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October 09, 2017 Board Meeting Agenda

Village Of Odell October 09, 2017 Board Meeting AGENDA Pledge of Allegiance   Minutes of the September 11, 2017 Regular Board Meeting   Minutes of the September 19, 2017 Special Board Meeting   Treasurer’s Report   Bills   Police Report   Committee Reports Water & Sewer Water Rate Increase Police & Streets, Alleys Craven-McIntosh Drainage Police Contract Finance   Old Business: Sidewalk – City Hall Clearwell Update – Executive Session if needed Collector Position – Executive Session Mediacom Ordinance Miscellaneous Old Business (discussion only)   New Business: Tax Levy Ordinance Adoption of AN ORDINANCE AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION (LIMITED TAX) NOTES, SERIES 2017A, TO FINANCE MUNICIPAL FACILITIES FOR THE VILLAGE OF ODELL, LIVINGSTON COUNTY, ILLINOIS, AND PROVIDING THE DETAILS OF SUCH NOTES, AND RELATED MATTERS. Miscellaneous New Business (discussion only) Public Forum   (Subject to additions for discussion only)                                                                                              Posted 10/06/17  

2017-10-06T13:38:32+00:00 October 6th, 2017|Uncategorized|

Ordinance proposal for Clearwell

  ORDINANCE NO.                      AN ORDINANCE AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION (LIMITED TAX) NOTES, SERIES 2017A, TO FINANCE MUNICIPAL FACILITIES FOR THE VILLAGE OF ODELL, LIVINGSTON COUNTY, ILLINOIS, AND PROVIDING THE DETAILS OF SUCH NOTES, AND RELATED MATTERS     WHEREAS, the President and Board of Trustees (the “Corporate Authorities”) of the Village of Odell, Livingston County, Illinois (the “Municipality”), hereby determines that it is advisable, necessary and in the Municipality’s best interests to provide for the acquisition, construction and installation of rehabilitation to the 75,000 gallon concrete clearwell, which is used in connection with the Municipality’s potable water system, and related facilities, improvements and costs (collectively, the “Project”); and   WHEREAS, the Municipality has the authority under the Illinois Municipal Code (Section 5/1-1- 1 et seq. of Chapter 65 of the Illinois Compiled Statutes (and particularly, but without limitation, provisions for borrowing for up to 10 years from any bank or other financial institution (Section 8-1-3.1)), as supplemented and amended, including by the Registered Bond Act, the Bond Replacement Act, the Bond Authorization Act, the Local Government Debt Reform Act (collectively, the “Act”); and   WHEREAS, pursuant to and in accordance with the Act and this ordinance, the Municipality is authorized to issue its General Obligation (Limited Tax) Notes, Series 2017A, to be issued and/or drawn upon from time to time in the aggregate principal amount of up to $250,000 (including as a single instrument in installment form, the “Notes”) for the purpose of providing funds to finance the Project, which Notes under the Act are only to evidence a borrowing from a bank or other financial institution, and not otherwise; and   WHEREAS, pursuant to an offer to purchase the Notes [...]

2017-10-06T13:22:05+00:00 October 6th, 2017|Uncategorized|

July 10, 2017 Board Meeting Agenda

Village Of Odell July 10, 2017 Board Meeting AGENDA   Minutes of the June 12, 2017 Regular Board Meeting Treasurer’s Report Bills Police Report Old Business: Clearwell – Update – executive session if needed Miscellaneous Old Business discussion only   New Business: IMLRMA Intergovernmental Agreement Fiscal Year 2017– 2018 Appropriation Prevailing Wage Pete Petropoul – Flea Market Request Ball Park Lights – sell extra Tree Grant Miscellaneous New Business discussion only     Public Forum - at Mayor’s discretion   Executive Session to discuss Clearwell Litigation – if needed  

2017-08-01T13:17:48+00:00 August 1st, 2017|Uncategorized|