HomeMy WebLinkAboutORDINANCE - 3578 - 12/11/2018 - Taxes Levy Obligation Bonds Series 2017ORDINANCE NO.3578
AN ORDINANCE ABATING A PORTION OF THE 2018 PROPERTY TAXES LEVIED
FOR CERTAIN TAXABLE GENERAL OBLIGATION BONDS, SERIES 2017, OF THE
VILLAGE OF ELK GROVE VILLAGE, ILLINOIS
BE IT ORDAINED by the Mayor and Board of Trustees of the Village of Elk Grove
Village, Counties of Cook and DuPage, Illinois as follows:
Section 1: That the County Clerks of Cook and DuPage Counties, are hereby authorized
and directed to abate $4,175,300 from the taxes levied for 2018 in Ordinance No. 3510, duly
passed and approved on the 15th day of August, 2017, which Ordinance provided for the issuance
of $60,000,000 dollars Taxable General Obligation Bonds, Series 2017, 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, Counties, Illinois prior to
December 31, 2018.
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 11' day of December 2018.
APPROVED this 111h day of December 2018.
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Loretta M. Murphy, Village Clerk
PUBLISHED in pamphlet form this 13th day of December 2018.