HomeMy WebLinkAboutRESOLUTIONS-2015-106-R-1511 /02/2015
106-R-15
A RESOLUTION
Abating Taxes Levied for the Year 2015
Heretofore Levied to Pay Principal and Interest on
Not to Exceed $15,000,000 General Obligation Corporate
Purpose Bonds, Series 2006B, of the City of Evanston
Cook County, Illinois
WHEREAS, on the 11th day of December, 2006, the City Council
of the City of Evanston, Cook County, Illinois, did adopt Ordinance 121-0-06
entitled:
and
An Ordinance providing for the issuance of not to exceed
$15,000,000 General Obligation Bonds, Series 2006B, of the City
of Evanston, Cook County, Illinois, and in the accompanying Bond
Order providing for the levy and Collection of a direct annual tax for
the payment of the principal of and interest on said bonds;
WHEREAS, there is available from other sources the amount of
Five Hundred Thousand Dollars ($500,000.00) 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
not to exceed Fifteen Million Dollars ($15,000,000.00) General Obligation Bonds,
Series 2006B, of the City of Evanston, Cook County, Illinois, passed December
106-R-15
11, 2006, as Ordinance 121-0-06, be and the same hereby are abated for the
year 2015 by the amount of Five Hundred Thousand Dollars ($ 500,000.00).
SECTION 2: That the City Manager, upon passage of this
Resolution 106-R-15, 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 121-0-06 and the
accompanying Bond Order for the year 2015 in the amount of Five Hundred
Thousand Dollars ($ 500,000.00).
SECTION 1: That the foregoing recitals are hereby found as fact
and made a part hereof.
SECTION 2: That this Resolution 106-R-15 shall be in full force
and effect from and after the date of its passage and approval in the manner
provided by law.
Eli a eth B. Tisdahl, Mayor
st:
Rodeey Greer(e, City Clerk
Adopted: 4kWtiW 1� , 2015
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