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n <br /> ORDINANCE NO. -79 <br /> ORDINANCE ABATING 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 /> 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 1995 and 1996. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF <br /> DECATUR, ILLINOIS: <br /> Section 1. That the levy for the year 1995 imposed by the provisions of Ordinance No. <br /> 87-137 in the amount of$230,400 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 18th day of December, <br /> 1995. <br />' ,..�_.. <br /> �-��'L - <br /> TERRY . WLEY, MA <br /> ATTEST: <br /> ����� <br /> TY CLERK <br />