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. � . <br /> � � ��itM�O <br /> ORDINANCE N0. �S � -�I � <br /> ORDINANCE ABATING LEVY <br /> GENERAL OBLIGATION BONDS <br /> SERIES OF DECEMBER, 1987 <br /> WHEREAS, by Ordinance No . 87-137 passed and approved <br /> December 7 , 1987 , the Council caused general obligation bonds <br /> af the City to be issued and did levy therein certain sums to <br /> pay the principal of and interest on said bonds ; and, <br /> WHEREAS, funds other than those raised by general <br /> taxation have or will become available to timely pay such _ <br /> principal and interest as the same become due in 1988 and 19890 <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY <br /> OF DECATUR, ILLINOIS : <br /> Section l. That the levy for the year 1987 imposed by <br /> the provisions of Qrdinance No . 87-137 in the amount of <br /> $350,475 . 00 be , and the same is hereby, abated . <br /> Section 2 . The the County Clerk of the County of Macon, , <br /> Illinois , be, and he is hereby, directed to refrain from i� <br /> extending said levy for said year . I <br /> Section 3 . That the City Treasurer be , and he is hereby, II <br /> authorized and directed to timely pay said principal and <br /> interest from other funds of the City in the amount aforesaid <br /> which said funds are hereby appropriated for said purpose . <br /> Section 4 . That the City Clerk be , and she is hereby, <br /> authorized and directed to cause a certified copy of this <br /> ordinance to be filed with said County Clerk. <br /> PRESENTED, PASSED, APPROVED AND RECORDED this �� day <br /> of , 1988. <br /> MAYOR <br /> ATTEST: <br /> . � <br /> CITY CLERK <br />