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HomeMy WebLinkAboutRESOLUTIONS-1997-054-R-9754-R-97 • A RESOLUTION Abating Taxes Levied For The Year 1997 Heretofore Levied To Pay Principal And Interest On $1,850,000 Corporate Purpose Bonds, Series 1994 Taxable Of The City of Evanston, Cook County, Illinois WHEREAS, The City Council of the City of Evanston, Cook County, Illinois, did on the 28th day of March, 1994, adopt Ordinance 23-0-94, an Ordinance entitled: An Ordinance providing for the issuance of $1,850,000 General Obligation Corporate Purpose Bonds, Series 1994 Taxable, 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; and WHEREAS, there is available from other sources the amount of $192,555 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 I: That the taxes heretofore levied and provided for in the Ordinance and accompanying Bond Order providing for the issuance of $1,850,000 General Obligation Corporate Purpose Bonds, Series 1994 of the City of Evanston, Cook County, Illinois, passed March 28, 1994, as Ordinance 23-0-94, be and the same hereby are abated for the year 1997 by the amount of $192,555. 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 23-0-94 and the accompanying Bond Order For the year 1997 in the amount of $192,555. q Mayor ATTEST: City Cler • Adopted 0 LE , 1997