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2006-116 ABATING LEVY GENERAL OBLIGATION BONDS
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2006-116 ABATING LEVY GENERAL OBLIGATION BONDS
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Last modified
10/19/2015 1:56:24 PM
Creation date
10/19/2015 1:56:24 PM
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Resolution/Ordinance
Res Ord Num
2006-116
Res Ord Title
ABATING LEVY GENERAL OBLIGATION BONDS SERIES 2004A
Approved Date
12/4/2006
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. • . ' <br /> ORDINANCE NO. 2006-116 <br /> ORDINANCE ABATING LEVY <br /> GENERAL OBLIGATION BONDS <br /> SERIES 2004A <br /> WHEREAS, by Ordinance No. 2004-20 passed and approved on March 15, 2004, the <br /> Council caused general obligation bonds of the City to be issued a d did levy therein certain <br /> sums to pay the principal and interest on said bonds; and, <br /> WHEREAS, funds other than those raised by gener�l taxa�ion ha��e or will become <br /> available to timely pay such principal and interest as the same beco e due in fiscal year 2007- <br /> 2008. <br /> NOVV, THEREFORE, BE IT ORDAINED BY THE CO CIL 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 2006, payable in the fiscal year 2007-2008, be, and the same are hereby <br /> abated as follows: <br /> Ordinance Number Ordinance P rtial Tax <br /> and Band Issue Levy Ab ement Le��v <br /> 2004-20 - General Obligation <br /> Bond, Series 2004A $853,788 $1 0,000 $733,788 <br /> `+ection 2. That the County Clerk of the County of Macon, Il inois, be, and he is hereby <br /> autl:orized ar�d directF.;d to fully abate said levy and to not extend the s me for the year 2006. <br /> Section 3. That the City Clerk be, and she is hereby, authori ed and directed to cause a <br /> certified copy c�f this ordinance to be filed with said County Clerk. <br /> PRESENTr,D, P��SSED, APPROVED, AN RECORDED is 4`" day of December, <br /> 20!16. <br /> �.u� �- �...�,. <br /> ATT T: PAUL OSBORNE, MAY R <br /> .-----. ��' <br /> .�-��-C�_.�� - ��'�2-��lS <br /> CITY CLERKC <br />
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