1985-0540
ORDINANCE NO. 85 -54
F]
AN ORDINANCE proposing the establishment
of Special Service Area Number Three of
the Village of Buffalo Grove, Cook and
Lake Counties, Illinois, and the issuance
of bonds to the amount of $3,100,000 for
the purpose of paying the cost of
providing special services in and for
such Area.
WHEREAS, pursuant to the provisions of Section 6(a) of
Article VII of the 1970 Constitution of the State of Illinois
(the "Constitution "), the Village of Buffalo Grove, Cook and Lake
Counties, Illinois (the "Village "), has elected by referendum to
become a home rule unit; and
WHEREAS, special service areas are established by home
rule units pursuant to Part (2) of Section 6(1) of Article VII of
the Constitution, which provides:
The General Assembly may not deny or limit
the power of home rule units . . . (2) to
levy or impose additional taxes upon areas
within their boundaries in the manner provided
by law for the provision of special services
to those areas and for the payment of debt
incurred in order to provide those special
services.
and are established pursuant to the provisions of "AN ACT to
provide the manner of levying or imposing taxes for the provision
of special services to areas within the boundaries of home rule
units and non -home rule municipalities and counties," approved
September 21, 1973, as amended, and pursuant to the Revenue Act
of 1939 of the State of Illinois, as amended;
WHEREAS, it is in the public interest that the establish-
ment of the area hereinafter described as a special service area for
the purpose set forth herein and to be designated as Special Service
Area Number Three of the Village (the "Area ") be considered; and
WHEREAS, the Area is compact and contiguous and is
totally within the corporate limits of the Village; and
WHEREAS, the Area will benefit specially from the
municipal services to be provided (the "Services "), and the Ser-
vices are unique and in addition to municipal services provided
to the Village as a whole and it is, therefore, in the best
interests of the Village that the establishment of the Area be
considered; and
WHEREAS,
the Services is $3
WHEREAS,
of bonds in not to
the full faith and
of paying the cost
WHEREAS,
it is hereby estimated that the cost of providing
,100,000; and
it is in the public interest that the issuance
exceed the amount of $3,100,000 and secured by
credit of the Area be considered for the purpose
of providing the Services (the "Bonds "); and
the proceeds of the Bonds shall be used solely
and only for Services for which the Village is authorized under
the provisions of the Illinois Municipal Code, as amended, to
levy taxes or special assessments or to appropriate the funds
of the Village, all of the Services to be in and for the Area
and all of the necessary construction to be on existing public
property or property to be acquired by the Village; and
WHEREAS, the Bonds shall be retired over a period not
to exceed 20 years from the issuance thereof and shall bear
interest at a rate or rates not to exceed 15% per annum; and
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0 0
WHEREAS, the Bonds shall be retired by the levy of a
direct annual tax sufficient to pay the interest on the Bonds as
the same comes due and to discharge the principal thereof at
maturity; and
WHEREAS, said direct annual tax shall be levied upon
all taxable property within the Area for said period of not to
exceed 20 years and shall be unlimited as to rate or amount and
in addition to all other taxes permitted by law:
NOW, THEREFORE, Be It Ordained by the President and Board
of Trustees of the Village of Buffalo Grove, Cook and Lake Counties,
Illinois, as follows:
Section 1. That the preambles of this ordinance are
hereby incorporated into this text as if set out herein in full.
Section 2. That a public hearing shall be held at 7:30
o'clock P.M., on the 7th day of October, 1985, at the Buffalo Grove
Village Hall, 50 Raupp Boulevard, Buffalo Grove, Illinois (the
"Hearing "), to consider the establishment of the Area in the
territory, and for the purpose of providing the Services, described
in the Notice of Public Hearing set forth in Section 4 hereof
(the "Notice ") and to consider the issuance of the Bonds described
in the Notice.
