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1989-021e • ORDINANCE NO. 89 -21 AN ORDINANCE ADDING CHAPTER 5.60 GOING OUT OF BUSINESS SALES TO THE VILLAGE OF BUFFALO GROVE MUNICIPAL CODE WHEREAS, the Village of Buffalo Grove is a Home Rule Unit pursuant to the Illinois Constitution of 1970; and 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. There is hereby added to the Municipal Code of the Village of Buffalo Grove Chapter 5.60, which is to read as follows: Sections: Chapter 5.60 Going Out Of Business Sales 5.60.010 Adoption of State Code 5.60.020 Termination of Lease 5.60.030 Business To Terminate 5.60.010 - Adoption of State Code. There is hereby adopted for the purpose of regulating "going out of business sales ", an Act of the State of Illinois, entitled: An Act to Regulate the Sale, Representation and Advertising of Goods, Wares or Merchandise to Prevent the Fraudulent Sale Thereof, to Provide Penalties Therefor and to Repeal Act Therein Named, approved July 23, 1959, as amended. (Chapter 121 -1/2, Illinois Revised Statutes, section 157.1 etc.) 5.60.020 - Termination of Lease. In addition to the requirements of said State Act, if the applicant having a going out of business license is a lessee on the premises where the business is conducted, no such license shall be issued hereunder and no such sale shall be conducted unless the applicant has advised the lessor of the premises, in writing, that the applicant requires that the existing lease be terminated and that such request to terminate shall be irrevocable during the period covered by the license. 5.60.030 - Business to Terminate. It shall be unlawful for any licensee hereunder to continue in business or to have an interest in any continuing business on the premises where the going out of business sale took place for a period of two (2) years after said sale. Each day that the licensee continues in business in violation of this Section shall be a separate offense. .5.60.040 - Violation -- Penalty. In addition to the penalty set forth in the State Act, any person violating the provisions of this Chapter shall be punished as provided in Chapter 1.08 hereof. Section 2: This ordinance shall be effective from and after its passage, approval and publication according to law. This Ordinance may be published in pamphlet form. AYES: 4 - Marienthal Reid Shields, Mathias NAYES : 0 - None ABSENT: 2 - Glover, Shifrin PASSED: February 21 , 1989. APPROVED: February 21 , 1989. PUBLISHED: February 22 1989. APPROVED: Village President ATTEST: V_idllage Clerk VILLAGE OF BUFFALO GROVE ORDINANCE NO. ADOPTED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE C THIS DAY OF , 190 Published in pamphlet form by authority of the President and Board of Trustees of the Village of Buffalo Grove, Cook & Lake Counties, Illin is, this day of a 19 Village Clerk By OLt %!mot' IRA -W - Deputy Clerk ORDINANCE NO. 89 -21 AN ORDINANCE ADDING CHAPTER 5.60 GOING OUT OF BUSINESS SALES TO THE VILLAGE OF BUFFALO GROVE MUNICIPAL CODE WHEREAS, the Village of Buffalo Grove is a Home Rule Unit pursuant to the Illinois Constitution of 1970; and 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. There is hereby added to the Municipal Code of the Village of Buffalo Grove Chapter 5.60, which is to read as follows: Sections: Chapter 5.60 Going Out Of Business Sales 5.60.010 Adoption of State Code 5.60.020 Termination of Lease 5.60.030 Business To Terminate 5.60.010 - Adoption of State Code. There is hereby adopted for the purpose of regulating "going out of business sales ", an Act of the State of Illinois, entitled: An Act to Regulate the Sale, Representation and Advertising of Goods, Wares or Merchandise to Prevent the Fraudulent Sale Thereof, to Provide Penalties Therefor and to Repeal Act Therein Named, approved July 23, 1959, as amended. (Chapter 121 -1/2, Illinois Revised Statutes, section 157.1 etc.) 5.60.020 - Termination of Lease. In addition to the requirements of said State Act, if the applicant having a going out of business license is a lessee on the premises where the business is conducted, no such license shall be issued hereunder and no such sale shall be conducted unless the applicant has advised the lessor of the premises, in writing, that the applicant requires that the existing lease be terminated and that such request to terminate shall be irrevocable during the period covered by the license. 5.60.030 - Business to Terminate. It shall be unlawful for any licensee hereunder to continue in business or to have an interest in any continuing business on the premises where the going out of business sale took place for a period of two (2) years after said sale. Each day that the licensee continues in business in violation of this Section shall be a separate offense. 5.60.040 - Violation -- Penalty. In addition to the penalty set forth in the State Act, any person violating the provisions of this Chapter shall be punished as provided in Chapter 1.08 hereof. Section 2: This ordinance shall be effective from and after its passage, approval and publication according to law. This Ordinance may be published in pamphlet form. AYES: _ 4 - Marienthal, Reid, Shields, Mathias NAYES : 0 - None ABSENT: 2 - Glover, Shifrin PASSED: February 21 , 1989. APPROVED: February 21 , 1989. PUBLISHED: February 22 1989. APPROVED: Village President ATTEST: V' lage Clerk