2024 Tax Abatement for 2021 GO Bonds Approved
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Description
The Village of Shorewood Board approved an ordinance for tax abatement on the 2024 levy associated with its $14,200,000 General Obligation Bonds, Series 2021, and directed filing of the ordinance with the County Clerk of Will County. The County Clerk is required to abate the related taxes in their entirety upon receipt.
Contract Details
Vendor
COUNTY OF WILL ILLINOIS
Agency
Banner village, IL
Contract Type
FINANCIAL_SERVICES
Document Date
November 12, 2024
Contract Term
Filed prior to December 24, 2024 (Ordinance effective upon passage and approval)
Renewal Date
2024-12-24
Renewal Info
Not applicable; the abatement ordinance is a one-time action applying to the 2024 levy only. No ongoing renewal or extension indicated.
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