HomeMy WebLinkAboutRESOLUTIONS-2011-075-R-11•
11 /23/2011
75-R-11
A RESOLUTION
Abating Taxes Levied for the Year 2011
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:
and
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;
WHEREAS, there is available from other sources the amount of
Two Hundred Twenty -Eight Thousand, Three Hundred Thirty Dollars
($228,330.00) 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 Forty Eight Million, Seven Hundred Thirty -Five Thousand Dollars
75-R-11
($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 2011, by the amount of Two Hundred Twenty -Eight
Thousand, Three Hundred Thirty Dollars ($228,330.00).
SECTION 2: That the City Manager, upon passage of this
Resolution 75-R-11, 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 2011 in the amount of Two Hundred Twenty -Eight
Thousand, Three Hundred Thirty Dollars ($228,330.00).
SECTION 1: That the foregoing recitals are hereby found as fact
and made a part hereof.
SECTION 2: That this Resolution 75-R-11 shall be in full force and
effect from and after the date of its passage and approval in the manner
provided by law.
Eliz th B. Tisdahl, Mayor
Attest:
dney Gre76 City Clerk
Adopted: �etwtbL1' 2011
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