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94-86 ABATING LEVY GENERAL OBLIGATION BONDS SERIES OF DECEMBER, 1987
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94-86 ABATING LEVY GENERAL OBLIGATION BONDS SERIES OF DECEMBER, 1987
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8/10/2016 2:08:55 PM
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Resolution/Ordinance
Res Ord Num
94-86
Res Ord Title
ABATING LEVY GENERAL OBLIGATION BONDS SERIES OF DECEMBER, 1987
Approved Date
12/19/1994
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ORDINANCR NO. � �— O � <br /> ORDIPIANCS ABATING LFVY <br /> GENSRAL OBLIGATION BONDS <br /> SFRISS OF DfiCEMBER, 1987 <br /> WHEREAS, by Ordinance No. 87-137 passed and approved December 7, 1987, the <br /> Council caused general obligation bonds of the City to be issued and did levy <br /> therein 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 <br /> become available to timely pay such principal and interest as the same become <br /> due in 1994 and 1995. <br /> NOW, THEREFORE, BE IT ORDAINSD BY THE COUNCIL OF THE CITY OF DECATUR, <br /> ILI,INOIS: <br /> Section 1. That the levy for the year 1994 imposed by the provisions of <br /> Ordinance No. 87-137 in the amount of $245,200 be, and the same is hereby, <br /> abated. <br /> Section 2. That the County Clerk of the County of Macon, Illinois, be and <br /> he is hereby, directed to refrain from extending said levy for said year. <br /> Section 3. That the City Treasurer be, and she is hereby, authorized and <br /> directed to timely pay said principal and interest from other funds of the City <br /> in the amount aforesaid which said funds are hereby appropriated for said <br /> puxpose. <br /> Section 4. That the City Clerk be, anc3 she is hereby, authorized and <br /> directed to cause a certified copy of this ordinance to be filed with said <br /> County Clerk. <br /> PRESENTED, PASSED, APPROVED AND RFCORDED this / / � day of <br /> , 1994. <br /> � „ <br /> 1� �`r,P;j%�;��"�� f R __, <br /> �. , <br /> -�,v'r; � ��`,.�..,� ,;; <br /> MAYOR <br /> �/ <br /> ATTEST: <br /> � <br /> CITY CLERK ' <br />
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