S-215A - 03/02/1971 - BOND - Ordinances R GFrP.,=
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AN ORDINANCE providing for the 3 � -7" 7 i
submission to the voters of the SEE ALSO
Village of Oak Brook, DuPage VC—O _
County, Illinois, the question �� 197 E
H of issuing $2,000,000 Waterworks
System Bonds at a special elec-
tion to be held in and for said
Village on &M10OR the � I
day of
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lWHEREAS, it is deemed advisable and necessary and for
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the best interests of the Village of Oak Brook, DuPage County,
Illinois, in order to promote, protect and safeguard the public
i health of the inhabitants of said Village that the waterworks
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and sewerage system now owned by the Oak Brook Utility Company
be acquired in accordance with the provisions of an agreement
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between said Company and the Village, and that necessary improve
ments and extensions be constructed thereto, in order to provide
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j the necessary utility services in and for said Village; and
i WHEREAS, it has heretofore been estimated by the
President and Board of Trustees that it will cost not less than
$6,000,000 to acquire said waterworks and sewerage system and
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construct the necessary improvements and extensions; and
WHEREAS, funds are not available to enable the Village
to acquire and improve said system, and it will be necessary
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for said Village to borrow money and issue bonds therefor, and
I{ it is proposed to issue revenue bonds in the principal amount of i
$4,000,000, and bonds payable from taxes in the principal amount
of $2,000,000, and before said bonds payable from taxes can be
k issued the question of issuing said bonds must be submitted to
the electors of said Village and approved by a majority of the
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electors voting on said question at an election called for that
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is purpose
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NOW, THEREFORE, Be It Ordained by the President and
Board of Trustees of the Village of Oak Brook, DuPage County,
I" Illinois, as follows:
Section 1. That it is hereby determined to be in the
interest of the public health and safety of said Village of
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Oak Brook, DuPage County, Illinois, that the waterworks and
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sewerage system now owned by the Oak Brook Utility Company be
acquired, as hereinabove described in the preambles of this
ordinance, and for the purpose of paying part of the cost of
acquiring the waterworks facilities of said system, it will be
necessary that the Village borrow money in the amount of
$2,000,000 and in evidence thereof issue the bonds of said Vil-
lage in that amount.
Section 2. That there be borrowed for, by and on
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behalf of said Village the sum of $2,000,000 for the purpose of
paying part of the cost of acquiring the waterworks facilities
of the waterworks and sewerage system now owned by the Oak Brook
Utility Company, and including the water supply system consist-
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ing of three wells, the water storage facilities consisting of
two 250,000 gallon elevated steel storage tanks, and water dis-
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tribution mains ranging in size from 4 inches to 16 inches in
diameter, and that to evidence said loan negotiable bonds of
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said Village be issued and that each of said bonds be designated ';
=s "Waterworks System Bond", and bear interest from date at the
rate of not to exceed seven per cent (7i6) per annum.
Section 3. That the question of issuing said $2,000,000
Waterworks System Bonds of said Village as hereinabove described
in Section 2 hereof be submitted to the legal voters of said
Village at a special election which is hereby called to be held
in and for said Village on , the day of ,
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1971, between the hours of 6:00 o 'clock A.M. and 6:00 o 'clock
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P.M. of said day.
Section 4. That for the purpose of said election the
corporate limits of the Village of Oak Brook shall constitute
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the boundaries of a single election precinct, and the polling
place for said election is hereby established at the Fire
Station, 1220 Oak Brook Road, in said Village .
Section 5. That the Village Clerk of said Village be
and he is hereby ordered and directed to cause notice of said
election to be given by publishing notice thereof once in the
!' Oak Brook Doings, being a newspaper published and of general
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circulation in said Village . The date of such publication of
1` said notice shall be not more than thirty (30) days nor less than
fifteen (15) days prior to the date set for said special electio ,
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and said notice as published shall be in substantially the fol-
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!� lowing form:
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NOTICE OF SPECIAL ELECTION to vote I
uponhe ques on of issuing
E $2,000,000 Waterworks System Bonds
of the Villa gp of Oak Brook,
DuPage County, Illinois.
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!' Public notice is hereby given that a special election
will be held in and for the Village of Oak Brook, DuPage County, j
Illinois, on the day of
1' at which time there will be submitted to the electors of said
j Village the following question:
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Shall bonds in the amount of $2,000,000
be issued by the Village of Oak Brook,
DuPage County, Illinois, for the pur-
pose of paying part of the cost of
acquiring the waterworks facilities of s
the waterworks and sewerage system now
owned by the Oak Brook Utility Company,
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including the water supply system,
water storage facilities and dis-
tribution mains, said bonds to bear
interest at the rate of not to ex-
teed seven per cent (7%) per annum?
