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HomeMy WebLinkAboutOrd 949 01/07/1964 c..y L.f / 7' ORDINANCE NO.7/' AN ORDINANCE PROVIDING FOR THE SUBMISSION TO THE VOTERS OF THE VILLAGE OF MOUNT PROSPECT THE QUESTIONS OF ISSUING $200,000 FIRE STATION BUILDING BONDS, $130,000 FIRE EQUIPMENT BONDS AND $215,000 PUBLIC WORKS BUILDING BONDS, AT A SPECIAL ELECTION TO BE HELD BY SAID VILLAGE ON THE 8th DAY OF FEBRUARY, 1964. WHEREAS, the Village of Mount Prospect is the owner of a parcel ~operty irregular in shape consisting of one platted lot and ~arts of two other platted lots having a frontage along the south side of Golf Road of 155 feet by a depth of 150 feet along its easterly boundary and 214 feet along its westerly boundary, said ~rorerty being 164 feet east of Busse Road and 752 feet west of R~bert Drive, said property being legally described as follows: Lnt 1 in Block 1 in Elk Ridge Villa Unit NO.1, being a Subdivision in the West half of the West half of Section 14" Township 41 North, Range 11 East of the Third Principal Meridian, according to plat thereof registered in the office of the Registrar of Titles of Cook County, Illinois, on N~vember 26, 1958 as Document No. 1831541, and certificate of correction thereof registered as Document No. 1832286, Cook County, Illinois. ALSO The Easterly 75 feet of Lot 29 in Block 1 in Elk Ridge Villa Unit No, 1, being a Subdivision in the West half of the West half of Section 14, Township 41 North, Range 11 East of the Third Principal Meridian, according to plat thereof registered in the office of the Registrar of Titles of Cook County, Illinois, on November 26, 1958 as Document No. 1831541, and certificate of correction thereof registered as Document No. 1832286, Cook County, Illinois. ALSO The Easterly 75 feet of Lot 28 in Block 1 in Elk R1dge Villa Unit NO.1, being a Subdivision in the West half of the West half of Section 14, Township 41 North, Range 11 East of the Third Principal Meridian, according to plat thereof registered in the office of the Registrar of Titles of Cook County, Illinois, on November 26, 1958 as Document No. l8315~1, and certificate of correction thereof registered as Document No. 1832286, Cook Count y, III ino is. and WHEREAS, it is deemed necessary and advisable for the best interest of the Village of Mount Prospect, Cook County, Illinois that said Village construct and equip a fire station building on the pr~perty first described above and owned by it, to serve the residents of Mount Prospect and particularly the residents on the south aide of Mount Prospect; and WliERLAS, it is deemed necessary and advisable that the Village of Mount Prospect, Cook County, Illinois, purchase fire equipment for its Fire Department, consisting of a ladder truck, a pumper, a squad, and necessary appurtenances and equipment; and WI~RZAS, the Village of Mount Prospect is the owner of a parcel of property consisting of four platted lots and part of a fifth platted lot having a frontage on the east side of Pine Street of 228 feet and a depth of 157 feet between Northwest Highway and Central Road approximately 138 feet north of the intersection of Northwest Hi ghwa"T (Route 14) and Pine Street and 139 feet south of Central Road and Pine Street, in the Village of Mount Prospect, said property being legally described as follows: Lots 13 through 16, inclusive, and lot 17 except the north 22 feet thereof, all in block 2 in Busse and Willets resubdivision in Mount Prospect, in the west half of Section 12, Township 41 North, Range 11, east of the Third Principal Heridian in Cook County, Illinois. and ~JHEREAS, it is deemed necessary and advisable for the best interest of the Village of Mount Prospect, Cook County, Illinois, that said Village provide storage rpace for its public works vehicles and equipment and for such purpose construct and equip a public works building on the property owned by it, and secondly described above; and HIlliREAS, the President and Board of Trustees of the Village of :Hount Prospect have heretofore estimated the cost of constructing and eqUipping the fire station building as above described to be not less than the sum of Two Hundred Thousand U:)200,OOO) Dollars; and lJI-IEREAS.. the President and Board of Trustees of the Village of Mount Prospect have estimated the cost of purchasing the above enumerated items of fire equipment for use by its Fire Department to be not less than the sum of One Eundred Thirty Thousand (~)l30,000) Dollars; and lJEEHEAS, the President and Board of Trustees of the Village of Mount Prospect have estimated the cost of constructing and equipping the public works building as above described to be not less than the sum of Two Hundred Fifteen Thousand (~;;2l5.. 