HomeMy WebLinkAboutResolution #0699R E S O L U T I O N No.~
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 ~?9,687.50 for the year 1975 with directions to
the County Clerk of Fulton County, Illinois to provide this amount for such
purpose and for said year of 1975; and,
WHEREAS, it now appears that the City of Canton, Illinois has
available the sum of ~?9,687.50 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 1975 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 1975, may and ought to be
abated in the amount,
NOW, THEREFORE, BE IT, AND IT HEREBY IS RESOLVED BY THE CITY COUNCIL
OF THE CITY OF CANTON, IL,LIlVOIS: that the tax levy for the year 19?5
for the purpose of paying principal and interest on sewer bonds of said
City, constituting general obligations of said City be, and the same
hereby is, abated in the amount of $79,687.50 for the year 1975 and the
County Clerk of Fulton County, Illinois is hereby advised, directed and
authorized not to extend the sum of $79,687.50 of said tax levy provided,
however, that this Resolution shall not in any manner affect the tax
levies by said tax Ordinance No. 426 provided for any year excepting
said year of 1975.
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 1975 in the amount above provided.
PASSED by the City Council of the City ,~off// Canton, Illinois and
APPROVED by the Mayor thereof this ~Q G~ day of January, A.D.
1976 .
APPROV : _ '~ r ,MAYOR.
ATTEST: , CITY CLERK.
P ~~
~~~
J i ~ t y_..