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HomeMy WebLinkAboutRESOLUTIONS-2013-077-R-13• 12/09/2013 77-R-13 A RESOLUTION Abating Taxes Levied for the Year 2013 Heretofore Levied to Pay Principal and Interest on Not to Exceed $20,000,000 General Obligation Corporate Purpose Bonds, Series 20081), 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; t� and WHEREAS, there is available from other sources the amount of One Million, Two Hundred Thirty -Four Thousand, Eighty -Eight Dottars ($1,234,088.00) 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 77-R-13 • 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 114-0-03, be and the same hereby are abated for the year 2013 by the amount of One Million, Two Hundred Thirty -Four Thousand, Eighty -Eight Dollars ($1,234,088.00). SECTION 2: That the City Manager, upon passage of this Resolution 77-R-13, 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 2013 in the amount of One Million, Two Hundred Thirty -Four Thousand, Eighty -Eight Dollars ($1,234,088.00). SECTION 'I That the foregoing recitals are hereby found as fact • and made a part hereof. SECTION 2: That this Resolution 77-R-13 shall be in full force and effect from and after the date of its passage and approval in the manner provided by law. Attest: RQ ney G�C_K:ffl reef'ie, City Clerk Adopted: �V I^ 1 r , , 2013 Eliza a B. Tisdahl, Mayor -2-