Section 3. That notice of the Hearing shall be given
by publication and mailing. Notice by publication shall be given
by publication at least once not less than fifteen (15) days prior
to the Hearing in The Buffalo Grove Daily Herald, the same being
a newspaper published in and of general circulation within the
Village. Notice by mailing shall be given by depositing the
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p O
Notice in the United States mails addressed to the person or
persons in whose name the general taxes for the last preceding
year were paid on each lot, block, tract or parcel of land lying
within the Area. The Notice shall be mailed not less than ten
(10) days prior to the time set for the Hearing. In the event
taxes for the last preceding year were not paid, the Notice
shall be sent to the person last listed on the tax rolls prior
to that year as the owner of said property.
Section 4. That the Notice shall be in substantially
the following form:
NOTICE OF PUBLIC HEARING
VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS
SPECIAL SERVICE AREA NUMBER THREE
NOTICE IS HEREBY GIVEN that on October 7, 1985, at 7:30
o'clock P.M., at the Buffalo Grove Village Hall, 50 Raupp Boulevard,
Buffalo Grove, Illinois, a hearing will be held by the President
and Board of Trustees of the Village of Buffalo Grove, Cook and
Lake Counties, Illinois, to consider the establishment of Special
Service Area Number Three of said Village consisting of the
following described territory:
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0 0
Section 4. That Special Service Area Number Three of
the Village is hereby established in and for the Village and
shall consist of the following described territory:
THAT PART OF THE SOUTHEAST 1/4 OF SECTION 35, TOWNSHIP 43 NORTH, RANGE 11, EAST
OF THE THIRD PRINCIPAL MERIDIAN AND A, PART OF COLUMBIAN GARDENS UNIT 2, BEING A
SUBDIVISION IN PART OF THE AFORESAID SECTION, ACCORDING TO THE PLAT THEREOF
RECORDED AS DOCUMENT 282352, SAID PARCEL BEING DESCRIBED AS FOLLOWS: COMMENCING
AT THE SOUTHWEST CORNER OF SAID COLUMBIAN GARDENS UNIT 2 (SAID POINT BEING IN
THE CENTER LINE OF MILWAUKEE AVENUE); THENCE EASTERLY ALONG THE SOUTHERLY LINE
OF SAID COLUMBIAN GARDENS UNIT 2 TO THE EASTERLY LINE OF SAID MILWAUKEE AVENUE;
THENCE NORTHERLY ALONG THE EASTERLY LINE OF SAID MILWAUKEE AVENUE TO THE
NORTHERLY LINE OF MARQUETTE PLACE 1N SAID COLUMBIAN GARDENS UNIT 2; THENCE.
EASTERLY ALONG SAID NORTHERLY LINE AND ITS EASTERLY EXTENSION TO THE NORTHERLY
EXTENSION OF THE WESTERLY LINE OF LOT 2, BLOCK 9 IN SAID COLUMBIAN GARDENS UNIT
2; THENCE SOUTHERLY ALONG SAID WESTERLY LINE EXTENDED TO THE NORTHWEST CORNER OF
SAID LOT 2; THENCE EASTERLY TO THE NORTHEAST CORNER OF SAID LOT 2; THENCE
SOUTHERLY TO THE SOUTHEAST CORNER OF SAID LOT 2; THENCE EASTERLY ALONG THE
NORTHERLY LINE OF LOT 6, BLOCK 9, AND ITS EASTERLY EXTENSION TO THE EASTERLY
LINE OF LONG BEACH DRIVE; THENCE SOUTHERLY, EASTERLY AND SOUTHERLY ALONG THE
EASTERLY, NORTHERLY AND EASTERLY LINES OF SAID LONG BEACH DRIVE TO THE EASTERLY
,EXTENSION OF THE SOUTHERLY LINE OF BLOCK 10 IN SAID COLUMBIAN GARDENS UNIT 2;
THENCE WESTERLY ALONG SAID SOUTH LINE TO A POINT WHICH IS NORTH 00 DEGREEES 00
MINUTES EAST FROM A POINT ON THE SOUTH LINE OF THE SOUTHEAST 1/4 OF SAIII.SECTION
35 WHICH IS 950.00 FEET EAST FROM ITS INTERSECTION WITH THE CENTER LINE OF SAID
MILWAUKEE AVENUE; THENCE SOUTH 00 DEGREES 00 MINUTES EAST TO THE SOUTH LINE OF
SAID SOUTHEAST QUARTER OF SECTION 3S; THENCE WEST ALONG SAID SOUTH LINE, 950.00
FEET TO THE CENTER LINE OF SAID MILWAUKEE AVENUE; THENCE NORTHERLY ALONG SAID
CENTER LINE TO THE POINT OF BEGINNING (EXCEPT THAT PART FALLING IN MILWAUKEE
AVENUE AND LAKE -COOK ROAD) IN LAKE COUNTY, ILLINOIS.
