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HomeMy WebLinkAboutOrd 234 07/15/1943 ~, ",1 i '.... Ii OBDIBAlCI PROVIDIIG FOB. THI ISSUAlOI or 1943 !jX AH!ICIPA!IOI WABRAIfS or THE VILLAGE OF JlOUII! PROSPIC!, II COOl COUllft. ILLIIOI.. ;~' ;f.o ~8'f ...... ... ,/1'" patloD Warra8ts ae follows: .7,100, 1143 General Corporate fun" Tax Antlclpatlon Warrant., .uaberel C-l to 0-15, 1Ilo1.al.e,la de.o.18&tloD8 of 1500.00 eaca. That all of 8a14 warrants bear lntere8t at the rate of .ot to exceed three per cent (3~) per aaaua aDd be dated 11111 11, 1941. Allot .a14 warraat8 8hal1 be lssued ln antlo1patlon of the eollectloa ot taxes heretofore le.le4 for the leal' 1943 ., the Presldent and Board of Trustee. of thi8 Vl1lage OD all of the taxable propertl wlthin thl. Vl11age for ge.era1 corporate pur- pose8; 8&14 warrant. aha1l be 81gnect b, the Presldent aad at- tested b, the Clerk of thla Vl11age, be sealed wlth the corporate seal of thi. Vll1age, and reglstered b, the Trea8urer ot thi. Vl1lage. Sect"Qn ~. That 8ald warraat. be 'lIb.tantlalll 1a tae to1l..1ag fora: (fORK or !AX AH!ICIPAfIOI WARBAIT) 1943 GDEBAL OOBPOB.ATI ruN>> !AX JJ1!ICIPATIOI WA1UWfT THE VILLAGE OF XOUR! paOSPECT conn OF COOl STATE or ILLIIOIS XOD! PROSPECT, 11.,1.,111011 JULY 15, 1943 10. 1.00.00 !o the Treasurer of the Vl11age of Xouat Prospect, Cook 00uat7, Il11aols: Pur8uant to precee41ng8 adopted b1 the Pre.14eat aa4 Board ot Trustee. ot The Village of Xouat Pro.peet, 00uat7 ot Cook and State of 11118018, 10U are herebl 41reot84 to pa, to bearer out ot taxes levle4 b, sa14 Bear4 of Trustees ln aael for 8a14 Vl1lage 18 the 7ear 1943 tor geaeral oorporate ,u!'po.e. as Soon as fuad. become available, the sua of fIVI HU'JfJ)B.ID D01.L.A.RS ('500.00) tosether with 1atere.t thereoa at tae rate of three per cent (3') per aDD" fro. date hereof uDt11 pa14, or uatl1 Botlc. shall be glveD b7 pub11catleD 18 a Dewspaper or otherwlse that the aoa., tor the paraeat hereot i8 aval1ab1. aDd that thi. warraat will be pa14 on pre.e.tatloR; provlded, however, thls -2- ,-I warrant shall b. re..ived b1 an1 coll..tor ot taxes in P81...t of the taxes aealast whim it 1. 1....4. f.b1s warrant 1. on. ot a .'1'1.. authorlzed to be 1.- su.4 to provlde a tuna to ...t the erdlaarr aDd a...searl .x- p..... ef this Vl1lag. for geaeral corporate purpo.... You are requlre" bl .tatute to set sueh taxes apart aad h01A the ...1 for the p&Jae.' of .sa14 serl.. of warrant., aad to pa7 sai4 warraat. In the .uerlo&1 ord.r of th.lr lsslla8c. sol.17 tro. sald taxes when collected, and not otherwlse. pr..!deat, ~h. Virlag. of ROllat Prospect, ln Oook 001lat" Illlnola Attest: Clerk :aeglstered: Treasurer SeotloD 3. !hat .a14 warrants authorlzed 'b1 th18 or41naaoe be dellvere. to the purohas.r thereot upon conflrma- t10a of the sale to such purchaser by the Board of !rustees; that the sale of sald warraats to sa14 purchaser shall be at Dot less than the par value thereof and accraed lntere.t; that sa14 ottlclals are hereby directed to execute and dellver sald warrant. to sald purcbaser upon recelpt of the purchase prlce thereter as 8eon as possible on or after the date thereof. Sectlon 4. That sald tax levy heretotore made In the 1ear 1943 tor general corporate purposes be and the same ls hereby approprlated to pa1 the warrants hereln authorlzed to be issued against sald tundi that the Treasurer ot thls Village is directed to apply the flrst moneys received b1 hl. trom sald taxes for sald purpose herein-mentloned In the pa1.ent of the warrants here1n authorized to be issued against sald tund, and -3- I~ to pal the same In nUllerlcal order beglnning with the lowest number (except In so far as sald warrants shall have been US8a to pay sald taxes) and to pay 8a14 warrants as fast as fUMs become aval1able for that purpose; that sald Treasurer Is hereby directed to notlfy s&1d purohaser when funds are avallable to pa1 any of 8ald warrants sold to sald purchasers. Seotlon 6. That the Treasurer of this Vl1lage Is hereb1 dlrected to use the proceeds of sald warrants for the purpose hereln set out and not otherwlse. Sectlon 6. It Is hereb1 agreed as a part of the COD- slderatioD for the sale of the warrants hereln authorlzed that the sald Vl1lage will not 188ue addltlonal warrants In antlcl- pation of the collectlon of taxes levled for the lear 1943 for general corporate purposes In excess of sixtr-tlve per cent (65~) of the tax levy. Sectlon 7. That the Clerk of this Vl1lage ls here- bl directed to fl1e a certlfled copy of this ordinance wlth the Treasurer of said Vl11age. Sectlon 8. That all ordinances or parts of ordlnances In conflict herewlth be and the same are hereby repealed and thls ordinance shall be 1n full force and ettect forthwith upon Its aaoption and approval. Passed, thls 15th 4a1 of Jull, A. D. 1943. Recording Vote.; Aye.:. ~~ ~ ~~~. , ~~ ff~ ~~ 0: )?,7,rlj- t;;li~:llage ot Mount Prospeot. -4- . (~:. N&18: n~ Absent: '>1 ~ Approved, this 15th da1 of Ju11, A. D. 1943. Atte~~ f! YiItN. Clerk _C\ I ~ ~-~._~.J '"")re814e. 0 oar4 of rustees of V111age of Rount Pro.pect, Cook CouDt1, Il11n018. -5-