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107-R-14
A RESOLUTION
Abating Taxes Levied for the Year 2014
Heretofore Levied to Pay Principal and Interest on
Not to Exceed $13,000,000 General Obligation Bonds, Series
2014A, of the City of Evanston,
Cook County, Illinois
WHEREAS, on the 6th day of August, 2014, the City Council of the
City of Evanston, Cook County, Illinois, did adopt Ordinance 91-0-14 entitled:
and
An Ordinance providing for the issuance of one or more series of
not to exceed $13,000,000 General Obligation Corporate Purpose
Bonds, Series 2014, of the City of Evanston, Cook County, Illinois
for capital improvement purposes, authorizing the execution of one
or more bond orders in connection therewith and providing for the
levy and collection of a direct annual tax for the payment of the
principal and interest on said bonds.
WHEREAS, there is available from other sources the amount of
Two Hundred Thirty -One Thousand, Two Hundred Twenty -Seven Dollars
($231,227.00) which may lawfully be utilized to pay sums due on said bonds for
which taxes were heretofore levied;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL,
OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: That the taxes heretofore levied and provided for in
the Ordinance and in the accompanying Bond Order providing for the issuance of
General Obligation Bands, Series 2014A of the City of Evanston, Cook County,
107-R-14
Illinois, passed August 6, 2014, as Ordinance 91-0-14, be and the same hereby
are abated for the year 2014 by the amount of Two Hundred Thirty -One
Thousand, Two Hundred Twenty -Seven Dollars ($231,227.00).
SECTION 2: That the City Manager, upon passage of this
Resolution 107-R-14, shall cause to be filed with the County Clerk of Cook
County, Illinois, a certified copy hereof and shall direct said County Clerk to abate
the taxes heretofore levied under said Ordinance 91-0-14 and the accompanying
Bond Order for the year 2014 in the amount of Two Hundred Thirty -One
Thousand, Two Hundred Twenty -Seven Dollars ($231,227.00).
SECTION 1: That the foregoing recitals are hereby found as fact
and made a part hereof.
SECTION 2: That this Resolution 107-R-14 shall be in full force
and effect from and after the date of its passage and approval in the manner
provided by law.
Atte
ney G ene, City Clerk
Adopted: C)(20_emb2.r "�,, 2014
Eliz th B. Tisdahl, Mayor
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