HomeMy WebLinkAboutRESOLUTIONS-2005-068-R-05•
9/27/2005
68-R-05
A RESOLUTION
Abating Taxes Levied for the Year 2005
Heretofore Levied to Pay Principal and Interest on
General Obligation Bonds,
Series 2005 of the City of Evanston,
Cook County, Illinois
WHEREAS, the City Council of the City of Evanston, Cook County,
Illinois, did on the 15th day of June 2005, adopt Ordinance 77-0-05, an
Ordinance entitled:
An Ordinance providing for the issuance of not to exceed
$32,500,000 General Obligation Bonds, Series 2005 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 $1,759,656 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
$32,500,000 General Obligation Bonds, Series 2005, of the City of Evanston, Cook
County, Illinois, Ordinance 77-0-05, be and the same hereby are abated for the year 2005
by the amount of $1,759,656.
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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 77-0-05 in the additional amount of $1,759,656.
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.
Attest:
Mary s, City Clerk
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Adopted: , 2005
L rraine H. Morton, Mayor
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