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85-08 APPROPRIATING FUNDS FOR PAYMENT OF INTERSET AND PRINCIPAL ON GENERAL OBLIGATION BONDS
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85-08 APPROPRIATING FUNDS FOR PAYMENT OF INTERSET AND PRINCIPAL ON GENERAL OBLIGATION BONDS
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Last modified
8/29/2016 4:43:31 PM
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8/29/2016 4:43:30 PM
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Resolution/Ordinance
Res Ord Num
85-08
Res Ord Title
APPROPRIATING FUNDS FOR PAYMENT OF INTEREST AND PRINCIPAL ON GENERAL OBLIGATION BONDS
Approved Date
2/18/1985
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. M 1 '�— <br /> H;�, b,�"'r� r�Y <br /> 3 �' <br /> �:�.a :4:j�l���i <br /> ORDINANCE N0. �— p <br /> ORDINANCE APPROPRIATING FUNDS <br /> FOR PAYMENT OF INTEREST AND PRINCIPAL <br /> ON GENERAL OBLIGATION BONDS <br /> WHEREAS , on the dates hereinafter set out , respective <br /> general obligation bond ordinances were passed and adopted, and <br /> the bonds thereby authorized were sold and the proceeds collected <br /> therefrom were used to construct the various improvements � <br /> respectively therein described in accordance with the <br /> requirements of concerned departments of the State of Illinois ; <br /> and, <br /> WHEREAS, by each of said ordinances a tax was levied for the ' <br /> purpose of paying the principal and interest on such bonds as the <br /> same became due as follows : <br /> STREET IMPROVEMENT BONDS , May 5 , 1969 <br /> Interest , July 1 , 1985 $ 4 , 000 <br /> Interest , January 1, 1986 4 , 000 <br /> Principal, January 1 , 1986 80,000 <br /> TOTAL $ 88 ,00� <br /> TRAFFIC CONTROL SIGNAL BONDS, June 13 , 1966 <br /> Interest , January 1, 1986 $ 190 <br /> Principal, January 1 , 1986 10, 000 <br /> TOTAL $ 10, 19Q <br /> BRIDGE BONDS , June 13 , 1966 <br /> Interest , January l, 1986 $ 190 <br /> Principal, January 1 , 1986 10, 000 <br /> TOTAL $ 10, 190 <br /> STREET IMPROVEMENT BONDS , June 13 , 1966 <br /> Interest , January 1 , 1986 $ 5 , 700 <br /> Principal , January 1 , 1986 300, 000 <br /> TOTAL $ 305 , 700 <br /> and ; <br />
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