1988-08-15 - Resolution 1988-44 - REQUESTING THE COUNTY OF COOK TO NOT COLLECT THE LOSS IN COLLECTION ON TAXABLE PROPERTY IN THE VILLAGE OF BUFFALO GROVERESOLUTION NO. 88- 44
A RESoLUTION REQUESTING TIIE CoUNTY OF C00K T0 NOT COLLECT THE LoSS
IN COLLECTION ON TAXABLE PROPERTY IN THE VILLAGE OF BUFFALO GROVE
WHEREAS, the Vlllage of Buffalo crove has experlenced a hlgh level of
property tax collectlons frour lts resldentlal and commerclal properEy ln Cook
County as verlfled by audit procedures: and
I^IHEREAS, the County of Cook has made lt a policy to extend addltlonal
amounts over and above those levies requested by the Vlllage to offset any
loss 1n collectability; and
I"IHEREAS, these addltlonal taxes w111 not be needed by the Vlllage to
perform 1ts operatl.onal and debt servlee respons 1blli tle s to lts cltlzens.
NOI,I, TI{EREFORE, BE IT RESOLVED BY TIIE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS, thAt:
SECTIoN l. The Count y Clerk of Cook County is hereby directed not to
levy the loss and cost of collectlon notes 1n additlon to those levles
requested by the Vtllage of Buffalo Grove in 1ts 1988 Tax Levy 0rdlnance upon
all taxable property rrichln the Cook County boundaries of the Vlllage.
SECTIoN 2. Ihe Village Clerk is hereby dlrecred to send a cerEifted
copy of thls Resolutlon to the County Clerk of Cook County.
AYES:5 Marientha t Glover. Rei d. Shields- Sh ifrin
NAYES: 0 - None
I - MathiasABSENT:
PASSED:Auqust I5 1988 .
1988.APPROVED :Arrsrrs f l5
1t lage Pre s lden t
ATTEST :
7n 8.r"!r.".r,"vi1 e C1e rk