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Lake County, IL
File #: 25-0803    Version: 1 Name: Resolution approving the Trustee in dissolution plan for the dissolution of the Slocum Lake Drainage District.
Type: resolution Status: Passed
File created: 5/30/2025 In control: Financial & Administrative Committee
On agenda: Final action: 6/10/2025
Title: Resolution approving the Trustee-in-Dissolution plan for the dissolution of the Slocum Lake Drainage District.
Attachments: 1. 05.15.25 Report of Trustee in Dissolution - DRAFT, 2. 05.16.25 Letter on Report of Trustee

Title

Resolution approving the Trustee-in-Dissolution plan for the dissolution of the Slocum Lake Drainage District.

 

Staff Summary

                     The County Board approved an Ordinance Authorizing the Dissolution of the Slocum Lake Drainage District at their meeting on November 12, 2024.

                     The Authorizing Ordinance set forth final steps in the formal dissolution of the District and provided for the appointment of a Trustee-in-Dissolution.

                     Chapter 55 of the Illinois Compiled Statutes §5/5-44030 provides for the powers and duties of the Trustee-in-Dissolution to present a plan for the consolidation and dissolution of the unit of local government to the County Board for its approval.

                     Attorney Bryan Winter of Fuqua Winter Ltd, appointed as the Trustee-in-Dissolution, has prepared the draft Report of Trustee-In-Dissolution of the Slocum Lake Drainage District for County Board approval.

                     It is anticipated that the final dissolution will occur at a court date in July 2025.

 

Body

RESOLUTION

 

WHEREAS, the County Board approved an Ordinance Authorizing the Dissolution of the Slocum Lake Drainage District at their meeting on November 12, 2024; and

 

WHEREAS, the Authorizing Ordinance set forth final steps in the formal dissolution of the District and provided for the appointment of a Trustee-in-Dissolution; and

 

WHEREAS, Chapter 55 of the Illinois Compiled Statutes §5/5-44030 provides for the powers and duties of the Trustee-in-Dissolution to present a plan for the consolidation and dissolution of the unit of local government to the County Board for its approval.

 

NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that the Report of the Trustee-In-Dissolution of the Slocum Lake Drainage District be approved and filed for final dissolution in the Circuit Court of the Nineteenth Judicial Circuit Court of Illinois.

 

DATED at Waukegan, Illinois, on June 10, 2025.