HomeMy WebLinkAboutRESOLUTIONS-1986-073-R-86i
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73-R-86
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i A RESOLUTION
�) Abating Taxes Levied For The year 1986
Heretofore Levied To Pay Principal and
I� Interest On $10,000,000 Corporate Purpose
• Bonds, Series 1981-A Of The City Of
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Evanston, Cook County, Illinois
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ii WHEREAS, THE City Council of the City of Evanston, Cook County,
1' Illinois, did on the 15th day of December 1980 adopt Ordinance 120-0-80, an
Ordinance entitled:
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�i An Ordinance providing 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
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WHEREAS, there is available from other sources the amount of $304,010
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which may lawfully be utilized to pay sums due on said bonds for which taxes
!were heretofore levied:
li NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
iiEVANSTON, COOK COUNTY, ILLINOIS:
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SECTION I: 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 1986 by the amount of $304,010.
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 1.20-0-80 for the year 1986 in the amount of
$304,010.
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\ �,�i9. C'; ice.. ; G���� Gt__-✓�---
Mayor
ATTEST'
City Clerk
Adopted �� �C,/ 1986 .
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