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11/26/1940seconded by Trustee Cazel_to adopt the resolution. Upon roll call the following vote was taken. Yeas- Trustee Cazel, Crush, Pottenger and Schneider. Nhys- None. Motion } carried.. The following ordinance providing -for the issuance of Eighteen Thousand Five Hundred Dollars Judgement Funding Bonds 4 of the Village of Deerfield, Lake County, Illinois, and pro - viding for the collection of a direct annual tax for the pay- ment of principal of and interest.on said.bonds, was read and it was moved by Trustee Crush and seconded by Trustee b Pottenger that the same be passed as read. Roll call resulted as follows., Yeas- Trustee Cazel, Crush, Pottenger e,#d Schneider. Nays- None. Motion carried. z 97 It was moved by Trustee Schneider and seconded by Trustee ' Crush that the sum of Ninety two and 88 /100 Dollars (,92.88 be paid out of the-General Fund to take care of certain obliga- tions in connection with the judgements entered against the Village of Deerfield, this amount to be reimbursed to the General Fund at a later date. Roll call resulted as follows. Yeas- Trustee Cazel, Crush, Pottenger and Schneider. Nays- None. Motion carried. ' A contract'witia the Public Service Co. of Northern Illinois for the burning schedule of 5- 100 Candle Power Ornamental and 100 --100 Candle Power Bracket Street Lights from dusk to daylight was read and it was moved by Trustee Cazel and seconded by Trustee Pottenger that the President and the Clerk be authorized to sign this contract. Upon roSl call the following vote was taken. Yeas- Trustee Cazel, Crush, Pottenger and Schneider. Nays- None. Motion carried. A motion was made by Tr- ustee.Pottenger and seconded by Trustee Crush that the resolution authorizing the Deerfield State Bank as the depository of the funds of the Village Collector Florence E. Page Stryker be adopted. Motion unanimously carried. Those voting "Aye" being Trustee Cazel, Crush, Pottenger and Schneider. Those voting "Nay" being None. f Moved, seconded and carried to adjourn. Village Clerk. President of the Board. November 26, 1940. A special meeting of the President and the Board of Trustees of the Village of Deerfield was called.to order by, the President C. M. Willman at 7:30 P. M. for the purpose of adopting a resolution authorizing the delivery of Six Thousand Dollars Judgement Funding Bonds 'to Barcus, Kindred & Company, Chicago, Illinois and the passing of an Ordinance providing for the issuance of Eighteen Thousand Five Hundred Dollars Judgement Funding Bonds of the Village of Deerfield, Lake County, Illinois, and providing for the collection of a ' - direct annual tax for the payment of principal of and interest - on said bonds. Roll .call- Present - Trustee Cazel, . Crush, Pottenger and Schneider. Absent - Trustee Palmer. a .. A resolution with respect to the delivery of Six Thousand " Dollars Judgement Funding'Bonds of the Village of Deerfield, Lake County, Illinois, to Barcue, Kindred & Company of Chicago, s Illinois, was read and a. motion :Wade by Trustee Crash and duly seconded by Trustee Cazel_to adopt the resolution. Upon roll call the following vote was taken. Yeas- Trustee Cazel, Crush, Pottenger and Schneider. Nhys- None. Motion } carried.. The