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HomeMy WebLinkAboutRESOLUTIONS-2015-114-R-1511 /02/2015 114-R-15 A RESOLUTION Abating Taxes Levied for the Year 2015 Heretofore Levied to Pay Principal and Interest on Not to Exceed $12,700,000 General Obligation Bonds, Series 2013A, of the City of Evanston, Cook County, Illinois WHEREAS, on the 22nd day of July, 2013, the City Council of the City of Evanston, Cook County, Illinois, did adopt Ordinance 84-0-13 entitled: and An Ordinance providing for the issuance of one or more series of not to exceed $12,700,000 General Obligation Bonds, Series 2013A, of the City of Evanston, Cook County, Illinois, 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 of and interest on said bonds; WHEREAS, there is available from other sources the amount of One Hundred Seventy -One Thousand, Eight Hundred Seven Dollars ($171,807.00) 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 Bonds, Series 2013A, of the City of Evanston, Cook County, 114-R-15 Illinois, passed July 22, 2013, as Ordinance 84-0-13, be and the same hereby are abated for the year 2015 by the amount of One Hundred Seventy -One Thousand, Eight Hundred Seven Dollars ($171,807.00). SECTION 2: That the City Manager, upon passage of this Resolution 114-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 84-0-13 and the accompanying Bond Order for the year 2015 in the amount of One Hundred Seventy -One Thousand, Eight Hundred Seven Dollars ($171,807.00). SECTION 1: That the foregoing recitals are hereby found as fact and made a part hereof. SECTION 2: That this Resolution 114-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. EI' eth B. Tisdahl, Mayor Attest: �xe� Rodney Gr Oe, CityOerk l Adopted: Y VA , 2015 -2- 11 /02/2015 115-R-15 A RESOLUTION Abating Taxes Levied for the Year 2015 Heretofore Levied to Pay Principal and Interest on Not to Exceed $30,000,000 General Obligation Bonds, Series 2013B, of the City of Evanston, Cook County, Illinois WHEREAS, on the 28th day of October, 2013, the City Council of the City of Evanston, Cook County, Illinois, did adopt Ordinance 114-0-13 entitled: and An Ordinance providing for the issuance of one or more series of not to exceed $30,000,000 General Obligation Refunding Bonds, Series 2013B, of the City of Evanston, Cook County, Illinois, for refunding 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 of and interest on said bonds; WHEREAS, there is available from other sources the amount of Eight Hundred Twenty -Four Thousand, Three Hundred Seventy -One Dollars ($824,371.00) 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 115-R-15 General Obligation Bonds, Series 2013B, of the City of Evanston, Cook County, Illinois, passed October 28, 2013, as Ordinance 114-0-13, be and the same hereby are abated for the year 2015 by the amount of Eight Hundred Twenty - Four Thousand, Three Hundred Seventy -One Dollars ($824,371.00). SECTION 2: That the City Manager, upon passage of this Resolution 115-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 114-0-13 and' the accompanying Bond Order for the year 2015 in the amount of Eight Hundred Twenty -Four Thousand, Three Hundred Seventy -One Dollars ($824,371.00). SECTION 1: That the foregoing recitals are hereby found as fact and made a part hereof. SECTION 2: That this Resolution 115-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. Eliz th B. Tisdahl, Mayor Attest: Rodney Gre/ne, CityAlerk , Adopted: �UTNQU �4 , 2015 -2-