HomeMy WebLinkAboutRESOLUTIONS-1977-053-R-7753-R-77
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RESOLUTION
ABATING TAXES LEVIED FOR THE YEAR 1977, 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 the 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 $189,999.50
which may lawfully be utilized to pay sums due on said 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 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 1977 by the amount of $189,999.50.
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 1977 in
the amount of $189,999.50.
Cler
Adopted 1977
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