HomeMy WebLinkAboutRESOLUTIONS-1987-075-R-87•
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75-R-87
A RESOLUTION
Abating Taxes Levied For The Year 1987
Heretofore Levied To Pay Principal And
Interest On $9,160,000 Corporate Purpose
Bonds, Series 1986 Of The City Of
Evanston, Cook County, Illinois
WHEREAS, THE City Council of the City of Evanston, Cook County,
Illinois, did on the 28th day of July, 1986, adopt Ordinance 78-0-86, an
Ordinance entitled:
I An Ordinance providing for the issuance of $9,160,000 Corporate
Purpose Bonds, Series 1986, of the City of Evanston, Cook County,
j. Illinois, and providing for the levy and collection of a direct
annual tax for the payment of the principal of and interest on said
j bonds; and
I WHEREAS, there is available from other sources the amount of
1$150,316.50 which may lawfully be utilized to pay sums due on said bonds for
which taxes were heretofore levied:
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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
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Ordinance providing for
the issuance of $9,160,000 Corporate Purpose Bonds, Series 1986 of
the City of Evanston, Cook County, Illinois, passed July 28, 1986, as
I Ordinance 78-0-86, be and the same hereby are abated for the year
1987 by the amount of $150,316.50.
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I 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
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under said Ordinance 78-0-86 for the year 1987 in the amount of
$150,316.50.
I
t
Mayor
ATTEST:
4City Clerk
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i Adopted ` �f�i`�Ji v73
1987