000 ) Dollars; and 1iTlillREAS, funds are not available for the purpose of construc- ting and equipping the fire station building on the property afore- mentioned, nor are funds available for the purpose of constructing and equipping a public works building on the property aforementioned, nor are funds available for the purchase of the fire equipment mentioned above, and it will be therefore necessary to borrow money and in evidence thereof issue bonds of said Village, and before said bonds can be issued the questions of the issuance of said bonds must be submitted to the electors of said Village and approved by a majority of said electors of said Village voting on each of said questions at an election called for that purpose. NOW, Tlrr:nEFOITE, BE IT ORDAINED by the President and Board of Trustees of the Village of Mount Prospect, Cook County, Illinois, as follows: -2- Seetion 1.. That it is hereby determined to be to the best interests'o~e Village of Mount Prospect to construct and equip a tire station building on the property owned by said Village and first described above, for the purpose of serving the residents of the Village and particularly those on the south side of the Village~ said property consisting of an irregular parcel of property made up ~f ~ne platted lot and parts of two other platted lots having a frontage ~long the south side of Golf Road of 155 feet by a depth 'varying from 150 feet along its east line to 214 feet along its west line, said property being 164 feet east of Busse Road and 752 feet west of Robert Drive, and legally first described above~ and for that purpose it will be necessary that the Village of Mount rrospeet borrow money and in evidence thereof issue bonds of the Village of Mount Prospect. Section 2.. That it is hereby determined to be to the best interests of the Village of Mount Prospect to purchase fire equip- ment for its Fire Department, consisting of a ladder truck, a :JUlll~er, a squad, and necessary appurtenances and equipment; and for that ~urpose it will be necessary that the Village of Mount Prospect .~rrow money and in evidence thereof issue bonds of the Village of M~unt Prospect. Section 3. That it is hereby determined to be to the best interests of the Village of Mount Prospect to construct and equip a pu.llc works huilding on property owned by said Village, which Jroperty consists of four platted lots and part of a fifth platted let having a frontage on the east side of Pine Street of 228 feet and a depth of 157 feet, located between Northwest Highway (Route 14) t~d Central Road, approximately 138 feet north of the intersection f Northwest Highway and Pine street) and 139 feet south of Central Rf\ad and Pine Street;- and for that purpose it will be necessary that the Village of Mount Prospect borrow money and in evidence thereof issue bonds of the Village of Mount Prospect. Section 4. That there be borrowed by and on behalf of the Village of Mount Prospect the sum of Two Hundred Thousand ($200,000) Dollars f~r the purpose of paying for the construction and equipping of a fire station building as aforedescribed in the preamble of this ~rdinance; that there be borrowed by and on behalf of the Village of Mount Prospect the sum of One Hundred Thirty Thousand ($130,000) Dollars for the purpose of paying the cost of purchasing fire equip- ment for its Fire Department as aforedescribed in the preamble of this ordinance; that there be borrowed by and on behalf of the Village of Mount Prospect the sum of Two Hundred Fifteen Thousand ($215,000) Dollars for the purpose of paying the cost of the cons- truction and equipping of a public works building as aforedescribed in the preamble of this ordinance; that to evidence the aforesaid loans, negotiable bonds of said Village of Mount Prospect be issued and that said bonds be designated respectively: If FIRE STATION BONDS" numbered 1 through 40, inclusive, to be of the denomination of $5,000 each and