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RESOLUTION - 1-83 - 1/11/1983 - ISSUANCE OF IRB'S, POLICY & PROCEDURES
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RESOLUTION - 1-83 - 1/11/1983 - ISSUANCE OF IRB'S, POLICY & PROCEDURES
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7/14/2016 5:46:32 PM
Creation date
7/13/2016 11:41:30 PM
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VC Ordinances & Resolutions
Ord-Res Type
RESOLUTION
Number
1-83
Date
1/11/1983
Title-Name
ISSUANCE OF IRB'S, POLICY & PROCEDURES
Address
AMEND RES NO 60-81
DocID
004658
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A. If the applicant is a corporation, legal counsel <br />should be present at the public hearing. <br />B. The Village shall prepare and place a legal notice <br />for publication in a newspaper of general circulation <br />within the Village of Elk Grove not more than 30 days <br />nor less than 14 days in advance of such hearing. <br />Section IV. Phase*4, paragraph D, should read as follows: <br />D. Costs and Fee. The applicant shall pay the Village a <br />fee, as established from time to time by the corporate <br />authorities, if Industrial Revenue Bonds are issued <br />for the project at the time such bonds are issued. <br />Such fee shall be considered a project cost. <br />In addition, the applicant shall be responsible for <br />and shall pay any and all out of pocket expenses <br />incurred by the Village of Elk Grove Village in <br />connection with the issuance of bonds including but <br />not limited to attroney's fees, preparation and <br />duplication of documents, and related costs. The <br />applicant shall be invoiced for and shall pay all <br />such costs within 10 days of receipt of said invoice. <br />Section 2: That this Resolution shall be in full force and effect <br />from and after its passage and approval according to law. <br />PASSED this " 11th day of January , 1983. <br />APPROVED this 11th day of January 1983. <br />VOTE: AYES: 5 NAYS: 0 ABSENT: 1 <br />Charles.J. Zettek .... <br />Village President <br />ATTEST: <br />Patricia S. Smith <br />Village Clerk <br />
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