HomeMy WebLinkAboutRESOLUTIONS-1988-058-R-88� •L
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58-R-88
A RESOLUTION
Abating Taxes Levied For The Year 1988
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:
An Ordinance providing for the issuance of $9,160,000
Corporate Purpose Bonds, Series 1986, 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 $157,734 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 $9,160,000 Corporate Purpose Bonds,
Series 1986 of the City of Evanston, Cook County,
Illinois, passed July 28, 1986, as Ordinance 78-0-86, be
and the same hereby are abated for the year 1988 by the
amount of $157,734.
;., 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 78-0-86'for
the year 1988 in the amount of $157,734.
U Mayor
ATTEST:
City' -Clerk
Adopted 2) PiI �� 1988