Resolution 2001-20 Revised May 17, 2001
STATE OF ILLINOIS )
)ss
COUNTY OF KENDALL )
RESOLUTION NO. 2001-,--,)--0
AMENDED RESOLUTION AUTHORIZING ASSIGNMENT OF
INDUSTRIAL REVENUE BOND CAP TO THE
ILLINOIS DEVELOPMENT FINANCE AUTHORITY
ON BEHALF OF THE L&D GROUP
WHEREAS,the Mayor and City Council of the United City of Yorkville have considered
a request from the L&D Group asking the City to assign its Industrial Revenue Bond Cap for
the calendar year 2001 - 2002 to the Illinois Development Finance Authority for the use of L &
D Group in the City of Watseka; and
WHEREAS, the Mayor and City Council of the United City of Yorkville have taken into
consideration the past grants of easements made by L&D Group to the United City of Yorkville
for various City uses; and
WHEREAS, L &D Industries is seeking only the allocation for calendar year 2001 -
2002; and
WHEREAS, the City Council of the United City of Yorkville has previously adopted a
Resolution reserving such cap,which Resolution requiring clarification:
NOW THEREFORE BE IT RESOLVED BY THE UNITED CITY OF YORKVILLE
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that the Mayor is authorized to transfer the Industrial Revenue Bond Cap of said City for the
�.d
Calendar year 2001 -2002 to the Illinois Development Finance Authority for use of the City of
Watseka for the use by the L &D Group for a project located in the City of Watseka. It is further
resolved that nothing binds the City of Yorkville to allocate the Industrial Bond Cap in future
years.
PAUL JAMES MARTY MUNNS
RICHARD STICKA MIKE ANDERSON
VALERIE BURD ROSE SPEARS
LARRY KOT JOSEPH BESCO
APPROVED/b�yme, as Mayor of the United City of Yorkville,Kendall County, Illinois,
this��Day of 1 L , A.D. 2061.
MAYOR
PASSED by the City Council of the United City of Yorkville,Kendall County, Illinois
this Day of _ , A.D. 20WO
Attest- CLE
Prepared by:
Law Offices of Daniel J. Kramer = _
1107A S. Bridge Street -
Yorkville, Illinois 60560
630.553.9500
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