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HomeMy WebLinkAboutRESOLUTIONS-1980-036-R-80L. f I . 36-R-80 A RESOLUTION i ABATING TAXES LEVIED FOR THE YEAR 1979 ki HERETOFORE LEVIED TO PAY PRINCIPAL AND • INTEREST ON $800,000 CORPORATE PURPOSE BONDS, SERIES 1975 OF THE CITY OF i EVANSTON, COOK COUNT', ILLINOIS i WHEREAS, the City Council of the City of Evanston, Cook County, i1 lIllinois, did on the 13th day of January, 1975, adopt Ordinance 3-0-75, an !Ordinance entitled: • • An Ordinance providing for borrowing money and issuing bonds of the City of Evanston, Cook County, Illinois, to the amount of $800,000 for the purpose of paving part of the cost i; of constructing municipal improvements and providing for the levy and collection of a direct annual tax for the payment of principal and interest on said bonds; and WHEREAS, the City Council of the City of Evanston., Cook County, Illinois, did on the 13th day of January, 1975 adopt Resolution 5-R-75, a Resolution entitled: A Resolution confirming sale of $800,000 Corporate Purpose Bonds, Series 1975, of the City of Evanston, Cook County, ' Illinois, and providing for deposit of funds to pay interest payable on July 1, 1975 and January 1, 1976; and WHEREAS, there is available from other sources the amount of i $100,175 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 _1' EVANSTON, COOK COUNTY, ILLINOIS: I SECTION 1: That the taxes heretofore levied and provided for in ii y the Ordinance providing for the issuance of $800,000 Corporate Purpose Bonds, Series 1975, of the City of Evanston, Cook County, Illinois, passed January 13, 1975, as Ordinance 3-0-75, be and the same �i .,hereby are, abated for the year 1979 by the amount of $100,175. SECTION 2: That all Resolutions in conflict therewith, specifi- cally Resolution 66-R-79, are hereby repealed. i I '1 !) SECTION 3: That the City Manager, upon passage of this resolution, i shall cause to be filed with the County Clerk of Cook (County, Illinois, a certified copy hereof and shall direct said County Clerk I to abate the taxes heretofore levied under said Ordinance 3-0-75 for the year ; (' t 1979 in the amount of $100,175. ;I j '� ATTEST: City Clerk ` Adopted y!�/�l�U' U 1980 I } I , i j f i Ii �i I I , 9 i I i, �1 �I ! (