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96-76 ABATING LEVY
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96-76 ABATING LEVY
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Last modified
3/21/2016 11:57:18 AM
Creation date
3/21/2016 11:57:17 AM
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Resolution/Ordinance
Res Ord Num
96-76
Res Ord Title
ABATING LEVY GENERAL OBLIGATION BONDS SERIES OF AUGUST, 1991
Approved Date
12/2/1996
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ORDINANCE NO. 96-76 <br /> ORDINANCE ABATING LEVY <br /> GENERAL OBLIGATION BONDS <br /> SERIES OF AUGUST, 1991 <br /> WHEREAS, by Ordinance No. 91-58 passed and approved August 19, 1991, the Council <br /> caused general obligation bonds of the City to be issued and did levy therein certain sums to pay <br /> the principal of and interest on said bonds; and, <br /> WHEREAS, funds other than those raised by general taxation have or will become available <br /> to timely pay such principal and interest as the same become due in 1997 and 1998. <br /> NOW, TI�REFORE, BE IT ORDAINED BY TI� COUNCII, OF THE CITY OF <br /> DECATUR, II.LINOIS: <br /> Section 1. That the following tax levies for interest on and principal of the indicated bonds <br /> for the year 1996, payable in the year 1997, be, and the same are hereby abated as follows: <br /> Ordinance Number Ordinance Full <br /> and Bond Issue Lev� Abatement Le�v r <br /> 91-58 - General Purpose <br /> Bonds, Series 1991 $1,280,425 $ 1,280,425 $ 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 1996. <br /> Section 3. That the City Clerk be, and she is hereby, authorized and directed to cause a <br /> certified copy of this ordinance to be filed with said County Clerk. <br /> PRESENTED,PASSED, APPROVED AND RECORDED this 2nd day of December, 1996. <br /> AT . �,, ` �/ <br /> i/ <br /> - � ���`��� �_?`-`� �! L ��S <br /> CITY CLERK <br />
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