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86-35 PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX SUFFICIENT TO PAY THE ANNUAL RENT
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86-35 PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX SUFFICIENT TO PAY THE ANNUAL RENT
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Last modified
8/29/2016 10:02:21 AM
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8/29/2016 10:02:19 AM
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Resolution/Ordinance
Res Ord Num
86-35
Res Ord Title
PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX SUFFICIENT TO PAY THE ANNUAL RENT PAYABLE UNDER A LEASE ENTERED INTO AMONG THE DECATUR PUBLIC BUILDING COMMISSION, THE COUNTY OF MACON, AND THE CITY OF DECATUR...
Approved Date
5/12/1986
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� � � � , � . <br /> their respective annual rents payable hereunder, as their in- <br /> terests in the use and occupancy of the Project shall appear, as <br /> and when such rents become due and payable, and they shall <br /> immediately thereafter file in the office of the County Clerk of <br /> the County of Macon, Illinois, as tax extension officer of the <br /> County, a copy of this Lease as executed by the parties hereto, <br /> certified to by the City Clerk of the City ( the "City Clerk" ) and <br /> the County Clerk of the County acting as the recording officers <br /> of the governing bodies of the City and the County, respectively, <br /> together with a copy of the resolution or ordinance, as the case <br /> may be, as adopted, levying taxes for the payment of the annual <br /> rents payable respectively, by the County and City under the <br /> terms of this Lease, such resolutions to be certified to by the <br /> Clerk of the City and the County Clerk of the County, which <br /> certified copies shall constitute the authority for the County <br /> Clerk, as tax extension officer of the County, to extend for <br /> collection the taxes annually necessary to pay the respective <br /> annual rents payable by the City and the County under the terms <br /> of this Lease as and when such rentals become due and payable, <br /> such taxes to be in addition to and in excess of all other taxes <br /> now or hereafter authorized to be levied by the City and the I <br /> County. The funds realized by the City and the County from such I <br /> tax levies shall not be disbursed for any purpose other than the <br /> payment of the rentals reserved in this Lease. <br /> G. On December 15 of each year, the Commission shall <br /> file with the City Clerk and the County Clerk a certificate <br /> -10- <br />
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