HomeMy WebLinkAboutRESOLUTIONS-1979-064-R-7964-R-79
A RESOLUTION
Abating Taxes Levied For The Year 1979
Heretofore Levied To Pay Principal and
Interest On $3,000,000 Corporate Purpose
Bonds, Series 1975A Of The City of
Evanston, Cook County, Illinois
WHEREAS, the City Council of the City of Evanston, Cook County,
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Illinois, did on the 8th day of September, 1975, adopt Ordinance 77-0-75, an
Ordinance entitled:
An Ordinance providing for borrowing money and issuing
$3,000,000 Corporate Purpose Bonds, Series 1975A, of
City of Evanston, Cook County, Illinois, 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, there is available from other sources the amount of
$200,000 which may lawfully be utilized to pay sums due on said bonds for
which taxes were heretofore levied;
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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 providing for the issuance of $3,000,000
Corporate Purpose Bonds, Series 1975A, of the City of Evanston, Cook County,
Illinois, passed September 8, 1975, as Ordinance 77-•0-75, be and the same
hereby are abated for the year 1979 by the amount of $200,000.
SECTION 2: That the City Manager, upon passage of this resolution,
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 77-0-75 for the year
1979 in the amount of $200,000.
ATTEST:
City Clerk
Adopted `�, 1979