to mature serially ~5,000 on December 1 of each of the years 1965 to 1969 inclusive, $10,000 on December i of each of the years 1970 to 1980 inclusive, $20,000 on December 1 of 1981 and 1982 res- pectively, and $25,000 on December 1 of 1983, bearing interest from date of issuance at a rate of interest not to exceed five percent (5%) per annum payable on June 1 and De~ember 1 of each year until pa id : -3- " FI HE EQUI PMENT BO NDS " numbered 1 through 26, inclusive~ to be of the denomination of $5,000 each and to mature serially $5,000 on December 1 of each nf the years 1965 to 1976 inclusive, and $10,000 on December 1 of each of the years 1977 to 1983 inclusive, bearing interest from date of issuance at a rate of interest not to exceed five percent (5%) per annum payable on June 1 and December 1 of each year until paid; "PUBLIC WORKS BUILDING BONDS" numbered 1 through 43, inclusive, to be of the denomination of t5,OOO each and to mature serially ~5 000 on December 1 of each of the years 1965 to 1972 inclusive, ~10,000 on December 1 of each of the years 1973 to 1979 inclusive, ~r15,000 on December 1, 1980J ~20,000 on December 1, 1981, $35,000 on December 1, 1982 and 1983 respectively, bearing interest from the date of issuance at a rate of interest not to exceed five percent (5%) per annum pa~able on June 1 and December 1 of each year until paid. Section 5. That the questions of issuing the bonds described aeove rn:-s-ection 4 hereof be submitted to the legal voters of the Village of Mount Prospect at a special election which is hereby called to be held in and for said Village on the 8th day of Fehruary, 1964, between the hours of 6:00 a.m. and 6:00 p.m, (Central Standard Time) on said day. Section 6~ That for said special election said Village of M~unt, Prospect-Shall be divided into seven (7) precincts, the ~oundaries of which and the polling places for which being as :!'~llows: Precinct No.1: All that part of the Village of Mount Prospect lying North-or Northwest Highway (Route 14) and South of Central Road in said Village of Mount Prospect j Cook County, Illinois; polling place: The Village Hall, 112 East Northwest Highway, Mount Prospect, Illinois. Precinct No.2: All that part of the Village of Mount Prospect lying-South- of the Northwest Highway (Rout e 14), east of Route 83 and north of Weller Creek, in said Villae:e of Mount Prospect, Cook County, Illinois; polling place: Lions Park Field House~ 411 South Maple Street, Mount Prospect, Illinois. Precinct No.3: All that part of the Village of Mount Prospect lyrng-south-or-a line commencing at the intersection of the easterly Village limits and Weller Creek, thence westerly along said Weller Creek to South WeGo Trail, thence south along said WeGo Trail to Lonnquist Blvd., thence west along Lonnquist Blvd. to its plaee of termination, in the Village of Mount Prospect, Cook County, Illinois; polling place: Sunset Park School, 601 West Lonnquist Blvd., Mount Prospect, Illinois. Precinct No.4: All that part of the Village of Mount Prospect lying West of Route 83, south of Prospect Avenue and south of Central Road, east of a line described as follows: commencing at Central Road and WeGo Trail, thence south along said WeGo Trail to Lincoln Avenue, thence west along Lincoln Avenue to Busse Road, thence south along Busse Road to Lonnquist Blvd. and north of a line described as follows: commencing at the intersection of Busse Road and Lonnquist Blvd., thence east along Lonnquist Blvd. to WeGo Trail thence north along said WeGo Trail to Weller Creek and then -4.. e8.sterly along saidvJeller Creek to Route 83, in said Village of r10unt Prospect, Cook County, Illinois; polling place: Lincoln School, 700 "vest Lincoln Avenue, Hount Prospect, Illinois. Precinct No.5: All that part of the Village of Mount Prospect lying south of Northwest Highway (Route 14), west of a line commencing at the intersection of Northwest Highway and Central Road thence west along Central Road to south \NeGo Trail, thence south along said 1NeGo Trail to Lincoln Avenue, thence west along Lincoln Avenue to Busse Road, thence south along Busse Road to Lonnquist Blvd~ and north of Lonnquist Blvd. in the Village of r10unt Prospect, Cook County, Illinois; polling place: 'vestbrook School, 103 South Busse Road, Nount Prospect, Illinois. PrecJ:~_ct.