HomeMy WebLinkAboutRESOLUTIONS-1981-064-R-8164-R-81
A RESOLUTION
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!i Abating Taxes Levied For The Year 1981
Heretofore Levied To Pay Principal And
Interest On $10,000,000 Corporate Purpose
�i Bonds, Series 1981-A 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 15th day of December, 1980 adopt Ordinance 120-0-80, an
ji Ordinance entitled:
An Ordinance providing for borrowing money and issuing
I $10,000,000 Corporate Purpose Bonds, Series 1981-A, 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
WHEREAS, there is available from other sources the amount of
$1,486,020 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:
�j SECTION 1: That the taxes heretofore levied and provided for in
if the Ordinance providing for the issuance of $10,000,000
Corporate.Purpose Bonds, Series 1981-A, of the City of Evanston, Cook County,
Illinois, passed December 15, 1980, as Ordinance120-0-80, be and the same
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�i hereby are abated for the year 1981 by the amount of $1,486,020.
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ij SECTION 2: That the City Manager, upon passage of this resolution,
shall cause to be filed with the County Clerk of Cook
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iI County, Illinois, a certified copy hereof and shall direct said County Clerk
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il.to abate the taxes heretofore levied under said Ordinance 120-0-80 for the
year 1981 in the amount of $1,486,020.
Mai yorZ
jj ATTEST:
City `Clerk
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Adopted7