HomeMy WebLinkAboutRESOLUTIONS-1974-058-R-7458-R- 74
RESOLUTION
Abating Taxes Levied for the Year 1974 Heretofore Levied to
Pay Interest on $1,.210,000 Corporate Purpose Bonds, Series 1974
of the City of Evanston, Cook County, Illinois
WHEREAS the Council of the City of Evanston, Cook County,
• Illinois, did on the 21st day of January, 1974, adopt Ordinance
No. 8-0-74, an Ordinance entitled:
An Ordinance providing for borrowing money and
issuing bonds of the City of Evanston, Cook
County, Illinois, to the amount of $1,210,000
for the purpose of paying part of the cost of
constructing an indoor ice skating facility and
community center with gymnasium facilities and
providing for the levy and collection of a
direct annual tax for the payment of the prin-
cipal and interest of said bonds,
which said Ordinance levied the taxes annually in and for each
• of the years 1974 to 1996, inclusive, for the payment of prin-
cipal and interest on said bonds; and
WHEREAS the Council of the City of Evanston, Cook County,
Illinois, did on the 28th day of January, 1974, adopt Resolution
58-R-74
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No. 7-R-74, a Resolution entitled:
Resolution to deposit sufficient funds with
paying agent to pay interest maturing on
July 1, 1974, and January 1, 1975, on Corporate
Purpose Bonds, Series 1974 in the aggregate
amount of $1,210,000 dated 'January 1, 1974, of
the City of Evanston, Cook County, Illinois;
• and
WHEREAS there is available from other sources in amount
of $121,740 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 COUNCIL OF THE CITY
OF EVANSTON, ILLINOIS:
SECTION 1. That the taxes heretofore levied and provided
for in the Ordinance.providing for the issuance
of $1,210,000 Corporate Purpose Bonds, Series 1974, of the City
of Evanston, Cook County, Illinois, passed January 21, 1974, as
Ordinance No. 8-0-74, be, and the same hereby are, abated for the
• year 1974.
SECTION 2: That immediately upon the passage of this
Resolution, a copy hereof, certified by the
58-R-74
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Clerk of said City, shall be filed with the County Clerk of
Cook County, Illinois, and it shall be the duty of said res-
pective County Clerk to abate the taxes heretofore levied under
said Ordinance No. 8-0-74 for the year 1974 in the amount of
$121,740.
•
/s/ Maurice F. Brown
Clerk
•
/s/ Edgar Vanneman. Jr.
Mayor