1980-07-07 - Resolution 1980-34 - Appointing the Firm of R.V. Norene and Assoc. to act as Financial Consultant on Commercial and Industrial bond applications r
RESOLUTION NO. 80 - a ti
A RESOLUTION APPOINTING THE FIRM OF R. V. NORENE
AND ASSOCIATES TO ACT AS FINANCIAL CONSULTANT ON
COMMERCIAL AND INDUSTRIAL BOND APPLICATIONS
WHEREAS, the Village of Buffalo Grove is desirous of implementing a
viable program of commercial and industrial development within the corporate
limits of the Village; and
WHEREAS , as part of the process, a concise financial review of the
applicant and their application must be made to satisfy the concerns of the
Village and the financial community; and
WHEREAS, several financial consultants were contacted by the Village
regarding their proposed scope of work to be provided the Village on
commercial and industrial revenue bond issues.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS, THAT:
1 . The Village appoint R. V. Norene and Associates of Glenview,
Illinois to act as financial consultant to the Village of
Buffalo Grove regarding all applicants for commercial and
industrial revenue bond financing.
2. That the proposal to the Village on May 27, 1980 be adopted
as the scope of work to be performed by R. V. Norene &
Associates to supplement the commercial and industrial
revenue bond financing program of the Village of Buffalo
Grove.
AYES: 4 - Stone, Hartstein, Kavitt, prsrJ-efske
NAYES: 0 - None
ABSENT: 1 - O'Reilly
1 - Trustee Marienthal was President Pro Tem
PASSED: July 7 , 1980.
APPROVED: July 7 , 1980.
APPROVED:
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V' age Preside Pro Tem
ATTEST:
Vi l lagUC'lerk