HomeMy WebLinkAboutT10-20 RECEIVED
MAR u 2020
State of Illinois ) K,qN
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County of Kane) ss E GOUNr
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. T10-20
AN ORDINANCE
ABATING THE ANNUAL TAX FOR 2019 FOR
GENERAL OBLIGATION REFUNDING BONDS, SERIES 2015A
passed by the Elgin City Council at its legally convened meeting held on March 4, 2020.
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 5, 2020.
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h Kimberly De s City Clerk
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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. TI0-20
AN ORDINANCE
ABATING THE ANNUAL TAX FOR 2019 FOR
GENERAL OBLIGATION REFUNDING BONDS, SERIES 2015A
WHEREAS, the City of Elgin will have sufficient funds on hand to pay the tax levied by
Ordinance S2-15, an Ordinance Providing for the Issuance of $8,855,000 General Obligation
Refunding Bonds, Series 2015A, 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 2019 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$1,094,150 for the year 2019 as provided and levied in the ordinance
providing for the issuance of $8,855,000 General Obligation Refunding Bonds, Series 2015A,
passed March 18, 2015, 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, 2020.
Section 3. That this ordinance shall be in full force and effect from and after its passage
in the manner provided by law.
s/David J. Kaptain
David J. Kaptain, Mayor
Presented: March 4, 2020
Passed: March 4, 2020
Vote: Yeas: 8 Nays: 0 Abstain: 1
Recorded: March 4, 2020
Published: March 6, 2020
Attest:
s/Kimberly Dewis
Kimberly Dewis, City Clerk
KANE COUNTY CLERK
719 S. Batavia Ave., Bldg B
Geneva, IL 60134
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630/232-5964,
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