HomeMy WebLinkAboutRESOLUTIONS-2009-076-R-0910/21 /2009
76-R-09
A RESOLUTION
Abating Taxes Levied for the Year 2009
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, on the 26th day of June, 2000, the City Council cf the
City of Evanston, Cook County, Illinois, did adopt Ordinance 68-0-00 entitled:
An Ordinance providing for the issuance of General Obligation
Variable Rate Demand Bonds, Series 2000 A (Maple Street
Project), Table Series 2000 B (Maple Street Project), Series 2000
C (Recreation Center Project), and Series 2000 D (Capital
Improvements Projects), of the City of Evanston, Cook County,
isIllinois, 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 Two Million, Six Hundred Twenty -Two Thousand Dollars
($2,622,000.00) 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 68-0-00 providing for the issuance of Thirty -Seven Million, One
40 Hundred Thousand Dollars ($37,100,000.00) Corporate Purpose Bonds, Series
76-R-09
2000, of the City of Evanston, Cook County, Illinois, passed June 27, 2000, as .
Ordinance 68-0-00, be and the same hereby are abated for the year 2009 by
the amount of Two Million, Six Hundred Twenty -Two Thousand Dollars
($2,622,000.00).
SECTION 2: That the City Manager, upon passage of this
Resolution 76-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 therefore levied under said Ordinance 68-0-00 and the
accompanying Bond Order for the year 2009 in the additional amount of Two
Million, Six Hundred Twenty -Two Thousand Dollars ($2,622,000.00).
SECTION 3: That the foregoing recitals are hereby found as fact
and made a part hereof.
SECTION 4: That this Resolution 76-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.
Te,
Eliz�6eth B. Tisdahl, Mayor
Atte
/Ro'ney eerie, City Clerk
Adopted: 2009
is
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