HomeMy WebLinkAboutResolutions - R-85-30 - 01/14/1985 - Abate Taxes on SSA 1 R-85-30
A RESOLUTION PROVIDING FOR THE PARTIAL ABATEMENT
OF THE REAL ESTATE TAXES LEVIED IN 1984, PAYABLE
IN 1985 , HERETOFORE AUTHORIZED BY CITY OF McHENRY
ORDINANCE 0-82-298
WHEREAS, it appears that $15 , 000. 00 in proceeds are
presently on hand and available in the Bond Fund to pay a
portion of the principal and interest on the General
Obligation Bonds authorized by said Ordinance which
installments are payable on February 1 , 1986 and August 1 ,
1985 in the total amount of $34, 425 . 00 .
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF McHENRY, ILLINOIS , as follows :
SECTION 1 . That the County Clerk of McHenry County,
Illinois is hereby authorized and directed to abate the sum
of $15 ,000. 00 of the 1984 Direct Annual Tax (payable in
1985 ) , which was heretofore authorized by City of McHenry
Ordinance NO. 0-82-298 to pay the February 1 , 1986 and
August 1 , 1985 installments of principal and interest in
the total amount of $34, 425 . 00 on the General Obligation
Bonds of the City of McHenry, McHenry County, Illinois ,
authorized by said Ordinance; that the sum of $19, 425 . 00
shall be levied as and for the aforesaid 1984 direct annual
tax.
SECTION 2. That this Resolution shall be in full
force and effect immediately from and after its passage and
approval and shall be irrevocable .
PASSED this 14thjay of January 1985 .
AYES : Bolger, Busse, Datz, McClatchey, Nolan, Smith, Serritella, Snell
NAYS : None
ABSTAINED: None
ABSENT: None
NOT VOTING : None
APPROVED this 14th day of January , 1985 .
AlP
ATTEST : MAYOR
C TY CLERK