HomeMy WebLinkAboutRESOLUTIONS-2002-090-R-0290-R-02
A RESOLUTION
• Abating Taxes Levied for the Year 2002
Heretofore Levied to Pay Principal and Interest On
$37,100,000 Corporate Purpose Bonds,
Series 2000 Of the City of Evanston,
Cook County, Illinois
WHEREAS, The City Council of the City of Evanston, Cook County, Illinois, did on
the 261h day of June, 2000, adopt Ordinance 68-0-00, and Ordinance entitled:
An Ordinance providing for the issuance of General Obligation Variable Rate
Demand Bonds, Series 2000 A (Maple Street Project), Table Series 2000 B(Maple
Street Project), Series 2000 C (Recreation Center Project), and Series 2000 D
(Capital Improvements Projects), of the City of Evanston, Cook County, Illinois,
and providing for the levy and collection of a direct annual tax of the payment of
the principal of and interest on said bonds; and
WHEREAS, there is available from other sources the additional amount of
$2,916,000 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
providing for the issuance of $37,100,000 Corporate Purpose Bonds,
Series 2000 of the City of Evanston, Cook County, Illinois, passed
June 27, 2000 as Ordinance, be and the same hereby are abated for
the year 2002 by the amount of $2,916,000.
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
therefore levied under said Ordinance 68-0-00 in the additional amount of $2,916,000.
SECTION 3: That this Resolution shall be in full force and effect from and after its
passage and approval in th"nanner provided by lgw.
'l
Mayor
• ATTEST: }
City Clerk s
J
Adopted ��, ; ';`': Z. �.t , 2002
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