HomeMy WebLinkAboutRes 25-67 05/23/1967
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RESOLUTION No. 25-67
WHEREAS, The President and Board of Trustees of the Village of
Mount Prospect have heretofore, on April 29, 1967, adopted an ordinance
known as Ordinance No. 2000 providing for the issuance and sale of $725,000
Water Works and Sewerage Revenue Bonds, Series of 1967; and
WHEREAS, the President and Board of Trustees have heretofore,
on April 4, 1967, retained the firm of Paul D. Speer & Associates, Inc.,
municipal finance consultants, as financial consultants to the Village of
Mount Prospect, Illinois, in connection with the issuance and sale of the
aforesaid Revenue Bonds; and
WHEREAS, the preparation and distribution of an official statement
with respect to the issuance and sale of the aforesaid bonds, and the
preparation and distribution of an official notice of sale are necessary for
the issuance and sale of the aforesaid Revenue Bonds; and
WHEREAS, the preparation of a summary notice of sale in connection
with the issuance and sale of the aforesaid Revenue Bonds is also necessary.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT AS FOLLOWS:
SECTION ONE: That Paul D. Speer & Associates, Inc. of 20 North
Wacker Drive, Chicago, Illinois, be, and they are hereby, authorized and
directed to prepare and distribute an official statement with respect to the
issuance and sale of the aforesaid $725,000 Water Works and Sewerage Revenue
Bonds, Series 1967, of the Village of Mount Prospect, Illinois, pursuant to
Ordinance No. 2000 of the said Village heretofore passed and approved by the
President and Board of Trustees of the said Village on April 29, 1967.
SECTION TWO: That the aforesaid Paul D. Speer & Associates, Inc.
be, and they are hereby, authorized and directed to prepare and distribute" an
official notice of sale with respect to the issuance and sale of the aforesaid
Revenue Bonds pursuant to the aforesaid Ordinance 2000.
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SECTION THREE:
That the aforesaid Paul D. Speer & Associates, Inc.
be, and they are hereby, authorized and directed to publish a summary notice
of sale of the aforesaid Revenue Bonds in the Daily Bond Buyer of May 29, 1967
and in such other publications and on such other dates as the said Paul D. Spee
& Associates, Inc. may deem necessary or desirable.
SECTION FOUR: That this Resolution shall be in full force and
effect from and after its passage and approval in the manner provided by law.
AYES: 6
NAYS: 0
PASSED this 23rd day of May, 1967.
APPROVED this 23rd day of May, 1967.
Village President
ATTEST:
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Village Clerk
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