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2008-95 ABATING LEVY GENERAL OBLIGATION BONDS
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2008-95 ABATING LEVY GENERAL OBLIGATION BONDS
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10/16/2015 9:59:10 AM
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10/16/2015 9:59:09 AM
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Resolution/Ordinance
Res Ord Num
2008-95
Res Ord Title
ABATING LEVY GENERAL OBLIGATION BONDS SERIES 1998
Department
Finance
Approved Date
12/15/2008
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, 4 � <br /> ORDINANCE NO. 2008-95 <br /> ORDINANCE ABATING LEVY <br /> GENERAL OBLIGATION BONDS <br /> SERIES 1998 <br /> WHEREAS, by Ordinance No. 98-34 passed and approved on June 29, 1998, the Council <br /> caused general obligation bonds of the City to be issued and did levy therein certain sums to pay <br /> the 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 2009- <br /> 2010. <br /> NOW, THEREFORE, BE IT ORDAINED 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 i <br /> bonds for the year 2008, payable in the fiscal year 2009-2010, be, and the same are hereby I <br /> abated as follows: �I <br /> Ordinance Number Ordinance Partial Tax II <br /> and Bond Issue Levv Abatement Levv �� <br /> 98-34 - General Obligation I' <br /> Bond, Series 1998 $379,470 $180,412 $ 199,058 <br /> Section 2. That the County Clerk of the County of Macon, Illinois, be, and he is hereby <br /> authorized and directed to partially abate said levy and to extend the same as so abated for the <br /> year 2008. <br /> Section 3. That the City Clerk be, and she is hereby, authorized and directed to cause a <br /> cPrtified copy of this ordinance to be filed with said County Clerk. <br /> PR�;SENTED, PASSED, APPROVED, AND RECORDED this 15th day of December, <br /> 2008. <br /> ^^� . , <br /> ✓ . � <br /> A �I': MI HAEL 'T. CA IGAN, R <br /> � <br /> ' l�C/Z�C�Gj <br /> CITY CLERK <br />
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