O-96-48ORDINANCE 0 -96'48
ABATEMENT OF TAX FOR 1996 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 -87 -64 passed December 16, 1987, 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 For the Year Amount of Abatement
1987 Series 1996 $843,000
1997 843,000
1998 843,000
1999 843,000
2000 7,549,000
2001 3,127,500
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, 1996;
therefore, a reduced 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, Heuberger, Rosenthal, Seidman, Swanson
NAYS: None (0)
ABSENT: Swartz (1)
PASSED this 16th day of December, A.D., 1996
APPROVED this 16th day of December , A.D., 1996
VILLAGE PRESIDENT
ATTEST:
VIAVAGE CLERK