HomeMy WebLinkAboutRESOLUTIONS-2005-061-R-05•
9/27/2005
61-R-05
A RESOLUTION
Abating Taxes Levied for the Year 2005
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 8ch 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
$1,304,503 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 2005 by the amount of $1,304,503.
61-R-05
SECTION 2: That the City Manager, upon passage of this Resolution, i
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 2005 in the amount
of $1,304,503.
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.
�&(Iaine
H. Morton, Mayor
Attest:
1l �
Mary F . M s, ity Clerk
Adopted:OCtA�W.A- 10 , 2005
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