HomeMy WebLinkAbout056-R-23 Abating Taxes Levied for the Year 2023 Heretofore Levied to Pay Principal and Interest on Not to Exceed $30,000,000 General Obligation Bonds, Series 2013B, of the City of Evanston, Cook County, Illinois
11/06/2023
56-R-23
A RESOLUTION
Abating Taxes Levied for the Year 2023
Heretofore Levied to Pay Principal and Interest on
Not to Exceed $30,000,000 General Obligation Bonds, Series
2013B, of the City of Evanston,
Cook County, Illinois
WHEREAS,on the 28th day of October, 2013, the City Council of
the City of Evanston, Cook County, Illinois, did adopt Ordinance 114-O-13 entitled:
An Ordinance providing for the issuance of one or more series of not
to exceed $30,000,000 General Obligation Refunding Bonds, Series
2013B, of the City of Evanston, Cook County, Illinois, for refunding
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 2013B bond total is Thirty Million Dollars
($30,000,000), there is available from other sources the amount of Thirty-Eight
Thousand Five Hundred Dollars ($38,500.00) which may lawfully be utilized to pay
sums due on said series 2013B 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
General Obligation Bonds, Series 2013B, of the City of Evanston, Cook County,
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56-R-23
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Illinois, passed October 28, 2013, as Ordinance 114-O-13, be and the same
hereby are abated for the year 2023 in the amount of Thirty-Eight Thousand Five
Hundred Dollars ($38,500.00).
SECTION 2: That the City Manager, upon passage of this
Resolution 56-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 114-O-13 and the accompanying Bond
Order for the year 2023 under the Series 2013B bonds in the amount of Thirty-
Eight Thousand Five Hundred Dollars ($38,500.00).
SECTION 3: That the foregoing recitals are hereby found as fact
and made a part hereof.
SECTION 4: That this Resolution 56-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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