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HomeMy WebLinkAbout2009-03-23 AgendaAGENDA VILLAGE OF MORTON GROVE MEETING OF THE BOARD OF TRUSTEES TO BE HELD AT THE RICHARD T. FLICKINGER 1VIUNICIPAL CENTER March 23, 2009 Meeting '7:30 p-n 1. Call to Order 2. Pledge of Allegiance 3. Roll Cali 4 5. 6. 7. 8. 9 10. Approval of Minutes - Special Hearing, March 3, 2009 Regular Meeting, March 9, 2009 (will be available 3-20-09) Publle Hearengs Special Reports Resident's Comments (agenda items only) President's Report-Ad»ainistration, Northwest Municipal Confer°ence, Council of Mayors, TIF Committee, Capital Projects, Real Estate Committee a. Proclamation -Sexual Assault Awareness Month -April 2009 b. Appointrnent -Finance Director Clerk's Report -Condominium Association, Advisory Commission on Aging Staff Reports a. Village Administrator 1) Staff Report and Recommendation Referencing Street Maintenance 2) Miscellaneous Reports and Updates b. Corporation Counsel 1 I . Reports by Trustees a. Trustee Brunner -Legal, Family and ~4enior Services Department, Cable and Telecommunications Commission, Environmental Health, Waukegan Road TIF Review, Solid Waste Agency of Noy°thern Cook County (Trustee Kogstad) 11. Reports by Trustees (continued) b. Trustee Kogstad -Community Relations Commission, Comprehensive Plan, Advisory Conarnission on aging (Trustee Minx) c. Trustee Marcus -Police Departr~zenC, Police and Fire Commission, Real Estate Committee, Chamber ofConxmerce (Ti°ustee Thill) d. Trustee Minx -Finance Department, Real Estate Committee, Plan Commission, Perris/Lelaig>Ia TIF Review, Fire Department, RED Center, NIPSTA, Capital Projects, Police and Fire Commission, Economic Development, Northwest Municipal Conference (Trustee Staackmann) t) Ordinance 09-03 (Introduced March 9, 2009) Revoking the Special Use Permit for the Property Located. at 6415 Dempster, 6421-6457 Dempster, azld 8717 Lincoln for Construction of a Planned U~ut Development 2) Ordinance 09-05 (Introduced March 23, 2009) Providing for the Issuance of General Obligation Refunding Bonds, Series 2009, of the Village Authorizing the Execution of an Escrow Agreement in Connection Therewith and Providing far the Levy and Collection of a Direct Annual Tax ;r the Payment cf the Principal of and Interest on Said Bonds 3) Ordinance 09-06 (Introduced MarcDa 23, 2009) Amending Ordinance 08-27 to Allow the Proceeds from the Sale of 5821 Dempster Street to be Removed from a Restricted and Designated Reserve Accomrt and Arnendnig Ordinance 08-43 to Increase 2009 Budget Funding for Village Road Repairs e. Trustee Staackmann -Building Department, Appearance Commission, ESDA, 17/Communications, Dempster Street Corridor Plan ('t'rustee Brunner°) Trustee Thill -Public Works, Capital Projects, Traff c Safety Commission, Natural Resource Commission, Solid Waste Agency of Noy°thern Cook County (Trustee Marcus) 1) Resolution 09-18 (Introduced March 23, 2009) Authorizing the Annual Memorial Day Parade and Closure of Dempster Street 2) Resolution 09-19 (b~troduced March 23, 2009) Authorizing the Amrual July 4 Parade and Closure of Dempster Street 3) Resolution 09-20 (Introduced Marclz 23, 2009) Authorizing Bid Award and Execution of a Contract with County Lnze Nurseries and Landscaping, Inc. for the 2009 Trec Planting Program 4) Resolution 09-21 (Intl°oduced March 23, 2009) Authorizing Bid Award and Execution of Separate Contracts with Arrow Road Construction Company, and Ozinga Chicago RMC, hic. for the 2009 Material Purchasing Program 12. ®ther Business 13. Presentation of Warrants - $786,532.60 14. Resident's Comments 15. Executive Session -Real Estate, Personnel, Labor Negotiations, arld Review and Release of Executive Session Minutes 16. Adjournment - To ensure full accessibllidy and equalparticipationfnr all interested citizens, individuals with disabilities who plan to attend and who require certain accoivanzodations in order to observe and/orparticipate in this nzeetbag, or who have questions regarding the accessioility of these facilities, are requested to contact Susan or Marlene (847/47v"-5220) promptly to allow the f~iltage to snake reasonable accomnaodalions. MINUTES OF THE MARCH 3, 2009, SPECIAL HEARING TO CONSIDER REVOCATION OF A SPECIAL USE PERMIT FOR THE "PRESERVES" RICHARD T. FLICHINGER MUNICIPAL CENTER COUNCIL CHAMBERS 6101 CAPULINA AVENUE MORTON GROVE, ILLINOIS 60053 Pursuant to proper notice in accordance with the Open Meetings Act, the Special Hearing was called to order at 3:42 pm by Plan Commission Chairperson Ron Farkas. Meeting Secretary Susan Lattanzi called the roll. In attendance were: Panel: Plan Commission Chairperson Ron Farkas, President Richard Krier, Corporation Counsel Teresa Hoffman Liston Absent: No one appeared on behalf of the applicant Village Staff: Village Administrator Joseph F. Wade, and Village Planner Bonnie Jacobson, )executive Secretary Susan Lattanzi Also Present: The press, and several members of the pnbfic Chairperson Ron Farkas stated a citation was sent out on February 24, 2009, concerning whether the requirements Section 12-16-4 of the Village of Morton Grove Unified Development Code and/or Ordinance 08-36 [au Ordinance approving a Planned Unit Development (PUD) for the property commonly known as 6415 Dempster, 6421-57 Dempster, and 8717 Lincoln Avenue] had been violated and if so whether the special use permit should be revoked. He stated the three member Panel (President Krier, Corporation Counsel Liston, and himself) were appointed to hear this case. He stated the purpose of the meeting was to determine whether Morton Grove DL, LLC is in violation of its special use permit and if so, whether the special use permit should be revoked. Mr. Farkas stated a majority vote (2 votes) will be required to recommend revocation to the Village Board of Trustees. The Village Board of Trustees will then make a final determination and decision. Mr. Parkas noted neither Mr. Kropp nor anyone from from Morton Grove DL, LLC or New Century Bank was present. Mr. Farkas then called upon Village Planner Bom7ie Jacobson to give testimony. Ms. Jacobson read the notice/citation for the record, a copy of which has been a~tac~ to these minutes. Ms. Jacobson and Mr. Wade were then sworn in by Chairperson Farkas. Ms. Jacobson stated one of the special use conditions the applicant provide proof to the Village Adminish•afor the construction loan has been secured before September 30, 2008, had not occurred. On February I6, 2009, a foreclosure sale took place wherein New Century Bank purchased the property. Therefore, this applicant no longer owns the property aiid is in violation of the PUD Ordinance. The Director of Community and Pconomic Development Bili Neuendorf was present and witnessed that sale. The following questions were asked by the Board to Ms. Jacobson: At the request of Ms. Liston, Ordinance 08-36 was submitted into evidence. Ms. Liston also stated Ms. Jacobson referenced Section 2, Condition 10 of the Ordinance and asked her to read it into the record. The statement is as follows: "In the everzt.fcnancing has not been secured (i. e., the applicant's construction loan has raot closed) by September 30, 2008, and construction has root commenced by January 1, 2009, this special use permit is subject to further review, modification and/or revocation. She also read Condition 8 which read: No building permit shall be issued.fa~ any building unless and until the applicant hers provided satisfactory pr°oof to the Village Administrator or his designee the applicma~t has closed on the construction loan and has sufficient funds to complete the PUD. " That proof was never provided stated Ms. Jacobson. Ms. Jacobson stated she is the Village's PIanner and works out of the Bui]ding Department, thereby she has knowledge that permits were approved but never issued following the adoption of Ordinance 08-36. Mayor Krier asked if the notice of violations were sent to the applicant? Ms. Jacobson stated she would defer to the Serving Agent, who is the Executive Secretary Snsan Lattanzi. Ms. Lattanzi stated the notices were sent to Mr. Kropp of MU DL, LLC and Mr Romano and Mr Johnson of New Century Bank via certified and regular mail on February 24, 2009. Only one certified mail receipt was returned and. that was from Mr. Kropp. Mr. Wade was then called to the stand. Mr. Farkas asked whether the financing was secured and did the Village receive notification of the change of ownership? Mr. Wade stated to his knowledge financing was Haver secured by Mcr*~n Crove DL, LLC. Ife was advised by lv'rr. Neuendorf that a sheriff s sale was held and the property was purchased by New Century Bank. Ms. Liston then asked whether Mr. Wade had any recent conversations with Mr. Kropp? Mr. Wade answered, no. She then asked if he had any knowledge of any agents of the Village speaking to Mr. Kropp about his financing? Mr. Wade answered, no. Mr. Farkas then asked Ms. Jacobson if there were any other violations? Ms. Jacobson stated since the construction did not move forward there were a number of conditions that had not met, they are as follows: • Floor plans be modified per Fire Department concerns -those changes were never made; • The PUD would be constructed according to the elevations; • A final landscape plan including a more detailed presentation of the fountain was supposed to be sent to the Appearance Commission and was never submitted; • The master construction schedule dated August 6, 2008, was never followed; • Prior to the issuance of each building permit, the applicant was required to place funds into various escrow accounts and none of those dollars were ever placed in those accounts; ® A security was to be placed for public improvements, which was never done. Ms. Jacobson spoke with a representative from the Public Works Department this morning and nothing was ever completed. Ms. Liston then asked Ms. Jacobson to provide a history of the development. Ms. Jacobson stated the PUD was originally approved on October 24, 2005, with Ordinance OS-48. Ordinance 06-31 (passed o?z September 11, 2006), was the amendment to the origh7al special use. Ordinance 08-03 (passed on January 14, 2008), approved additional amendments to the special use to allow for ail extension of time to commence and proceed with the construction of the PUD. This ordinance which included a condition that provided in the event the applicant's fnancing was not approved by Apri130, 2008, the special use permit would be subject to further review, modification and/ar revocation. Ordinance 08- 18 (passed on June 9, 2008), in fact revoked. the special use permit because the applicant did not secure the financing needed .for the project by the set date of April 30, 2009. Ms. Liston then asked if there was an ordinance within the Village that requires building permits and the start of construction by a certain time after receipt? Ms. Jacobson stated, yes. Ms. Liston asked for an explanation. Ms. Jacobson stated PUDs or other special uses must commence within one year of when the special use permit was issued. In this case the special use was originally issued in 2005 the last amendment made in 2008. Mr. Farkas stated MG DL, LLC came to the Village in July 2008 and said they had received their financing, when in fact they had only been told they would receive the financing which turned out to be incorrect. Mr. Farkas then made one final call to see if anyone was at the meeting representing MG DL, LLC. There was no one present. There was also no one present from New Century Bank. Ms. Liston moved to adjourn into Executive Session at 4:02 pm. Mayor Krier seconded the motion. A roll call vote was taken. Chairman Farkas Ave Mayor Krier Aire Corporation Counsel Liston Motion Passed: 3 Ayes 0 Nays 0 Absent T ha Spee.al ^.:eet:.^g :'Pconvenea at ~: ~~ ~ pii.. Ms. Liston made a mofion that this Panel find the application violated one or more of the terms of the special use permit granted to Morton Grove DL, LLC pursuant fo Ordinance 08-36. Mayor Krier seconded the motion. Ms. Liston had a few comments. It is her opinion the Village proved by the preponderance of the evidence there has been at least one violation of the special use permit grantx;d to Morton Cnove DL, LLC. hi the notice of violation, the Village spelled out three specific violations financing has not been secured, the building permit had not been secured by.Imauary 1, 2009, and that ownership had passed). She stated, Ms. Jacobson has also enumerated other violations. The applicant did not appear and the Village's testimony was credible. No permits were issued and it was her belief every violation did occur. She also believes a sheriffls sale took place and the transfer of title was inevitable but noted there has been no testimony that a change of ownership had taken place. She believes there are ample violations and the Panel is well within its purview to come to a conclusion and make a decision. Mr. Farkas agreed with everything that was said by Ms. Liston and the fact the applicant did. not appear today is also being taken into consideration. Mayor Krier agreed and felt the record provides there has been more than one violation. A roll call vote was taken. Chairman Farkas Ave Mayor Krier Ave Corporation Counsel Liston ~e Motion Passed: 3 Ayes 0 Nays 0 Absent Corporation Counsel Liston then made another motion wherein it be recommended to the Village Soard of Trustees that Morton Grove DL, LLC's special use permit be revoked. The motion was seconded by Mayor Krier. A discussion ensued. Mayor Krier felt the Village had done everything possible to move this project along. However, now it is at the end. Mr. Farkas stated this decision is not being taken Lightly. However he feels revocation is justified since there has been harm to the Village. Ms. Liston also concurred and. added, when a special use is issued, the surrounding area and residents are considered. It is her opinion this revocation is necessary to prevent further injtuy to the surrounding properties and Morton Grove residents. Since 2006 this property has been in an unfinished state and has been injurious to adjacent properties under construction. A roll call vote was taken. Chairman Farkas ~ Mayor Krier Ave Corporation Counsel Liston A~ Motion Passed: 3 Ayes 0 Nays 0 Absent There being no further business to come before the Board, Mr. Farkas asked for a motion to adjourn. Ms. Liston made the motion to adjourn. Mayor Krier seconded the motion and was unanimously approved pursuant to a voice vote at 4:16 pm. Minutes by: Susan Lattanzi Special meeting mi~~utes.03-03-U9 ATTIOCH1VIEl~T VILLAGE OF MORTON GROVE, ILLINOIS NOTICE OF VIOLATIONS OF SPECIAL USE PROVISIONS AND NOTICE OF HEARING TO: COURTESY COPY: SPECIAL USE LOCATION: DATE OFHEARING MG DL, LLC c/o Steve Kropp, Managing Pardier 6300 Lincoln Avenue Morton Grove, Illinois 60053 New Century Bank Attn: Tom Romano 7173 North Lincoht Avenue Lincolnwood, IL 60712 Attn: Lany.lohnson 363 W. Ontario Chicago, IL 60610 The Preserves 6415 Dempster, 6421-57 Dempster, and 87]7 Lincoln Avenue Morton Grove, Illinois 60053 March 3, 2009 YOU ARE HEREBY NOTIFIED that you are alleged to be in violatiot of certain conditions of the Special Use Permit which was granted to you pursuant to Ordinance 08-36, to wit: 1. Section 10 of Ordinance 08-36 which provides: In the event financing has not been secured (i. e., the applicant's construction loan has not closed) by September 3Q 2008, m~~d conshruction has not commenced by January I, 2009, this special use permit is subject to further review, modification and/or revocation; and 2. Section ]2-6-3-B-3 of Unified Development Code of the Village of Morton Grove which provides: The ownership of the planned mail development shall not chmnge without the express approval of the village board of trustees until the planned unit development is fully developed, YOU ARE FURTHER NOTIFIED THAT pursuant to Section 2-16-4 of the Unified Development Code of the Village of Morton Grove a three person board consisting of the Village President, Corporation Comtsei, and Chairperson of the Plan Commission/Zoning Board of Appeals will convene a public hearing on March 3, 2009, at 3:30 pm, at the Council Chambers of the Village of Morton Grove, 6101 Capulina Avenue, Morton Grove, Illinois to determine whether you are in violation of these or any other violation of the special use permit granted to pursuant to Ordinance 08-36 to approve a Platmed Unit Development for that property commonly known as 6415 Dempster, 6427 -57 Dempster acid 8717 Lincoln Avenue, (the Preserves of Morton Grove) and if so, whether said special use permit should be revoked. Please take notice at said hewing you shall be given an opportunity to appear and defend yourself against such charges and you may also be represented by an attorney, and you may produce witnesses and evidence on your behalf. DATED at Morton Grove, Illinois, this 24`~ day of February 2009. Cer•lifeate of Service: Susan Lattanzi, Executive Secretary for the Village of Mo~•ton Grove, the undersigned does hereby certify the foregoing citation and notice of hearing was served upon the licensee on February 24, 2009, by certified mail and regular mail to the licensee. Signature of Serving Agent: ec: Richard Krier, Village President Teresa Hoffinarz Liston, Corporation Counsel Ron Farkas, Pla~i Commission/7.oning Qoard of Appeals Chairperson Joseph F. Wade, Village Administrator Ed Hildebrandt, Building Commissioner ~eganreal estateAMG U~, rtC revocation Oz-a4-09 MARCH 9, 2009 MINUTES WILL BE AVAILABLE ON MARCH 20, 2009 1NJCERE~S, SexuaC~ssauCt 2hvare~iess ~torlt~ is i~ntencfedto d~aw atte~tition to tie fact that sexuacviocence re~n.ai~ns aati intocerab(z viocent crime tivit( pubcic (eaCtci impcications for every person. u2lccinois; and 1N3CE'R'E.