HomeMy WebLinkAboutRESOLUTIONS-1986-076-R-86f 76-R-86 {
A RESOLUTION
Abating Taxes Levied For The Year 1986
;{ Heretofore Levied To Pay Principal And
• .1 Interest On $2,240,000 Corporate Purpose
Bonds, Series 1985 Of The City Of
iI Evanston, Cook County, Illinois
WHEREAS, THE City Council of the City of Evanston, Cook County,
Illinois, did on the 28th day of October, 1985, adopt Ordinance 113-0-85, an
Ordinance entitled.
An Ordinance providing for borrowing money and issuing $2,240,000
Corporate Purpose Bonds, Series 1985, of the City of Evanston, Cook
County, Illinois, and providing for the levy and collection of a
�j 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
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!;$50,000.00 which may lawfully be utilized to pay sums due on said bonds for
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iwhich taxes were heretofore levied:
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NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
IEVANSTON, COOK COUNTY, ILLINOIS:
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! SECTION I: That the taxes heretofore. levied and provided for in the
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Ordinance providing f.or
the issuance of $2,240,000 Corporate Purpose Bonds, Series 1985 of
the City of Evanston, Cook County, Illinois, passed October 28, 1985,
as Ordinance 113-0-85, be and the same hereby are abated for the year
1986 by the amount of $50,000.00.
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SECTION 2: That the City Manager, upon passage of this resolution,
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ishall 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 113-0-85 for the year 1986 in the amount of
I $50,000.00.
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CIA
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/ Mayor
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ATTEST:
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City Clerk
Adopted//oC/� %��/�l �� �, �o 1986