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HomeMy WebLinkAboutRESOLUTIONS-2000-103-R-00103-R-00 A RESOLUTION • Abating Taxes Levied For The Year 2000 Heretofore Levied To Pay Principal And Interest On $37,100,000 Corporate Purpose Bonds, Series 2000 Of The City of Evanston, Cook County, Illinois WHEREAS, The City Council of the City of Evanston, Cook County, Illinois, did on the 26th day of June, 2000, adopt Ordinance 68-0-00, and Ordinance entitled: An Ordinance providing for the issuance of General Obligation Variable Rate Demand Bonds, Series 200 A (Maple Street Project), Table Series 2000B (Maple Street Project), Series 2000C (Recreation Center Project), and Series 2000D (Capital Improvements Projects), of the City of Evanston, Cook County, Illinois, and 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 additional amount of $151,608.89 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 providing for the issuance of $37,100,000 Corporate Purpose Bonds, Series 2000 of the City of Evanston, Cook County, Illinois, passed June 27, 2000 as Ordinance, be and the same hereby are abated for the year 2000 by the amount of $151,609 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 therefore levied under said Ordinance 68-0-00 in the additional amount of $151,609 SECTION 3: That this Resolution shall be in full force and effect from and after its passage and approval i the nner provided by aw. Mayor ATTEST: r , • City Cle Adopted ,2000