HomeMy WebLinkAboutRESOLUTIONS-2003-058-R-0358-R-03
A RESOLUTION
!' Abating Taxes Levied for the Year 2003
Heretofore Levied To Pay Principal And Interest On
Not to Exceed $35,820,000 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 81h day of April, 1997, adopt Ordinance 41-0-97, an Ordinance entitled:
An Ordinance providing for the issuance of not to exceed $35,820,000 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 $3,056,965 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 in the accompanying Bond Order providing for the issuance of
not to exceed $35,820,000 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
2003 by the amount of $3,056,965.
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 accompanying Bond Order for the
year 2003 in the amount of $3,056,865.
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
TE T: �����
City
2003
Adopted