HomeMy WebLinkAboutOrdinance #1649ORDINANCE NO. 1 h~~
AN ORDINANCE ABATING ALL OF THE BOND LEVY FOR THE 1998 - 1999
FISCAL YEAR ($1,800,000 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 1999 - 2000 fiscal year.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF
THE CITY OF CANTON, Fulton County, Illinois as follows:
1. That $194,622.50 of the levy for City of Canton $1,800,000 Alternate Revenue
Bonds, Series 1995, for the City of Canton 1999 - 2000 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 $194,622.50 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 18th day of Januan' , 2000.
AYES: Aldermen May, Shores, Meade, Nidiffer, Phillips, Sarff, Hart-
ford, P'lolleck.
NAYS: None.
ABSENT: None .
VED:
Donald E. Edwards, Mayor
ATTEST:
Nancy Whi ,City Clerk
S ,
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 N0. 1649
ABATING ALL OF 'I~ BOND LEVY FOR TI-~ 1998-1999 FISCAL
YEAR (1,800,000 Principal Anxnmt Alternate Revenue
Bands Series 1995).
Adopted by the City Council of said City and app00 ed by the Mayor thereof on the
18th day of Januan' , ~g 200
WITNESS my hand and the Corporate Seal of the City of Canton, Illinois this
18th day of January ,~¢ 2000
~~
Nancy White ,City Clerk
(SEAL)