Section 4-406. Permits; franchises; filing; duty of clerk

Duplicate
  originals of every resolution, certificate or other instrument whereby a
  village, or any board or officer thereof, grants a franchise,  including
  a  privilege  or  consent  of  any kind, to a public service corporation
  shall be executed  and  deposited  with  the  village  clerk;  and  such
  franchise  shall not be operative for any purposes until so executed and
  deposited.  The village clerk, upon receiving the same, shall  file  one
  such  duplicate in his office with the records and papers of the village
  and shall immediately cause the other to be filed in the office  of  the
  clerk of the county in which the village is situated.