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HomeMy WebLinkAboutRESOLUTIONS-1986-034-R-8634-R-86 • A RESOLUTION 34-R-86 providing for the retirement of certain municipal indebtedness.by the use of motor fuel tax funds WHEREAS, the Citv of Evanston has (City, Town, or Village) outstanding indebtedness described as follows: West End.Project - Section 72-00118-00-FP --------------------------------------------------------------------------------------- (Title of bond issue or paving district and municipal motor fuel tax section number) ---------------------- ------- ------------------- ------- --------------- --------=-------- Bonds or Public Benefit Assessments Bonds • and Numbers of Interest the Bonds or or Date Amount Assessments Principal Due 141-160 $100,000 1/1/86 2,600 I 7/1/85 2,600 I 1/l/86 $105,200 WHEREAS, in the opinion of this body, the indebtedness described in the preceding paragraph maybe retired with funds allotted to the municipality under the Motor Fuel Tax Law, and WHEREAS, it appears that sufficient motor fuel tax funds are or will be available when the above indebtedness is due, and WHEREAS, the Council has, by resolution (council or president and board of trustees) adopted November 26, , 19 84 , directed the Clerk of Cook County to cancel the 1984 tax levy (for taxes collectable in 1985 ) which would (year) (year) have produced funds to pay this indebtedness. (Not applicable to special assessment projects.) NOW, THEREFORE, BE IT RESOLVED, that there is hereby appropriated the sum of One Hundred Five Thousand Two Hundred and nLILD Dollars ($ 105,200 ) from funds allotted to the municipality under the Motor Fuel Tax Law for the payment of the above -described indebtedness, and BE IT FURTHER RESOLVED, that the Clerk shall immediately transmit three (3) certi- fied copies of this resolution to the Region/District Engineer, Department of Trans- • portation, at Schaumburq Illinois. Form BLR M-340 (Rev. 8-72) Sheet 1 of 2 • U§"g Mrs. Kirsten F. Davis , City (City, Town, or Village) in and for the City of Evanston hereby (City, Town, or Village) certify the foregoing to be true, perfect and complete copy of a reso- Clerk lution adopted by the Council (Council or President and Board of Trustees) at a meeting on IN TESTIMONY WHEREOF, I have hereunto set my hand and seal this dayof 6� 'ty / A.D. 19 1 Lc/� Clerk (City,wn, or Village) Deputy Clerk J Form BLR M-340 (Rev. 8-72) Sheet 2 of 2