T11-89 Ordinance No. T I I-89
AN ORDINANCE
ABATING A PORTION OF THE ANNUAL TAX FOR 1989 FOR
CORPORATE PURPOSE BONDS, SERIES 1989
WHEREAS, the City of Elgin will have sufficient funds on hand to pay a portion of
the tax levied by Ordinance TI-89, An Ordinance Providing for the Issue of $3,240,000
General Obligation Bonds, Series 1989 of the City of Elgin, Kane and Cook Counties,
Illinois, and for the Levy of a Direct Annual Tax Sufficient to Pay the Principal and
Interest on said Bonds; and
WHEREAS, a portion of the levy of the tax for the year 1989 provided in the ordi-
nance is unnecessary.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
ELGIN, ILLINOIS:
Section I. That the County Clerks of Kane and Cook Counties, are hereby
authorized and directed to abate a portion of the tax of $329,903 for the year 1989 as
- provided and levied in the ordinance providing for the issuance of $3,240,000 Corporate
Purpose Bonds, Series 1 989, passed May 25, 1 989, a copy of which was filed with each of
said county clerks; said tax shall be abated by reducing said sum $10,418 and extending a
tax for the year 1989 in the amount of $319,485 against all taxable property situated in
the City of Elgin, Kane and Cook Counties, Illinois.
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
December 31, 1989.
Section 3. That this ordinance shall be in full force and effect from and after its
passage in the manner provided by law.
s/ George VanDeVoorde
George VanDeVoorde, Mayor
Presented: December 19, 1989
Passed: December 19, 1989
Vote: Yeas 7 Nays 0
Recorded:
Published:
Attest:
s/ Nancy Roll
Nancy Roll, Deputy Clerk
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OFFICE OF THE COUNTY CLERK
STANLEY T. KUSPER. JR. JOHN H. WALSH
COUNTY CLERK DEPUTY COUNTY CLERK
There was filed in my office a certified copy of the Budget & Appropriation Ordinance
for:
TOWN OF: GENERAL ASSISTANCE:
ROAD & BRIDGE OF:
CITY OR VILLAGE OF: C4.15/
PARK DISTRICT OF: lI
LIBRARY DISTRICT OF:
FIRE PROTECTION DISTRICT OF:
SANITARY DISTRICT OF:
SCHOOL DISTRICT NO. : HIGH SCHOOL DISTRICT NO. :
COMMUNITY COLLEGE NO. : -- - -_- - - - -- — _-_--- .- - _--
MISCELLANEOUS DISTRICT:
CERTIFICATE OF ESTIMATE OF REVENUE BY SOURCE SIGNED BY THE CHIEF FISCAL OFFICER:
YES: NO: J
ABOVE BUDGET & APPROPRIATION ORDINANCE BEING FOR THE FISCAL YEAR 8Q -q
STANLEY T. KUSPER, JR.
CLERK OF COOK COUNTY, ILLINOIS
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