HomeMy WebLinkAboutRESOLUTIONS-2004-059-R-0459-R-04
A RESOLUTION
• Abating Taxes Levied for the Year 2004
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
14t6 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 $472,810 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 2004 by the amount $472,810.
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 2004 in the amount of $472,810.
SECTION 3: That this Resolution shall be in full force and effect from and
after its pass e a proval in the m/% r provided by law.
Mayor
i
• A ST; a
City 11 k�
Adopted i 2004