MOTION FOR SPECIAL MEETING OF DECEMBER 11, 2014
Title
MOTION to increase the Reserve Claim Fund
Body
I move that the District increase the Reserve Claim Fund authorized by 70 ILCS 2605/12 towards the statutory maximum authorized by law and to annually levy upon all taxable property within its corporate limits a tax not to exceed .005% of the assessed valuation of said taxable property as equalized and determined for State and local taxes; provided, however, that the aggregate amount which may be accrued in such reserve fund shall not exceed .05% of such assessed valuation.
Dated: December 11, 2014
_______________________________
Commissioner
(Motion D)