HomeMy WebLinkAboutRes 09/05/1944 •
RESOLUTION
SALE OF 1944 TAX ANTICIPATION IARRANTS
WHEREAS, Barcus, Kindred & Co., and Enyart, Van Camp & Co., Inc. has agreed to purchase
not more than 314,000.00 of 1944 general corporate fund tax anticipation warrants
bearing interest at the rate of One and Five - eighth percent (1 -5/8 %) and to pay for
said warrants par, plus premium of Fifty Cents (.50) per $1,000.00 tax warrant and
accrued interest from August 15, 1944;
NOW, THEREFORE, BE IT RESOLV ,by the President and Board of Trustees of the Village
of Mount Prospect that the sale to Barcus, Kindred & Co., and Enyart, Van Camp &
Co., Inc. of $7,000.00 of 1944 general corporate fund tax anticipation warrants,
being numbered C -1 to C -14 inclusive, bearing interest at the rate of One and Five -
eighth percent (1-5/8%) at pair and accrued interest from August 15, 1944, be and
the same is hereby approved and confirmed,
AND BE IT FURTHER RESOLVED that delivery of said tax anticipation warrants be made
pursuant to the terms of an ordinance entitled "An ordinance providing for the
issuance of 1944 tax anticipation warrants of the Village of Mount Prospect, Cook
County, Illinois," passed and approved on the first day of August, A.D., 1944.
Approved and passed by the President and Board of Trustees of the Village
of Mount Prospect, Illinois, at a regular meeting, held on the 5 day of
ZL %yic_ A.D., 1944.