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HomeMy WebLinkAboutRESOLUTIONS-2013-080-R-13• 12/09/2013 80-R-13 A RESOLUTION Abating Taxes Levied for the Year 2013 Heretofore Levied to Pay Principal and Interest on Not to Exceed $16,220,000 General Obligation Bonds, Series 2012A, of th6 City of Evanston, Cook County, Illinois WHEREAS, on the 9th day of July, 2012, the City Council of the City of Evanston, Cook County, fllinois, did -adopt Ordinance 67-0-12 entitled: and 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; - WHEIIEAS, there is available from other sources the amount of Eight Hundred Twelve Thousand, Eight Hundred Twenty -Eight Dollars ($812,828.00) 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, 11 80-R-13 Illinois, passed July 3, 2012, as Ordinance 67-0-12, be and the same hereby are abated for the year 2013 by the amount of Eight Hundred Twelve Thousand, Eight Hundred Twenty -Eight Dollars ($812,828.00). SECTION 2: That the City Manager, upon passage of this Resolution 80-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 67-0-12 and the accompanying Bond Order for the year 2013 in the amount of Eight Hundred Twelve Thousand, Eight Hundred Twenty -Eight Dollars ($812,828.00). SECTION 1: That the foregoing recitals are hereby found as fact and made a part hereof. SECTION 2: That this Resolution 80-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. Eliz h B. Tisdahl, Mayor Attest: �r c Rddney Gr ne, City Clerk Adopted: CW I r I '�', 2013 • n U