Ordinance 2016-64 SWE of
DEC ® 7 2y,,S
cum
cam,
UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO. 2016-64
ORDINANCE ABATING THE TAX HERETO LEVIED FOR THE YEAR 2016 TO PAY
THE PRINCIPAL OF AND INTEREST ON$3,500,000 GENERAL OBLIGATION
BONDS (ALTERNATE REVENUE SOURCE), SERIES 2004B,OF THE
UNITED CITY OF YORKVILLE,KENDALL COUNTY, ILLINOIS
Passed by the City Council of the
United City of Yorkville,Kendall County, Illinois
This 22nd day of November, 2016
Published in pamphlet form by the
authority of the Mayor and City Council
of the United City of Yorkville,Kendall
County, Illinois on December 1, 2016.
ORDINANCE No. 2016- 10q
ORDINANCE abating the tax hereto levied for the year 2016 to pay
the principal of and interest on $3,500,000 General Obligation
Bonds (Alternate Revenue Source), Series 2004B, 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 2004-10, adopted on the
24th day of February, 2004 (the "Ordinance"), did provide for the issue of$3,500,000 General
Obligation Bonds (Alternate Revenue Source), Series 2004B (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 a the City that the tax heretofore
levied for the year 2016 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 2016 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 2016 in
accordance with the provisions hereof.
Ordinance No.2016- T
Page 2
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 c99 day of 14 o C M( 016, pursuant
to a roll call vote as follows:
CARLO COLOSIMO a KEN KOCH
CL Vf-
JACKIE MILSCHEWSKI LARRY KOT
CHRIS FUNKHOUSER Q JOEL FRIEDERS Q
DIANE TEELING Q SEAVER TARULIS Q
APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, the
QcQ day of IJ 0V6M15E 016.
Itl i
I
MAYOR
PASSED by the City Council of the United City of Yorkville, Kendall County, Illinois, the
6161 day of 140V95M15&Sl6.
Attest:
'Ep V T Y CITY CLERK
Ordinance No. 2016-1 L
Page 3
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 7 day
of DECC-0361- 2016, there was filed in my office a duly certified copy of Ordinance No.
a010-(o entitled:
ORDINANCE abating the tax hereto levied for the year 2016 to pay
the principal of and interest on $3,500,000 General Obligation
Bonds (Alternate Revenue Source), Series 2004B, 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 dd 4 day of 40V91)1B6?2016, 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 2016 for the payment of
the City's $3,500,000 General Obligation Bonds (Alternate Revenue Source), Series 2004B, 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 DF_CEM6Ek , 2016.
�A 2 4
County Clerk
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