HomeMy WebLinkAboutResolutions - R-19-022 - 12/16/2019 - IDOT Obligation Bond RetirementIllinois Department
of Transportation
WHEREAS the City
Local Public Agency Type
has outstanding indebtedness described as follows:
Obligation Retirement Resolution
Resolution Number Section Number
/P - lei - a �2 ,� 09-00072-00-G B
of McHenry
Name of Local Public Agency
$3.51 Million Taxable General Obligation Bonds - Section 09-00072-00-GB
Bonds or Public Benefit Assessments
Bonds or Assessments
Number(s)
Interest or
Principal
Date Due
Amount
Bonds
2010B
Interest
06/15/20
$8,580.00
Bonds
2010B
Interest
12/15/20
$8,580.00
Bonds
2010B
Principal
12/15/20
$390,000.00
and,
WHEREAS, it appears that sufficient Motor Fuel Tax funds are or will be available when the above indebtedness is due, and
WHEREAS, the City has, by resolution adopted 12/16/19 directed the Clerk of McHenry
Local Public Agency Type Date County
County to cancel the 2019 tax levy (for taxes collectable in 2020 ) which would have produced funds to pay this indebtedness.
Year Year
(Not applicable to special assessment projects.)
NOW, THEREFORE, BE IT RESOLVED, that there is hereby appropriated the sum of
dollars (
) from funds allotted to
City of McHenry under the Motor
Local Public Agency Type Name of Local Public Agency
Fuel Tax Law for the payment of the above described indebtedness, and
BE IT FURTHER RESOLVED, that the Clerk is hereby directed to transmit four (4) certified originals of this resolution to the district office
of the Department of Transportation.
I, Trisha Ramel City Clerk in and for said City of
Name of Clerk Local Public Agency Type Local Public Agency Type
McHenry in the State aforesaid, and keeper of the records and
Name of Local Public Agency
files thereof, as provided by, do hereby certify the foregoing to be a true, perfect and complete copy of a resolution adopted by
Council of McHenry at a meeting held on 12/16/19
Go err ' l3ody Type Name of Local Public Agency Date
IN TE�� I �H. REOF, I have hereunto set my hand and seal this
(S L k 'q lit l6'yjthe-4FA), Clerk Sign
s-
9 day of May, 2024
Day Month, Year
re & Date
A L 6/
t,151*(�// APPROVED
••••" ` �' Regional Eng
z Department o
71"_ D-
on Signature & Date
Completed05/10/24 Page 1 of 1 BLR 15411 (Rev. 07/13/22)