Executive Summary: | Request from the Community Associations Institute Illinois Chapter to hold a raffle on August 14, 2024 at 1821 Walden Office Square, Suite 100. Tickets will sell for 5 for $20. The total dollar amount of prizes awarded is a 50/50 raffle. Community Associations Institute of Illinois carries Directors and Officers insurance, which includes Crime and Fidelity coverage, so they are requesting a waiver of the fidelity bond requirement from the Village Board. | Recommended Action: | The Village Manager recommends the Village Board approve the request from Community Associations Illinois Chapter to hold a raffle on August 14, 2024 at 1821 Walden Office Square, Suite 100, and to waive the fidelity bond requirement. |
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