Loading...
HomeMy WebLinkAboutResolution #549r- A RESOLUTION ~ ~`~ ~ providing for the retirement of certain municipal in ebtedness by the use of motor fuel tax funds WI~REAS, the City of Cantan City, Town, or Village has outstanding indebtedness described as follows. ______Public Benefit Assessments for Section lt6-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 1-2-1971 ~ 40,655.00 Txiteraet 1-2-1971 13 O12G.07 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 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 Sixty-Nine and 07/100 1' ].~1%Y-m?~re© Thousand ~i.x Hundred Dollars ($ ~~.669.OT ~ firnm fimAc 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 SECTION INSTALLMENT PRINCIPAL INTEREST -...._._._._ r......~.. 1~6aCS 1 $13,615.00 X1,522.07 1~6-CS 2 13,520.00 6,081.00 l~6-cs 3 i3,52o.00 5~4os.oo 10,655.00 x,3,014.07 TOTA?~ X15,137.00 19,602.00 18,928.00 53,669.0? .: .~ ~. I, Nellie Crawford , City Clerk in and mss' City, Town, or Village for the City of Canton hereby certify City, Town, or Village] the foregoin€ to be a true, perfect and complete copy of a resolution adopted by the Council. at a meeting on December 22 Council or President and Board of Trustees ' 19~. IN TESTIMONY WI~REOF, I have hereunto set my hand and seal this _ 23rd day of December , A. D. 19,Z. ~~~ ~ (SEAL) Cit Clerk. City, Town, or Village Form BLR M 340 (Rev. ly_;;.) Sheet 2 of 2