File #:

210385    Version: 1 2

Name:

Ordinance Providing for the Abatement of All of the Taxes Heretofore Levied for the Year 2021 to Pay Debt Service on General Obligation Bonds (Alternate Revenue Source), Series 2018, of the Village of Lombard, DuPage County, Illinois

Type:

Ordinance

Status:

Passed

File created:

11/22/2021

In control:

Village Board of Trustees

On agenda:

Final action:

12/16/2021

Title:

Ordinance Providing for the Abatement of All of the Taxes Heretofore Levied for the Year 2021 to Pay Debt Service on General Obligation Bonds (Alternate Revenue Source), Series 2018, of the Village of Lombard, DuPage County, Illinois Ordinance abating the property taxes that were levied as part of the bond issuance from 2018 with the primary source of the funds for repayment of these bonds being the Water & Sewer Capital Reserve Fund. Waiver of first requested by staff due to required expedited filing with the County Clerk.

Attachments:

1. BOT-11-16-2021-LEG#210385.pdf, 2. Ordinance 8013 Abatement of Taxes 2021.pdf, 3. Cover Page 210385.pdf