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File #: 190153    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 4/1/2019 In control: Village Board of Trustees
On agenda: Final action: 4/18/2019
Title: Ordinance Amending the Village’s Fiscal Year 2019 Budget Ordinance Ordinance amending the Fiscal Year 2019 budget. Staff requests that the Village Board approve the ordinance amending the Village's Fiscal Year 2019 Budget Ordinance, to provide for an appropriation in regard to the payment required by the Contingent TIF Payment Agreement between the Village and the Lombard Public Facilities Corporation, approved on March 8, 2018 pursuant to Resolution No. 19-18, in the event that the Village and the Lombard Public Facilities Corporation have not entered into a TIF Redevelopment Agreement on or before September 15, 2019. (2/3 Vote Required)
Attachments: 1. BOT 4-4-2019 Leg#190153.pdf, 2. Cover Page 190153.pdf, 3. Ordinance 7651 Amending Fiscal Year Budget 2019.pdf, 4. Cover Page 190153.pdf

Title

Ordinance Amending the Village’s Fiscal Year 2019 Budget Ordinance

Ordinance amending the Fiscal Year 2019 budget.  Staff requests that the Village Board approve the ordinance amending the Village's Fiscal Year 2019 Budget Ordinance, to provide for an appropriation in regard to the payment required by the Contingent TIF Payment Agreement between the Village and the Lombard Public Facilities Corporation, approved on March 8, 2018 pursuant to Resolution No. 19-18, in the event that the Village and the Lombard Public Facilities Corporation have not entered into a TIF Redevelopment Agreement on or before September 15, 2019.  (2/3 Vote Required)

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