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HomeMy WebLinkAboutOrdinance #1169 ORDINANCE NO. 1169 AN ORDINANCE ABATING A PORTION OF A BOND LEVY FOR THE 1987 -1988 FISCAL YEAR ($1,650,000 Principal Amount Sewer Bonds, Series 1985). WHEREAS, the City of Canton has by Ordinance No. 1092 previously authorized the issue of $1,650,000 principal amount sewer bonds, Series 1985; and; WHEREAS, it now appears that the City has, or, will have one hand, sewer and water funds sufficient to abate a portion of such bond levy for the City's 1987-1988 fiscal year. Now, therefore, be it ordained by the City Council of the City of Canton, Fulton County, Illinois, as follows: 1. That $120,000 of the levy for City of Canton $1,650,000 Principal Amount Sewer Bonds, Series 1985, for the City of Canton 1987 - 1988 fiscal year be, and the same hereby is, abated. 2. That the balance of said levy and 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 $120,000 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 20th day of -October 1987, upon a roll call vote as follows: AYES: Aldermen Chapman, May, Bohler, r,~eade, Sarff, Steck, Zilly, Kovachevich, NAYS: None. ABSENT: None. APPROVED: c Donald E. Edwards, Mayor. ATTEST: ~~ ~ ,. ~ ~ ~ Nancy Whit City Clerk. ' CERTIFICATE STATE CF II~.II~AIS, ) SS. 'OatJDTIY OF F[JLTON. ) I, Nancy Whites, City Clerk of the City of Canton, in the Co~nty.of ~l,il.ton and state of Illi~is, dc~ hereby certify that as the city Clerk of the city of Canton; I mm the keeper of recorrds, mirYUtes, ard3nencea and other books, records and papers of said City, and that the foregoing is a true and c:cyrrect oo*ry of ; ORDINANCE N0. 116 AN ORDINANCE ABATIriO A PORTION OF A BOND LEVY Fnu THE =.-- 1987 - 1988 FLSCAL YEAR 01,650,000 Principal Amount Sewer Bonds, Series 1985. adopted by the City Cotmcil of said City and approved by the Mayor thereof on the 20th day of October 19 87 WITI~SS my hand and the Corporate Seal of the City of Canton, Illinois this Ord day °f November ~ 19 .82-• ri Y ty e (SEAL)