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4RDINANCE NO.2018- 75 <br /> AN ORDINANCE ABATING THE PROPERTY TAX LEVY FOR THE CITY OF <br /> DECATUR,ILLINOIS Ft}R GENERAL QBLIGATI4N 2014 SERIES C BUNDS <br /> WHEREAS, by Ordinance No. 2010-79 passed and adopted an Navember 15, 2010, the <br /> City Council of the City of Decatur, Illinois, caused general obligation bonds of the City to be <br /> issued and did levy therein certain sums to pay principal and interest on said bonds; and <br /> WHEREAS, funds ather than those raised by general taxation have or will becarne <br /> available to timely pay such principal and interest as the same become due in �scal year <br /> comrnencing January l, 2019 and ending Decernber 31, 2019. <br /> NOW, THEREFORE, BE IT ORDANIED BY THE COUNCIL OF THE CITY OF <br /> DECATUR, ILLINOIS: <br /> Section l. That the following tax levies for interest on and principal af the indicated <br /> bonds for the year comrnencing January 1, 2019 and ending December 31, 2019,be, and the sarne <br /> are hereby abated as follows: <br /> Ordinance No and Band Issue Ordinance Tax Levy Abatement Net Tax Levy <br /> 2010-�9 GO $and Series C 2010 272,240.�0 13b,100.00 136,100.00 <br /> Section 2. That the County Clerk of the County of Macon, Illinois, be, and is hereby <br /> authorized and directed to partially abate said levy and to extend the same as sa abated for the <br /> 201$ assessed value year with property tax payable in 2019. <br /> Sectian 3, That the City C1erk be, and is hereby autharized and directed to cause a <br /> certified copy ofthis Ordinance to be filed with the County Clerk of the County of Macon, Illinais. <br /> PRESENTED, ADOPTED AND RECC}RED this 17th day of December, 2018. <br /> �� � �_ <br /> " ie Moore o1fe,May <br /> ATTEST: �J f <br /> _L�._ � <br /> Kimberl ,4lthoff, City Clerk <br />