Ordinance 1986-04 ORDINANCE NUMBER 1986-
RESOLUTION CREATING A WATER TOWER CONSTRUCTION
FUND ACCOUNT
BE IT ORDAINED BY THE CITY COUNCIL OF TIM UNITED CITY OF THE VILLAGE
OF YORKVILLE, KENDALL COUNTY, ILLINOIS AS FOLLOWS:
SECTION I
INTRODUCTORY STATEMENT
That the City Council deems that in its best interest and required
pursuant to the terms of grant for the construction of a water tower and
related improvements within The United City of the Village of Yorkville
to create a special account which said account shall be designated as the
Water Tower Construction Account upon the following terms and conditions.
SECTION II
WATER TOWER CONSTRUCTION ACCOUNT
A Water Tower Construction Account shall hereby be established pur-
suant to the terms of this Resolution, providing that all moneys received
from any source for the construction of a water tower and related improve-
ments in the United City of the Village of Yorkville shall be placed into
said account and all disbursements made out of the same account.
SECTION III
AUTHORIZED SIGNATORIES
All persons currently authorized by resolution or ordinance to draw
checks on city accounts shall be allowed to draw checks and make deposits
on this account.
PASSED this i day of 1986.
ROBERT E. DAVIDSON, JR. M
.#br
APPROVED this day of &a, C 1986.
CITY,/CLERK
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