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HomeMy WebLinkAboutRESOLUTIONS-1999-083-R-9983-R-99 A RESOLUTION • Abating Taxes Levied For The Year 1999 Heretofore Levied To Pay Principal And Interest On S10,835,000 Corporate Purpose Bonds, Series 1995 Of The City of Evanston, Cook County, Illinois WHEREAS, The City Council of the City of Evanston, Cook County, Illinois did on the 31" day of March, 1995, adopt Ordinance 28-0-95, and Ordinance entitled: An Ordinance providing the issuance of $10,835,000 Corporate Purpose Bonds, Series 1995, 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 $658,176 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: is and 1: That the taxes heretofore levied and provided for in the Ordinance and in the accompanying Bond Order providing for the issuance of $10,835,000 Corporate Purpose Bonds, Series 1995 of the City of Evanston, Cook County, Illinois, passed March 31, 1995, as Ordinance 28-0-95, be and the same hereby are abated for the year 1999 by the amount of $658,176. 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 Count -,-,Clerk to abate the taxes heretofore levied under said Ordinance 28-0-95 and the accompanying Bond Order for the year 1999 in the amount of 5658,176. SECTION 3: That this Resolution shall be in full force and effect from and after its passage and approval in the manner provided b}, law. Mayor ATTEST: • City Clerk a Adopted - ,- �- i ` '-' , 1999