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HomeMy WebLinkAboutRESOLUTIONS-1981-061-R-816 0- " A RESOLUTION Abating taxes Levied for The Year 1981 �j Heretofore Levied To Pay Principal And I Interest On $800,000 Corporate Purpose Bonds, Series 1975 Of The City Of Evanston, Cook County, Illinois I 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 I 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 11 WHEREAS, the City Council of the City of Evanston, Cook County, i( Illinois, did on the 13th day of January, 1975 adopt Resolution 5-R-75, a Resolution entitled: i; 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 $92,825 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, ILLINOIS: I SECTION 1: That the taxes heretofore levied and provided for in j the Ordinance providing for the issuance of $800,000 Corporate Purpose Bonds, Series 1975, of the City of Evanston, Cook County, i Illinois, passed January 13, 1975, as Ordinance.3-0-75, be and the same hereby are, abated for the year 1981 by the amou.nt of $92,825. SECTION 2: That the City Manager, upon passage of this resolution, shall cause to be filed with the County.Clerk of Cook I 0 • .. County, Illinois, a certified copy hereof and shall direct 5_a'i.d County Clerk to abate the taxes heretofore _levied under said Ordinance 3-0-75 for the year 1981 in the amount of $92,825. ATTEST: i City Clerk Adopted ;C��cc,,L 7 ci i �I _ � 'ia Yo r —2—