HomeMy WebLinkAboutOrd 5146 10/03/2000 ORDINANCE NO. 5146
AN ORDINANCE AMENDING CHAPTER 5 OF THE
VILLAGE CODE OF MOUNT PROSPECT
Passed and approved by
the President and Board of Trustees
the 3rd day of October, 2000
Published in pamphlet form by
authority of the corporate
authorities of the Village of
Mount Prospect, Illinois, the
4th day of October, 2000
hm/vwl
9/19/00
ORDINANCE NO. 5146
AN ORDINANCE AMENDING CHAPTER 5
OF THE VILLAGE CODE OF MOUNT PROSPECT
BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILMNOIS:
SECTION 1: Chapter 5, Article VI, entitled "Finance Commission" of the
Mount Prospect Village Code shall be amended by deleting Article VI in its
entirety and inserting a new Article VI, entitled "Finance Commission", which
shall be and read as follows:
"ARTICLE VI
FINANCE COMMISSION
SECTION:
5.601. Creation and Purpose
5.602. Membership
5.603. Organization
5.604 Duties and Responsibilities
5.605 Meetings
Sec. 5.601. Creation and Purpose.
In that it is useful to the economic welfare of the Village, there is hereby
created a citizens commission which shall be known as the Finance
Commission of the Village. The Finance Commission shall advise and assist
the Village President and Board of Trustees in the maintenance of a sound tax
structure and overall fiscal policy for the Village.
Sec. 5.602. Membership.
A. There shall be seven voting members of the Finance Commission. Each
shall be a resident of the Village.
1. The Village President shall appoint the Chair and other members
of this Commission with the advice and consent of the Board of
Trustees. The Chair shall serve no more than two (2)
consecutive terms as Chair. In making such appointments,
consideration shall
Finance Commission
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be given to the appointee's background relating to municipal
finance and planning.
2. The term of office for this Commission shall be four (4) years, or until a
successor is appointed and qualified. Terms may be adjusted by the
Village Board to assure that no more than three (3) terms end in any
particular year.
Sec. 5.603, Organization.
A. Immediately upon its organization, the Finance Commission shall select from its
membership a Vice Chairman and a Secretary. The persons so selected shall
serve for terms of one year, and may be reelected to the same position.
B. The Commission may adopt rules for the conduct of its meetings and shall keep
written minutes of all meetings and other proceedings. Roberts Rules of Order
shall govern the conduct of the meetings to the extent that parliamentary issues
are not addressed by any rules which may be adopted by the Commission.
C. All meetings of the Commission shall be public and its minutes shall be available
for examination in the office of the Village Clerk during regular business hours.
Sec. 5.604. Duties and Responsibilities.
In advising and assisting the Village President and Board of Trustees, the Finance
Commission shall have the following duties, which shall be executed in the public
interest and to promote the financial stability of the Village:
A. To review the proposed budget and make recommendations to the Village Board
as the Commission deems appropriate.
B. To make findings and recommendations regarding Village finances, from time to
time as it shall deem useful.
To make findings and recommendations regarding such charges as the Village
President or the Board of Trustees may make to the Commission from time to
time.
inance Commission
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Sec. 5.605. Meetings.
The Finance Commission shall meet on the fourth Thursday of each month, unless
notice of cancellation is given by the Chair or Finance Director. The Chair may call for
special meetings as needed."
SECTION 2: This Ordinance shall be in full force and effect from and after its passage,
approval and publication in pamphlet form in the manner provided by law.
AYES: Corcoran, Hoefert, Lohrstorfer, Prikkel, Skowron, Wilks
NAYS: None
ABSENT: None
PASSED and APPROVED this 3rd day of October, 2000.
Gerald L. Farley'
Villaie President
ATTEST:
Vel~a~W. L ow~;
Village Clerk
H:~GEN\files\WlN\OR DINANC~,Am e nd Ch 5,Finance Corem, Oct 2000.dec