HomeMy WebLinkAboutRESOLUTIONS-1987-070-R-87•
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70-R-87
A RESOLUTION
Abating Taxes Levied For the Year 1987
Heretofore Levied To Pay Principal And
Interest On $11,825,000 Corporate Purpose
Bonds, Series 1983 Of The City Of
Evanston, Cook County, Illinois
WHEREAS, the City Council of the City of Evanston, Cook County,
Illinois , did on the 26th day of September, 1983 adopt Ordinance 98-0-83,
a
an Ordinance entitled:
An Ordinance providing for borrowing money and issuing
$11,825,000 Corporate Purpose Bonds, Series 1983, Of The
City of Evanston, Cook County, Illinois, 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 $418,288 j
which may lawfully be utilized to pay all sums due on said bonds for
which taxes where heretofore levied:
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
it EVANSTON, COOK COUNTY, ILLINOIS:
SECTION I: That the taxes heretofore levied and provided for in the
Ordinance providing for
the issuance of $11,825,000 Corporate Purpose Bonds, Series 1983 of
the City of Evanston, Cook County, Illinois, passed September 26,
I
1.983 as Ordinance 98-0-83, be and the.same hereby are abated for the
1987 by the amount of $418,288..
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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
I�
shall direct said County Clerk to abate the taxes heretofore levied
under said Ordinance 98-0-83 for the year 1987 in the.amount of
$418,288.
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Mayor
ATTEST:
City Clerk
Adopted 4f' �� 1987