Ordinance 2019-76 STATE CF ILLINOIS
COUNTY OF KENDALL
- FILED -
DEC 1 8 2019
COUNTY CLERK
Lj4// Lj.j" ` KENDALL
COUNTY
UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO.2019-76
AN ORDINANCE ABATING THE TAX LEVIED FOR THE YEAR 2019 TO PAY
THE PRINCIPAL OF AND INTEREST ON THE$1,235,000 GENERAL OBLIGATION
REFUNDING BONDS(ALTERNATE REVENUE SOURCE), SERIES 2014,OF
THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS
Passed by the City Council of the
United City of Yorkville,Kendall County, Illinois
This 26th day of November,2019
Published in pamphlet form by the
authority of the Mayor and City Council
of the United City of Yorkville,Kendall
County,Illinois on December 9, 2019.
STATE OF ILLINOIS
COUNTY OF KENDALL
- FILED -
DEC 1 8 2019
ORDINANCE No. 2019-76
COUNTY CLERK
KENDALL COUNTY
AN ORDINANCE abating the tax levied for the year 2019 to pay prmcip�' nd
interest on the$1,235,000 General Obligation Refunding Bonds (Alternate Revenue
Source), Series 2014, 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 2013-60, adopted
on the 22nd day of October, 2013 (the "Ordinance"), did provide for the issue of
$1,235,000 General Obligation Refunding Bonds (Alternate Revenue Source), Series 2014
(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 2019 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 2019 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 2019 in accordance with the provisions hereof
Ordinance No.2019-76
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 26th day of November, 2019,
pursuant to a roll call vote as follows:
KEN KOCH AYE DAN TRANSIER AYE
JACKIE MILSCHEWSKI AYE ARDEN JOE PLOCHER AYE
CHRIS FUNKHOUSER AYE JOEL FRIEDERS AYE
SEAVER TARULIS AYE JASON PETERSON ABSENT
APPROVED by me, as Mayor of the United City of Yorkville, Kendall County,
Illinois,the 14-6 day of bEC EM B ER. , 2019.
—f/[6s
MAYOR
PASSED by the City Council of the United City of Yorkville, Kendall County,
Illinois, the c9 day of d0%MBER . , 2019.
Attest: Ukag. r
CITY CLERK
Ordinance No.2019-76
Page 3
STATE OF ILLE3OIS
COUNTY OF KENDALL
STATE OF ILLINOIS ) - FILED -
) SS DEC 18 2019
COUNTY OF KENDALL )
/ 1 •L. C.4.taCCCOUNTY CLERK
KENDALL COUNTY
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 a day of
December, 2019, there was filed in my office a duly certified copy of Ordinance No. 2019-76
entitled:
AN ORDINANCE abating the tax hereto levied for the year 2019 to
pay the principal of and interest on the $1,235,000 General
Obligation Refunding Bonds (Alternate Revenue Source), Series
2014, 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 26th day of November, 2019, 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 2019 for the payment of
the City's $1,235,000 General Obligation Refunding Bonds (Alternate Revenue Source), Series
2014, as described in the Ordinance will be abated as provided in the Ordinance.
IN WITNESS WHEREOF I hereunto affix my official signature and the seal of said County
this / t day of December, 2019.
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