HomeMy WebLinkAboutRESOLUTIONS-1997-055-R-9755-R-97
• A RESOLUTION
Abating Taxes Levied For The Year 1997
Heretofore Levied To Pay Principal And Interest On
$10,835,000 Corporate Purpose Bonds,
Series 1995 Of The City of Evanston,
Cook County, Illinois
WHEREAS, The City Council of the City of Evanston, Cook County, Illinois, did on
the 31st day of March, 1995, adopt Ordinance 28-0-95, an Ordinance entitled:
An Ordinance providing for the issuance of $10,835,000 Corporate Purpose Bonds,
Series 1995, 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 $324,180 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
in the accompanying Bond Order providing for the issuance of
$10,835,000 Corporate Purpose Bonds, Series 1995 of the City of
Evanston, Cook County, Illinois, passed March 31, 1995, as Ordinance 28-0-95, be and the
same hereby are abated for the year 1997 by the amount of $324,180.
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 28-0-95 and the accompanying Bond Order f r the year 1997 in
the amount of $324,180.
Mayor
ATTEST:
City Clerk.. 0
• Adopted 1997