-5-
t
0
Said territory is located northeast of the intersection
of Lake -Cook and Milwaukee Roads and is generally bounded on the
north by the Columbian Gardens Subdivision, on the east by the
Des Plaines River, on the south by Lake -Cook Road and on the west
by the Milwaukee Avenue in said Village, and an accurate map of
said territory is on file in the office of the Village Clerk of
said Village and is available for public inspection.
The purpose of the establishment of said Special Service
Area Number Three is to provide special municipal services to said
Special Service Area, including the construction of sewer and water
improvements, streets, curbs, water distribution system and facilities,
street lights, storm water retention lakes and landscaping, fire
protection and design engineering /surveying, all of said services
to be in and for said Special Service Area and all of said construc-
tion to be on existing public property or property to be acquired by
said Village.
The issuance of bonds in not to exceed the amount of
$3,100,000 and secured by the full faith and credit of said Special
Service Area to pay the cost of the special municipal services
hereinabove described will also be considered at said public hearing.
Said bonds shall be retired over a period of not to exceed 20
years from the issuance thereof and shall bear interest at a rate
or rates not to exceed 15% per annum. Such bonds, if issued,
shall be retired by the levy of a direct annual tax sufficient to
pay the principal and interest thereon, said tax to be levied upon
all the taxable property within said Special Service Area for said
period of not to exceed 20 years and to be unlimited as to rate or
amount and in addition to all other taxes permitted by law.
I.
0 0
All interested persons affected by the establishment of
said Special Service Area Number Three or the issuance of said
bonds and the levy of said tax, including all owners of real
estate located within said Special Service Area, will be given an
opportunity to be heard at said hearing regarding the establishment
of said Special Service Area and the issuance of said bonds and
the levy of said tax and an opportunity to file objections to
the establishment of said Special Service Area or the issuance of
said bonds and the levy of said tax.
At said public hearing, any interested persons affected
by said proposed Special Service Area may file with the Village
Clerk of said Village written objections to and may be heard orally
in respect to any issues embodied in this notice. The President
and Board of Trustees of said Village shall hear and determine all
protests and objections at said hearing, and said hearing may be
adjourned to another date without further notice other than a
motion to be entered upon the minutes fixing the time and place
of its adjournment.
If a petition signed by at least 51% of the electors
residing within said Special Service Area Number Three and by at
least 51% of the owners of record of the land included within
the boundaries of said Special Service Area is filed with the
Village Clerk of said Village within 60 days following the final
adjournment of said public hearing objecting to the creation of
said Special Service Area, the levy or imposition of a tax or
-7-
O
0
the issuance of bonds for the provision of special services to
said Special Service Area, or to a proposed increase in the tax
rate, no such Special Service Area may be created, or tax may be
levied or imposed nor the rate increased, or no such bonds may
be issued.
By order of the President and Board of Trustees of the
Village of Buffalo Grove, Cook and Lake Counties, Illinois.
DATED this 9th day of September, 1985.
Villao Clerk, Village of Buffalo
Grove, Cook and Lake Counties,
Illinois
Section 5. That all ordinances, orders and resolutions
and parts thereof in conflict, including Ordinances No. 85 -42 and
85 -44 of the Village, herewith be and the same are hereby repealed,
and that this ordinance be in full force and effect forthwith
upon its adoption and approval.
Adopted September 9, 1985.
