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O-94-50ORDINANCE NO. 0 -94 -_0 ABATEMENT OF TAX FOR 1994 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 ONE: County 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 -86 -17 passed April 27, 1986, 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 $435,000 Series 1986 SECTION That the Village of Deerfield has on hand TWO: sufficient funds from tax proceeds to pay the total tax levied by the above - described Ordinance for said purpose for the fiscal year commencing May 1, 1994, 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. AYES: Ehlers, Neuberger, Rosenthal, Seidman, Swanson, Swartz (6) NAYS: None (0) ABSENT: None (0) PASSED this 19th day of December , A.D., 1994 APPROVED this 14th day of Deremher , A.D., 1994 VILLAGE PRESIDENT