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HomeMy WebLinkAboutRESOLUTIONS-1989-073-R-8973-R-89 A RESOLUTION Abating Taxes Levied For The Year 1989 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 Drdinance 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 $172,267 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 1989 by the amount of $172,267. 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 1989 in the amount of $172.267. Mayor Pro Tem ATTEST: ` • i City Clerk Adopted oet-"'" l/2 1989 I-