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HomeMy WebLinkAboutRESOLUTIONS-1980-035-R-80• j 35-R-80 A RESOLUTION ABATING TAXES LEVIED FOR THE YEAR 1979 .I HERETOFORE LEVIED TO PAY PRINCIPAL AND li INTEREST ON $4,500,000 CORPORATE PURPOSE BONDS, SERIES 1978 OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS WHEREAS, the City Council of the City of Evanston, Cook County, i i j;Illinois, did on the 23rd day of January, 1978 adopt Ordinance 9-0-78, an Lrdinance entitled: An Ordinance providing for borrowing money and issuing $4,500,000 Corporate Purpose Bonds, Series 1978, of the City of Evanston, Cook County, Illinois and providing for the levy and collection of a direct annual tax for the payment of principal and interest on said bonds; and WHEREAS, there is available from other sources the amount of $682,625 i which may lawfully be utilized to pay all sums due on said bonds for which ,taxes were heretofore levied: i NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF iEVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: That the taxes heretofore levied and provided for in the Ordinance providing for the issuance of $4,500,000 'Corporate Purpose Bonds, Series 1978 of the City of Evanston, Cook County, :Illinois passed January 23 1978 as Ordinance 9-0-78 be and the same hereby P Y � � Y '!are abated for the year 1979 in the amount of $682,625. SECTION 2: That all Resolutions in conflict therewith, specifically Resolution 65-R-79, are hereby repealed. SECTION 3: That the City Manager, upon passage of this resolution, 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 9-0-78 for the year ":1979 in the amount of $682,625. ATTEST: yf� City Clerk 1 v l Adopted b� `' `Sf 1 8 P / 9 0 May,��