HomeMy WebLinkAboutResolution #576• ,~i
A RESOLUTION ~S
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:
_~'~,p~ig_Be.~Q~.~..~_QS.~e~~E~e.~1t~_~.R~_~e~t~431s_48 _CS_~nd-~1 =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.
Principal 1-»2-172 $ 11,869.90
Interest 1-2-1972 ~6~.50
12~433.40~
and
WHEREAS, in the opinion of this body, the indebtedness described in the preceding
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 available
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 (for taxes collectable in ) which would
(year (year)
have produced funds to pay this indebtedness. (Not applicable to special assessment
projects.)
NOW, THEREFORE, BE IT RESOLVED, that there is hereby appropriated the sum~of
Thirty-Three and 40/100
Twelve Tho~a_sand Four HundredDollars ($ 12,433.40 ) 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 ;e or is , Illinois.
Form :3Lr, iii (Rev. 3-67)
` Sheet i of
.~
SEeTION INSTALLMENT PRINCIPAL INTEREST TOTAL
48-CS to ~ 5,046.00 ~ 222.30 ~ 5,268.30
51-CS 9 6 82 0 41 20 2,16.1.0
11, 9.90 3. 0 12,433.40
t
}G~
I, 3d~k' . Ne 11 ie Crawford , City Clerk in and
Mrs. City, Town, or Village]
for the C its of Canton hereby certify
(City, Town, or Village
the foregoing to be a true, perfect and complete copy of a resolution adopted by the
C u cil at a meeting on December 7 ~
Council or President and Board of Trustees
19~.
IN TESTIMONY WHEREOF, I have hereunto set my hand and seal this
8th
day
of December , A.D. 19~_.
,L__ c ,~/
~ ~~
~S~) ~ C erk.
City, Town, or Village
r
Form BLR M. 3~+0 (Rev. 3-67)
Sheet 2 of 2