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HomeMy WebLinkAboutRESOLUTIONS-1987-072-R-87i 72-R-87 A RESOLUTION I� Abating Taxes Levied For The Year 1987 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 Ordinance entitled: An ordinance providing for borrowing money and issuing $5,100,000 Corporate Purpose Bonds, Series 1981-B, of the City of Evanston, Cook County, Illinois, and providing for the levy and collection of a dir-ect 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 $189$639 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 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, i as Ordinance 97-0-81, be and the same hereby are abated for the year 1987 by the amount of.$189,639. 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 97-0-81 for the year 1987 in the amount of $189,639. i I� ` Mayor I ATT City Clerk I 1987 Adopted �3 l r