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CCRes_72-11
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CCRes_72-11
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7/14/2009 9:40:52 AM
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7/13/2009 8:30:41 AM
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<br />is for the best interests of the Village that revenue bonds <br />be issued payable solely from the net revenues from the mun- <br />icipal liquor dispensary. <br />2. The Village has no presently outstanding bonds, <br />warrants, certificates or other obligations or evidences of <br />indebtedness or money borrowed for or on account of the mun- <br />icipal liquor dispensary or indebtedness for which any of <br />the net revenues of said dispensary have been appropriated <br />or pledged. <br />3. The Village shall forthwith issue and sell <br />$100,000 Municipal Building Revenue Bonds of 1972 to be dated <br />July 1, 1972, in accordance with the notice of bond sale <br />hereinafter set forth, and each and all of the terms and <br />conditions contained in said notice are hereby adopted as <br />the terms and conditions of said bonds and the sale thereof. <br />~4. The Village Clerk is hereby authorized and <br />directed to give notice of the sale by publication in the <br />local official newspaper and in the Commercial West at <br />least ten days in advance of the date of sale. Such notice <br />shall be in substantially the following form: <br /> <br /> <br />-2- <br />
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