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HomeMy WebLinkAboutOrd 303 03/01/1949 FMO*AGH 1&5c 3/1/49 3(9~ - AN ORDINANCE amending the preamble of an Ordinance entitled: "An Ordi- nance authorizing and providing for the issue of $50,000 Water Revenue Bonds of the Village of Mount Pros- pect, Cook County, Illinois, for the purpose of defraying the cost of improving and extending the present waterworks system of said Village, prescribing all of the details of said bonds and prOViding for the collection, segregation and deposi- tion of the revenues of the water works system of said Village for the purpose of paying the cost of oper- ation and maintenance thereof, pro- viding an adequate depreciation fund therefor, and paying the principal and interest of said Water Revenue Bonds", passed and approved February 8th, 1949 and published February 11, 1949. ****** WHEREAS. the President and Board of Trustees of the Village of Mount Prospect, Cook County, Illinois, on February 8th, 1949, passed an Ordinance entitled: hAn Ordinance author- izing and prOViding for the issue of $50,000 Water Revenue Bonds of the Village of Mount Prospect, Cook County, IllinOis, for the purpose of defraying the cost of improving and extend- ing the present waterworks system of said Village, prescribing all of the details of said bonds and providing for the collec- tion, segregation and disposition of the revenues of the waterworks system of said Village for the purpose of paying the cost of operation and maintenance thereof, providing an adequate depreciation fund therefor, and paying the principal and inter- est of said Water Revenue Bonds", which said Ordinance was duly I I approved by the President on February 8th, 1949 and published on February 11th, 1949; and paragraph of the !/HERE!S, in the second/ preamble to said Ordinance, the location of the property owned by the Village for the con- I . .. -2- struction and installation of a new waternU" was through a typographica1 error shown to be located at Kenilworth Avenue I I. and Thayer Street and should have been shown as being side I on the east/of Waverly Place 1ying south and adjacent I I first alley south of Prospect Avenue in said Village. I located to the NOW, THEREFORE, BE IT ORDAIIlED BY THE PRESIDENT and BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: paragraph of the SECTION I. Tha t the second! preamble of an Ordinance entitled: vAn Ordinance authorizing andproviding for the issue of $50,000 Water Revenue Bonds of the Vil1age of Mount Prospect, Cook County, Illinois, for the purpose of defraying the cost of improving and extending the present waterworks system of said Village, prescribing all of the details of said bonds and pro- ,iViding for the collection, segregation and disposition of the I revenues of the waterworks system of said Village for the purpose of paying the cost of operation and maintenance thereof, provid- ing an adequate depreciation fund therefor, and paying the principal and interest of said Water Revenue Bondsn, passed and I approved February 8th, 1949 and pUblished February 11th, 1949, be and the same is hereby amended to read as follows: WHEREAS. it is deemed advisable, necessary and for the best interest of said Village that improve- ments and extensions be constructed to said ex- isting municipal waterworks system" such improvements and extensions to consist of the construction and installation of a new water well to be approximately 1500 feet deep and to be located on property owned by the Village 10cated on the east side of Waver1y Place lying south and adjacent to the first alley south of Prospect Avenue in the Village of Mount Prospect, said well to constitute an additional source of water supply, well pumping equipment con- sisting of a 400 gallon per minute pump, It.. 75 horse- power m6tor and all electrical controls incident thereto and a pumping station to consist of a build- ing with internal measurements of approx1mate1y 14 feet by 16 feet and having a height of approximately -3- 15 feet, such pumping station to house the well pumping equipment and all accessories incident thereto, an eight inch water main to connect the additional source of supply to the existing dis- tribution system, and together with all necessary fittings, connections, appurtenances and equip- ment incident thereto, all in accordance with the detailed plans and specifications therefor here- tofore approved by the President and Board of Trustees of the said Village of Mount Prospect and now on file in the office of the Village Clerk for public inspection; and SECTION 2. That this Ordinance shall be in full force and effect from and after its passage, approval and pUblication, ! according to law. ! I I Ii I! /, I PASSED: this 1st day of March, A.D. 1949. APPROVED: this 1st day of March, A.?-=:)949. ~~ 6I ~ President AT!EST: . --;fl~4.. ' X 7fPL.', '", II ~'r- 'I Village Clerk " PUBLISHED in the MOUNT PROSPECT HERALD ~ the.4?:. day of brch, A.D. 1949.