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HomeMy WebLinkAboutRes 19-46 06/04/1946 R E S O L U T I O N No Iq WHEREAS, the General Assembly of Illinois 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a population of more than 500,000 inhabitants, a twelve per cent (12%) penalty on special assessments forfeited or withdrawn from sale after July 1st, 1935, shall be collected; that the Board of Trustees of the Village which levied the assessment may authorize its Collector to waive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 (70); 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addition to the County Clerk's authority to collect and redeem such special assessments the amount due on forfeited or withdrawn special assessments may be collected by any author- ! officer of the Village which levied the assessment, said amount when so collected to be based upon an estimate of the cost of recemption 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, Illinois, that Mr. D. L. Gilbert, the Village Collector of said Village of Mount Prospect, Illinois, be and he is hereby designated and authorized to collect any amount or amounts due on withdrawn or forfeited special assessments, based upon estimate of cost of redemption com- puted by the County Clerk and to issue the re- ceipts therefor prescribed by law. c 3 . . . • —9_ BE IT FURTHER RESOLVED that said Village Collector be and he is hereby authorized to waive all penalties in excess of seven per cent (7 %) charged on such withdrawn or forfeited special assessments.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 4th day of June, 1946. APPROVED: this 4th day of June, 1946. • ;‘ L • • . i j I 1 '