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87-05 ABATING LEVY GENERAL OBLIGATION BONDS SERIES OF DECEMBER, 1982
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87-05 ABATING LEVY GENERAL OBLIGATION BONDS SERIES OF DECEMBER, 1982
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8/26/2016 2:21:05 PM
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Resolution/Ordinance
Res Ord Num
87-05
Res Ord Title
ABATING LEVY GENERAL OBLIGATION BONDS SERIES OF DECEMBER, 1982
Approved Date
1/20/1987
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v <br /> / <br /> ORDINANCE N0. — (� S <br /> MICROfiLl1�D <br /> ORDINANCE ABATING LEVY <br /> GENERAL OBLIGATION BONDS <br /> SERIES OF DECEMBER, 1982 <br /> WHEREAS, by Ordinance No . 82-117 passed and approved <br /> December 7 , 1982 , the Council caused general obligation bonds <br /> of 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 calendar 1988 . <br /> NOW, THEREFORE , BE IT ORDAINED BY THE COUNCIL OF THE CITY <br /> OF DECATUR, ILLINOIS : <br /> Section 1 . That they levy for the year 1986 imposed by <br /> the provisions of Ordinance No . 82-117 in the amount of <br /> $448, 950. 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 <br /> extending said levy for said year . <br /> Section 3 . That the City Treasurer be , and he is hereby, <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 , 1937 . <br /> MAYOR <br /> ATTEST: <br /> C TY CLERK <br />
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