HomeMy WebLinkAboutRESOLUTIONS-1999-081-R-9981-R-99
A RESOLUTION
• Abating Taxes Levied For The Year 1999
Heretofore Levied To Pay Principal And Interest On
S24,210,000 Corporate Purpose Bonds,
Series 1994 Of The City of Evanston of Evanston,
Cook County, Illinois
WHERAS, The City Council of the city of Evanston, Cook County, Illinois, did on
the 29th day of March, 1994, adopt Ordinance 22-04-94, 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 $1,840,262 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 COLT'NTY, ILLINOIS:
• SECTION 1:' 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 1999 by the amount of S1,849,262.
SECTION 2: That the City Manager, upon passage of this resolution, shall cause to
be filed with the County Clerk -of Cooly 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
vear 1999 in the amount of S1,849,262.
SECTION 3: That this Resolution shall be in, full force and effect from and after its
passage and approvat. in the ma n r provided by law.
Mayor
ATTEST:
• City Clerk
Adopted (� ; ` ` , 1999