Ordinance 2013-24 i
UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
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ORDINANCE NO , 2013-24
AN ORDINANCE ABATING TAXES LEVIED BY AN
ORDINANCE ADOPTED BY THE CITY COUNCIL OF THE
UNITED CITY OF YORKVILLE, KENDALL COUNTY,
ILLINOIS, PROVIDING FOR THE ISSUANCE OF GENERAL
OBLIGATION LIBRARY BONDS, SERIES 2005B, OF THE CITY,
AND PROVIDING FOR THE LEVY AND COLLECTION OF A
DIRECT ANNUAL TAX FOR THE PAYMENT OF THE l
PRINCIPAL OF AND INTEREST ON SAID BONDS
ADOPTED BY THE MAYOR AND
CITY COUNCIL OF THE
UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
THIS 23RD DAY OF APRIL, 2013
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Published in pamphlet form
by authority of the
City Council of the
United City of Yorkville,
STATE OF
Kendall County, Illinois , this O ILLINOIS
(E N01L
COUNTY
23rd day of April, 2013 LINT FILED I{END e
MAY 10 2013
COUNTY CLERK
X UU1R• ✓VX�( _, KENDALL COUNTY
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ORDINANCE No . 2013 -24
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AN ORDINANCE ABATING TAXES LEVIED BY AN ORDINANCE ADOPTED BY THE
CITY COUNCIL OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, j
PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION LIBRARY BONDS , SERIES
200513 , OF THE CITY, AND PROVIDING FOR THE LEVY AND COLLECTION OF A
DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON
SAID BONDS .
WHEREAS , the City Council (the "Council") of the United City of Yorkville, Kendall
County, Illinois (the "City") did adopt an ordinance (the "Ordinance") authorizing the issuance
of its $ 7,250 , 000 General Obligation Library Bonds, Series 2005B (the "Bonds") ; and
WHEREAS , said Ordinance was in full force and effect upon passage, approval and
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publication, and thereafter a certified copy thereof was duly filed in the Office of the County
Clerk in Kendall County; and
WHEREAS , said Ordinance did authorize the issuance of the Bonds , and did provide for
the levy of a direct annual tax upon all taxable property within the City in and for the years 2013
through and including 2023 , in an amount sufficient to pay the principal of and interest on the
Bonds when due; and
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WHEREAS , the City has authorized the issuance of its General Obligation Library
Refunding Bonds, Series 2013 (the "2013 Bonds") to refund the outstanding Bonds maturing
December 30, 2014 through December 30 , 2024 ; and
WHEREAS , the Council of the City hereby finds and determines that it is advisable and
necessary to provide for abatement of the tax heretofore levied for the years 2013 through and
including 2023 for the Bonds upon the delivery of and receipt of payment for the 2013 Bonds ;
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE UNITED
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CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS , AS FOLLOWS :
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Section 1 . Abatement. That it shall be and it is found and determined that the
Council of the City has provided for the levy of a direct annual tax upon all taxable property
within the City in and for the years 2013 through and including 2023 , in an amount sufficient to j
provide the funds to pay when due the principal of and interest on the Bonds heretofore issued by
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the City. It is further found and determined that the Council deems it advisable and in the best
interests of the City upon issuance of the 2013 Bonds and the defeasance of the Bonds to provide
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for abatement of the taxes heretofore levied for the levy years 2013 through and including 2023
pursuant to the Ordinance as follows : j
FOR THE YEAR TAX LEVY
2013 $684, 125 . 00
2014 7035125 . 00 j
2015 710 ,725 . 00
2016 7177325 .00
2017 7525925 . 00
2018 7625950 . 00
2019 766 ,356 .26
2020 783 ,375 .00
2021 7935312 . 50
2022 795 ,537 . 50
2023 796, 100 .00
Section 2 . Filing. A copy of this ordinance, duly certified by the City Clerk, which
certificate shall recite that this ordinance has been adopted by the Council of the City and is in
full force and effect, shall be filed with the County Clerk of Kendall County, Illinois, after
delivery by the City of the 2013 Bonds , and shall constitute authority for the County Clerk for
levy years 2013 through and including 2023 to abate the levy in its entirety as discussed above in
Section 1 associated with the Bonds .
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Section 3 . Severability. If any section, paragraph or provision of this ordinance shall
be held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such
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section, paragraph or provision shall not affect any of the remaining provisions of this ordinance.
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Section 4 . Publication. The Secretary is hereby authorized and directed to publish
this ordinance and to file copies thereof for public inspection in his/her office.
