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HomeMy WebLinkAboutRESOLUTIONS-1991-085-R-9185-R-91 A RESOLUTION 0 Abating Taxes Levied For The Year 1991 Heretofore Levied To Pay Principal And Interest On not to exceed $15,570,000 Corporate Purpose Bonds, Series 1990 Of The City Of Evanston, Cook County, Illinois WHEREAS, THE City Council of the City of Evanston, Cook County, Illinois, did on the 24th day of September, 1990, adopt Ordinance 98-0-90, an Ordinance entitled: An Ordinance providing for the issuance of not to exceed $15,570,000 Corporate Purpose Bonds, Series 1990, 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 $1,0041331.26 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: Adopted SECTION I: That the taxes heretofore levied and provided for in the Ordinance and Certificate of Tax Levy providing for the issuance of not to exceed $15,570,000 Corporate Purpose Bonds, Series 1990 of the City of Evanston, Cook County, Illinois, passed September 24, 1990, as Ordinance 98-0-90, be and the same hereby are abated for the'�.year 1991 by the amount of $1,004,331.26. SECTION 2: That the City Manager, upon passage of resolution, shall cause to be filed with County Clerk of Cook County, Illinois, a certified hereof and shall direct said County Clerk to abate taxes heretofore levied under said Ordinance 98-0-90 the Certificate of Tax Levy for the year 1991 in amount of $1,004,331.26 Z5� r3. zj-r,— e7Zfk xayor4& TEA , 1991 this the copy the and the