Ordinance 2022-47UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO.2022-47
AN ORDINANCE ABATING THE TAX LEVIED FOR THE YEAR 2022 TO PAY
THE PRINCIPAL OF AND INTEREST ON THE $5,170,000 GENERAL OBLIGATION
BONDS (ALTERNATE REVENUE SOURCE), SERIES 2022, 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, 2022
STATE OF ILLINOIS
COUNTY OF KENDALL
- FILED -
DECO 6 2022
Published in pamphlet form by the COUNTY CLERK
authority of the Mayor and City Council KENDALLCOUNTY
of the United City of Yorkville, Kendall
County, Illinois on December 6, 2022.
ORDINANCE NO.2022-47
AN ORDINANCE abating the tax levied for the year 2022 to pay the principal of and
interest on the $5,170,000 General Obligation Bonds (Alternate Revenue Source),
Series 2022, 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 2021-37, adopted
on the 14th day of December, 2021 (the "Ordinance "), did provide for the issue of
$5,170,000 General Obligation Bonds (Alternate Revenue Source), Series 2022 (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 2022 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 2022 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 2022 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.
Ordinance No. 2022-47
Page 2
ADOPTED by the Corporate Authorities on the 22nd day of November, 2022,
pursuant to a roll call vote as follows:
KEN KOCH
AYE
DAN TRANSIER
AYE
ARDEN JOE PLOCHER
AYE
CRAIG SOLING
AYE
CHRIS FUNKHOUSER
AYE
MATT MAREK
AYE
SEAVER TARULIS
AYE
JASON PETERSON
AYE
APPROVED by me, as Mayor of the United City of Yorkville, Kendall County,
Illinois, the l day of (wen be r- '2022.
G
MAYOR.
PASSED by the City Council of the United City of Yorkville, Kendall County,
Illinois, the 22nd day of November, 2022.
Attest:
CITY CLERK
Ordinance No. 2022-47
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 & day of
December, 2022, there was filed in my office a duly certified copy of Ordinance No. 2022-47
entitled:
AN ORDINANCE abating the tax hereto levied for the year 2022 to
pay the principal of and interest on the $5,170,000 General
Obligation Bonds (Alternate Revenue Source), Series 2022, 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 22"d day of November, 2022, 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 2022 for the payment of
the City's $5,170,000 General Obligation Bonds (Alternate Revenue Source), Series 2022, 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 -L day of December, 2022.
'4'"rm
[SEAL
•�FFICIAL
- SEAL o
t
County Clerk