HomeMy WebLinkAboutResolution #577A RESOLUTION ~ ~ ' 7
providing for the retirement of certain municipal indebtedness by the use of motor fuel
tax funds
WHEREAS, the C ity of Canton has
(City, Town, or Village)
outstanding indebtedness described as follows;
P1~1.i~_~.~n~~'~..~_9,ss.~s~me~n~s_.~QT_~~.ct~-ox~_45=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
Inst. No. ?~
~~ u u
Principal ~ 1•»2-1972
Interest ~,-2-1972
$ 16,760,00
_~~86.6.00
22~, 2.00
aid
WI-:~~tFAS, in the opinion of this body, the indebtedness described ~n the preceding
paragrap'n 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 available
when the above indebtedness is due, and
Wn'EREAS, the has, by resolution
(council or president and board of trustees
adoptea ,19 , directed the Clerk of
County to cancel the tax levy (for taxes collectable in ) which ~,.Tould
(year) (year)
have produced funds to pay this indebtedness. (Not applicable to special assessment
projects.)
NOW, THEREFORE, BE IT RESOLVED, that there is hereby a propriated -c~~e su~:.~ of
Hundred Twenty-Six and N0~100
Twenty-fiwo Thousand Six Dollars ($ 22,626.00 ) 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) certi-
fied copies of this resolution to the District Engineer, Division of Highways,
Department of Fublic Works and Buildings, at Peoria , Illinois.
Form BLR M 3~+0 (Rev. .-:.'r)
Sheet 1 of 2
7d~~~
I, ~x Nellie Crawford , Cit Clerk in and
Mrs. City, Town, or Village
I
for the Cit of Canton ~ hereby certify
City, Town, or Village
the foregoing to be a true, perfect and complete copy of a resolution adopted by the
Council at a meeting on December 7 ,
Council or President and Board of Trustees
19Z
IN TESTIMONY WHERE~7F, I have hereur~to set my hand and seal this $ th day
of December , A.D. 19 71
(S~) - Clerk.
City, Town, or Village
Form BLR M. 3~+0 (Rev. 3-67)
~ Sheet 2 of 2