1989-009ORDINANCE NO. 89- 9
AN ORDINANCE ESTABLISHING A FISCAL YEAR FOR THE FOOD SERVICE OPERATIONS FUND
WHEREAS, the Village of Buffalo Grove is to develop a restaurant and
lounge facilities in the clubhouses at the Buffalo Grove Golf Club and
Arboretum Golf Course and;
WHEREAS, the Village must establish an operating fund to account for the
development and operations of these food and lounge facilities in a manner
comparable to the operations of the golf course operational funds.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS, the
following:
SECTION 1. Pursuant to the authority granted in Chapter 24, the
Illinois Municipal Code, of the Illinois Revised Statutes, Section
1- 1 -2(5), the fiscal year for the Food Service Operations Fund is hereby
established on a calendar year fiscal basis from January 1st through
December 31st.
SECTION 2. This ordinance shall be effective as of January 1, 1989.
SECTION 3. This ordinance shall be in full force and effect from and
after its passage and approval according to law. This ordinance shall
not be codified.
AYES: 5 - Marienthal, Reid, Shields, Shifrin, Mathias
NAYES: 0 - None
ABSTAIN: 0 - None ABSENT: Glover
PASSED: January 16 , 1989.
APPROVED: January 16 89. !/
Village President
ATTEST:
Villa Clerk