HomeMy WebLinkAboutRESOLUTIONS-1988-055-R-88c
55-R-88
A RESOLUTION
Abating Taxes Levied For The Year 1988
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 direct annual
tax for the payment of the principal of and interest on
said bonds:.and 1.
WHEREAS, there is available from other sources the
amount of $179,268 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 $5,100,000 Corporate Purpose Bonds,
Series 1981-B of the City of Evanston, Cook County,
Illinois, passed October 5, 1981, as Ordinance 97-0-81,
be and the same hereby are abated for the year 1988 by
the amount of $1,79,268.
�a 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
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taxes heretofore levied under said Ordinance 97-0-81 for
the year 1988 in the amount of $179,268.
Mayor
• ATTEST: ---� -
City Clerk
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Adopted ��1988
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