Village of Lombard - File #: 210028

• File #: 210028
• Version: 1
• Name: Ordinance Providing for the Abatement of All of the Taxes Heretofore Levied for the Year 2020 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: 1/13/2021
• In control: Village Board of Trustees
• Final action: 1/21/2021
• Title: Ordinance Providing for the Abatement of All of the Taxes Heretofore Levied for the Year 2020 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.

Date	Ver.	Action By	Action	Result
1/25/2021	1	Recorder	Recorded
1/21/2021	1	Village Board of Trustees	waived of first reading and passed on second reading with suspension of the rules	Pass

Title

Ordinance Providing for the Abatement of All of the Taxes Heretofore Levied for the Year 2020 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.

Body

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