HomeMy WebLinkAboutRESOLUTIONS-1990-071-R-9071-R-90
A RESOLUTION
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Abating Taxes Levied For The Year 1990
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
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County, Illinois, did on the 14th day of June, 1982, adopt
Ordinance 63-0-82, an Ordinance entitled:
1 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 $813,437.50 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 1990 by the
amount of $813,437.50.
j 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 1990 in the amount of $813,437.50.
Mayor
ATTEST: r
City Clerk
�.dopted / , 1990
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