HomeMy WebLinkAboutRESOLUTIONS-1999-086-R-9986-R-99
A RESOLUTION
• Abating Taxes Levied For The Year 1999
Heretofore Levied To Pay Principal And Interest On
S11,160,000 Corporate Purpose Bonds,
Series 1998 Of The City of Evanston,
Cook County, Illinois
WHEREAS, The City Council of the City of Evanston, Cook County, Illinois, did on the
14th day of April, 1998 adopt Ordinance 38-0-98, an Ordinance entitiled:
An Ordinance providing for the issuance of $11,160,000 Corporate Purpose Bonds,
- Series 1998, 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 $450,250 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 $11,160,000 Corporate
Purpose Bonds, Series 1998 of the City of
Evanston, Cook County, Illinois, passed April 14, 1998 as Ordinance 38-0-98, be and the
same hereby are abated for the year 1999 by the amount of S450,250.
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
ropy hereof and shall direct said County Clerk to abate the tares heretofore levied
under said Ordinance 38-0-98 and the accompanying Bond Order for the year 1999
in the amount of S450,250.
SECTION 3: That this Resolution shall be in full force and effect from and after its
passage and approval in,the manner provideby law. Mayor
ATTEST:
City Clerk
Adopted �` „ '� .�✓�t: `,� ,1999