Section 5 . Conflicting Ordinances . All ordinances, resolutions and parts of
ordinances and resolutions, in conflict herewith are hereby repealed.
Section 6 . Headings . The headings or titles of the several sections shall be solely for
convenience of reference and shall not affect the meaning, construction or effect of this
ordinance.
Section 7 . Effective Date. This ordinance shall be in full force and effect from and
after its adoption and publication, but the abatement of taxes for the Bonds shall not be effective
until the delivery of 2013 Bonds and the defeasance of the Bonds .
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ADOPTED this 23rd day of April , 2013 , pursuant to a roll call vote as follows :
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AYES : N( UQ1 d5 , 51PF--AkS , C6LGt)mA0 , :Fuk4K�tIOVtE (` �
NAYS :
APPROVED by me this 23rd day of April, 2013 .
UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
J(lalll v
May r
ATTEST:
City Clerk
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Alderman moved and Alderman DL) 5)Ek, seconded
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the motion that said ordinance as presented by the Mayor be adopted.
After a full discussion thereof, the Mayor directed that the roll be called for a vote upon
the motion to adopt said ordinance as read .
Upon the roll being called, the following Aldermen voted AYE :
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and the following Aldermen voted NAY :
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Whereupon the Mayor declared the motion carried and said ordinance adopted, approved
and signed the same in open meeting and directed the City Clerk to record the same in full in the
records of the City Council of the United City of Yorkville, Kendall County, Illinois, which was
done .
Other business not pertinent to the adoption of said ordinance was duly transacted at said
meeting.
Upon motion duly made, seconded and carried, the meeting was adjourned .
Zzz
City Clerk, United City of Yorkville
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STATE OF ILLINOIS )
SS
COUNTY OF KENDALL )
CERTIFICATION OF ORDINANCE AND MINUTES j
I, the undersigned, do hereby certify that I am the duly qualified and acting City Clerk of
the United City of Yorkville, Kendall County, Illinois (the "City") , and as such official am the
keeper of the records and files of the City Council and of the City.
I further certify that the foregoing is a full, true and complete transcript of that portion of
the minutes of the meeting of the City Council held on the 23rd day of April, 2013 , insofar as the
same relates to the adoption of Ordinance No . 2013 -24 entitled :
AN ORDINANCE ABATING TAXES LEVIED BY AN ORDINANCE ADOPTED BY THE
CITY COUNCIL OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS ,
PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION LIBRARY BONDS , SERIES
2005B , OF THE CITY, AND PROVIDING FOR THE LEVY AND COLLECTION OF A
DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON
SAID BONDS ,
a true, correct and complete copy of which said ordinance as adopted at said meeting appears in
the foregoing transcript of the minutes of said special meeting.
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I do further certify that the deliberations of the City Council on the adoption of said
ordinance were conducted openly, that the vote on the adoption of said ordinance was taken
openly, that said meeting was held at a specified time and place convenient to the public, that
notice of said meeting was duly given to all of the news media requesting such notice, that said
meeting was called and held in strict compliance with the provisions of the Open Meetings Act
of the State of Illinois, as amended, and that the City has complied with all of the provisions of
said Act and with all of the procedural rules of the City Council .
IN WITNESS WHEREOF, I hereunto affix my official signature and seal of said City,
this 3 day of May, 2013 .
City Clerk, United City of Yorkville
Kendall County, Illinois
( SEAL)
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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 Kendall County, Illinois , and as such official I do further certify that on the day of j
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May, 2013 , there was filed in my office a duly certified copy of Ordinance No . 2013 -24 entitled :
AN ORDINANCE ABATING TAXES LEVIED BY AN ORDINANCE ADOPTED BY THE
CITY COUNCIL OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS,
PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION LIBRARY BONDS , SERIES
200513 , OF THE CITY, AND PROVIDING FOR THE LEVY AND COLLECTION OF A
DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON
SAID BONDS ,
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duly adopted by the City Council of the United City of Yorkville, Kendall County, Illinois, on
the 23rd day of April, 2013 , and that the same has been deposited in the official files and records
of my office.
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IN WITNESS WHEREOF , I hereunto affix my official signature and the seal of said
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County, this day of May, 2013 .
County Clerk of Kendall County, Illinois
(SEAL)
STATE OF ILLINOIS
COUNTY OF KENDALL
® FILED
MAY 10 2013
COUNTY CLERK
��- KENDALL COUNTY
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