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HomeMy WebLinkAboutRESOLUTIONS-1991-082-R-9182-R-91 A RESOLUTION Abating Taxes Levied For the Year 1991 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 $74,748 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 1991-by the amount of $74,748. 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 1991 in the amount of $ 4,748. AT Mayor ?iec TEr, �C ",'dity Clerk Q' Adopted �% �0 , 1991