1980-03-17 - Resolution 1980-11 - Supporting the Extension of the State and Local Fiscal Assistance Act of 1972, as amended (The Revenue Sharing Act). RESOLUTION NO. 80 - 11
A RESOLUTION SUPPORTING THE EXTENSION OF THE STATE AND
LOCAL FISCAL ASSISTANCE ACT OF 1972, AS AMENDED (THE
REVENUE SHARING ACT)
WHEREAS, the State and Local Fiscal Assistance Act of 1972, as
amended (The Revenue Sharing Act) is to expire on September 30, 1980
through Entitlement Period 11 ; and
WHEREAS, the major goal of the Act was to redistribute Federal
funds to eligible governments for their use on viable programs and
activities; and
WHEREAS , the failure to extend this program to these governments
raises the possibility of either reduced services and project cut backs
or increased taxes or fees to fund such services or projects .
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS, that:
The Congress of the United States extend and the President
of the United States approve the extension of the State and
Local Fiscal Assistance Act of 1972, as amended.
AYES: 6 - Marienthal , Stone, O'Reilly, Hartstein, Kavitt, Gerschefske
NAYES: 0 - None
ABSENT: 0 - None
PASSED: March 17 , 19$0.
APPROVED: March 17 , 1980.
(57- ‘,Village President Pro Tem
ATTEST:
A 2
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V l age Clerk