West Cook News

City of Northlake Finance & Rules Committee of the Whole met Dec. 2

Here is the agenda provided by the committee:

A) Call to Order

B) Approval of participation by aldermen via conference bridge.

C) Roll Call

D) Review and Approve Minutes of the November 18, 2024 Regular Meeting

E) Approval of Expenditures Over One Thousand Dollars

F) Approval of Warrants and Vouchers

G) Approval of Commission Expenditures

H) UNFINISHED BUSINESS (Finance Committee May Fast Track Any of the Following Items)

I) NEW BUSINESS (Finance Committee May Fast Track Any of the Following Items)

1) Discussion and motion to approve Ordinance O-19-2024; An Ordinance Providing for the Abatement of the 2025 Through 2031 Tax Levy for the $11,735,000 General Obligation Refunding Bonds, Series 2015, of the City of Northlake, Cook County, Illinois.

2) Discussion and motion to approve Ordinance O-20-2024; An Ordinance Providing for the Abatement of the 2024 Tax Levy for the $11,735,000 General Obligation Refunding Bonds, Series 2015, of the City of Northlake, Cook County, Illinois.

3) Discussion and motion to approve Ordinance O-21-2024; An ordinance Providing for the Abatement of the 2024 Through 2033 Tax Levy for the $154,000 General Obligation Covenant Bonds (SSA No. 5), Series 2024 of the City of Northlake, Cook County, Illinois.

4) Discussion and motion to approve Ordinance O-22-2024; An Ordinance for the Levy and Assessment of 2024 Taxes Paid in the year beginning January 1, 2025 and Ending December 31, 2025 for the City of Northlake, Cook County, Illinois.

5) Discussion and motion to approve Ordinance O-23-2024; An Ordinance Adopting the Annual Budget for Calendar Year 2025 for the City of Northlake, Cook County, Illinois.

J) EXECUTIVE SESSION TO DISCUSS REAL ESTATE, PERSONNEL AND LITIGATION

K) ADJOURNMENT

https://www.northlakecity.com/wp-content/uploads/2024/11/Finance-Agenda-12-2-24.pdf