O-868-94 11/14/94VILLAGE OF LEMONT
ORDINANCE NO. 86�
na
CLEW WILL CO
AN ORDINANCE ABATING THE TAX HERETOFORE LEVIED FOR THE YEAR 1994
TO PAY DEBT SERVICE ON $790,000 GENERAL OBLIGATION REFUNDING BONDS
(ALTERNATE REVENUE SOURCE), SERIES 1994, 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 ftrtirday of 1994.
Published in pamphlet form by
authority of the President and
Board of Trustees of the Village of
Lemont, Counties of Cook, Will, and
DuPage, 11 inois, this
day of 1994
VILLAGE OF LEMONT
418 Main Street
Lernont, IL 60439
v
ORDINANCE NO. _
AN ORDINANCE abating the tax heretofore levied for the year 1994
to pay debt service on $790,000 General Obligation Refunding
Bonds (Alternate Revenue Source), Series 1994, of the Village of
Lemont, Cook, DuPage 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 Number
861 adopted on the 2nd day of November, 1994 (the "Ordinance"), did provide for the issue
of $790,000 General Obligation Bonds (Alternate Revenue Source), Series 1994 (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 1994 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 1994 in
Ordinance Number 861 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 1994 in accordance with the provisions hereof.
320059.01.02
2016194/MIJ/11/7194
C'
•
Section 3. Effective Date. This ordinance shall be in full force and effect
forthwith upon its adoption.
Adopted: November leg- 1994.
AYES:
NAYS:
0
ABSENT: (J
Attest:
Nov mber / 1994
[SEAL]
Village lerk
President
VILLAGE OF LEMONT
ORDINANCE NO. gv
'FILLED
NOV 2 3 1994
4',,
goo Cant CM*
AN ORDINANCE ABATING THE TAX HERETOFORE LEVIED FOR THE YEAR 1994
TO PAY DEBT SERVICE ON $790,000 GENERAL OBLIGATION REFUNDING BONDS
(ALTERNATE REVENUE SOURCE), SERIES 1994, 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/-day of
Published in pamphlet form by
authority of the President and
Board of Trustees of the Village of
Lemont, Counties of Cook, Will, and
DuPage linois, this
day of 1994
1994.
VILLAGE OF LEMON-
418 Main Street
Lemont, IL 60439
ORDINANCE NO. &"
FILE
NOV 2 3 1994
to pay debt service on $790,000 General Obligation Refunding Dui 63414 Clerk
Bonds (Alternate Revenue Source), Series 1994, of the Village of
Lemont, Cook, DuPage and Will Counties, Illinois.
4 AN ORDINANCE abating the tax heretofore levied for the year 1994
*
WHEREAS, the President and Board of Trustees (the "Board ") of the Village of
Lemont, Cook, DuPage and Will Counties, Illinois (the "Village "), by Ordinance Number
861 adopted on the 2nd day of November, 1994 (the "Ordinance"), did provide for the issue
of $790,000 General Obligation Bonds (Alternate Revenue Source), Series 1994 (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 1994 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 1994 in
Ordinance Number 861 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 1994 in accordance with the provisions hereof.
320059.01.02
2016194/MIJ/11 /7194
Section 3. Effective Date. This ordinance shall be in full force and effect
forthwith upon its adoption.
Adopted: November i / , 1994.
AYES:
NAYS:
ABSENT:
Attest:
[SEAL]
D
/// 0/ /,r2:L
Village Clerk
FILED
Nov 2 3 1994
4d,
DuPage Clerk
VILLAGE OF LEMONT
ORDINANCE NO. bbg
AN ORDINANCE ABATING THE TAX HERETOFORE LEVIED FOR THE YEAR 1994
TO PAY DEBT SERVICE ON $790,000 GENERAL OBLIGATION REFUNDING BONDS
(ALTERNATE REVENUE SOURCE), SERIES 1994, OF THE VILLAGE OF LEMONT
COOK, DU PAGE AND WILL COUNTIES, ILLINOIS
ADOPTED BY THE
PRESIDENT AND BOARD OF TR
OF THE VILLAGE OF LEMO
This /daY of 1 1994.
Published in pamphlet form by
authority of the President and
Board of Trustees of the Village of
Lemont, Counties of Cook, Will, and
DuPa e, inois, ties
day o 1994
VILLAGE OF LEMONT
418 Main Street
Lemont, IL 60439