HomeMy WebLinkAboutRESOLUTIONS-1980-075-R-80y
75-R-80
A RESOLUTION
Abating Taxes Levied For The Year 1980
Heretofore Levied To Pay Principal And
• Interest On $800,000 Corporate Purpose
Bonds, Series 1975 Of The City Of
Evanston, Cook County, Illinois
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WHEREAS, The City Council of the City of Evanston, Cook County,
Illinois, 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 paying part of
the cost of constructing municipal improvements and pro-
viding 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
$96,500 which may lawfully be utilized to pay all sums due on said bonds
for which taxes were heretofore levied:
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
EVANSTON, COOK COUNTY, ILLINOI.S:
SECTION l:' That the taxes heretofore levied and provided for in
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
hereby are, abated for the year 1980 by the amount of $96,500.
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f SECTION 2: That the City Manager, upon passage of this resoiption,
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shall cause to be filed with the County Clerk of Cook
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County, Illinois, a certified copy hereof and shall direct said County Clerk
to abate the taxes heretofore levied under said Ordinance 3-0-75 for the
year 1980 in the amount of $96,500.
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ATTEST:
19:.
•
City Clerk
Adopted
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