HomeMy WebLinkAbout057-R-23 Abating Taxes Levied for the Year 2023 Heretofore Levied to Pay Principal and Interest on Not to Exceed $13,000,000 General Obligation Bonds, Series 2014A, of the City of Evanston, Cook County, Illinois
11/06/2023
57-R-23
A RESOLUTION
Abating Taxes Levied for the Year 2023
Heretofore Levied to Pay Principal and Interest on
Not to Exceed $13,000,000 General Obligation Bonds, Series
2014A, of the City of Evanston,
Cook County, Illinois
WHEREAS,on the 28th day of July, 2014, the City Council of the
City of Evanston, Cook County, Illinois, did adopt Ordinance 91-O-14 entitled:
AN ORDINANCE providing for the issuance of one or more series of
not to exceed $13,000,000 General Obligation Corporate Purpose
Bonds, Series 2014A, of the City of Evanston, Cook County, Illinois,
for capital improvement purposes, authorizing the execution of one
or more bond orders in connection therewith 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,the Series 2014A bond total is Thirteen Million Dollars
($13,000,000), there is available from other sources the amount of Two Hundred
Thirty-Five Thousand, Five Hundred Sixty -Three Dollars ($235,563.00) which may
lawfully be utilized to pay sums due on said series 2014A 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 and in the accompanying Bond Order providing for the issuance of
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57-R-23
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General Obligation Bonds, Series 2014A of the City of Evanston, Cook County,
Illinois, passed July 28, 2014, as Ordinance 91-O-14, be and the same hereby are
abated for the year 2023 under the Series 2014A bonds by the amount of Two
Hundred Thirty-Five Thousand, Five Hundred Sixty -Three Dollars ($235,563.00).
SECTION 2: That the City Manager, upon passage of this
Resolution 57-R-23, 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 91-O-14 and the accompanying Bond
Order for the year 2023 in the amount of Two Hundred Thirty-Five Thousand, Five
Hundred Sixty -Three Dollars ($235,563.00).
SECTION 3: That the foregoing recitals are hereby found as fact
and made a part hereof.
SECTION 4: That this Resolution 57-R-23 shall be in full force and
effect from and after the date of its passage and approval in the manner
provided by law.
______________________________
Daniel Biss, Mayor
Attest:
______________________________
Stephanie Mendoza, City Clerk
Adopted: __________________, 2023
Approved as to form:
______________________________
Alexandra B. Ruggie, Interim Corporation Counsel
December 11
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