Department of Finance city of chicago
January 15, 2013
To the Honorable Ralim Emanuel, Mayor, and the Members of the City Council of Chicago:
Attached herewith, in accordance with the provisions of the ordinance authorizing the issuance of City of Chicago General Obligation Bonds, Taxable Project Series 201 OB (Build America Bonds -Direct Payment) is the Certificate of Tax Abatement filed with the County Clerks of Cook and DuPage Counties abating the 2012 property tax levy for the bond issue. Under the above-mentioned ordinance, the Chief Financial Officer is directed to abate the property taxes levied for the bond issue if sufficient funds are held with the depository.
Sincerel
J^ois A. Seen Chief Financial Officer
LAS: kr/lrl
33 NORTH LASALLE STREET, SUITE 600, CHICAGO, ILLINOIS 60602
Department of Finance city of chicago
NOTIFICATION AND DIRECTION FOR ABATEMENT OF CERTAIN TAXES LEVIED FOR THE YEAR 2012 TO PAY PRINCIPAL OF AND INTEREST ON $213,555,000 CITY OF CHICAGO GENERAL OBLIGATION BONDS, TAXABLE PROJECT SERIES 2010B (BUILD AMERICA BONDS-DIRECT PAYMENT)
STATE OF ILLINOIS )
) SS:
COUNTY OF COOK )
To: The County Clerks of Cook and DuPage Counties:
Please be advised that on July 28, 2010, the City Council of the City of Chicago (the "City") adopted an ordinance (the "Ordinance") authorizing the issuance of $213,555,000 General Obligation Bonds, Taxable Project Series 2010B (Build America Bonds-Direct Payment), and in connection therewith, the abatement of certain taxes with respect thereto. The Ordinance is now in full force and effect, and a copy thereof, certified by the City Clerk of the City, has heretofore been filed in your office.
YOU ARE HEREBY ORDERED AND DIRECTED to abate from the taxes levied in Section 7 of the Ordinance, the amount of such abatement and the remainder of such taxes so levied which is to be extended for collection being as follows:
Amount of Tax Levied In Reduction Resulting from General Remainder of Ta...
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