HomeMy WebLinkAboutRESOLUTIONS-1999-079-R-9979-R-99
A RESOLUTION
• Abating Taxes Levied for the Year 1999
Heretofore Levied To Pay Principal And Interest On
S36,240,000 Corporate Purpose Bonds,
Series 1992 Of The City Of Evanston,
Cook County, Illinois
WHEREAS, The City Council of the City of Evanston, Cook County, Illinois, did on
the 27`h day of April, 1992, adopt Ordinance 28-0-92, an Ordinance entitled:
An Ordinance providing for the issuance of $36,240,000 Corporate Purpose Bonds
Series 1992, 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 $3,042,324 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
EV ANSTON, COOK COUNTY, ILLINOIS:
• SECTION 1: That the taxes heretofore levied and provided for in the Ordinance
and accompanying Bond Order providing for the issuance of
$36,240,000 Corporate Purpose Bonds, Series 1992 of the City of
Evanston, Cook County, Illinois, passed April 27, 1992 as Ordinance 28-0-92, be and the
same hereby are abated for the year 1999 by the amount of S3,042,324.
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 28-0-92 and the accompanying Bond Order for the
year 1999 in the amount of S3,042.324.
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.
Mayor
City Cler c.
Adopted �N' & 'L' t. �� `, , 1999