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1980-08-18 - Resolution 1980-40 - Requesting that Cook County not collect the Loss in collection on Taxable PRoperty in the Village of Buffalo Grove ..-- RESOLUTION NO. 80 - 4o A RESOLUTION REQUESTING THE COUNTY OF COOK TO NOT COLLECT THE LOSS IN COLLECTION ON TAXABLE PROPERTY IN THE VILLAGE OF BUFFALO GROVE WHEREAS, The Village of Buffalo Grove has experienced a high level of property tax collections from its residential and commercial property in Cook County as verified by audit procedures; and WHEREAS, The County of Cook has made it a policy to extend additional amounts over and above those levies requested by the Village to offset any loss in collectability; and WHEREAS, These additional taxes will not be needed by the Village to perform its operational responsibilities to its citizens. NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, LAKE AND COOK COUNTIES, ILLINOIS, THAT: SECTION 1 . The County Clerk of Cook County is hereby directed not to levy the loss and cost of collection notes in addition to those levies requested by the Village of Buffalo Grove in its 1980 Tax Levy Ordinance upon all taxable property within the Cook County boundaries of the Village. SECTION 2. The Village Clerk is hereby directed to send a certified copy of this Resolution to the County Clerk of Cook County. AYES: 4 - O 'Reilly, Hartstein, Gerschefske, President Clayton NAYES: 0 - None ABSENT: 3 - Marienthal , Stone, Kavitt Passed this 18th day of August , 1980. --1 .-"P` l(Mm*, -- Village President — -. ATTEST: i.TR. ; , . Villa0 Clerk