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HomeMy WebLinkAboutRESOLUTIONS-1980-077-R-80r • • 77-R-80 A RESOLUTION Abating Taxes Levied For The Year 1980 Heretofore Levied .To Pay Principal And Interest On $7,000,000 Corporate Purpose Bonds, Series 1980 Of The City Of Evanston, Cook County, Illinois WHEREAS, the City Council of the City of Evanston, Cook County, Illinois, did on the 25th day of February, 1980, adopt Ordinance 10-0-80, an Ordinance entitled: An Ordinance providing for borrowing money and issuing $7,000,000 Corporate Purpose Bonds, Series 1980, of the City of Evanston, Cook County, Illinois, and providing for the levy and collection of a direct annual tax for the payment of the principal of and interest on said bonds; and j WHEREAS, there is available from other sources the amount of $241,576 which may lawfully be utilized to pay sums due on said bonds for which taxes were heretofore levied: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF I? EVANSTON, COOK COUNTY, ILLINOIS: SECTION l: That the taxes heretofore levied and provided for in the Ordinance providing for the issuance of $7,000,000 I Corporate Purpose Bonds, Series 1980, of the City of Evanston, Cook County, Illinois, passed February 25, 1980, as Ordinance 10-0-80, be and the same hereby are abated for the year 1980 by the amount of $241,576. SECTION 2: That the City Manager, upon passage of this resolution, shall cause to be filed with the County Clerk of Cook �j County, Illinois, a certified copy hereof and shall direct said'Co.unty Clerk to abate the taxes heretofore levied under said Ordinance 10-0-80 for the year 1980 in the amount of $241,576. ATTEST: City Clerk Adopted �� 7 1980 ` May