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R-26-06 03/27/20061 RESOLUTION A RESOLUTION RECOGNIZING THE BOND ABATEMENT CERTIFICATE FOR GENERAL OBLIGATION REFUNDING BONDS (ALTERNATE REVENUE SOURCE), SERIES 2005A BE IT RESOLVED BY THE PRESIDENT AND MEMBERS OF THE BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COOK, WILL AND DU PAGE COUNTIES, ILLINOIS that it is recognized that the following Bond Abatement Certificate was filed in Cook, Will & DuPage Counties: Abating the tax levy for the year 2005 Pursuant to Ordinance 0 -31 -05 Authorizing the Issuance of General Obligation Refunding Bonds (Alternate Revenue Source), Series 2005A of the Village of Lemont. PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COOK, WILL AND DU PAGE COUNTIES, ILLINOIS, on this 27th day of March , 2006. AYES NAYS PASSED ABSENT Debby Blatzer Peter Cowles Clifford Miklos Brian Reaves Ronald Stapleton Jeanette Virgilio JO Attest: CHARLENE SMOLLEN, Village Clerk F. PIAZZA, Vil President Cook County ABATEMENT CERTIFICATE Pursuant to Ordinance 0- 31 -05, AN ORDINANCE AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS (ALTERNATE REVENUE SOURCE), SERIES 2005A, OF THE VILLAGE OF LEMONT, COOK, DuPAGE AND WILL COUNTIES, ILLINOIS, PROVIDNG THE DETAILS OF SUCH BONDS AND FOR AN ALTERNATE REVENUE SOURCE AND THE LEVY OF DIRECT ANNUAL TAXES SUFFICIENT TO PAY THE PRINCIPAL OF AND INTEREST ON SUCH BONDS, AND RELATED MATTERS, adopted by the President and Board of Trustees of the Village of Lemont, Cook, DuPage and Will Counties, Illinois (the "Issuer ") on April 11, 2005 (as supplemented and amended by Ordinance No. 07 -05, adopted January 24, 2005, collectively, the "Bond Ordinance "), the undersigned, as Village President and Village Clerk of the Village of Lemont, Illinois, hereby certify to the Cook County Clerk that it is appropriate to reduce by abatement the tax levy for 20Q5(to be received in 20__) as provided in Section 9 of the Bond Ordinance (filed on April 20 , 2005, with such County Clerk), as follows: Tax Levy For the Year, 2005 New Levy Amount To Continue After Abatement A Tax Sufficient to Produce the Sum of, $ -0- {instead of $ (Amount Abated) $ 100% / All No other tax levy year is to be affected by this Abatement Certificate. The County Clerk is hereby directed to abate taxes as set forth above and to ascertain the rate per cent required to produce the aggregate tax hereinabove provided to be levied in 2005 , as shown above to be Ievied, and to extend the same for collection on the tax books in connection with other taxes levied in such year, in and by the Issuer for general corporate purposes of the Issuer, and in such year levied and collected in like manner as taxes for general corporate purposes for such year is levied and collected and, when collected, such taxes shall be used solely for the purpose of paying the principal of and interest on the Bonds herein described as the same become due and payable. The tax levy shall be abated as parenthetically shown above. Otherwise Ordinance 0- 31-05 and Certificate of Abatement and Reduction of Taxes Heretofore Levied for the Payment of Bonds shall be given effect according to its terms. (SEAL) d/g Village Clerk Receipt Village Presi The Cook County Clerk hereby acknowledges receipt of the above Abatement Certificate this /1.F11 day of iG(arCii , X00 and agrees to • • e (and continue to extend with respect to the Bond Ordinance. as shown above) the taxes as t provided. 0 Cook County Cler Will County ABATEMENT CERTIFICATE Pursuant to Ordinance 0- 31 -05, AN ORDINANCE AUTHORIZING THE ISSUANCE OF GENERAL REFUNDING OBLIGATION BONDS (ALTERNATE REVENUE SOURCE), SERIES 2005A, OF THE VILLAGE OF LEMONT, COOK, DuPAGE AND WILL COUNTIES, ILLINOIS, PROVIDING THE DETAILS OF SUCH BONDS AND FOR AN ALTERNATE REVENUE SOURCE AND THE LEVY OF DIRECT ANNUAL TAXES SUFFICIENT TO PAY THE PRINCIPAL OF AND INTEREST ON SUCH BONDS, AND RELATED MATTERS, adopted by the President and Board of Trustees of the Village of Lemont, Cook, DuPage and Will Counties, Illinois (the "Issuer ") on April 11, 2005 (as supplemented and amended by Ordinance No. 07 -05, adopted January 24, 2005, collectively, the "Bond Ordinance "), the undersigned. as Village President