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HomeMy Public PortalAboutResolution 1398VILLAGE OF PLAINFIELD RESOLUTION NO. 1398 ABATING THE 2003 TAX LEVIES FOR THE GENERAL REFUNDING ~ OBLIGATION BONDS, SERIES 2003B, OF THE VILLAGE OF PLAINFIELD, ~ ILLINOIS. PUBLISHED IN PAMPHLET FORM BY THE AUTHORITY OF THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF PLAINFIELD, WILL COUNTY, ILLINOIS, THIS 29TH DAY OF JANUARY, 2004. RESOLUTION NO. 1398 RESOLUTION ABATING THE 2003 TAX LEVIES FOR THE GENERAL REFUNDING OBLIGATION BONDS, SERIES 2003B, OF THE VILLAGE OF PLAINFIELD, ILLINOIS. WHEREAS, there was ordained by the President and Board of Trustees of Plainfield, Illinois on December 1, 2003 Ordinance No. 2375 entitled "Supplemental Ordinance Providing for the Issuance of $4,615,000 General Obligation Bands, Series 2003B, of the Village of Plainfield, Illinois"; and WHEREAS, the Village Treasurer has certified to the Board of Trustees that there are sufficient funds an hand in Revenue to meet the requirements of the Debt Service Fund described in Section 13 of Ordinance No. 2375 to pay the principal of and interest on the 2003B Series bands authorized by said Ordinance (s) as the same become due during the period for which the 2003 Tax Levy was made; and WHEREAS, it is in the best interest of the Village of Plainfield that the taxes levied for Tax Levy Year 2003 under said Ordinance Na. 2375 be abated. NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF PLAINFIELD, WILL COUNTY, ILLINOIS, AS FOLLOWS: Section 1: That the preamble hereto is herewith reinstated as though fully reprinted. Section 2: That the levy set forth in Ordinance No. 2375 Section 10 for the 2003 Tax Levy Year in the amount of $483,496.29 for series 2003E Bonds is herewith abated. Section 3: That operating revenue of the Village sufficient to pay the principal and interest on the Bonds when due during the period for which the taxes are abated hereunder (through January 1, 2004) are herewith pledge to said payments of principal and interest and the Debt Service Funds in compliance with Ordinance No. 2375 Section 13, as it applies to Series 2003B Account. Section 4: That immediately upon this Resolution becoming effective, a copy thereof certified by the Village Clerk, which certificate shall recite that this Resolution has been duly adopted, shall be filed with the County Clerks of Will and Kendall Counties, Illinois, who are hereby directed to abate said taxes for the 2003 tax Levy Year and not to extend the same for collection. Section 5: The Village Clerk is hereby authorized and directed to publish this Resolution in pamphlet form and to file copies thereof for public inspection in her office. This Resolution shall become effective in the manner provided by law. ADOPTED this 19th day of January, 2004 by a roll call vote as follows: AYES: 6 NAYS: 0 ~7 c PILLAGE CLERK ~' APPROVED:1/19/04 ATTEST: V SI VILLAGI CERTIFICATE REGARDING THE SUFFICIENCY OF FUNDS AVAILABLE TO PAY THE PRINCIPAL AND INTEREST WHEN DUE ON THE GENERAL REFUNDING OBLIGATION BONDS, SERIES 2003B, OF THE VILLAGE OF PLAINFIELD. I, KAREN IVLOW, the duly appointed and acting Village Treasurer of the Village of Plainfield, Illinois, do herewith certify as follows: 1. That I am acquainted with the terms and provisions of Ordinance No. 2375 adopted by the President and Board of Trustees of the Village of Plainfield on December 1, 2003 and that I have knowledge of the financial records of the Village. 