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FILED <br /> JAN 210' 20211 <br /> ORDINANCE NO.2021 — C <br /> JOSH TANNER <br /> MUNU1 CLERK MAGONCOUN;Y <br /> AN ORDINANCE ABATING THE PROPERTY TAX LEVY FOR THE CITY OF <br /> DECATUR,ILLINOIS FOR GENERAL OBLIGATION 2020 SERIES BONDS <br /> WHEREAS, by Ordinance No. 2020-85 passed and adopted on May 18, 2020, the City <br /> Council of the City of Decatur, Illinois, caused general obligation bonds of the City to be issued <br /> 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, 2021 and ending December 31, 2021. <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 1,2021 and ending December 31, 2021, be, and the same <br /> are hereby abated as follows: <br /> Ordinance No and Bond Issue Ordinance Tax Levy Abatement Net Tax Levy <br /> 2020-85 GO Bond 2020 Series 2,054,050.00 2,054,050.00 0.00 <br /> Section 2. That the County Clerk of the County of Macon, Illinois, be, and is hereby <br /> authorized and directed to fully abate said levy and to extend the same as so abated for the 2020 <br /> assessed value year with property tax payable in 2021. <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,Illinois. <br /> PRESENTED,ADOPTED AND RECORED this 19th day of January 2021. <br /> J e Moore Wolfe,Mayor <br /> ATTEST: <br /> Kimberly Al 0 , City Clerk <br />