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R-1049 - 06/23/2009 - BOARD- FINANCE - ResolutionsRESOLUTION 2009 -BD- FIN -R -1049 A RESOLUTION ESTABLISHING A CITIZEN FINANCIAL ADVISORY COMMITTEE WHEREAS, certain economic trends have affected the budget and operations of the Village of Oak Brook, and WHEREAS, the corporate authorities of the Village of Oak Brook find that it is in the Village's best interest that there be formed a Citizen Financial Advisory Committee 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 there is hereby created a Citizen Financial Advisory Committee (Committee) for the purpose of advising and making budget recommendations to the Village staff and the Village Board Said Committee shall consist of five (5) members, which will be Oak Brook residents Section 2 That the Committee shall have and exercise the following powers and duties (a) To discuss and formulate budgetary recommendations which shall be provided to the Village Board on a regular basis (b) To report directly to the Trustee - Liaison for the Finance Department Section 3 That the Committee will serve in an advisory capacity only Section 4 That members of the Committee will serve at the discretion of the current Village President or until the Committee is dissolved APPROVED THIS 23rd day of June, 2009 (5�4&4� J W Craig age President PASSED THIS 23rd day of June, 2009 Ayes Trustees Aktipis, Carson, Moy, Saiyed, Wolin and Zannis Nays None Absent None � F 0 uP�TY ,o ATTES Charlotte K Pruss Village Clerk