HomeMy WebLinkAboutT4-25 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. T4-25
AN ORDINANCE
ABATING THE ANNUAL TAX FOR 2024 FOR
GENERAL OBLIGATION CORPORATE PURPOSE BONDS, SERIES 2019
passed by the Elgin City Council at its legally convened meeting held on March 12, 2025.
In Witness Whereof, I have hereunto set my hand and affixed the corporate seal of the
City of Elgin at the said City in the County and State aforesaid this March 13, 2025.
:,, ..4.A.,...,...4i,l,- hi//iVii
,,
;,,, , 'ail`r-` . ''
•.. 1 , Kimberly De i ity Clerk
In i
This instrument prepared by: Return to:
Christopher J. Beck Kimberly Dewis
Corporation Counsel Elgin City Clerk
City of Elgin 150 Dexter Court
150 Dexter Court Elgin, IL 60120
Elgin, IL 60120
Ordinance No. T4-25
AN ORDINANCE
ABATING THE ANNUAL TAX FOR 2024 FOR
GENERAL OBLIGATION CORPORATE PURPOSE BONDS, SERIES 2019
WHEREAS, the City of Elgin will have sufficient funds on hand to pay the tax levied by
Ordinance S2-19, An Ordinance Providing for the Issuance of $9,000,000 General Obligation
Corporate Purpose Bonds, Series 2019,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 2024 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$796,150 for the year 2024 as provided and levied in the ordinance
providing for the issuance of $9,000,000 General Obligation Corporate Purpose Bonds, Series
2019,passed March 20, 2019, a copy of which was filed with each of said county clerks.
Section 2. That the City Clerk is authorized and directed to file a certified copy of this
ordinance with the County Clerks of Kane and Cook Counties, Illinois, prior to March 15, 2025.
Section 3. That this ordinance shall be in full force and effect from and after its
passage in the manner provided by law.
avid J. Ka ain, ayor
Presented: March 12, 2025
Passed: March 12, 2025
Vote: Yeas: 9 Nays: 0
Recorded: March 12, 2025
Published: March 12, 2025
Att st:
APaa<31 1-4(..‘ -
CQQ��, ,..
Kimberly De , ity Clerk
, eitJte