R E S O L U T I O N

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A RESOLUTION AUTHORIZING ADOPTION OF ADDITIONS AND AMENDMENTS

TO THE VILLAGE OF LOMBARD FINANCIAL POLICIES

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WHEREAS, the Corporate Authorities of the Village of Lombard previously approved by Resolution 63-88 various financial policies approved by the Village Finance Committee, and

WHEREAS, Resolution 63-88 has in the past been amended by Resolutions 64-88, 13-94, 47-95, 58-95, 14-96, 98-96, 50-97, 97-98, and 71-00, and

WHEREAS, the Finance Committee has reviewed and recommended to the Corporate Authorities additions or amendments to the policies as attached hereto and marked Exhibit "A" and;

WHEREAS, these policies contribute to the continuity and credibility of administering public funds;

WHEREAS, the Corporate Authorities deem it to be in the best interest of the Village of Lombard to approve such policies.

NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LOMBARD, DU PAGE COUNTY, ILLINOIS as follows:

Section  1:  That the amendments to the Village of Lombard Financial Policies are hereby approved.

Section 2:  That the Director of Finance is hereby directed to implement said policies as approved.

Adopted this _____ day of _______________________________________________, 2001

Ayes:                     

Nays:                     

Absent:                     

Approved this _____ day of ______________________________________________, 2001

                     ____________________________________________

                     William J. Mueller

                     Village President

ATTEST:

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Suzan L. Kramer

Village Clerk

APPROVAL AS TO FORM:

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Thomas P. Bayer

Village Attorney

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