AYES: 6 - Marienthal, O'Reilly, Glover, Reid, Shields, Kowalski
NAYS: 0 - None
ABSENT: 0 - None
Approved September 9, 1985.
President, Village of uffa o
Grove, Cook and Lake ounties,
Illinois
IM
0 0
Attest:
Villag Clerk, Village of Buffalo
Grove, Cook and Lake Counties,
Illinois
Recorded in the Village Records on September 9, 1985•
0 0
MINUTES of a regular public meeting of
the President and Board of Trustees of
the Village of Buffalo Grove, Cook and
Lake Counties, Illinois, held at 50 Raupp
Boulevard, Buffalo Grove, Illinois,
in said Village at 7 :30 o'clock P.M.,
on the 9th day of September, 1985.
The President called the meeting to order and directed
the Village Clerk to call the roll.
Upon roll call, the following answered present:
Verna L. Clayton , the President and Trustees: Marienthal, O'Reilly,
Glover, Reid, Shields, Kowalski
The following Trustees were absent:
None
Trustee Marienthal presented and the Village Clerk
read in full the following ordinance:
0 0
Trustee Marienthal moved and Trustee
O'Reilly seconded the motion that said ordinance as
presented and read by the Village Clerk be adopted.
After a full discussion thereof, the President directed
that the roll be called for a vote upon the motion to adopt said
ordinance as read.
Upon the roll being called, the following Trustees
voted AYE: 6 - Marienthal, O'Reilly, Glover, Reid, Shields, Kowalski
The following Trustees voted NAY:
None
Whereupon the President declared the motion carried and
said ordinance adopted, approved and signed the same in open
meeting and directed the Village Clerk to record the same in full
in the records of the President and Board of Trustees of the
Village of Buffalo Grove, Cook and Lake Counties, Illinois, which
was done.
Other business not pertinent to the adoption of said
ordinance was duly transacted at the meeting.
Upon motion duly made, seconded and carried, the meeting
was adjourned.
.�
Village Clerk
0 0
STATE OF ILLINOIS )
SS
COUNTY OF COOK )
CERTIFICATION OF MINUTES
I, the undersigned, do hereby certify that I am the
duly qualified and acting Village Clerk of the Village of Buffalo
Grove, Cook and Lake Counties, Illinois (the "Village "), and
that as such official I am the keeper of the records and files
of the President and Board of Trustees of the Village (the "Board ").
I do further certify that the foregoing is a full, true
and complete transcript of that portion of the minutes of the
meeting of the Board held on the 9th day of September, 1985, insofar
as same relates to the adoption of Ordinance No. 85 -54 entitled:
AN ORDINANCE proposing the establishment
of Special Service Area Number Three of
the Village of Buffalo Grove, Cook and
Lake Counties, Illinois, and the issuance
of bonds to the amount of $3,100,000 for
the purpose of paying the cost of
providing special services in and for
such Area.
a true, correct and complte copy of which said ordinance as
adopted at said meeting appears in the foregoing transcript of
the minutes of said meeting.
I do further certify that the deliberations of the
Board on the adoption of said ordinance were conducted openly,
that the vote on the adoption of said ordinance was taken openly,
that said meeting was held at a specified time and place convenient
to the public, that notice of said meeting was duly given to all
newspapers, radio or television stations and other news media
requesting such notice, that said meeting was called and held in
strict compliance with the provisions of the Open Meetings Act of
the State of Illinois, as amended, and "AN ACT to provide the manner
of levying or imposing taxes for the provision of special services
to areas within the boundaries of home rule units and non -home
rule municipalities and counties," approved September 21, 1973,
as amended, and that the Board has complied with all of the
provisions of said Acts and with all of the procedural rules of
the Board.
IN WITNESS WHEREOF, I hereunto affix my official signature
and the seal of the Village, this 9th day of September, 1985•
(SEAL)
Village Clerk
f
r . _
VILLAGE OF BUFFALO GROVE
ORDINANCE NO.
