R-331 - 07/13/1982 - BOND - Resolutions _., , "'.11.
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RESOLUTION NO. R- 331
N' A RESOLUTION OBJECTING TO AND DISAPPROVING THE
ISSUANCE OF INDUSTRIAL REVENUE BONDS ON BEHA F OF
MCDONALD'S CORPORATION BY THE ILLINOIS INDUSTRIAL DEVELOPMENT
AUTHORITY
WHEREAS, the Village of Oak Brook on June 22, 1982,
received notice from the Illinois Industrial Development Authority
of its intent to issue and sell its Industrial Development
Revenue Bonds in an amount not to exceed one million dollars and
00/100 ($1,000,000.00), with the proceeds of same to be utilized
for the benefit of McDonald's Corporation;
WHEREAS, the Village President and Board of Trustees have
reviewed the preliminary bond resolution and memorandum of agree-
ment between the Illinois Industrial Development Authority and
McDonald's Corporation;
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD
OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES,
ILLINOIS, as follows:
Section 1: That pursuant to paragraph 850.06 of Chapter
48 of thi—ITTIIM Revised Statutes, the Village of Oak Brook does
hereby object to and disapprove of the project relating to the
issuance of one million dollars and 00/100 ($1,000,000.00) in
industrial development revenue bonds by or on behalf of the Illinois
Industrial Development Authority.
Section 2: That a certified copy of this resolution be
submitted to the Illinois Industrial Development Authority.
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Passed -.nd approved this 13th day of Jul
1982 by the President and Board of Trustees of Chi—Village of
Oak Brook, Du Page and Cook Counties, Illinois according to a
roll call ;rote as follows:
Ayes: Trustees Cerne, congrevs, Iarie, Listecki. Philip. Rush and
Watson.
Nays:
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Absent: F
A0A/4 /DP
age .re ,en
• ATTEST:
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