}I~!.._6_: All that part of the Village of Hount Prospect lying north of both Northwest Highway (Route 14) and Central Road, west of Route 83 and south of Foundry Road, in the Village of Mount Prospect, Illinois; polling place: Fairview School, 300 North Fairview Avenue, Hount Prospect, Illinois. Precinct No.7: All that part of the Village of Hount Prospect lying north of Central Road, east of Route 83, and south of Foundry Road and also all that part of Hount Prospect lying north of Foundry Road, in the Village of lIount Prospect, Cook Count;, Illinois; polling place: Gregory School, 400 East Gregory Street, Mount Prospect, Illinois. Section 7. That the Village Clerk of the Village of Mount Prospect be and is hereby ordered and directed to cause notice of said election to be given by publishing notice thereof in the Mount Prospect Herald and the lYount Prospect Independent, the same being newspapers published and having a general circulation within said Village, and by posting notice thereof in at least three (3) of the most public places in each of the election precincts and at each of the polling places designated for said election; the date of such publication and posting of said notice shall be not more than thirty (30) days nor less than fifteen (15) days prior to the date set for said special election; and said notice as published and posted shall be in substantially the following form: lINOTICE OF SPECIAL ELECTION to vote upon the questions of issuing '::0200,000 "Fire Station Building Bonds, ii, 130,000 lIFire Equipment Bonds, ii:, 215,000 lfpublic ,Iorks Building Bonds, ii of the Village of Mount Prospect, Cook Count;, Illinois. i1public notice is hereby given that a special election will be held for the Village of Mount Prospect, Cook County, Illinois, on Saturday t:-le 8th day of Februar~c, 1964, at w_lich time there will be submitted to the electors of said Village of Mount Prospect the following questlons: ii (1) Shall Eonds in the amount of (;200,000 be issued by the Village of Mount Prospect, Cook County, Illlnois, for the purpose of constructing and equipping a fire station building on property owned by the Village of MOLmt Prospect located on the south side of Golf Road, 164 feet east of the intersection of Golf and Busse Roads and 752 feet lJBst of Robert Drive and Golf Road, to mature serially:5,OOO on December 1 of each of the fears 1965 to 1969, inclusive, (10,000 on December 1 of each of the years 1970 to 1980, inclusive, -',20,000 on December 1 of each of the years 1981 and 1982, and ~;:,25,000 on December 1, 19D3, bearing interest from date of issuance at a rste of interest not to exceed five percent (5:) per annum payable on June 1 and Dece~:er 1 of each year until paid? -5- tt(2) Shall bonds in the amount of ~130,OOO be issued by the Village of Mount Prospect, Cook County, Illinois, for the purp~se ~f purchasing equipment for its Fire Department, consisting nf: a ladder truck, a pumper, a squad, and necessary appurtenances and equi~ment; to mature serially ~5,000 on December 1 of each of the years 1965 to 1976 inclusive, ~10,000 on December 1 of each of the years 1977 to 1983 inclusive, bearing interest from the date of i~suance at a rate of interest not to exceed five percent (5%) per annum payable on June 1 and December 1 of each year until paid? "(3) Shall bonds in the amount of ~215,OOO be issued by the Village of Mount Prospect, Cook County, Illinois, for the Jur~ose of constructing and equipping a public works building on rroperty owned by the Village of Mount Prospect, said property .eing located on Pine Street between Northwest Highway (Route 14) and C~ntral Road, the same being 138 feet north of the intersection .f Northwest Highway and Pine Street and 139 feet south of Central R~ad and Pine Street, to mature serially t5 000 on December 1 of "'ach of the years 1965 to 1972, inclusive, ~lOlOOO on December 1 of each of the years 1973 to 1979, inclusive, 'li'15, 000 on December 1, 19~O, $20,000 on December 1, 1981 and $35,000 on December 1 of each ~f the years 1982 and 1983, bearing interest from the date of l~suance at a rate of interest not to exceed five percent (5%) per annum payable on June 1 and December 1 of each year until paid? "That said election shall be held in seven (7) election ~~cincts ~f said Village, said election precincts and polling