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O-19-03 03/24/03VILLAGE OF LEMONT ORDINANCE NO 7 /f'/-3 AN ORDINANCE ABATING THE TAX LEVIED FOR THE YEAR 2002 TO PAY DEBT SERVICE ON $2,250,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2003A (ALTERNATE REVENUE SOURCE), OF THE VILLAGE OF LEMONT, COOK, DU PAGE AND WILL COUNTIES, ILLINOIS ADOPTED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT This 24th day of March , 2003 Published in pamphlet form by authority of the President and Board of Trustees of the Village of Lemont, Counties of Cook, Will, and DuPage, Illinois this 24th day of March , 2003. ORDINANCE AN ORDINANCE ABATING THE TAX FOR THE YEAR 2002 TO PAY DEBT SERVICE ON $2,250,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2003A (ALTERNATE REVENUE SOURCE), OF THE VILLAGE OF LEMONT COOK, DU PAGE AND WILL COUNTIES, ILLINOIS WHEREAS, the President and Board of Trustees (the "Board") of the Village of Lemont, Cook, DuPage and Will Counties, Illinois (the "Village "), by Ordinance 0 -7 -03 adopted on the 10th day of February, 2003 (the "Ordinance "), did provide for the issue of $2,250,000 General Obligation Bonds, Series 2003A (Alternate Revenue Source), (the "Bonds "), and the levy of a direct annual tax sufficient to pay principal and interest on the bonds; and WHEREAS, the Village will have pledged revenues (as defined in the Ordinance) available for the purpose of paying the debt service due on the Bonds during the next succeeding bond year; and WHEREAS, it is necessary and in the best interests of the Village that the tax heretofore levied for the year 2002 to pay such debt service on the Bonds be abated; NOW, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the Village of Lemont, Cook, DuPage and Will Counties, Illinois, as follows: Section 1. Abatement of Tax. The tax heretofore levied for the year 2002 in Ordinance Number 0 -7 -03 is hereby abated in its entirety. Section 2. Filing of Ordinance. Forthwith upon the adoption of this ordinance, the Village shall file a certified copy hereof with the County Clerks of Cook, DuPage and Will Counties, Illinois, and it shall be the duty of said County Clerks to abate said tax levied for the year 2002 in accordance with the provisions hereof. Section 3. Effective Date. This Ordinance shall be in full force and effect forthwith upon its adoption. PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL, AND DU PAGE, ILLINOIS on this 24th day of March , 2003. John Benik Debby Blatzer Peter Coules Connie Markiewicz Steven Rosendahl Jeanette Virgilio Attest: AYES NAYS PASSED ABSENT cJ V IAZZA, Vi ident CHA ENE SMOLLEN, Village Clerk FILING CERTIFICATE STATE OF ILLINOIS ) ) SS COUNTY OF COOK ) A.el CA A I, , County Clerk of COOK County, Illinois do hereby certify that S i— nn on the / day of ✓� , 2003, the following Ordinances were filed in my office: 0 -19 -03 Ordinance Abating the Tax Levied for the Year 2002 to Pay Debt Service on $2,250,000 General Obligation Refunding Bonds, Series 2003A (Alternate Reveue Source) WITNESS my official signature and the seal of COOK , 2003. Please return Receipt for Filing to: Village Clerk Village of Lemont 418 Main Street Lemont, IL 60439 �r County, this / day of adook,_ CLERK OF COOK COUNTY, ILLINOIS FILING CERTIFICATE STATE OF ILLINOIS ) ) SS COUNTY OF WILL ) I, /4120N 5Cffa'T2 \A6v7S County Clerk of WILL County, Illinois do hereby certify that on the 23 day of roar , 2003, the following Ordinances were filed in my office: 0 -19 -03 Ordinance Abating the Tax Levied for the Year 2002 to Pay Debt Service on $2,250,000 General Obligation Refunding Bonds, Series 2003A (Alternate Reveue Source) WITNESS my official signature and the seal of WILL Mdt. , 2003. County, this 26 day of CLERK OF WILL COUNTY, ILLINOIS STATE OF ILLINOIS COUNTY OF DU PAGE I, GARY A. KING ) SS FILING CERTIFICATE , County Clerk of DU PAGE County, Illinois do hereby certify that on the 25TH day of MARCH office: , 2003, the following Ordinances were filed in my 0 -19 -03 Ordinance Abating the Tax Levied for the Year 2002 to Pay Debt Service on $2,250,000 General Obligation Refunding Bonds, Series 2003A (Alternate Reveue Source) WITNESS my official signature and the seal of DU PAGE MARCH , 2003. County, this 25TH day of CLERK OF DU PAGE COUNTY, ILLINOIS