Final approval by the President and Board of Trustees shall occur following preparation of all agreements, security instruments, guaranties and other documents by the developer's bond counsel, and furnishing of copies of said items to the Village legal counsel at least seven (7) days prior to final action. No final action may be taken without the affirmative vote of three-fifths (3/5) of the Corporate Authorities. (Ord. 80-40, 11-17-1980)