EXTRACT OF MINUTES of a regular public meeting of the President and Board of Trustees of the Village of Romeoville, Will County, Illinois, held at the Village Hall, 1050 West Romeo Road, Romeoville, Illinois, at 6:00 p.m., on the 17th day of August, 2016.
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: Trustee Palmiter, Trustee Chavez, Trustee Clancy, Trustee Micklevitz, Trustee Griffin
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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: None
No Trustee was not permitted 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: Trustee Richards
The President and Board of Trustees then discussed an advance refunding of certain outstanding General Obligation Bonds, Series 2009, of the Village and considered an ordinance providing for the issuance of General Obligation Refunding Bonds, Series 2016A, of the Village of Romeoville, Will County, Illinois, authorizing the execution of one or more bond orders and providing for the levy and collection of a direct annual tax for the payment of the principal of and interest on said bonds. The discussion noted that the proposed borrowing is authorized without referendum approval under the home rule powers of the Village, as supplemented by the Illinois Municipal Code, including, particularly, the Local Government Debt Reform Act, as supplemented and amended, and the other Omnibus Bond Acts, as amended, that the ordinance authorizes certain officers of the Village to execute documents and ...
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