HomeMy WebLinkAbout2543_001NEXT ORDINANCE NO. 2532
NEXT RESOLUTION NO. 26-74
ORDER OF. BUSINE S S
Village Board Tuesday, 8:00 PM
Village of Mount Prospect October 221 1974
Special meeting of the Mayor and Board of Trustees of the
Village of Mount Prospect called by Mayor TelBerton Friday, tv
October 18, 1974 pursuant to Chapter 2"'The Board, of Trustees
0
Section 2.103 "Meetings" as specified in, the Municipal Code of'
Mount Prospect.
CALL TO ORDER
r
2. INVOCATION
3. ROLL CALL
MAYOR ROBERT D. TEICHERT
TRUSTEE ANDERSON TRUSTEE CAYLOR
TRUSTEE GUSTUS TRUSTEE"RICHARDSON
TRUSTEE HENDRICKS TRUSTEE SCHOLTEN
4. DISCUSSION AND DETERMINATION OF THE DOLLAR AMOUNT
OF THE FORTHCOMING BOND ISSUE CONCERNING LAND
ACQUISITION
54, ADJOURNMENT
MINUTES OF THE SPECIAL MEETING
OF THE
MAYOR AND BOARD OF TRUSTEES
October 22P 1974
CALL TO ORDER
Mayor Teichert called the meeting to order at 8:07 PM.
INVOCATION
Trustee Hendricks gave the invocation.
This special meeting of the Mayor and Board of Trustees
of the Village of Mount Prospect was called by Mayor
Teichert on Friday, October 18, 1974 pursuant to Chapter
2 "The Board of Trustees" Section 2.103 "Meetings" as
specified in the Municipal Code of Mount Prospect.
ROLL CALL
Present upon roll call: Teichert Anderson Caylor
Gustus Hendricks Richardson
Scholten
The purpose of the meeting was to determine the dollar
amount of a bond issue concerning municipal land ac-
quisition. Mayor Teichert also stated two other matters
would be considered; namely, an ordinance concerning cre-
ation of a Downtown Redevelopment Commission and author-
ization for the Village Attorney to intervene in litiga-
tion involving the Old Town Sanitary District and the
Metropolitan Sanitary District.
EXECUTIVE SESSION
At 8:10 PM Mayor Teichert requested the Board to recess to
act as a Committee -of -the -Whole with the Library Board in
Executive Session. The Board reconvened at 9:1P.M.
Present upon roll call: Teichert Anderson Caylor
Gustus Hendricks Richardson
Scholten
BOND ISSUE
Trustee Scholten, seconded by Trustee Richardson, moved
the Board approve a $4,000,000.00 bond issue as per Table
of the proposal from Paul D. Speer & Assoc. Inc. which
would be over a 20 -year period, based on a 6-1�i% interest
with an average rate of 1.58. 1
Considerable discussion followed. Mr. John Parsons,
President of the Library Board, Mr. Robert McBride of the
Planning Commission, and the following citizens requestei
clarification of the action before the Board:
R. Pascoe, 12 S. Maple, R. Neiltzke, 6 S. Maple,
E. M. Karl, 16 S. Maple, Hilda Lothary, 10',,.,,8.'Maple,
T. Marty, 14 S. Maple, Oskar Lenhardt, 10 S. Maple,
T. Schultze, 20 S. Maple, G. Neiltzke, 2 S. Maple,
E. Kruse, 4 S. Maplel F. Schm3"-,dt,, 8 S. Maple.
Roll call vote on motion: Ayes: Richardson
Scholten Anderson Caylor Gustus Teichert
Nays: Hendricks
Motion carried.
Trustee Gustus, seconded by Trustee Richardson, moved
to waive the rules to bring the subject of litigation
to the floor.
Upon roll call: Ayes: Anderson rson Caylor Gustus Hendricks
Richardson Scholten
Mayor Teichert reported ehere is1itigation between Old
Town Sanitary District in Prospect Heights and the Metro-
politan Sanitary District which would impose double tax-
ation. Wheeling has intervened in the suit over this
jurisdictional question. Trustee Hendricks, seconded by
Trustee Richardson, moved to authorize the Village Attorney
to intervene in the same litigation on behalf of the Village
of Mount Prospect.
Upon roll call: Ayes: Anderson Caylor Gustus Hendricks
Richardson Scholten
Motion carried.
Trustee Richardson, seconded by Trustee Caylor, moved
to waive the rules to consider an ordinance for the creation
of a Business District Development and Redevelopment Com-
mission.
Upon roll call: Ayes: Anderson Caylor Gustus Hendricks
Richardson Scholten
Motion carried.
Trustee Scholten, seconded by Trustee Richardson, moved
to waive the rules requiring two readings of the above
ordinance.
Upon roll call: Ayes: Caylor Gustus Hendricks Richardson
Scholten
Nays: Anderson
Motion carried.
p. 2 10/22/74
Trustee Richardson, seconded by Trustee Scholten,
moved for passage of Ordinance No. 2532:
AN ORDINANCE AMENDING ARTICLES XIII OF CHAPTER
FIVE OF THE MUNICIPAL CODE
Upon roll call: Ayes: Anderson Caylor Gustus Hendricks
Richardson Scholten
Motion carried.
ADJOURNMENT
trustee Scholten, seconded by Trustee Hendricks, moved
the meeting be adjourned. Time: 11:00 P.M. Unanimous.
DONALD W. GOODMAN, Village Clerk