HomeMy WebLinkAboutRESOLUTIONS-1995-076-R-95•
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76-R-95
A RESOLUTION
Abating Taxes Levied For The Year 1995
Heretofore Levied To Pay Principal And Interest On
$24,210.,000 Corporate Purpose Bonds,
Series 1994 Of The City of Evanston,
Cook County, Illinois
WHEREAS, The City Council of the City of Evanston, Cook
County, Illinois, did on the 29th day of March, 1994, adopt
Ordinance 22-0-94, an Ordinance entitled:
An Ordinance providing for the issuance of $24,210,000
Corporate Purpose Bonds, Series 1994, 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
$1,390,417.50 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 I: That the taxes heretofore levied and provided
for in the Ordinance and in the accompanying
Bond Order providing for the issuance of
$24,210,000 Corporate Purpose Bonds, Series 1994 of the City
of Evanston, Cook County, Illinois, passed March 29, 1994, as
Ordinance 22-0-94, be and the same hereby are abated for the
year 1995 by the amount of $1,390,417.50
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 22-0-94
and the accompanying Bond Order for the year .1995 in the
amount of $1,390,417.50.
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Cif Clerk
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Adopted
, 1995
Mayor