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Rosemont adopts consent agenda to abate 2024 tax levy on bond series

Village of Rosemont Board of Trustees · March 10, 2025
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Summary

Trustees unanimously approved a consent agenda that included Ordinances 2025-3-10A, 2025-3-10B and 2025-3-10C, abating parts of the 2024 tax levy for several general obligation bond series.

The Village of Rosemont Board of Trustees established a consent agenda and then adopted three ordinances that abate portions of the 2024 tax levy for identified taxable and corporate purpose bond series. Trustee Jack Dorgan moved to establish the consent agenda; Trustee Steve Price seconded the motion. The ordinances listed on the consent agenda included Ordinance No. 2025-3-10A, 2025-3-10B and 2025-3-10C.

The board then approved the listed ordinances by separate motion, recorded as unanimous with Trustee Harry Pappas absent. The minutes list the targeted bond amounts associated with those abatements, for example a $34,450,000.00 taxable general obligation refunding bond series described in Ordinance 2025-3-10A.