1982-02-22 - Resolution 1982-07 - A RESOLUTION SUPPLEMENTING VILLAGE OF BUFFALO GROVE RESOLUTION #81-11 THAT BEING TTO APPOINT THE FIRM OF ISHAM, LINCOLN, &BEALE AS BOND COUNCEL FOR VBG RESOLUTION #82- 7
A RESOLUTION SUPPLEMENTING VILLAGE OF BUFFALO GROVE RESOLUTION #81-11
THAT RESOLUTION BEING TO APPOINT THE FIRM OF (SHAM, LINCOLN, & BEALE
AS BOND COUNSEL FOR THE VILLAGE OF BUFFALO GROVE
WHEREAS, the Village of Buffalo Grove will be issuing general obligation
bond debt in calendar 1982 to finance both additional advances to the Northwest
Water Commission and provide for the construction of internal system improve-
ments relative to the acquisition of Lake Michigan Water; and
WHEREAS , it will again be necessary to retain a reputable bond counsel
with expertise in municipal security issuance; and
WHEREAS, the Village of Buffalo Grove appointed on March 2, 1981 the
law firm of Isham, Lincoln, & Beale to act as bond counsel for the issuance of
debt financing relative to all aspects of the Lake Michigan Water acquisition
program.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS, that:
1 . The Village again retain Isham, Lincoln, & Beale of Chicago,
Illinois to act as bond counsel to the Village of Buffalo Grove
in continued development and issuance of debt financing relative
to all aspects of the Lake Michigan Water acquisition program.
2. The letter dated February 4, 1982 be adopted as the outline of
services to be performed by (sham, Lincoln, & Beale in these
endeavors .
3. The contents of said letter be considered the basis for this
supplemental resolution to Resolution #81-11 adopted March 2,
1981 updating the legal review applicable to anticipated
calendar 1982 water system financing.
AYES: 5 - Marienthal, Stone, O'Reilly, Hartstein, Gerschefske
NAYES: 0 - None
ABSENT: 1 - Schwartz
PASSED: February 22 , 1982.
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APPROVED: February 22 1982.
- - Village President
ATTEST:
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