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HomeMy WebLinkAboutRESOLUTIONS-2009-081-R-09• 10/21 /2009 81-R-09 A RESOLUTION Abating Taxes Levied for the Year 2009 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 -Four Thousand, Five Hundred Seventy -Five Dollars ($64,575.00) 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, • Illinois, passed June 26, 2006, as Ordinance 73-0-06, be and the same hereby are abated for the year 2009 by the amount of Sixty -Four Thousand, Five Hundred Seventy -Five Dollars ($64,575.00). SECTION 2: That the City Manager, upon passage of this Resolution 81-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 73-0-06 and the accompanying Bond Order for the year 2009 in the amount of Sixty -Four Thousand, Five Hundred Seventy -Five Dollars ($64,575.00). SECTION 3: That the foregoing recitals are hereby found as fact and made a part hereof. • SECTION 4: That this Resolution 81-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. Atte Gree , City Clerk Adopte2009 Eliz eth B. Tisdahl, Mayor -2-