3-2-8: MULTIYEAR CONTRACTS:
Notwithstanding any provision of this chapter to the contrary, and pursuant to the exercising of the village home rule powers, the village board may enter into public works contracts for a term exceeding one year in order to promote efficient operations and to protect the general health, safety and welfare of the village. In such case, the village board shall include in the annual appropriation ordinance for each fiscal year an appropriation of a sum of money sufficient to pay the amount which, by the terms of the contract, is to become due and payable during the current fiscal year. (Ord. 2011-35, 9-12-2011; amd. Ord. 2013-37, 12-16-2013)