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HomeMy WebLinkAboutORDINANCE - 2673 - 12/15/1998 - TAXES, ABATING A PORTION OF 1998ORDINANCE NO. 2673 AN ORDINANCE ABATING A PORTION OF THE 1998 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 1998 property tax levy in the total amount of $491,516 as follows: Section 1: That the County Clerks of Cook and DuPage Counties, are hereby authorized and directed to abate - $98,303 from the taxes levied for 1998 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 - $49,152 from the taxes levied for 1998 in Ordinance 2332, an Ordinance 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 - $344,061 from the taxes levied for 1998 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 30, 1998. 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: 0 PASSED this 15th day of December 1998. APPROVED this 15th day of December , 1998. Craig B. Johnson Village President ATTEST: Patricia S. Smith Village Clerk PUBLISHED this 18th day of December , 1998, in pamphlet -form.