HomeMy WebLinkAboutRESOLUTIONS-1986-077-R-86•
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77-R-86
I A RESOLUTION
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Abating Taxes Levied For The Year 1986
Heretofore Levied To Pay Principal And
II Interest On $9,160,000 Corporate Purpose
j, Bonds, Series 1986 Of The City Of
°j Evanston, Cook County, Illinois
WHEREAS, THE City Council of the City of Evanston, Cook County,
lIllinois, .did on.the 28th day of July, 1986, adopt Ordinance 78-0-86, an
110rdinance entitled:
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An Ordinance providing for the issuance of $9,160,000 Corporate
Purpose Bonds, Series 1986, of the City of Evanston, Cook County,
Illinois, and providing for the levy and collection of a direct
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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
'i$130,781,80 which may lawfully be utilized to pay sums due on said bonds for
which taxes 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
Ordinance providing for
i the issuance of $9,160,00.0 Corporate Purpose Bonds, Series 1986 of
ij the City of Evanston, Cook County, Illinois, passed July 28, 1986, as
Ordinance 78-0-86, be and the same hereby are abated for the year
;I 1986 by the amount of $130,781.80.
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SECTION 2: That the City Manager, upon passage of thisresolution,
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
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under said Ordinance 78-0-86 for the year 1986 in the amount of
I, $130,781.80.
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Mayor
ATTEST:
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City Clerk
Adopted 1986.
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