Laserfiche WebLink
. ' , � . ' :.>��a�%. _ �st,.• .i'•.. 1 '.r��4Y�Wl�.,.�Y„-'i ,�+v`,il':;`r'•,yy�,;`•�„_,.<F � � ' <br /> - ' . . ^• ..ti; 3'- _ . _. • - . � � . � . '.i � ... :� '1 .. ` : . . <br /> For the year 1983, a tax sufficient to produce <br /> the sum of $2�,550.00 for interest and principal; <br /> For the year 198�, a tax sufficient to produce <br /> the sum of �23,150.00 for interest and principal; <br /> and <br /> � For the year 1g85, a t�.x sufficient to produce <br /> the sum of $26,700.00 for interes�: and principal. <br /> � That interest or principal coming due at. any time wh�n <br /> there are insufficient funds on hand to pay the same be paid promptly <br /> when due from cur-rent funds on hand in advance of the collection of <br /> said taxes herein levied, and when said taxes shall have been col- <br /> lected, rei.mbursemerit shall be made to the said funds in the a.mounts <br /> thus advanced . <br /> Sec�tion 6. That f'orthwith as soon as this ordinance ! <br /> becomes effective, a copy her�of certif�.ed by the Clerk of said City, ; <br /> which certificate shall recite that this �rdinance has been adapted <br /> by the Council of said City, publiskied and has been approved by a <br /> ma�ority of the electors of said City votin� thereon, shall be filed <br /> � <br /> with the County C1erk of AZacon County, Illinois, and said County <br /> Clerk shall, in and �for each of the years 1�71 to 1985, both years <br /> included, ascertain the rate per cent required to produce the a�gre- ' <br /> gate tax hereinbefore .provided to be levied in each of said years, � <br /> respectively, and extend the same for collectior� on the tax books � <br /> . . . � <br /> in connection with other �taxes lev3.ed in each of said years, respec- { <br /> � <br /> tively, in and by s�,id City for general corporate purposes of said ; <br /> � <br /> City, and in each of said years s�ch annual tax shall be collected by � <br /> said City in like manner as taxes for general corporate purposes for � <br /> j <br /> �, <br /> each of sai@ years are levied and collec�ed and when collected, ' ' � <br /> such taxes shall be used solely for the purpose of paying principal � <br /> and interes� upon the bonds herein authorized w�en same mature. ' <br /> Section 3. That the funds derived from such levy be <br /> and the sa,me are hereby appropriated and set aside for the sole and <br /> only purpose of payin� principal of and interest on said bonds when <br /> and as same become due. That the funds derived from the, sale of <br /> said bonds be �.nd they are hereby appropriated and set aside for <br /> -10- <br />