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HomeMy WebLinkAboutORDINANCE - 1402 - 8/26/1980 - NW SUB. WATER SYSTEM VENTUREORDINANCE NO. 1402 AN ORDINANCE CONSENTING TO THE ADDITION OF THE VILLAGE OF STREAMWOOD TO THE NORTHWEST SUBURBAN WATER SYSTEM NOW, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, State of Illinois, as follows: Section 1. It is found and declared by the President and Board of Trustees (the "Board") of the Village of Elk Grove Village (the "Village") as follows: A. The Village is a member of the Northwest Suburban Water System Venture (the "Venture"), which Venture was established and is governed by the Northwest Suburban Water System Agreement, B. The Agreement provides for additional municipalities to become a member of the Venture. C. The Village of Streamwood has executed the Agreement and agreed to the conditions established for membership by the Board of Directors of the Venture. D. It is in the best interests of the Venture and of the Village that the Village of Streamwood become members of the Venture. E. Section 3(a) of the Agreement provides that all the then municipal- ities in the Venture must consent to any new member and that such consent be auth- orized by ordinance adopted by the corporate authorities of the member municipalities. F. The Village desires to consent to the membership of the Village of Streamwood. Section 2, The Village consents to the Village of Streamwood becoming a member of the Northwest Suburban Water System Venture and authorizes and directs its President to execute on its behalf the Consent to the Village of Streamwood joining the Northwest Suburban Water System Venture. Section 3. This ordinance shall become effective as of its approvals by the President and Board of Trustees of the Village. PASSED this 26th APPROVED this 26th ATTEST: VOTE: AYES: 5 Fay M. Bishop Village Clerk day of August 1980, day of August , 1980. NAYS: 0 ABSENT: 1 Charles J. Zettek Village President