HomeMy WebLinkAboutRESOLUTIONS-2009-061-R-097/27/2009
61-R-09
A RESOLUTION
Abating Taxes Levied for the Year 2008
Heretofore Levied to Pay Principal and Interest on
$38,540,000 Corporate Purpose Bonds,
Series 1999, of the City of Evanston,
Cook County, Illinois
WHEREAS, on the 24th day of May, 1999, the City Council of the
City of Evanston, Cook County, Illinois, did adopt Ordinance 63-0-99 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 Six
Hundred Sixty -One Thousand Four Dollars ($661,004.00) 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 accompanying Bond Order providing for the issuance of
not to exceed Thirty -Eight Million, Five Hundred Forty Thousand Dollars
($38,540,000.00) Corporate Purpose Bonds, Series 1999, as Ordinance
•
61-R-09
63-0-99, be and the same hereby are abated for the year 2008 by the amount •
of Six Hundred Sixty -One Thousand Four Dollars ($661,004.00).
SECTION 2: That the Interim City Manager, upon passage of this
Resolution 61-R-09, 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 2008 in the amount of Six Hundred Sixty -One Thousand
Four Dollars ($661,004.00).
SECTION 2: That the foregoing recitals are hereby found as fact
and made a part hereof.
SECTION 3: That this Resolution 61-R-09 shall be in full force and
effect from and after the date of its passage and approval in the manner •
provided by law.
Attest:-,
77
Rodney Gr ene, City Clerk
Adopted: Vtl2009
Elizabeth B. Tisdahl, Mayor
—2—
r1
U