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HomeMy WebLinkAboutRESOLUTIONS-1989-075-R-89• 75-R-89 A RESOLUTION Abating Taxes Levied For The Year 1989 Heretofore Levied To Pay Principal And Interest On $2,650,000 Corporate Purpose Bonds, Series 1988 Of The City Of Evanston, Cook County, Illinois WHEREAS, THE City Council of the City of Evanston, Cook County, Illinois, did on the 22nd day of August, 1988, adopt Ordinance 59-0-88, an.Ordinance entitled: An Ordinance providing for the issuance of $2,650,*0;00" Corporate' Purpose Bonds, Series 1988, 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 $50,327.50 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„>e4. the ,issuance of $2,650.000 Corporate Purpose, Bonds' - Series 1988 of the City of Evanston, Cook County, • Illinois, passed August 22, 1988, as Ordinance 59-0-88., be and the same hereby are abated for the year 1989 by,; the amount of $50,327.50. 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 59-0-88 for the year 1989 in the amount of $50,327.50. Mayor Pro Tem ATTEST: IX City Clerk :' '• f Adopted 1989 ' 'Ir . .✓'s v i,