1954RESOLUTION
WHEREAS, the Board of Trustees of the Village of Deerfield are responsible
for the general health, safety and welfare of the citizens of the Village
of Deerfield;
AND WHEREAS, the Board of Trustees of the Village of Deerfield are�charged
with providing adequate municipal services consistent with financial ability;
AND WHEREAS, the Trustees of the Village of Deerfield wish to provide its
citizens with adequate municipal services consistent with the Village's
financial ability;
BED AND IT IS HEREBY RESOLVED by the Trustees of the Village of Deerfield
that effective this date, there will be no further extensions of municipal
services to areas outside the corporate limits of the Village of Deerfield;
BE, AND IT IS HEREBY FURTHER RESOLVED, that only those municipal services now
provided to areas outside the corporate limits of the Village of Deerfield
may continue until such time as the Board of Trustees may determine it is
to the best interest of the Village of Deerfield to stop providing such
services to unincorporated areas,
BE, AND IT IS HEREBY FURTHER RESOLVED, that this Resolution of Policy
shall in no way affect present contracts with other municipal corporations.
PASSED, in meeting assembled this 9th day of August, A.D., 1954
AYES: 6 NAYS: 0
NOT VOTING: 0
APPROVED this 9th day of August, A.D., 1954
ATTEST:
Catherine B. PISIce
Village Clerk
1,
(Signed) John D. Schneider
President of the Village
of Deerfield, Lake County,
Illinois
VILLAGE OF DEERFIELD
DEERFIELD, ILLINOIS
RESOLUTION
WHEREAS, the Illinois Commerce Commission did, on January 19,
1954, direct withdrawal of bus service between the Village of
Deerfield and the City of Highland Park by the Highland Coach Lines,
Inc., due to faulty conditions of equipment; and
WHEREAS, the Illinois Commerce Commission by its Citation Order
No. 41500 has ordered the Highland Coach Lines, Inc. to appear for
a hearing at 10:00 A. M., February 11, 1954, to show cause why an
order should not be entered revolking and cancelling its Certificate
of Public Convenience and Necessity; and
WHEREAS, two petitioners, the Glenview Bus Company, Inc, and
the Deerfield- Highland Park Transit, Inc., have appeared before the
Board of Trustees of the Village of Deerfield indicating their proposed
routes, schedules and fares.
NOW, THEREFORE, Be it resolved by the President and Board of
Trustees of the Village of Deerfield, Lake County, Illinois as follows:
(1) That the Board of Trustees of the Village of Deerfield
favors the revocation-of the Certificate of Public Convenience
and Necessity held by Highland Coach Lines, Inc. by the
Illinois Commerce Commission.
(2) That the Board of Trustees of the Village of Deerfield
recommends to the Illinois Commerce Commission that a
Certificate /off Public Convenience and Necessity be issued
to )90.131 lr %�/i) � h�k� 7774,17s, / X_, & said petitioner
having proposed the most desirable service and appears to be
in a favorable position to serve the interests of the citizens
of Deerfield.
PASSED in meeting assembled this 8th day of February, A. D., 1954.
AYES: NAYS:
APPROVED this 8th day of February, A. D., 1954.
ATTESTS Pr sident of the Village mf Deerfield
Lake County, Illinois
Village Clerk
� JC„
RESOLUTION directing the officers of the
Village of Deerfield, Lake County,
Illinois, to execute $160,000 Sewerage
Revenue Bonds, bearing interest at the
rates herein provided for, designating
the paying agent therefor, and confirming
sale of said bonds.
