title
RE-ESTABLISHMENT AND ADDITIONAL APPROPRIATION OF THE
SPECIAL SERVICE AREA NUMBER TWENTY-SEVEN
BROOKERIDGE DEBT SERVICE FUND
COMPANY 7100 - ACCOUNTING UNIT 7504
($5,245)
resolution
WHEREAS, the DuPage County Board had previously created Special Services Area Number Twenty-Seven Brookeridge Debt Service Fund, Company 7100 - Accounting Unit 7504, by provisions of County Ordinance OPW-003-03 on April 23, 2003; and
WHEREAS, the final debt service payment on the Special Service Area Number Twenty-Seven Debt Service Bonds was made as of January 1, 2024; and
WHEREAS, all Project costs have been paid; and
WHEREAS, a balance remains in the Area's Debt Service Fund account in the amount of $5,244.04 (FIVE THOUSAND, TWO HUNDRED FORTY-FOUR AND 04/100 DOLLARS), which amount constitutes an unappropriated cash balance; and
WHEREAS, per the attached Memorandum from the DuPage County Department of Public Works ("Public Works"), it is necessary to disburse the remaining unappropriated cash balance to current residents residing in the Area; and
WHEREAS, in order to disburse the remaining unappropriated cash balance to current residents in the area, it is necessary to re-establish and appropriate said fund in Fiscal Year 2024; and
WHEREAS, the need to provide an additional appropriation in the amount of $5,245 (FIVE THOUSAND, TWO HUNDRED FORTY-FIVE AND 00/100 DOLLARS) for the required disbursement creates an emergency within the meaning of Counties Act, Budget Division, (55 ILCS 5/6-1003).
NOW, THEREFORE, BE IT RESOLVED by the DuPage County Board that the additional appropriation in the amount of $5,245 (FIVE THOUSAND, TWO HUNDRED FORTY-FIVE AND 00/100 DOLLARS) on the attached sheet be made, and therefore re-establish the Special Service Area Number Twenty-Seven Debt Service Fund, Company 7100 - Acco...
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