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HomeMy WebLinkAboutORDINANCE #2058 CERTIFICATE STATE OF ILLINOIS, ) CITY OF CANTON, ) SS. COUNTY OF FULTON.) I Diana Tucker, 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, record and papers of said City, and that the foregoing is a true and correct copy of: Ordinance # 2058 AN ORDINANCE ABATING ALL OF THE BOND LEVY FOR THE 2011-2012 FISCAL YEAR ($26,430,000 PRINCIPAL AMOUNT ALTERNATIVE REVENUE BONDS SERIES 2005) Adopted by the City Council of said City and approved by the Mayor thereof on the 6TH day of December 2011 WITNESS my hand and the Corporate Seal of the City of Canton, Illinois this 6th day of December 2011 ~s_ ~ Diana Tucker, City Clerk (SEAL) b~~1~2011 OUNTY CL~(~K FULTON COUNTY, IL, ORDINANCE NO. AN pRDINANCE ABATING ALLC~ ~O~ ~ E~ATE~REOVENUE FISCAL YEAR ($26,438,000 PRIN BONDS SERIES 2005). WHEREAS, the City of Canton has by ~rdinance No. 1847 previously authorized the issue of $26,430,000 Principal Amount Alternate Revenue Bonds, Series 2005; and, WHEREAS, it now appears tliat the City has, or will have on hand, sewer and water funds sufficient to abate all of such bond levy for the City's 2011-2012 fiscal year. NOW, THEREFORE, BE IT ORDAINED BY TAE CI'I'Y COUNCIL OF THE CITY 4F CANTON, Fulton County, Illinois as follows: 1, That $2,444,$30.00 of the levy for the City of Canton $26,430,000 alternate Revenue Bonds, Series 2005, foz the City of Canton 2011-2412 f~scal year be, and the same hereby is, abated. 2. That atl other levies are hereby reaff'irmed and ratified. 3. That the City Clerk shall certify a copY of this Ordinance to the Fulton Caunty Clerk as and for said Clerk's authority to abate $2,444,830.00 of said levy. 4. 'That this Ordinance shall be in full force and effec~ 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 ity Council o e City af Canton, F2 tl l County, Illinois at a regular meeting this ~ day af ~c'~=•r~,1.~_~ ~ ~~s ~ ~t-2. (J~~ ~sopvf AYES: }'t~^r 11er~c~, J Y ~ ~ 1 l ~ ~ ~tic~~ ? , + c~e-~. ~ NAYS: N a"~ ABSENT: l~ A~'P~ROVED: ~ / f ? ~ ' j _ ~ evin R Mead , Mayor Diana Tuc er, City Clerk