Handyman $ 375 . 00 per the written direction of the Elgin Area Historical Society dated March 2, 1992, a copy of which is attached hereto and made a part hereof by reference. s/ George VanDeVoorde George VanDeVoorde, Mayor Presented: March 25, 1992 Adopted: March 25, 1992 Vote: Yeas 5 Nays 0 Recorded: Attest: s/ Dolonna Mecum Dolonna Mecum, City Clerk � tn 4 \\ftgt "i^ Elgin Area Hstoncal_Society • !‘ .1° 44w klCat sot) 9 \,4<e• 1 4' s4 r • March 2, 1992 ; `.) .. TO WHOM IT MAY CONCERN: RESOLVED: The Elgin Area Historical Society gives written direction on March 2, 1992, to NBD of Elgin to release funds in the following amounts to the following contractors/individuals, from the Old Main Restoration Escrow Account. Bill submitted on March 2, 1992. C. M. Kincaid 4.95 Mark Stephens $450.00 Handyman • Gary W. Toney ' = $375.00 Handyman M4 I \r-. Mar -t L. Krueger Cha an, Renovation Committee V� yl�ll. Marty Ayice Clute Elgin Area Historical Society Enclosures • • 360 Park Street, Elgin, Illinois 60120 (708) 742-4248 AMD%JIL-P1LInUM ?W. UP% IiI rI SALES _REC c• cit- - „„,Mor k 1 DATE:: 44-'" --1st i` "SOLD TO: ...Q _' ADDRESS �' 00_ STATES"=- T ±t '_ ZIP OTC ." _ D PRICE NETAMOUNT 4964/6 • KNCA1D AMS/011.DEALER • 841 Ruth Dttve Bgik 0 60120 SUB r _ �r`ie�/ 7:5 TOTAL T. S au, ev_a 6 /a TAX- '7 • • FREIGHT TOTAL S DEALa e'ti 411,4 1111aenea POMMY of owns.woe. s sr • • • • • U IQIG111G11i Date 2/42.0)z__ To C4f/ W. -7-e#:-) ▪ /1 C ..v, ▪ C�6 /it! /c. of 20 i Please detach and return upper portion 3 7� a,v with your remittance. $ Date Charges and Credits Balance 2p0 G /ties- z4 so . c a . 2//9/91 7 /-/gitc . 1-0904.C., ioc 2/201- s- Her. «{go( ?s, Gro • ,21/2011 7 NRS. L/3 d°'e /oS-- To 4r wi w ha 4) c�sz�s •c- 375=0-1 tgl.¢•AMA/G q- /'7'5--C . Cco✓-vid_ EZC ru ASf'SSec. 3160 ,i49ac/! C4, i) /A . 6D/ ZOWilsonJonss •uSA ' Your Check is Your Receipt •