HomeMy WebLinkAboutRESOLUTIONS-2002-081-R-0281 -R-02
A RESOLUTION
• Abating Taxes levied for the Year 2002
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 the principal of and interest on said bonds; and
WHEREAS, there is available from other sources the amount of $2,614,841.26
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 1: That the taxes heretofore levied and provided for the 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 2002 by the amount of $2,614,841.26.
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 and the accompanying Bond Order for the
year 2002 in the amount of $2,614,841.26.
SECTION 3: That this Resolution shall be in full force and effect from and after its
passage approv�I in the manner provided by law.
Mayor
Attest:
• cityrk
Adopted `\.` �`'` 4 �' '�`� ` �' ,2002