following ordinance providing -for the issuance of Eighteen Thousand Five Hundred Dollars Judgement Funding Bonds 4 of the Village of Deerfield, Lake County, Illinois, and pro - viding for the collection of a direct annual tax for the pay- ment of principal of and interest.on said.bonds, was read and it was moved by Trustee Crush and seconded by Trustee b Pottenger that the same be passed as read. Roll call resulted as follows., Yeas- Trustee Cazel, Crush, Pottenger e,#d Schneider. Nays- None. Motion carried. z �111At4C . vrov+dind for the 'v� ssunnco of ,f( ! L11,hteon Thotiaand -Five hundred Dollars t (olks3t30) Judgment Funding Ronda' of thr Villtge of, Doerfiold, j Lake Couzityr nois:, bnd.,providing fO .thQ- Odlloctinn i 'of a, diroct annual tax for the or—, pay-.�, ent .: principal of, and intorost 'on said, bonds, • 1fi#1 � the governing .body of this municipal Ity, finds that`tharo Oro outstandibg cortuln Judgments 'entarod ag'a2nat this Village in tho .CircAt Court of Lake Countp, • Illinois,, more partic- ularl deacrib ®d a s follows: rs: IdLfiTIS IViQLi',G , t'lt 3 . �Z� 371:1' VrLir: AG3 OF, DM 1 Mb � rd hat said ' judnentaa cntereci an' ?tovenbcr'u, 140, that the total amount .due on . account of `zuch judgment computed' to Doceober, l,, j 100 is a S" r6liows t r i > yid T6 a1' amoutnt I . 1� cunt of Intorest' cotp-4t- due and zinpald Judeht Cvisg w7 013960 $75 *00 .7a J. J. £1' + ?:RD 't7TZ& of al VILLAGE OF DD 'XIZLp Tie. 3« 3f3b and that,'said ,judgn+ nt. eras'- entered on April 7j 1S): 7y 'that ,the total , 'Mount , duo on' account of such, judgnant computed to Docombor ` 1, 1940 In as followat j Total= amount s Amount of 'Interosst conput- due < and unpdid JiYC4r�°aent' p 'l1/40 $202.00_-, $1p Ul e' b7 e11, 448.02 `and' said judgments are the valid and binding oblZEa — � tions of this V.4,11ago; and - j his V13-lase' does not hav sutt3cipnt 'funds 3th° man t' j`� 1 1, .� `! wkz3c to PAY any por .,on of aaid °ud9 =ante rind al ►, , p p for ant ®root; ! _ ..and -gap said said judsen° ti baa` rintoroat a - z ,: the :rate °.ofSive ? , per ceAt pnranz�ua; card ty 1 St is "nocesoisry and jfor _the best 1ptdrepts) of, thin Villa andi;thv tax Ayers- thoraot that: �udgnent r'%undwng, tondo t be issued. for thet, purpose of Pr yln'z and, retSrin'g at loast =rx like mount of ,said Judgwents« 99 LOW 's TPF3 EFQRE , JBe :It Ordained by 'the' Pr, old mot, a on ndiDoard ; ,. of Trust`eos of tY:o `Vxllagt� of. Dacrfi+�Id in,,th4 County of-Lake.and , 3tate`or- Illiznoiai s i '`ects_an 1. It is hetob Y found .erd. daterzined that the' facts recited abovo aro *.true and correct and that this Vi11a,gQ` is i I authorized to issue its Judement Funding; bonds' in . the Amount or Fiehteon' Ti,ousand. .Five iliundred Dollaru 010'600), for .tho p <rp;= .of funding at' least a ltko =ount� of• itv valid and subsisting. letal obligations represontead by the judge cents (irncl -%d1nS costs, and in- terast) doaci ri.bed in they preamble of this crd:nanco. • Section That such boncits to the amount of Fightoon i :ousand Five Hundred Dollara (318#500) be issued for t }te Fisrpose aot forth in Zection' ls,' and for no other purpose. That ' such bonds be numbered 7 to £5 incluisive , bonds nuuberced 7 to D4 inclusive be of ,the denomination . oP 