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HomeMy WebLinkAboutRESOLUTIONS-1961-002-R-61• _1 a_ 3 2-R-61 A RESOLUTION providing for the abatement of certain 1961 bond princi- pal and interest tax levies. WHEREAS, the three fire stations authorized to be financed from proceeds of the Fire Station Bonds have now been constructed and equipped, and $12,000,00 remains in this bond fund to apply against the principal payment of $35,000.00 on the Fjre Station Bonds due November 1, 1962, the interest payment of $6,356.25 on said bonds due November 1, 1962, and the interest payment of $5,962.50 on said bonds due May 1, 1963; and WHEREAT, the incinerator authorized to be financed from proceeds of the Incinerator Bonds has now been con- structed and equipped, and $4,315.00 remains in this bond fund to apply against the principal payment of $50,000.00 on said bonds due December 1, 1962, the interest payment of • 05,206.25 on said bonds due June 1, 1962; and the interest payment of 4P15,206.25 on said bonds due December 1, 1962; THEREFORE, BE IT RE3OLVED, that the 1961 tax levies for bond principal and interest payments on the fire station bonds and incinerator bonds shall be abated so as to reduce the 1961 City of Evanston tax levies for bond principal and interest by the amount of 1G6,315; and BE IT FURTHER RE3OLVED, that the City Clerk file with the County Clerk of the County of Cook, in the State of Illinois, a certified copy of this resolution, and that said County Clerk is hereby authorized and directed to reduce the City of Evanston's 1961 tax levy for bond principal and in" terest in the manner contemplated by this resolution. • APPROVED Is/ J. R. Kimbark Mayor ATTE �T : /s/ Maurine F. Brown City Clerk Adopted *February 13 , 1961 Recorded February 17 1 1961