HomeMy WebLinkAboutRESOLUTIONS-2007-062-R-07•
10/26/2007
62-R-07
A RESOLUTION
Abating Taxes Levied for the Year 2007
Heretofore Levied to Pay Principal and Interest on
Not to Exceed $11,000,000 General Obligation Corporate
Purpose Bonds, Series 2006, of the City of Evanston
Cook County, Illinois
WHEREAS, on the 26th day of June, 2006, the City Council of the
City of Evanston, Cook County, Illinois, did adopt Ordinance 73-0-06 entitled:
An Ordinance providing for the issuance of not to exceed
$11,000,000 General Obligation Corporate Purpose Bonds, Series
2006, 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
Sixty -Eight Thousand, Five Hundred Dollars ($68,500.00) 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 in the accompanying Bond Order providing for the issuance of
not to exceed Eleven Million Dollars ($11,000,000.00) General Obligation
• Corporate Purpose Bonds, Series 2006, of the City of Evanston, Cook County,
62-0-07
•
Illinois, passed June 26, 2006, as Ordinance 73-0-06, be and the same hereby
are abated for the year 2007 by the amount of Sixty -Eight Thousand, Five
Hundred Dollars ($68,500.00).
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
heretofore levied under said Ordinance 73-0-06 and the accompanying Bond
Order for the year 2007 in the amount of Sixty -Eight Thousand, Five Hundred
Dollars ($68,500.00).
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.
Lorraine H. Morton, Mayor
Attest:
Mary P. Mori , Clerk
Adopted: IV �2 , 2007
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