HomeMy WebLinkAboutRESOLUTIONS-2002-088-R-0288-R-02
A RESOLUTION
• Abating Taxes Levied for the Year 2002
Heretofore Levied To Pay Principal And Interest On
$11,160,000 Corporate Purpose Bonds,
Series 1998 of The City of Evanston,
Cook County, Illinois
WHEREAS, The City Council of the City of Evanston, Cook County, Illinois, did on
14`h day of April, 1998 adopt Ordinance 38-0-98, and Ordinance entitled:
An Ordinance providing for the issuance of $11,160,000 Corporate Purpose
Bonds, Series 1998, 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 $457,090 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 in the
Ordinance and accompanying Bond Order providing for
the issuance of $11,160,000 Corporate Purpose Bonds,
Series 1998 of the City of Evanston, Cook County, Illinois
passed April 14, 1998 as Ordinance 38-0-98, be and the same hereby are abated for
the year 2002 by the amount $457,090.
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 38-0-98 and the accompanying Bond Order for the
year 2002 in the amount of $457,090.
SECTION 3: That this Resolution shall be in full force and effect from and
after its passage and�approval in the manner -provided by law.
Mayor
AEST,
City Clerk
2002
Adopted .1�„ C, �,_,: j s