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HomeMy WebLinkAboutRESOLUTIONS-1989-068-R-8968-R-89 A RESOLUTION Abating Taxes Levied For The Year 1989 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 $139,241 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 1989 by the amount of $139,241. 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 1989 in the amount of $139,241. \ Mayor ATTEST • , City Clerk Adopted ll��XXW 1989 Pro Tem