HomeMy WebLinkAboutRESOLUTIONS-1986-072-R-86i
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72-R-86
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A RESOLUTION
Abating Taxes Levied For the Year 1986
Heretofore Levied To Pay Principal And
Interest On $4,500,000 Corporate Purpose
• Bonds, Series 1978 Of The City Of
Evanston, Cook County, Illinois
WHEREAS, the City Council of the City of Evanston, Cook County,
Illinois did on the 23rd day of January, 1978 adopt Ordinance 9-0-78, an
Ordinance entitled:
An Ordinance providing for borrowing money and issuing
$4,500,000 Corporate Purpose Bonds, Series 1978, Of The
City of Evanston, Cook County, Illinios, and providing
for the levy and collection of a direct annual tax for
the payment of principal and interest on said bonds; and
WHEREAS, there is available from other sources the amount of $680,550 i
which may lawfully be utilized to pay all sums due on said.bonds for
which taxes where heretofore levied: j
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 $4,500,000 Corporate Purpose Bonds, Series 1978 of
the City of Evanston, Cook County, Illinois, passed January 23, 1978
as Ordinance 9-0-78, be and the same hereby are abated for the 1986
by the amount of $680,550.
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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 9-0-7a for the year 1986 in the amount of
$680,550.
Mayor
ATTEST•
City Clerk
Adopted ���% , 1986
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