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HomeMy WebLinkAboutOrdinance #11241 ORDINANCE N0. 1124 AN ORDINANCE ABATING A PORTION OF A BOND LEVY FOR THE 1986 - 1987 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 on hand, sewer and water funds sufficient to abate a portion of such bond levy for the City's 1986-1987 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 1986 - 1987 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 2nd day of December 1986, upon a roll call vote as follows: Ayes: Aldermen Chapman, May, Bohler, Workman, Sarff, Steck, Zilly, Kovachevich. Nays: None. Absent: None. APPROVED : ~~q~.zr~..-~~ ~~ onald E. Edwards, Mayo. ATTEST: t~~ Na cy Wh tes, City Clerk C E R T I F I C A T E STATE OF ILLINOIS, ) 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 N0. 1124 AN ORDINANCE ABATING A PORTION OF A BOND LEVY" FOR THE 1986 - 1987 FISCAL YEAR ($1,650,000 PRINCIPAL AMOUNT SEWER BONDS, SERIES 1985). adopted by the City Council' of said City and approved by the Mayor thereof on the 2-i.d day of DecemSer , 19 86 . WITNESS my hand and the Corporate Seal of the City of Canton, Illinois this 6th day of ,lan nary , 19 87 (Nancy ites), City Clerk. (S E A L)