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HomeMy WebLinkAboutRes 12-55 07/19/1955 RESOLUTION NO. / RESOLUTION designating depository for funds of 'Waterworks Improve- ments 1954" BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY ILLINOIS: Section 1. That the Northern Trust Company, Chicago, Illinois be and it is hereby designated as the depository for the proceeds of the sale of water revenue bonds of "Waterworks Improvements 1954 ". Section 2. That all withdrawal of funds from said account shall be upon the signatures of the president, the Village Clerk and the Village Treasurer and they are hereby designated as the officials to draw on said funds from the account to be designated as "Village of Mount Prospect Waterworks Improvements 1954 ". Section 3., That this resolution shall be in full force and effect forthwith upon its passage and approval. PASSED: this 19th day of July, A.D. 1955. APPROVED: this 19th day of July, A.D. 1955. ( '(