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HomeMy WebLinkAboutRes 46-98 10/20/1998 WL/ 10/14/98 RESOLUTION NO. 46-98 A RESOLUTION AMENDING RESOLUTION NO. 42-98 RELATIVE TO NEGOTIATING WITH TOWN CENTRE, EL.C, FOR THE DOWNTOWN REDEVELOPMENT PROJECT WHEREAS, the Mayor and Board of Trustees of the Village of Mount Prospect adopted Resolution No. 42-98 relative to extending the date for the Redevelopment Agreement between the Village of Mount Prospect and Town Centre, L.L.C. from August 21, 1998 to October 23, 1998; and WHEREAS, it has been determined that it would be in the best interest of the Village to extend the date for entering into the Redevelopment Agreement from October 23, 1998 to December 18, 1998. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That SECTION ONE of Resolution No. 42-98 is hereby amended by deleting "October 23, 1998" and substituting therefor the date "December 18, 1998." SECTION TWO: That this Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: Corcoran, Wilks, Lohrstorfer~.Nocchi, Hoefert NAYS: None ABSENT: C1 owes PASSED and APPROVED this 20th dayof October ,1998. Gera L. F d ,// Mayor ~ Village Clerk H:\GEN~olddoc\WIN~RES~TOWNCTR.t014.doc