HomeMy WebLinkAboutORDINANCE - 144 - 10/24/1960 - 1960 LIBRARY TAX ANT. WARRANTSAN ORDINANCE providing foo, the issuance
of 1960 Library TaxAntl ii.,.`.i •n Waizrante
of the Vlj. _A.GI; 01' �;I.I; C,R O , i
in Cacti
WHEREAS tai Premient 0 ?c,...,: o^..,',,i3teez of t!:, �!'....,
F` ELY GROPE VJI,LACN County of Cc& awl 6 nf— Lf W
':n Resobaion of the Board of I_.i-brary Me. &: 11 of the TU i:Uld I'!' M
CHICIVE VILLAGE, find thyt these it no rnone v in the trod• :., y r.i th-,
. Mage with which to defray the ordin.a ry ar _. „ _.. ,,=,dry e_npz n;: e9 i-�
,i.brAvy purpose: and that it is :For tine Last , iterwt of th-•. -1,ihcat
it anaV:::;crare the issuance of its 1960 1AWary TwAclicinpt,wt "its
ai q.•rr-:'d,e funds to meet mach imp-nsew and
MAE7RMf:-.'
. this 111laom
by ;a.r.
alpor,,priation Ole 3�
on th:. lith
14y of July
1'60
-n,)
pu'n).^s1:ad acr-or: i�st; Yo
!':w
on th, 21 at day of Italy, 1960, appropl i-Aed :=urns for
enc purr,Aant to such QTropriatir" 0rdi, once tho7eeafier w) tK: MA My of
A.ul;unt; 1960„ adopted, its Tax I et C1nUntnne lei ying taxes for raid
.arpor,as and x cerlMOd COPY of .-ail Tars Lot ' )rdinance hats b.. n
0,- 1 with the County Clerk of Gook County 12UPcoe:
NOW. FE T ("CIAlN E-0 by the Pa aside,, and
cirri of Tru;,4cr.s of*1•t 1.'11.1.3.f.'. 01" Q.50 VILLAGJs, G„oi:
i 0%lat' I11illoi6=
S ;C'.t'iC-;Iti 1. 1'i __ b,, _ve i� r16 >,uthr.:
m- xn, tied &--d d, 1i, e:. 0 - . T,,ip , _.o:, VVY- .....
t: c.rnot:i;t A TITTRITY I': flubWol ISO . 090, i:'a:j.i ... -
'r ._r;r.r::;l .a :hili be nun,,b +'ed 1. .1 to L tr. iuei.e. aad c,[ _.
c_ naminationti of $.`'i: 000. That said ` ar. am? v bear interest at thc, rani c..
three and one-lalf jorcent (s 1iti`,'uD Y -Y. 81. :1101 1100 dat: until INK,
an. `:� dated wl ea issued sa'.6 W r,'s,1t p ,� ::; l.thr:i.ry F and :hz• i I
lie ie,,_u-d in :anticipatior of t!ae c.,llci":i . - . . 4 ,*i . , ie, • ;i i;, th, ,
c -1r ;140 by the Preoida•rt, F=nr, .":;ante ^f Oe .;7-! w
EJJ. .zROVF; VILLAGE o_a all of the tr _..:e thin lklo
said Fund, Said Warrauts shQ! be •if;.: 1 hi ¢1iir. I'yesidint ar:
.• vzted by the Clerk of thio Vi1JagP 'on s',n1..• t h the rorpora±z- ..f.t:
of saij Wage and be ref,isterei_l by C C'rr of thin
SECTION 2: That said Vla; _rn! ill in ;,.it :k . ` -!:,
the tnli^Wing forth:
(form of Tl,,( Antis i:z::. , : `Varrantl
L'BR.ARY FUND MIX IVARi2tNT
VIL.I.AGE .^.F EU'. GKO: '': -Lf LA.GF;
GOUNT'Y OF C- -1 CJli
•�i'ATL, OF ILLINOIS
M. rL i,1.OTr Vi I../'. ,i I LINOLS
tvC. 1 1')6(i x$5.000 00
'•sl_ i1., of 1110
Villar, of ::;1':c Grove Vi1L.t e
f,'oc,k i , nxai y Illinois:
Pursuant to p;,oc nc, dngr rz :pen •.
cite I'r"eside.yt and Board of
'Vruetc.lr; of the VILUGl; Citi liLI<: {.?.;•'''r'
is 7.4.r'r:. County of Crook
and `Aa6e of 111inois, you ar.z !nlve'n,y :',i.ract..1
frty to be .rer out (A.,
laxc . lcviae. by said Pr��L:dent a.70 ;3..iri. o'
i;:>e in anil for said
ilia c in the year 19617 ic>r. ldb az
s :3 C) n as fa=.ds bernive
a, sil. is the sum of VIVF' '1'l,• NKAPl i :*'> _.•:,
11 .- 1 .:7RS, toget.h ,:
•:.lith i Aoiem thereon at Qu .:to & wnre 7 ..
4; !r per: e,at (3 1 )
l,srac:_nism, .ro_si 6atL hemi.: • _-. 100
,_.. ..e,!5 c eha'lbc n Iai,
pu10;miiou isa newss;alr,:: (n ,.v,,k . ..
..-•}., forChe pr, ;..)=.+r
harwo? W available, ant tL.a l:.E:a '` .;
v MA u, a -oven son
l;, w, •._. - 1, hceyer. .his `r..:.t i>-,;
; } , ;U17 Olin Ito. ;f
M co 1 1.(i. ynyst amt U` the r. _. • c P mvt - "i•.'
.. n tQr:d,
lids Warrant r- autuo n&
' 10 P1, I- •:7" fir
to 2a".6 the ordinary and. ; ,cessarj m r..
.A W .•:..1Q, for i 0'.n .'k
purposes. You are required by r.x:at
1 :;acli taxer. a;�art "n i e •'
same for the payment of said i, a::rar solely
from said tamm when
collected and not othervfioe.
AzTEST:
B VIIS'TEftED:
reasurer.
Presidem -e'll..'+.:AGE OF ELK GBO';11171 V131:,,^C,rr'.
Cook County yi;inois,
SECTION 3: That :-;aid Warrarits ruthorised by this Ordinance
k--� deli: ered to the purcb L,,3er "hereof, ZU, 7, ':;T NATIONAL B,,.kN K OF
DES PJA1NES, Les Plaines. Illinois. ,Iale of said Warsante to said
aarchnoer at not less than pay value aivIA z ccs -read interest thereon be and
the same: is hereby confirmed and said officials are hereby directed to
execute and deliver said Warr", ts to Paid narchaser upon receipt of
the purchase price therefor as ecc:r as gossible after the adoption of
tAs Ordinance.
SECTION 4: That said tax levy herztofora made+ in the year
1960 for said purpoees be and the surf :- ire 1:7: i :>h; appropriated to pay the
Warrants herein authorised to be iseuc d �,g;aicaet the Library .Fund. The
Trea4urer of this Village is directed yrs ^.jip',r the first monies received
by him from said taxes for the heroin mentioned in the
paywout of tho Warrants berein att:xuas.<.,•= to bz 1crued against the raid
feuds, and (emcept insofar a.9 said Wt.rrr--ate a.aail have been used to pay
raid taxes) to pay said Wa:rraniw ao ya:;t: acs fctnru become available for
that purpose. Said Treaauror ia hes L•;< <Ii. -scud to notify said purchaser
:72vn funds are available to pay ;; ald t`°ao ra.c ._. sold to said purchaser.
SECTION 5: That it is a ;,arb of Oia consideration for the sale
of the Warrants hereby au2borined that deka Village will not in anywise
pledge or encumber said levy for the Paid purpose other than as herein
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l.... _ ..._.. .. ....,�..,..:,..•-..,:.a.w-�,,...:+s.^..-.n.-rw...w.u:*�T++�*....MMI�aeMw'�nrmaelr^*"i,'. '_, � ,.,�•vro^W:C'±.::.
pledged for the payment of said Tan Antiripatlon Warrants until Qucb tine
as said Warrants against the Library Farad nh&V. have been fui.<y puia,
bathg*, tp FF
fgFlPtl sad tatRls !lF•
SECT19N 6: 'blur Treapprer of the Village 1' p>tsmpx
directed to uss the proceeds of said Warrants for the purposes herein
set out }ad g9t otbsr!I►ias.
SECTION 7: That the Clerk of this Village is hereby directed
to filo a copy of this Ordinance vnth the. Treasurer of said Village.
Pr e s ide ut.
ATTEST:
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PASSED: 1 1960
APPROVED: 1960
RECORDED: 1960
AYES:
NAYS:
ABSENT:
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