HomeMy WebLinkAboutRESOLUTIONS-1999-087-R-9987-R-99
A RESOLUTION
• Abating Taxes Levied For The Year 1999
Heretofore Levied To Pay Principal And Interest On
S37,525,000 Corporate Purpose Bonds,
Series 1999 Of The City Of Evanston,
Cook County, Illinois
WHEREAS, The City Council of the City of Evanston, Cook County, Illinois, did on
the 241h day of May, 1999, adopt Ordinance 63-0-99, an Ordinance entitled:
An Ordinance providing for the issuance of not to exceed $38,540,000 Corporate
Purpose Bonds Series 1999, 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 $559,208 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 S38,540,000 Corporate Purpose Bonds, Series 1999 of the City
of Evanston, Cook County, Illinois, passed May 24, 1999 as Ordinance
63-0-99, be and the same hereby are abated for the year 1999 by the
amount of $559,208.
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 63-0-99 and the accompanying Bond Order for the
year 1999 in the amount of S559,208.
SECTION 3: That this Resolution shall be in full force and effect from and after its
passage and approval in the manner provided by law.
Mayor
Atte
• City Clerk
Adopted - L _�
�� , 1999