!' That for the purpose of said election the corporate
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limits of the Village of Oak Brook shall constitute the boundariep
of a single election precinct, and the polling place for said
J election shall be at the Fire Station, 1220 Oak Brook Road,
in said Village .
The polls at said election will be opened at 6:00
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o 'clock A.M. and will be closed at 6:00 P.M. on the date of the
election. All persons qualified to vote at regular Village elec-!
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Lions are qualified to vote on said question.
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By order of the President and Board of Trustees of the
Village of Oak Brook, DuPage County, Illinois.
Dated this day of --� 1971.
'£ S/Samuel E. Dean
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President, Board of Trustees
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Attest:
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# S/Lorraine E. Fricek _
Village Clerk
t Section 6. That for said special election, the follow-'
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ing named persons be and they are hereby appointed Judges of said;
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!i election, to wit:
JUDGES
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Libbie Marrkyart
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Emily Dvorak
Lucille Bennett
W. K. Skinner
ya He1:en Nemecak
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Section 7. That said election shall be held and con-
ducted and the returns thereof duly canvassed, all in the manner '
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and time as provided by law, and all persons desiring to vote at
such election, upon presenting themselves at the polls, shall
first request of the Judges of the election and sign an affida-
vit which shall contain the following: (a) the name and address
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of the voter, (b) a statement that the voter resides within the
limits of such Village, (c) that he is registered to vote in
general elections from such address, and (d) a statement that
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such person so desiring to vote at said election is a qualified
voter; and that such affidavit shall be in substantially the fol-
lowing form:
E�
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e,
STATE OF ILLINOIS
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COUNTY OF DU PAGE
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AFFIDAVIT
Each of the undersigned does hereby solemnly swear
(or affirm) that he is a citizen of the United States of America,
f above the age of twenty-one (21) years, and has resided in the
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State of Illinois for one (1) year or more, in the County of
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DuPage for ninety (90) days or more, and in the Village of
Oak Brook, DuPage County, Illinois, for thirty (30) days or more,'.
prior to the date of the execution hereof; and does further state;
13 that he presently resides within said Village at the address
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shown below opposite his signature, and that he is registered to
vote in general elections from said residence located in the
Village, that he desires to vote at the special election hereto-
fore called to be held in and for said Village on ,
1971, and that he is a qualified voter of said Village .
E Signature Address
Illinois
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Illinois
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(Herein provide additional lines for names
and addre sse s.
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Subscribed and sworn to before me
by each of the persons whose names
appear above, this day of
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Notary Public or Judge of Election
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Section 8. That the ballot to be used at said elec-
tion for the purpose of submitting the question to the voters
shall be in substantially the following form:
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(Face of Ballot)
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`` OFFICIAL BALLOT p
i' QUESTION TO ISSUE $2,000,000 WATERWORKS SYSTEM BONDS
(INSTRUCTIONS TO VOTERS: Place a cross (x) in the
space opposite the word indicating the way you
desire to vote . ) I
geg d
. Shall bonds in the amount of $2,000,000 j
: be issued by the Village of Oak Brook,
. DuPage County, Illinois, for the purpose YES
`s of paying part of the cost of acquiring
: the waterworks facilities of the water- i
3 : works and sewerage system now owned by
• the Oak Brook Utility Company, including
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I( : the water supply system, water storage
: facilities and distribution mains, said
bonds to bear interest at the rate of . NO
not to exceed seven per cent (7%) per
a annum? :
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E On the back of the ballot shall appear the following:
OFFICIAL BALLOT
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Official ballot to vote on the question of
4 issuing $2,000,000 Waterworks System Bonds
of the Village of Oak Brook, DuPage County,
Illinois, at a special election held in and
for said Village on the day of
1971.
Polling Place: Fire Station
1220 Oak Brook Road
Oak Brook, Illinois
(Facsimile Signature)
Village Clerk,
Village of Oak Brook,
DuPage County, Illinois.
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" Section 9. That the Village Clerk is hereby ordered
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to cause a sample of the ballot to be published once in the
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Oak Brook Doings, being a newspaper published and of general
circulation in said Village, the date of such publication to be
not less than five (5) days prior to the date set for the elec-
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tion, and to procure and prepare all necessary election material ;
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for holding and conducting said election.
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Section 10. That this ordinance shall become effec-
tive immediately upon its passage and approval.
PASSED this day of 1971.
APPROVED thi day of 1971.
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President, Board of Trustees
Attest:
Village Cle k
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