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HomeMy WebLinkAboutT3-15 RE - _i MAR 0';. State of Illinois) KANE COUNT`! C; cE: K 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. T3-15 AN ORDINANCE ABATING THE ANNUAL TAX FOR 2014 FOR GENERAL OBLIGATION REFUNDING BONDS, SERIES 2001B passed by the Elgin City Council at its legally convened meeting held on February 25, 2015. 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 February 27, 2015. cuPaiiit' ;, . - xiaAe, /7,GC1-7 66eteA �// - Kimberly Dewis City Clerk 1 r; 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. T3-15 AN ORDINANCE ABATING THE ANNUAL TAX FOR 2014 FOR GENERAL OBLIGATION REFUNDING BONDS, SERIES 2001B WHEREAS, the City of Elgin will have sufficient funds on hand to pay the tax levied by Ordinance S5-01, an Ordinance providing for the issuance of $13,715,000 General Obligation Refunding Bonds, Series 2001B, 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 2014 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$1,479,775 for the year 2014 as provided and levied in the ordinance providing for the issuance of$13,715,000 General Obligation Refunding Bonds, Series 2001B, passed April 25, 2001, 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,on or before March 15,2015. Section 3. That this ordinance shall be in full force and effect from and after its passage in the manner provided by law. /IL/1 4 . _ David J. .tai ayor Presented: February 25, 2015 Passed: February 25, 2015 ' ' O F E� Vote: Yeas: 9 Nays: 0 Recorded: February 25, 2015 Published: February 27, 2015 2 : r ' Attest: kir ` '� ' a./2 rfj Kimberly Dewis, Ci Clerk