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2005-14 ABATING LEVY GENERAL OBLIGATION BONDS
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2005-14 ABATING LEVY GENERAL OBLIGATION BONDS
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Last modified
12/7/2015 10:18:49 AM
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12/7/2015 10:18:48 AM
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Resolution/Ordinance
Res Ord Num
2005-14
Res Ord Title
ABATING LEVY GENERAL OBLIGATION BONDS - SERIES 2004A
Approved Date
3/7/2005
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t <br /> ORDINANCE NO. <br /> ORDINANCE ABATING LEVY <br /> GENERAL OBLIGATION BONDS <br /> SERIES 2004A <br /> WHEREAS, by Ordinance No. 2004-20 passed and approved March 15, 2004, the <br /> Council caused general obligation bonds of the City to be issued and did levy therein certain <br /> sums to pay the principal and interest on said bonds; and, <br /> WHEREAS, funds have become available from other sources to pay, in part, such interest <br /> and principal as the same becomes due and payable. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF <br /> DECATUR, ILLINOIS: <br /> Section l. That the following tax levies for interest on and principal of the indicated <br /> bonds for the year 2004, payable in the fiscal year 2005-2006, be, and the same are hereby <br /> partially abated as follows: <br /> Ordinance Number Ordinance Partial Tax <br /> and Bond Issue Levv Abatement Levv <br /> 2004-20 - General Obligation <br /> Bonds, Series 2004A $1,505,931 $614,518 $860,413 <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 2004. <br /> Section 3. That the City Clerk be, and she is hereby, authorized and directed to cause a <br /> duly certified copy of hereof to be filed with said County Clerk. <br /> PRESENTED, PASSED, APPROVED AND RECORDED this 7th day of March 2005. <br /> MAYOR PAUL OSBORNE <br /> ATTEST: <br /> CITY CLERK <br />
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