92-220 v G
ork RESOLUTION
AUTHORIZING EXECUTION OF AN AGREEMENT TO TERMINATE ESCROW
(Elgin Area Historical Society)
WHEREAS, the escrow agreement dated March 23, 1989 by and
between the City of Elgin and the Elgin Area Historical
Society establishing an escrow which shall continue until
termination in writing by the City and Society; and
WHEREAS, the escrow account was established to facilitate
the completion of the Museum at Old Main; and
WHEREAS, renovation of aforesaid Museum has now been
completed.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN,
ILLINOIS, that Larry L. Rice, City Manager, be and is hereby
authorized and directed to execute an Agreement to Terminate
Escrow on behalf of the City of Elgin with the Elgin Area
Historical Society for the termination of the escrow account
established by agreement on March 23, 1989 for the renovation
of the Museum at Old Main, a copy of which is attached hereto
and made a part hereof by reference.
s/ George VanDeVoorde
George VanDeVoorde, Mayor
Presented: August 12, 1992
Adopted: August 12, 1992
Vote: Yeas 7 Nays 0
Recorded:
Attest:
s/ Dolonna Mecum
Dolonna Mecum, City Clerk
er-