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86-05 WAVING LEVY OF TAXES
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86-05 WAVING LEVY OF TAXES
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Last modified
8/29/2016 11:24:40 AM
Creation date
8/29/2016 11:24:39 AM
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Resolution/Ordinance
Res Ord Num
86-05
Res Ord Title
WAIVING LEVY OF TAXES
Approved Date
1/21/1986
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, <br /> . ORDINANCE N0 . � � — a S MICROFIIMED <br /> ORDINANCE WAIVING LEVY OF TAXES <br /> WHEREAS, on the respective date hereinafter set out a <br /> general obligation bond ordinance was passed by which a levy of <br /> general taxes for the year 1985 was made for the retirement of <br /> bonds and payment of interest as to each of said bond issued as <br /> follows : <br /> STREET IMPROVEMENT BONDS , May 5 , 1969 <br /> Interest , July 1 , 1986 $ 2 , 000 <br /> Interest , January l , 1987 2 , 000 <br /> Principal , January 1 , 1987 80, 000 <br /> TOTAL TO BE WAIVED $ 84 , 000 <br /> WHEREAS, pursuant to statute , Motor ruel Taxes may be <br /> used to pay the principal and interest due as provided by said <br /> ordinance ; and , <br /> WHEREAS, Motor Fuel Taxes are about to be appropriated in <br /> amounts sufficient to pay the respective total sums of <br /> principal and interest due for each said issue of bonds as ' <br /> above set out . <br /> NOW, THEREFORE , BE IT ORDAINED BY THE COUNCIL OF THE CITY I <br /> OF DECATUR, ILLINOIS : <br /> Section 1 . That the City hereby and herein waives the <br /> levy of such taxes for the year 1985 for the retirement of <br /> bonds and interest as above set forth. <br /> Section 2 . That the County Clerk of Macon County, <br /> Illinois , is hereby instructed to not levy such taxes for the <br /> year 1985 . <br /> Section 3 . That the City Clerk be , and she is hereby <br /> authorized and directed to file a certified copy of this <br /> Ordinance with the County Clerk of Macon Cou ty, Illinois . <br /> PASSED AND APPROVED THIS �/�day�6f / , 1986 . <br /> � � <br /> l� <br /> /,' <br /> / � <br /> l % <br /> MAYOR � <br /> A�TEST : <br /> � <br /> � <br /> CITY E <br />
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