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HomeMy WebLinkAboutOrd 697 10/20/1959 '97 . AN ORDINANCE providing for the submission to the voters of the Village of Mount Prospect, Cook County, Illinois, of the question of issuing $250,000 Public Library Building Bonds, at a special election to be held in and for said Village on the 21st day of November, 1959. WHEREAS, the Board of Library Directors of the public library of the Village of Mount Prospect, Cook County, Illinois, has by proper proceedings heretofore determined that it is necessary that additions be erected and that necessary remodel- ling, repairs and improvements be made to the existing library building, and that necessary equipment for said existing library building and said additions to be erected thereto be purchased and furnished and that the existing library site be improved and enlarged by the purchase of additional lands lying adja- cent thereto and said Board of Library Directors has heretofore submitted to the President and Board of Trustees of the Village of Mount Prospect plans and an estimate of the cost of so im- proving the library facilities of the Village; and WHEREAS, the said Board of Library Directors of the public library of the Village of Mount Prospect has estimated the cost of erecting said additions to the existing library building, remodelling, repairing and improving said existing library building, purchasing and furnishing necessary equipment for said existing library building and the additions to be erected thereto and improving and enlarging the existing library site by the purchase of additional lands lying adjacent thereto, to be Two Hundred and Fifty Thousand ($250,000.00) Dollars; and WHEREAS, the President and Board of Trustees of said Village has.heretofore approved the said plans for the erection - 2 - of said additions to and the remodelling, repairing and im- proving of the existing library building and the estimated cost thereof including the estimated cost of purchasing and furnish- ing necessary equipment for said additions and said existing library building and including the cost of improving and en- larging the present library site by the purchase of additional lands lying adjacent thereto, as said plans and estimate of cost were heretofore submitted to this President and Board of Trustees by said Board of Library Directors; and WHEREAS, it is deemed advisable and necessary and for the best interests of the Village of Mount Prospect that such additions be erected and that necessary remodelling, re- . pairs and improvements be made to the existing library building, that necessary equipment for said existing library building and said additions to be erected thereto be purchased and furnished and that the existing library site be improved and enlarged by the purchase of additional lands lying adjacent thereto; and WHEREAS, the President and Board of Trustees of said Village has estimated that the cost of the making of the improve- ments to the existing library facilities of the Village, as above referred to and described, will be not less than Two Hun- dred and Fifty Thousand ($250,000.00) Dollars; and WHEREAS, funds are not available for the purpose of paying the cost of so improving the existing library facilities of the Village, as hereinabove referred to and described, and it will therefore be necessary to borrow money and in evidence thereof issue bonds of said Village for the purpose of paying the cost thereof; and - 3 - WHEREAS, before bonds of said Village can be issued for such purpose, as above referred to and described, the ques- tion of issuing said bonds must be submitted to the electors of said Village and be approved by a majority of the electors vot- ing on said question at an election called for that purpose: NOW, THEREFORE, Be It Ordained by the President and Board of Trustees of the Village of Mount Prospect, Cook County, Illinois, as follows: Section 1: That it is hereby determined that it is for the best interests of the Village of Mount Prospect that additions be erected and that necessary remodelling, repairs and improvements be made to the existing library building, that necessary equipment for said existing library building and said additions to be erected thereto be purchased and furnished and that the existing library site be improved and enlarged by the purchase of additional lands lying adjacent thereto, all as hereinabove described in the preamble hereof, and for the pur- pose of paying the cost thereof it will be necessary that this Village borrow money and in evidence thereof issue the bonds of said Village. Section 2: That there be borrowed by, for and on be- half of said Village the sum of $250,000 for the purpose of paying the cost of erecting said additions to the existing library building, remodelling, repairing and improving said existing library building, purchasing and furnishing necessary equipment for said existing library building and the additions to be erected thereto and improving and enlarging the existing library site by the purchase of additional lands lying adjacent - 4 - thereto, all as hereinabove described in the preamble hereof, and that to evidence said loan, negotiable bonds of said Vil- lage be issued and that said bonds be of the denomination of $1,000 each, be designated "Public Library Building Bonds," become due serially $lO,OOO on March 1 of each of the years 1962 to 1965, inclusive, and $15,000 on March 1 of each of the years 1966 to 1979, inclusive, and bear interest at the rate of not to exceed five per cent (5%) per annum, such inter- est to be payable on September 1, 1960 and semiannually there- after on the first days of March and September in each year until paid. Section 3: That the question of issuing said $250,000 Public Library Building Bonds of said Village, as hereinabove described in Section 2 hereof, be submitted to the legal voters of said Village at a special election which is hereby called to be held in and for said Village on Saturday, the 21st day of November, 1959, between the hours of 6:00 o'clock A. M. and 6:00 o'clock P.M. Central Standard Time of said day. Section 4: That for the purpose of said election the Village of Mount Prospect shall be divided into two election precincts, the boundaries of each election precinct and the name of the polling place designated for each election precinct shall be as hereinafter set forth in the