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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 US 152344442v1 223788-00031 3/21/2022 10:27 AM 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. -2- US 152344442v1 223788-00031 3/21/2022 10:27 AM 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. -3- US 152344442v1 223788-00031 3/21/2022 10:27 AM 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) �r�•"I%,.-G OF 0�o ",,.,,�� SEAL -4- US 152344442v1 223788-00031 3/21/2022 10:27 AM 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, (SEAL) : -Q,� �pDRq = o �• :d• o: -5- US 152344442v1 223788-00031 3/21/2022 10:27 AM