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ORDINANCE N0.2006-114 <br /> ORDINANCE ABATING LEVY <br /> GENERAL OBLIGATION REFUNDING B NDS <br /> ' SERIES 2005 <br /> WHEREAS, by Ordinance No. 2005-88 passed and approv d October 17, 2005, the <br /> Council caused general obligation refunding bonds of the City to be i�ssued and did levy therein <br /> certain sums to pay the principal and interest on said bonds; and, <br /> WHEREAS, funds other than those raised by general taxa ion have 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 /> NOW. THEREFORE, BE IT ORDAINED BY THE COUNiCIL 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 Full Tax <br /> and Bond Issue Levy Abatemen Levv <br /> 2005-88 - General Obligation <br /> Refunding Bonds, Series 2005 $161,650 $161,650 $ 0 <br /> Section 2. That the County Clerk of the County of Macon, Illinois, be and he is hereby, <br /> authorized and directed to abate in part said levies and to extend the same as so abated for the <br /> year 2COG. <br /> S�ction 3. Thut the City Clerk be, and she is hereb�-, authori ed and directed to cause a <br /> �ertified copy of this oidinance to be filed with said Cc�unty Clerk. <br /> PRF,SLNTED, i'ASSED, APPROVED. A RECORDED is 4zh day of December, <br /> 2006. <br /> (� 9 <br /> C� <br /> AT'T��: PAUI.. QSBORNE, MA OR <br /> � <br /> !������� - �-2-�� <br /> CITY CLERK <br />