HomeMy WebLinkAbout122-87 BEFORE THE TOWN COUNCIL OF THE TOWN OF DANVILLE
In the Matter of: )
)
Amending ~he Municipal Code )
in Regard to the Timing of ) ORDINANCE NO. 122
Applications and Approvals )
for Public Improvement )
Reimbursement Agreements )
)
The Town Council of the Town of Danville does ordain as
follows:
SECTION 1. Subsection e. of Section 9-103 (relating to public
improvement reimbursement agreements) of the Danville Municipal
Code is amended to read as follows:
"e. Timinq. A financing party may not request
and the Town Council may not approve a public improve-
ment reimbursement agreement after the date construc-
tion begins on a public improvement, except that if the
improvement is financed through the levy of a special
assessment, the request may be made at any time and the
agreement may be approved concurrently with, or at any
time after, the levy of the assessment."
SECTION 2. Effective Date.
This ordinance becomes effective 30 days after its
adoption.
SECTION B. Publication.
The City Clerk shall either a) have this ordinance
published once within 15 days after adoption in a newspaper of
general circulation or b) have a summary of this ordinance
published twice in a newspaper of general circulation, once five
days before its adoption and again within 15 days after adoption.
The foregoing ordinance was introduced at a meeting of
the Town Council of the Town of Danville held on July 6
1987, and was adopted and ordered published at a meeting of the
Council held on August 3, , 1987, by the following vote:
AYES: Kennett, Lane, McNeely, 0ffenhartz, Schlend0rf
~;OZS: None
.~o~_~ ·: None
I~YOR
ATTEST:
TO~WN C~LE K~