1976-12-06 - Resolution 1976-52 - Village wishes to settle court case 76-382 In the Appellate Court 2nd District RESOLUTION 76-.
WHEREAS, there is currently pending in the Appellate
Court of Illinois, Second District, case number 76-382
entitled Exchange national Bank of Chicago as Trustee under
Trust ;23674 and Chesterfield Development Corporation, Plaintiffs
Appellees and Village of Buffalo Grove, Defendant-Appellant;
and
WHEREAS, the above named parties desire to settle the
aforesaid litigation;
Be It resolved by the President and Board of Trustees
of the Village of Buffalo Grove, Cook and Lake Counties,
Illinois;
Section 1. That the settlement agreement attached
hereto aT'1G TZade a part hereof as exhibit A correctly
sets forth the terns agreed to by all parties concerned.
Section 2. The President of the Village of
Buffalo Crove i�s hereby authorized and directed to
sign the attached settlement agreement on behalf of
the Village of Buffalo Grove.
Section 3. That upon execution of the Settlement
Agreement by afl parties, case number 76-332 in the
Appellate Court of Illinois, Second Iistrict, will be
dismissed with prejudice by stipulation. The Village
Attorney is hereby authorized and directed to sign
such stipulation.
This resolution shall be in full force and effect from
and after its passage and approval according to law.
AYES: � NAYES: 0 ABSENT: /
PASSED: �.t-L. G , 1976
APPROVED: ,'ass., G --- , 1976
APPROVED:
vif age President
ATTEST:
VIrrar,e eferk
r C
9
1 r ��