WHEREAS the Village of Deerfield, Lake County, Illinois, has been
authorized to issue $160,000 Sewerage Revenue Bonds, in accordance with
the provisions of an ordinance, entitled "AN ORDINANCE authorizing and
providing for the issue of $160,000 Sewerage Revenue Bonds of the Village
of Deerfield, Lake County, Illinois, for the purpose of defraying part of
the cost of improving and extending the existing sewerage system'of said
Village, prescribing all the details of said bonds, and providing for the
collection, segregation and distribution of the revenue of the sewerage
system of said Village for the purpose of paying the cost of the operation
and maintenance thereof, providing for an adequate depreciation fund there-
for, and paying the principal and interest of said Sewerage Revenue Bonds,"
adopted by the President and Board of Trustees of the Village on the 26th
day of October, 1954; and
WHEREAS bids have been received -for the purchase of said bonds and
John Nuveen & Company and Dean Witter & Company is the highest and-:best
bidder for said bonds, and said purchaser has agreed to accept delivery of said
bonds bearing a lesser rate of interest than three and three - fourths per cent
(33/4%), as provided in and by said ordinance hereinabove referred to, and it
is deemed advisable and in the interests of the Village that said bonds be
issued.at the rate provided for in and by the bid of said purchaser; and
WHEREAS pursuant to the provisions of Section 12 of said ordinance here-
inabove referred to authorizing the issuance of said bonds, the Presidelt
and Board of Trustees has agreed tM adopt a resolution directing the officers
of the Village to execute and deliver said bonds to the purchaser bearing
interest at the rate or rates specified by the bidder, to wi.t: Bonds maturing
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in the years 1956 to 1966, inclusive, at the rate of three percent'(3 /.)'
per annum, and bonds maturing in the years 1967 to 1975, inclusive, at the
rate of two and three - fourths percent (2 3/47o) per annum, and also to
designate the paying agent for said bonds, that has been mutually agreed upon
by and between the Village and the purchaser, and it is also necessary to confirm
sale of said bonds to said purchaser;
NOW, THEREFORE, Be It and It'Is Hereby Resolved by the President and
Board of Trustees of the Village of Deerfield, Lake County, Illinois, as
follows:
Section 1. That the sale of the $160,000 Sewerage Revenue Bonds of
the Village of Deerfield, Lake County, Illinois, to John Nuveen & Company
and Dean Witter & Company, in accordance with the terms of their contract, be
and the same is in all respects ratified and confirmed.
Section 2. That the 6fficials of said Village be and they are hereby
ordered and directed to have said bonds printed for delivery to said purchaser
bearing the rates of interest specified herein, as io.Llows: Bonds maturing
in the years 1956 to 1966, inclusive, at the rate of three percent (3%) per
annum, and bonds maturing in the years 1957 to 1975, inclusive, at the rate
of two and three - fourths percent (2 3/47.) per annum, and upon the execution
of said bonds they shall be deposited with the Treasurer of said Village
and by him delivered to the purchaser upon receipt of the purchase price in
accordance with the terms of the bid of the purchaser heretofore accepted by
this President and Board of Trustees.
Section 3. That said bonds be and they are hereby made payable at
American National Bank and Trust Company, Chicago, and in the execution of
said bonds said officials shall make provision for payment of said bonds at
said bank, as herein provided.
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Section 4. That this resolution shall be in full force and effect
immediately upon its passage.
INTRODUCED: November 8, 1954.
FILED FOR PUBLIC INSPECTION: November 8, 1954.
PASSED: November 1.5, 1954.
VOTE: AYES: Dicus, Engelhard, King, Meyer (4)
NAYS: None (0)
RESOLUTION AUTHORIZING SALE OF
$160,000 SEWERAGE REVENUE BONDS
Be it resolved by the Board of Trustees of the Village of
Deerfield, Lake County, Illinois, that:
The offer of John Nuveen & Company and Dean Witter & Company,
dated November 8, 1954 to purchase the $160,000 Sewerage Revenue Bonds
of the Village authorized by an ordinance passed by the President and
Board of Trustees October 26, 1954, a copy of which is attached hereto
and made a part of this Resolution, is the most advantageous offer received
by the village; and the said offer is hereby accepted by the Village of
Ir
Deerfield.