ADOPTED BY THE PRESIDENT
AND BOARD OF TRUSTEES OF THE VILLAGE
OF BUFFALO GROV
THIS DAY OF 19�
sy
Published in pamphlet form by authority of the
President and Board of Trustees of the Village
of Buffalo Grove, Cook & Lake Counties, Illinois,
this 10611 day of . �-5 .
age /A-
Vill Clerk
ORDINANCE NO. 85 -54
AN ORDINANCE proposing the establishment
of Special Service Area Number Three of
the Village of Buffalo Grove, Cook and
Lake Counties, Illinois, and the issuance
of bonds to the amount of $3,100,000 for
the purpose of paying the cost of
providing special services in and for
such Area.
WHEREAS, pursuant to the provisions of Section 6(a) of
Article VII of the 1970 Constitution of the State of Illinois
(the "Constitution "), the Village of Buffalo Grove, Cook and Lake
Counties, Illinois (the "Village "), has elected by referendum to
become a home rule unit; and
WHEREAS, special service areas are established by home
rule units pursuant to Part (2) of Section 6(1) of Article VII of
the Constitution, which provides:
The General Assembly may not deny or limit
the power of home rule units . . . (2) to
levy or impose additional taxes upon areas
within their boundaries in the manner provided
by law for the provision of special services
to those areas and for the payment of debt
incurred in order to provide those special
services.
and are established pursuant to the provisions of "AN ACT to
provide the manner of levying or imposing taxes for the provision
of special services to areas within_ the boundaries of home rule
units and non -home rule municipalities and counties," approved
September 21, 1973, as amended, and pursuant to the Revenue Act
of 1939 of the State of Illinois, as amended;
WHEREAS, it is in the public interest that the establish-
ment of the area hereinafter described as a special service area for
the purpose set forth herein and to be designated as Special Service
Area Number Three of the Village (the "Area ") be considered; and
WHEREAS, the Area is compact and contiguous and is
totally within the corporate limits of the Village; and
WHEREAS, the Area will benefit specially from the
municipal services to be provided (the "Services "), and the Ser-
vices are unique and in addition to municipal services provided
to the Village as a whole and it is, therefore, in the best
interests of the Village that the establishment of the Area be
considered; and
WHEREAS, it is hereby estimated that the cost of providing
the Services is $3,100,000; and
WHEREAS, it is in the public interest that the issuance
of bonds in not to exceed the amount of $3,100,000 and secured by
the full faith and credit of the Area be considered for the purpose
of paying the cost of providing the Services (the "Bonds "); and
WHEREAS, the proceeds of the Bonds shall be used solely
and only for Services for which the Village is authorized under
the provisions of the Illinois Municipal Code, as amended, to
levy taxes or special assessments or to appropriate the funds
of the Village, all of the Services to be in and for the Area
and all of the necessary construction to be on existing public
property or property to be acquired by the Village; and
WHEREAS, the Bonds shall be retired over a period not
to exceed 20 years from the issuance thereof and shall bear
interest at a rate or rates not to exceed 15% per annum; and
-2-
WHEREAS, the Bonds shall be retired by the levy of a
direct annual tax sufficient to pay the interest on the Bonds as
the same comes due and to discharge the principal thereof at
maturity; and
WHEREAS, said direct annual tax shall be levied upon
all taxable property within the Area for said period of not to
exceed 20 years and shall be unlimited as to rate or amount and
in addition to all other taxes permitted by law:
NOW, THEREFORE, Be It Ordained by the President and Board
of Trustees of the Village of Buffalo Grove, Cook and Lake Counties,
Illinois, as follows:
Section 1. That the preambles of this ordinance are
hereby incorporated into this text as if set out herein in full.
Section 2. That a public hearing shall be held at 7:30
o'clock P.M., on the 7th day of October, 1985, at the Buffalo Grove
Village Hall, 50 Raupp Boulevard, Buffalo Grove, Illinois (the
"Hearing "), to consider the establishment of the Area in the
territory, and for the purpose of providing the Services, described
in the Notice of Public Hearing set forth in Section 4 hereof
(the "Notice ") and to consider the issuance of the Bonds described
in the Notice.
