HomeMy WebLinkAbout068-R-23 Abating Taxes Levied for the Year 2023 Heretofore Levied to Pay Principal and Interest on Not to Exceed 18,000,000 General Obligation Corporate Purpose Bonds, Series 2019B, of the City of Evanston Cook County, Illinois
11/06/2023
68-R-23
A RESOLUTION
Abating Taxes Levied for the Year 2023
Heretofore Levied to Pay Principal and Interest on
Not to Exceed 18,000,000 General Obligation Corporate Purpose
Bonds, Series 2019B, of the City of Evanston
Cook County, Illinois
WHEREAS,on the 22
nd day of April, 2019, the City Council of the
City of Evanston, Cook County, Illinois, did adopt Ordinance 27-O-19 entitled:
AN ORDINANCE 27-O-19 providing for the issuance of one or more
series of not to exceed $18,000,000 General Obligation Corporate
Purpose Bonds, Series 2019A, to finance the construction and
equipment of a new Robert Crown Community Center, Ice Complex
and Library Center and one or more series of not to exceed
$18,000,000 General Obligation Corporate Purpose Bonds, Series
2019B, for capital improvements, of the City of Evanston, Cook
County, Illinois, authorizing the execution of one or more bond orders
in connection therewith, providing for the levy and collection of a
direct annual tax for the payment of the principal of and interest on
said bonds, and authorizing and directing the sale of said bonds at
public competitive sale.
and
WHEREAS,the Series 2019B bond total is Eighteen Million Dollars
($18,000,000) there is available from other sources the amount of Three Hundred
Thirty-Five Thousand, Four Hundred Forty-Five Dollars ($335,445.00) which may
lawfully be utilized to pay sums due on said series 2019B bonds for which taxes
were heretofore levied;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL,
OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS:
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68-R-23
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SECTION 1: That the taxes heretofore levied and provided for in the
Ordinance and in the accompanying Bond Order providing for the issuance of not
to exceed Eighteen Million Dollars ($18,000,000), General Obligation Bonds,
Series 2019B, of the City of Evanston, Cook County, Illinois, passed April 22, 2019,
as Ordinance 27-O-19, be and the same hereby are abated for the year 2023 under
the Series 2019B bonds by the amount of Three Hundred Thirty-Five Thousand,
Four Hundred Forty-Five Dollars ($335,445.00).
SECTION 2: That the City Manager, upon passage of this
Resolution 68-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 27-O-19 and the accompanying Bond
Order for the year 2023 in the amount of Three Hundred Thirty-Five Thousand,
Four Hundred Forty-Five Dollars ($335,445.00).
SECTION 3: That the foregoing recitals are hereby found as fact
and made a part hereof.
SECTION 4: That this Resolution 68-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.
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68 R 23
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