HomeMy WebLinkAboutRESOLUTIONS-1997-057-R-9757-R-97
• A RESOLUTION
Abating Taxes Levied For The Year 1997
Heretofore Levied To Pay Principal And Interest On
Not to Exceed $37,500,000 General Obligation Corporate Purpose Bonds,
Series 1997, Of The City of Evanston,
Cook County, Illinois
WHEREAS, The City Council of the City of Evanston, Cook County, Illinois, did on
the 8th day of April, 1997, adopt Ordinance 41-0-97, an Ordinance entitled:
An Ordinance providing for the issuance of not to exceed $37,500,000 General
Obligation Corporate Purpose Bonds, Series 1997, 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 $2,741,839 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
I* 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 not to
exceed $37,500,000 General Obligation Corporate Purpose Bonds,
Series 1997 of the City of Evanston, Cook County, Illinois, passed April
8,1997, as Ordinance 41-0-97, be and the same hereby are abated for the
year 1997 by the amount of $2,741,839.
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 41-0-97 and the acanying Bond Order fo the year 1997 in
the amount of $2,741,839. co - I
Mayor
ATTEST:
City Cle v
• Adopted �.�-'i1�-� , 1997