Section 3. That notice of the Hearing shall be given
by publication and mailing. Notice by publication shall be given
by publication at least once not less than fifteen (15) days prior
to the Hearing in The Buffalo Grove Daily Herald, the same being
a newspaper published in and of general circulation within the
Village. Notice by mailing shall be given by depositing the
-3-
Notice in the United States mails addressed to the person or
persons in whose name the general taxes for the last preceding
year were paid on each lot, block, tract or parcel of land lying
within the Area. The Notice shall be mailed not less than ten
(10) days prior to the time set for the Hearing. In the event
taxes for the last preceding year were not paid, the Notice
shall be sent to the person last listed on the tax rolls prior
to that year as the owner of said property.
Section 4. That the Notice shall be in substantially
the following form:
NOTICE OF PUBLIC HEARING
VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS
SPECIAL SERVICE AREA NUMBER THREE
NOTICE IS HEREBY GIVEN that on October 7, 1985, at 7:30
o'clock P.M., at the Buffalo Grove Village Hall, 50 Raupp Boulevard,
Buffalo Grove, Illinois, a hearing will be held by the President
and Board of Trustees of the Village of Buffalo Grove, Cook and
Lake Counties, Illinois, to consider the establishment of Special
Service Area Number Three of said Village consisting of the
following described territory:
-4-
Section 4. That Special Service Area Number Three of
the Village is hereby established in and for the Village and
shall consist of the following described territory:
THAT PART OF THE SOUTHEAST 1/4 OF SECTION 35, TOWNSHIP 43 NOBTH. RANGE 11. EAST
OF THE THIRD PRINCIPAL MERIDIAN AND A PART OF COLUMBIAN GARDENS UNIT 2, BEING A
SUBDIVISION IN PART OF THE AFORESAID SECTION, ACCORDING TO THE PLAT THEREOF
RECORDED AS DOCUMENT 282352, SAID PARCEL BEING DESCRIBED AS FOLLOWS: COMMENCING
AT THE SOUTHWEST CORNER OF SAID COLUMBIAN GARDENS UNIT 2 (SAID POINT BEING IN
THE CENTER LINE OF MILWAUKEE AVENUE); THENCE EASTERLY ALONG THE SOUTHERLY LINE
OF SAID COLUMBIAN GARDENS UNIT 2 TO THE EASTERLY LINE OF SAID MILWAUKEE AVENUE;
THENCE NORTHERLY ALONG THE EASTERLY LINE OF SAID MILWAUKEE AVENUE TO THE
NORTHERLY LINE OF MARQUETTE PLACE 1N SAID COLUMBIAN GARDENS UNIT 2; THENCE,
EASTERLY ALONG SAID NORTHERLY LINE AND ITS EASTERLY EXTENSION TO THE NORTHERLY'
EXTENSION OF THE WESTERLY LINE OF LOT 2, BLOCK 9 IN SAID COLUMBIAN GARDENS UNIT
2; THENCE SOUTHERLY ALONG SAID WESTERLY LINE EXTENDED TO THE NORTHWEST CORNER OF
SAID LOT 2; THENCE EASTERLY TO THE NORTHEAST CORNER OF SAID LOT 2; THENCE
SOUTHERLY TO THE SOUTHEAST CORNER OF SAID LOT 2; THENCE EASTERLY ALONG THE
NORTHERLY LINE OF LOT 6, BLOCK S. AND ITS EASTERLY EXTENSION TO THE EASTERLY
LINE OF LONG BEACH DRIVE; THENCE SOUTHERLY. EASTERLY AND SOUTHERLY ALONG THE
EASTERLY, NORTHERLY AND EASTERLY LINES OF SAID LONG BEACH DRIVE TO THE EASTERLY
.EXTENSION OF THE SOUTHERLY LINE OF BLOCK 10 IN SAID COLUMBIAN GARDENS UNIT 2;
THENCE WESTERLY ALONG SAID SOUTH LINE TO A POINT WHICH IS NORTH 00 DEGREEES 00
MINUTES EAST FROM A POINT ON THE SOUTH LINE OF THE SOUTHEAST 1/4 OF SAIC..SECTION
35 WHICH IS 950.00 FEET EAST FROM ITS INTERSECTION WITH THE CENTER LINE OF SAID
MILWAUKEE AVENUE; THENCE SOUTH 00 DEGREES 00 MINUTES EAST TO THE SOUTH LINE OF
SAID SOUTHEAST QUARTER OF SECTION 3S; THENCE WEST ALONG SAID SOUTH LINE, 9S0.00
FEET TO THE CENTER LINE OF SAID MILWAUKEE AVENUE; THENCE NORTHERLY ALONG SAID
CENTER LINE TO THE POINT OF BEGINNING (EXCEPT THAT PART FALLING IN MILWAUKEE
AVENUE AND LAKE-COOK ROAD) IN LAKE COUNTY. ILLINOIS.
