A. With the passage of Public Act 102-0740, effective January 1, 2023, that amended certain provisions of the Illinois Foreign Fire Insurance License Fee Act, a division of the Illinois Municipal Code (65 ILCS 5/11-10) and the adoption of Ordinance No. 23-3132, the corporate authorities of the Village have created the Western Springs Foreign Fire Insurance Board. The object and sole function of this Foreign Fire Insurance Board is to provide all needful rules and regulations governing its officers and its operation, and to manage the monies received from fire insurance companies to be used for the maintenance, use and benefit of the Fire Department in accordance with 60 ILCS 5/11-10 (“Western Springs Foreign Fire Insurance Tax Fund”).
B. The Western Springs Foreign Fire Insurance Tax Fund is hereby created and shall consist of all fees collected from fire insurance companies under the Foreign Fire Insurance License Fee Act by the Western Springs Foreign Fire Insurance Board. The Fund shall be managed, maintained and overseen by the Western Springs Foreign Fire Insurance Board and shall be used for the maintenance, use and benefit of the Fire Department.
C. The Foreign Fire Insurance Board shall include the Fire Chief, who shall hold office by virtue of rank, and six (6) members, who shall be elected at large by the sworn members of the Fire Department. The Board shall consist of these seven (7) trustees, comprised the Fire Chief and six (6) trustees who are elected annually from among the sworn members of the Fire Department, and shall serve for terms of one (1) year.
D. The officers of this Board shall consist of a Chairperson, Secretary and Treasurer, and any other offices deemed necessary by the members of the Board. These officers shall be elected at an annual meeting established by Board rules. A vacancy occurring in an office shall be filled through election at a Board meeting which shall be held within two (2) weeks of the occurrence of the vacancy. If the office of Treasurer becomes vacant, the Chairperson shall assume those duties until a new Treasurer is elected. (Ord. 23-3132, 4-24-2023)