form of the Notice to be given of said election as hereinafter prescribed in Section 5 of this ordinance. Section 5: That the Village Clerk of said Village be and he is hereby ordered and directed to cause notice of said election to be given by publishing notice thereof once in the Mount Prospect Herald, the same being a newspaper published in ~ - 5 - said Village. The date of such publication of said notice shall be not more than thirty days nor less than fifteen days prior to the date set for said special election and said notice shall be in substantially the following form: - 6 - NOTICE OF SPECIAL ELECTION to vote upon the question of issuing $250,000 Public Library Building Bonds of the Village of Mount Prospect, Cook County, Illinois. Public Notice is hereby given that a special election will be held in and for the Village of Mount Prospect, Cook County, Illinois, on the 21st day of November, 1959, at which time there will be submitted to the electors of the said Vil- lage the following question: Question to issue $250,000 Public Library Building Bonds. Shall bonds in the amount of $250,000 be issued by the Village of Mount Prospect, Cook County, Illinois, for the purpose of paying the cost of erecting additions to the existing library building of the Village, remodelling, repairing and improving said existing library building, purchasing and furnishing necessary equipment for said existing library building and the additions to be erected thereto and improving and enlarging the existing library site by the purchase of additional lands lying adjacent thereto, said bonds to mature serially $10,000 on March 1 of each of the years 1962 to 1965, inclusive, and $15,000 on March 1 of each of the years 1966 to 1979, inclusive, and to bear interest at the rate of not to exceed five per cent (5%) per annum? That for the purpose of said election said Village has been divided into two (2) election precincts, the boundaries of each election precinct and the polling place designated with- in each election precinct being as follows: ELECTION PRECINCT NUMBER 1. Shall consist of all that part of the Village of Mount Prospect lying north of the center line of Central Road from the western boundary of said Village to the intersection of Central Road and the center line of the right-of-way of the Chicago and Northwestern Railroad and that portion of the Village of Mount Prospect - 7 - north of the center line of the Northwestern Railroad right-of-way to the eastern boundary of said Village. POLLING PLACE: Central School, Central Road and Main Street in the Village of Mount Prospect ELECTION PRECINCT NUMBER 2. Shall consist of all that part of the Village of Mount Prospect lying south of the center line of Central Road from the western boundary of said Village to the intersection of Central Road and the center line of the right-of-way of the Chicago and Northwestern Railroad and that por- tion of the Village of Mount Prospect south of the center line of the Northwestern Railroad right-of-way to the eastern boundary of said Village. POLLING PLACE: St. Raymond School, Milburn and Elmhurst Avenue in the Village of Mount Prospect. The polls at said election will be open at 6:00 o'clock A. M. in the morning and will be closed at 6:00 o'clock P. M. Central Standard Time, on the date of the election. All persons qualified to vote at regular Village elections are qualified to vote on said question and voters must vote at the polling place designated for the election precinct within which they reside. By order of the President and Board of Trustees of the Village of Mount Prospect, Cook County, Illinois. Dated this day of , 1959. President - 8 - Section 6: That the ballot to be used at said elec- tion for the purpose of submitting the question to the voters shall be in substantially the following form: OFFICIAL BALLOT QUESTION TO ISSUE $250,000 PUBLIC LIBRARY BUILDING BONDS. (INSTRUCTIONS TO VOTERS: Place a cross (x) in the square opposite the word indicating the way you desire to vote.) . . :Shal1 boneS in the amount of $250,000 be . . :issued by the Village of Mount Prospect, :Cook County, Illinois, for the purpose of :paying the cost of erecting additions to . . :the existing library building of the Vi1- . YES . :lage, remodelling, repairing and improving . . :said existing library building, purchasing . . . . :and furnishing necessary equipment for said :existing library building and the additions . . . . :to be erected thereto and improving and :enlarging the existing library site by the :purchase of additional lands lying adjacent . . : thereto , said bonds to mature serially . . :$lO,OOO on March 1 of each of the years . NO . . . :l962 to 1965, inclusive, and $l5,000 on . . :March 1 of each of the years 1966 to 1979, . . :inclusive, and to bear interest at the rate . . :of not to exceed five per cent (5%) per . . : annum? . . . . On the back of the ballot shall appear the following: OFFICIAL BALLOT Official ballot for voting on the question of issuing $250,000 Public Library Building Bonds of the Village of Mount Prospect, Cook County, Illinois, at a special election held in and for said Village on the ,.. ( day of .AI rfVo.4A \....t-........ , 19 5 9 . Election Precinct Number Polling Place: (Insert Name and Address) (Facsimile Signature) Village Clerk, Village of Mount Prospect, Cook County, Illinois. - 9 - Section 7: That for said special election the follow- ing named persons be and they are hereby appointed judges, to- wit: ELECTION PRECINCT NUMBER 1 JUDGES Fred Thulin Helen Till Ellen Bayne Carol Slezas Ludmilla Bertok ELECTION PRECINCT NUMBER 2 JUDGES Florence Luckner Zeldah Cundall Agnes Sullivan Elsie Turner J~l FugtmaiID /14.4-1"-'1 0-,qIf;/?'1/etf:... Section 8: That the Village Clerk is hereby ordered to cause a sample of the ballot to be published once in the MOUNT PROSPECT HERALD, the same being a newspaper published in said Village, the date of such publication to be not less than five days prior to the date set for said election, and to procure and prepare all necessary election materials and supplies for the holding and conducting of said election. Section 9: That the results of said election shall be canvassed in the manner and form as provided by law. Section 10: That this ordinance shall become effective immediately upon its passage and approval. - lO - PASSED this 1{)rltday of ~ APPROVED this1-OYlday of ~ , 1959. , 1959.