HomeMy WebLinkAboutORDINANCE - 3642 - 12/10/2019 - Property Tax Levy GO Bonds 2017ORDINANCE NO.3642
AN ORDINANCE ABATING A PORTION OF THE 2019 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 $4,171,100 from the taxes levied for 2019 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, 2019.
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 loth day of December 2019.
APPROVED this loth day of December 2019.
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 2019.