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HomeMy WebLinkAboutRESOLUTIONS-1991-084-R-9184-R-91 A RESOLUTION Abating Taxes Levied For The Year 1991 Heretofore Levied To Pay Principal And Interest On $10,030,000 Corporate Purpose Bonds, Series 1987 Of The City Of Evanston, Cook County, Illinois 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 WHEREAS, there is available from other sources the amount of $713,120.00 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 $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 1991 by the amount of $713,120.00. 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 1991 in the amount of $713,1 � b ra Mayor t?eo7em ATTE / City Clerk • Adopted , 1991