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ORDINANCE NO. 2022– <br /> AN ORDINANCE ABATING THE PROPERTY TAX LEVY FOR THE CITY OF <br /> DECATUR,ILLINOIS FOR GENERAL OBLIGATION 2022 SERIES BONDS <br /> WHEREAS,by Ordinance No.2022-05 passed and adopted on February 22,2022,the City <br /> Council of the City of Decatur, Illinois, caused general obligation bonds of the City to be issued <br /> and did levy therein certain sums to pay principal and interest on said bonds; and <br /> WHEREAS, funds other than those raised by general taxation have or will become <br /> available to timely pay such principal and interest as the same become due in fiscal year <br /> commencing January 1, 2023 and ending December 31,2023. <br /> NOW, THEREFORE, BE IT ORDANIED BY THE COUNCIL OF THE CITY OF <br /> DECATUR, ILLINOIS: <br /> Section 1. That the following tax levies for interest on and principal of the indicated <br /> bonds for the year commencing January 1,2023 and ending December 31, 2023,be,and the same <br /> are hereby abated as follows: <br /> Ordinance No and Bond Issue Ordinance Tax Levy Abatement Net Tax Levy <br /> 2022-05 GO Bond 2022 Series 1,820,600.00 1,820,600.00 0.00 <br /> Section 2. That the County Clerk of the County of Macon, Illinois, be, and is hereby <br /> authorized and directed to fully abate said levy and to extend the same as so abated for the 2022 <br /> assessed value year with property tax payable in 2023. <br /> Section 3. That the City Clerk be, and is hereby authorized and directed to cause a <br /> certified copy of this Ordinance to be filed with the County Clerk of the County of Macon,Illinois. <br /> PRESENTED,ADOPTED AND RECORED this 19th day of December 2022. <br /> 11 1 <br /> /11I—e-119--A t��k <br /> Ju Moore Wolfe,Mayor <br /> ATTEST: <br /> r <br /> f f <br /> r <br /> Kim er. Alt ff, ity Clerk <br />