~S, rape sexuaCassauCt, andvioCence irnpa.cts ~NOmen, cfiiCdren aaufine~i of aCCraciaC, cucturaC, andeconcnnic backgrounds, many of w(om can and do experience acquaintance rape, stranger rap, sexua.Cczssau.Ct 6y an intimate partner, gang rape, incest, stacking, seriacrape, date rape, rituacabuse, sexuaC(arassment, chicdsexuacmocestation, prostitution a~~uChuman trafficking; anal W3-[TRE 1S, according to a. study conducted 6y tfie NationaC'1~ictim Ce~iter, i.3 tivomen age IS andocder in. tcie 'UnitedStates are forcibcy rapedeac( minute; 78 per (our; 1,871 per day, or 68„000 per year; and 1N.7CEREAS, one in four femaCe coCCege stucfzn.ts reported tFtey (lave been the victims of atteinptedor colnpCetedrapes; So% of tciose v~ere victinaizedby boyfriends, friends or acquaintances; aia d W.91'ERE'r`~S, an estimatedgi% of rape andsexu.aCassauCt victiTns v~ere femaCe, andnearCy gg°° of the offenders in singce victim offenses tivere mace; anal 1N:IfEREAS, ~Ne mu_rt wm~k togetctier to educate the entire popucation about what ca.12 6e done to prevent sexuaCassauct, support survivors anal their sign~:cant ot(iers, andensure survivors are notvictimiaedagaii~; and 1N3CERE.IS, M~it(ti Leadership, dedication arufencouragement t(ere is cmmpeCCing evidence we caia 6e successfucin reducing crimes against citizens Living in. ICCinois, through inereasedawai~eness andbncdingperpetrators tivho commit acts of viocence responsibce for t(~eir actions; and 1N3CERE.~.S, tfie ViCCage of .Morton Grove st~ro~ngCy supports t(e dedicatedefforts of tie Northwest Center Against SexuaC.r'~ssauct andrape crisis centers tbroug(out the state to encourage every citizen. to a.ctivecy engage inpubcic madprivate efforts to endsexuacviocence, inccud%1Ig conversations about wFiat sexuaCviocenee is, how to prevent it, fiativ to hey survivors connect tivttg cruciacservices, andfo~n~ every segment of our society can work toget~e~r to better add~ess sexuaC vloCence. N01N, 73CERZ,~'ORE, I, 7Zic(tiaa~dJCrier, w(ayor of t(ie 1~iCCa~je of.Nlorto~n Carove do hereby ~rroeCain~. the m.ontli of Apri.Czoog as SEXICAL ASSA1117'AIVARE.~JESS.MO.~V'I'3C aa2cfurge acccitizens of the tiiECa~ge of 7vlorton Grove to cornin~it to tak%ng aet%on against -rape and sexuaCassauct NlN17NESS W3CEREOg; I have G~ereunto set ~a2y Fi.andandcausedto 6e the se~acof the ViCCage of :Morton. Csirove. Richard ?Crier, Viccage President Legislative Su-iTmary Ordinance Q9-03 AN ORDINANCE REVOKING THE SPECIAL USE PERMIT FOR THE PROPERTY LOCATED AT 6415 DEMPSTER STREET, 6421-6457 DEMPSTER STREET, AND 8717 LINCOLN AVENUE, FOR CONSTRUCTION OF A PLANNED UNIT DEVELOPMENT Introducfion: Synopsis Purpose: Background: Programs, Departments or Croups Affected Fiscal Impact: So u rte of Funds: Workload Impact: Administrator Recommendation: First Reading: Special Considerations or Requirements: _,, Respectfully subm Prepared March 9, 2009 This ordinance will formally revoke the special use permit approving a planned unit development for this site. The revocation of this special use permit is necessary to protect the public interest. Morton Grove DL, LLC was granted a special use permit under Ordinance OS-48 for a planned unit development. Later the special use was amended to make minor changes to the site plan under ordinance 06-31. The special use was then revoked under Ordinance 08-18 when financing was not obtained. With reassurances from Morton Grove DL, LLC a special use permit was once zgain granted under Ordinance 08-36. When the conditions of *.his special use permit were not met, notification of the various violations were sent to Morton Grove DL, LLC and a hearing consisting of a three member panel was held on March 3, 2009, rcr determine whether to revoke the special use permit. The panel, after hearing testimony from the Village and having no one present fro:.. Merton Grove DL, LLC, unanimeu€[y determined it to be in the best interest of the Village to recommend the special use permit be revoked. Building Department, Village Engineer, Village Planner N/A N/A The Legal Department will handle the appropriate docmnentation as part of their normal workload: Approval The Village Administrator is asking the Corporate Authorities to waive the second reading ofthis ordinance. None ~- ade, Village ,Administrator Liston, Corporation Counsel ORDINANCE 09-Q3 AN ORI}INANCE REVOKING THE SPECIAL USE PERMIT FOR THE PROPERTY LOCATED AT 6415 DENiPSTER STREET, 6421-6457 DEIi~IPSTER STREET, AND 8717 LINCOLNAVENUE FOR THE CONSTRUCTION OF A PLANNED UNIT DEVELOPMENT WHEREAS, the Village of Morton Grove, located in Cook County, Illinois, is a Home Rule unit of government acid under the provisions of P,rticle 7 of the 1970 Constitution of the State of Illinois, and as such can exercise any power and perform any function pertaining to its government affairs, including but not limited to, the power to tax and incur debt; and WHEREAS, Morton Grove DL, LLC, 6300 Lincoln Rvenue, Morton Grove, Illinois 60053, was granted a special use permit under Ordinance 08-36 for a planned unit development of two mixed unit buildings consisting of 13,115 square feet of retail space, 54 condominiwns, azid 21 tcwnhcmes; and WHEREAS, Morton Grove DL, LLC was previously granted a special use for this planned unit development pursuant to Ordinance OS-48; and WI-IEREAS, pursuant to Ordinance 06-31, approved on September 1 I, 2006, the Special Use Permit was amended in order to make minor changes to the site plan; and WHEREAS, pursuant to Ordinance 08-18, the special use permit was revoked on June 9, 2008, due to lack of financing; and WHEREAS, the special nse was reinstated on August 25, 2008; under ordinance 08-36; and WHEREAS, as a condition of the special use, Morton Grove DL, LLC was required to follow all of the conditions set forth in the special use aid in the Village of Morton Grove U~~ified Development Code with respect to this project; and WI-IEREAS, on February 24, 2009, the Village sent a notice to Morton Grove DL, LLC alleging certain violations of the special use permit azld of the Village of Morton Grove Unlfred Developn~~ent Code, those violations included: Section I O of Ordinance 08-36 which provides in the event financing has not been secured by September 30, 2008, and consh~uction has not commenced by January 1, 2009, this special use permit is subject to fwlher review, modification andlor revocation; and Section 12-6-3B.3 of the Village of A4ortore Grove Unified Development Code which provides the ownership of the planned unit development shall not change without the express approval of the Village Board of Trustees until the planned unit development is fully developed. WHEREAS, on March 3, 2009, pursuant to proper notice, a tln•ee panel board consisting of the Village President, Corporation Counsel, and the Chairperson of the Plain Commission met and held a hearing to determine whether such violations occurred, and if in the event such violations occurred to determine whether the revocation of the special use was an appropriate remedy. While the applicant was given notice of this hearing, no one appeared. After hearing testimony from appropriate Village staff, the panel unanimously fomnd at least one violation of the conditions of the special use permit and of the Village of Mar[on Grave Unified Development Code had and continues to exist, and unanimously recommended the special use permit be revoked; WFIEREAS, the Corporate Authorities concur with the findings of the ±hree member panel; and after a hearing which took place on March 9, 2009, find that allowing the special use permit granted to Morton Grove DL, LLC to continue is not in the best interest of the Village and does not protect the public's health, safety, and welfare, and may cause substantial injury to the value of other properties in the neighborhood in which the development is located, and that revocation of the special use permit is necessary to protect said public interests. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MORTON GROVE, COOK COUNTY, ILLINOIS, AS FOLLOWS: SECTION 1: The Corporate Authorities do hereby incorporate the foregoing WHEREAS clauses into this Ordinance, as though fully set forth herein, thereby making the findings as hereinabove set forth. SECTION 2: The special use permit granted in accordance wit1n Ordinance 08-36 those properties located at 6415 Dempster Sfi-eet, 6421-57 Dempster Street, and 8717 Lincoln Avenue for the development and construction of two mixed unit buildings consisting of 13;115 square feet of retail space, 54 condominiwm units, and 21 towinlnouses, is hereby revoked. PASSBZ) this 23~' day of March 2009 Trustee Brunner Trustee Kogstad Trustee Marcus Trustee Minx Trustee Staackmarm Trustee Thill ' APPROVED by me this 23`~ day of March 2009. Richard Krier, Village President Village of Morton Grove Cook County, Illinois APPROVID and PILED in my office this 24`x' day of March 2009. Carol A. Fritzshall, Village Clerk Village of Morton Grove Cook County, Illinois Legislative Summary Ordinance 09-OS AN ORDINANCE PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGAI'tUN REN'UN~IIVC BONDS, SERIES 2009, OF THE VILLAGE OF MORTON GROVE, COOK COUNTY, ILLINOIS, AUTHORIZING THE EXECUTION OF AN ESCROW AGREEMENT IN CONNECTION THEREWITH AND PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON SAID BONDS Tntrodueed: i March 23, 2009 Synopsis: This ordinance will authorize the Village to issue General Obligation Refunding Bonds in the amount of $8,645,000. Purpose: ~ The issuance of these bonds will allow the Village to restructure the debt incurred pursuant to the General Obligation Bonds Series 1999. Background: Based on the recommendation of staff and the Village's bond consultants, Speer Financial, the Village ran achieve a substantial debt service savings by restructuring this indebtedness. This indebtedness is achieved by the issuance of General Obligation Refunding Bonds. These bonds were sold on March 23, 2009, for an interest rate of .The bonds will become due annually ~ from December I, 2004 tlu•ough December 1, 2014. Interest shall be paid each dune 1 and December 1 commencing June 1, 2009. These bonds shall not be subject to optional redemption prior to maturity. It is anticipated the Village will realize savings of up to as a result of this restructuring. This ordinance will authorize the execution of an escrow agreement from the proceeds of the sale of these bonds; said escrow agreement shall be used to redeem the General Obligation Bonds, Series 1999 and shall also provide for the levy and collection of a direct annual tax for the payment of principal of and interest on said bonds. The Village's bond counsel, Chapman and Cutler, LLP, will issue an opinion these bonds are qualified tax exempt obligations under Section 265 (b) 3 of the Internal Revenue Code of 1986. Programs, lleparts Finance and Legal Departments. or Groups Affected Fisca( Impact: The restructuring of these bonds will result i^ substantial interest savings for the next five years of a total of approximately $ Source of Funds: ' Not applicable Workload Impact: The Village Administrator's office, Finance Department, Corporation Counsel, along with the Village's bond consultant and bond counsel will manage and oversee this work. Admin Recommen: Approval as presented. First Reading: March 23, 2009. Special Considerat As this ordinance must be approved on the same day the bonds are sold, staff leas requested a or Requirements: ; second reading of this ordinance be waived. Respectfully submitted: Village Reviewed by: ~,/;4.(~= (!°a ~c- /`~ Prepared 6y: __ __ Teresa ~ foffin i L} t n,Corporation Counsel Patricia M. Curb~er, Chapman & Cutler, LLP fixTxnCT O~ MMUTES of the regular public meeting of the President and Board of Trustees of the Village of Morton Grove, Cook Comity, Illinois, held at Village Hall, 6101 Capulina Avenue, in said Village, at 7:30 p.m., on the 23rd day of March, 2009. The President called the meeting to order and directed the Village Clerk to call the roll. Upon the roll being called, the President and the following Trustees answered physically present at said location: The following Trustees were allowed by a majority of the Trustees in accordance with and to the extent allowed by rules adopted by the President and Board of Trustees to attend the meeting by video or audio conference: No Trustee was refused permission to attend the meeting by video or audio conference. The following Trustees were absent and did not participate in the meeting in any manner or to any extent whatsoever: The President and Board of Trustees then discussed a proposed refunding for the Village and considered an ordinance providing for the issuance of General Obligation Refunding Bonds, Series 2009, of the Village of Morton Grove, Cook County, Illinois, authorizing the execution of an escrow agreement and providing for the levy and collection of a direct annual tax for the payment of the principal of and interest on said bonds. Thereupon, Trustee presented and the Village Attorney explained in full the following ordinance, which was before the President and Board of Trustees and made available to any person requesting one in words and figures as follows: General obligation bonds 2009 2167120 • PMC • 3/19/09 AN ORDINANCE providing for the issuance of General Obligation Refunding Bonds, Series 2009, of the Village of MOrCOn Grove, Cook County, Illinois, authorizing the execution of an escrow agreement in connection therewith and providing for the levy aa~d collet ion of a direct annual tax for the payment of the principal of and interest on said bonds. (the "Bond Or•c~inrznce "). Trustee moved and Trustee seconded the motion that the Bond Ordinance as presented be adopted. After discussion thereof, including a public recital of the nature of the matter being considered and such other information as would inform the public of the business being conducted, the President directed that the roll he called for a vote upon the motion to adapt the Bond Ordinance. Upon the roll being called, the following Trustees voted AYE: and the following Trustees voted NaY: WHEREUPON, the President declared the motion carried and the ordinance adopted., and henceforth did approve and sign the same in open meeting, and directed the Village Clerk to record the same in full in the records of the President and Board of Trustees of the Village of Morton Grove, Cook County, Illinois. Other business was duly transacted at said meeting: Upon motion duly made and carried, the meeting adjourned. Village Clerk -2- TABLE OF CONTENTS SECTION HEADING PAGE PREAMBLES ....................................................................................................... ...............................1 SECTION 1. DEFINITIONS .......................................................:........................ ...............................2 SECTION 2. INCORPORATION OF PREAMBLES .................................................. ...............................6 SECTION 3. DETERMINATION TO ISSUE BONDS .............................................. ...............................6 SECTioN 4. BOND DGTAiLS ............................................................................. ...............................6 SECTION S. EXECUTION; AUTHENTICATION .................................................... ...............................8 SECTION 6. MANDATORY AND OPTIONAL REDEMPTION ................................. ...............................5 SECTION ~. BOOK-ENTRY FORM ..................................................................... .............................I4 SECTION S. REGISTRATION; TRANSFER; EXCHANGE; OWNERS ....................... .............................16 SECTION 9. SECURITY ..................................................................................... .............................18 SECTION 10. FORM OF BONDS ........................................................................ .............................18 SECTION 11. TAX LEVY; ABATEMENT ............................................................. ............................24 SECTION 12. FILING WITH COUNTY CLERK ...................................................... ............................26 SECTION 13. SALE OF BONDS .......................................................................... .................... _......26 SECTION 14. CRGATTON OF FUNDS AND APPROPRIATIONS ............................... ............................27 SECTION 18. REIMBURSEMENT ........................................................................ ............................28 SECTION 16. NOT PRIVATE ACTIVITY BONDS .................................................. ............................28 SECTION 17. REGISTERED FORM ..................................................................................................29 SECTION 18. FURTHER T.AX COVENANTS; REBATE; BANK QUALIFICATION ................................29 SECTION 19. OPINION OP COUNSEL EXCEPTION .........................................................................31 SECTION 20. RIGHTS AND DUTIES OF BOND REGISTRAR .............................................................31 SECTION 22. BOND INSURANCE ...................................................................................................32 SECTION 23. CONTINUING DISCLOSURE UNDERTAKING ..............................................................32 SECTION L4. DEFEASANCE .........................................................................................................33 SECTION 25. TAXES PREVIOUSLY LEViED ...................................................................................33 SECTION 26. PUBLICATION OF ORDINANGE .................................................................................34 SECTION 27. SUPERSEDER AND EFFECTIVE DATE ........................................................................35 This Table of Contents is for convenience only and is not a part of the ordinance. -ii- ORDINANCE. NUMBER 09-09 Atv ORDINANCB providing for the issuance of General Obligation Refunding Bonds, Series 2009, of the Village of Morton Crrove, Cook Comity, Illinois, authorizing the execution of an escrow agreement in connection therewith and providing for the levy and collection of a direct annual tax for the payment of the principal of and interest on said bonds. WHEREAS, by pursuant to a referendum held on the 18th day of March, 1980, the Village of Morton Grove, Cook County, Illinois (the "Village "), is a home rule unit pursuant to Section 6 of Article VII of the 1970 Constitution of the State of Illinois, and as such is empowered to perform any function pertaining to its government and affairs, including the power to incur debt: and WHEREAS, pursuant to the provisions of said Section 6, the Village has the power to incur debt payable from ad valorem property tax receipts or from any other lawful source and maturing within 40 years from the time it is incurred without prior referendum approval: and WHEREAS, the Village has heretofore issued and there are now outstanding certain bonds and obligations of the Village, including, specifically, certain General Obligation Bonds, Series 1.999 (the "Prior Bonds"); and WHEREAS, the President and Board of Trustees of the Village (the "Corporate Authorities ") has heretofore and it hereby is determined that it is advisab]e and necessary and in the best interests of the Village that some or all of the Prior Bonds (behlg the "Refunded Bonds ") be refunded (the "Refunding") in order to achieve debt service savings and to restructure the indebtedness evidenced by the Prior Bonds; and WHEReas the specific Refunded Bonds will be determined in an Escrow agreement as hereinafter authorized to be executed by and on behalf of the Village but are presently expected to be those Prior Bonds identified in the report of Speer Financial, Inc., the Village's financial advisor ("Speer "}, heretofore; presented to the Corporate Authorities; and A-1 WHEREAS the estimated cost to the Village of the Refunding is the sum of $_,_,000 plus any estimated available amount of interest earnings on said sum prior to its expenditure; and WHEREAS there are insufficient funds on hand and available to pay the costs of the Refunding, and it will be necessary to borrow $_,_,000 to pay The same, and in evidence of such borrowing to issue general obligation bonds of the Village as herein provided for in the aggregate principal amount of $_,_,000; and WHEREas, the Corporate Authorities have heretofore and it hereby is determined that it is advisable and necessary that such indebtedness be incurred in accordance with the Act as hereinafter defined, thatsaid bonds be issued as one or more series of general obligation bonds in the aggregate amount of $_,_,000, wsthout submitting the Question of incuzxing such indebtedness to the electors of the Village for their approval, all as authorized and provided in flee hereinafter defined Act: Now, THEREFORE, Be It Ordained by the President and Board of Trustees of the Village of Morton Grove, Cook County, Illinois, in the exercise of its home rule powers, as follows: Section 1. Definitions. A. The following words and terms are as defined in the preambles hereto. Corporate Authorities Prior Bonds Refunded Bonds Refunding Speer Village B. The following words and terms are defined as set forth. A-2 "Act" means the Illinois Municipal Code, as supplemented and amended, and particularly as supplemented and amended by the Local Government Debt Reform Act, as amended, and the other Omnibus Bond Acts, as amended, and as further supplemented, and where necessity, superseded, by Section 6 of Article VII of the 1970 Constitution of the State of Illinois. "Authorized Denominations"meins $5,000 or any integral multiple thereof. "Bond" or "Bonds" means one or more, as applicable, of the General Obligation Refunding Bonds, Series 2009, authorized to be issued by this Ordinance. "Bond Counsel" means Chapman and Cutler LLP, Chicago, Illinois. "Bond Fund" meats tl.e 2009 General Obligation Refunding Bonds Bond Fund created in Section 11 of this Ordinance. "Bond Register" means the books of the Village kept by the Bond Registrar to evidence the registration and transfer of the Bonds. "Bond Regish•ar" means The Bank of New York Mellon Trust Company, National Association, Chicago, Illinois, or a successor thereto or a successor designated as bond registrar hereunder. "Book Entrv Fonn"means the form of Bonds in which they are delivered to a depository and held solely by a depository, or its nominee, as record owner, transfers of beneficial ownership for such Bonds being made by book entries in accordance with the procedures of such depository. "Code" means the Internal Revenue Code of 1986, as amended. "County Clerk" means the County Clerk of The County of Cook, Illinois. "DTC" means The Depository Trust Company, New York, New York, or successor depository duly qualified to do business as a securities depository, and assigns. A-3 "Designated Officers" means the President acting with any one of the Village Clerk, the Village Administrator, or the Acting Village Treasurer/Finance Director, or successors or assigns. "Escrow Agent" means The Bank of I~iew York Meiion Trust Company, National Association, Chicago, Illinois, having fiduciary powers, and successors or assigns. "Escrow Agreement" means that certain escrow agreement by alzd between the Village and the Escrow Agent, as hereinafter provided. "2009 Full Faith and Credit Taxes "means the unlimited ad valorem taxes levied by and under this Ordinance on all of the taxable property in the Village, sufficient to pay all principal of and interest on the Bonds when due. `Insurer" means ,the issuer of a [financial guaranty/municipal bond] insurance policy for the Bonds. "Interest Payment Date" means a Stated Maturity of interest on the Bonds. "Outstanding" or "outstanding" refers to Bonds which are outstanding and unpaid; providet~ however, such tenan shall not include Bonds (i) which have matured and for which moneys are on deposit with proper paying agents, or are otherwise properly available, sufficient to pay all principal thereof and interest thereon, or (ii} the provision for payment of which has been made by the Village by the deposit in an irrevocable trust or escrow of funds or direct, full faith and credit obligations of the United States of America, the principal of and interest on which will be sufficient to pay at maturity or as called for redemption all the principal of and interest on such Bonds . "Ordinance" means this Ordinance, nwnbered as set forth on the title page hereof, passed by the Corporate Authorities on the 23rd day of March, 2009. A-4 "Paying. Agent" means The Bank of New York Mellon Trust Company, National Association, Chicago, Illinois, or a successor thereto or a successor designated as paying agent hereunder. `Purchaser" means the initial purchaser of the Bonds from the Village. "Purchase Pr°ice" means the price paid to the Village by the Purchaser for the Bonds, to- wit: $ "Qualified Investments" meads any investments for Village funds as may be fiom time to time authorized under Illinois law. "Record Dace "means the fifteenth day of the month next preceding any regular Interest Payment Da±e or f Steen days prior ±e a~*:y Interes± Payment Date occasioned by a redemption of Bonds on other than a regularly scheduled Interest Payment Date. "Representation Letter" means any letter or agreement to be executed among the Bond Registrar, the Village and DTC and necessary to effectuate a book entry system for the Bonds. "Stated Maturity" when used with respect to any Bond or Refunded Bond or any interest thereon means the date specified in such Bond or Refunded Bond as the fixed date on which the principal of such Bond or Refunded Bond is due and payable, whether by maturity, mandatory redemption or otherwise. "Tax-exempt" means, with respect to the Bonds, the status of interest paid and received thereon as excludable from gross income of the owners thereof under the Code for federal income tax purposes. "Tenn Bonds" means Bonds which are subject to mandatory redemption prior to maturity by operation of the Bond Fm1d, as hereinafter provided. "Village Ti°easurer" means the Treasurer/Finance Director of the Village. A-5 C. For all purposes of this Ordinance, except as otherwise expressly provided herein or unless the context otherwise requires: 1. The terms defined in this Section or elsewhere in this Ordinance have the meanings assigned to them and include the plural as well as the singular (or vice-versa). 2. All accounting terms not otherwise defined herein have the meanings assigned to them, and all computations herein provided for shall be made, in accordance with generally accepted accounting principles for municipal enterprise funds. 3. All references in this Ordinance to designated "Sections" and other subdivisions are to the designated Sections and other subdivisions of this Ordinance as originally adopted. 4. The words "herein," "hereof' and "hereunder" and other words of similar nnpoi•1 refer to this Ordinance as a whole and not to any particular Section or other subdivision. Section 2. bacorporation of Premaables. The Corporate Authorities hereby find that all of the recitals contained in the preambles to this Ordinance are true, correct and complete and do incorporate them into this Ordinance by this reference. Section 3. Determination To Issue Bonds. It is necessary and in the best interests of the Village to provide for the Refunding, to pay all related costs and expenses incidental thereto, and to borrow money and issue the Bonds for such purpose. It is hereby found and determined that such borrowing of money peiKains to the government and affairs of the Village, is necessary for the welfare of the goverunent and affairs of the Village, is for a proper public purpose or purposes acid is iii the public interest, and is authorized pwsuant to the Act; and these findings and determinations shall be deemed conclusive. Section 4. Bond Details. Por the purpose of providing for the payment of the costs of the Refunding, and to pay all related costs and expenses incidental thereto, there shall be issued and sold the Bonds in the aggregate principal amount of $ .The Bonds shall each be designated "General Obligation Refunding Bond, Series 2009" (or such other name or series A-6 designation as the. Designated Officials shall deterinine to he appropriate), and shall be dated April 1, 2009 (being the "Dated Date"), az~d shall be in Authorized Denominations (but no single Bond shall represent principal maturing on more than one date), shall be numbered consecutively in such fashion as shall be determined by the Bond Registrar, and shall bear interest at the rates percent per annum a~ld (subject to provisions for Term Bonds and subject to right of redemption as hereinafter prodrded) shall become due and payable serially on December 1 of the years and in the amounts as follows: The principal of and redemption premium, if any, due on the Bonds shall be payable in lawful money of the Linited States of America upon presentation thereof at the principal office maintained for the purpose by the Paying Agent in Chicago, Illinois, or at the successor Paying Agent arld locality. Each Bond shall bear interest from the later of its Dated Date as herein provided or from the most recent Interest Payment Date to which interest has been paid or duly provided for, until the principal amount of such Bond is paid or duly provided for, such interest (computed upon the basis of a 360-day year of twelve 30-day months) being payable semiannually on .Tune 1 aid December 1 of each year, commencing on June 1, 2009. A11 Bonds shall bear the date of authentication thereof, shall be in fully registered form and shall be in Book Entry Form. Interest on the Bonds shall be paid by check or draft of the Paying Agent, payable upon presentation thereof in lawful money of the United States of America, to the person