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HomeMy WebLinkAboutRESOLUTIONS-1990-070-R-9070-R-90 A RESOLUTION Abating Taxes Levied For The Year 1990 Heretofore Levied To Pay Principal And Interest On $5,100,000 Corporate Purpose Bonds, Series 1981-B Of The City Of Evanston, Cook County, Illinois WHEREAS, the City Council of the City of Evanston, Cook County, Illinois, did on the Sth day of October, 1981, adopt Ordinance 97-0-81, an Ordinance entitled: i • I An ordinance providing for borrowing money and issuing $5,100,000 Corporate Purpose Bonds, Series 1981-B, 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 $149,051 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 j provided for in the Ordinance providing for the issuance of $5,100,000 Corporate Purpose Bonds, Series 1981-B of the City of Evanston, Cook County, Illinois, passed October 5, 1981, as Ordinance 97-0-81, be and the same hereby are abated for the year 1990 by . the amount of $149,051. SECTION 2: That the City Manager, upon passage of this j 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 97-0-81 for the year 1990 in the amount of $149,051. Mayor 1 .ty Clerk Adopted �!/ �% ( , 1990