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<br /> -.A TT'11~tP-9. Kennepy :\.lnrodueed the t01.l/.1lling roIlo:tut:l.Oll
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<br /> and l'~~ its adoption:
<br /> RESOU.I'!'Ia:i AWAl'lDIlla SAm or $685.000
<br /> SAlttTAl'll' Sll:W1!;.!> ~ B01'ltG.
<br /> SERIES C
<br /> BE IT mtsoLVEn 'by iJ'lf! Council of the Vlllqe of: Al~ HUlII, MilU'la"
<br /> ~, tr..,.t ao-We'!'t:l.8e\'llent fir. bide tor tblil purehue of ~6135,coo Sanitary Se\oIlaz'
<br /> Improv~:;t Tlo\'lds, Series a, hu been d~ ptibl1.be>~ am' 'all bids t'ttceived
<br /> PUr$UI1IDt tbereto bave been ~OO(I erod cone1iklred. and thebi{~ anc1 beat
<br /> of ll'".lcU 'bidG 1s that of John Nuveen 8. Co. ,
<br /> of ;tb:t~go. Illinois , an" AslJ04:1.attee, to i~ra}lMe the bonds at.
<br /> a p..w rer lind aecruOO 1.llwrest plU$ a premiUlll of.' ~~ .05 , tl1e b(ll3i:la
<br /> llll11lut";\t;f; :m the Y<ilILMI IiHit fOJ:>1ih belOll to bear interest at tblil ~ct1ve ratl;1>O
<br /> pel;' Ql,'ll.'lUl(\ oot oppOsite sucb m-!;',xr1ty ye81"li1. i'rem date of:l.l'.l$ue \11:\t11 paid:
<br /> l~urtty Years Interest ~:t_
<br /> 1961 - 1965 3.50%
<br /> 1966 - 1970 4.00%
<br /> 1971 - 1974 4.10%
<br /> 1975 - 1981 4.25%
<br /> . plUG a!~1t:l.on&l :l.t\terest at the rate of' 1. CO if, per annUlll on Gacll bODd f1oof.l
<br /> FAb;llaW 1 . 1961 to December 1 , l'~~' tAbe ~n:l1senteG'
<br /> by SC/1$M'te arul detachOOlr.I "J'>\,' eaul'QtlS. Sa1d bid shal .x: and 1$ herel:1Y ac',
<br /> ~1, llln\'l the Mayor ami V1i1age Clerk are bet'ahy o:uthol:'1Z(l{l forthwith to
<br /> 1!'.n-dQ1'W..l flUch aCMI,tance 011 & cOJ;Y 01' said '~id o.nd, retlU",', tile 8&'* to lilaid.
<br /> h:l..:l.dey' . 1:he good faith cbeekf'urn'l.shed. by the purchc.$ltr' e\\l!l.ll he reta1ned
<br /> pend1i:Z tl:.ol1vEll':! 01' tM bonds .~l(l~nt oJ: tt,," full Jtu."cL;~e l'riee theJ!'l:l-
<br /> of~ lillld tbe- Clerk shall fo1!'thw1tb return the <::.'ulcka at ot,ho~' bidders.
<br /> Tllu mot.iOl1 for. t.hl? a.1Optionof t.M torngein,s l~ution was duly
<br /> fX!<lO<vli.."'d by Trustee Crepeau .' 1I.ll<i Upol~ vote be:l.l'l{1: tfiSccm thereon. the
<br /> f~fL'1e l,lQte<'l int'avor th\:l:l'$Oi" I All
<br /> an:l 1;1", ~QU0li'1ng vote<'\ a.~L:;st the same: None
<br /> 'llbal<;1l..l:{O:. !mid r$901 uUon '.m$ d<'tc,ll1.Nld dUly p8sSI.'l'i llJ'ld ~to";Wd.
<br /> ~- Trustee Crepeau t.h$n intt"Oduced tltlil following l?flGolu.
<br /> tioa 1l\l'<1 lllQV(,'!<l :I. ta adoption:
<br /> . PlSClLllTIOl'l AU'l'.OOBIZING '!'HE tl5SUI\.!\lCE or 110000
<br /> 'ro FINA~2cu:~,nl'lYiRY SEWER IMPi'lO'mtenT NO. 3
<br /> r,.c,n m"""L!SRIrn 'l'!U!: FO"" ANn ~ 01l' 4'-69" ,Vi
<br /> ~'.."':'" -'.r..'. ..... ~ '" .~. . "...~.., ...'~ .. :~.... .. - ',.." ,J''-i''''''''.
<br /> SANI'l'ARY SEW8~1 Th1PRO~ :eoN!>>, SEh'lES C
<br /> PJ; 1'1' '{moLVE.J b;i the Council of the V:I.11agtl of' t,.,,;?en HiDn, It.inflC'
<br /> sotti? 6.::; fiJ~Llaw$:
<br /> 1. '!be V1U!l8<ll has hy reaolut1on adOJ;;tad hy t.his COUllCU 011 Feb~1\'jI'
<br /> 21., :;)<)0, a:."ter :notice Bl"Jd l~in~ $l!l proscribed by lB1I'. O'.0:-:e)~ the CO!'l8t~"l'
<br /> tiOIl 01:' a. looaJ. imp~mcnt I'Ul"IlI'U4nt to and. in QCcordanoo w!,':;h the ~'r<:l1f19!0l~
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