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HomeMy WebLinkAboutRESOLUTION - 78-95 - 12/12/1995 - LOSS COLLECTION OF 1995 PROP. TAX LEVY RESOLUTION NO. 78-95 A RESOLUTION AUTHORIZING A FACTOR OF 3% FOR LOSS IN COLLECTION FOR THE 1995 PROPERTY TAX LEVY FOR GENERAL OBLIGATION BONDS SERIES 1989, SERIES 1991, SERIES 1992, SERIES 1993, SERIES 1994 NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois: Section 1 . That the County Clerks of Cook & DuPage Counties, are hereby authorized and directed to apply a factor of 3% for loss in collection for 1995 property taxes to be extended for General Obligation Bonds for the Village of Elk Grove Village, Counties of Cook Counties of Cook and DuPage, Illinois. Section 2. That the Village Clerk is hereby authorized and directed to file a certified copy of this Resolution with the County Clerks of Cook and DuPage Counties, Illinois, prior to December 26, 1995 . Section 3. That the Village Clerk is hereby authorized to publish this resolution in pamphlet form. Section 4. That this resolution shall be in full force and effect from and after its passage, approval and publication according to law. VOTE: AYES: 6 NAYS: 0 ABSENT: 0 PASSED this 12th day of December , 1995. APPROVED this 12th day of December , 1995. Dennis J. Gallitano Village President ATTEST: Patricia S. Smith Village Clerk