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R91-27 AMENDING RESOLUTION REGARDING APPROPRIATION OF FUNDS
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R91-27 AMENDING RESOLUTION REGARDING APPROPRIATION OF FUNDS
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7/26/2016 11:04:02 AM
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7/26/2016 11:04:02 AM
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Resolution/Ordinance
Res Ord Num
R91-27
Res Ord Title
AMENDING RESOLUTION REGARDING APPROPRIATION OF FUNDS FOR PAYMENT OF PRINCIPAL AND INTEREST ON GENERAL OBLIGATION BONDS - GARFIELD OVERPASS
Approved Date
3/18/1991
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; A <br /> f <br /> v�, <br /> RESOLUTION NO. R � -� <br /> RESOLUTION AMENDING RESOLUTION REGARDING <br /> APPROPRIATION OF FUNDS FOR PAYMENT OF PRINCIPAL <br /> AND INTEREST ON GENERAL OBLIGATION BONDS <br /> - GARFIELD OVERPASS - <br /> BE IT RESOLVED BY THE COUNCIL OF THE CITY OF DECATUR, <br /> ILLINOIS: <br /> Section l . That Resolution No. R88-06 be, and the same is <br /> hereby, modified and amended, as follows: <br /> (a) that the fourth paragraph of the preamble of said <br /> Resolution be modified so that, as so modified, said paragraph <br /> provides as follows : <br /> "WHEREAS, the levy of said general taxes for the <br /> years 1986, 1987 and 1988 as provided by said ordinance <br /> have been abated in the amount of $1 , 344 , 737 . 50 of which <br /> amount $658 , 652 .43 is for such principal of and interest <br /> on that portion of the bonds the proceeds of which apply <br /> to said repair and refurbishing. " <br /> (b) that Section 1 of said Resolution be modified so that, <br /> as so modified, said paragraph provides as follows: <br /> "Section 1. That the sum of $233 , 188 . 50 be, and <br /> the same is hereby, appropriated from the allotment of <br /> Motor Fuel Tax Funds of the City to pay principal and <br /> interest to become due in calendar 1988 and 1989 on <br /> those bonds of the City issued to pay for the repair and <br /> refurbishing of Garfield Overpass as aforesaid. " <br /> Section 2. That except as modified by the provisions <br /> hereof, said Resolution No. R88-06 shall continue in full force <br /> and effect. <br /> PRESENTED AND ADOPTED this 18th of M rch 1991 . <br /> GARY K. ANDERSON <br /> MAYOR <br /> ATTEST: <br /> � <br /> CI Y ER <br />
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