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92-15 q a_ RESOLUTION AUTHORIZING EXECUTION OF A FIRST MODIFICATION AGREEMENT WITH THE ELGIN DEVELOPMENT CORPORATION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that George VanDeVoorde, Mayor, be and is hereby authorized and directed to execute a First Modification Agreement on behalf of the City of Elgin with the Elgin Development Corporation for the transfer of certain interest in the Farm Colony, a copy of which is attached hereto and made a part hereof by reference . s/ George VanDeVoorde George VanDeVoorde, Mayor Presented: January 22, 1992 Adopted: January 22, 1992 Omnibus Vote: Yeas 6 Nays 0 Recorded: Attest: s/ Dolonna Mecum Dolonna Mecum, City Clerk