HomeMy WebLinkAboutORDINANCE - 2075 - 11/28/1989 - TAX ABATEMENTt
ORDINANCE NO. 2075
AN ORDINANCE ABATING A PORTION OF THE 1989 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 1989 Property Tax Levy as follows:
Section 1: That the County Clerks of Cook and DuPage Courrties, are
hereby authorized and directed to abate $675,863 from the 1989 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 Clerk's in December, 1987.
Section 2: That the County Clerks of Cook and DuPage Counties, are
hereby authorized and directed to abate $467,575 from the 1989 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, 1989.
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.
VOTE:
AYE:
6 NAY:
0
ABSENT: 0
PASSED
this
28th day
of
November 1989.
APPROVED
this
28th day
of
November , 1989.
Charles S. Zettek
Village President
ATTEST:
Patricia S. Smith
Vi age C er
PUBLISHED this 5th day of December , 1989.