HomeMy WebLinkAboutRESOLUTIONS-1980-036-R-80L.
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36-R-80
A RESOLUTION
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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
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WHEREAS, the City Council of the City of Evanston, Cook County,
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lIllinois, did on the 13th day of January, 1975, adopt Ordinance 3-0-75, an
!Ordinance entitled:
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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:
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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
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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
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.,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cally Resolution 66-R-79, are hereby repealed.
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!) 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 ;
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1979 in the amount of $100,175.
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'� ATTEST:
City Clerk `
Adopted y!�/�l�U' U 1980 I
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