O-03-41ORDINANCE 0 -03- 41
Abating All of the 2003 Tax Levy Requirements
For the Series 1998 General Obligation Bonds
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 Clerk of Cook
ONE: County are hereby authorized and directed to abate the amounts set forth
below of the tax theretofore provided for and levied in Ordinance 0 -98 -15
passed April 6, 1998, 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 — 1998 $1,941,750
SECTION That the Village of Deerfield has on hand sufficient funds from tax proceeds
TWO: to.pay the total tax levied by the above described Ordinance for said purpose
for the fiscal year commencing May 1, 2003, therefore a reduced tax levy is
appropriate.
SECTION That the Village Clerk is hereby directed to file certified copies of this
THREE: Ordinance with the County Clerks of Lake and Cook Counties.
SECTION That this Ordinance shall be in full force and effect from its passage and
FOUR: approval, as provided by law.
AYES: Benton, Kayne, Rosenthal, Seiden, Swanson, Wylie (6)
NAYS: None (0 )