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91-88 ABATING LEVY GENERAL OBLIGATION BONDS SERIES OF DECEMBER, 1982
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91-88 ABATING LEVY GENERAL OBLIGATION BONDS SERIES OF DECEMBER, 1982
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Resolution/Ordinance
Res Ord Num
91-88
Res Ord Title
ABATING LEVY GENERAL OBLIGATION BONDS SERIES OF DECEMBER, 1982
Approved Date
12/16/1991
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ORDINANCE NO. �/-' V � <br /> ORDINANCE ABATING LfiVY <br /> GENERAL OBLIGATION BONDS <br /> SERIES OF DECEMBER, 1982 <br /> WHEREAS, by Ordinance No. 82-117 passed and approved December 7, <br /> 1982, the Council caused general obligation bonds of the City to be <br /> issued and did levy therein certain sums to pay the principal of and <br /> interest on said bonds; and, <br /> WHFsREAS, funds other than those raised by general taxation have or <br /> will become available to timely pay such principal and interest as the <br /> same become due in 1993. <br /> NOW, THfiREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF <br /> DECATCTR, ILLINOIS: <br /> Section 1. That the levy for the year 1991 imposed by the <br /> provisions of Ordinance No. 82-117 in the amount of $224,138 be, and the <br /> same is hereby, abated. <br /> Section 2. That the County Clerk of the County of Macon, Illinois, <br /> be, and he is hereby, directed to refrain from extending said levy for <br /> said year. <br /> Section 3 . That the City Treasurer be, and she is hereby, <br /> authorized and directed to timely pay said principal and interest from <br /> other funds of the City in the amount aforesaid which said funds are <br /> hereby appropriated for said purpose. <br /> Section 4. That the City Clerk be, and she is hereby, authorized <br /> and directed to cause a certified copy of this ordinance to be filed <br /> with said County Clerk. <br /> PRESENTED, PASSED, APPROVED AND RECORDED this /� ay of <br /> , 1991. <br /> % �I <br /> MAYOR I <br /> ATTEST: ' <br /> � i <br /> CITY CLERK ' <br />
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