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HomeMy WebLinkAbout103-O-22 Levying Taxes for the Special Service Area No. 6 of the City of Evanston, County of Cook, and State of Illinois, for the Fiscal year Beginning January 1, 2023, and Ending December 31, 202310/31/2022 103-R-22 A RESOLUTION Abating Taxes Levied for the Year 2022 Heretofore Levied to Pay Principal and Interest on Not to Exceed 18,000,000 General Obligation Corporate Purpose Bonds, Series 2019B, of the City of Evanston Cook County, Illinois WHEREAS, on the 22nd day of April, 2019, the City Council of the City of Evanston, Cook County, Illinois, did adopt Ordinance 27-O-19 entitled: AN ORDINANCE 27-O-19 providing for the issuance of one or more series of not to exceed $18,000,000 General Obligation Corporate Purpose Bonds, Series 2019A, to finance the construction and equipment of a new Robert Crown Community Center, Ice Complex and Library Center and one or more series of not to exceed $18,000,000 General Obligation Corporate Purpose Bonds, Series 2019B, for capital improvements, of the City of Evanston, Cook County, Illinois, authorizing the execution of one or more bond orders in connection therewith, providing for the levy and collection of a direct annual tax for the payment of the principal of and interest on said bonds, and authorizing and directing the sale of said bonds at public competitive sale. and WHEREAS, the Series 2019B bond total is Eighteen Million Dollars ($18,000,000) there is available from other sources the amount of Three Hundred Thirty-Six Thousand, Two Hundred Sixty-Three Dollars ($336,263.00) which may lawfully be utilized to pay sums due on said series 2019B bonds for which taxes were heretofore levied; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL, OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: ~1~ Page 1 of 3 Page 1 of 3 Doc ID: 9d5be904663e69bcbde23c3190f3b63fecfd92f5 103-R-22 ~2~ 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 Eighteen Million Dollars ($18,000,000), General Obligation Bonds, Series 2019B, of the City of Evanston, Cook County, Illinois, passed April 22, 2019, as Ordinance 27-O-19, be and the same hereby are abated for the year 2022 under the Series 2019B bonds by the amount of Three Hundred Thirty-Six Thousand, Two Hundred Sixty-Three Dollars ($336,263.00). SECTION 2: That the City Manager, upon passage of this Resolution 103-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 27-O-19 and the accompanying Bond Order for the year 2022 in the amount of Three Hundred Thirty-Six Thousand, Two Hundred Sixty-Three Dollars ($336,263.00). SECTION 3: That the foregoing recitals are hereby found as fact and made a part hereof. SECTION 4: That this Resolution 103-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. Page 2 of 3 Page 2 of 3 Doc ID: 9d5be904663e69bcbde23c3190f3b63fecfd92f5 103-R-22 ~3~ Attest: Stephanie Mendoza, City Clerk Adopted: __________________, 2022 Approved as to form: ______________________________ Nicholas E. Cummings, Corporation Counsel ______________________________ Daniel Biss, Mayor ______________________________ December 12 Page 3 of 3 Page 3 of 3 Doc ID: 9d5be904663e69bcbde23c3190f3b63fecfd92f5