HomeMy WebLinkAboutT2-21 RECEIVED
MAR 112021
KANE COUNTY CLERK
State of Illinois )
County of Kane) ss
City of Elgin )
Recording Information
CERTIFICATE OF CITY CLERK
I, Kimberly Dewis, DO HEREBY CERTIFY that I am the duly qualified City Clerk of
the City of Elgin, in the Counties of Kane and Cook in the State of Illinois, and that as such City
Clerk I am the keeper and custodian of the files and records of said City of Elgin and the seal
thereof.
I DO FURTHER CERTIFY that the attached is a full, true, and correct copy of:
ORDINANCE NO. T2-21
AN ORDINANCE
ABATING THE ANNUAL TAX FOR 2020 FOR
GENERAL OBLIGATION REFUNDING BONDS, SERIES 2010C
passed by the Elgin City Council at its legally convened meeting held on March 10, 2021.
I Whereof I have hereunto set m hand and affixed the corporate seal of the
In Witness Y
City of Elgin at the said City in the County and State aforesaid this March 11, 2021.
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This instrument prepared by: Return to:
William A. Cogley Kimberly Dewis
Corporation Counsel Elgin City Clerk
City of Elgin 150 Dexter Court
150 Dexter Court Elgin, IL 60120
Elgin, IL 60120
Ordinance No. T2-21
AN ORDINANCE
ABATING THE ANNUAL TAX FOR 2020 FOR
GENERAL OBLIGATION REFUNDING BONDS, SERIES 2010C
WHEREAS, the City of Elgin will have sufficient funds on hand to pay the tax levied by
Ordinance S5-10, An Ordinance Providing for the Issuance of $6,610,000 General Obligation
Refunding Bonds, Series 2010C, of the City of Elgin, Kane and Cook Counties, Illinois, and
Providing for the Levy and Collection of a Direct Annual Tax for the Payment of the Principal of
and Interest on said Bonds; and
WHEREAS,the levy of the tax for the year 2020 provided in the ordinance is unnecessary.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
ELGIN, ILLINOIS:
Section 1. That the County Clerks of Kane and Cook Counties, are hereby authorized
and directed to abate the tax of$140,600 for the year 2020 as provided and levied in the ordinance
providing for the issuance of $6,610,000 General Obligation Refunding Bonds, Series 2010C,
passed October 13, 2010, a copy of which was filed with each of said county clerk.
Section 2. That the City Clerk is authorized and directed to file a certified copy of this
ordinance with the Count Clerks of Kane and Cook Counties, Illinois, prior to March 15, 2021.
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Section 3. That this ordinance shall be in full force and effect from and after its passage
in the manner provided by law.
David J. Kapta4K, M or
Presented: March 10, 2021
Passed: March 10, 2021
Omnibus Vote: Yeas: 9 Nays: 0
Recorded: March 10, 2021
Published: March 11, 2021
Attest: ra
Kimberly Dewis, y Clerkls
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