HomeMy WebLinkAboutResolution #0695.. _ . ~-
• A RESOLUTION ~ /~
providing for the retirement of certain municipal indebtedness by the use of motor
fuel tax funds
WI~REAS~ the City of Canton
City, Town, or Village
has outstanding indebtedness described as follows.
Public Benefit Assessments for Sections 45-CS=_46 _CS~_ 5~_CS and 61-CS
------------------------------------------------------- ---------------
(Title of bond issue or paving district and municipal motor fuel tax section number
Bonds or Numbers of Interest
Public Benefit the Bonds or or Date
Assessments Assessments Principal Due Amount
SECTION INSTALLL'ENT
~
4
-C S 8
59-cs 5
61-cs 6
PFINCIPAL
~ 16,76 0.00
13,520.00
16,000.00
28.S~o.oo
75,110.00
INTEREST
a 2,514..00
2,028.00
5, 760, o0
.8.649.00
1,951.00
TOTAL
~, 7
and
~ 19,274.00
15,548.00
21,760.00
37,479.00
94,061.00
WI•iEREAS~ in the opinion of this body, the indebtedness described in the pre-
ceding paragraph may be retired with funds allotted to the municipality under the
Motor Fuel Tax L$w, and
WI•IEREAS~ it appears that sufficient motor fuel tax funds are or will be avail-
able when the above indebtedness is due, and
WHEREAS the has, by resolution
council or president and board of trustees]
adopted , 19 , directed the Clerk of
County to cancel the tax levy which would have produced funds to pay
year
this indebtedness.
NOW, THEREFORE, BE IT RESOLVED that there is hereby appropriated the sum of
NO/100
Ninety-r our Thousand Sixty-One ar_r,Dollars ($ 94061.00 ) from funds
allotted to the municipality under the Motor Fuel Tax Law for the payment of the
above-described indebtedness, and
BE IT FURTI~R RESOLVED, that the Clerk shall immediately transmit three (3)
certified copies of this resolution to the District Engineer, Division of Highways,
Department of Public Works and Buildings, at P e o ria , Illinois._
Fcrm BLR M 340(Rev. 11-62)
ShYeet 1 of 2
r ~ 7
f
1SLLS
I, MYc Nellie Crawford_ - , City Clerk in and
Mrs. City, Town, or Village
for the City of Canton hereby certify
City, Town, or Village
the foregoing to be a true, perfect and compiete~copy of a resolution adopted by the
City Council at a meeting on Decec~ber 2 ,
Council or President and Board of Trustees
19 7 5.
iN TESTIMONY WI~REOF, I have hereunto set my hand and seal this 3rd day
of December , A. D. 19 75.
(SEAL)
City Clerk.
City, Town, or Village
Forth BLR M 340 (Rev. .i? -:~.)
Sheet 2 of 2