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HomeMy WebLinkAboutOrdinances - ORD-19-1994 - 12/16/2019 - GOB 2012c 1JIr,Hh•1rY��- �y�Gx� v � CITY OF MCHENRY MCHENRY COUNTY STATE OF ILLINOIS Ordinance ORD-19-1994 AN ORDINANCE PROVIDING FOR AN ABATEMENT OF REAL ESTATE TAXES LEVIED FOR THE 2019 TAX LEVY YEAR PURSUANT TO AN ORDINANCE ADOPTED BY THE CITY COUNCIL OF THE CITY OF MCHENRY, ILLINOIS, ON AUGUST 27, 2012, PROVIDING FOR THE ISSUANCE OF $3,100,000 GENERAL OBLIGATION BONDS (ALTERNATE), SERIES 2012 OF THE CITY OF MCHENRY, ILLINOIS, FOR THE PURPOSE OF FINANCING THE RENOVATION OF WATER TREATMENT PLANT NO. 2 AND HVAC AND ROOF REPAIRS AT THE PUBLIC WORKS GARAGE Passed by the Mayor and City Council Of the City of McHenry McHenry County State of Illinois December 16, 2019 Published in pamphlet form by authority of the Mayor and City Council of the City of McHenry, McHenry County, Illinois this 17th day of December, 2019. ORDINANCE NO. ORD-19-1994 AN ORDINANCE PROVIDING FOR AN ABATEMENT OF REAL ESTATE TAXES LEVIED FOR THE 2019 TAX LEVY YEAR PURSUANT TO AN ORDINANCE ADOPTED BY THE CITY COUNCIL OF THE CITY OF MCHENRY, ILLINOIS, ON AUGUST 27, 2012, PROVIDING FOR THE ISSUANCE OF $3,100,000 GENERAL OBLIGATION BONDS (ALTERNATE), SERIES 2012 OF THE CITY OF MCHENRY, ILLINOIS, FOR THE PURPOSE OF FINANCING THE RENOVATION OF WATER TREATMENT PLANT NO.2 AND HVAC AND ROOF REPAIRS AT THE PUBLIC WORKS GARAGE WHEREAS, an ordinance was adopted by the City Council of the City of McHenry, Illinois on August 27, 2012 providing for the issuance of$3,100,000 General Obligation Bonds (Alternate), Series 2012 of the City of McHenry, Illinois, for the purpose of financing the Renovation of Water Treatment Plant No. 2 and HVAC and Roof Repairs at the Public Works Garage; and WHEREAS, the Series 2012 Bonds are payable from, and are secured by a pledge of, the City's distributive share of sales and use taxes imposed by the State of Illinois and derived from transactions at places of business located within the boundaries of the City, including monies paid by the State in replacement of the City's distributive share of such taxes;and WHEREAS, pursuant to the aforesaid Supplemental Ordinance a direct tax has been levied for the 2019 Tax Levy Year in the amount of$204,232.50 for the payment of the principal and interest due in the year 2020 on the Series 2012 Bonds authorized by said ordinance;and WHEREAS,the City's distributive share of sales and use taxes imposed by the State of Illinois and derived from transactions at places of business located within the boundaries of the City which have been pledged for the payment of the principal and interest on the Series 2012 Bonds otherwise payable from such levy for the 2019 Tax Levy Year are on deposit in the Series 2012 Debt Service Fund established by Section 13 of the aforesaid Ordinance and it is therefore the determination of the Corporate Authorities of the City of McHenry, Illinois, that the real estate taxes levied for the Tax Levy Year 2019 pursuant to said Ordinance shall be abated. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF MCHENRY, MCHENRY COUNTY, ILLINOIS,as follows: SECTION 1. All real estate taxes authorized to be levied for the 2019 Tax Levy Year pursuant to the ordinance adopted by the City Council of the City of McHenry, Illinois on August 27, 2012, providing for the issuance of$3,100,000 General Obligation Bonds (Alternate),Series 2012 of the City of McHenry, Illinois, for the purpose of financing the Renovation of Water Treatment Plant No. 2 and HVAC and Roof Repairs at the Public Works Garage; be and they are hereby abated in the amount of 100%thereof. SECTION 2. The City Clerk shall file a certified copy of this Ordinance in the Offices of the Clerk of the County of McHenry, Illinois after the effective date of this ordinance. SECTION 3. All ordinances or parts thereof in conflict with the terms and provisions hereof be and the same hereby repealed to the extent of such conflict. SECTION 4. This ordinance shall be published in pamphlet form by and under the authority of the Corporate Authorities of the City of McHenry, Illinois. SECTION 5. This ordinance shall be in full force and effect immediately from and after its passage, approval and publication, as provided by law. Passed this 16th day of December, 2019. Ayes Nays Absent Abstain Alderman Devine k Alderman Glab } Alderman Mihevc X Alderwoman Miller k Alderman Sand —� Alderman Schaefer X Wayne ett or Trisha Ramel, City Clerk STATE OF ILLINOIS ) COUNTY OF MCHENRY ) CERTIFICATION I, Monte Johnson, do hereby certify that I am the duly appointed, acting and qualified Deputy City Clerk of the City of McHenry,McHenry County,Illinois, and that as such City Clerk, I am the keeper of the records and minutes and proceedings of the Mayor and Aldermen of said City of McHenry. I do hereby further certify that at a regular meeting of the Mayor and Aldermen of the City of McHenry, held on the 161h day of December, 2019, the foregoing Ordinance entitled AN ORDINANCE PROVIDING FOR AN ABATEMENT OF REAL ESTATE TAXES LEVIED FOR THE 2019 TAX LEVY YEAR PURSUANT TO AN ORDINANCE ADOPTED BY THE CITY COUNCIL OF THE CITY OF MCHENRY, ILLINOIS, ON UGUST 27, 2012, PROVIDING FOR THE ISSUANCE OF$3,100,000 GENERAL OBLIGA TION B ONDS(ALTERNATE), SERIES 2012 OF THE CITY OF MCHENRY, ILLINOIS, FOR THE PURPOSE OF FINANCING THE RENOVATION OF WATER TREATMENT PLANT NO. 2 AND HVAC AND ROOF REPAIRS AT THE PUBLIC WORKS GARAGE, was duly passed by the City Council of the City of McHenry. The pamphlet form of Ordinance Number ORD-19-1994, including the Ordinance and a cover sheet thereof, was prepared, and a copy of such Ordinance was posted in the City Hall, commencing on the 17th day of December, 2019, and will continue for at least 10 days thereafter. Copies of such Ordinance are also available for public inspection upon request in the office of the City Clerk. I do further certify that the original, of which the attached is a true and correct copy, is entrusted to me as the Clerk of said City for safekeeping, and that I am the lawful custodian and keeper of the same. GIVEN under my hand and seal this 171h day of December, 2019. 7 " CL. Monte Johnson, Deputy City Clerk City of McHenry, McHenry County, Illinois (SEAL)