HomeMy WebLinkAboutRESOLUTIONS-1986-071-R-8671-R-86
A. RESOLUTION
Abating Taxes Levied For The Year M6
Heretofore Levied To Pay Principal and
Interest On $7,000,000 Corporate Purpose
111 Bonds, Series 1980 Of The City Of j
y Evanston, Cook County, Illinois
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WHEREAS, the City Council of the City of Evanston, Cook County,
i Illinois did on the 25th day of February, 1980,-adopt Ordinance 10-0-80, an
Ordinance entitled:
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An Ordinance providing for borrowing money and issuing $7,000,000
Corporate Purpose Bonds, Series 1980, 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 $168,055
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1 which may lawfully be utilized to pay sums due on said bonds for.which taxes
iwere heretofore levied:
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
EVANSTON, COOK COUNTY, ILLINOIS: i
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SECTION I: That the taxes heretofore levied and provided for in the
Ordinance providing for, j
the issuance of $7,000,000 Corporate Purpose Bonds, Series 1980, of
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the City of Evanston, Cook County, Illinois, passed February 25,
1980, as Ordinance 10-0-80, be and the same hereby are abated for the
year 1986 by the amount of $168,055. I
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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 Clerk to abate the taxes heretofore levied
under said Ordinance 10-0-80 for the year 1986 in the amount of
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$168,055.
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Mayor.
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ATT T: _
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City Clerk
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do ted �" �1'�/ /CJ
A 1986 P
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