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97-96 ABATING LEVY
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97-96 ABATING LEVY
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Last modified
3/16/2016 11:46:16 AM
Creation date
3/16/2016 11:46:16 AM
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Resolution/Ordinance
Res Ord Num
97-96
Res Ord Title
ABATING LEVY CORPORATE PURPOSE BONDS SERIES OF DECEMBER 1989
Approved Date
11/3/1997
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< � � <br /> ORDINANCE NO. 97-96 <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 <br /> DECATUR, ILLINOIS: <br /> Section 1. That the following tax levies for interest on and principal of the indicated <br /> bonds for the year 1997, payable in the fiscal year 1998-1999, be, and the same are hereby <br /> partially abated as follows: <br /> Ordinance Number Ordinance <br /> and Bond Issue LevX Abatement Abated levv <br /> 89-97 - Corporate Purpose <br /> Bonds, Series 1989 $ 552,966 $ 469,825 $ 83,141 <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 1997. <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 /> �ASSED AND ADOPTED this 3rd day of November, 199 <br /> MAY <br /> ATTEST: <br /> . ' � � <br /> � ! / <br /> �,�'� �_ ��- �{/�C.� <br /> CITY C ERK <br />
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