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85-07 WAIVING LEVY OF TAXES
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85-07 WAIVING LEVY OF TAXES
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Last modified
8/29/2016 4:48:03 PM
Creation date
8/29/2016 4:48:02 PM
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Template:
Resolution/Ordinance
Res Ord Num
85-07
Res Ord Title
WAIVING LEVY OF TAXES
Approved Date
2/18/1985
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, <br /> �- <br /> ���;�;;���.���wD , <br /> ORDINANCE N0. 5�- t� <br /> ORDINANCE WAIVING LEVY OF TAXES <br /> WHEREAS, on the respective dates hereinafter set out <br /> general obligation bond ordinances were passed by which, <br /> respectively, a levy of general taxes for the year 1984 was made <br /> for the retirement of bonds and payment of interest as to each of <br /> said bond issued 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 TO BE WAIVED $ 88 , 000 <br /> TRAFFIC CONTROL SIGNAL BONDS , June 13 , 1966 <br /> Interest , January l , 1986 $ 190 <br /> Principal , January 1 , 1986 10, 000 <br /> TOTAL TO BE WAIVED $ 10 , 190 <br /> BRIDGE BONDS , June 13 , 1966 <br /> Interest , January l, 1986 $ 190 <br /> Principal , January 1 , 1986 10 , 000 <br /> TOTAL TO BE WAIVED $ 10, 190 <br /> STREET IMPROVEMENT BONDS , June 13 , 1966 <br /> Interest , January l, 1986 $ 5 , 700 <br /> Principal , January 1 , 1986 300 , 000 <br /> TOTAL TO BE WAIVED $ 305 , 700 <br /> WHEREAS, pursuant to statute , Motor Fuel Taxes may be used <br /> to pay the principal and interest due as provided by each of said <br /> ordinances ; and , <br /> WHEREAS , Motor Fuel Taxes are about to be appropriated in <br /> amounts sufficient to pay the respective total sums of principal <br /> and interest due for each said issue of bonds as above set out . <br />
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