HomeMy WebLinkAboutRESOLUTIONS-1990-072-R-9072-R-90
A RESOLUTION
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Abating Taxes Levied For the Year 1990
Heretofore Levied To Pay Principal And
Interest On $11,825,000 Corporate Purpose
Bonds, Series 1983 Of The City Of
Evanston, Cook County, Illinois
WHEREAS, the City Council of the City of Evanston, Cook
County, Illinois , did on the 26th day of September, 1983 adopt
Ordinance 98-0-83, an Ordinance entitled:
An Ordinance providing for borrowing money
and issuing $11,825,000 Corporate Purpose
Bonds, Series 1983, Of The City of Evanston,
Cook County, Illinois, and providing for the
levy and collection of a direct annual tax
for the payment of principal and interest on
said bonds; and
WHEREAS, there is available from other sources the
amount of $458,842 which may lawfully be utilized to pay
all 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 $11,825,000 Corporate Purpose Bonds,
Series 1983 of the City of Evanston, Cook County,
Illinois, passed September 26, 1983 as Ordinance
98-0-83, be and the same hereby are abated for the year
1990 by the amount of $458,842.
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 98-0-83 for
the year 1990 in the amount of $458,842.
r
ATTE T:
ity Clerk
adopted
q.� r
9mayor
, 1990