HomeMy WebLinkAboutRESOLUTIONS-1978-038-R-780
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8/10/78
A RESOLUTION
Abating Taxes Levied For The Year 1978
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,
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
I for the levy and collection of a direct annual tax for
j the payment of the principal of and interest on said
bonds; and
iand
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i WHEREAS, there is available from other sources the amount of
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$219,780 which may lawfully be utilized to pay sums due on said bonds for
I which taxes were heretofore levied;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
EVANSTON, COOK COUNTY, ILLINOIS:
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SECTION 1: That the taxes heretofore levied and provided for in
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i the Ordinance providing for the issuance of $3,000,000
! Corporate Purpose Bonds, Series 1975A, of the City of Evanston, Cook County,
I Illinois, passed September 8, 1975, as Ordinance 77-0-75, be and the same
hereby are abated for the year 1978 by the amount of $219,780.
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
1978 in the amount of $219,780.
ATTEST:
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City Clerk
Adopted �j� 1978
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Mayor�� -