HomeMy WebLinkAboutRESOLUTIONS-1987-074-R-8774-R-87
A RESOLUTION
Abating Taxes Levied For The Year 1987
Heretofore Levied To Pay Principal And
Interest On $10,030,000 Corporate Purpose
• Bonds, Series 1987 Of The City Of
j Evanston, Cook County, Illinois
WHEREAS, THE City Council of the City of Evanston, Cook County,
Illinois, did on the 14th day of September,1987, adopt Ordinance 84-0-87, an
! Ordinance entitled:
An Ordinance providing for the issuance of $10,030,000 Corporate
Purpose Bonds, Series 1987, of the City of Evanston, Cook County,
Illinois, and providing for the levy and' collection of a direct
` annual tax for the payment of the principal of and interest on said
bonds; and
iWHEREAS, there is available from other sources the amount of $690,260
which may lawfully be utilized to pay sums due on said bonds for which taxes
i were heretofore levied:
i
NOW, THEREFORE, BE.IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
i EVANSTON, COOK COUNTY, ILLINOIS:
I
SECTION I: That the taxes heretofore levied and provided•for in the
Ordinance providing for
• the issuance of $10,030,000 Corporate Purpose Bonds,'Series 1987 of
the City of Evanston, Cook County, Illinois, passed September 14,
1987, as Ordinance 84-0-87, be and the same hereby are abated for the
j. year 1987 by the amount of $690,260.
s
' SECTION 2: That the Cit Manager, u y g p on 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 84-0-87 for the year 1987 in the amount of
I
$690,260
9%ayor
IATTEST':
City Clerk
i
Adopted /r6 /, Phi Ol 1
1
�I
, 1987