O-57-12264
ORDINANCE NO. 0 - 12 - 57
AN ORDINANCE ACCEPTING THE CONSTRUCTION OF AN INTERCEPTOR
SEWER, AND PROVIDING FOR THE REPAYMENT OF THE CONSTXCTION
COST OF THIS INTERCEPTOR SEWER.
BE IT ORDAINED by the President and Board of Trustees of the
Village of Deerfield, Lake County, Illinois, that:
A sanitary interceptor sewer has been constructed by the Village
of Deerfield, as shown on the attached plat.
The cost of constructing said sanitary sewer was paid by the Chicago
Construction Company through an escrow account from which payouts were made
by the Village.
The Chicago Construction Company shall be repaid for the cost of
constructing this sewer, provided that the amount so to be repaid by the
Village shall not exceed Fifteen Thousand Eight Hundred Fifty-three Dollars
($15,853.00), and shall be paid solely from the proceeds of the sewer tapping
fee est4blished by Ordinance No. 207 and deposited in the Sewer Capital
Improvements Fund. The Village shall pay to the Chicago Construction Company
eighty per cent (80 %) of the tapping fees.collected by the Village. Such
payments to be made not less than quarterly during the year.
Upon acceptance by the Chicago Construction Company, this ordinance
shall constitute a contract between the Village and that company, provided
that Chicago Construction Company shall have no claim upon any funds of the
Village other than the sewer tapping fees above referred to.
PASSED: This 8th day of April, 1957.
ACCEPTED:
Witness:
Chicago Construction Company
By:
Harold D. Friedman
Village Clerk
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