HomeMy WebLinkAboutRESOLUTIONS-1999-082-R-9982-R-99
A RESOLUTION
Abating Taxes Levied for the Year 1999
Heretofore Levied To Pay Principal and Interest On
51,850,000 Corporate Purpose Bonds,
Series 1994 Taxable Of The City of Evanston,,,
Cook County, Illinois
WHERAS, the City Council of the City of Evanston, Cook County, Illinois, did on
the 281h day of March 1994, adopt Ordinance 23-0-94, an Ordinance entitled:
An Ordinance providing for the issuance of $1,850,000 General Obligation
Corporate Purpose Bonds, Series 1994 Taxable, 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 $188,987.50 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 1: That the taxes heretofore levied and provided for in the Ordinance
and accompanying Bond Order providing for the issuance of
51,850,000 General Obligation Corporate Purpose Bonds, Series 1994
of the City of Evanston, Cook County, Illinois, passed March 28, 1994, as Ordinance
23-0-94, be and the same hereby are abated for the year 1999 by the amount of $188,987.50.
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
hereof and shall direct said County Clerk -to abate the taxes
heretofore levied under said Ordinance 23-0-94 and the accompanying Bond Order for the
year 1999 in the amount of 5188,987.50.
SECTION 3: That this Resolution shall be in full force and effect from and after its
passage and approval in the manner prod ed by law.
Mayor
ATTEST:
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• City Clerl.
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Adopted 1999