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2002-109 ABATING LEVY
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2002-109 ABATING LEVY
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Last modified
2/29/2016 11:54:25 AM
Creation date
2/29/2016 11:54:25 AM
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Resolution/Ordinance
Res Ord Num
2002-109
Res Ord Title
ABATING LEVY GENERAL OBLIGATION BONDS SERIES OF JUNE 1998
Approved Date
12/2/2002
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� � J <br /> ORDINANCE NO. 2002-109 <br /> ORDINANCE ABATING LEVY <br /> GENERAL OBLIGATION BONDS <br /> SERIES OF JUNE 1998 <br /> WHEREAS, by Ordinance No. 98-34 passed and approved June 29, 1998, the Council <br /> caused general obligation bonds of the City to be issued and did levy therein certain sums to pay <br /> the principal and interest on said bonds; and, <br /> WHEREAS, funds other than those raised by general taacation have or will become <br /> available to timely pay such principal and interest as the same become due in fiscal year <br /> 2003-2004. <br /> NOW, THEREFORE, BE IT ORDAINED 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 2002, payable in the fiscal year 2003-2004, be, and the same are hereby abated <br /> as follows: <br /> Ordinance Number Ordinance Full Tax <br /> and Bond Issue L� Abatement Levy <br /> 98-34- General Obligation <br /> Bonds, Series 1998 $452,010 $452,010 $ 0 <br /> Section 2. That the County Clerk of the County of Macon, Illinois, be, and he is hereby <br /> authorized and directed to fully abate said levy and to not extend the same for the year 2002. <br />
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