R-24-06 03/27/2006r
RESOLUTION R - J -o
A RESOLUTION RECOGNIZING THE BOND ABATEMENT CERTIFICATE
FOR GENERAL OBLIGATION 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 -25 -05
Authorizing the Issuance of General Obligation Bonds (Altemate 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 27th day of March , 2006.
Debby Blatzer
Peter Coules
Clifford Miklos
Brian Reaves
Ronald Stapleton
Jeanette Virgilio
Attest:
AYES NAYS PASSED ABSENT
v
v
HN F. PIAZ' A. V' 1: . e President
ARLENE SMOLLEN, Village Clerk
ABATEMENT CERTIFICATE
Pursuant to Ordinance No. 0- 25 -05, AN ORDINANCE AUTHORIZING THE
ISSUANCE OF GENERAL OBLIGATION 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 by a
CERTIFICATE OF ABATEMENT AND REDUCTION OF TAXES HERETOFORE LEVIED
FOR THE PAYMENT OF BONDS, with respect to which undefined terms herein shall have the
meanings therein, as supplemented and amended by Ordinance No. 0- 70 -04, adopted October 11,
2004, 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 9 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,
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 No.
0- .25_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
The Cook County Clerk hereby acknowledges receipt of the above Abatement Certificate
this 1t/ day of 1- 01((,h , o200(Q and agrees to abate (and continue to extend with
respect to the Bond Ordinance, as shown above) the taxes a the ein provided.
Village Presid
Cook CountyTlerk
ABATEMENT CERTIFICATE
Pursuant to Ordinance No. 0- 25 -05, AN ORDINANCE AUTHORIZING THE
ISSUANCE OF GENERAL OBLIGATION 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 by a
CERTIFICATE OF ABATEMENT AND REDUCTION OF TAXES HERETOFORE LEVIED
FOR THE PAYMENT OF BONDS, with respect to which undefined terms herein shall have the
meanings therein, as supplemented and amended by Ordinance No. 0- 70 -04, adopted October 11,
2004, 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 9 of the Bond Ordinance (filed on March 4, 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,
(Amount Abated)
$ -0- [instead of $ 1 $ 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 No.
0-'25-05 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 Presi ent
The Will 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 Or, tpance�,.as sI' own,above) the taxes as therein provided.
Will County Clerk
ABATEMENT CERTIFICATE
Pursuant to Ordinance No. 0- 25 -05, AN ORDINANCE AUTHORIZING THE
ISSUANCE OF GENERAL OBLIGATION 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 by a
CERTIFICATE OF ABATEMENT AND REDUCTION OF TAXES HERETOFORE LEVIED
FOR THE PAYMENT OF BONDS, with respect to which undefined terms herein shall have the
meanings therein, as supplemented and amended by Ordinance No. 0- 70 -04, adopted October 11,
2004, 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 9 of the Bond Ordinance (filed on March 4, 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,
(Amount Abated)
5 -0- [instead of $ 1 $ 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 coos , 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 No.
0..G5..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 ihage President
Receipt
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