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85-06 ABATING LEVIES FOR BOND SERVICE - MASS TRANSIT AND SURFACE WATER DRAINAGE BONDS
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85-06 ABATING LEVIES FOR BOND SERVICE - MASS TRANSIT AND SURFACE WATER DRAINAGE BONDS
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Last modified
8/29/2016 4:49:17 PM
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8/29/2016 4:49:17 PM
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Resolution/Ordinance
Res Ord Num
85-06
Res Ord Title
ABATING LEVIES FOR BOND SERVICE - MASS TRANSIT AND SURFACE WATER DRAINAGE BONDS
Approved Date
2/18/1985
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�. . <br /> ~ ' t , <br /> g n:,�:�:L���°'c�� <br /> S�;}�,'+",�i� ?� .�a5 <br /> ORDINANCE N0 . � S— 0 � <br /> ORDINANCE ABATING LEVIES FOR <br /> BOND SERVICE - MASS TRANSIT <br /> AND SURFACE WATER DRAINAGE BONDS <br /> WHEREAS, by the respective ordinances authorizing the <br /> issuance thereof certain taxes were levied for the year 1984 <br /> payable in the year 1985 to pay the interest on and principal of <br /> certain bonds of the City; and, <br /> WHEREAS, funds have become available from other sources to <br /> pay, in part , such interest and principal as the same becomes due <br /> and payable . <br /> NOW, THEREFORE , BE IT ORDAINED BY THE COUNCIL OF THE CITY <br /> OF DECATUR, ILLINOIS : <br /> Section 1 . That the following tax levies for interest on <br /> and principal of the indicated bonds for the year 1984 , payable <br /> in the year 1985 , in addition to the partial abatement by <br /> application of the Personal Property Replacement Tax, as provided <br /> by law, be , and the same are hereby partially abated as follows : <br /> Abated Levy <br /> Before <br /> Application <br /> Ordinance Number Ordinance of Personal <br /> and Bond Issue Levy Abatement Prop . Tax <br /> 5390- Surface Water <br /> Drainage Bonds , 1970 $ 234 , 200 . 00 $ 48, 500 . 00 $ 185 , 700 <br /> 5966-Transit System <br /> Bonds 22 , 115 .00 3 , 552 . 00 18, 563 <br /> 6094-Surface Water <br /> Drainage Bonds , 1985 710 , 700 . 00 207, 200 . 00 503 , 500 <br /> 83-46-Surface Water <br /> Drainage Bonds , 1983 <br /> Refunding 1, 279 , 421 . 25 65 , 050 . 25 1 , 214 , 371 <br /> Section 2 . That the County Clerk of the County of Macon, <br /> Illinois , be and he is hereby, authorized and directed to abate <br /> in part said levies and to extend the same as so abated for the <br /> year 1984 . <br />
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