O-22-12ORDINANCE NO. 0-22-12
ORDINANCE AMENDING ORDINANCE NUMBER 0-21-39 ADOPTED
ON OCTOBER4, 2021, OF THE VILLAGE OF DEERFIELD, ILLINOIS
BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE
VILLAGE OF DEERFIELD, ILLINOIS, AS FOLLOWS:
Section 1. Authority and Purpose. This ordinance is adopted pursuant to
Section 6 of Article VII of the Illinois Constitution of 1970 for the purpose amending
Ordinance Number 0-21-39 adopted by the President and Board of Trustees of the
Village of Deerfield, Illinois (the "Village") on October 4, 2021 and entitled: "Ordinance
Authorizing the Issuance of General Obligation Bonds, Series 2021, of the Village of
Deerfield, Illinois" (the "Bond Ordinance")
Section 2. Text of Amendment. The first paragraph of Section 1 of the Bond
Ordinance is amended to read as follows:
"This ordinance is adopted pursuant to Section 6 of Article VII of the
Illinois Constitution of 1970 for the purposes of (A) financing the
refunding of (i) the $6,590,000 outstanding principal amount of the
General Obligation Bonds, Series 2011A, of the Village maturing in
the years 2022 to 2031, both inclusive (the "2011A Bonds"); (ii) the
$8,495,000 outstanding principal amount of the General Obligation
Bonds, Series 2012, of the Village maturing in the years 2022 to
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2031, both inclusive (the "2012 Bonds"); and (iii) the $3,990,000
outstanding principal amount of the General Obligation Bonds,
Series 2013, of the Village maturing or subject to mandatory
redemption in the years 2022 to 2031, both inclusive (the "2013
Bonds" and together with the 2011A Bonds and the 2012 Bonds,
the "Prior Bonds") and (B) for financing a portion of the costs of the
following capital improvement projects (the "Projects"):
1. The Village's street rehabilitation program, at an
estimated cost of $3,500,000.
2. The improvement of the Deerfield Wastewater
Reclamation Facility, at an estimated cost of $800,000.
3. The replacement of water meter heads, at an
estimated cost of $1,800,000.
4. Sanitary and storm sewer lining improvements, at an
estimated cost of $1,000,000.
The foregoing purposes are public purposes and are authorized to
be made or undertaken by the Village of Deerfield, Illinois."
Section 3. Ordinance to Constitute a Contract. The provisions of the Bond
Ordinance, as amended by this ordinance, shall constitute a contract between the
Village and the registered owners of the General Obligation Bonds, Series 2021, of the
Village (the "2021 Bonds"). The Bond Ordinance, as amended by this ordinance, shall
constitute full authority for the issuance and use of proceeds of the 2021 Bonds and to
the extent that the provisions of the Bond Ordinance, as amended by this ordinance,
conflict with the provisions of any other ordinance or resolution of the Village, the
provisions of the Bond Ordinance, as amended, shall control. If any section, paragraph
or provision of this ordinance shall be held to be invalid or unenforceable for any
reason, the invalidity or unenforceability of such section, paragraph or provision shall
not affect any of the remaining provisions of this ordinance.
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Section 4. Publication. The Village Clerk is hereby authorized and directed
to publish this ordinance in pamphlet form and to file copies thereof for public inspection
in her office.
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Section 5. Effective Date. This ordinance shall become effective upon its
passage and approval.
Passed and adopted this 4t" day of April, 2022, by roll call vote as follows:
Ayes: Benton, Jacoby, Metts-Childers, Oppenheim, Seiden
Nays: None
Absent: Berg
Approved: April 4.2022
Mayor
Published in pamphlet form: April 5, 2022
Attest:
Village dlerk
(SEAL)
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SEAL
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CERTIFICATE
I, Kent S. Street, Village Clerk of the Village of Deerfield, Illinois, hereby certify
that the foregoing ordinance entitled: "Amending Ordinance Number 0-21-39 Adopted
on October 4, 2021, of the Village of Deerfield, Illinois," is a true copy of an original
ordinance that was duly passed and adopted by the recorded affirmative votes of a
majority of the members of the President and Board of Trustees of the Village at a
meeting thereof that was duly called and held at 7:30 p.m. on April 4, 2022, at the
Village Hall, 850 Waukegan Road, and at which a quorum was present and acting
throughout, and that said copy has been compared by me with the original ordinance
signed by the Village President on April 4, 2022, and thereafter published in pamphlet
form on April 5, 2022 and recorded in the Ordinance Book of the Village and that it is a
correct transcript thereof and of the whole of said ordinance, and that said ordinance
has not been altered, amended, repealed or revoked, but is in full force and effect.
I further certify that the agenda for said meeting included the ordinance as a
matter to be considered at the meeting and that said agenda was posted at least 48
hours in advance of the holding of the meeting in the manner required by the Open
Meetings Act, 5 Illinois Compiled Statutes 120, and was continuously available for
public review during the 48 hour period preceding the meeting.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of
the Village, this 1 4-th day of Apri ( , 2022.
Village Clerk •,,,,.��G�OF 04,::7,
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