HomeMy WebLinkAboutRESOLUTIONS-2000-102-R-00102-R-00
A RESOLUTION
• Abating Taxes Levied For The Year 2000
Heretofore Levied To Pay Principal And Interest On
$37,525,000 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 of 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 $532,093
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 $38,540,000 Corporate
Purpose Bonds, Series 1999 as Ordinance 63-0-99, be and
the same hereby are abated for the year 2000 by the amount
of $532,093
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 2000 in the
amount of $532,093
SECTION 3: That this Resolution shall be in full force and ect from and
after its passage and approval in the anner provided by lam.
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Mayor �L
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City Cler
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Adopted 2000