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O-01-44ORDINANCE o -01 -44 ABATEMENT OF TAX FOR 2001 LEVY BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF DEERFIELD, LAKE AND COOK COUNTIES, ILLINOIS, AS FOLLOWS: SECTION That the County Clerk of Lake County and the County ONE: Clerk of Cook County are hereby authorized and directed to abate the amounts set forth below of the tax heretofore provided for and levied in Ordinance No. 0 -93- 21 passed April 19, 1993, a copy of which is filed with the respective County Clerks, providing for a levy for the following accounts of the Debt Service Fund of the Village of Deerfield, Lake and Cook Counties, Illinois: Bonds to be Abated Amount of Abatement General Obligation Bonds - Series 1993 $1,064,910 SECTION That the Village of Deerfield has on hand TWO: sufficient funds from tax proceeds to pay a portion of the total tax levied by the above - described Ordinance for said purpose for the fiscal year commencing May 1, 2001, therefore a reduced tax levy is appropriate. SECTION That the Village Clerk is hereby directed to file THREE: certified copies of this Ordinance with the County Clerks of Lake and Cook Counties. SECTION That this Ordinance shall be in full force and FOUR: effect from its passage and approval, as provided by law.