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HomeMy WebLinkAboutORDINANCE - 2725 - 12/14/1999 - TAXES, ABATING A PORTION OF 1999ORDINANCE NO. 2725 AN ORDINANCE ABATING A PORTION OF THE 1999 PROPERTY TAXES LEVIED FOR CERTAIN GENERAL OBLIGATION BONDS FOR SERIES 1992, SERIES 1993, SERIES 1994 NOW, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois to abate a portion of the 1999 property tax levy in the total amount of $499,060 as follows: Section 1: That the County Clerks of Cook and DuPage Counties, are hereby authorized and directed to abate - $99,812 from the taxes levied for 1999 in Ordinance 2267, an Ordinance providing for the issuance of $10,000,000 General Obligation Bonds, Series 1992 of the Village of Elk Grove, Counties of Cook and DuPage, Illinois, and - $49,906 from the taxes levied for 1999 in Ordinance 2332, an Ordiannce providing for the issuance of $10,000,000 General Obligation Bonds, Series 1993 of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois, and - $349,342 from the taxes levied for 1999 in Ordinance 2342, an Ordinance providing for the issuance of $10,000,000 General Obligation Bonds, Series 1994, of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois. Section 2: That the Village Clerk is hereby authorized and directed to file a certified copy of this Ordinance with the County Clerks of Cook and DuPage, Illinois prior to December 28, 1999. Section 3: That the Village Clerk is hereby authorized to publish this Ordinance in pamphlet form. Section 4: That this Ordinance shall be in full force and effect from and after its passage, approval and publication according to law. VOTE: AYES: 6 NAYS: 0 ABSENT: U PASSED this 14th day of December 1999. APPROVED this 14th day of December , 1999. Craig B. Johnson Village President ATTEST: Ann I. Walsh Village Clerk PUBLISHED this 17th day of December , 1999, in pamphlet form.