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Resolution 2012-21 Resolution No. 2012- o? A RESOLUTION PROVIDING FOR THE SUBMISSION TO THE ELECTORS OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS,A NON-BINDING REFERENDUM OF WHETHER THE CITY SHOULD BUY THE REC CENTER WHEREAS, the United City of Yorkville, (the "City") is a duly organized and validly existing non home-rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of the State; and, WHEREAS, the City has been renting the Rec Center and, through its Department of Parks and Recreation, has been operating the Rec Center as the location for a majority of its recreational programs; and, WHEREAS, as the tenant of the Rec Center, in addition to the rent, the City has been responsible to pay all real estate taxes due and owing on the facility; and, WHEREAS, the City has been advised that the costs of the operation of the Rec Center could be paid by revenue from such operations if the City entered into a contract to purchase the Rec Center rather than pay rent and taxes; and, WHEREAS, the City has determined that it is in the best interests of its residents to submit to referendum the question of whether the City should purchase the Rec Center and continue to use it as a public recreation facility. NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. The City Council finds that the recitals set forth above are true and correct and includes the recitals in this Resolution. Section 2. The City Council finds and determines that it is in the best interests of the City to provide for a non-binding referendum to allow the voters to voice their opinion on whether the City should purchase the Rec Center to operate as a public recreation facility. Resolution No. 2012-� Page 1 Section 3. The City Clerk is directed to immediately certify and submit the following question to the Kendall County Clerk to be placed on the ballot for the general election to be held on November 6, 2012, in the following form: "Should the United City of Yorkville purchase the Rec Center to Yes operate as a public recreation facility through a 20-year installment purchase contract at a purchase price not to exceed $2.5 million with No interest at a rate not to exceed 6%per year?" Section 4. This Resolution shall be in full force and effect from and after its passage and approval as required by law. Dated this c26 day of Jt l- 52012. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois, this day of J(/j , A.D. 2012. CHRIS FUNKHOUSER GEORGE T. GILSON, JR. CARLO COLOSIMO � DIANE TEELING JACKIE MILSCHEWSKI � MARTY MIJNNS _ ROSE SPEARS LARRY KOT Mayor Attest: City Clerk Resolution No. 2012-c� Page 2