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HomeMy WebLinkAbout055-R-23 Abating Taxes Levied for the Year 2023 Heretofore Levied to Pay Principal and Interest on Not to Exceed $12,700,000 General Obligation Bonds, Series 2013A, of the City of Evanston, Cook County, Illinois 11/06/2023 55-R-23 A RESOLUTION Abating Taxes Levied for the Year 2023 Heretofore Levied to Pay Principal and Interest on Not to Exceed $12,700,000 General Obligation Bonds, Series 2013A, of the City of Evanston, Cook County, Illinois WHEREAS,on the 22nd day of July 2013, the City Council of the City of Evanston, Cook County, Illinois, did adopt Ordinance 84-O-13 entitled: An Ordinance providing for the issuance of one or more series of not to exceed $12,700,000 General Obligation Bonds, Series 2013A, of the City of Evanston, Cook County, Illinois, 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 2013A bond total is Twelve Million, Seven Hundred Thousand Dollars ($12,700,000) there is available from other sources the amount of Two Hundred Three Thousand, Eight Hundred Eleven Dollars ($203,811.00) which may lawfully be utilized to pay sums due on said series 2013A 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 2013A, of the City of Evanston, Cook County, ~1~ Page 1 of 2 Doc ID: 8f7b8b433b2778d7dfd5c02bb88552b750d22a5c 55-R-23 ~2~ Illinois, passed July 22, 2013, as Ordinance 84-O-13, be and the same hereby are abated for the year 2023 by the amount of Two Hundred Three Thousand, Eight Hundred Eleven Dollars ($203,811.00). SECTION 2: That the City Manager, upon passage of this Resolution 55-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 84-O-13 and the accompanying Bond Order for the year 2023 under the Series 2013A bonds in the amount of Two Hundred Three Thousand, Eight Hundred Eleven Dollars ($203,811.00). SECTION 3: That the foregoing recitals are hereby found as fact and made a part hereof. SECTION 4: That this Resolution 55-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 Page 2 of 2 Doc ID: 8f7b8b433b2778d7dfd5c02bb88552b750d22a5c