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ORDINANCE NO. 96-74 <br /> ORDINANCE ABATIl�TG LEVY <br /> GENERAL OBLIGATION BONDS <br /> SERIES OF DECEMBER 1987 <br /> WHEREAS, by Ordinance No. 87-137 passed and approved December 7, 1987, the Council <br /> caused general obligation bonds of the City to be issued and did levy therein certain sums to pay <br /> I 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, T'HEREFORE, BE IT ORDAINED BY TI� COUNCII, OF TI� CITY OF <br /> DECATUR, ILLINOIS: <br /> Section 1. That the levy for the year 1996 imposed by the provisions of Ordinance No. <br /> 87-137 in the amount of$215,400 be, and the same is hereby, abated. <br /> Section 2. That the County Clerk of the County of Macon, Illinois, be and he is hereby, <br /> directed to refrain from extending said levy for said year. <br /> Section 3. That the City Treasurer be, and she is hereby, authorized and directed to timely <br /> pay said principal and interest from other funds of the City in the amount aforesaid which said <br /> funds are hereby appropriated for said purpose. <br /> Section 4. 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 /> MAYO <br /> ATTES�': ' <br /> l � `� <br /> , <br /> __ � �_ t ���,�, �� r� � 1(,� <br /> � �. <br /> CITY CLERK <br />