HomeMy Public PortalAboutResolution 1283RESOLUTION NO. 12 8 3
RESOLUTION ABATING THE 2400 TAX LEVIES FOR THE GENERAL
OBLIGATION BONDS, SERIES 2000, OF THE VILLAGE OF PLAINFIELD, ILLINOIS.
WHEREAS, there was ordained by the President and Board of Trustees of Plainfield,
Illinois on August 22, 2000 Ordinance No. 1989 entitled "Supplemental Ordinance Providing far
the Issuance of $18,000,000 General Obligation Bonds, Series 2000, of the Village of Plainfield,
Illinois"; and
WHEREAS, the Village Treasurer has certified to the Board of Trustees that there are
suflcient funds on hand in Enterprise Revenue to meet the requirements of the Debt Service Fund
described in Section 14 of Ordinance No. 1989 to pay the principal of and interest on the 2000
Series bonds authorized by said Ordinance (s) as the same become due during the period for
which the 2000 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 2000 under said Ordinance No. 1989 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. 1989 Section 11 for the
2000 Tax Levy Year in the amount of $1,494,812.50 for series 2000 Bonds is herewith abated.
Section 3: That operating revenue of the waterworks, and sewerage system 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, 2001) are herewith pledge to said
payments of principal and interest and the Debt Service Funds in compliance with Ordinance No.
1989 Section 14, as it applies to Series 2000 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 Clerk of Will County, Illinois, who is hereby directed
to abate said taxes for the 2000 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 day of February, 2001 by a roll call vote as follows:
AYES: Calabrese NAYS: 0
Cherry
Collins
Rathbun
Smolich
APPROVED: February 26, 2001
VIL AGE PRES
J ~
VILLAGE CLERK %'
y
STATE OF ILLINOIS )
SS.
COUNTY OF WILL )
I, JAN COULD, County Clerk of Will County, Illinois, do hereby certify that on the day of
-~~'+~ , 2001, there was filed in my office, Village of Plainfield Certified copy of
Resolution L7-~ abating $1,494,812.50 from 2000 Levy for the 2000 Series General Obligation
Bonds.
Given under my hand and the Seal of Will County, Illinois, this iZ day of ~ . ,
2001 ~ A
~' v 1.
7 COULD ~.
County Clerk of Will County, Illinois