HomeMy WebLinkAboutRESOLUTIONS-2012-096-R-12•
10/12/2012
96-R-12
A RESOLUTION
Abating Taxes Levied for the Year 2012
Heretofore Levied to Pay Principal and Interest on
Not to Exceed $16,220,000 General Obligation Bonds, Series
2012A, of the City of Evanston,
Cook County, Illinois
WHEREAS, on the 9th day of July, 2012, the City Council of the
City of Evanston, Cook County, Illinois, did adopt Ordinance 67-0-12 entitled:
An Ordinance providing for the issuance of one or more series of
General Obligation. Bonds, Series 2012A, of the City of Evanston,
Cook County, Illinois, authorizing the execution of one or more
bond orders in connection therewith and 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
One Million Three Hundred Eighty Thousand; Eight Hundred Fifty -Two Dollars
($1,380,852.00) 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
General Obligation Bonds, Series 2012A, of the City of Evanston, Cook County,
96-R-12
•
Illinois, passed July 9, 2012, as Ordinance 67-0-12, be and the same hereby are
abated for the year 2012 by the amount of One Million Three Hundred Eighty
Thousand, Eight Hundred Fifty -Two Dollars ($1,380,852.00).
SECTION 2: That the City Manager, upon passage of this
Resolution -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 67-0-12 and the accompanying
Bond Order for the year 2012 in the amount of One Million Three Hundred
Eighty Thousand, Eight Hundred Fifty -Two Dollars ($1,380,852.00).
SECTION 1: That the foregoing recitals are hereby found as fact
and made a part hereof.
SECTION 2: That this Resolution 96-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.
Elda&th B. Tisdahl, Mayor
Attes
Rod y Green , City Clerk�r
Adopted: )0 2012
-2-