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HomeMy WebLinkAboutRESOLUTIONS-1986-074-R-8674-R-86 A RESOLUTION I Abating Taxes Levied For The Year 1986 Heretofore Levied To Pay Principal And Interest On $5,100,000 Corporate Purpose • Bonds, Series 1981-B Of The City Of Evanston, Cook County, Illinois WHEREAS, the City Council of the City of Evanston, Cook County, Illinois, did on the 5th day of October, 1981, adopt Ordinance 97-0-81, an jOrdinance entitled: An ordinance providing for borrowing money and, issuing $5,100,000 I Corporate Purpose Bonds, Series 1981-B, of the City of Evanston, Cook County, Illinois, and providing for the levy and collection of a i direct annual tax for the payment of the principal of and interest on said bonds; and i WHEREAS, there is available from other sources the amount of $200,010 which may lawfully be utilized to'pay sums due on said bonds for which taxes I were 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 i Ordinance providing for • the issuance of $5,100,000. Corporate Purpose Bonds, Series 1981-B of the City of Evanston, Cook County, Illinois, passed October 5, 1981, as Ordinance 97-0-81, be and the same hereby are abated for the year 1986 by the amount of $200,010. SECTION 2: That the City Manager, upon passage of this resolution, shall cause to be filed with the Count Clerk of Cook Count Illinois a certified co hereof and Y Y+ � PY shall direct said County Clerk to abate the taxes heretofore levied under said Ordinance 97-0-81 for the year 1986 in the amount of $200,010. I Mayor . U i AT EST• _ / I City Clerk Adopted (}tF'--� /�� 1986