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HomeMy WebLinkAboutRes 28-67 06/06/1967 c .~ ......" RESOLUTION NO. 28-67 A RESOLUTION IN OPPOSITION TO HOUSE BIIL NO. 1874 WHEREAS, the President and Board of Trustees of the Village of Mount Prospect are aware of the contents of House Bill No. 1874 and the proposed alteration in the existing act concerning public utilities; and WHEREAS, said proposed amendment would enable a public utility to take the position that their capital investment is of a greater magnitude thus establishing a criterion for rate increases for their users; and WHEREAS, wi thin the corporate limits of the Village of Mount Prospect there exist two quasi-public utility cOOlpanies certificated to operate within the corporate limits of the Village of Mount Prospect whose rate structure is presently covered by the rules and regulations of the Illinois Commerce Commission based of the existing laws; and WHEREAS, the Village of Mount Prospect is a member of the North- west Municipal Leauge, an organization of municipalities located in the north- west portion of Cook County, Illinois; and WHEREAS, at a general meeting held during the month of May, 1967 House Bill No. 1874 was discussed in full detail so as to enlighten the various municipalities; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe it to be in the best interests of its residents to formally voice its objection to the adoption and passage of House Bill No.1874; NCU, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That having fully considered House Bill No. 1874 for the amendment of an act concerning public utili ties now pending before the Illinois legislature, this Board formally voices its objection to the passage into law of House Bill No. 1874 SECTION '!WO: That immediately upon passage and approval of this Resolution, the Village Clerk of the Village of Mount Prospect be and is hereby authorized and directed to transmit copies of this Resolution to the respective representatives of the Third District; to the Senator representing the Third District; to the Speaker of the House; and to the Lieutenant Governor. SECTION THREE: This Resolution shall be in full force and effect fran and after its passage and approval in the manner prescribed by law. AYES: 6 NAYS: 0 PASSED and APPROVED this A~/~ , llage Clerk _H"I''''''''''t>I~!_..,__ ,_"". "'~, ,,' "'T'" ~ ." _. . '"