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96-75 ABATING LEVY
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96-75 ABATING LEVY
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Last modified
3/21/2016 11:58:04 AM
Creation date
3/21/2016 11:58:04 AM
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Resolution/Ordinance
Res Ord Num
96-75
Res Ord Title
ABATING LEVY CORPORATE PURPOSE BONDS SERIES OF DECEMBER, 1989
Approved Date
12/2/1996
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ORDINANCE NO. 96-75 <br /> ORDINANCE ABATIl�tG LEVY <br /> CORPORATE PURPOSE BONDS <br /> SERIES OF DECEMBER 1989 <br /> WHEREAS, by Ordinance No. 89-97 passed and approved December 11, 1989, the Council <br /> caused corporate pwpose 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 have become available from other sources to pay, in part, such interest <br /> and principal as the same becomes due and payable. <br /> NOW, TI�REFORE, BE IT ORDAINED BY TI� COUNCII, OF THE CITY OF <br /> DECATUR, ILLINOIS: <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 partially abated as follows: <br /> Ordinance Number Ordinance <br /> and Bond Issue Levy Abatement Abated Levy <br /> 89-97- Corporate Purpose <br /> Bonds, Series 1989 $584,080 $451,320 $132,760 <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 year <br /> 1996. <br /> Section 3. That the City Clerk be, and she is hereby, authorized and directed to cause a duly <br /> certified copy of hereof to be filed with said County Clerk. <br /> PASSED AND ADOPTED this 2nd day of December, 1996. <br /> ATTEST: <br /> / � , <br /> ��-(� �� a�_ � '�` r!2 �c S <br /> � � , � <br /> CITY CLERK <br />
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