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HomeMy WebLinkAboutRESOLUTIONS-1990-074-R-9074-R-90 A RESOLUTION • • • Abating Taxes Levied For The Year 1990 I Heretofore Levied To Pay Principal And Interest On $10,030,000 Corporate Purpose Bonds, Series 1987 Of The City Of Evanston, Cook County, Illinois i WHEREAS, THE City Council of the City of Evanston, Cook County, Illinois, did on the 14th day of September,1987, adopt Ordinance 84-0-87, an Ordinance entitled: An Ordinance providing for the issuance of $10,030,000 Corporate Purpose Bonds, Series 1987, 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 i WHEREAS, there is available from other sources the amount of $811,908.00 which may lawfully be utilized to pay sums due on said bonds for which taxes were heretofore levied: I NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: i SECTION I: That the taxes heretofore levied and provided for in the Ordinance providing for the issuance of $10,030,000 Corporate Purpose Bonds, Series 1987 of the City of Evanston, Cook County, Illinois, passed September 14, 1987, as Ordinance 84-0-87, be and the same hereby are abated for the year 1990 by the amount of $811,908.00. 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 84-0-87 for the year 1990 in the amount of $811,908.00 Mayor ATTEST: City Clerk I Adopted �� / , 1990 r