-5-
Said territory is located northeast of the intersection
of Lake -Cook and Milwaukee Roads and is generally bounded on the
north by the Columbian Gardens Subdivision, on the east by the
Des Plaines River, on the south by Lake -Cook Road and on the west
by the Milwaukee Avenue in said Village, and an accurate map of
said territory is on file in the office of the Village Clerk of
said Village and is available for public inspection_.
The purpose of the establishment of said Special Service
Area Number Three is to provide special municipal services to said
Special Service Area, including the construction of sewer and water
improvements, streets, curbs, water distribution system and facilities,
street lights, storm water retention lakes and landscaping, fire
protection and design engineering /surveying, all of said services
to be in and for said Special Service Area and all of said construc-
tion to be on existing public property or property to be acquired by
said Village.
The issuance of bonds in not to exceed the amount of
$3,100,000 and secured by the full faith and credit of said Special
Service Area to pay the cost of the special municipal services
hereinabove described will also be considered at said public hearing.
Said bonds shall be retired over a period of not to exceed 20
years from the issuance thereof and shall bear interest at a rate
or rates not to exceed 15% per annum. Such bonds, if issued,
shall be retired by the levy of a direct annual tax sufficient to
pay the principal and interest thereon, said tax to be levied upon
all the taxable property within said Special Service Area for said
period of not to exceed 20 years and to be unlimited as to rate or
amount and in addition to all other taxes permitted by law.
All interested persons affected by the establishment of
said Special Service Area Number Three or the issuance of said
bonds and the levy of said tax, including all owners of real
estate located within said Special Service Area, will be given an
opportunity to be heard at said hearing regarding the establishment
of said Special Service Area and the issuance of said bonds and
the levy of said tax and an opportunity to file objections to
the establishment of-said Special Service Area or the issuance of
said bonds and the levy of said tax.
At said public hearing, any interested persons affected
by said proposed Special Service Area may file with the Village
Clerk of said Village written objections to and may be heard orally
in respect to any issues embodied in this notice. The President
and Board of Trustees of said Village shall hear and determine all
protests and objections at said hearing, and said hearing may be
adjourned to another date without further notice other than a
motion to be entered upon the minutes fixing the time and place
of its adjournment.
If a petition signed by at least 51% of the electors
residing within said Special Service Area Number Three and by at
least 51% of the owners of record of the land included within
the boundaries of said Special Service Area is filed with the
Village Clerk of said Village within 60 days following the final
adjournment of said public hearing objecting to the creation of
said Special Service Area, the levy or imposition of a tax or
-7-
the issuance of bonds for the provision of special services to
said Special Service Area, or to a proposed increase in the tax
rate, no such Special Service Area may be created, or tax may be
levied or imposed nor the rate increased, or no such bonds may
be issued.
By order of the President and Board of Trustees of the
Village of Buffalo Grove, Cook and Lake Counties, Illinois.
DATED this 9th day of September, 1985.
Section 5.
.y
Villag,d Clerk,,Village of.Buffalo
Grove, Cook and Lake Counties,
Illinois
That all ordinances, orders and resolutions
and parts thereof in conflict, including Ordinances No. 85 -42 and
85 -44 of the Village, herewith be and the same are hereby repealed,
and that this ordinance be in full force and effect forthwith
upon its adoption and approval.
