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HomeMy WebLinkAboutOrdinance #1683 ORDINANCE NO. 1683 AN ORDINANCE ABATING ALL OF THE BOND LEVY FOR THE 2000-2001 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 2000-2001 fiscal year. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CANTON, Fulton County, Illinois as follows: 1. That $193,217.50 of the levy for City of Canton $1,800,000 Alternate Revenue Bonds, Series 1995, for the City of Canton 2000-2001 fiscal year be, and the same hereby is, abated. 2. That all other levies are hereby reaffumed 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 $193,217.50 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 16th day of January , 2001. AYES: Alder~z Molleck, Shores., May. NAYS: Nome ABSENT: None . Hartford, Sarff, Phillips, Nidif~er, Meade, APPROVED: Donald E. Edwards, Mayor ATTEST: Nancy Whit ,City Clerk 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: ORDINA'~CE 1683 ABATIlVG ALL OF 'I~ BOND LEVY FOR Tf-IE 2000-2001 FISCAL YEAR ($1,800,OOOPrincipal Amount Alternate Revenue Bonds Series 1995, Adopted by the City Council of said City and approved by the Mayor thereof on the 16th day of January ,xIq 2000 WITNESS my hand and the Corporate Seal of the City of Canton, Illinois this 17th. day of January ,~ 200Q o ancy Whi s, City Clerk (SEAL)