HomeMy WebLinkAboutRes 14-50 09/12/1950 ,i l O *AGH L&4c 8/9/50
No. /`T
R E S O L U T I O N
WHEREAS. the General Assembly of 1 liinois has enacted
certain laws amending Section 68 of the Local Improvements Act
and Section 227 of Chapter 120 of the Revenue Laws of Illinois,
which amending laws provide, among other things, that in coun-
ties having a population of more than 500,000 inhabitants, a
twelve per cent (12%) penalty on special assessments forfeited
or withdrawn from s-1e after July lst, 1935, shall be collected;
that the Board of Trustees of the Village which levied the
assessment may authorize its Collector to waive the penalty for
the first year in excess of seven per cent (7 %); also providing
that in addition to the County Clerk's authority to collect and
redeem such special assessments the amount due on forfeited or
withdrawn special assessments may be collected by any author-
ized officer of the Village which levied the assessment, said
amount when so collected to be based upon an estimate of the
cost of redemption computed by the County Clerk at a rate fixed
by the Board of Trustees of the Village which levied the assess-
ment; and
WHEREAS, the opportunity to pay such special assess-
ments locally, and such reductions in penalty, will operate to
encourage, facilitate and hasten payments of such delinquent
special assessments, NOW, THEREFORE,
BE IT RESOLVED by the President and Board of
Trustees of the Village of Mount Prospect, Cook
County, Illinois, that Herman F. Hinz, the Village
Collector of said Village of Mount Prospect
Illinois, be and he is hereby designated and au-
thorized to collect any amount or amounts due on
withdrawn or forfeited special assessments, based
-2_
upon estimate of cost of redemption computed by
the County Clerk and to issue the receipts there-
fore prescribed by law.
BE IT FURTHER RESOLVED that said Village Col-
lector be and he is hereby authorized to waive
all penalties in excess of seven per cent (7 %)
charged on such withdrawn or forfeited special
assessments.
PASSED: this/ath day of September, 1950
APPROVED: thisAgth day of September, 1 0.
STATE OF ILLINOIS
COUNTY OF C 0 0 K
VILLAGE OF MOUNT SS
PROSPECT
1, ROBERT F. MILLIGAN, Village Clerk of the Village of
Mount Prospect, in the County of Cook and State aforesaid, and
keeper of the records, papers and documents thereof;
DO HEREBY CERTIFY that the above and foregoing is a true,
correct and complete copy of Resolution passed by the Board of
Trustees of said Village of amount Prospect, on they. th day of
September, 1950, and approved by the President thereof on the /Ilk-
day of September, 1950.
IN WITNESS WHEREOF, I have hereunto set my hand as Vil-
lage Clerk of said Village of Mount Prospect, and have hereto
affixed the corporate seal of said Village this day of
September, 1950.
Village Clerk
RECEIPT OF DEPOSIT FOR REDRMPTION
Volume Page Year Returned Receipt No.
STATE OF ILLINOIS )
( SS
COUNTY OF C 0 0 K )
OFFICE OF THE COOK COUNTY CLERK
1, HERMAN F. HINZ, of the Village of lount Prospect,
Illinois, do hereby certify that on the day of
A.D. 19 2
deposited in this office Dollars
for the redemption of
empi,
which was withdrawn or forfemted4y the Collector of said County
on the day of .41T 4‘ 4 A.D. 19 for the non-payment
of the installmepOttspecial Assessment Warrant No.
returned delinquent,
You are authorized and ordered to cancel from
the records angies in your office said withdrawal or forfei-
_,-
ture and issue your Certificate of Redemption and cancellation.
day of 1 A.D. 19
VILLAGE OF MOUNT PROSPECT
By
1CORRECT: Village Collector
APPROVED:
(The official records will show this land unredeemed until you
file this receipt in the County Clerk's office for entry of re-
demption and cancellation.)