HomeMy WebLinkAboutResolution #0783RESOLUTION N0. "~~ ~
A RESOLUTION ABATING THE IMPOSITION OF CERTAIN TAXES
WHEREAS, the Corporate Authorities of the City of Canton, Illinois
heretofore enacted Ordinance No. 508, 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 $83,310.00 for the year 1978 with direc-
tions 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 avail-
able the sum of $83,310.00 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. 508;
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. 508, constituting general
obligations of said City be, and the same hereby is, abated in the amount
of $83,3.10.00 for the year 1978 and the County Clerk of Fulton County,
Illinois is hereby advised, directed and authorized not to extend the
sum of $83,310.00 of said tax levy, provided, however, that this Resolu-
tion shall not in any manner affect the tax levies by said tax Ordinance
No. 508 provided 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
i-h ,' ~t~t 6.~ c' `, 1978.
by the Mayor thereof this J'~ ____ day of ~~/~ ~_
APPROVED: ~/ ~~~i~ MAYOR
HARLAN E. CROUCH
ATTEST: ~.-~~~C:-t.. _ ~.ti'i';~f.`,L.~;v,,' , CITY CLERK
~' NA CY S. WHITES