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95-80 ABATING LEVY
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95-80 ABATING LEVY
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Last modified
3/24/2016 8:18:48 AM
Creation date
3/24/2016 8:18:48 AM
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Resolution/Ordinance
Res Ord Num
95-80
Res Ord Title
ABATING LEVY CORPORATE PURPOSE BONDS SERIES OF DECEMBER, 1989
Approved Date
12/18/1995
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ORDINANCE NO. 95-80 <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 Council <br /> caused corporate purpose 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, 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 bonds <br /> for the year 1995, payable in the years 1996 and 1997, be, and the same are hereby partially abated <br /> as follows: <br /> Ordinance Number Ordinance <br /> and Bond Issue Lev Abatement Abated Levv <br /> 89-97 - Corporate Purpose <br /> Bonds, Series 1989 $614,950 $188,250 $426,700 <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 /> 1995. <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 18th day of December, 1995. <br /> �-- <br /> /_' <br /> � <br /> � j <br /> TERRY . HO���XOR <br /> ATTEST: <br /> TY CLERK <br />
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