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HomeMy WebLinkAboutRESOLUTION - 30-62 - 12/20/1962 - PURCHASE AGRMT/WATER COa/1e/LO/01 RESOLUTION NO. A RESOLUTION AUTHORIZING AN AGREEMENT BETWEEN THE VILLAGE OF ELK GROVE VILLAGE AND THE ELK GROVE WATER AND SEWER COMPANY, INC. RELATING TO THE ACQUISITION OF THE WATER AND SEWER UTILITY PROPERTIES OF SAID COMPANY BY THE VILLAGE OF ELK GROVE VILLAGE 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 President and Board of Trustees do hereby approve and do authorise the President and Village Clerk of the Village of Elk Grove Village to execute on behalf of the Village a purchase agreement, which purchase agreement provides for the purchase by the Village of Elk Grove Village of the pro- perties of the Elk Grove Water and Sewer Company, Ino., a copy of which purchase agreement is attached hereto, made a part hereof and incorporated by reference; and that the same shall become a binding obligation in accordance with its terms upon the Village upon its execution by the President and Village Clerk. Sectional. That this resolution shall be in full force and effect from and after its passage and approval according to law. PASSED this 20th day of December, 1962. APPROVED this 20th day of December, 1962. Pre dent Atteet: age Cl er L/