City Council Minutes 1988 09-08-88 (public hearing) MINUTES OF THE PUBLIC HEARING OF THE CITY COUNCIL OF THE UNITED CITY
OF THE VILLAGE OF YORKVILLE KENDALL COUNTY ILLINOIS . HELD AT CITy
HALL ON SEPTEMBER 8 , 1988 .
RE : TRUTH & TAXATION - 1988-89 TAX LEVY
Mayor Davidson called the Public Hearing to Order at 7 : 06 p.m. , and
turned the public hearing over to Alderman Small , Chairman of the
Finance Committee .
Alderman Small presented the Fiscal Levy & Assessment of Taxes for
1988-89 for the City of Yorkville . He explained that on the front
page , Section 2 the amount of $ 158 , 550 . 00 should be deleted and
$ 1 , 158 , 550 . 00 added as the total of the budget expenditures .
Mayor Davidson thanked the Beacon News for a their well-written article
of facts regarding the tax levy requests .
Tom Hernandez asked about the $400 , 000 contingency fund regarding the
radium removal grant .
Mayor Davidson responded that both of the Yorkville Banks have been
contacted and have agreed to loan the money on a short term basis if
needed to implement the project . Bonds and water rate increases may
be necessary at that point .
Alderman Small moved to adjourn back to the regular meeting of the
City Council at 7 : 14 p .m. , seconded by Alderman Bown.
Lu nne J . Erickson, City Clerk