HomeMy WebLinkAboutRESOLUTIONS-2012-093-R-1212/10/2'012
93-R-12
A RESOLUTION
Abating Taxes Levied for the Year 2012
Heretofore Levied to Pay Principal and Interest on
Not to Exceed $20,000,000 General Obligation Corporate
Purpose Bonds, Series 200813, of the City of Evanston,
Cook County, Illinois
WHEREAS, on the 27th day of October, 2008, the City Council of
the City of Evanston, Cook County, Illinois, did adopt Ordinance 114-0-08
entitled:
An Ordinance providing for the issuance of not to exceed
$20,000,000 General Obligation Corporate Purpose Bonds, Series
• 2008D 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 Million, Two Hundred Eighty -One Thousand, One Hundred Ten Dollars
($2,281,110.00) 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
93-R-12
•
not to exceed Twenty Million Dollars ($20,000,000.00) General Obligation
Corporate Purpose Bonds, Series 2008D, of the City of Evanston, Cook County,
Illinois, passed October 27, 2008, as Ordinance 114-0-08, be and the same
hereby are abated for the year 2012 by the amount of Two Million, Two Hundred
Eighty -One Thousand, One Hundred Ten Dollars ($2,281,110.00).
SECTION 2: That the City Manager, upon passage of this
Resolution 93-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 114-0-08 and the
accompanying Bond Order for the year 2012 in the amount of Two Million, Two
Hundred Eighty -One Thousand, One Hundred Ten Dollars ($2,281,110.00).
SECTION 1: That the foregoing recitals are hereby found as fact is
and made a part hereof.
SECTION 2: That this Resolution 93-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.
1 .
Elizab4Ah B. Tisdahl, Mayor
Attest:
Rodra4y Green , City Clerk
Adopted:T14' Lr'Y\ Or'3 , 2012
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