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91-87 ABATING LEVIES FOR BOND SERVICE - SURFACE WATER DRAINAGE BONDS
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91-87 ABATING LEVIES FOR BOND SERVICE - SURFACE WATER DRAINAGE BONDS
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8/22/2016 11:07:34 AM
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8/22/2016 11:07:33 AM
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Resolution/Ordinance
Res Ord Num
91-87
Res Ord Title
ABATING LEVIES FOR BOND SERVICE - SURFACE WATER DRAINAGE BONDS
Approved Date
12/16/1991
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� <br /> � � <br /> ORDINANCE NO. � / — � <br /> ORDINANCE ABATING LEVIES FOR BOND <br /> SERVICE - SURFACfi WATER DRAINAGE BONDS <br /> WHEREAS, by the respective ordinances authorizing the issuance <br /> thereof certain taxes were levied for the year 1991 payable in the year <br /> 1992 to pay the interest on and principal of certain bonds of the City; <br /> and <br /> WHEREAS, funds have become available from other sources to pay, in <br /> part, such interest 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 <br /> principal of the indicated bonds .for the year 1991, payable in the years <br /> 1992 and 1993, be, and the same are hereby partially abated as follows: <br /> Ordinance Number Ordinance <br /> and Bond Issue Lew Abatement Abated Lew <br /> 83-46-Surface Water <br /> Drainage Bonds, 1983 <br /> Refunding $ 1,855,275 $ 850,000 $ 1,005,275 <br /> Section 2. That the County Clerk of the County of Macon, Illinois, <br /> be and he is hereby, authorized and directed to abate in part said <br /> levies and to extend the same as so abated for the year 1991. <br /> Section 3. That the City Clerk be, and she is hereby, authorized <br /> and directed to cause a duly certified copy of hereof to be filed with <br /> said County Clerk. <br /> PASSED AND ADOPTED this ��ay of �o �,��r� <br /> -� � <br /> 1991. <br /> MAY <br /> ATTEST: <br /> � ,, � <br /> � ���.i.�^•� <br /> ITY CLERK <br />
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