hi whose name such Bond is registered at the close of business on the A-7 appfieable Record Date, or as otherwise agreed to by the Village and CEDE & Co., as nominee, or successor, for as long as the Bonds are held in Book Entry Form as provided for same. Principal of and redemption price of the Bonds shall be paid upon surrender in lawful money of the United. States of America, at the principal office maintained for the purpose by the Paying Agent in Chicago, Illinois, or at successor paying agent and locality. Section 5. Execution; Authentication. The Bonds shall be executed on behalf of the Village by the manual or duly authorized facsimile signature of ifs President and attested by the manual or duly authorized facsimile signature of its Village Clerk, as they may determine, aizd shall have impressed or imprinted thereon the corporate seal or facsimile thereof of the Village. In case ary sucl: officer whcsa signature shall appear cn any Band shall cease tc be sueh officer before the delivery of such Bond, such signature shall nevertheless be valid and sufficient for all purposes, the same as if such officer had remained in office until delivery. All Bonds shall have thereon a certificate of authentication, substantially in the form hereinafter set forth, duly executed by the Bond Registrar as authenticating agent of the Village and showing the date of authentication. No Bond shall be valid or obligatory for any purpose or be entitled to any security or benefit under this Ordinance unless and until such certificate of authentication shall have been duly executed by the Bond Registrar by manual signature, and such certificate of authentication upon any such Bond shall be conclusive evidence that such Bond has been authenticated and delivered under this Ordinance. The eerti~f cate of authentication on any Bond shall be deemed to have been executed by it if signed by an authorized officer of the Bond Registrar, but it shall not be necessary that the same officer sign the certificate of authentication on alt of the Bonds issued hereunder. Section 6. Mandatory and Optional Redemption. ~. Mandatory Rede~npLion. The Bonds coming due on December l of the years 20__, are Term Bonds and are subject to A-8 mandatory redemption by operation of the Bond Fund at a price of par, without premium, plus accrued interest to The date f xed for redemption, on December 1 of the years and in the amounts as follows: If the Village purchases Tenn Bonds of any maturity, then an amount equal to the principal amount of Term Bonds so purchased shall be deducted from the mandatory redemption requirement as provided for Term Bonds of such maturity, first, in the current year of such requirement, until the requirement for the current year has beer. fully met, and then in any order of payment on the Term Bonds as due at maturity or subject to mandatory redemption in any year as the Village shall at such time determine. If the Village redeems pursuant to optional redemption or purchases Term Bonds of any maturity, then an amount equal to the principal amount of Term Bonds so redeemed or purchased shall be deducted from the amount of Term Bonds as due at Stated Maturity or subject to mandatory redemption requirement in any year as the Village shall determine. The Village shall provide the Bond Registrar with written notice of such reduction, which notice shall be given withal 30 days after such redemption or purchase, and the Bond Registrar shall promptly give written notice of the same to the Bondholders, in the manner hereinafter provided. B. Optional Redemption. The Bonds are not subject to redemption prior to maturity at the option of the Village. C. Redemption Procea'ure. The Bonds subject to redemption shall be identified, notice given, and paid atld redeemed pursuant to the procedures as follows. A-9 1. Redemption Notice. For a mandatory redemption of Term Bonds, the Bond Registrar shall proceed to redeem the Term Bonds without any further order or direction from the Village whatsoever. For an optional redemption, the Village shall, at least 45 days prior to any optional redemption date (unless a shorter time period shall be satisfactory to the Bond Registrar), notify the Bond Registrar of such redemption date and of the principal amount and maturities of Bonds to be redeemed. 2. Selection of Bonds within a Maturity. For purposes of any redemption of less than all of the Bonds of a single maturity, the particular Bonds or portions of Bonds to be redeemed shall be selected by lot by the Bond Registrar fo`r the Bonds of such maturity by such method of lottery as the Bond Registrar shall deem fair and appropria±e; provided, that such lottery shall provide for the selection for redemption of Bonds or partions thereof so that any $5,000 Bond ar $5,000 portion of a Bond shall be as likely to be called for redemption as any other such $5,000 Bond or $5,000 portion. The Bond Registrar shall make such selection (1) upon or prior to the time of the giving of official notice of redemption, or (2) in the event of a refunding or defeasance, upon advice from the Village that certain Bonds have been refunded or defeased and are no longer Outstanding as defined. 3. Off cial Notice of Redemption. The Bond Registrar shall promptly notify the Village in writing of the Bonds or portions of Bonds selected for redemption and, in the case of any Bond selected for partial redemption, the principal amount thereof to be redeemed. Unless waived by the registered owner of Bonds to be redeemed, official notice of any such redemption shall be given by the Bond Regisfrar on behalf of the Village by mailing the redemption notice by first class U.S. mail not less than 30 days and not more than 60 days prior to the date fixed for redemption to each registered owner A-10 of the Bond or Bonds to be redeemed at the address shown on the Bond Register or at such other address as is furnished in writing by such registered owner to the Bond Registrar. All official notices of redemption shall include the name of the Bonds and of least the information as follows: (a) the redemption date; (b) the redemption price; (c) if less than ail of the outstanding Bonds of a particular maturity are to be redeemed, the identification (and, in the case of partial redemption of Bonds within such maturity, the res°pective principal amounts) of the Bonds to be redeemed; (d) a statement that on the redemption date the redemption price will become due and payable upon each such Bond or portion thereof called for redemption and that interest thereon shall cease to accrue from and after said date; and (e) the place where such Bonds are to be surrendered for payment of the redemption price, which place of payment shall be the office designated for that purpose of the Bond Registrar. ~4. Conditional Redemption. Unless moneys sufficient to pay the redemption price of the Bonds to be redeemed shall have been received by the Bond Registrar prior to the giving of such notice of redemption, such notice may, at the option of the Village, state that said redemption shall be conditional upon the receipt of such moneys by the Bond Registrar on or prior to the date fixed for redemption. If such moneys arc not received, such notice shall be of no force and effect, the Village shall not redeem such Bonds, and the Bond Registrar shall give notice, in the same manner in which the notice A-] 1 of redemption was given, that such moneys were not so received and that such Bonds will not be redeemed. 5. Bonds Shall Become Due. Official notice of redemption having been given as described, the Bonds or portions of Bonds so to be redeemed shall, subject to the stated condition u7 paragraph (D) immediately preceding, on the redemption date, become due and payable at the redemption price therein specified, and from and after such date (unless the Village shall default in the payment of tl~e redemption price) such Bonds or portions of Bonds shall cease to bear interest. Upon surrender of such Bonds for redemption in accordance with said notice, suc15 Bonds shall be paid by the Boni Registrar at the redemption price. The procedure for the pa.ymert of interest due as cart of the redemption price shall be as herein provided for payment of interest otherwise due. 6. Insufficiency in Notice Not Affecting Other Bonds; Failure to Receive Notice; Waiver. Neither the failure to mail such redemption notice, nor any defect in any notice so mailed, to any particular registered owner of a Bond, shall affect the sufficiency of such notice with respect to other registered owners. Notice having been properly given, failure of a registered owner of a Bond to receive such notice shall not be deemed to invalidate, limit or delay the effect of the notice or redemption action described in the notice. Such notice may be waived in writing by a registered owner of a Bond entitled to receive such notice, either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by registered owners shall be filed with the Bond Registrar, but such filing shall not be a condition precedent to the validity of any action taken in reliance upon such waiver. In lieu of the foregoing official notice, so long as the Bonds ar°e held in book entry form, notice nzay be given as Brovided in the ReBresentation hette~°, and the giving of such notice shall constitute a waiver by DTC arul A-12 the book entry owner, as registered owner, of the foregoing notice. After giving proper notiftcation of r°edemption to the Bond Registr°ar, as applicable, the Village shall not be liable for any failure to give or defect in notice. 7. New Bond in Amount Not Redeer~zed. Upon surrender for any partial redemption of any Bond, there shall be prepared for the registered owner a new Bond or Bonds of like tenor, of Authorized Denominations, of the same maturity, and bearing the same rate ofsnterest in the amount of the unpaid principal. 8. Effect of Nonpayment upon Redemption. If any Bond or portion of Bond called for redemption shall not be so paid upon surrender thereof for redemption, the prinC?pal Shall herame due and payable on demand, as afCr~S,~..d, ~"•r nt:l paid C.' d;;ly provided for, shall continue to bear interest from the redemption date at the rate borne by the Bond or portion of Bond so called for redemption. 9. Bonds to Be Cancelled,' Payment to Identify Bonds. All Bonds which have been redeemed shall be cancelled arrd destroyed by the Bond Registrar and shall not be reissued. Upon the payment of The redemption price of Bonds being redeemed, each check or other transfer of funds issued for such purpose shall bear the CUSIP number identifying, by issue aid maturity, the Bonds being redeemed with the proceeds of such check or other transfer. 10. Additional Notice. The Village agrees to provide such additional notice of redemption as it may deem advisable at such time a5 it determines to redeem Bonds, taking into account airy requirements or guidance of the Securities and Exchange Commission, the Municipal Securities Ruiemaking Board, the Government Accoiuiting Standards Board, or any other federal or state agency having jurisdiction or authority in such matters; provided, however, that such additional notice shall be (1) advisory in A-13 nafure, (2) solely in the discretion of the Village (unless a separate agreement shall be made), (3) not be a condition precedent of a valid redemption or a part of the Bond contract, and (4) any failure or defect in such notice shall not decay or invalidate the redemption of Bonds for which proper official notice shall have been given. Reference is also made to the provisions of the Continuing Disclosure Undertaking of the Village with respect to the Bonds, which may contain other provisions relating to notice of redemption of Bonds. ll. Bond Registrm^ to Advise Village. As part of its duties hereunder, the Bond Registrar shall prepare and forward to the Village a statement as to notices given ` with respect to each redemption together with copies of the notices as mailed. Section 7. Book-Entry Form. The Bonds shall be initially issued in the form of a separate single fully registered Bond for each maturity. Upon initial issuance, the ownership of each such Bond shall be registered in the Bond Register therefor in the name of CEDE & Co., or ally successor thereto, as nominee of DTC. All of the outstanding Bonds from time to time sha1I be registered in the Sond Register in the name of CEDE & Co., as nominee of DTC: Any Designated Officer is authorized to execute and deliver on behalf of the Village a Representation Letter. Without limiting the generality of the authority given to the Designated Officers with respect to entering into such Representation Letter, it may contain provisions relating to (a) payment proeed~ues, (b) t1•ansfers of the Bonds or of beneficial h2terest therein, (c) redemption notices or procedures unique to DTC, (d) additional notices or communications, and (e) amendment from time to time to conform with changing customs and practices with respect to securities industry transfer and payment practices. With respect to Bonds registered in the Bond Register in the name of CEflF & Co., as nominee of DTC, the Village and the Bond Registrar shall have no responsibility or obligation to A-14 any broker-dealer, baiilc or other financial institutions for which DTC holds Bonds from time to time as securities DTC (each such broker-dealer, bank or other fnancial institution being referred to herein as a "DTC Participant") or to any person on behalf of whom such a DTC Participant holds an interest in the Bonds. Without limiting the meaning of the immediately preceding sentence, the Village and the Bond Registrar shall have no responsibility or obligation with respect to (a) the accuracy of the records of DTC, CEDE & Co., or any DTC Participant with respect to any ownership interest in the Bonds, (b) the delivery to any DTC Participant or any other person, other than a registered owner of a Bond as shown in the Bond Register, or arry notice with respect to the Bonds, including any notice of redemption, or (e) the payment to any DTC Participant or any other person, other than a registered owner of a Bond as shown in the Bond Register, of any amount with respect to principal of or interest on the Bonds. No person other than a registered owner of a Bond as shown in the Bond Register shall receive a Bond certificate with respect to any Bond. Upon delivery by DTC to the Bond Regish•ar of written notice to the effect that DTC has determined to substitute a new nominee in place of CEDE & Co., and subject to the provisions hereof with respect to the payment of interest to the registered owners of Bonds at the close of bushless on the Record Date for and Interest Payment Date, the name "CEDE & Co." in this Ordinance shall refer to such new nominee of DTC. In the event that (a) the Vi]lage determines that DTC is incapable of discharging its responsibilities described herein and in the Representation Letter, (b) the agreement among the Village, the Bond Registrar and DTC evidenced by the Representation Letter shall be terminated for any reason, or (c) the Village determined that it is in the best interests of the beneficial owners of the Bonds that they be able to obtahi certificated Bonds, the Village shall notify DTC and DTC Participants of the availability of Bond certificates, and the Bonds shall no longer be A-15 restricted to being registered in the Bond Register in the name of CEDE & CO., as nominee of DTC. The Village may determine that the Bonds shall be registered in the name of and deposited with a successor depository operating abook-entry system, as may be acceptable to the Village, or such depository's agent or designee, and if the Village does not select such alternate book-entry system, then the Bonds may be registered in whatever name or names registered owners of Bonds transferring or exchanging Bonds shall designate, in accordance with the provisions