Adopted September 9, 1985.
AYES• 6 - Marienthal, O'Reilly, Glover, Reid, Shields, Kowalski
NAYS: 0 - None
ABSENT: 0 - None
Approved September 9, 1985.
Pre "sident, illage of uffa o
Grove, Cook and Lake ounties,
Illinois
� r
Attest:
Villag Clerk, Village of Buffalo
Grove, Cook and Lake Counties,
Illinois
Recorded in the Village Records on September 9, 1985•
ME
MINUTES of a regular public meeting of
the President and Board of Trustees of
the Village of Buffalo Grove, Cook and
Lake Counties, Illinois, held at 50 Raupp
Boulevard, Buffalo Grove, Illinois,
in said Village at 7 :30 o'clock P.M.,
on the 9th day of September, 1985.
The President called the meeting to order and directed
the Village Clerk to call the roll.
Upon roll call, the following answered present:
Verna L. Clayton , the President and Trustees: Marienthal, O'Reilly,
Glover, Reid, Shields, Kowalski
The following Trustees were absent:
None
Trustee Marienthal presented and the Village Clerk
read in full the following ordinance:
O'Reilly
Trustee Marienthal moved and Trustee
seconded the motion that said ordinance as
presented and read by the Village Clerk be adopted.
After a full discussion thereof, the President directed
that the roll be called for a vote upon the motion to adopt said
ordinance as read.
Upon the roll being called, the following Trustees
voted AYE: 6 - Marienthal, O'Reilly, Glover, Reid, Shields Kowalski
The following Trustees voted NAY:
None
Whereupon the President declared the motion carried and
said ordinance adopted, approved and signed the same in open
meeting and directed the Village Clerk to record the same in full
in the records of the President and Board of Trustees of the
Village of Buffalo Grove, Cook and Lake Counties, Illinois, which
was done.
Other business not pertinent to the adoption of said
ordinance was duly transacted at the meeting.
Upon motion duly made, seconded and carried, the meeting
was adjourned.
Village Clerk
V
STATE OF ILLINOIS )
SS
COUNTY OF COOK )
CERTIFICATION OF MINUTES
I, the undersigned, do hereby certify that I am the
duly qualified and acting Village Clerk of the Village of Buffalo
Grove, Cook and Lake Counties, Illinois (the "Village "), and
that as such official I am the keeper of the records and files
of the President and Board of Trustees of the Village (the "Board ").
I do further certify that the foregoing is a full, true
and complete transcript of that portion of the minutes of the
meeting of the Board held on the 9th day of September, 1985, insofar
as same relates to the adoption of Ordinance No. 85 -54 entitled:
AN ORDINANCE proposing the establishment
of Special Service Area Number Three of
the Village of Buffalo Grove, Cook and
Lake Counties, Illinois, and the issuance
of bonds to the amount of $3,100,000 for
the purpose of paying the cost of
providing special services in and for
such Area.
a true, correct and complte copy of which said ordinance as
adopted at said meeting appears in the foregoing transcript of
the minutes of said meeting.
I do further certify that the deliberations of the
Board on the adoption of said ordinance were conducted openly,
that the vote on the adoption of said ordinance was taken openly,
that said meeting was held at a specified time and place convenient
to the public, that notice of said meeting was duly given to all
newspapers, radio or television stations and other news media
requesting such notice, that said meeting was called and held in
strict compliance with the provisions of the Open Meetings Act of
the State of Illinois, as amended, and "AN ACT to provide the manner
of levying or imposing taxes for the provision of special services
to areas within the boundaries of home rule units and non -home
rule municipalities and counties," approved September 21, 1973,
as amended, and that the Board has complied with all of the
provisions of said Acts and with all of the procedural rules of
the Board.
IN WITNESS WHEREOF, I hereunto affix my official signature
and the seal of the Village, this 9th day of September , 1985.
(SEAL)
Village Clerk