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HomeMy WebLinkAboutORDINANCE - 2968 - 12/16/2003 - ABATING A PORTION OF 2003 PROPERTY TAXESORDINANCE NO. 2968 AN ORDINANCE ABATING A PORTION OF THE 2003 PROPERTY TAXES LEVIED FOR CERTAIN GENERAL OBLIGATION BONDS FOR SERIES 2001, SERIES 2002, SERIES 2003B NOW, THEREFORE, BE IT ORDAINED by the Mayor and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois to abate a portion of the 2003 property tax levy in the total amount of $510,661 as follows: Section 1: That the County Clerks of Cook and DuPage Counties, are hereby authorized and directed to abate - $102,132 from the taxes levied for 2003 in Ordinance 2813, providing for the issuance of $3,375,000 General Obligation Bonds, Series 2001 of the Village of Elk Grove, Counties of Cook and DuPage, Illinois, and - $51,067 from the taxes levied for 2003 in Ordinance 2946, providing for the issuance of $7,850,000 General Obligation Bonds, Series 2003B of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois, and - $357,462 from the taxes levied for 2003 in Ordinance 2874, providing for the issuance of $5,800,000 General Obligation Bonds, Series 2002, 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. 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 16th day of December 2003 APPROVED this 16thday of December '2003. Craig B. Johnson Mayor ATTEST: Ann I. Walsh Village Clerk