HomeMy Public PortalAboutResolution 1222RESOLUTION NO. 12 2 2
A RESOLUTION AUTHORIZING THE PREPARATION OF THE NECESSARY
DOCUMENTS AND ORDINANCES FOR THE ISSUANCE OF ALTERNATE
REVENUE BONDS OF THE VILLAGE OF PLAINFIELD FOR THE PURPOSE
OF FINANCING CAPITAL IMPROVEMENTS
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF PLAINFIELD, AS FOLLOWS:
1. That the Village Attorney, Staff, and bond counsel are authorized to prepare or cause
to be prepared all necessary documents, ordinances, and resolutions necessary far
the issuance of alternate revenue bonds to provide for the construction of water and
sewer lines in the Village's Southwest Quadrant in an amount not to exceed six million
($6,000,000) dollars.
PASSED THIS „~_ DAY OF February , 1999.
AYES: Darnell, Smolich, Stalzer, O'Connell, Rathbun.
NAYS: o
ABSENT: Dement.
APPROVED THIS ~~2 ._ DAY OF February __, 1999.
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VILLAGE PRESIDENT
ATTEST:
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VILLAGE RK