hereof Notwithstanding any other provision of this Ordinance to the contrary, so long as any Bond is registered in the name of CEDE & Co., as nominee of DTC, all payments with respect to principal of and interest on such Bond and all notices with respect to such Bond shall be made and given, respectively, in the mamrer provided in the Representation Letter. In the event that the Bonds ever become generally registrable, as aforesaid, any Designated Officer may, in his or her discretion at such time, designate a bank with trust powers or trust company, d~u1y authorized to do business as a bond registrar, paying agent, or both, to act in one or both such capacities hereunder, in the event that the Designated Officers shall deterniine it to be advisable. Notice shall be given to the registered owners of any such designation in the same manner, as near as may be practicable, as for a notice of redemption of Bonds, and as if the date of such successor taking up its duties were the redemption date. Section 8. Registration; Transfer; Exchange; Owners. The Village shall cause the Bond Register to be kept at the principal office maintained for the purpose by the Bond Registrar in [Morton Grove], Illinois, which is hereby constituted and appointed the registrar of the Village for the Bonds. The Village is authorized to prepare, and the Bond Registrar or such other agent as the Village may designate shall keep custody of, multiple Bond blanks executed by the Village for use in the transfer and exchange of Bonds. A-16 Any Bond may be transferred or exchanged, but only in the manner, subject to the limitations, and upon payment of the charges as set forth in this Ordinance. Upon surrender for transfer or exchange of any Bond. at the principal office maintained for the purpose by the Bond Registrar, duly endorsed by or accompanied by a written instrument or instruments of transfer or exchange in form satisfactory to the Bond Registrar and duly executed by the registered owner or an attorney for such owner duly authorized in writing, the Village shall execute and the Bond Registrar shall authenticate, date and deliver in the name of the transferee or transferees or, in the case of an exchange, the registered owner, a new fully registered Bond or Bonds of Like tenor, of the same maturity, bearing the same interest rate, of Authorized Denominations, for a like aggregate principal amount The Bond Registrar shall not be required to transfer or exchange any Bond during the period from the close of business on the Record Date for an Interest Payment Date to the opening of business on such Interest Payment Date. The execution by the Village of any fully registered Bond shall constitute full and due authorization of such Bond, and the Bond Registrar shall thereby be authorized to authenticate, date and deliver such Bond; p~°ovided, however, the principal amount of Bonds of each maturity authenticated by the Bond Registrar shall not at any one time exceed the authorized principal amount of Bonds for such maturity less the amount of such Bonds which have been paid. The person in whose name any Bond shall be registered shall be deemed and regarded as the absolute owner thereof for all purposes, alld payment of the principal of or interest on any Bond shall be made only to or upon the order of the registered owner thereof or his legal representative. AIt such payments shall be valid azrd effeehzal to satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid. A-17 No service charge shall be made to any registered owner of Bonds for any transfer or exchange of Bonds, but the Village or the Bond Registrar may require payment of a sum sufficient to cover any tax or other governmental charge that may he imposed in connection with any transfer or exchange of Bonds. Section 9. Security. The Village hereby pledges the full faith and credit of the Village to the Bonds, and the Bonds are secured by the Village's levy of the 2009 Full Faith and Credit Taxes. Section 10. Form ~f Bonds. The Bonds shall be in substantially the forms hereinafter set forth; provided, however, that if the text of the Bond is to be printed in its entirety on the front side of the Bond, then the second paragraph of the front side of the Bend and the legend "See Reverse Side for Additional Provisions" shall be omitted and paragraphs on the reverse side of the Bond shall be inserted immediately after the first paragraph on the front side. A-18 [Form of Bond -Front Side] REGISTERED REGISTERED No. $ UNITED STATES OF AMERICri STATE OF)"LLINOIS COUNTY OF COOK VILLAGE OF MORTON GROVE GENERAL OBLIGATION REFUNDING BOND SERIES 2009 See Reverse Side for Additional Provisions Interest Maturity Dated CUSIP Rate: % Date: December I, 20_ Date: April I, 2004 Registered Owner: CEDE & Co. Principal Amount: DOLLARS KNOW ALL PERSONS I3Y THESE PRESENTS that the Village of Morton Grove, Cook County, Illinois, a home rule unit, municipality and political subdivision of the State of Illinois (the "Village "), hereby acknowledges itself to owe and for value received promises to pay to the Registered Owner identified above, or registered assigns as hereinafter provided, on the Maurity Date identified above, the Principal Amount identified above and to pay interest (computed on the basis of a 360-day yea~• of twelve 30-day months) on such Principal Amount from the later of the Dated Date of this Bond identified above or from the most recent Interest Payment Date to which interest has been paid or duly provided for, at the Interest Rate per am~mn identified above, such interest to be payable on June 1 and December l of each year, connnencing June 1, 2009, until the Principal Amount is paid or duly provided for, except as the hereinafter stated A-19 provisions for redemption prior to maturity may and shall become applicable hereto. The principal of and. redemption. premium, if any, due on this Bond are payable in lawful money of the United States of America upon presentation hereof at the principal office maintained for the purpose by The Bank of New York Mellon Trust Company, National Association, Chicago, Illinois, as paying agent (the "Paying ~ge~zt") and bond registrar (the "Bond Registrar"). Payment of interest shall be made to the Registered Owner hereof as shown on the registration books of the Village maintained by the Bond Registrar at the close of business on the applicable Record Date. Interest on the Bonds shall be paid by check or draft of the Paying Agent, payable upon presentation in lawful money of the United States of America, mailed to the acTdress of such Registered Owner as it appears en such registration books or at such other address furnished in writing by such Registered Owner to the Bond Registrar, or as otherwise agreed to by the Village and CEDE & Co., as nominee of DTC, for so long as this Bond is held in book- entry only form as provided for same. As long as the Bonds are held in Book Entry Form as provided in the hereinaSter defined Ordinance, payments of principal of and interest on the Bonds may be paid to the registered owner thereof u7 same-day funds on each payment date as authorized hereunder. Reference is hereby made to the further provisions of this Bond set forth on the reverse hereof and Bach further provisions shall for all purposes have the same effect as if set forth at this place. It is hereby certified and recited that all conditions, acts and things required by the Constitution and Laws of the State of Illinois to exist or to be done precedent to and in the issuance of this Bond, have existed and have been properly done, happened and been performed in regular and due form and time as required by law; that the indebtedness of the Village, represented by the Bonds, and including all other indebtedness of the Village, howsoever A-20 evidenced or incurred, does not exceed any constitutional or statutory or other lawful limitation; and that provision has been made for the collection of the 2009 Fuii Faith and Credit Taxes and fiu2her, that the Village will comply with all of the covenants and maintain the funds and accounts as provided by the Ordinance. This Bond shall not be valid or become obligatory for any purpose until the certificate of authentication hereon shall have been signed by the Bond Registrar. IN WITNESS WHEREOF the Village of Morton Grove, Cook County, Illinois, has caused this Bond to be executed by the manual or duly authorized facsimile signature of its President and attested by the manual or duly authorized facsimile signature of its Village Clerk and its corporate seal or a facsinle thereof to be i~:?pressed or reprodrzeed hereon, all as a~Ppearing hereon and as of the Dated Date identified above. President, Village of Morton Grove Cools County, Illinois Attest: Village Clerk, Village of Morton Grove Cook County, Illinois [Sent] A-21 Date of Authentication: CeRTtFtCATe Bond Registrar and Paying Agent: of The Bank of New York Mellon Trust C AUTHENTICATION National Association, Chicago, Illinois This Bond is one of the Bonds described in the within mentioned Ordinance and is one of the Genera] Obligation Refunding Bonds, Series 2009, having a Dated Date of April 1, 2009, of the Village of Morton Grove, Cook County, Illinois. The Bank of New York Mellon Trust Company, National Association, Chicago, Illinois, as Bond Registrar BY. [Form of Bond -Reverse Side] This bond and each bond of the series of which it forms a part (the `Bonds ") are issued pursuant to the Illinois Municipal Code, as supplemented and amended, and particularly as supplemented and amended by the Local Govermnent Debt Reform Act, as amended, and the other Onmibus Bond Acts, as amended, and as further supplemented, and where necessary, superseded, by Section 6 of Article VII of the 1970 Constitution of the State of Illinois (together, the "Act"). The Bonds are being issued to pay the costs of the Refunding, all as more fully described in proceedings adopted by the President and Board of Trustees of the Village (the "Corporate Authorities ") and hi au ordinance authorizing the issuance of the Bonds adopted by the Corporate Authorities on the 23rd day of March, 2009 (the `Bo~zd Ordiiaa~zce "), to all the provisions of which the holder by acceptance of this Bond assents. Any Bond may be transferred or exchanged, but only in the manner, subject to the limitations, and upon payment of the charges as set forth in the Bond Ordinance. Upon surrender for transfer or exchange of any Bond at the principal office maintained for the purpose by the Bond Registrar in Chicago, Illinois, duly endorsed by or accompanied by a written instrument or A-22 instruments of transfer or exchange in form satisfactory to the Bond Registrar and duly executed by the Registered Owner or an attorney for such owner duly authorized in writing, the Village shall execute and the Bond Registrar shall authenticate, date and deliver in the name of the transferee or transferees or, in the case of an exchange, the Registered Owner, a new fully registered Bond or Bonds of like tenor, of the same maturity, bearing the same interest rate, of Authorized Denominations, for a Hke aggregate principal amount. The Bond Registrar shall not be required to transfer or exchange any Bond during the period from the close of business on the Record Date for an. Interest Payment Date to the opening of business on such Interest Payment Date. The Bonds coming due on December ., 2~_, and 20_, are Ten:: Bonds and are subject to mandatory redemption prior to maturity by operation of the Bond Fund, at a redemption price of par, without premium, plus accrued interest to the date fixed for redemption, on December 1 of the years and in the amounts as follows: FoR THe 20 Tslzm Bonds YEAR AMOUNT(S) FOR THS 2O_ TERM BONDS YEAR AMOUNT(S~ The Boaa~ds are subject to optional redemption prior Co maturity. A-23 The Village, the Bond Registrar and the Paying Agent may deem and treat the Registered Owner hereof as the absolute owner hereof for the purpose of receiving payment of or on account of principal hereof and interest due hereon and for all other purposes, and the Village, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary. This Bond is a "qualified tax-exempt obligation" pursuant to Section 265(b)(3) of the Internal Revenue Code of 1986, as amended. INSURANCELEGE~D APPEARS HERE [~;SS IGN M GNT FoR VntUE RecEivEO, the undersigned sells, assigns and transfers unto (Name acid Address of Assignee) the within Bond and does hereby irrevocably consfitute and appoint as attorney to transfer the said Bond on the books kept for registration thereof with full power of substitution in the premises. llated: Signature guaranteed: NOTICE': The signature to this transfer and assignment must correspond with the name of the Registered Owner as it appears upon the face of the within Bond in every partictiilar, without alteration or enlargement or any change whatever. ~'ection 11. Tax Levy, AbcrCeme~zt. A. TAX LEVY. For the purpose of providing funds required to pay the interest on the Bonds promptly when acid. as the same falls due, grid to pay and discharge the principal thereof at maturity, there is hereby levied upon all of the taxable property within the Village, in the years for which any of the Bonds are outstanding, a direct A-24 annual tax sufficient for that purpose; and there is hereby levied on all of the taxable property in the Village, in addition to all other taxes, the direct annual taxes (the "2009 Fuld Faith and CrediC Taxes °) for the years and in the amounts as follows: The Village covenants and agrees with the Purchaser and registered owners of the Bonds that so long as any of ffie Bonds remain outstanding, the Village will take no action or fail to take any action which in any way would adversely affect the ability of the Village to levy and collect the foregoing tax levies. The Village and its officers will comply with all present and future applicable laws in order to assure that the 2009 Full Faith and. Credit Taxes may be levied, extended and collected as provided herein and deposited into a fund hereby created and to be known as the "2009 General Obligation Refunding Bonds Bond Fund" (the "Bond Fund") which fund shall be a trust fluid for the benefit of the registered owners of the Bonds and shall be held segregated and apart from other funds of the Village. In the event that the 2009 Full Faith and Credit Taxes, or atiy of them, are ever extended for col]ection, such taxes shall be deposited by the Village upon receipt into the Bond Fund and shall be used solely and only to pay the principal of and interest on the Bonds. Monies to the credit of the 2009 Full Faith and Credit Taxes Account shall be used first and a~•e pledged for paying the principal of and interest and applicable premium on the Bonds. Interest or principal coming due at any time when fllere are insufficient funds on hand from the 2009 Full Faith and Credit Taxes to pay the same shall be paid promptly when. due from current funds on hand in advance of the collection of the 2009 Fuli Faith and Credit Taxes herein levied.; and when the 2009 Full Faith and Credit Taxes shall have been collected, reimbursement shall be made to said funds in the amount so advanced. A-25 B. ABATEMENT. Whenever and only when other funds from any lawful source are made available for the purpose of paying any principal of or interest on of the Bonds, so as to enable the abatement of the taxes levied herein for the payment of same, the Corporate Authorities shall, by proper proceedings, direct the deposit of such funds into the Bond Fund and further shall direct the abatement of the taxes by the arnomrt so deposited. A certified copy or other notification of any such proceedings abating taxes may then be filed with the County Clerk in a timely manner to effect such abatement. Seetzon 12. Filing with County Clerk. Promptly, as soon as this Ordnnance becomes effective, a copy hereof certified by the Village Clerk of the Village, shall be filed with the County Clerk; and said County Clerk shall in and for each of the years as hereinabove set forth ascertain the rate percent required to produce The aggregate tax hereinbefore provided to be levied in each of said years and in said County; and said County Clerk shall (to the extent said tax has not been abated as provided herein) extend the same for collection on the tax books iu connection with arry other taxes that may be levied in said years in and by the Village for general corporate purposes of the Village; and in said years such annual tax shall be levied and collected. by and for and on behalf of the Village in like mamier as provided by law for the levy and collection of taxes for general corporate purposes for said years, without limit as to either rate or amount, and in addition to and in excess of all other taxes. Section 13. Sale of Bonds. The Bonds shall be executed as in this Ordinance provided as soon after the passage hereof as may be, shall be deposited with the Village Treasurer, and shall be delivered to the Purchaser upon the payment of the Purchase Price. The contract for the sale of the Bonds to the Purchaser as presented to the Corporate Authorities at this meeting (the "Purchase Contract ") is hereby in all respects ratified, approved and confirmed, it being hereby declared that no person holding any office of the Village, either by election or appointment, is in A-26 any mam~er financially interested, either directly in his own name or indirectly in the name of airy other person, association, trust or corporation, in such contract. The Preliminary Final Official Statement of the City, dated March 9. 