rlaces being as follows: If Prec inct No.1: All that part of the Village of Mount Prospect lying North of Northwest Highway (Route 14) and South of Central Road in said Village of Mount Prospect, CooR County, Illinois: polling place: The Village Hall, 112 East Northwest Highway, Mount Prospect, Illinois~ lfprecinct No.2: All that part of the Village of Mount ~rospect lying South of the Northwestern Highway (Route 14), east of Route 83 and north of Weller Creek, in said Village of Mount Prospect, COl"'\k County, Illinois; polling place: Lions Park Field House, 41l South Maple Street, Mount Prosp ect, Illino is. "Precinct No.3: All that part of the Village of Mount Prospect lying south of a line commencing at the intersection of the easterly Village limits and Well er Creek, thence westerly all"mg said Weller Creek to South WeGo Trail, thence south along said WeGe Trail to Lonnquist Blvd., thence west along Lonnquist Blvd. to the place of termination, in the Village of Mount Prospect, Cook County, Illinois; polling place: Sunset Park School, 601 West Lonnquist Blvd., Mount Prospect, Illinois. "Precinct No.4: All that part of the Village of Mount Prospect lying west of Route R3, south of Prospect Avenue and south of Central Road, east of a line described as follows: commenc ing at Central Road and WeGo Trail, thence south along said WeGo Trail to Lincoln Avenue, thence west along Lincoln Avenue to Busse Road, thence south along Busse Road to Lonnquist Blvd., and north of a line described as follows: commencing at the intersection of Busse~ Road and Lonnquist Blvd., thence east along Lonnquist Blvd. to WeGe Trail thence north along said WeGo Trail to Weller Creek and then easterly along said Weller Creek to Route 83, in said Village of Mount Prospect, Cook County, Illinois; polling place: Lincoln School, 700 West Lincoln Avenue, Mount Prospect, Illinois.n -6- !l"rEicinctTo. s: !~J: thz.t p,:.rt of tr_c '!JillJ.? of Mount Pro3pect lying 30uth of Northwest Highway (Route 14), west of a line eommencing at the intersection of Northwest Highway and Central Road, thence we~t along Central Road to south WeGo Trail, thence south al~ng said WeGo Trail to Lincoln Avenue, thence west along Lincoln Avenue to Busse Road, thence south along Busse Road to Lonnquist Blvd., and north of Lonnquist Blvd., in the Village of Mount Prospect, Ctlek Ct"Junty, Illinois; polling place: Westbrook School, 103 South Jiu~s e Road, Mount Pros pect, Illinois. IIPrecinct No.6: All that part of the Village of Mount Prospect lying north of both Northwest Highway (Route 14) and Central Road, west of Route 83 and south of Foundry Road, in the Village nf Mount Prospect, Illinois; polling place: Fairview School, 300 N~rth Fairview A venue, Mount Pros pect, Illino is. 1I Precinct No.7: All that part of the Village of Mount Prospect lying north of Central Road, east of Rout e 83, and south If Foundry Road and also all that part of Mount Prospect lying north ef Foundry Road, in the Village of Mount Prospect, Cook County, Illinois; rolling place: Gregory School, 400 East Gregory Street, M.unt Prospect, Illinois. "The polling places at said election will be opened at 6:00 a.m. and will be closed at 6:00 p.m. (Central Standard Time) en the date of said election. nAIl persons qualified to vote at a regular Village election are qualified to vote on said questions and voters must vote at the polling place designat ed for the election preCinct within which they reside. "By nrder of the President and Board of Trustees of the Village of Mount Prospect, Cook County, Illinois. "Dated this 7th day of January, 1964. ltCLARENCE O. SCHLAVER Pres ident "Attest: II RUTH C. VVILSON Village Clerk Section 8. That the President and Board of Trustees for said special election shall name five (5) judges of election for each precinct designated prior to said election. Section 9. That the ballot to be used at said election for the purpose of submitting the aforesaid questions to the voters shall be in suhstantially the following form: -7- (Face of Ballot) OFFICIAL BALLOT QUESTION: TO ISSUE '.A~200 f 000 FIRE STATION BUILDING BONDS (INSTRUCTION TO VOTeRS: Place a cross (x) in the square opposite the word indicating the way you desire to vote.) Shall bonds in the amount of ':;.200,000 be issued by the : Village of Mount Prospect, Cook County, Illinois, for : the purpose of constructing and equipping a fire sta- : : tion building on property owned by the Village of : Mount Prospect located on the south side of Golf Road, : 164 feet east of the intersection of Golf and Busse Roads and 752 feet ~est of Robert Drive and Golf Road, : to mature serially", 5,000 on December 1 of each of the : years 1965 to 1969, inclusive, :,'10,000 on December 1 : of each of the,.years 1970 to 1980, inclusive, :::,20,000 9n December 1 of each' of the years 1981 and 1982, and : ~:,~25 ,000 on December 1, 1983, bearing interest from date: of issuance at a rate of interest not to exceed five percent (5%) per annum payable on June 1 and December 1: of each year until paid? . . YES NO . . . . . . . . . . . . QUESTION: TO ISSUE ~:)130 ~ 000 FIRE EQUIPMENT BONDS (INSTRUCTION TO V01ERS: Place a cross (x) in the square opposite the word indicating the way you desire to vote.) . . . . : Shall bonds in the amount of :::.130,000 be issued by the: : Village of Mount Prospect, Cook County, Illinois, for : the purpose of purchasing equipment for its Fire : Department, consisting of: a ladder truck, a pumper, : a squad~ and necessary appurtenances and equipment; : to mature serially ':"5,000 on December 1 of each of : the years 1965 to 1976 inclusive, (0:10,000 on December : 1 of each of the years 1977 to 1983 inclusive, bearing . interest from the datecl~issuance at a rate of inte- ; rest not to exceed five percent (5~) per annum payable: NO . on June 1 and December 1 of each year until paid? . . . . . : YX:;S . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~U~STION: ~u ISSUB y215,000 PUBLIC WOlli~S BuILDIrlG B01~S (INSTRUCTION TO VO~LRS: Place a cross (x) in the square opposite the word indicating the way you desire to vote.) . . : Shall bonds in the arilount of "ir'215, 000 be issued by : the Village of Mount Prospect, Cook County, Illinois, : for the purpose of constructing and equip:ping a public: : works building on propertJ owned by the Vlllage of : : Aount Prospect, said property being located on Pine : Street between Northwest Highway (Route l4) and : Central Road~ the same being 138 feet north of the : intersection of Northwest highwa~ and Pine Street and : 139 feet south of Central Road and Pine Street, to : mature serially :'1'5,000 on December 1 of each of the : years 1965 to 1972, inclusive, ;11'10,000 on December . 1 of each of the years 1973 to 1979, inclusive, ; ~15,000 on December 1, 1980, ~20,OOO on December 1, : 1981 and ~35,000 on Lecember 1 of each of the Jears : 19d2 and 1983, bearing interest from the date of . issuance at a rate of interest not to exceed five . : percent (5~) per annillil payable on June 1 and : December 1 of each ~ear until paid? . . - :; - . . . . . . : Y1!:S . . . . . . . . . . . . . . . . . . . . . . . . . . . . NO . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (on the back of the ballot shall appear the following) OFFICIAL BALLOr:C Special Election held on the 8th da~ of Februar~, 1964, to vote on the question of issuing :;t'200,000 in general obligation Bonds for the purpose of constructing and equipping a fire station building on property owned by the Village of l~unt Prospect; to vote on the question of issuing ~130,000 in general obligation Bonds for the purpose of purchasing fire equipment for its Fire Department; and to vote on the question of issuing ~~2l5,000 in general obligation Bonds for the purpose of constructing and equipping a public works building. Election Precinct Number Polling Place (Facshrl.le Signature) Village Glerk, Village of l'lount Prospect Cook County, Illinois Section 10. That the Village Clerk is hereby ordered to cause a sample of the ballot to be published once in the !ilount Prospect Herald and the ~lount Prospect Independent not less than five (5) days prior to the date ;set for said election, said newspapers being newspapers published and having a general circulation in said Village, and to procure and prepare all necessary election material for holding and conducting said election. Section 11. 'I'hat this ordinance shall become effective imruediately upon its passase and approval. PAS&~ this 7th day of JanuarJ, 1964. APPROVLD this 7th day of Januar~, 1964. l~~~~ Clarence O. Schlaver~----- President Attest: (G.LZ~'- L/, [,rJ ~~ Ruth C. Wilson Village Cl~rk - 9 -