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UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO.2017-56
ORDINANCE ABATING THE TAX HERETO LEVIED FOR THE YEAR 2017 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 28h day of November,2017
Published in pamphlet form by the
authority of the Mayor and City Council
of the United City of Yorkville,Kendall
County,Illinois on December 11,2017.
ORDINANCE No.2017-
ORDINANCE abating the tax hereto levied for the year 2017 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 2017 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 2017 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 2017 in
accordance with the provisions hereof.
Ordinance No.2017-
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 -110 day oflo , 2017,
pursuant to a roll call vote as follows:
�-/I
CARLO COLOSIMO KEN KOCH
JACKIE MILSCHEWSKI 7 ARDEN JOE PLOCHER _ f
CHRIS FUNKHOUSER JOEL FRIEDERS
SEAVER TARULIS ALEX HERNANDEZ
APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, the
J� day of -bF--CEM6C-- Z , 2017.
MAYOR
PASSED by the City Council of the United City of Yorkville, Kendall County, Illinois, the
day of �JOVEMaEP, , 2017.
Attest: &2z�zxl�
CITY CLERK
I
Ordinance No.2017-SIP
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 (J day
of DECFM8E2 , 2017, there was filed in my office a duly certified copy of Ordinance No.
oZfl 17-5(o entitled:
ORDINANCE abating the tax hereto levied for the year 2017 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 A day of 140 VEM 6EP, , 2017, 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 2017 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 WITNESEREOF I hereunto affix my official signature and the seal of said County
this 6—dayoflutm?/ ' 2017.
County Clerk
[SEAL]_ -