O-16-35ORDINANCE 0 -16 -35
Abating a Portion of the 2016 Tax Levy Requirements
For the Series 2010 General Obligation Bonds
BE IT ORDAINED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE
OF DEERFIELD, LAKE AND COOK COUNTIES, ILLINOIS, AS FOLLOWS:
SECTION ONE: That the County Clerk of Lake County and the County Clerk of Cook County are
hereby authorized and directed to abate the amounts set forth below of the tax theretofore provided
for and levied in Ordinance 0 -10 -35 passed November I, 2010, copies of which have been 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
General Obligation Bonds - Series 2010
Amount of Abatement
$136,500
SECTION TWO: That the Village of Deerfield has on hand sufficient funds from reserves and the
Federal Build America Bonds credit to pay a portion of the total tax levied by the above described
Ordinance for said purpose for the fiscal year commencing January 1, 2017; therefore a reduced tax
levy is appropriate.
SECTION THREE: That the Village Clerk is hereby directed to file certified copies of this
Ordinance with the County Clerks of Lake and Cook Counties.
SECTION FOUR: That this Ordinance shall be in full force and effect from its passage and
approval, as provided by law.
AYES: Jester, Seiden, Shapiro, Struthers
NAYS: None
ABSENT: Farkas, Nadler
PASSED this 5th day of December A. D. 2016
APPROVED this 5th day of December A. D. 2016
o I 9::�:_ -
MAYOR
ATTEST:
G
VILLAGE CLERK