HomeMy WebLinkAboutOrd 4663 08/16/1994 ORDINANCE NO. 4663.
AN ORDINANCE PROVIDING FOR THE SUBMISSION OF
A CERTAIN QUESTION TO THE ELECTORS OF
THE VILLAGE OF MOUNT PROSPECT, ILLINOIS
PASSED ~ND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
THE 16TH DAY OF AUGUST , 1994
Published in pamphlet form by
authority of the corporate
authorities Of the Village of
Mount Prospect, Illinois, the
16th day of August , 1994.
8/t t/94
ORDINANCE NO. 4663
AN ORDINANCE PROVIDING FOR THE SUBMiSSiON OF
A CERTAIN QUESTION TO THE
ELECTORS OP THE VILLAGE OF MOUNT PROSPECT, ILLINOIS
WHEREAS, the Mount Prospect Public Library has played a vital role in the community; end
WHEREAS, the 1974 Library Board had the foresight to understand that the demand for library sauces
continually increases and deslgned the present building with a structure that can support a second floor;
and
WHEREAS, the community demand upon the Mount Prospect Public Library for Immediate, complete and
accurate information in a variety of formats is ever increasing; and
WHEREAS, increased funds are required in order to provide additional space and to pay for additional
operating costs necessary to continue to maintain the high level of services expected by the Mount
Prospect community from the Mount Prospect Public Library; and
WHEREAS, It has been determined by the Board of Library Trustees that an additional twenty-six cents
($0.26) per one hundred dollar ($100) equalized assessed valuation Is necessary to accomplish this result,
thirteen cents ($0.13) of which will generate sufficient revenue to pay principal and Interest on bonds to be
issued in the amount of $15.5 million dollars, and the remaining thirteen cents ($0.13) of which will generate
sufficient funds to cover additlonal operating costs prompted by the expansion; and
WHEREAS, the Village of Mount Prospect is a home rule unit within the meaning of the Constitution of
Illinois, t970; and
WHEREAS, pursuant to a request developed and agreed upon by the Board of Library Trustees, the
President and Board of Trustees of the Village of Mount Prospect desire to submit to the electors of the
Village of Mount Prospect a proposition concerning the expansion of the Mount Prospect Public Library;
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE
VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION ONE: That the following question be submitted to the electors of the Village of Mount Prospect
at the General Election to be held in November, 1994:
Shsll the snntm! library tnx for renovation. Yes
Vilh~ge of Me, mt Prospect be Incre~se(I from
percent to .53 percent7 No
SECTION TWO: That the Village Clerk of the Village of Mount Prospect, as the local election official, is
directed hereby to file a certified copy hereof with the Cook County Clerk and within the time authorized by
law certify the public question to be submitted to the voters of the Village of Mount Prospect at the
aforesaid November. 1994 General Election to the election authority having jurisdlction over any of the
territory of the Village of Mount Prospect in which the aforesaid question Is to be submitted to referendum,
as well as all other persons authorized by law to receive such notice and/or certification.
SECTION THREE: That this Ordinance shall be in full force and effect from and after its passage,
approval, and publication In the manner provided by law.
AYES: Clowes, Hoefert, Skowron, Wilks
NAYS: Hendricks
ABSENT: Corcoran
PASSED AND APPROVED this 16th day of AugUst , lgg4
- Village President
ATTES :~ Pro Tern
Dep~/~ Vi l l~ge