1978-11-20 - Resolution 1978-46 - Election Returns for whether bonds in the amount of $1,050,000.00 should be issued for land to be uitized as a public park RESOLUTION NO. 78 - 46
WHEREAS, on Tuesday, November 7, 1978, an election was held in the
Village of Buffalo Grove, Cook and Lake Counties, Illinois, to determine
whether bonds in the amount of $1 ,050,000 should be issued by the Village
of Buffalo Grove, Cook and Lake Counties, Illinois, to pay the cost of
acquiring land at the southeast corner of the intersection of Arlington
Heights Road and Checker Road to be utilized as a public park, said bonds
to bear interest at the rate of not to exceed seven per cent (7%) per
annum, and
WHEREAS, there has been compliance with all applicable statutory
provisions governing said election including, but not by way of limitation,
notices, ballots, affidavits, judges of election, polling places and conduct
of election, and
WHEREAS, the appointed judges were qualified, duly sworn and
conducted the election pursuant to statute, and
WHEREAS, the judges delivered the election returns to the Village
Clerk who kept them in safe keeping until she delivered same to the corporate
authorities on November 20, 1978, at their regular meeting, and
WHEREAS, the corporate authorities, duly canvassed said returns.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS:
Upon a canvass of the returns of the aforesaid election results,
it has been affirmed that the results are as follows:
(a) Votes cast 3 3'.5.--
(b) Votes spoiled and/or defective //z/
(c) Votes for the issuance of bonds o7,2 p /
(d) Votes against issuance of bonds (309 O
It is therefore affirmed and proclaimed that bonds in the amount of
$1 ,050,000 shall not be issued by the Village of Buffalo Grove, Cook and Lake
Counties, Illinois, to pay the cost of acquiring land at the southeast corner
of the intersection of Arlington Heights Road and Checker Road to be utilized
as a public park, said bonds to bear interest at the rate of not to exceed
seven per cent (7%) per annum.
PASSED November 20 , 1978.
APPROVED November 20 , 1978.
(4611-1-11 (1.36-7.16/t)
Village President
ATTEST:
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V-1 lage Clerk
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