2009, relating to the Bonds and heretofore presented to the Corporate Authorities, is hereby ratified and approved. The Final Official Statement of the Village, dated within seven days of the date of sale of the Bonds, relating to the Bonds (the "Final Official Statement"), presented to the Corporate Authorities at this meeting is hereby approved, and the Purchaser is hereby authorized on behalf of the Village to distribute copies of the Final Official Statement to the ultimate purchasers of the Bonds. The Designated Officers are hereby further expressly authorized to take any action as may be requir:,d on the part of the grillage to consummate tl=e transactio.^s coF.templated by the Purchase Contract, this Ordinance, said Preliminary Official Statement, said final Official Statement, and the Bonds, including, specifically, the execution of a tax certificate as prepared by Bond Counsel, the Escrow Agreement and customary closing documents, their execution thereof to constitute ratification of the terms and provisions thereof by the Corporate Authorities without any further official action or direction thereby. Section 1 ~. G~eation of Funds and Appropriations. A. Accrued 'interest on the Series 2009 Bonds shall be and is hereby appropriated for the purpose of paying first interest due on the Series 2009 Bonds, and to such end is hereby ordered to be deposited into the Bond Fund. B. The sum necessary shall be used to pay costs of issuing the Bonds and to that end shall be deposited into an Expense Fund, hereby created, and shall be disbursed therefrom by the Treasurer f~~otn time to time as necessary. Any funds on deposit in the Expense Fund and not so disbursed within six months after issuance of the Bonds shall be transferred to the Bond Fund. C. Premium, if any, received upon the delivery of the Bonds and principal proceeds of the Bonds as is necessary, together with such money in the debt service funds for the A-27 Refunded Bonds as may be advisable for the purpose, shall be used to provide for the Refunding, pursuant to the provisions of an Escrow Agreement with the Escrow Agent, in the form as provided by Bond Counsel and approved by the Village Attorney, made a part hereof by this reference, and hereby approved; the officers appeazing signatory to such Escrow Agreement aze hereby authorized and directed to execute same, their execution to constitute conclusive proof of action in accordance with this Ordinance, and approval of all completions or revisions necessary or appropriate to effect the Refmlding. Section I5. Reimbursement. None of the proceeds of the Bonds (including all of the Refunded Bonds) will be or was used to pay, diiectly or indirectly, in whole or in part, for an expenditure that has or had been paid by tha Village prior to the date of adoption by ±he Corporate Authorities of this Ordinance or, with reference to the Refunded Bonds, the ordinances authorizing the issuance of the Refunded Bonds. Section 16. NoC Private Activity Bonds. None of the Bonds or the Prior Bonds (including all of the Refunded Bonds) is a "private activity bond" as defined in Section 141(a) of the Code. In support of such conclusion, the Village certifies, represents and covenants as follows: A. Not more than 5% of the net proceeds and investment earnings of the Bonds is to be used, and not more than 5% of the net proceeds of the Refunded Bonds was used, directly or indirectly, in any activity carried on by any person other than a state or Local governmental unit. B. No direct or indirect payments are~to be made on any Bond or were or are to be made on any Prior Bond with respect to any private business use by any person other than a state or local governmental unit. A-28 C. None of the proceeds of the Bonds is to be used, and none of the proceeds of the Prior Bonds was or is to be used, directly or indirecfly, to make or finance loans to persons other than a state or local governmental unit. D. No user of the public capital infrastructure financed with the proceeds of the Prior Bonds (the "Infrastructure") other than the Village or another governmental unit will use the same on any basis other than the same basis as the general public; and no person other than the Village or another governmental unit will be a user of the Infrastructure as a result of (i) ownership or (ii) actual or beneficial use pursuant to a lease, a management or incentive payment contract, or (iii} any other arrangement. Sectius¢?7. Pegi.;tarad F:;r:n. The Village .ecegm'aes that Sec±~on 149 of tl.e Cede requires the Bonds to be issued and to remain in fully registered form in order to be and remain Tax-exempt. In this connection, the Village agrees that it will not take any action to permit the Bonds to be issued in, or converted into, bearer or coupon form. Section 18. Further Tax Covenants; Refiate; Bank Qualif cation. A. The Village agrees to comply with all provisions of the Code which, if not complied with by the Village, would cause the Bonds not to be Tax-exempt. In furtherance of the foregoing provisions, but without limiting their generality, the Village agrees: (a) through its officers, to make such further specific covenants, representations as shall be truthful, and assurances as may be necessary or advisable; (b) to comply with all representations, covenants and assurances contained in certificates or agreements as may be prepared by Bond Counsel; (c) to consult with Bond Counsel and to comply with such advice as may be given; (d) to file such forms, statements and supporting docurnents as may be required and in a timely manner; and (e) if deemed necessary or advisable by its officers, to employ and pay fiscal agents, financial advisors, attorneys and other persons to assist the Village in such compliance. A-29 B. The Village further certifies and covenants as follows with respect to the requirements of Section 148(f) of the Code, relating to the rebate of "excess arbitrage profits" (the "Rebate Requii°enaeiat") to the U~uted States: 1. Unless an applicable exception to the Rebate Requirement is available to the Village, the Village will meet the Rebate Requirement. 2. Relating to applicable exceptions, any Designated Officer is hereby authorized to make such elections under the Code as either such officer shall deem reasonable and in the best interests of the Village. If such election may result in a "penahy in lieu of rebate" as provided in the Code, and such penalty is incurred (the "Penalty "), then the Village shall pay such Penalty - _ 3. The Designated Officers shall cause to be established, at such time and in such manner as they may deem necessary or appropriate hereunder, a "2009 General Obligation Refunding Bonds Rebate [or Penalty, if applicable] Fund" (the "148 Compliance Fund ") for the Bonds, and such officers shall further, not less frequently than annually, cause to be transferred to the 148 Compliance Fund the amount determined to be the accrued liability under the Rebate Requirement or Penalty. Said officers shall cause to be paid to the U.S., without further order or direction from the President and Board of Trustees, from time to time as required, amounts sufficient to meet the Rebate Requirement or to pay the Penalty. 4. Interest earnings in the Bond Fund are hereby authorized to be transferred, without further order or direction from the Corporate Authorities, from time to time as required, to the 148 Compliance Fund for the purposes herein provided; and proceeds of the Bonds and other funds of the Village are also hereby authorized to be used to meet the Rebate Requirement or to pay the Penalty, but only if necessary after application of investment earnings as aforesaid and only as appropriated by the Corporate Authorities. A-30 C. The Village also certifies and further covenants with the Purchaser and registered owners of the Bonds from time to time outstanding that moneys on deposit in any fluid or account in connection with the Bonds, whether or not such moneys were derived from the proceeds of the sale of the Bonds or from any other source, will not be used in a maiuier which will cause the Bonds to be "arbitrage bonds" within the meaning of Code Section 148 and any lawful regulations promulgated thereunder, as the same presently exist or may from time to time hereafter be amended, supplemented or revised. Section 19. Opinion of Counsel Exception. The Village reserves the right to use or invest moneys in connection with the Bonds in any mariner, notwithstanding the tax-related covenants Set forth in $ectinr.g 15 thrnngh l R herein, provided it shall first Have received an opinion from Bond Counsel to the effect that use or investment of such moneys as contemplated is valid and proper under applicable law and this Ordinance and, further, will not adversely affect the Tax-exempt status of the Bonds. Section 20. Rights and Duties of Bond Regish•ar. If requested by the Bond Registrar and Paying Agent, any Designated Officer is authorized to execute the Bond Registrar's and Paying Agent's standard form of agreement between the Village and the Bond Registrar and Paying Agent with respect to the obligations and duties of the Bond Registrar and Paying Agent hereunder. In addition to the terms of such agreement or agreements and subject to modif cation thereby, the Bond Registrar and Paying Agent by acceptance of duties hereunder agree: (a) to act as bond registrar, paying agent, authenticating agent, and transfer agent as respectively provided herein; (b) for the Bond Registrar, to maintain a list of Bondholders as set forth herein. and to furnish such list to the Village upon request, but otherwise to keep such list confidential to the extent permitted by law; A-31 (c) for the Bond Registrar, to cancel and/or destroy Bonds which have been paid at maturity or upon redemption or submitted for exchange or transfer; (d) for the Bond Registrar, to furnish the Village at least annually a certificate with respect to Bonds cancelled and/or destroyed; and (e) for the Bond Registrar, to furnish the Village at least annually an audit confirmation of Bonds paid, Bonds outstanding and payments made with respect to interest on the Bonds. The Village Clerk of the Village is hereby directed to file a certified copy of this Ordinance with the Bond Registrar and the Paying Agent. Section 21. Bond Insurance. If the Bonds are issued with a commitment by an Insurer to issue a financial guaranty or municipal bond insurance policy (a "Policy "), such commitment for the Policy shall be attached hereto as ExxietT A and shall be specifically incorporated into this Ordinance by this reference. As long as such Policy shall be in full force and effect, the Village and the Bond Regis'Crar agree to comply with such usual and reasonable provisions regarding presentment and payment of the Bonds, subrogation of the rights of the Bondholders to the Bond Insurer when holding Bonds, amendment hereof, or other terms, all as set forth in said commitment. Section 23. Continuing Disclosure Undertaking. The Designated Officers are hereby authorized to execute and deliver the Continuing Disclosure Undertaking, in substantially the form attached provided by Bond Counsel and approved by the Village Attorney, to effect compliance with Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934. When such Continuing Disclosure Undertaking is executed and delivered on behalf of the Village, it will be binding on the Village and the officers, agents, and employees of the Village, and the same are hereby authorized and directed to do all such acts A-32 and things and to execute all such documents as may be necessary to carry out and comply with the provisions of such Continuing Disclosure Undertaking as executed and delivered. Notwithstanding any other provisions hereof, the sole remedies for failure to comply with such Continuing Disclosure Undertaking shall be the ability of the beneficial owner of any Bond to seek mandamus or specific performance by court order, to cause to the Village to comply with its obligations thereunder. Section 24. Defeasance. Bonds which. (a) are paid and cancelled, (b) which have matured and for which sufficient sums been deposited with the Paying Agent to pay all principal thereof and interest due thereon, or (c) for which sufficient U.S. funds and full faith and credit obhgatrons of t,ie vTiu led ~iateJ of AiueriCa, CibiigatlClnS the tiiiiciy paj iucni of `w'hiCii arc guaranteed by the United States Treasury, or certificates of participation in a trust comprised solely of full faith and credit obligations of the United States of America have been deposited with the Paying Agent or similar institution to pay, taking into account investment earnings on such obligations, all principal of and interest on Bonds when due at maturity or redemption, as applicable, pursuant to an irrevocable escrow or trust agreement, shall cease to have any lien on or right to receive or be paid from the 2009 Pull Faith and Credit Taxes hereunder and shall no longer have the benefits of any covenant for the registered owners of outstanding Bonds as set forth herein as such relates to lien and security of the outstanding Bonds. All covenants relative to the 'Tax-exempt status of the Bonds, and payment, registration, transfer, and exchange, are expressly continued for all Bonds whether Outstanding Bonds or not Section 25. Taxes Previously Levied. To the extent not previously abated, the taxes previously levied for the year 2008 (collectible in 2009) to pay the Refm~ded Bonds shall be used to effectuate the Refmlding as provided in the Escrow Agreement, or to the extent not needed due to the issuance of the Bonds, shall be deposited into the Bond Fund and used to pay first A-33 interest coming due on the Bonds or shall be abated. Taxes levied for the year 2009 (collectible in 2010) and thereafter for the Refunded Bonds shall be abated. The Designated Officers are hereby expressly authorized to file an abatement certificate with the County Clerk, without further official action of the Corporate Authorities, to effectuate such abatement. Section 2d. Publication of Ordinance. A full, true and complete copy of this Ordinance shall be published within ten days after passage in pamphlet forth by authority of