HomeMy WebLinkAboutResolution #547~ r~
j A RESOLUTION ~~
.providing for the retirement of certain municipal indebtedness by the use of motor
fuel tax funds
WHEREAS the Cit of Cantsn
City, Town, or Village
has outstanding indebtedness described as follows.
______Public Benefit Assessments for Sections_1}8_CS_and ~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 1-2-1971 ~ 23.612.00
Interest ~ 1.2:.1971 171l.i..10
~~3'~-~1~.'b-
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
Twenty-Six and 10/100
Twenty-Five Thousand Three Hundred Dollars ($ 25,32b.10 __) 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
i
SECTION INSTALLI~NT
i~a.:cs
51-cs
PRIN
~ 5,ot~6.oo
1.8'~3a
INTO EREST
~ t,l~.bo
l°s
TOTAL
19 835.50
~....~..
r
. .. .
~'
I, ~C 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 complete copy of a resolution adopted by the
Council at a meeting on December 22 ,
Council or President and Board of Trustees
19 70 .
IN TESTIMONY WF~REOF, T have hereunto set my hand and seal this 23rd day
of December , A. D. 19 70.
1
Ci Clerk.
(SEAL) City, Town, or Village
Form BLR M 3~+0 (Rev. i.i-;;.)~
Sheet 2 of 2