MINUTES OF THE MEETING OF THE BOARD OF TRUSTEES

                              May 21, 2008

 

The regular meeting of the Board of Trustees of the Northwest Mosquito Abatement District was held Wednesday, May 21, 2008 at 7:30 pm.

 

There being a presence of a quorum, Daniel R. Ansani, Vice President called the meeting to order.

 

Trustees present:  Daniel R. Ansani, Vice President and Assistant Secretary; Richard A. David, Secretary and Assistant Treasurer; William Schneck, Treasurer.

 

Trustees absent: Arnold D. Kincaid, President;  Karen V. Mills, Vice President and Assistant Secretary/Treasurer.

 

Also present:  Donald Veverka, Attorney; Michael Szyska, Director.

 

The minutes of the April 2008 meeting were read. William Schneck made a motion to accept the minutes as read and Daniel R. Ansani seconded the motion.

 

The Secretary called the roll and all ayes had been cast for approval of the motion and thereby declared the motion carried.

 

The Treasurer's Report for April 2008 was presented and all checks were approved for payment.  Richard A. David made a motion to accept the report as read and Daniel R. Ansani seconded the motion.

 

The Secretary called the roll and all ayes had been cast for approval of the motion and thereby declared the motion carried.

 

Mr. Szyska mentioned a couple of items from the staff reports.  There are some vexan mosquitoes but the cold weather slowed development and is keeping the complaints down.  Mr. Szyska indicated that WNV has not been reported in Illinois yet.

 

Mr. Szyska reported that all the seasonal positions have been filled.

 

Mr. Szyska mentioned that the District did not receive the insurance quote from Gallagher before the old policies expired so the District stayed with the same insurance companies as last year.

 

Mr. Szyska mentioned that McClure Inserra & Co. has started the fiscal year end audit.

 

After discussion the Board approved the following paid holidays for seasonal employees: Memorial Day, July 4th & Labor Day.

 

William Schneck made a motion to accept the Tax Anticipation Ordinance as presented by Veverka, Rosen & Haugh, Attorneys for the District, and Richard A. David seconded the motion.

 

TAX ANTICIPATION ORDINANCE

 

     WHEREAS, NORTHWEST MOSQUITO ABATEMENT DISTRICT has levied, in the manner provided by law, taxes for the year 2008, the sum of $2,448,159.14; and,

 

     WHEREAS, due to the delay in collection of these taxes, there is not sufficient money in the Treasury of the District to meet all necessary expenses and liabilities of the District; and,

 

     WHEREAS, under these circumstances, the Board of Trustees may anticipate the collection of said taxes to the extent of seventy-five percent (75%) of the amount of said levy by the issuance and sale of warrants drawn against and in anticipation of said taxes already levied;

 

     NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE NORTHWEST MOSQUITO ABATEMENT DISTRICT:

 

     1.  That the President of the said Board of Trustees is hereby authorized to execute and sell from time to time, as funds are needed for the necessary expenses and liabilities of said District, Warrants, in One Thousand Dollar ($1,000.00) denominations, drawn against and in anticipation of taxes levied for the year 2008, in an amount not to exceed seventy-five percent (75%) of this amount of said taxes.  All of said Warrants shall be signed by the President and countersigned by the Assistant Secretary under the Seal of the District.

 

     2.  That said Warrants shall be payable to bearer and shall show upon their face that they are payable in numerical order of their issuance solely from the anticipated taxes when these anticipated taxes are collected and not otherwise.

 

     3.  Each Warrant shall bear interest, payable only out of the taxes against which it is drawn, at the rate specified in the Warrants.  Said rate of interest shall be set by the President of the time of the sale of each Warrant and shall not exceed Four and Nine Tenths Percent (4.90%) per annum from the date of its issuance until paid or until notice is given, in the manner provided by law, that payment will be made upon presentation.

 

     4.  Said Warrants shall be issued in the following form:

 

Wheeling, Illinois

 

No. ______  _____________________, 20___ $_____________

 

NORTHWEST MOSQUITO ABATEMENT DISTRICT

 

Cook County, Illinois

 

TAX ANTICIPATION ORDINANCE

 

Issued in Anticipation of Taxes Levied for the year 2008.

 

TREASURER OF NORTHWEST MOSQUITO ABATEMENT DISTRICT:

 

     From taxes collected under the tax levy for the year 2008, appropriated and levied for Corporate purposes of NORTHWEST MOSQUITO ABATEMENT DISTRICT when received by you, pay to Bearer the sum of ______________ Dollars with interest at the rate of 4.90 Percent per annum from the date hereof until the date of payment or until notice is given by publication in a newspaper or otherwise that the money for the payment of this warrant is available and that it will be paid on presentation.  All warrants issued against and in anticipation of said taxes are payable in the numerical order of their issuance solely from said taxes when collected and not otherwise.  Said warrants including this warrant, do not exceed seventy-five percent (75%) of the tax levy and shall be received by any collector of taxes in payment of the taxes against which they are issued.

 

                                      NORTHWEST MOSQUITO

                                      ABATEMENT DISTRICT

 

 

                                      By: ____________________

                                          President

 

ATTEST:

 

 

_________________________

Secretary

 

     5.  Said Warrants shall be sold at not less than par value thereof and the funds received shall be deposited with the Treasurer of the NORTHWEST MOSQUITO ABATEMENT DISTRICT.

 

     6.  When the taxes levied for the year 2008 are collected, the Treasurer of the NORTHWEST MOSQUITO ABATEMENT DISTRICT shall set apart and hold out sufficient money for the payment of the Warrants outstanding against said taxes together with interest thereon.

 

     7.  This ordinance shall take effect and be in full force from and after its passage and approval.

 

     Passed by the Board of Trustees of NORTHWEST MOSQUITO ABATEMENT DISTRICT this 21st day of May, 2008.

 

     Approved this 21st day of May, 2008.

 

 

 

                                      ____________________________

                                      Vice-President of the Board of

                                      Trustees of NORTHWEST MOSQUITO

                                      ABATEMENT DISTRICT

 

 

ATTEST:

 

 

______________________

Secretary

 

Mr. Veverka mentioned that the Prevailing Wage Ordinance will be passed at the June meeting.

 

There being no further business to come before the Board a motion was made to adjourn and it passed unanimously.

 

 

____________________________

Vice President

 

 

_______________________

Secretary