Ordinance 2024-61 UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO. 2024-61
AN ORDINANCE ABATING THE TAX LEVIED FOR THE YEAR 2024 TO PAY
THE PRINCIPAL OF AND INTEREST ON THE $8,250,000 GENERAL OBLIGATION
BONDS (ALTERNATE REVENUE SOURCE), SERIES 2021, 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 -
D'.C 10 2024
COUNTY CLERK
Published in pamphlet form by the Jk KENDALL COUNTY
authority of the Mayor and City Council
of the United City of Yorkville,Kendall
County,Illinois on December 3, 2024.
ORDINANCE NO. 2024-61
AN ORDINANCE abating the tax levied for the year 2024 to pay the principal of and
interest on the $8,250,000 General Obligation Bonds (Alternate Revenue Source),
Series 2021, 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 2021-12, adopted
on the 11th day of May, 2021 (the "Ordinance"), did provide for the issue of$8,250,000
General Obligation Bonds (Alternate Revenue Source), Series 2021 (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.2024-61
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 a4ay of DeCL Yn I9-e)r- , 2024.
MAYOR
PASSED by the City Council of the United City of Yorkville, Kendall County,
Illinois, the 26th day of November, 2024.
Attest:
CITY CLERK
STATE E OF ILLIIOIS
COUNTY OF KENDALL
- FILED
1 U 2024
/ y
l iY a KENDALLCOUNTY CO UCLERKNTY
...
Ordinance No.2024-61
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 /C day of
December, 2024, there was filed in my office a duly certified copy of Ordinance No. 2024-61
entitled:
AN ORDINANCE abating the tax hereto levied for the year 2024 to
pay the principal of and interest on the $8,250,000 General
Obligation Bonds (Alternate Revenue Source), Series 2021, 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 $8,250,000 General Obligation Bonds (Alternate Revenue Source), Series 2021, 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 le day of December, 2024.
``0t11111/,,®'
.9 '
County Clerk
:OFFICIAL.
-' SEAL
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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. 2024-61
AN ORDNANCE abating the tax hereto levied for the year 2024 to
pay the principal of and interest on the $8,250,000 General
Obligation Bonds (Alternate Revenue Source), Series 2021, 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 v• day of December,
2024.
ftb.
on B-hland, City Clerk
d City of Yorkville
STATE OF ILLINOIS
COUNTY OF KENDALL
- FILED -
DEC 1 0 2024
COUNTY CLERK
6,b4U.
Ldg,WC., KENDALL COUNTY