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98-72 ABATING LEVY
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98-72 ABATING LEVY
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Last modified
3/15/2016 11:01:23 AM
Creation date
3/15/2016 11:01:23 AM
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Resolution/Ordinance
Res Ord Num
98-72
Res Ord Title
ABATING LEVY CORPORATE PURPOSE BONDS SERIES OF DECEMBER 1989
Approved Date
11/16/1998
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<, Y� . <br /> ORDINANCE NO. 98-72 <br /> ORDINANCE ABATING LEVY <br /> CORPORATE PURPOSE BONDS <br /> SERIES OF DECEMBER 1989 <br /> WHEREAS, by Ordinance No. 89-97 passed and approved December 11, 1989, the <br /> Council caused corporate purpose bonds of the City to be issued and did levy therein certain <br /> sums to pay the principal of and interest of 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 II <br /> DECATUR, ILLINOIS: <br /> Section 1. That the following tax levies for interest on and principal of the indicated <br /> bonds for the year 1998, payable in the fiscal yeaz 1999- 2000, be, and the same are hereby <br /> partially abated as follows: <br /> Ordinance Number Ordinance <br /> and Bond Issue Levv Abatement Abated lew <br /> 89-97 - Corporate Purpose <br /> Bonds, Series 1989 $ 521,606 $460,225 $ 61,381 <br />
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