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O-14-20ORDINANCE 0 -14 -20 AN ORDINANCE CONSENTING TO THE VILLAGE OF VOLO AND THE VILLAGE OF BANNOCKBURN AS ADDITIONAL MEMBERS OF THE SOLID WASTE AGENCY OF LAKE COUNTY, ILLINOIS ( SWALCO) WITH NO LATE FEE WHEREAS, Section 5.3 of the Intergovernmental Agreement establishing SWALCO contains provisions outlining how a Lake County municipal corporation may become an additional member of SWALCO; and WHEREAS, the Village of Volo. Illinois and the Village of Bannockburn, Illinois have requested additional membership in SWALCO pursuant to Section 5.3 of the Intergovernmental Agreement but wish to avoid the payment of a late fee as described by that Section; and WHEREAS, the Board of Directors of SWALCO has determined that the purpose of the inclusion of the late fee in Section 5.3 was to encourage the participation of municipalities to enter into said Intergovernmental Agreement from the beginning and prior to the expenditure or commitment of substantial public indebtedness; and WHEREAS, SWALCO has not yet committed to the expenditure of substantial public indebtedness; and WHEREAS, the inclusion of the Village of Veto and the Village of Bannockburn would not substantially affect the planning and implementation process of SWALCO at this point in time: and WHEREAS, Section 5.3 of the Intergovernmental Agreement provides for the abatement or waiver of said late fee. NOW, THEREFORE, BE IT ORDAINED, BY THE MAYOR AND THE BOARD OF TRUSTEES OF THE VILLAGE OF DEERFIELD, COUNTIES OF LAKE AND COOK, STATE OF ILLINOIS, AS FOLLOWS: Section I. The Village of Deerfield does hereby grant its consent for the Village of Volo, Illinois and the Village of Bannockburn, Illinois to become Additional Members upon the payment of a late fee in the sum of No Dollars ($0.00). Section 2. That the Village of Volo and the Village of Bannockburn shall make their capital contribution to S WALCO in the amount of $5,000, in one payment of $5,000. Section 3. That this Ordinance shall be forwarded to the Secretary of SWALCO, upon its Certification, at 1 131 N. Estes Street, Gurnee, 11 60031. PASSED AND APPROVED THI' 6 th DAY OF October 1, 2014. AYES: Benton, Farkas, Jester, Nadler, Seiden, Struthers NAYES: None ABSENT: None May ATTEST: