A. Place Of Deposit: The funds and money of the village shall be kept on deposit in a United States government insured financial institution as determined from time to time by the corporate authorities. There shall be one account maintained in such financial institution for all village funds, except as otherwise required by the statutes of the state of Illinois.
B. Signatures On Accounts: Authorized signers on the account or accounts of the village shall be designated by resolution of the president and board of trustees, copies of which shall be furnished the bank.
C. Bank Guarantees: Before deposits are made by the village, the bank shall furnish the village treasurer with copies of its last two (2) sworn statements of resources and liabilities which it is required to furnish the director of financial institutions or to the comptroller of the currency. The bank or other financial institution shall, thereafter and while acting as a depository for the village, furnish the village treasurer with a copy of all statements of resources and liabilities which it is required to furnish the director of financial institutions or to the comptroller of the currency. (Ord. 60-04, 5-2-1960; amd. 1998 Code)
D. Purchasing Authority: The village president and chairs of standing committees of the board of trustees, as from time to time appointed by the village president, shall have the authority to make, in the ordinary course of business, purchases of materials, supplies and services necessary for the departments, commissions or offices of the village for which they are responsible, as such expenditures are provided for in the annual appropriation ordinance, provided the cost of each such purchase does not exceed the sum of five thousand dollars ($5,000.00). Reports of all such purchases shall be made to the board of trustees not later than the second regular meeting following the date of such purchase or purchases. For all purchases over five thousand dollars ($5,000.00), the approval of the board of trustees shall first be required. (Ord. 04-02, 2-17-2004; amd. Ord. 20-06, 6-16-2020)
Any person who seeks, or is required to seek, village review and approval of any plans, plats, permits or legal documents, including, but not limited to, easements or licenses for private benefit, agreements with the village for special rights or services, a certificate of appropriateness from the historic sites commission, or similar matters requiring village review and approval, shall, in addition to any applicable permit fees, be required to reimburse the village for certain expenses and professional fees it may incur related to such review and approval, including, but not limited to, outside professional engineers, attorneys or other consultants. A deposit in the amount of the estimated expenses and fees to be incurred may be required. Expenses and fees actually incurred by the village shall be deducted from such deposit. If such deposit is exhausted, no further services shall be performed, nor shall any permit, certificate, license or approval be granted, as the case might be, until an additional deposit is made. The amount of such additional deposit shall be as reasonably determined by the board of trustees or its designee. (Ord. 15-07, 7-21-2015)
The village is authorized to establish and collect a convenience fee that shall be applied to the total payment charged to each credit or debit card transaction. The convenience fee shall be in addition to the total amount of the original fee, fine, or bill owed to the village, plus any applicable interest, penalty, or late charge. Effective January 1, 2017, the convenience fee shall equal the cost actually incurred by the village for processing the credit or debit card payment, not to exceed five dollars ($5.00). (Ord. 16-16, 12-20-2016)
A. That pursuant to 65 ILCS 11-76-4 the Village hereby establishes the following process for the declaration of surplus property in the Village (which may include equipment previously purchased by the Village, property donated by third parties and lost or abandoned property acquired by the Village in accordance with Illinois Law).
B. Each year the Village Board, through the Budget approval process, shall identify any such categories of property or equipment it deems appropriate for sale (whether due to age, functionality, lack of need for said equipment, no longer necessary or useful to the Village, etc) for that budget year.
C. The Board hereby delegates to the Chief of Police (pursuant to 65 ILCS 5/11-76-4(2) the power to determine the specific property or equipment that is appropriate for sale (whether due to age, functionality, lack of need for said equipment, no longer necessary or useful to the Village, etc) for that budget year up to an estimated value of ten thousand dollars ($10,000.00) of property or equipment per year. The fact that a particular piece of property sells for more or less than the estimate of the Chief of Police shall not affect the cumulative amount authorized per year under this ordinance.
D. The Chief of Police shall provide a list of equipment to the Village Board through a memo at least seven (7) days prior to offering for sale. Should any board member notify the Board President of an objection to a particular piece of property or equipment, that particular piece of equipment shall be removed from the offering, and, if the Chief of Police desires to do so, may be brought before the Board for a separate determination. The Chief of Police shall sell such equipment in such manner as he may designate, with or without advertising the sale, specifically including the use of the websites including, but not limited to, ebay.com. The Chief of Police is further authorized to execute any necessary agreements and documentation to utilize websites and other sale forums.
E. However, no vehicle (except vehicles sold as part of an Illinois State authorized process) shall be turned in as part of the purchase price on any purchase except upon receipt of competitive bids, after notice is published once in a newspaper of general circulation to all bidders that the article will be turned over as part of the purchase price. (Ord. 20-06, 6-16-2020)