The President and Clerk are hereby authorized and directed to
execute such bonds and to deliver them to the order of the said John
Nuveen & Company and Dean Witter &. Company upon receipt of the purchase
price stated in such offer.
PASSED this 15th day of November 1954.
INTRODUCED: November 8, 1954.
FILED FOR PUBLIC INSPECTION: November 8, 1954.
A
RESOLUTION directing the officers of the
Village of Deerfield, Lake County,
Illinois, to execute :160,000 Sewerage
Revenue Bonds, bearing interest at the
.rates herein provided for, designating
the paying agent therefor, and confirming
sale of said bonds.
'WHEREA the Village of Deerfield, Lake County, Illinois,
has been authorized to issue $1600000 Sewerage Revenue Bonds, in ac-
cordance with the provisions of an ordinance, entitled "AN ORDINANCE
authorizing and providing for the issue of $160,000 Sewerage Revenue
Bonds of the Village of Deerfield, Lake County, Illinois, for the
purpose of defraying part of the cost of improving and extending the
existing sewerage system of said Village, prescribing all the de-
tails of said bonds, and ,providing for the collection, segregation
and distribution of the revenue of the sewerage systera of said Village
for the purpose of paying the cost of the operation and maintenance
thereof, providing an adequate depreciation fund therefor, and pay-►
'ing the principal and interest of said Sewerage Revenue Bondsa,n
adopted by the President and Board of Trustees of the Village on
.the i�,l day of �� . , 1354; and
WHEREAS bids have been received for the purchase of said
bonds and )v I ,
is the highest and best bidder for said bonds, and said purchaser
has agreed to accept delivery of said bonds bearing a lesser rate
of interest than three and three- fourths per cent (3 3/4 %), as pro-
vided in and by said ordinance hereinabove referred to, and it is
deemed advisable and in the interests of the Village that said bonds
be issued at the rate provided for in and by the bid of said pur-
chaser; and
WHEREAS pursuant to the provisions of Section 12 of said
ordinance hereinabove referred to authorizing the issuance of said
bonds, the President and Board of Trustees has agreed to adopt a
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resolution directing the officers of the Village to execute and
ddliver said bonds to the purchaser bearing interest at the rate
or rates specified by the bidder, to wit:
4 S Z . l56G - - .3 ? .a te ,947 & 7s4—a, - v !�3
and also to designate the paying agent for said bonds, that ha-5 been
mutually agreed upon by and between the Village and the purchaser,
and it is also necessary to confirm sale of said bonds to said pur -,
chaser;
NOW THEREFORE$ Be It and It Is Hereby Resolved by the
President and Board of Trustees of the Village of Deerfield, Lake
County, Illinois, as follows:
Section 1..That the sale of the 01600000 Sewerage Revenue
Bonds of the Village of Deerfield, Lake County, Illinois, to
t
in accordance czth the terns of their contract, be and the same
is in all respects ratified and confirmed,
Section 2. That the officials of said Village be and they
are hereby ordered and directed to have said bonds printed for de. `
livery to said purchaser bearing the rates of interest specified
hereir., as follows: - 1��
AAA1 -4- 3X10 , .e1-7
. and upon the execution of said bonds they shall be deposited with
the Treasurer of said Village and be by him delivered to the purchaser
upon receipt of the purchase price in accordance with the terms of
the bid of the purchaser heretofore accepted by this President and
Board of Trustees.
Secction, ; . That said bonds be and they are hereby made
payable at l�� :nom /;�1- �-,��- d
and in the execution of said bonds said officials shall make provi-
sion for payment of said bonds at said bank, as herein provided.
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Section 1. That this resolution shall be in full force
and effect immediately upon its passage.
INTRODUCED 1954.
FILED FOR PUBLIC INSPECTION � /� /`~ > > "�t�GG���l. ,� � 1954•
PASSED l Sr �, 1954.
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VOTE: AYES: %
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MAYS:
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AHW /H.
11/1/5,
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