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HomeMy WebLinkAboutRESOLUTIONS-1990-073-R-9073-R-90 A RESOLUTION • • Abating Taxes Levied For The Year 1990 Heretofore Levied To Pay Principal And Interest On $9,160,000 Corporate Purpose Bonds, Series 1986 Of The City Of Evanston, Cook County, Illinois i WHEREAS, THE City Council of the City of Evanston, Cook County, Illinois, did on the 28th day of July, 1986, adopt Ordinance 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 $180,220 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 1990 by the amount of $180,220. i 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 1990 in the amount of $180,220. Mayor ATTEST: City Clerk Adopted 1�/�1�.���% , 1990 •