HomeMy WebLinkAboutRESOLUTIONS-2005-065-R-05•
9/27/2005
65-R-05
A RESOLUTION
Abating Taxes Levied for the Year 2005
Heretofore Levied to Pay Principal and Interest on
General Obligation Bonds,
Series 2002C of the City of Evanston,
Cook County, Illinois
WHEREAS, the City Council of the City of Evanston, Cook County,
Illinois, did on the 9th day of September 2002, adopt Ordinance 83-0-02, an
Ordinance entitled:
An Ordinance providing for the issuance of not to exceed
$35,000,000 General Corporate Purpose and Refunding
Bonds, Series 2002C 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 $437,707 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
$35,000,000 General Obligation Corporate Purpose and Refunding Bonds, Series 2002 C,
of the City of Evanston, Cook County, Illinois, Ordinance 83-0-02, be and the same
• hereby are abated for the year 2005 by the amount of $437,707.
65-R-05
SECTION 2: That the City Manager, upon passage of this Resolution, is
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 83-0-02 in the additional amount of $437,707.
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.
Lorraine H. Morion, Mayor
Attest:
Mary P. t1yy lerk
Adopted: I C) , 2005
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