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HomeMy WebLinkAboutResolution #0779 RESOLUTION N0. ~'I A RESOLUTION AUTHORIZING MANDAMUS PROCEEDINGS AGAINST HARLAN E. CROUCH, MAYOR OF THE CITY OF CANTON, ILLINOIS. WHEREAS, on June 7, 1977, the City Council of the City of Canton, Illinois adopted Resolution No. 739 indicating an intent to use Tax Increment Financing for the development of a certain area in the City of Canton; and WHEREAS, on October 4, 1977, the City Council of the City of Canton, Illinois adopted Resolution No. 746 setting a time and place for a public hearing pertaining to the review of a Redevelopment Plan, Redevelopment Projects and the designation of the Redevelopment Project Area pursuant to the requirements of the Real Property Tax Increment Allocation Redevelop- ment Act; and WHEREAS, on December 7, 1977, the City Council of the City of Canton, Illinois held a public hearing pertaining to the review of a Redevelopment Plan, Redevelopment Projects and the designation of the Redevelopment Project Area; and WHEREAS, on December 27, 1977, the City Council of the City of Canton, Illinois adopted Ordinance No. 621 approving the Tax Increment Redevelopment Plan and Redevelopment Project; and WHEREAS, on December 27, 1977, the City Council of the City of Canton, Illinois adopted Ordinance No. 622 designating the Tax Increment Redevelopment Project Area; and WHEREAS, on December 27, 1977, the City Council of the City of Canton, Illinois adopted Ordinance No. 623 adopting Tax Increment Financing; and WHEREAS, on July 5, -1978, the City Council of the City of Canton, Illinois adopted Ordinance No. 661 providing for the Issuance of $50,000 Principal Amount of Tax Allocation Bonds, Series 1978, pursuant to the provisions of the Real Property Tax Increment Allocation Redevelopment Act; and WHEREAS, on September 19, 1978, the City Council of the City of Canton, Illinois adopted Resolution No. 778 approving and confirming the sale of $50,000 Principal Amount of Tax Allocation Bonds, Series 1978, and determining the interest rates thereof; and WHEREAS, pursuant to said Resolution No. 778, the City of Canton entered into a Purchase Contract with Smith Barney, Harris Upham & Co., Incorporated for the sale to Smith Barney, Harris Upham & Co., Incorporated of $50,000 of Tax Allocation Bonds, Series 1978; and WHEREAS, the City Council of the City of Canton, Illinois has had prepared and presented to the Mayor of the City of Canton in his office bonds of the issue provided for by said Purchase Contract; and WHEREAS, the City Council of the City of Canton, Illinois has demanded and requested of the Mayor that he execute said bonds; and WHEREAS, the Mayor has refused to execute said bonds and still re- fuses to perform the duty .required of him as Mayor; and WHEREAS, the Mayor has delivered to the City Council of the City of Canton, Illinois a letter setting forth his refusal to execute said bonds, a copy of which is attached hereto and made a part hereof as Exhibit A; and WHEREAS, by reason of the foregoing, the City of Canton has been and is injured in that until and unless said bonds have been executed certain Redevelopment Projects will not be financed or constructed all to the detriment of the City of Canton, the residents and taxpayers whose taxing districts have real property in the Redevelopment Area and the citizens of the State of Illinois, all of whom will benefit from redevelopment. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CANTON, ILLINOIS, AS FOLLOWS: 1. It is hereby determined that it is necessary, desirable and to the best interests of the City of Canton that the City of Canton file a Petition praying that a Writ of Mandamus may be issued directed to Harlan E. Crouch., Mayor of the City of Canton, Illinois, commanding him to execute $50,000 of Tax Allocation Bonds, Series 1978, in the form approved by that certain Ordinance No. 661 of the City of Canton, Illinois adopted on July 5, 1978. 2. That John J. McCarthy, as attorney for the City of Canton, Illinois, is hereby authorized, empowered and directed to institute Mandamus proceedings in any court of competent jurisdiction against Harlan E. Crouch, Mayor of the City of Canton, Illinois, in accordance with the provisions of this Resolution. 3. That this Resolution shall be in full force and effect upon its passage by the City Council of the City of Canton, Illinois and approval by the Mayor thereof. PASSED by the City Council of the City of Canton, Illinois and APPROVER by the Mayor thereof this ~ 1t.~ day of ® C 70 /3 E (~ , 1978. APPROVED: MAYOR HARLAN E. CROUCH ATTEST: a-o4.f~- ~ •~ , CITY CLERK NAN S. WHITES