EXTRACT OF MINUTES of a regular public meeting of the President and Board of Trustees of the Village of Romeoville, Will County, Illinois, (the "Village") held at the Village Hall located at 1050 West Romeo Road, in said Village, at 6:10 p.m., on the 5th day of June, 2019
The President called the meeting to order and directed the roll to be called.
Upon the roll being called, John D. Noak, the President, and the following Trustees answered physically present at said location:
The following were absent:
* * *
(Other Business)
The President then announced that the next agenda item for the President and Board of Trustees was a request by Lewis University (the "University") that the Village assist the University by authorizing (i) the execution and delivery of of a Tax Exemption Certificate and Agreement relating to the potential tax "reissuance" treatment for federal income tax purposes of the Village of Romeoville, Will County, Illinois Revenue Refunding Bond (Lewis University), Series 2018A (the "Bond"), (ii) the execution and delivery of an Information Return for Private Activity Bonds, Form 8038 and (iii) the execution and delivery of any other documents necessary or appropriate to effect the matters related to the potential tax "reissuance" treatment for federal income tax purposes of the Bond (collectively, the "Village Documents"). The Village, by reason of being a home rule unit pursuant to Section 6 of Article VII of the 1970 Constitution of the State of Illinois, has the power to authorize the execution and delivery of the Village Documents relating to the potential tax "reissuance" treatment for federal income tax purposes of the Bond. The President and Board of Trustees further discussed an ordinance authorizing the execution and delivery authorizing certain documents and actions in connection therewith; Thereupon, Trustee __________ presented the following ordinance:
ORDINANCE NUMBER _______
AN ORDINANCE AUTHORIZ...
Click here for full text