HomeMy WebLinkAboutResolution #0784RESOLUTION N0.
A RESOLUTION ABATING THE IMPOSITION OF CERTAIN TAXES
WHEREAS, the Corporate Authorities of the City of Canton, Illinois
heretofore enacted Ordinance No. 426, which, inter alia, provided for the
issuance of sewer bonds as general obligation bonds against the City of
Canton, Fulton County, Illinois and which, further, provided a levy therefor
in the amount of $71,812.50 for the year 1978 with directions to the County
Clerk of Fulton County, Illinois to provide this amount for such purpose and
for said year of 1978; and,
WHEREAS, it now appears that the City of Canton, Illinois has available
the sum of $71,812.50 for application to the payment of principal and
interest on said bonds and so that it is not now necessary to raise this
amount by taxation for the year 1978 as provided in said Ordinance No. 426; and,
WHEREAS, by reason thereof, taxes to be spread by the County Clerk
of Fulton County, Illinois, for the year 1978, may and ought to be
abated accordingly.
NOW, THEREFORE, BE IT, AND IT HEREBY IS RESOLVED BY THE CITY COUNCIL
OF THE CITY OF CANTON, ILLINOIS, as follows: That the tax levy for the year
1978, for the purpose of paying principal and interest on sewer bonds of
said City, as provided in said Ordinance No. 426, constituting general
obligations of said City be, and the same hereby is, abated in the amount
of $71,812.50 for the year 1978 and the County Clerk of Fulton County,
Illinois is hereby advised, directed and authorized not to extend the sum
of $71,812.50 of said tax levy, provided, however, that this Resolution shall
not in any manner affect the tax levies by said tax Ordinance No. 426 pro-
vided for any year excepting said year of 1978.
BE IT, AND IT HEREBY IS, FURTHER RESOLVED: That the City Clerk of this
City is hereby directed to file with the County Clerk of Fulton County,
Illinois a certified copy of this Resolution as his authority to abate the
taxes for this year 1978 in the amount above provided.
PASSED by the City Council of the City of Canton, Illinois and
APPROVED by the Mayor thereof this l ~ t ~~ day of /V C+ t> ~- Yrl f~ t= r 1978.
APPROVED: , MAYOR
HARLAN E. CROUCH
ATTEST: L[.~~ ~ ~ .~' ry ~, CITY CLERK
N CY S. WHITES