VILLAGE OF ORLAND PARK - File #: 2017-0610

• File #: 2017-0610
• Version: 1
• Name: An Ordinance Providing for the Issuance for General Obligation Refunding Bonds, Series 2017A - Ordinance
• Type: ORDINANCE
• Status: PASSED
• File created: 8/23/2017
• In control: Board of Trustees
• On agenda: 9/5/2017
• Final action: 9/5/2017
• Title: AN ORDINANCE PROVIDING FOR THE ISSUANCE OF $2,645,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2017, OF THE VILLAGE OF ORLAND PARK, COOK AND WILL COUNTIES, ILLINOIS, FOR THE PURPOSE OF REFUNDING CERTAIN OUTSTANDING BONDS OF SAID VILLAGE, PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON SAID BONDS, AUTHORIZING THE SALE OF SAID BONDS TO THE PURCHASER THEREOF, AND AUTHORIZING THE EXECUTION OF AN ESCROW AGREEMENT IN CONNECTION THEREWITH

Date	Ver.	Action By	Action	Result
9/7/2017	1	Village Clerk	PUBLISHED
9/5/2017	0	Board of Trustees
8/23/2017	0	Finance	INTRODUCED TO BOARD

Title

AN ORDINANCE PROVIDING FOR THE ISSUANCE OF $2,645,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2017, OF THE VILLAGE OF ORLAND PARK, COOK AND WILL COUNTIES, ILLINOIS, FOR THE PURPOSE OF REFUNDING CERTAIN OUTSTANDING BONDS OF SAID VILLAGE, PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON SAID BONDS, AUTHORIZING THE SALE OF SAID BONDS TO THE PURCHASER THEREOF, AND AUTHORIZING THE EXECUTION OF AN ESCROW AGREEMENT IN CONNECTION THEREWITH