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HomeMy WebLinkAboutRESOLUTIONS-1983-073-R-83�i 73-R-83 i� I� A RESOLUTION I' Abating Taxes Levied for The Year 1983 Heretofore Levied To Pay Principal And 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 Evansotn, Cook County, Illinois, did on the 13th day of January, 1975 adopt Ordinance 3-0-75, I! an Ordinance entitled: An Ordinance providing for borrowing money and issuing �f bonds of the City of Evanston, Cook County, Illinois, to j 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 Ir for the payment of principal and interest on said bonds; and i !! 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, jj a Resolution entitled: A Resolution confirming sale of $800,000 Corporate Purpose j Bonds, Series 1975, of the City of Evanston, Cook County, Illinois, and providing for deposit of funds to pay interest j payable on July 1, 1975 and January 1, 1976; and ! WHEREAS, there is available from other sources the amount of �I • I $110,400 which may lawfully be utilized to pay all sums due on said bonds it for which taxes where heretofore levied: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION I: That the taxes heretofore levied and provided for in the Ordinance providing.for the issuance of $800,000 Corporate Purpose B,onds,_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 1983 by the amount of $110,400. 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 • 11direct said County Clerk to abate the taxes heretofore levied under said I � ;;Ordinance 3-0-75 for the year 1983 in the amount of $110,400. ATTEST: City Clerk