HomeMy WebLinkAboutORDINANCE - 2196 - 11/12/1991 - TAX ABATEMENTORDINANCE NO. 2196
AN ORDINANCE ABATING A PORTION OF THE 1991 PROPERTY
TAX LEVY FOR GENERAL OBLIGATION BONDS, SERIES 1987
AND FOR GENERAL OBLIGATION BONDS, SERIES 1989
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 1991 Property Tax
Levy as follows:
Section 1: That the County Clerks of Cook & DuPage Counties,
are hereby authorized and directed to abate $699,813 from the 1991
taxes levied in Section 10 of Ordinance No. 1930, an ordinance
providing for the issuance of $5,000,000 General Obligation Bonds,
Series 1987 (HELP) of the Village of Elk Grove Village, as amended
by "Notification of Sale and Direction for Abatement of Taxes" a
copy of which was filed with each of said County Clerks in December,
1987.
Section 2: That the County Clerks of Cook & DuPage Counties,
are hereby authorized and directed to abate $481,031 from the 1991
taxes levied in Section 11 of Ordinance No. 2048, an ordinance
providing for the issuance of $10,000,000 General Obligation Bonds,
Series 1989, of the Village of Elk Grove Village, Counties of Cook
and DuPage, Illinois.
Section 3: 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 Counties, Illinois, prior to December 31,
1991.
Section 4: That the Village Clerk is hereby authorized to
publish this ordinance in pamphlet form.
Section 5: That this ordinance shall be in full force and
effect from and after its passage, approval and publication according
to law.
Attest:
VOTE: AYE: 5 NAY: 0 ABSENT: 1
Passed the 12th day of November , 1991.
Approved this 12th day of November , 1991.
Patricia S. Smith
Village Clerk
Charles J. Zettek
Village President
PUBLISHED this 14th day of November 1 1991, in Pamphlet Form.