R-372 - 06/22/1984 - DWC - Resolutions R-31 4Lik bw
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A *ZSO1.BTION ADTliORlztfc IRA AORPORATI AIITROBITIES OF
*2 V11/APE OF 1 . TAG COUJTY LLI. I,
imam a of Tw, �i pAC>i ►�SR'`GatensiII AIM
IMAGING SOUSA ANIMAL OF MATT BILL 1732
iitaREAS, the DuPage Water Commission represents twenty-two (22) municipalities
in DuPage County, 702 of the pepelatien, and 882 of those eligible to receive
Lake Michigan water; and
WHEREAS, the 'system proposed by the DuPage Water Commission has the capacity
to provide all ester requirements for all of DuPage County in the year 2020; and
ARAMS, the DuPage lister Commission has executed a forty (40) year
contract for supply of Lake Michigan water from Chicago at the lowest rate
available to may customer; sad
Wi38REAS, the Dine Nater Coamissioa has executed a Water Development
Cost Agreessmt providing for 116,000,000.00 of interim financing to complete
engineering design sad right-of-lay acquisition; and
' A$, competitive bids received at this interim financing on June 13,
1944 produced a net interest coat of 7.172; and
ARSA AS, $mate Bill 1732 in the 83rd General Assembly provides for more
flexible methods of funding the permanent financing of a Lake Michigaa water
{ supply; and
WMANIAS, it is the consommes of the corporate authorities of the Village
of Oak Brook that significant progress has been made by the DuPage Water Commis-
'Joe during the past three (3) years; and
WALRUS, the Nowise Minority Leadership has failed to respond to the con-
cerns of the Drpees Meter Commission to approve Senate Bill 1732.
NOW, TAAREFORE, BE IT RESOLVED BY THE PRZSIONAT AND BOARD OF TRUSTEES OF
THE VILLAGE OF OAK BACON, DO MGR AND COOK COUNTIES, ILLINOIS as follows:
Section 1: That the provisions of the preamble hereinabove set forth are
hereby adopted as though fully set forth herein.
Section 2: That the corporate authorities of the Village of Oak Brook
endorse the efforts of the DuPage Water Commission to bring take Michigan water
to DuPage County.
Section 3: That the corporate authorities of the Village of Oak Brook
urge House Minority Leaden Lee D oriels and other Bepresemtatives from DuPage
County to work for the passage of Senate Bill, 1732.
Section 4: That this Resolution shell be in full force and effect from
and after its passage and approval as provided by law.
PASSED and APPED this 22nd day of June , 1984
by the President and Board of Trustees of the Village of Oak Brook, DuPage and
Cook Counties, Illinois pursuant to a roll call vote as follows:
Ayes: Trusting Boris. Listechi. Philip, lash and Watson
Nays:
•
Absent: Testes Mawr l
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ATTEST:
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