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1985-09-09 - Resolution 1985-44 - ESTABLISHING A FUND FOR FORFEITURES RECEIVED FOR VIOLATIONS OF THE IL NARCOTICS PROFIT FORFEITURE ACTRESOLUTION NO. 85- 44 A RESOLIITION ESTABLISIIING A F1JND FOR I'ORFEITURES RECEIVED FOR VIOLATIONS OF TIiE ILLINOIS NARCOTICS PROTIT TORFEITURE ACT WIIEREAS, the State of I11lnols has passed an Act know as the Narcotlcs Proflt Forfelture Act that permlts local law enforcement agencles to retaln a portion of the proceeds from flnes and forfeltures for drug abuse offenses, and WIIEREAS, Il11oo1s P.evlsed Statutes, Chapter 55!, Sectlon f655(cl) defines how such funds obtalned shal1 be received and allocated for the intended uses under the Act, and WHEREAS, the Vl1lage of Buffalo Grove has now deemed it necessary to establlsh such a fund to secure funds selzed as evldence and also to be depository of monles recelved as a result of forfeiture actlons. NOW, IIiEREFORX, BE IT RESOTVED BY THE ?RESIDEM AND BOARD OF TRUSTEES OF TTIE VILLAGE OF BUTFAI,O GROVE, COOK AND I,AKE COT'NTIES, ILLINOIS, thE followlng : SECTION 1. That a fund shall be estabLlshed for the statutory use and iISG.Ei"rrt of narcotlcs forfeltures at the Contlnental Bank of Buffal-o Grove to be used as expendable receipts for the use ln the enforcement of laws regulatlng controLLed substances and cannabls. SECTION 2. That any forfeltures shall be transmltted to and deposited on behalf of the village Treasurer by the Vlllage Dlrector of flnance and General Servlces to be made avallable as expendable recelpts ln the lnvestlgation fund. SECTIOII 3. The adminlstration of the actlvltles g;fr-d"uy general orders that shal1 be issued the Chief of Pol lce. of the fund sha1l be from time to tlne by AyES: 6 - Marlenthal, OrReilly, Glover, Reid, Shields, Kowalski NAyES: 0 - None ABSENT: 0 - None pASSED: September 9 1985. 1985,Ap?ROVED: SepEeuber 9 :\"@ Village President ATTEST : - k*Ahi g-1,.".,- vil1"tU1.rk