Department of Finance city of chicago
To: Distribution
From: Lois A. Scott, if:
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Chief Financial Officer
Date: February 7,2014
Subject: Abatement of 2013 Levy for
General Obligation Bonds Taxable Project Scries 201 OB Build America Bonds- Direct Payment)
For your information, attached is a copy of the memorandum sent to the members of the City Council of the City of Chicago and the abatement certificate filed with the County Clerks of Cook and DuPage Counties abating the 2013 property tax levy for the bond issue. Under the bond ordinance, the Chief Financial Officer has the authority to abate the property taxes levied if sufficient funds are held with the depository.
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James McDonald ¦ xr ¦
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LAS:kr/ja
121 NORTH LAS ALL E STREET, ROOM 700. CHICAGO, ILLINOIS 60602
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Department of Finance
CITY OF CHICAGO
February 7, 2014
To the Honorable Rahm limanuel, 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 2010 B (Build America Bonds-Direct Payment) is the Certificate of Tax Abatement filed with the County Clerks of Cook and DuPage Counties abating the 2013 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.
Sincerely,
Lois A. Scott Chief Financial Officer
LAS:kr/ja
12J NORTH LASALLE STREET. ROOM 700, CHICAGO, ILLINOIS 60602
Department of Finance city of chicago
NOTIFICATION AND DIRECTION FOR ABATEMENT OF CERTAIN TAXES LEVIED FOR THE YEAR 2013 TO PAY PRINCIPAL OF AND INTEREST...
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