HomeMy WebLinkAboutResolutions - R-04-013.03 - 12/01/2003 - IDOT MFTr
111int is Department
of �ansportation
R-04-013.03
Obligation Retirement Resolutiol
(County or Municipal)
A resolution providing for the retirement of certain municipal Indebtedness by the use of motor fuel tax funds
WHEREAS, the City of McHenry has
(County or Municipality)
outstanding indebtedness described as follows:
$3,500,000 General Obligation Bonds (Motor Fuel Tax Alternative Revenue Source) Series 20001
Sec. 00 -
(Title of bond issue or paving district and municipal motor fuel tax section number)
Bonds or Number of Interest
Public Benefit the Bonds or or Date Amount
Assessments Assessments Principal Due
$423,600.00
and
WHEREAS, in the opinion of this body, the indebtedness described in the preceding paragraph may be retire
with funds allotted to the municipality under the Motor Fuel Tax Law, and
WHEREAS, it appears that sufficient motor fuel tax funds are or will be available when the above indebtedness i
due, and
WHEREAS, the McHenry City Council has, by resolution
(County Board, Council or President and Board of Trustees)
December t , 20 _; , directed the Clerk of MCHe
adopted
County to cancel the 2003 tax levy (for taxes collectable in 7004 1 which would
(year) (year)
have produced funds to pay this indebtedness. (Not applicableto special assessment projects.)
NOW, THEREFORE, BE IT RESOLVED, that there is hereby appropriated the sum of Four hundred twenty
three thousand, six hundred and Dollars ,,nn cnn nn ) from funds allotted to the county or
(S—.e,.,�—
=n c pality under the Motor Fuel Tax Law for the payme.ent of the above -described indebtedness, and
BE IT FURTHER RESOLVED, that the Clerk shall immediately transmit three (3) certified copies of this resolution
to the District Engineer, Department of Transportation, at Srhaumhur¢ , Illinois.
SLR 4133(Rev 10/87)
it
I,
JANICE C. JONES
Forthe CITY of
(County or Municipality)
CITY
(County or Municipal)
MCHENRY
the foregoing to be a true, perfect and complete copy of resolution adopted by the
Clerk in and
hereby certify
MCHENRY CITY COUNCIL at a meeting on DECEMBER 1ST
(County Board, Council or President and Board of Trustees)
2003
IN TESTIMONY WHEREOF, I have hereunto set my hand and seal this 30TH day
of NOVEMBER A.D.20 03
MUNI XPAl Clerk
(C01Qty or unicipa