Loading...
HomeMy WebLinkAboutRESOLUTIONS-2009-084-R-09• 10121 /2009 84-R-09 A RESOLUTION Abating Taxes Levied for the Year 2009 Heretofore Levied to Pay Principal and Interest on Not to Exceed $13,815,000 General Obligation Corporate Purpose Bonds, Series 2008C, of the City of Evanston, Cook County, Illinois WHEREAS, on the 24th day of March, 2008, the City Council of the City of Evanston, Cook County, Illinois, did adopt Ordinance 49-0-08 entitled: An Ordinance providing for the issuance of not to exceed $48,735,000 General Obligation Corporate Purpose Bonds, Series 2008A, Series 2008B, and Series 2008C, 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 Two Hundred Twenty -Eight Thousand, Six Hundred Ninety -Six Dcllars ($228,696.00) 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 0 not to exceed Forty Eight Million, Seven Hundred Thirty -Five Thousand Dollars ($48,735,000.00) General Obligation Corporate Purpose Bonds, Series 2008A, Series 2008B, and Series 2008C, of the City of Evanston, Cook County, Illinois, passed March 24, 2008, as Ordinance 49-0-08, be and the same hereby are abated for the year 2009 by the amount of Two Hundred Twenty -Eight Thousand, Six Hundred Ninety -Six Dollars ($228,696.00). SECTION 2: That the City Manager, upon passage of this Resolution 84-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 49-0-08 and the accompanying Bond Order for the year 2009 in the amount of Two Hundred Twenty -Eight Thousand, Six Hundred Ninety -Six Dollars ($228,696.00). SECTION 1: That the foregoing recitals are hereby found as fact and made a part hereof. SECTION 2: That this Resolution 84-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. V / Elizgeth B. Tisdahl, Mayor Attest: odfiey Gre ne, City Clerk Adopted:bLLq_rb,&J-'� 2009 • is • -2-