HomeMy WebLinkAboutRESOLUTIONS-1999-080-R-9980-R-99
A RESOLUTION
iAbating Taxes Levied for the Year 1999
Heretofore Levied To Pay Principal And Interest On
$36,165,000 Corporate Purpose Bonds,
Series 1993 Of The City Of Evanston,
Cook County, Illinois
WHERAS, The City Council of the City of Evanston, Cook County, Illinois, did on
the 14`h day of June 1993, adopt Ordinance 69-0-93, an Ordinance entitled:
An Ordinance providing for the issuance of not to exceed S38,000,000 Corporate
Purpose Bonds, Series 1993, 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 $1,038,410 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 accompanying Bond Order providing for the issuance of not to
exceed S38,000,000 Corporate Purpose Bonds, Series 1993 of the City
of Evanston, Cook County, Illinois, passed June 14, 1993, as Ordinance 69-0-93, be and the
same hereby are abated for the year 1999 by the amount of S1,038,410.
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 69-0-93 and the accompanying Bond Order for the
vear 1999 in the amount of S1,038,410.
SECTION 3: That this Resolution shall be in full force and effect from and after its
passage and approval in thr- manner provided by law.
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Nlavor
ATTEST:
City Clerk
• �� - _ 1999
Adopted