HomeMy WebLinkAboutRESOLUTIONS-2003-064-R-0364-R-03
A RESOLUTION
• Abating Taxes Levied for the Year 2003
Heretofore Levied To Pay Principal And Interest On
General Obligation Bonds,
Series 2003 Of the City of Evanston,
Cook County, Illinois
WHEREAS, The City Council of the City of Evanston, Cook County, Illinois, did on
the 13th day of January, 2003, adopt Ordinance 131-0-02, and Ordinance entitled:
An Ordinance providing for the issuance of not to exceed $16,500,000 General
Corporate Purpose Refunding Bonds, Series 2003 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
$945,500 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 the accompanying Bond Order providing for the issuance of not
to exceed $16,500,000 General Obligation Corporate Purpose and
Refunding Bonds, Series 2003, of the City
Of Evanston, Cook County, Illinois, Ordinance 131-0-02, be and the
same hereby are abated for the year 2003 by the amount of $945,500.
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 131-0-02 in the additional
amount of $945,500.
SECTION 3: That this Resolution shall be in full force and effect from and after its
passage and approval in th anner provide law.
Mayor
ATTEST:
• City Cle
Adopted d�)� 12 2003
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