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HomeMy WebLinkAbout091-R-22 Abating Taxes Levied for the Year 2022 Heretofore Levied to Pay Principal and Interest on Not to Exceed $30,000,000 General Obligation Bonds, Series 2013B, of the City of Evanston, Cook County, Illinois10/31/2022 91-R-22 A RESOLUTION Abating Taxes Levied for the Year 2022 Heretofore Levied to Pay Principal and Interest on Not to Exceed $30,000,000 General Obligation Bonds, Series 2013B, of the City of Evanston, Cook County, Illinois WHEREAS, on the 28th day of October, 2013, the City Council of the City of Evanston, Cook County, Illinois, did adopt Ordinance 114-O-13 entitled: An Ordinance providing for the issuance of one or more series of not to exceed $30,000,000 General Obligation Refunding Bonds, Series 2013B, of the City of Evanston, Cook County, Illinois, for refunding purposes, 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, the Series 2013B bond total is Thirty Million Dollars ($30,000,000), there is available from other sources the amount of Thirty-Five Thousand Dollars ($35,000.00) which may lawfully be utilized to pay sums due on said series 2013B 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 ~1~ Page 1 of 2 Doc ID: 9d5be904663e69bcbde23c3190f3b63fecfd92f5 91-R-22 ~2~ General Obligation Bonds, Series 2013B, of the City of Evanston, Cook County, Illinois, passed October 28, 2013, as Ordinance 114-O-13, be and the same hereby are abated for the year 2022 by the amount of Thirty-Five Thousand Dollars ($35,000.00). SECTION 2: That the City Manager, upon passage of this Resolution 91-R-22, 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-O-13 and the accompanying Bond Order for the year 2022 under the Series 2013B bonds in Thirty-Five Thousand Dollars ($35,000.00). SECTION 3: That the foregoing recitals are hereby found as fact and made a part hereof. SECTION 4: That this Resolution 91-R-22 shall be in full force and effect from and after the date of its passage and approval in the manner provided by law. ______________________________ Daniel Biss, Mayor Attest: ______________________________ Stephanie Mendoza, City Clerk Adopted: __________________, 2022 Approved as to form: ______________________________ Nicholas E. Cummings, Corporation Counsel December 12 Page 2 of 2 Doc ID: 9d5be904663e69bcbde23c3190f3b63fecfd92f5