HomeMy WebLinkAboutRESOLUTIONS-2012-090-R-12•
rI
12/10/2012
90-R-12
A RESOLUTION
Abating Taxes Levied for the Year 2012
Heretofore Levied to Pay Principal and Interest on
Not to Exceed $33,500,000 General Obligation Corporate
Purpose Bonds, Series 2007, of the City of Evanston
Cook County, Illinois
WHEREAS, on the 23rd day of ,April, 2007, the City Council of the
City of Evanston, Cook County, Illinois, did adopt Ordinance 43-0-07 entitled:
and
An Ordinance providing for the issuance of not to exceed
$33,500,000 General Obligation Corporate Purpose Bonds, Series
2007, 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;
WHEREAS, there is available from other sources the amount of
Four Hundred Eighty -Eight Thousand, Four Hundred Fifty Dollars ($488,450.00)
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 Thirty -Three Million, Five Hundred Thousand Dollars
90-R-12
($33,500,000.00) General Obligation Corporate Purpose Bonds, Series 2007, of
the City of Evanston, Cook County, Illinois, passed April 23, 2007, as Ordinance
43-0-07, be and the same hereby are abated for the year 2012 by the amount of
Four Hundred Eighty -Eight Thousand, Four Hundred Fifty Dollars ($488,450.00) .
SECTION 2: That the City Manager, upon passage of this
Resolution 90-R-12, 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 43-0-07 and the accompanying
Bond Order for the year 2012 in the amount of Four Hundred Eighty -Eight
Thousand, Four Hundred Fifty Dollars ($488,450.00).
SECTION 1: That the foregoing recitals are hereby found as fact
and made a part hereof.
SECTION 2: That this Resolution 90-R-12 shall be in full force and
effect from and after the date of its passage and approval in the manner
provided by law.
Attes
Rodney Gr�ene, City Clerk
Adopted:L( _,C.ri1",r /0 , 2012
Eliz 'e h B. Tisdahl, Mayor
•
•
•
—2—