01,0000 each, ' and bond nu�ber 25 bo of , tbo. denomination•,oi 0504,v be dated a -of sod'-bar 1P 1240, and be .due ; and payable in'.nu erloal order as follownt O1,000 on November 1, in eadb. of the years 942, and • 1945,9 Nk 140, 000 on November 1, in, +each of tho . years 1957 and lfl5 ©, �50000 on November 1, 1859, $5,0 500 one November 1 1060. Buid � bonds s 11 bear Intereat at the rate of, four and •. one- quarter C j %� a per aesnt� 4 nor, • ant3et�, frta,� d��o until "paid, psqubla Np ember' 1 1��1, and sami- nrually ther ` ofta rr' + ` ! � r/ an - -the; i'J.rmt dny_a of pia <<M and ,'C Novezber' 1n. eAch year. ; s • , � That the / seal `of thi i Village shrill be af- f'ixad to each of said bonds and said bonds shall be signed; by the j Tr' usi'dent, and ' atta3ted`by the' Clork,:'end teat the interest eccru n;g on :uch bonds to their aturity date be evidancad by cou s there- to attached-- aturin,D,° on tho sovaral da matures and the.-sri.,:d coupon3 to be signed by aa.:d President ,6nd be attestod � , by 4ald C1cr r by "their[r® pective 'facyirile , s: enaturQ�, vhich said, ` orr:ciu «s� by. the eea+ cutit;n of a &id bonds] 'iahtll adopt as and for their o�rn rro�atar si gnst,zraa t p m signatures heir ° ras ectiv,e , fACSi ile appaarin on aaid..caupns, thanu12' bonds and` ccapona bcyable . at tre�'City. 1; at ional Trtxat Company or, C1%icftgo ,Ch1cozoi , I li "nois and that 'such bonds 'and' e:ci.pans' `be Fi:vablai: to barer, s ,� t provided# howevor, that said bonds be tubaect to registration as,to , 100 principal In the n=d' of the holder: or. the books of , tfie Trou user of said Villages such roGisztraticn to be evidence'd' ty notation of sa:d. Trousurer upon `th e, bac�:'of bondi; so 're istereds and no, ond so reC':atered shalj -, bo bubjoct to t >ransfcr`'ozcopt upon �such+boot,s find similarly rotca oh the b eck thereof; unlo.�a' thi.lart rasictra- ti.,r, urrnil hmva bderi to boar+r. RoCi'st rat ion of an�`bord shall`` not y er otiability bf {the, 'coi ons �tbaroto • `' .affect the n g p attocx�r�dy b•�t` svch cou 'yens 'shall contir.Lo "trnnsfoiablo by' d0liv'6ry okoly.'', o .c ort , � That. ruc bonds'- cou�ccs' and, for:» tor: regis- w�,traticn as to ,,ownership bo in .aubstantizIly thi -- n� , orals folZa d , �. � (Fora .of Bond) UNITZ3 STATIC OF JMMICA STITL ©. ILLINOIS, ; ' . C0U11TY, OFr LAY.N ;. THE VILLAGL OF DMIFIELD JUD "G":INT ; FUNDING BOND • r tG ALL U�'d :DY•,Tfii:G.�. Pf'.,:::x� iT�y Tr.�t ;The v:�.1QCa of Doorfloldg i.n,tho "County or Lalte and Ftato, of Xlli.n�is, hereby acknowlodges itself to, due.. and, for valuo :recesvad, ­romiwez to i pay to ,b*nror# ° or* If �M3.' Fond' be TeC'sturpd' .' than to ,the rezia- - ' _ tared owner.146roo +; the DOLLAR -On the DAY, QF' CVO : :its , 1p ._ jl ;togethir w th, "interest ' h r�iiQ�'aQit [fit the' rti�: dffQl1 {i.�ti��•t�iilTl i rii. Gk.�! T t1t�. C , j f ` J�i�i tfb s 'from .,date t:.oraot' until paid Nove= hqr_ !10 194l: and v >♦ .. fi. �i EiLl�..