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HomeMy WebLinkAboutORDINANCE - 148 - 11/28/1960 - CALLING SPECIAL ELECTIONORDINANCE NO. 148 AN ORDINANCE calling an election to submit to the voters the question of issuing S420p000 Library Bonds of the Village of Elk Grove Village, Cook County, Illinois WHEREAS, the Board of Library Directors of the Village of Elk Grove Village have certified to President and Board of Trustees of the Village of Elk Grove Village its Resolution of determination to acquire a site, construct and equip a new public library thereon and to acquire the existing building now used as a public library in the Village of Elk Grove Village, adopted September 28, 1960, and said Resolution is on file in the official Records of this Village; and WHEREAS, it is deemed advisable, necessary and for the best in- terests of the Village of Elk Grove Village, Cook County, Illinois, and its inhabitants that there be constructed a new public library building and equip same on a site to be acquired and to acquire the existing building now used as a library to provide adequate and useable library services and facilities; and WHEREAS, said Village does not have sufficient funds on hand for the purpose of paying the cost thereof in an aggregate principal amount of $420,000. and to accomplish such purpose it will be necessary for said Village to borrow money and in evidence thereof issue bonds, and before such bonds may be issued the question of the issue thereof must be submitted to the electors of said Village and approved by a majority of said electors voting on said question at an election called for that purpose. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF ELK GROVE VILLAGE, COOK COUNTY, ILLINOIS, AS FOLLOWS: Section 1 That it is hereby determined to be in the interests of the inhabitants of the Village of Elk Grove Village that there be construc- ted a new public library with necessary equipment therefor on a site to be acquired and to acquire the existing building used as a public library as described in the preambles hereto, and for that purpose it will be necessary that this Village borrow money and in evidence thereof issue bonds to ac- complish such purpose. Section 2 That there be borrowed bye or and on behalf of said Village the sum R14201000. for the purpose of paying the cost of acquiring a new site, constructing a new public library thereon with necessary equip- ment therefor and to acquire the existing building used as a library, and that to evidence said load negotiable bonds of said Village be issued, to be designated "Library Bonds" in the principal sum of X420,000. and to mature serially on February 1 in each of the years and in amounts as follows: X203000. - 1963 through 1968 625,000• - 1969 through 1974 630,000. - 1975 through 1979 bearing interest at a rate not to exceed five per cent (5%) per annum. Section 3 That the question of issuing said bonds in the princi- pal amount of $W20,000. for the acquisition of a new site, constructing a new library building thereon, equipping it, and to acquire the existing building now used as a library for said Village be submitted to the legal voters of said Village at a special election which is hereby called to be held in and for said Village on December 17, 1960, between the hours of 6 o'clock A.M. and 6 otclock P.M. of said day, and for the purpose of said special election, said Village shall be divided into the election precincts with polling places designated therefor, as further described in Section 4 hereof. Section 4 That the Village Clerk of said Village be and is hereby ordered and directed to cause notice of said election to be given by publica- tion of notice thereof once in the Elk Grove Herald,ihe same being a news- paper of general circulation in said Village (there being no newspaper printed or published in said Village), the date of such publication to be not more than thirty (30) days nor less than fifteen (15) days prior to the date set for said special election, and said notice as published shall be in sub- stantially the following form: NOTICE OF SPECIAL ELECTION PUBLIC NOTICE IS HEREBY GIVEN that a special election will be held in the Village of Elk Grove Village, Cook County, Illinois, on Saturday, December 17, 1960, at which time there will be submitted to the electors of said Village the following question: Shall bonds in the amount of $420,000. be issued by the Village of Elk Grove Village, Cook County, Illinois, for the purpose of acquiring a site, constructing and equipping a new public library thereon, and acquiring the existing building now used as a public library in said Village, maturing serially on February 1 in eachcf the years and in amounts as follows: $203000. - 1963 through 1968 $25,000. - 1969 thruugh 1974 $30,000. - 1975 through 1979 bearing interest at the rate of not to exceed 5% per annum? That for the purpose of said election the Village of Elk Grove Village shall be divided into two election precincts with the following polling places therefor: Precinct 1. All that part of the Village of Elk Grove Village lying north of the center line of Landmeier Road in said Village. Polling Place: Public Library 38 Forest Lane Elk Grove Village, Illinois Precinct 2: All that part of the Village of Elk Grove Village lying south of thiscenter line of Landmeier Road in said Village. Polling Place: Ridge Public School Ridge Road & Victoria Lane Elk Grove Village, Illinois The polls for said election will be opened at 6:00 O'clock A.M. and will be closed at 6:00 o'clock P.M. on the date of the election, and all persons qualified to vote at regular Village elections are qualified to vote on said question, but most vote at the Polling Place designated for the election precinct within which they reside. By order of the President and Board of Trustees of the Village of Elk Grove Village, Cook County, Illinois. DATED this day of , 1960 President Village Clerk Section 5 That the Ballot to be used at said election for the purpose ofsumma rt ng the question to the electors shall be in substantially the following form: -2- 6-148 (Instruction to Voters: Place a cross (x) in the square to the right opposite the word indicating tie way you desire to vote.) # Shall bonds in the amount of $420,000. be issued " it # # by the Village of Elk Grove Village, Cook County, " It # # Illinois, for the purpose of acqu'ring a site, " YES " # # constructing and equipping a new public library, " ° # # thereon, and acquiring the existing building now " " # # used as a public library in said Village, matur- " " # # ing serially on February 1 in each of the years # # and in amounts as follows: " NO " # # $20,000. - 1963 through 19 68 " " # # $25,000. - 1969 through 1974 " " # # $302000. - 1975 through 1979 " " # # bearing interest at the rate of not to exceed 5%? " " # On the back of the Ballot shall appear the following: OFFICIAL BALLOT Special Election held December 17, 1960, in and for the Village d Elk Grove Village, Cook County, Illinois. BALLOT for voting on the question of issuing $420,000. Library Bonds. Precinct: Polling Place: (facsimile signature) VILLA_UEC LERK of ithe VILLAGE OF ELK GROVE VILLAUE, Cook County, Illinois Section 6 That the Village Clerk is hereby ordered to cause a sample of T&—allot to be published once in the Elk Grove Herald, the same being a newspaper of general circulation within the said Village (there being no newspaper printed or published in said Village) not less than five (5) days prior to the date set for said election, and procure and prepare all necessary election materials for holding and conduting said election. Section 7 That for said election, the following are hereby ap- pointed juffgasto conduct said election: PRECINCT 1. PRECINCT 2. Augusta G. Smith, 12 Evergreen St. Beverly Krasnow, 497 Verde Lane Frank Robinson, 131 Tower Lane Phoebe Nyren, 724 Delphia Ethel K. Dunn, 34 Woodcrest Lane Jeannette Hewes, 782 Bonita Pauline Stanfield, 15 Wildwood Rd. Jodie Snyder, 217 Victoria Lane Mary R. Smith, 305 E. Higgins Rd. Dorlene LaVanway, 692 Middlebury Section 8 That this ordinance shall become effective immediately upon its passage and approval. PASSED: the 28th day of November, 1960. APPROVED: the 28th day o& November, 1960. President Charles A. Hodlmair Attest: Dolores L. Oberg Village Clerk