HomeMy WebLinkAboutRESOLUTIONS-1992-092-R-9292-R-92
A RESOLUTION
• Abating Taxes Levied For the Year 1992
Heretofore Levied To Pay Principal And
Interest On $36,240,000 Corporate Purpose
Bonds, Series 1992 Of The City Of
Evanston, Cook County, Illinois
WHEREAS, the City Council of the City of Evanston, Cook
County, Illinois, did on the 27th day of April, 1992, adopt
Ordinance 28-0-92, an Ordinance entitled:
An Ordinance providing for the issuance of $36,240,000
Corporate Purpose Bonds, Series 1992, 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 principal and
interest on said bonds; and
WHEREAS, there is available from other sources the
amount of $4,495,743.96 which may lawfully be utilized
to pay all 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:
Is SECTION I: That the taxes heretofore levied and
provided for in the Ordinance and
accompanying Bond Order providing for
the issuance of $36,240,000 Corporate Purpose Bonds,
Series 1992 of the City of Evanston, Cook County,
Illinois, passed April 27, 1992 as Ordinance 28-0-92, be
and the same hereby are abated for the year 1992 by the
amount of $4,495,743.96
SECTION 2: That the City Manager, upon passage of this
resolution, 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 28-0-92 for
the year 1992 in the amoun f $4,495,743.96.
Mayor
ATTEST: N
• C y Clerk '
Adopted 'may 1992