HomeMy WebLinkAboutOrdinance #1619ORDINANCE NO. 1619
AN ORDINANCE ABATING ALL OF THE BOND LEVY FOR THE 1998 - 1999
FISCAL YEAR ($118001000 Principal Amount Alternate Revenue Bonds Series
1995)
WHEREAS, the City of Canton has by Ordinance No. 1451 previously authorized
the issue of $1,800,000 principal amount Alternate Revenue Bonds, Series 1995; and,
WHEREAS, it now appears that the City has, or, will have on hand, sewer and
water funds sufficient to abate all of such bond levy for the City's 1998 - 1999 fiscal year.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF
THE CITY OF CANTON, Fulton County, Illinois as follows:
1. That $190,322.50 of the levy for City of Canton $1,800,000 Alternate Revenue
Bonds, Series 1995, for the City of Canton 1998 - 1999 fiscal year be, and the same
hereby is, abated.
2. That all other levies are hereby reaffirmed and ratified.
3. That the City Clerk shall certify a copy of this Ordinance to the Fulton County
Clerk as and for said Clerk's authority to abate $190,322.50 of said levy.
4. That this Ordinance shall be in full force and effect immediately upon its
passage by the City Council of the City of Canton, Fulton County, Illinois,. and approval
by the Mayor thereof.
PASSED by the City Council of the City of Canton,. Fulton County, Illinois at a
regular meeting this 19th day of Jana~y , 1999
~~ Aldermen Shores, May, Nidiffer, Meade, 8arff, Phillips,
Molleck, Hartford
NAYS: None,
ABSENT: None ,
AP OVED:
~~~~
D~al~ l: )/d~vards, Mayes
ATTEST:
,~
Nancy Whites; ity Clerl~
r
C E R T I F I CAT E
STATE OF ILLINOIS, )
CITY OF CANTON, ) SS.
COUNTY OF FULTON. )
I, Nancy Whites, City Clerk of the City of Canton, in the
County of Fulton and State of Illinois, do hereby certify that
as the City Clerk of the City of Canton, I am the keeper of
records, minutes, ordinances and other books, records and papers
of said City, and that the foregoing is a true and correct copy
of
ORDINANCE NO 1619
AN ORDINNANCE ABATING ALL OF THE BOND LEVY FOR Tim 1998-1999
FISCAL DEAR ($1,$00,000 Principal Amount Alternate Revenue
Bands Series 1995)
adopted by the City Council of said City and approved by the
Mayor thereof on the 19t-h day of T~,.,1,ar3,
19 99
WITNESS my hand and the Corporate Seal of the City of Canton,
Illinois this ~~ day of _ .T~,~,a,,,-~, 19 99 .
~'~
(Na cy Whites), City Clerk
(S E A L)