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HomeMy WebLinkAboutResolution #0786~. A RESOLliTION ~#~ ~~ ~~ ~' ~' •providing for the retirement of certain municipal indebtedness by the use of motor fuel tax funds t•THERFAS, the City of Cant©n has (City, Town, or Village) outstanding indebtedness described as follo~~~s; Public Benefit Assessmen~s for Section 59CS 61CS (Title of bond issue or paving district and :~unicipal motor fuel tax section number - Bends or Numbers of Interest Public Benefit the Bonds or or Date Assessments Assessments Principal Due Amount SECTION INSTALL2~ENT 59CS 8 61cs 9 and PRINCIPAL X16,000.00 28,830.00 Due Date January 2, 1979 INTEREST TOTAL ~ 2,8$0.00 X1$,$80.00 3,459.60 32,289.60 j•IHERFAS, in the opinion of this body, the indebtedness described in the preceding paragraph may be retired with funds allotted to the municipality under the Pdotor Fuel Tax Law, and Z•THERFAS, it appears that sufficient motor fuel tax funds are or will be available when the above indebtedness is due, and WHEREAS, the has, by resolution (council or president and board of trustees adopted ,19 , directed the Clerk of County to cancel the tax levy (for taxes ccllectable in ~ which would (year) (year) have produced funds to pay this indebtedness. (I?ct applicable to special ?ssessment projec~s.) NOW, THEREFORE, BE IT RESOLVED, that the7~e is hereb, appropriated the sum~of sixty-nine and 60 100 Fifty-one thousand one htzndr~llars ($ 51,169.60 ) frcm funds allotted to the municipality under the i~'otor Fuel Tax Lair for the payment of the above-described indebtedness, and BE IT FURTHER RESCLVED, that the Clerk shall i^mediately transmit three (3) certi- fied copies of this resolution to the D_strict Eroireer, Division of High~•rays, Department of Public ~•lorks and Buildings, at Peoria , Illinois. Form BLR bi 3i+0 (Rev. 3-67} Sheet 1 of 2 ..- ~ Miss I, P/,r . , P~1rs . _ Clerk in and (City, Town, or Village) for the of hereby certify (City, Tom, or Village) the foregoing to be a true, perfect and complete copy of a resolution adopted by the at a meeting on , (Council or President and Board of Trustees) 19 IIJ TESTIAiONY WHEREOF, I have hereunto set my hand and seal this day of , ~1.D. 19 (SEAL ) _ Clerk. (City, Town, or Village) FOT'L"~ BLR M 3~+0 (Rev. 3-67) Sheet 2 of 2