the Corporate Authorities. A-34 Section 27. Superseder and Effective Date . All ordinances, resolutions and orders, or parts thereof, in emlflict herewith, are to the extent of such conflict hereby superseded; and this Ordinance shall be in full force and effect immediately upon its passage. AYES: NAYS: ABSENT: ADOPTED: This 23rd day of March, 2009. APPaovE~: This 23rd day of March, 2009: President, Village of Morton Grove Cook County, Illinois RECORDED In Village Records: This 23rd day of March, 2009. PUBLISHED in pamphlet form by authority of the President and Board of Trustees on March 23, 2009. Attest: Village Clerk, Village of Morton Grove Cook County, Illinois [SEAL] A-35 STATE OF ILLINOIS ) SS COI,'NTY OF COOK ) CERTIFICATION OF MINUTES AND ORDINANCE AND CERTIFICATION OFPLIBLICATION [N PAMPHLET FORM I, the undersigned, do hereby certify that I am the duly qualified and acting Village Clerk of the Village of Morton Grove, Cook County, Illinois (the "Village"), and as such official I am the keeper of the official journal of proceedings, books, records, minutes and files of the Village and of the President and Board of Trustees (the "Corporate Authorities ") thereof. I do further certify that the foregoing is a full, true and complete transcript of that portion of the minutes of the meeting of the President and Board of Trustees held on the 23rd day of March, 2009, insofar as the same relates to the adoption of an ordinance entitled: A:v ORDINANCE providing for the issuance of General Obligation Refunding Bonds, Series 2009, of the Village of Morton Grove, Cook County, Illinois, authorizing the execution of an escrow agreement in connection therewith and providing for the levy and collection of a direct annual tax for the payment of the principal of and interest on said bonds. a true, correct and complete copy of which said ordinance as adopted at said meeting appears in the foregoing transcript of the minutes of said meeting. I do further certify that the deliberations of the Corporate Authorities on the adoption of said ordinance were. taken openly; that the vote on the adoption of said ordinance was taken opeiily; that said meeting was held at a specified time and place convenient to the public; that notice of said meeting was duly given to all newspapers, radio or television stations and other news media requesting such notice; that an agenda for said meeting was posted on a day which was not a SaCurday, Sunday or legal holiday for Illinois municipalities and at least 48 hours in advance of holding said meeting at the location where said meeting was held and at the principal office of the Corporate Authorities; that said agenda described or made a specific reference to said ordinance; that a true, correct and complete copy of said agenda as so posted is attached hereto; and that said meeting was called and held in strict compliance with the provisions of the Open Meetings Act of the State of I1luiois, as amended, and that the Corporate Authorities have complied with all of the provisions of said Act and said Code, except as validly superseded by the home rule powers of the Village, and with all of the procedural rules of the Corporate Authorities in the adoption. of said ordinance. I do further certify that the Ordinance was published by authority of the Corporate Authorities in pamphlet form on the 23rd day of March, 2009, and the Ordinance as so published was on said date readily available for public inspection and distribution, in sufficient number to meet the needs of the general public, at my offlee as Village Clerk located in the Village. Itv WITNESS WHEREOF I hereunto affix my official signature and the seal of the Village this 23rd day of March, 2009. Village Clerk [SEnt,] VILLAGE CLERK TO ATTACH AGENDA -2- STATE OF ILLINOIS ) ) S ~' COUNTY OF COOK ) ~IDEOIAODIO ATTENDANCE CERTIFICATE I, the undersigned, do hereby certify that I am the duly qualified and acting Village Clerk of the Village of Morton Grove, Cook County, Illinois (the "Village "), and as such official I do further certify as follows: That at the meeting of the President and Board of Trustees of the Village (the "Corporate Authorities") on the 23rd day of March, 2009 (the "Meeting"), attended the Meeting by video or audio conference. ~_ 'T'hat ca.irl. mPinherlsl of the C',nhrnrate Atltl70rltieg was/were prevented from physically attending the Meeting because of the reason(s) as follows: MEMBER REASON 3. That said member(s) of the Corporate Authorities notified me before the Meeting that he/she/they wished to attend the Meeting by video or audio conference. 4. That attached hereto as Exhibit 1 is a true, correct and complete copy of the rules adopted by the Corporate Authorities for allowing a member of the Corporate Authorities to attend a meeting of the Corporate Authorities by video or audio conference. 5. That the Meeting was duly called, noticed and held in strict compliance with ail of the provisions of the Open Meetings Act of the State of Illinois, as amended, except as said Act Section 7 of the Open Meetings Act of the State of Illinois, as amended, provides the following three reasons a person may be prevented from physically attending a meeting: (i) personal illness or disability; (ii) emp7oymert purposes or the business of the public body; or (iii) a Family or other emergency. may be superseded by the home rule powers of the Village, and the ordinances, resolutions, rules, regulations and proceedings of the Corporate Authorities. IN WrrraESS WHeREOF, I hereunto affix my official signature and the official corporate seal of the Corporate Authorities, this 23rd day of March, 2009. Village Clerk [SEAL] -2- STATa of ILLiNO1S ) SS COUNTY OF COOK ) CERTIFICATE OF RILING I, the undersigned, do hereby certify that I am the duly qualified and acting County Clerk of The County of Cook, Illinois, and as such officer I do hereby certify that on the day of 2009, there was filed in my office a properly certified copy of an ordinance passed by the President and Board of Trustees of the Village of Morton Grove, Cook County, Illinois, on the 23rd day of Much, 2009, and entitled: AN ORDINANCE providing for the issuance of General Obligation Refunding Bonds, Series 2009, of the Village of Morton Grove, COOk C'ngnty, Tllinni c~ autl'iorlZing the eXBCUtlOll of an eSCYOw agreement in connection therewith and providing for the levy and collection of a direct annual tax for the payment of the principal of and interest on said bonds. and that the same has been deposited in the official files and records of my office. IN W[TNESS WHEREOF I have hereunto affixed my official signature and the seal of The County of Cook, Illinois, this _ day of , 2009. County Clerk of The County of Cook. Illinois [SEnt,] AMENDING ORDINANCE 08-27 TO ALLOW THE PROCEEDS FROM THE SALE OF 5821 DEMPSTER STREET TO BE REMOVED FROM A RESTRICTED AND DESIGNATED RESERVE ACCOUNT AND AMENDING ORDINANCE 08-43 TO INCREASE 2009 BUDGET FUNDING FOR VILLAGE ROAD REPAIRS Introduction: Synopsis: Purpose: Background: Programs, Departments or Groups Affected Fiscal Impact: Source of Funds: Workload Impact: Admin Recommendation: First Reading: Special Considerations or Requirements: March 23, 2009 This ordinance will approve amendments to Ordinance 08-27 to remove restrictions from the proceeds of the sale of 5821 Dempster Sheet, and will amend Ordinance 08-43 to amend the 2009 Village budget to use the proceeds from the sale of5821 Dempster Street for Village road repairs. Additional funding is needed to address deteriorating and failing roads within the Village of Morton Grove. In 2008, the V illage Board, pursuant to Ordinance 08-27 authorized the sale of surplus real estate at 5821 Dempster Street. The proceeds from. the sale, i.e., $333,343.34 was required by ordinance to be placed in a restricted. designated fund so these proceeds would be used only for Dempster Street improvements or related projects. The Village Board, at its March 9, 2009, Village Board meeting recommended this restriction be removed and these proceeds be used to address deteriorating Village roadway conditions. This ordinance will remove the restrictions on these proceeds and will amend the 2009 Village Budget to increase funding for Village street improvements. Finance Department, Public Works, and Engineering Deparments The $333,343.34 will be spent on local street improvement projects as deemed appropriate by the Village Board of Trustees. The segregated cash account established at mb Financial for the Dempster Street Corridor Project will now be placed in account no. 305060-553305 The transfer of monies and formulation of different street projects will be handled with other daily matters. Approval as presented March 23, 2009 Atwo-thirds vote of the Corporate Authorities is necessary to amend the 2009 Village Budget. Respectfully Submitted by: ~a _ ~ o ~~ d~.'" `z ~ Prepare6 Jose h F. de, Vtl ge Administrator Teresa Reviewed by: ~...~------ __ Ry r Horn , A Ping Finance Director ORI~Il~tAI~CE 09-06 AMENDING ORDINANCE 48-27 TO ALLOW THE PROCEEDS FROM THE SALE OF 5821 DEMPSTER STREET TO BE REMOVED FROM A RESTRICTED AND DESIGNATED RESERVE ACCOUNT, AND AMENDING ORDINANCE 08-43 TO INCREASE 2009 BUDGET FUNDING FOR VILLAGE ROAD REPAIRS WHEREAS, the Village of Morton Grove (VILLAGE), located in Cook County, Illinois, is a home rule unit of government under the provisions of Article 7 of the 1970 Constitution of the State of Illinois, can exercise any power and perform any function pertaining to its government affairs, including but not limited to the power to tax and incur debt; and WHEREAS, pursuant to Ordinance 08-43, the budget for Calendar Year 2009 was adopted by the Corporate Authorities on December 8, 2008; and WHEREAS, pursuant to Ordinance 08-43 and pursuant to 65 ILCS 5/8-2-91 et seq, the calendar year budget document represgnts an estimate of revenues available to the municipality for the fiscal year,- together with recommended expenditures for the municipality pursuant to good fiscal management practices; and WHEREAS, pursuant to Title 1, Chapter 9A, Section 6 of the Municipal Code of the Village of Morton Grove, the Corporate Authorities may from time-to-time amend its adopted budget by a vote of two-thirds of its members; and WHEREAS, from time-to-time changing circumstances and priorities may necessitate amendments to the budget document; and WHEREAS, pursuant to Ordinance 08-27, the Village authorized the sale of surplus real estate at 5821 Dempster Street, but restricted the net proceeds from the sale for use only for Dempster Street improvements or related projects; and WHEREAS, the winter of 2008-09 was extraordinarily harsh causing damage to many of the streets within the Village of Morton Grove; and WI-IEREAS, the Corporate Authorities deem it to be in the best interest of the Village that additional fields be appropriated for street repair and resin-facing and based on this necessity, it is in the best interest of the Village to utilize flee proceeds from the sale of 5821 Dempster Street for such street repairs and resurfacing. NOW, THEREFORE BE IT ORDAINED BY THE PRESIDENT AND BOARD OE TRUSTEES OF THE VILLAGE OF MORTON CiROVE, COOK COUNTY, ILLINOIS AS FOLLOWS: SECTION L• The Corporate Authorities do hereby incorporate the foregoing iUHERL:AS clauses into this Ordinance as though futly set forth therein thereby making the findings as hereinabove set forth. SECTION 2: Orduiance 08-27 Authorising the Execution of a Real Estate Contract for the Sale of Surplus Real Estate at 5821 DemEster Str°eet within the Village of Mop°ton Grove is hereby amended to delete Section 4 in its entirety. SECTION 3: Ordinance 08-43 AdoEting the Budgets for All Corporate Purposes of the Village of Morton Grove and the Morton Grove Library, for the Calendar Year Effective ,Iarzumy 1, 2009 and Ending December 31, 2009 is hereby amended to increase the amount appropriated for street improvements within the Capital Projects fund by $333,343.34. SECTION 4: The Village Administrator and the Acting Director of Finance/Treasurer or their designees are hereby authorized to make the necessary adjustments to the budget as set forth. in this ordinance. SECTION 5: This ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form according to law. PASSED this 23`d day of March 2009. Trustee Brunner Trustee Kogstad Trustee Mareu~s Trustee Mirix Trustee Staackmann 1"rustee Thi1] APPROVED by me this 23`a day of March 2009. Richard Krier, Village President Village of Morton Grove Cook County, Illinois APPROVED and FILED in my office: this 24t" day of March 2009. Carol A. Fritzshall, Village Clerk Village of MOrfon Grove Cook County, IIIh7ois Le~4slative Summary Resolution 09-18 AUTHORIZING THE ANNUAL MEMORIAL DAY PARADE AND CLOSURE OF DEMPSTER STREET Introduced: March 23, 2009 Synopsis: This resolution will authorize the 2008 Memorial Day Parade on Dempster Street, Route 58, at 1:30 pm on Sunday, May 24, 2009, wlrich will require the closing of Dempster Street, Route 58, either partially or completely between Austin and Ferris Avenues between 12:30 pm and 4:30 pm. Purpose: The Illinois Department of Transportation requires the Village adopt an ordinance approving the closing of Dempster Street. The ordinance also authorizes the Village Engineer to file au application through the Illinois Department of Transportation for tl-ie closing of Derripster Street, Route 58, from 12:30 pm to 4:30 pm on Sunday, May 24, 2009, for the Amlual N~emorial D"Ay Parade. &ackground: The Memorial Day Parade is a Morton Grove tradition, and each year a resolution is developed authorizing the parade and assuming full responsibility for the direction, protection, and regulation of traffic during the time the detour is in effect and all liabilities for damages of any kind occasioned by the closing of said state route. Programs, Departments ~ ~ Public Worlcs-Placement of barricades and directional information or Groups Affected Police Department-Enforcement and traff c control Fiscal Impact: Overtime associated with above activities Source of Funds: General Fund dollars will be used to support the manpower and equipment costs Workload Impact: A1] Village Departments will provide their usual support for this activity Administrator Approval Recommendation: First Reading: None required Special Considerations or None Requirements: RespectFully submitted: _ G~', ~~Z~?