1987-08-17 - Resolution 1987-43 - REQUESTING THE COUNTY OF LAKE TO NOT COLLECT THE LOSS IN COLLECTION ON TAXABLE PROPERTY IN THE VILLAGE OF BUFFALO GROVERESOT,UTION NO. 87- 43
A RESOLUTION REQUESTING THE COUNTY OF LAKE TO NOT COLLECT fHE LOSS
IN COLLECTION ON TAXASLE PROPERTY IN THE VILIAGE OF BUFFAIO GROVE
WIIEREAS, the Village of Buffalo Grove has experlenced a hlgh level of
property tax collectlons from its resldentlal and comercial property in Lake
County as verLfled by audit procedures: and
WEEREAS, the County of Lake has made lt a pollcy to extend addltlonal
anouots over and above those levles requested by the Vlllage to offset any
loss ln collectablllty; and
WITEREAS, these additional taxes w111 not be needed by the Vlllage to
perfonn its operatlonal and debt service re spons ib1l1t les to 1ts cltlzens.
NOW, THEREFORE, BE IT RESOLVED BY TIIE PRESIDENT AND BOARD OF TRUSTEES OT
TIIE VILIAGE OF BI]FFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS, thAt;
SECTION l. The County Clerk of Lake County ls hereby directed not to
levy the loss and cost of coLlectlon notes ln addltlon to those levles
requested by the VtUage of Buffalo Grove in 1ts 1987 Tax Levy Ordlnance upon
all taxabLe property wlthln the Lake County boundarles of the Village.
SECTI0N 2. The Vlllage Clerk ls hereby dlrected to send a certlfied
copy of thls Resolution to the County Clerk of Lake County.
eySS: 6 - Marienthal, Glover, Reid, Shields, Kowalski, Shifrin
tr16ygg 3 0 - None
AppROVED: August 17
i1 ge President
ATTEST:
Qr^rlqt, D"a,zz,'Vlllage Clerk Pro Tem
ABSENT: 0 - None
pASSED: August 17 , I987.
,1987,