HomeMy WebLinkAboutRESOLUTIONS-1989-071-R-8971-R-89
A RESOLUTION
Abating Taxes Levied For The Year 1989
Heretofore Levied To Pay Principal And
Interest On $6.500,000 Corporate Purpose
Bonds, Series 1982 Of The City Of
Evanston, Cook County, Illinois
• WHEREAS, THE City Council of the City of Evanston, Cook
County, Illinois, did on the 14th day of June, 1982, adopt
Ordinance 63-0-82, an Ordinance entitled:
An Ordinance providing for borrowing money and issuing
$6,500,000 Corporate Purpose Bonds, Series 1982, 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 $798.937.50 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 $6,500.000 Corporate Purpose Bonds,
• Series 1982 of the City of Evanston, Cook County,
Illinois, passed June 14, 1982, as Ordinance 63-0-82, be
and the same hereby are abated for the year 1989 by the
amount of $798,937.50.
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 63-0-82 for
the year 1989 in the amount of $798,937.50.
"�ayo r Pro Tem
ATTEST:
• City Clerk
Adopted 1989 1989