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HomeMy WebLinkAboutRes 24-74 10/01/1974 Ii RESOLUTION providing for the retirement of certain munici.pal indebtedness by the use of motor fuel tax funds HHEREAS, the VILLAGE of MOUNT PROSPECT has (City, Town, or Village) outstanding indebtedness described as follows: S9~_t_~~~~~__~~~E~_~=~~!:_!~~_~~~~~_~~~!_Y~!~:_P_~~:__~~:~~:_~~_~____~~~P_~_~:9_~~=~~~Ill (Title of bond issue or paving district and municipal motor fuel tax section nwnber) Bonds or Public Benefit Assessments NU1ubers of the Bonds or Assessmc,nts Interest. l:1Ir and Principal Date Due Amount Installment #3 $20,802.88 1/2/75 $20,802.88 and WHEREAS, in the opln~on of this body, the indebtedness described in the preceding paragraph may be retired with funds allotted to the municipality under the Motor Fuel Tax Law, and WHEREAS, it appears that sufficient motor fuel tax funds are or will be available when the above indebtedness is due, and WHEREAS, the President and Board of Trustees (~H~~~ president and board of trustees) , 19 , directed the Clerk of has, by resolution adopted Cook County to cancel the tax levy (for taxes collectable in (year) (Not applicable to special assessment ). which would (year) ."have produced funds to pay this indebtedness. projects.) NOW, THEREFORE, BE IT RESOLVED, that there" is hereby appropriated the sum of 'liwp ,..88/100------ Twenty thousand,eight hundred and00llars ($ 20,802.88 ) from funds allotted to the municipality under the Motor Fuel Tax Law for the payn1ent of the above-described indebtedness, and BE IT FURTHER RESOLVED, that the Clerk shall immediately transmit three (3) certi- fied copies of this resolution to the Region/District Engineer, Department of Trans- portation, at 595 S. State Street, Elgin , Illinois. 60120 Form BLR M-340 (Rev. 8-72) Sheet 1 of 2 I, lXXRR Mr. ~R&. Donald M. Goodman Village ~~y~~~ Village) Clerk in and for the Village (G(id\::}{~xxRXR::):X~X Vi 11. ag e) of Mount Prospect _ hereby certify the foregoing to be a true, perfect and complete copy of a resolution adopted by the ~~es$dant ~ Board of Trustees at a meeting on ;;n" (Councilor President and Board of Trustees) 1974 of IN TESTIl10l\!Y WHEREOF, I have hereunto set my hand and seal this ____ _" ~ , A.D. 19 7J,.f . ~ / day I 0",." l.<,;;.".c".., Village (~~XR~Xx~Vi11age) Clerk. (SEAL) Rorm BLR H -340 (Rev. 8- 72) Sheet 2 of 2