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Ordinance 2024-62 UNITED CITY OF YORKVILLE KENDALL COUNTY, ILLINOIS ORDINANCE NO. 2024-62 AN ORDINANCE ABATING THE TAX LEVIED FOR THE YEAR 2024 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 26th day of November, 2024 STATE OF ILLY DIS COUNTY OF KENDALL - FILED . Published in pamphlet form by the DEC 1 0 2024 authority of the Mayor and City Council j f , • COUNTY CLERK of the United City of Yorkville,Kendall KENDALL COUNTY County,Illinois on December 3, 2024. ORDINANCE No. 2024-62 AN ORDINANCE abating the tax levied for the year 2024 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 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.2024-62 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 a day of DteeM OW-- , 2024. MA PASSED by the City Council of the United City of Yorkville, Kendall County, Illinois, the 26th day of November, 2024. Attest: bevuLtai2, CITY CLERK STATE OF ILLIPIOIS COUNT OF KENDALL - FILED - nu 10 2024 COUNTY CLERK KENDALLCOUNTY Ordinance No.2024-62 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 /0 day of December, 2024, there was filed in my office a duly certified copy of Ordinance No. 2024-62 entitled: AN ORDINANCE abating the tax hereto levied for the year 2024 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 261h 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 $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 10 day of December, 2024. \®\IIIPASP9p Jiit if, PC( O�y { •, County Clerk U a yu M [SI§AL] 7' 'Ill SEAL r.> 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. 2024-62 AN ORDINANCE abating the tax hereto levied for the year 2024 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. 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 3 day of December, 2024. _' 0 J e ' Be r land, City Clerk Un' -. City of Yorkville STATE OF ILLINOIS COUNTY OF KENDALL - FILED DEC 10 2024 Atqiu. Lezztz. KENUALLCOUNCOUNTYCLERKTY