2. That the assets in the Debt Service Fund created by said Ordinance (s), are available for the payment of debt service on 2003B Series Bonds authorized by said Ordinance(s) according to the ratio established by Section 13 of Ordinance No.2375. 3) That the assets in the Debt Service Fund and the Enterprise Fund created by said Ordinance contain sufficient assets to pay debt service on the Bonds when due through and including January 1, 2004. IN WITNESS WHEREOF, I have hereunto set my hand thisday of ~' ~ , 2004. f VILL GET ASURER I~Au Ti7u~••••n1 ttn~uw ~~~ VILLAGE C1P PLAINFIELD ~ ~ January 29, 2004 N1s. Nancy Schultz Voots County Clerk of Will County Will County Office Building 302 N. Chicago Street Joliet, IL 60432-4060 Enclosed please find the following documents for filing: Richard A. Rock PRESIDENT Susan Janik VfI.LAGE CLERK TRUSTEES Michael Collins Paul Pay Kathy O'Connell Ron Swalwell Stephen Thomson James A. Waldorf • Resolution No. 1395 abating the 2003 Tax Levies for the General Refunding Obligation Bonds, Series 1999B; • Resolution No. 1396 abating the 2003 Tax Levies for the General Refunding Obligation Bonds, Series 2000; • Resolution No. 1397 abating the 2003 Tax Levies far the General Refunding Obligation Bonds, Series 2003A; • Resolution No. 1398 abating the 2003 Tax Levies for the General Refunding Obligation Bonds, Series 2003B. Please send me Certificates of Filing and if you have any questions da nat hesitate to contact me at 815-439-2921. Sinc ely, C. ~~,,~ ~.~'~ Susan Janik, C C Village Clerk 24000 ~? Lockport Street Plainfield, IL 60544 Phone (815) 436-093 Fax (815) 43ci-1950 Web «-~~-~vplainfield-il.org 1^INt u~u~....w 11"'u1.. VILLA4Y. OH PLAINFIELD L ~ ~. ~ January 29, 2004 Mr. Paul Anderson Kendall County Clerk 111 W. Fox Street Yorkville, IL 60560 Dear Mr. Anderson: Enclosed please find the following documents for filing: Richard A. Rock PRL•51C)ENT Susan Janik VILLAC;E CLERK TRUSTEES Michael Collins Paul Fay Kathy O'Connell Ron 5walwell Stephen Thomson James A. Waldorf • Resolution No. 1395 abating the 2003 Tax Levies for the General Refunding Obligation Bonds, Series 1999B; • Resolution No. 1396 abating the 2003 Tax Levies for the General Refunding Obligation Bonds, Series 2000; • Resolution No. 1397 abating the 2003 Tax Levies for the General Refunding Obligation Bonds, Series 2003A; w Resolution No. 1398 abating the 2003 Tax Levies for the General Refunding Obligation Bands, Series 2003B. Please send me Certificates of Filing and if you have any questions do not hesitate to contact me at $15-439-2921. ?4000 `~_ Lockport Street Plain~teld, 1L 60544 Phone (815j 436- %093 Fay (815) 436-1950 .Web ~vw~x~plainfield-il.or~ STATE OF ILLINOIS ) SS. COUNTY OF WILL ) I, NANCY SCHULTZ VOOTS, County Clerk of Will County, Illinois, do hereby certify that an the _day of ~tlA.. , 2004, there was filed in my office, Village of Plainfield Certified copy of Resolution abating $483,496.29 from 2003 Levy far the 2003B Series General Obligation Bonds. Given under nny hand and the Seal of Will County, Illinois, this ~~day of ~ f2l ~' , 2004. NA CY SCI~ULTZ VOOTS County Clerk of Will County, Illinois STATE OF ILLINOIS ) SS. COUNTY OF KENDALL ) I, PAUL ANDERSON, County Clerk of Kendall County, Illinois, do hereby certify that an the ~d day of ~, , 2004, there was filed in my office, Village of Plainfield Certified copy of Resolution / ~ abating $483,496,29 from 2003 Levy for the 2003B Series General Obligation Bonds. rc~ ~L Given under my hand and the Seal of Will County, Illinois, this ~"Tday of ~Y~V'G!a/' , 2004. PAUL ANDERSON County Clerk of Kendall County, Illinois