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O-08-41ORDINANCE 0 -08- 41 Abating All of the 2008 Tax Levy Requirements For the Series 1998 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: SEC'T'ION 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 -98 -15 passed April C, 1998, copies of which have been tiled 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 $2,043,500 SECTION TWO: That the Village of Deerfield, pursuant to Ordinance 0- 08 -30, did redeem these bonds by payment in total of the entire amount due on October 1, 2008; therefore a reduced tax levy is appropriate. SECTION THREE: That the Village Clerk is hereby directed to file certified copies ofthis 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: Benton, Jester, NAYS: 0 ABSENT: 0 PASSED this 15th day of De APPROVED this 15th day of ATTEST: VILLAGE CLERK