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HomeMy WebLinkAbout21-O-5921-0-59 , AN ORDINANCE providing for borrowing money and issuing Library Bonds of the City of Evanston, Cook County, Illinois, to the amount of $1,375,000, and providing for the levy and collection of a direct annual tax for the payment of the principal and interest of said bonds. WHEREAS, the Board of Library Directors of the City of Evanston, Cook County, Illinois, heretofore in all respects as provided by law, adopted a resolution approving plans and estimate of cost for constructing and equipping a new public library building for the City of Evanston, Cook County, Illinois, such new building to be located on the site now owned and used by said City for library purposes, and a properly certified copy of such resolution as passed by the Board of Library Directors was properly filed with the Clerk of the City of Blvanston, together with a'request that the City Council of said City make provision for the borrowing of money and in.evidence thereof issue the bonds of said City to pay the cost of constructing and equipping said new library building; and WHEREAS the City Council has heretofore ratified and approved said resolution, and did in manner and form provided by law find and determine that it was in the inter- ests of said City that said new public library be constructed r and equipped, and that money be borrowed and bonds of the City be issued in evidence thereof; and WHEREAS the City Council did by an ordinance adopted on December 1, 1958, provide for the calling of a special election to be held in and for said City on January 27, 1959, at which election there was submitted to the voters of said City the following proposition: Shall bonds in the amount of $19375,000 be issued by the City of Evanston, Cook County, Illinois, for the 'purpose of paying the cost of erecting and equipping a new building to be located on the site now owned by said City and used for library purposes, to mature