HomeMy WebLinkAboutRESOLUTIONS-1975-056-R-7556-R-75
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A RESOLUTION
Abating Taxes Levied for the Year 1975 Heretofore Levied to
Pay Interest on $800,000 Corporate Purpose Bonds, Series 1975
of the City of Evanston, Cook County, Illinois
WHEREAS, the City Council of the City of Evanston, Cook County, Illinois.
did on the 13th day of January, 1975, adopt Ordinance 3-0-75, an Ordinance
entitled:
An Ordinance providing for borrowing money and issuing bonds of the
City of Evanston, Cook County, Illinois, to the amount of $800,000 for
the purpose of paying part of the cost of constructing municipal
improvements and providing for the levy and collection of a direct
annual tax for the payment of principal and interest on said bonds; and
WHEREAS,'the City Council of the City of Evanston, Cook County, Illinois„
did on the 13th day of January, 1975, adopt Resolution 5-R-75, a Resolution
entitled:
A Resolution confirming sale of $800,000 Corporate Purpose Bonds, Series
1975, of the City of Evanston, Cook County, Illinois, and providing for
deposit of funds to pay interest payable on July 1, 1975 and January
1, 1976; and
WHEREAS, there is available from other sources the amount of $154,750
which may lawfully be utilized to pay all 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 $800,000 Corporate
Purpose Bonds, Series 1975; of the City of Evanston, Cook County, Illinois,
passed January 13, 1975, as Ordinance 3-0-75, be, and the same hereby are,
abated for the year 1975 by the amount of $154,750.
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SECTION 2: That the City Manager, upon passage of this resolution, shall
cause to be filed with the County Clerk of Cook County,
is, a certified copy hereof and shall direct said County Clerk to abate
s heretofore levied under said Ordinance 3-0-75 for the year 1975 in
nt of $154,750.
V&"f-1
Clerk
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