2002-110 ABATING LEVY - Laserfiche WebLink

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ORDINANCE NO. 2002-110 ORDINANCE ABATING LEVY GENERAL OBLIGATION REFUNDING BONDS SERIES 2000 WHEREAS, by Ordinance No. 2000-02 passed and approved on February 7, 2000, the Council caused general obligation refunding bonds of the City to be issued and did levy therein certain sums to pay the principal and interest on said bonds; and, WHEREAS, funds other than those raised by general taxation have or will become avail- able to timely pay such principal and interest as the same become due in fiscal year 2003-2004. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF DECATUR, ILLINOIS: , Section 1. That the following tax levies for interest on and principal of the indicated bonds for the year 2002, payable in the fiscal year 2003-2004,be, and the same are hereby abated , as follows: Ordinance Number Ordinance Full Tax and Bond Issue Lev Abatement Levv 2000-02 - General Obligation Refunding Bonds, Series 2000 $2,161,908 $2,161,908 $0 Section 2. That the County Clerk of the County of Macon, Illinois, be, and he is hereby authorized and directed to fully abate said levy and to not extend the same for the year 2002.