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Ordinance 2024-59 UNITED CITY OF YORKVILLE KENDALL COUNTY, ILLINOIS ORDINANCE NO. 2024-59 AN ORDINANCE ABATING THE TAX LEVIED FOR THE YEAR 2024 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, 2024 STATE OF ILLINOIS COUNTY OF KENDALL - FILED - Published in pamphlet form by the authority of the Mayor and City Council DEC 1 0 2024 of the United City of Yorkville,Kendall COUNTY CLERK County, Illinois on December 3, 2024. f� it2LttL. KENDALL COUNTY ORDINANCE NO. 2024-59 AN ORDINANCE abating the tax levied for the year 2024 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. 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 the City that the tax heretofore levied for the year 2024 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 2024 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 2024 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.2024-59 Page 2 ADOPTED by the Corporate Authorities on the 26th day of November, 2024, pursuant to a roll call vote as follows: KEN KOCH AYE DAN TRANSIER AYE ARDEN JOE PLOCHER AYE CRAIG SOLING ABSENT 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 day of ()QU M , 2024. /2) MAYO PASSED by the City Council of the United City of Yorkville, Kendall County, Illinois, the 26th day of November, 2024. Attest: CITY CLERK STATE OF ILLIUOIS COUNTf OF KENDALL - FILED - DEC 1 0 2024 ,p JnI t COUNTY CLERK lisrk"K KENDALL COUNTY Ordinance No.2024-59 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 10 day of December, 2024, there was filed in my office a duly certified copy of Ordinance No. 2024-59 entitled: AN ORDINANCE abating the tax hereto levied for the year 2024 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, 2024, 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 2024 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 lb day of December, 2024. otaoatapearrr® 6 tLLV atticv R County ty Clerk //- [ tICIAL* = SEAL 5 •..... \x✓�a . mow( 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. 2024-59 AN ORDINANCE abating the tax hereto levied for the year 2024 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. which Ordinance was duly adopted by the City Council of the United City of Yorkville at a regular meeting held on the 26th day of November, 2024. 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 Srjday of December, 2024. Jori B hland, City lerk ed City of Yorkville STATE OF ILLINOIS COUNTY OF KENDALL FiLED - DEC 1 0 2024 COUNTY CLERK Lviqz �� KENDALL COUNTY