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R-25-06 03/27/2006RESOLUTION b(o A RESOLUTION RECOGNIZING THE BOND ABATEMENT CERTIFICATE FOR GENERAL OBLIGATION WATERWORKS AND SEWERAGE REFUNDING BONDS (ALTERNATE REVENUE SOURCE), SERIES 2005 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 -26 -05 Authorizing the Issuance of General Obligation Waterworks & Sewerage Refunding Bonds (Alternate Revenue Source), Series 2005 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 27`h day of March , 2006. Debby Blatzer Peter Coules Clifford Miklos Brian Reaves Ronald Stapleton Jeanette Virgilio Attest: AYES NAYS PASSED ABSENT V JOHN F. PIAZZA, Village President C ARLENE SMOLLEN, Village Clerk Closing Item No. 18 Cook County ABATEMENT CERTIFICATE Pursuant to Ordinance No. 0- 26 -05, AN ORDINANCE AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION WATERWORKS AND SEWERAGE REFUNDING BONDS (ALTERNATE REVENUE SOURCE), SERIES 2005, 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 February 28, 2005 (as supplemented and amended, with respect to which undefined terms herein shall have the meanings therein, 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 2005 (to be received in ) as provided in Section 10 of the Bond Ordinance (filed on March 10, 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, (Amount Abated) 2005 $ -0- [instead of $ $ l00% / All 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 the Bond Ordinance shall be given effect according to its terms. (SEAL) Village Clerk Receipt Village P side The ounty Clerk hereby acknowledges receipt of the above Abatement Certificate this 114 day of /-(dll , RO0(Q and agrees to abate (and continue to extend with respect to the Bond Ordinance, as shn °,.ove) the taxes as therein provided. County Clerk Closing Item No. 18 Will County ABATEMENT CERTIFICATE Pursuant to Ordinance No. 0- 26 -05, AN ORDINANCE AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION WATERWORKS AND SEWERAGE REFUNDING BONDS (ALTERNATE REVENUE SOURCE), SERIES 2005, 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 February 28, 2005 (as supplemented and amended, with respect to which undefined terms herein shall have the meanings therein, 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 2005 (to be received in ) as provided in Section 10 of the Bond Ordinance (filed on March 4, 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, (Amount Abated) 2005 $ -0- [instead of $ ] $ 100% / All 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 the Bond Ordinance shall be given effect according to its terms. (SEAL) Village Clerk The County Clerk hereby acknowledges receipt of the above Abatement Certificate this day o ' and agrees to abate (and continue to extend with respect to the Bond Ordinance, as shown above) the taxes as therein provided. County Clerk Closing Item No. 18 DuPage County ABATEMENT CERTIFICATE Pursuant to Ordinance No. 0- 26-05, AN ORDINANCE AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION WATERWORKS AND SEWERAGE REFUNDING BONDS (ALTERNATE REVENUE SOURCE), SERIES 2005, 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 February 28, 2005 (as supplemented and amended, with respect to which undefined terms herein shall have the meanings therein, 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 2005 (to be received in ) as provided in Section 10 of the Bond Ordinance (filed on March 4, 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, (Amount Abated) 2005 $ -0- [instead of $ 1 $ 100% - All 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 the Bond Ordinance shall be given effect according to its terms. (SEAL) Village Clerk Village President Receipt The 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. County Clerk