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53-R-88
A RESOLUTION '
�Abating Taxes Levied For The Year 1988
Heretofore Levied To Pay Principal and
Interest On $7,000,000 Corporate Purpose
Bonds, Series 1980 Of The City Of
• Evanston, Cook County,'Illinois
WHEREAS, the City Council of the City of Evanston, Cook
County, Illinois did on the 25th day of February, 1980, adopt
Ordinance 10-0-80, an Ordinance entitled:
An Ordinance providing for borrowing money and issuing
$7,000,000 Corporate Purpose Bonds, Series 1980, 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
WHEREAS, there is available from other sources. the
amount of $148,847 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
the issuance of $7,000,000 Corporate Purpose Bonds,
Series 1980. of the- City of Evanston, Cook County,
Illinois, passed February 25, 1980, as Ordinance
10-0-80, be and, the same hereby are abated for the`year
1988 by the amount of $148,847.'
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 10-0-80.for
the year 1988 in the amount of $148,847.
Mayor
• ATTEST, i
'ty Clerk
Adopted ��It�-/� 1988