- S1nUally thc�rmaf t�'r! on, th0 L',i.W.f t',{ each year. an' presentation arid, ourrander of- -tile, 2nterest,'coupons hereto attached -aa t rally Loth�princlpal. hisreof and interost hereon tire:. horoby cads � payable,'i,n ,lavful coney of tro Uni.ted_,atuto3 oaf America at the CITY ;� .TIC, `,L; BANK,, 2rD; Td UST CU 4MY OF CHICAGO.. UICAGOP ILLINOIS. For the prompt' payment' or th.:s beads both principal and interest as sfgresaid at._ maturity#, tho '-full., faith, credit and re- sources of ;aSdwVtllago,are hcroby lrrovocably pledged, =� TH15- 010 'D' is is3ucd by said Village - �forn,tho purpose'of ' # a ink binding., and subsist+ng legal oblisations of the'Villate rc�prosantad. by jud' im6nts entarad a c3 gat thist`gilla6es; �n full .'... _co plit�xttn'raithion Act,`Of tha�y.1Gonoral Assembly of the Stato of 2 , do' the !ngor�S rx orb o 1 n A t t o prov:for 11inoiss ntitledi cities and villa &os;" approved Apt 1!3 7,110. :end t�Il ltGts Xtaeridaq- i tort' thoreof,- and'- supplamentury` theretop and is authorized by prosier i 101... procedure and , ord1n nce duly adopted b the Prealdent ..and Board of . . 'i r Y Ti'1yiP�4:� of + d Vi1X&4e fo..that pur; osep and h! h Bald. ordjnenco € hx.z bade approvdd Ond`,.publishad as'' required by lair. OW THI0 1 s'ubj+act to'regiatrat ton, as to: pr inc i pal �,�n the nano; of -tbo ,holder on the books of the. Treasurer of this 411�. . la�;c�, such res�l s tration ' to Sao avtdcnc d .Ley. ,hotatio off - said Trean- urcr an tho beak hereof. and ,ftersGh 'r1trrtAox1 no trabs�lor 1771 I hereof except upon z}icth books-and siml'.Larly► noted horeon shall, be r ° , . valid, unleas the la t roglstration shall have been try bai:rer . her'. -- ration.., of,., hiw ;. bond..shall not af'.faot tho negotiability of the-coupons hereto attached, which coupons shall continua negoti- 1 ttble by ooll ery m4roly, - notwit,%,intanc tng rogistration..hereofa I 'IS is RMA OViTIFI `AND RECITET , that all act:), condilm , gone rind. thi'ngc re wired by in'r -Y to ex or ,to be done' precedent 6 . to and .tn ,the ;issuance of this bind, 'did oxiat; have happenod# ;been.- 1 done and, pertorned. 3.x' r.o ul�r �a 'd due form sand Mine'. aa, requited Sred by 1. law, that "'thiA' I illago'+iS "dul;{ `arganisa�3< and Ox�.x�t Ln corporatian °; under the 1da�t "'+ f "the °;Qua' ;.cf •Illlnois' 'thut ;the 'indebtddna' "of, i ,a this vilni4e p lnolbd!nt 'this.:bo:�d� 6i t'h'+a tirleffi �t �ahAch ;it fors. y a ,part, doss" not' now and - did , not at tho iiza ,`of t4ie inc� r in,g4 or rt%l n indebtedness ` hrareby funded' dxcaed. an yKi,Jj ml tr tjon i6p6sed by larp .. - and trot' prov3:lvz�,�ha 'becn: =ader for ytne ao2 .r,atirari of, e `d reef " annual., tax, upon Il of thb tnaabl property'.'in, "the :Vill agaF surf l._ F d Q e3o a t falls 'due °aX:d also to pay, �cl.ent to pay ttz�s ��I t �r test,' h r n r " "' � ,.. .... - 4'w1d -'d� a' baize the p Vl.nc1p`:i1 -bo s,6 la ii :7.w'►s'ir 4ri.L i.tq» 1` 1 IN T E.�1" LION1 rkBk; y,, sak i .�q!'ikls e, , by`, ita k'r$sident and Y i Board' of Trustees# h4s ce'us%ed ltia co:"porate coal tc% bAnhero to ; atl' .ed, d`'ihSs bendit � a t and atte�tod its s.s . - by its yCl�rk, an the cot�pnns heiotn attached to "be si rsed °by ►aid Preasident and attested, b7. said Ct arks by :tkieair, tscbirAlo !si&rmturess,' i ' ind for by� the 4 exerci:ti :�a kiare of; 'dci'`i�do` tl +�` their rYp r, si ,naturVa 'a 4if6 �. re1.� 1i �it -'�e 45i Ae C/14n+i.1+ e dA i) Lt rV Ali a "'"' � ,_.. peer n a ld cow QnP, &11? -O' f' th*: 11rst Dn�y° of i�eca�la�c��r,;.'1��C� .:on. Pen of The i ttilr lraga ,off' i�earrirald Atter�ts raslcke _f � x , Jerk oT Tho 1iNge of 'Deerf, eld'. 