HomeMy WebLinkAboutResolution #644
A RESOLUTION -~~ E/
providing for the retirement of certain municipal indebtedness by the use of motor
fuel tax funds
WF~;REAS~ the C i ty
City, Town, or Villag~
has outstanding indebtedness described as
of Canton
follows.
Public ~3enefit Assessments for Sections_45 _CSa_ 4h_CS and f,l-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 _
r
Principal 1-2-1974 ~ 59,110.00
Interest 1-2-1974 19,678.60
and
WHEREAS, 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 Law, and
WHEREAS it appears that sufficient motor fuel tax funds are or will be avail-
able when the above indebtedness is due, and
WHEREAS, the /,' ,. :~_,.~ t,` has, by resolution
council or pre ent and board of trustees
adopted ~-~=~~~~~ ~ -r-; ~~~ directed the Clerk of -- ~ r,~ -...' . _,~
County to cancel the tax levy which would have produce funds to pay
year
this indebtedness.
NOW, THEREFORE, BE IT RESOLVED, that there is hereby appropriated the sum of
f-i»ndred eighty,-Li~~ht anal 60/100
5eyent~~-Ti~~ht ~l'ho»;~and Seven Dollars (~ 7f'~,7~'8.60 ) from funds
allotted to the municipality under the Motor Fuel Tax Law for the payment of the
above-described indebtedness, and
BE IT FURTHER 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 Peoria , Illinois.
Fcrm BLR M 340(Rev. 11-62)
Sheet 1 of 2
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SF~C_TION
NSTALLMENT PRINCIPAL
NTi;R1~ST . r_
;~
TUTAL
46-cs 6 ~ 16,760.00
23,50.00 ~ 4,1 0.00
3,30.00 ~ 20,950.00
16
goo
oo
61-CS 4
_.~.~ ~3.Q~.~Q .l2.10~~___~_f3.60_ ,
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~9,~.A~.4
~- .59,110,00 19,68.60 78,88.60
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I, Mi:-xoc Nc~111o (:rr~wPord , L'ity Clerk in and
mss' City, Town, or Village
for the City_ of Canton hereby certify
City, Town, or Village
the foregoing to be a true, perfect and complete copy of a resolution adapted by the
Cit Co~incil at a meeting on -December 4,
Council or President and Board of Trustees ~
193.
IN TESTIMONY WF~-REOF, I have hereunto set my hand and seal this 5th da,y
of December , A. D. 19 73. - - - __
/l-~~~,,c..
i(SEpL) i t Clerk.
itY, ,- or age
\.__,
Form BLR M 340 (Rev. li_~~.~
Sheet 2 of 2