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ORDINANCE NO. 2016- 9 6 <br /> AN ORDINANCE ABATING THE PROPERTY TAX LEVY FOR THE CITY OF <br /> DECATUR,ILLINOIS FOR GENERAL OBLIGATION 2010 SERIES C BONDS <br /> WHEREAS, by Ordinance No. 2010-79 passed and adopted on November 15, 2010, the <br /> City Council of the City of Decatur, Illinois, caused general obligation bonds of the City to be <br /> issued and did levy therein certain sums to pay principal and interest on said bonds; and <br /> WHEREAS, funds other than those raised by general taxation have or will become <br /> available to timely pay such principal and interest as the same become due in fiscal year <br /> commencing January 1, 2017 and ending December 31, 2017. <br /> NOW, THEREFORE, BE IT ORDANIED BY THE COUNCIL OF THE CITY OF <br /> DECATUR, ILLINOIS: <br /> Section 1. That the following tax levies for interest on and principal of the indicated <br /> bonds for the year commencing January 1, 2017 and ending December 31, 2017, be, and the <br /> same are hereby abated as follows: <br /> Ordinance No and Bond Issue Ordinance Tax Levy Abatement Net Tax Levy <br /> 2010-79 GO Bond Series C 2010 276,750.00 138,375.00 138,375.00 <br /> Section 2. That the County Clerk of the County of Macon, Illinois, be, and is hereby <br /> authorized and directed to partially abate said levy and to extend the same as so abated for the <br /> 2016 assessed value year with property tax payable in 2017. <br /> Section 3. That the City Clerk be, and is hereby authorized and directed to cause a <br /> certified copy of this Ordinance to be filed with the County Clerk of the County of Macon, <br /> Illinois. <br /> PRESENTED,ADOPTED AND RECORED this 5th day of December, 2016. <br /> Jplie Moore of e, Mayor <br /> ATTEST: <br /> v' <br /> r� <br /> . � < u <br /> CITY CL K <br />