HomeMy WebLinkAboutRESOLUTIONS-2006-072-R-0672-R-06
A RESOLUTION
Abating Taxes Levied for the Year 2006 •
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, and 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
$1,872,142 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 2006 by the amount of
$1,872,142.
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 $1,872,142.
SECTION 3: That this Resolution shall be in full force and effect from and after its
passage and approva in t manner provid law.
Mayor
ATTEST:
fQmta
City Clerk—
Adopted ►" J- 7 2006