~ ,(~,~ Jose F. ade, Village Administrator <X ~ +i Prepared by: ~~,~'/,~r Reviewed by: _fx'~'"~`F` _ Andy Monte, Public Works Director Teresa Hoffinan Aston, Corporation Counsel RESOLUTI®N 09-IS MEMORIAL DAY PARADE CLOSURE OF DEMPSTER STREET WHEREAS, the Morton Grove Post #134 American Legion is planning a parade as part of an annual celebration on Sunday, May 24, 2009; and WHEREAS, the parade will commence at 1:30 p.m. and will require the closing of Dempster Street for approximately two hours, either partially or completely between Austin Avenue and Ferris Avenue between the hours of 12:30 pm and 4:30 pm; and WHEREAS, the State of Illinois requires the Village to assume all responsibility and liability involved in closing said State Route. NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MORTON GROVE, COOK COUNTY, ILLINOIS AS FOLLOWS: SECTION I: The Corporate Authorities do hereby incorporate the foregoing WHEREAS clauses into this Resolution as though fully set forth therein fl~ereby making the findings as hereinabove set forth. SEC~'ION 2: That the Village Engineer will file an application with the Illinois Department of Transportation for the closing of Dempster Street on Sunday, May 24, 2009, from 12:30 pm to 4:30 pm. SECTION 3: That the Village will assume full responsibility for the direction, protection and regulation of traffic during the time the detour is in effect and all liabilities for damages of any kind occasioned by the closing of said State Route. It is further agreed that efficient, ali weather detours will be maintained, conspicuously marked and judiciously police patrolled for the benefit of traffic deviated from the State Route. PASSED THIS 23`d DAY OF March 2009. Trustee Brunner Trustee Kogstad Trustee Marcus `Trustee Minx Trustee Staackrnann Trustee 'I1ii11 APPROVED 13Y ME THIS 23rd DAY OF March 2009 Richard Krier, Village President Village aC Morton Grove Coots County, Illinois ATTESTED AND FILED in my off ce This 24`" day of March 2009. Carol A. Fritzshalt, Village Clerk Village of Morton Grove Cook County, Illinois Legislative Summary Resolution 09-19 AUTITORIZING THE ANNUAL J[JLY 4 PARADE AND CLOSURE OF DEMPSTER STREET Introduced: Synopsis: Purpose: Baekaround: Programs, Departments or Groups Affected Fiscal Impact: Source of Funds: Workload Impact: Administrator Recommendation: First Reading: Special Considerations or Requirements: Respectfully submitted: Prepared by:_ Andy March 23, 2009 This resolution will authorize the 2009 .Tiny 4 Parade on Dempster Street, Route 58, at 2:30 pm on Tuesday, July 4, 2009, which will require the ciosulg of Dempster Street, Route 58, either partially or completely between Central and Ferris Avenues between 2:00 pm and 4:30 pm. The Illinois Department of Transportation requires the Village adopt a resolution approving the closing of Dempster Street. The resolution also authorizes the Village Engineer to file an application through the Illinois Department of Transportation for the closing of Dempster Street, Route 58, from 2:00 pm to 4:00 pm on Tuesday, .Tiny 4, 2009, for the Annual July 4 Parade. The July 4 Parade is a Morton Grove tradition, and each year a resolution is developed authorizing the parade and assuming full responsibility for the direcfion, protection, and regulation of traffic during the time the detour is in effect and all liabilities for damages of any kind occasioned by the closing of said state route. Public Works-Placement of barricades and directional information Police Department Enforcement and traffic control Overtime associated with above activities General Fund dollars will be used to support the manpower and equipment costs All Village Departments will provide their usual support for this activity Approval None required None Joseph'. Wad$, Village Administrator Public Works Reviewed by: ~ ~~~ ~ /` 'Teresa Hoffmaf I },~~on, Corporation Counsel RESOLUTION 09-19 FOURTH OF JULY PARADE CLOSURE OF DEMPSTER STREET WHEREAS, the Morton Grove Days Commission is planning a parade as part of its annual celebration at 2:30 pm on Saturday, July 4, 2009; and WHEREAS, the parade will require the closing of Dempster Street, either partially or completely between Central Avenue and Ferris Avenue from approximately 2:00 pm to 4:30 pm; and WHEREAS, the State of Illinois requires the Village to assume all responsibility and liability involved in closing of said State Route. NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MORTON GROVE, COOK COUNTY, ILLINOIS AS FOLLOWS: SECTION 1: The Corporate Authorities do hereby incorporate the foregoing WHEREAS etauses into this Resolution as though fully set forth therein thereby making the findings as heretnabove set forth. SECTION 2: That the Village will assume full responsibility for the direction, protection and regulation of traffic during the time the detour is in effect and all liabilities for damages of any kind occasioned by the closing of said State Route. It is further agreed that efficient, all weather detours will be maintained, conspicuously marked and.judiciouslypoBce patrolled for the benefit of traffrc deviated from the State Route. PASSED this 23rd day of March 2009 Trustee Brunner Trustee Kogstad Trustee Marcus Trustee Minx Trustee Staackmann Trustee Thil1 APPROVED by me This 23rd day of March 2009. Richard Krier, Village President Village of Morton Grove Cook Cowlty, Illinois APPROVED and FILED in my office 24`x' day of March 2009. Carol A. Fritzshall, Village Clerk Village of Morton Grove Cook County, Illinois Legislative Summary Resolution 09-20 AUTHORIZING THE EXECUTION OF A CONTRACT WITH COUNTY LINE NURSERIES & LANDSCAPING, INC. FOR THE 2009 TREE PLANTING PROGRAM Iutroduced: March 23, 2009 Synopsis: To authorize the Village President to execute a contract with Cotmty Line Nurseries & Landscaping, Inc. for the 2009 Tree Planting Program. Purpose: The 2009 Tree Planting Program is necessary to purchase and install trees within the Village. Background: Each year the Village contracts with a tree planting contractor to assist in the installafion az~dlor replaeetnent of trees within the Village. This contract was bid through a public process in accordance with the Village code where the contract was advertised and sealed bids were received. Programs, Departments Public Works or Groups Affected FisealImpact: The estimated contract value is $26,100.00. Since this is a unit price contract, the final contract amount will be based on the actual quultity of work performed. Source of Funds: Account #025017-552240-Tree Replacement; Account #020000-241087- Tree Refundable. Workload Impact: Tlie Ptiblic Works Department as parf of theif normal work activities performs the management and implementation of the program. Administrator Approval as presented. Recommendation: First Reading: Not required Special Considerations or None Requirements: Respectfully submitted: ~ 1' ~, t'~(6 ~ Joseph . W e, Village Adminishator Prepared by: _____ E~-.--"~.-"~`"--'~"""'" _ Reviewed by: Chris Tomich, Village Engineer Teresa Hgff~tx~an Liston, Corporation Counsel RESaLUTI01~ 09-20 AUTHORIZATION TO EXECUTE A CONTRACT WITH COUNTY LINE NURSERIES & LANDSCAPING, INC. FOR THE 2009 TREE PLANTING PROGRAM WHEREAS, the Village of Morton Grove (Village), located in Cook County, Illinois, is a home rule unit of goverm~lent under the provisions of Article 7 of the 1970 Constitution of the State of Illinois, can exercise any power and perform any function pertaining to its government affairs, including but not limited to the power to tax and incur debt; and WHEREAS, the 2009 Tree Planting Program is necessary to purchase and install trees in the Village; and WHEREAS, the Public Works Department advertised in the February 12, 2009 issue of the Pioneer Press Newspaper inviting bids on the "2009 Tree Planting Program"; and WHFRF.AS, thirteen ! 1 ,l contractors were notified of the availability of bidding materials; and WHEREAS, eleven (1 t) contractors obtained the bidding materials; and WHEREAS, seven (7) bids were received, publicly opened anIl read at the Public Works Faoility at 10:00 a.m. on Friday, March 6, 2009, with the bid results as follows: CONTRACTOR BID TOTAL County Line Nurseries & Landscaping $26,100.00 Arthur Weiler, Inc. $26,450.00 KGI Landscaping Co. $27,315.00 Casey Landscaping $28,630.00 St. Aubin Nursery & Landscaping, Inc. $29,040.00 Woodland Landscape $33,268.00 Landscape Concepts Management $47,736.00 and WHF,REAS, funding for the above work is included in the Village of Morton Grove 2009 Budget as account nwnbers 025017-552240-Tree Replacement, and 020000-24 1 0 8 7-Tree Refundable; and WHEREAS, the qualifications and availability of the low bidder, County Line Nurseries and Landscaping, Inc., have been verified. NOW, THEREFORE, BE IT RESOLVED BY THB PRESIDENT AND BOARD OF 'TRUSTEES OF THE VILLAGE OF MORTON GROVE, COOK COUNTY, ILLINOIS AS I'OLLOWS: Section 1. The Corporate Authorities do hereby incorporate the foregoing WHEREAS clauses into this Resolution as though fully set forth therein thereby making the findings as hereinabove set forth. Section 2. The Village President of the Village of Morton Grove is hereby authorized to execute and the Village Clerk to attest a contract with County Line Nurseries and Landscaping, h1c., 69691 W. Red Arrow Highway, Hartford, MI, 49057, based upon their bid for the "2004 Tree Planting Program" in the amount of $26,100.00. Section 3. The Village Administrator and the Director of PublicWorks and/or their designees are authorized to take all steps necessary to implement, supervise, and manage this contract. Section 4. That this Resolution shall be in full force and effect upon its passage and approval. PASSED this 23`d day of March 2009. ° Trustee Brunner Trustee Kogstad Trustee Marcus Trustee Minx Trustee Staackmann Trustee Thill APPROVED by me this 23rd day of March 2009. Richard Krier, Village President Village of Morton Crrove Cook County, Illinois APPROVED and PILED in my office "Phis 24t~' day of March 2009. Carol A. Pritzshall, Village Clerk Village of Morton. Grove Cook County, Illinois Legislative Summary Resolution 09-21 AUTHORIZATION TO EXECUTE SEPARATE CONTRACTS WITH ARROW ROAD CONSTRUCTION COMPANY, AND OZINGA CHICAGO RMC, INC. FOR THE 2009 MATERIAL PURCHASING PROGRAM Introduced: Synopsis: Purpose: Background: Programs, Departments or Groups Affected Fiscal Impact: Source of Funds: Workload Impact: Administrator Recommendafion: First Reading: Special Considerations or Requirements: Ma~•ch 23, 2009 To authorize the Village President to execute a contract with Arrow Road Construction Co. and Ozinga Chicago RMC, [nc. for the 2009 Material Purchasing Program. The 2009 Material Purchasing Program is necessary for the maintenance of Village Streets, and includes the purchase of hot-mix asphalt, bituminous patching mixture, and Portland cement concrete. Each year, the Village contracts with material supply contractors for the purchase of materials for projects within Morton Grove. A eanpetitive bid process in accordance with the Village's purchasing guidelines was implemented for this program. Public Works The estimated contract values axe as follows: 1. Arrow Road Construction Co. -hot-mix asphalt surface course- $24,809.82 2. Arrow Road Construction Co. -Bituminous patching mixture - $10,500.00 3. Ozinga Chicago RMC, ]nc. -class SI concrete - $53,339.62 Since all of the above contracts are unit price contracts, the final contract amounts will be based on the actual quantity of materials delivered. Motor Fuet Tax The Public Works Department, as part of their normal work activities performs the management acid implementation of the program. Approval as presented. March 23, 2009 None Respectfully submitted: ~ ,r-~'~~C~, ~/L~L~~ Josep}t%~W ~de, Village Administrator Prepared by: C..- 8' ~°"`"f Reviewed by~ / ~ ^~'4;; ;, /i Chris Tomich, Village Engineer Teresa Fio~t~ ~n iston, Corporation Counsel RESOLUTION 09-21 AUTHORIZATION TO EXECUTE SEPARATE CONTRACTS WITH ARROW ROAD CONSTRUCTION CO. AND OZINGA CHICAGO RMC, INC. FOR THE 2009 MATERIAL PURCHASING PROGRAM WHEREAS, the Village of Morton Grove (Village), located in Cook County, Illinois, is a home rule unit ofgovenunent under the provisions of Article 7 of the 1970 Constitution of the State of Illinois, and cair exercise any power and perform any function pertaining to its govenunent affairs, including but not limited to the power to tax and incur debt; and WHEREAS, the 2009 Material Purchasing Progam is necessary for the maintenance of Village streets, and includes the purchase of 435.26 tons ofhet-mix asphalt, 100 tons of bituminous patching mixture, and 558.53 cubic yards of class SI concrete; and WHEREAS, the Public Works Department advertised in the February 26 and March 5, 2009, issues of the Illinois Department of Transportation Bureau of Local Roads Contractor Bulletin inviting bids for hot-mix asphalt, bituminous patching mixture, and class SI concrete pursuant to the "2009 Material Purchasing Progratn"; and WHEREAS, the Public Works Department advertised in the February 19, 2009, issue of the Pioneer Press newspaper inviting bids for the Village of Morton Grove "2009 Material Purchasing Program"; and WHEREAS, six (6) general contractors were notified of the availability of bidding materials and seven general contractors obtained the bidding materials; and WHEREAS, fve (5) bids were received, publicly opened and read at the Public Works Facility at 10:00 a.m. on Wednesday, March 11, 2009, with thetabulatedbidresults as follows (note, in order to evaluate these bids on an equal footing, the bid prices have been adjusted to factor in the Village's cost for picking-up the material at the bidder's facility): Bid for Hot-Mix Asphalt Material Total Arrow Road Construction Co. $29,118.89 Peter Baker & Son Co. $32,209.24 Plote Consbuction L2c. $30,729.36 Bid for A~halt Patching Material Total Arrow Road Construction Co. $11,490.00 Peter Baker & Son Co. $12,800.00 Sid for Class SI Concrete Total Ozinga Chicago RMC, Inc. $53,339.62 Meyer Material Company $59,204,18 ;and WHEREAS, separate contracts will be issued for the lowest qualified bidder for each material item listed above to: Arrow Road Construction Company for Hot-Mix Asphalt and Bituminous Patching Material, and Ozinga Chicago RMC, Inc. for Class SI Concrete; and WI-IEREAS, Motor Fuei Tax funds will be used for the purchase of these materials; and WHEREAS, funding for the above work is included in the adopted Village of Morton Groves 2009 Budget as Account Nmnbers 035060-563110 for the Hot-Mix Asphalt and Bituminous Material items acid 035060-552330 for the Concrete Material; and WHEREAS, the lowest qualified bidders have performed work for the Village of Morton Grove in a satisfactory filaittlel; and WHEREAS, the qualifications and availability of the lowest qualified bidders have been verified. NOW, THEREFORE, BE IT RESOLVED SY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MORTON GROVE, COOK COUNTY, ILLINOIS AS FOLLOWS: Section 1. The Corporate. Authorities do hereby incorporate the foregoing WHEREAS clauses into this Resolution as though fully set forth therein thereby making the findings as hereinabove set forth. Section 2. The Village President of the Village of Morton Grove is hereby authorized to execute and the Village Clerk to attest to contracts with the Arrow Road Construction Company, 3401 S. Susse Rd., P.O. Box 334, Mount Prospect, IL 60056 for hot-mix asphalt and bituminous patching material, and the Ozinga Chicago RMC, hoc., 2255 S. Lumber P.0 Sox 16800, Chicago, IL 60616 for class SI concrete based upon their bids for the "2009 Material Purchasing Program." Section 3. The Village Administrator and the Director of Public Works and/or their designees are authorized to take all steps necessary to implement, supervise, and manage this contract. Section 4. That this Resolution shall be in full force and effect upon its passage and approval. PASSED this 23`d day of March 2Q09. Trustee Brumier Trustee Kogstad Trustee Marcus Trustee Minx Trustee Staackmann Trustee Thill APPROVED by me this 23`d day of March 2009 Richard Krier, Village President Village of Morton Grove Cook County, Illinois APPROVED and FILED in my office This 24"' day of March 2009. Ca~~ol A. Fritzshall, Village Clerk Village of Morton Grove Cook County, Illinois Illinois Department of Transportation Acceptance of Proposal to Furnish Materials and Approval of Award Route Various County Cook Local Agency Village of Morton Grove Section 09-00000-00-GM To Arrow Road Construction C Address 3401 S. Busse Rd, P.O. Box Mount Prospect, IL 60056 Hot-mix Asphalt Surface Course, Mix "D", N50 ~ 435.26 ~ $57.0000 ~ $24,809.82 Terms Prom the date the contract is executed until January 31, 2010. Shipping Instructions Hot-mix Asphalt Surface Course, Mix "D", N50 will be ordered by Public Works and loaded in the Village trucks at the plant. Materials shall be inspected in accordance with current Departmental policies Datelssued Approved Regional 5 copies to Regional Engineer Approved Original to Successful Bidder Municipal Clerk Highway Commissioner County Engineer /County Superintendent of Highways Page 1 of 1 B<_R 12330 (Rev. 7/05) Printed on 3/17/2009 3:50:58 PM In accordance with your ®proposal ^ quotation submitted on 3/11/2009 , a copy of which is in our files, you have been awarded the contract for furnishing the following materials required in the ^ construction ®maintenance of the above designated work: