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Ordinance 2023-45 UNITED CITY OF YORKVILLE KENDALL COUNTY, ILLINOIS ORDINANCE NO. 2023-45 AN ORDINANCE ABATING THE TAX LEVIED FOR THE YEAR 2023 TO PAY THE PRINCIPAL OF AND INTEREST ON THE$4,295,000 GENERAL OBLIGATION BONDS(ALTERNATE REVENUE SOURCE), SERIES 2014A,OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS Passed by the City Council of the United City of Yorkville,Kendall County, Illinois This 28th day of November,2023 STATE OF ILLINOIS Published in pamphlet form by the COUNTY OF KENDALL authority of the Mayor and City Council - FILED - of the United City of Yorkville, Kendall DEC 0 6 2023 County, Illinois on December 5,2023. �� �7 N • KENDCOULLCOUNTYTYCLERK ORDINANCE No. 2023-45 AN ORDINANCE abating the tax levied for the year 2023 to pay the principal of and interest on the $4,295,000 General Obligation Bonds (Alternate Revenue Source), Series 2014A, 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 2014-32, adopted on the 22nd day of July, 2014 (the "Ordinance"), did provide for the issue of$4,295,000 General Obligation Bonds (Alternate Revenue Source), Series 2014A (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 2023 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 2023 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 2023 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.2023-45 Page 2 ADOPTED by the Corporate Authorities on the 28th day of November, 2023, 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 RUSTY CORNEILS AYE APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, the L gtday of 1e Ct l beir , 2023. MAYOR PASSED by the City Council of the United City of Yorkville, Kendall County, Illinois, the 28th day of November, 2023. Attest: CITY CLERK Ordinance No.2023-45 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 Y0 day of December, 2023, there was filed in my office a duly certified copy of Ordinance No. 2023-45 entitled: AN ORDINANCE abating the tax hereto levied for the year 2023 to pay the principal of and interest on the $4,295,000 General Obligation Bonds (Alternate Revenue Source), Series 2014A, 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 28th day of November, 2023, 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 2023 for the payment of the City's $4,295,000 General Obligation Bonds (Alternate Revenue Source), Series 2014A, 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 6 day of December, 2023. //Ai001%;m 0,,' " Q'S41-Y C4 County Clerk q A [ iEAUbFFICIAI, SEAS, .azz STATE OF ILLINOIS ) ) SS COUNTY OF KENDALL ) CITY CLERK'S CERTIFICATE I, JORI BEHLAND, the duly qualified and acting City Clerk of the United City of Yorkville, Kendall County, Illinois, do hereby certify that attached hereto is a true and correct copy of an Ordinance entitled: ORDINANCE No. 2023-45 AN ORDINANCE abating the tax hereto levied for the year 2023 to pay the principal of and interest on the $4,295,000 General Obligation Bonds (Alternate Revenue Source), Series 2014A, of the United City of Yorkville, Kendall County, Illinois. which Ordinance was duly adopted by the City Council of the United City of Yorkville at a regular meeting held on the 28th day of November, 2023. I do further certify that a quorum of said City Council was present at said meeting, and that all requirements of the Illinois Open Meetings Act were complied with. IN WITNESS WHEREOF, I have hereunto set my hand this I gt-day of December, 2023. eC-AA4 on B ehland, City Clerk nit d City of Yorkville