Ordinance 1997-18 COUNTY OF KENDALL ) July 7, 1997
STATE OF ILLINOIS )
ORDINANCE NO. 1997- 1'8
AN ORDINANCE DEDICATING FUNDS OF THE UNITED
CITY OF YORKVILLE FOR REPAYMENT OF S.S.E.S. LOAN
WITH THE STATE OF ILLINOIS
WHEREAS, the Mayor and the City Council of The United City of Yorkville deem it to be
in the best interest of the City in order to rehabilitate and prevent the inflow and infiltration of storm
and ground water into its Sanitary Sewer System; and
WHEREAS, the Mayor and City Council of The United City of Yorkville have passed
enabling resolutions approving the application for a loan from The State of Illinois for purposes of
rehabilitating the City's Sanitary Sewer System and its related appurtenances; and
WHEREAS, the Illinois Environmental Protection Agency, Division of Water Pollution
Control, wishes to ensure the adequacy of repayment funds for the loan to be granted by the State
of Illinois to The United City of Yorkville:
BE IT ORDAINED BY THE CITY COUNCIL OF THE UNITED CITY OF YORKVILLE,
KENDALL COUNTY, ILLINOIS that the City of Yorkville hereby pledges and encumbers A f
receipts as necessary from Municipal Utility Tax Sources for purposes of repayment of debt service
on the S.S.E.S Loan from the State of Illinois until such time as the loan is payed in full. Nothing
herein contained shall prevent The United City of Yorkville from making payments as they come due
on said loan, or prepayments from sources other than this encumbered revenue. In no event shall The
United City of Yorkville through the action of the City Council or any other City Officials pledge or
encumber the receipt of Municipal Utility Tax for any purpose during the life of this loan that is
paramount or imposes any duty contrary to the prior and superior claim of the Illinois Environmental
Protection Agency, or any other subdivision of the State of Illinois which authorizes and extends
funds to the United City of Yorkville for the S.S.E.S Loan repayment.
IN WITNESS WHEREOF This Ordinance has been enacted this &PY of July, 1997.
414 (1�'l L- —
MAYO
ATTEST:
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CITY CLERK
Law Offices of Daniel J. Kramer
1107 A. South Bridge St.
Yorkville, Illinois 60560
630-553-9500