HomeMy WebLinkAboutOrdinance #3006 - abating all of the bond levy for the 2012-2013 fiscal year ($26,430,000 principle amount alternate revenue bonds series 2005) ~
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CERTIFICATE
STATE OF ILLINOIS, )
CITY OF CANTON, ) SS.
COUNTY OF FULTON.)
I Diana Pavley, 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 #
AN ORDINANCE ABATING ALL OF THE BOND LEVY FOR THE
2012-2013 FISCAL YEAR $26,430,000) PRINCIPAL AMOUNT
ALTERNATE REVENUE BONDS SERIES 2005)
Adopted by the City Council of said City and approved by the Mayor thereof
on the 18 day of December 2012
WITNESS my hand and the Corporate Seal of the City of Canton, Illinois
this 18 day of December 2012
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,
Diana avley, C' y Clerk
(SEAL)
DEG 19 201~.
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OUNTY CLERK
FULTON ~OUNT`~, IL.
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ORDINANCE NO. ~J~~
AN ORDINANCE ABATING ALL OF THE BOND LEVY FOR THE 2012-2013
FISCAL YEAR ($26,430,000 PRINCIPAL AMOUNT ALTERNATE REVENUE
BONDS SERIES 2005).
WHEREAS, the City of Canton has by Ordinance No. 1847 previously
authorized the issue of $26,430,000 Principal Amount Alternate Revenue Bonds, Series
2005; 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 2012-2013 fiscal year.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF CANTON, Fulton County, Illinois as follows:
1. That $2,242,705.00 of the levy for the City of Canton $26,430,000 alternate
Revenue Bonds, Series 2005, for the City of Canton 2011-2012 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 $2,242,705.00 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 C'ty Council o City of Canton, Fulton County, Illinois at a regular
meeting this l~ day of , 2012
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Kevin R. eade, Mayo
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Di a avley, ty Clerk