HomeMy WebLinkAboutRESOLUTIONS-1997-056-R-97• 56-R-97
A RESOLUTION
Abating Taxes Levied For The Year 1997
Heretofore Levied To Pay Principal And Interest On
$18,595,000 Corporate Purpose Bonds,
Series 1996 Of The City of Evanston,
Cook County, Illinois
WHEREAS, The City Council of the City of Evanston, Cook County, Illinois, did on
the 9th day of April 1996, adopt Ordinance 32-0-96, an Ordinance entitled:
An Ordinance providing for the issuance of $18,595,000 Corporate Purpose Bonds,
Series 1996, 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 $1,278,720 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
$18,595,000.00 Corporate Purpose Bonds, Series 1996 of the City of
Evanston, Cook County, Illinois, passed April 9,1996, as Ordinance 32-0-96, be and the same
hereby are abated for the year 1997 by the amount of $1,278,720.
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 32-0-96 and the accom anying Bond Order for the year 1997 in
the amount of $1,278,720.
Mayor
ATTEST:
City Cler
• Adopted 0 �' < < 3 , 11997