1U2"� (Fors~ of Goupp� l rn" On the .V rast Lay;of, ,`1J TM;'VTLLAGE -OF D11" F7 LL, in 'the Co;:nty. of Lai;o and SLo ta, of Z11tnola, :eril.i pay .to .�= bes: cr Lo11nr at `tha City National Ear.: and Trust `Company of. Ch :Chicago# Illinois,. for interest cud ttl.t day on i.tsa kJt�dg cnt `finding Bond# dated, ez-of tecenber 1,. � 1" :.g4os Iiu =bor f President Attast= , Clork (Form ,.for Regi satrait ion az;, to drnors ip) "' Lute of . �: • ' 'nano of �'Eignature bf tho ; R; _ tl.W011 •, �.Aeglyttrnd Omer ;Yi1 4.T car. rer. , n, , That the -Judi ent, Fvndfrgt Eor:ds hereby auth --� on zed ..t ` bearing'' number 7"'to � w8 inclusive , in the �► � ,jErogate prin'- , ' eipaa�. ano�ant ghteen` Thouaand Five Uunored Lollnrs (10 �604) F be ozecuted , as directed ' in .,thin ordinunce, • and be delivered - to'tho - Treasurer of this Yill "aged , and bo dolivared.'bY such Treasurer ,to, the,purarn'ser thare6f "t'Larcu3- `2:indriad' da, C 9, Y, I ` tp Street, Chi cagoP Yllinois 0 upon. paynent of the purcha34 pried tharefor` herotoforo •agr'oed. upon' the S aano'b©ing tho par' value of said bonds and aaccruod : interteat , to ,date of +delivoryp from t,naa to time ,or all at' ,*o,nd "tic's;. a s `t�halt hc�reaaZtor be dir�ctcd 'by thls govorn_ne body`.. SSntzltanaausly with the Issuance of any of said bonded, ;ateai a,,flike' rlro?int of "salt jucg=onta decribr"d in the preamble her,eo "principaali cocts , and interest) � vha ll be paid and- . zat*zfiad�, Coe E3: That 'in order to rovido'i`or tl�o co22ecticn� of` a diract a nnauu tax `s i f'i`aient to paay_ tho ..Int "rest on said bond& , as it f 6ll3, dbe,, a nd'-1"i3„10 °to Cronte" a. sin nf; ' fund suffIcie fit, to pay and, discharro ktho`,priz�ctpal t�ior�o�'�,c.t _it t=3~tyr..-tbera be and r +-a '"'� -: + -..1- F"'X-- Y,r.:a..Y tee f ,..« it .,.. - o ✓A'" -', 4` , . .: k them : is, lieieby rlovied `up0"n azll of the . taxable i proporty within. avid ♦�.A.:3.,. 1_ "Villago a- ..diraot annual, toz In �o'Ach, cf%tho yogi :��hllo said 16ad3 �, .." ". t_ � i � ;. .�!' 1 " t ' -.� , � � � .. �i i � t � }< F �' �, ,. � k r: r '• , . ^� a or azny � of ti��sm'r�ro �t�uts� �rdi�� and 'a�npald iza = �►ounts sutficient'.'for - �t k t. z.. 103 that ;rresrpcsse, and that. there %o and urscroT +aP.:horab levf ed upon a13.'`{ of, the `tablrs !roprttIII, ' St id V �'.' t r f l aza ,a direct asxnurl to c�ttfti di ent :.tQ pxo tsc+ ,.than several ' . c�•ants isx the " fa1loving'yct ra',.; cc ioctf b1� :in tho. rsrs rt 'rorpact3.ve , Luc eco n . years' yet out : bolov: ., 'For : ttj►�; �•�ar 1�4� �` tai �ut'f"S c Qnt to ' praduca the sum Of $2,115.00 to play intarost mp t0 and .including; ;day .1' 1130 ' For the year:, 1041 a tax , suS'f is the sup; of Z1#176540 to a ietit ta'`prc►�'iic4. ar p pr1 y : a �ipa1 and Into r oat; j t ; For taha` ya ar 1942 a tax Sufficient t4i t of 1.0 tra02 #50 to t d' �iri�±��ii� � A ' principal i�.; 1 11th It r. 03t j For„,`oi�Ch'. of then yem�rsa 2943 'to'll 955. inelusi.v i i I :; pi roduchum , of" $701 :w5 to pay int j i Fors the' jro r l t ii �a* tax ?s�ut'tf ci ent .rte produce +_N Y �, the aU ' ot: 3� 37.54,'t0 pay princzip l' ^end : :.ntara t; FQS t. A y�bt' 2157 a.' UX:'I'siatf