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96-08 ABATING LEVY
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96-08 ABATING LEVY
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Last modified
3/23/2016 2:30:10 PM
Creation date
3/23/2016 2:30:10 PM
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Resolution/Ordinance
Res Ord Num
96-08
Res Ord Title
ABATING LEVY GENERAL OBLIGATION BONDS SERIES OF DECEMBER 1995
Approved Date
2/13/1996
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ORDINANCE NO. 96-08 <br /> ORDINANCE ABATING LEVY <br /> GENERAL OBLIGATION BONDS <br /> SERIES OF DECEMBER. 1995 <br /> WHEREAS, by Ordinance No. 95-77 passed and approved December 18, 1995, the <br /> Council caused general obligation bonds of the City to be issued and did levy therein <br /> certain sums to pay the principal of and interest on said bonds; and, <br /> WHEREAS, funds other than those raised by general taxation have or will become <br /> available to timely pay such principal and interest as the same become due in 1996 and <br /> 1997. <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 1995, payable in the years 1996 and 1997, be, and the same are hereby <br /> partially abated as follows: <br /> Ordinance Number Ordinance <br /> and Bond Issue Lev� Abatement Abated Lew <br /> 95-77 - General Obligation <br /> Bonds, Series 1995 $1,444,743 $ 407,581 $1,037,162 <br /> Section 2. That the County Clerk of the County of Macon, Illinois, be, and he is <br /> hereby, authorized and directed to abate in part said levies and to extend the same as so <br /> abated for the year 1995. <br /> Section 3. That the City Clerk be, and she is hereby, authorized and directed to <br /> cause a certified copy of this ordinance to be filed with said County Clerk. <br /> PRESENTED, PASSED, APPROVED AND RECORDED this 13th day of February, <br /> 1996. �- <br /> / �-�'`� <br /> ��. <br /> TE M. HOWL � <br /> � <br /> ATT� T: ._,,.___.-�_ <br /> � ; , . C��-- �, �s,, � ,� <br /> �' � �, ,��..� � � �:� ���r <br /> y ! ITY CI� ' /1 <br /> G����'�� /�'�;, /7 d�-�'2. .' / <br /> '�.�_ij�C��C �.,(_=�.c _. (?��Gc� <br /> � � �� <br />
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