Ordinance 2012-50 STATE OF RLINOIS
COUNTY OF KENDALL
- FILED
DEC 0 6 2012
D tM CLERK
KEN
ALL COUNTY
UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO. 2012-50
ORDNANCE abating the tax hereto levied for the year 2012 to pay
the principal of and interest on $2,000,000 General Obligation
Bonds (Alternate Revenue Source), Series 2005C, of the United
City of Yorkville, Kendall County, Illinois.
Passed by the City Council of the
United City of Yorkville,Kendall County, Illinois
This 27`x'day of November, 2012
Published in pamphlet form by the
authority of the Mayor and City Council
of the United City of Yorkville,Kendall
County, Illinois on December 5, 2012.
STATE OF ILLINOIS
COUNTY OF KENDALL
- FILED -
DEC 0 6 2012
Ain� COUNTY CLERK
eC�N1R. reuilR._ KENDAl1 COUNTY
ORDINANCE No. 2012- 50
ORDINANCE abating the tax hereto levied for the year 2012 to pay
the principal of and interest on $2,000,000 General Obligation
Bonds (Alternate Revenue Source), Series 2005C, of the United
City of Yorkville, Kendall County, Illinois.
WHEREAS the City Council (the "Corporate Authorities") of the United City of
Yorkville, Kendall County, Illinois (the "City"), by Ordinance Number 2005- 73, adopted on the
23rd day of August, 2005 (the "Ordinance"), did provide for the issue of $2,000,000 General
Obligation Bonds (Alternate Revenue Source), Series 2005C (the "Bonds"), and the levy of a
direct annual tax sufficient to pay the principal of and interest on the Bonds; and
WHEREAS the City will have the Pledged Revenues (as defined in the Ordinance)
available for the purpose of paying the principal of and interest on the Bonds during the next
succeeding bond year; and
WHEREAS it is necessary and in the best interests of the City that the tax heretofore levied
for the year 2012 to pay the principal of and interest on the Bonds be abated;
Now, THEREFORE, Be It Ordained by the City Council of the United City of Yorkville,
Kendall County, Illinois, as follows:
Section 1. Abatement of Tax. The tax heretofore levied for the year 2012 in the
Ordinance is hereby abated in its entirety.
Section 2. Filing of Ordinance. Forthwith upon the adoption of this ordinance, the
City Clerk shall file a certified copy hereof with the County Clerk of The County of Kendall,
Illinois, and it shall be the duty of said County Clerk to abate said tax levied for the year 2012 in
accordance with the provisions hereof.
Section 3. Effective Date. This Ordinance shall be in full force and effect upon its
passage and approval as provided by law.
ADOPTED by the Corporate Authorities on the 27`h day of November, 2012, pursuant to a
roll call vote as follows:
LARRY KOT 1 MARTY MUNNS /
KEN KOCH y DIANE TEELING
JACKIE MILSCHEWSKI Y ROSE SPEARS
CHRIS FUNKHOUSER y CARLO COLOSIMO
APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, the
27`x' day of November, 2012.
MAYOR
PASSED by the City Council of the United City of Yorkville, Kendall County, Illinois, the
271h day of November, 2012.
Attest:
CITY CLERK
-2-
STATE OF ILLINOIS )
SS
COUNTY OF KENDALL )
FILING CERTIFICATE
I, the undersigned, do hereby certify that I am the duly qualified and acting County Clerk
of The County of Kendall, Illinois, and as such official I do further certify that on the 64
day of December, 2012, there was filed in my office a duly certified copy of Ordinance No.
2012-50 entitled:
ORDINANCE abating the tax hereto levied for the year 2012 to pay
the principal of and interest on $2,000,000 General Obligation
Bonds (Alternate Revenue Source), Series 2005C, of the United
City of Yorkville, Kendall County, Illinois.
(the "Ordinance") duly adopted by the City Council of the United City of Yorkville, Kendall
County, Illinois (the "City"), on the 271h day of November, 2012, and that the same has been
deposited in the official files and records of my office.
I do further certify that the taxes heretofore levied for the year 2012 for the payment of
the City's $2,000,000 General Obligation Bonds (Alternate Revenue Source), Series 2005C, as
described in the Ordinance will be abated in their entirety as provided in the Ordinance.
IN WITNESS WHEREOF I hereunto affix my official signature and the seal of said County
this ��' day of December, 2012.
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