icient to produce' the ssu= of 3� SIfl. ttl' to, psy',rinclpl` :`aand ixaterwst ' d. For, tZ4 yq► ` 15g`, tuxi:f ticiont t2�o ,su;�. Qf�, �� 54th � `to � produce' „ l , .0 to .pay .principal grand interest'; G z 7 Far, the" your +135: a tax tuf fIc3ent to produce, the sup ' of 5! elb.E��3 to pluy ' principal and intm`rogst p ct 31 That intorest on ` or pr :nc1r,a3 'of ',said � bonoa 1 3 zaturing; at any time whon, tl c�ro or net �ur�iCi�nt- fuands� on,.hard:` f'roo tb® feragoin tax' le to a� t p �` the same, be ,paid prozDtllr f'ra s >. 1 _ the goncral tunda ` of ' this " Vilitago, 'and such fun shall b'. barred out( of Atha maces herot y .'leis ed Ulien same a'hsll jtsxva bean �. o <collected. jg t o ht, f'oxthith aeon ;the t.in� affect aP,this1 \ , or'dinanbe. a capy hereof + v2y aerti fi ed by the, Clerk.., shall ba .ti 1ec with tba County ' Clod► of La ita. Cistsnty� Zl indi,s which Clerk ' .' �. ;� , : y , ; , ;• ,� � j half in and ','for eraats of 'tila yog a .vrhi.le ;,azry 4f thrs ,bonds are cautsxt nd n , rasc+ertai 1, t�h* : rate , cant . xe�auir+�d to prod sca.: z the aGro ate etas,' heroin l' be csrr..2tavied' f'ar, each or said year„ ra- : . �., 1 ,'f.r a ;S''; v •, A 5 ! a � rpectivoly r and extend the ,sa !!! �►er: f'ar�csil.`cctiisa on the tax ! boobs in ! connoction with other taxes lovied in oach'or sa.ici Lively in "and b7' said Villasa for genarr''l corporate pnrpo +aes of saki. villa , and in each at" m; avid. :yat, a.''such, anmsal :tax :chall b+e• extended �ar;d. co3leoted for rta1c3 Village'. in 7.ikezanzser a.s ftssrew for, ,o*aeral purposes for ®ach of said •o rs~ Upo extended and collected, .axsd sh v cailacted an d "Qiivcred to the'Tramanre Of .t:sis;V,illae the t.aa� :y �� er,eby.lgvt }cci aball Placed.to the` credit a n 1 + � dual aged' `ii - Tudrmc# Fund�ng,,Bond Y 5inkink �A ,!Fznd tcc►unt 0 e �bor � ;. ,7 1044 hick isIheraby irrevocably pUdjed to end ssk:all•`.b t�sod Y . t . only for tho'purpoae of paying principal of and Interest on the bonds haroln author# od. St t__._i'.y, g• .All zonoys made available to pay - ss,id bonds, geration of law or by act *on of,the President and Board of Trustner or otrorwiso, shall bocono a port of the sinking fund for the payzent of bonds, principal and Sntere,st, authorized by this ardin:ance� and shall ba used in the sane unnnor and for the same purposoa as the U7-0:1 heroin levied. t feftQ. , That SmaaG ►atoly after the adoption and Ap- proval of this War nance nano uhall Do pablialib a- on tine in The r i Doorflold Vona, a cacular new paper of general circulation in and ,published in said Village, and be posted in at least Public places in said Village. g, €;n 4,. That all ordinances or parts of ordinancos In conflict herewith be and the Mane aro ; hereby repealed, and this i ordinance chill be In full force and effect forthwith upon its � adoption# approval publication and ost n a + # P p i E# s ro�ured by lair* i i AParovods l President of the Villasc' Attest: a Clerk of the VIM a i Presentedu November 26th„ 1043. P4asods No vembgr.26th 1040. k. -Approvodt November 26 .h 1040. Rocorded; Noyember 26tbL...._.....:_, 1040, Published:_ NovembPr__29th Posted;. Novenber 29th 1960. .Moved, seconded and carried to adjourn. l7 Village Clerk. President of the Board.