HomeMy WebLinkAboutRESOLUTIONS-2007-060-R-07•
10/26/2007
60-R-07
A RESOLUTION
Abating Taxes Levied for the Year 2007
Heretofore Levied to Pay Principal and Interest on
General Obligation Bonds,
Series 2004B, of the City of Evanston,
Cook County, Illinois
WHEREAS, on the 13th day of April, 2004, the City Council of the
City of Evanston, Cook County, Illinois, did adopt Ordinance 39-0-04 entitled:
An Ordinance providing for the issuance of not to exceed
$27,390,000 General Obligation Bonds, Series 2004, of the City of
Evanston, Cook County, Illinois, and providing for the levy and
• collection of a direct annual tax of the payment of the principal of
and interest on said bonds;
and
WHEREAS, there is available from other sources the additional
amount of Four Hundred Thirty -Eight Thousand, Eight Hundred Six Dollars
($438,806.00) 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 the accompanying Bond .Order providing for the issuance of
•
not to exceed Twenty -Seven Million,
Three Hundred
Ninety Thousand
Dollars
($27,390,000.00) General Obligation
Bonds, Series
2004B, of the
City of
60-R-07
Evanston, Cook County, Illinois, Ordinance 39-0-04, be and the same hereby
are abated for the year 2007 by the amount of Four Hundred Thirty -Eight
Thousand, Eight Hundred Six Dollars ($438,806.00).
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 39-0-04 in the additional amount of Four
Hundred Thirty. -Eight Thousand, Eight Hundred Six Dollars ($438,806.00).
SECTION 3: That the foregoing recitals are hereby found as fact
and made a part hereof.
SECTION 4: That this Resolution shall be in full force and effect •
from and after the date of its passage and approval in the manner
provided by law.
Attest:
(�erri,�Itd'i'y�
Mary �A Clerk
Adopted: N NJ9' l Z , 2007
Lorraine H. Morton, Mayor
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