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HomeMy WebLinkAboutRESOLUTIONS-1982-054-R-8254-R-82 A RESOLUTION Abating Taxes Levied For The Year 1982 Heretofore Levied To Pay Principal And Interest On $10,000,000 Corporate Purpose Bonds, Series 1981-A Of The City Of • Evanston, Cook County, Illinois 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 Ordinance entitled: ` An Ordinance provi"ding for borrowing money and issuing $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 i WHEREAS, there is available from other 'sources the amount of $326,410 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 EVANSTON, COOK COUNTY, ILLINOIS: • SECTION 1: That the taxes heretofore levied and provided for in 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 Ordinance 20-0-80, be and the same hereby are abated for the year 1982 by the amount of $326,410. ' SECTION 2: That the City Manager, upon"passage of this resolution, shall cause to be filed with'the County Clerk of Cook County; Illinois, a certified copy hereof and shall direct said County ClerIt to abate the taxes heretofore levied ender said Ordinance 120-0-80 for the year 1982 in the amount of $326,410. a .ATTEST: City Clerk Adopted �� Z Y 1982