and Village Clerk of the Village of Lemont, Illinois, hereby certify to the Will County Clerk that it is appropriate to reduce by abatement the tax levy for 20 05(to be received in 20 ) as provided in Section 9 of the Bond Ordinance (filed on April 20 , 2005, with such County Clerk), as follows: Tax Levy For the Year, New Levy Amount To Continue After Abatement A Tax Sufficient to Produce the Sum of, 2005 $ -0- [instead of $ 1 (Amount Abated) $ 100% / All No other tax levy year is to be affected by this Abatement Certificate. The County Clerk is hereby directed to abate taxes as set forth above and to ascertain the rate per cent required to produce the aggregate tax hereinabove provided to be levied in 2005 , as shown above to be levied, and to extend the same for collection on the tax books in connection with other taxes levied in such year, in and by the Issuer for general corporate purposes of the Issuer. and in such year levied and collected in like manner as taxes for general corporate purposes for such year is levied and collected and. when collected. such taxes shall be used solely for the purpose of paying the principal of and interest on the Bonds herein described as the same become due and payable. The tax levy shall be abated as parenthetically shown above. Otherwise Ordinance 0- 31-05 and Certificate of Abatement and Reduction of Taxes Heretofore Levied for the Payment of Bends shall be given effect according to its terms. (SEAL) eC Village Clerk Receipt The Will County Clerk hereby ac1<cnowledges receipt of the above Abatement C i icate this day of and agees to abate (and continue to extend with respect to the Bond Ordinance. as shown above) the taxes as therein provided. Vi lage Pr; siden Will County Clerk DuPage County ABATEMENT CERTIFICATE Pursuant to Ordinance 0- 31 -05, AN ORDINANCE AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS (ALTERNATE REVENUE SOURCE), SERIES 2005A, OF THE VILLAGE OF LEMONT, COOK, DuPAGE AND WILL COUNTIES, ILLINOIS. PROVIDING THE DETAILS OF SUCH BONDS AND FOR AN ALTERNATE REVENUE SOURCE AND THE LEVY OF DIRECT ANNUAL TAXES SUFFICIENT TO PAY THE PRINCIPAL OF AND INTEREST ON SUCH BONDS, AND RELATED MATTERS, adopted by the President and Board of Trustees of the Village of Lemont, Cook, DuPage and Will Counties, Illinois (the "Issuer") on April 11, 2005 (as supplemented and amended by Ordinance No. 07 -05, adopted January 24, 2005, collectively, the "Bond Ordinance "), the undersigned, as Village President and Village Clerk of the Village of Lemont, Illinois, hereby certify to the DuPage County Clerk that it is appropriate to reduce by abatement the tax levy for 20 05(to be received in 20 ) as provided in Section 9 of the Bond Ordinance (filed on April 20 , 2005, with such County Clerk), as follows: New Levy Amount Tax Levy To Continue After Abatement For the Year, A Tax Sufficient to Produce the Sum of, 2005 $ -0- [instead of S (Amount Abated) $ 1007. / All. No other tax levy year is to be affected by this Abatement Certificate. The County Clerk is hereby directed to abate taxes as set forth above and to ascertain the rate per cent required to produce the aggregate tax hereinabove provided to be levied in 2005 , as shown above to be levied, and to extend the same for collection on the tax books in connection with other taxes Levied in such year, in and by the Issuer for general corporate purposes of the Issuer, and in such year levied and collected in like manner as taxes for general corporate purposes for such year is levied and collected and, when collected. such taxes shall be used solely for the purpose of paying the principal of and interest on the Bonds herein described as the same become due and payable. The tax levy shall be abated as parenthetically shown above. Otherwise Ordinance 0- 31-05 and Certificate of Abatement and Reduction of Taxes Heretofore Levied for the Payment of Bonds shall be given effect according to its terms. (SEAL.) Village Clerk Receipt Village President The DuPage County Clerk hereby acknowledges receipt of the above Abatement Certificate this day of and agrees to abate (and continue to extend with respect to the Bond Ordinance, as shown above) the taxes as therein provided. DuPage County Clerk