HomeMy WebLinkAboutRESOLUTIONS-1988-057-R-88•
57-R-88
A RESOLUTION
Abating Taxes Levied For the Year 1988
Heretofore Levied To Pay Principal And
Interest On $11,825,000 Corporate Purpose '
Bonds, Series 1983 Of The City Of
Evanston, Cook County,'..Illinois
WHEREAS, the City Council of the City of Evanston, Cook
County, Illinois , did on the 26th day of September, 1983 adopt
Ordinance 98-0-83, an Ordinance entitled:
An, Ordinance providing for borrowing money
and issuing $11,825,000 Corporate Purpose
Bonds, Series 1983, Of The City of Evanston,
Cook County, Illinois, and providing for the
levy and collection of a direct annual tax
for the payment of principal and interest on
said bonds; and
WHEREAS, there is available from other sources the
amount of $554,846 which may lawfully be utilized to pay
all sums due on said bonds, for which taxes where
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 $11.825,000 Corporate Purpose Bonds,
Series 1983 of the City of� Evanston, Cook County,
Illinois, passed September 26, 1983 as Ordinance
98-0-83, be and'the same hereby are abated for the year
1988 by the amount of $554,846.
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 98-0-83�for
the year 1988 in the amount of $554,846.
Mayor
ATTE T:
�ity Clerk,,
Adopted V11--et6"4 Q