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HomeMy WebLinkAboutResolution #305 A RESOLUTION #3C5 providing for the retirement of certain municipal indebtedness by the use of motor fuel tax funds WHEREAS, this municipality has outstanding indebtedness described as fcllotis. .~iblic Benefit dsseseffisnts f_or Sections 32_-CS,_33-CS, 34-C3,_3_$..CB, 36-08, 37»Cg ((Title of bond issue-or paving district and municipal motor fuel tax section number) .~9Y-CS` 41 _C8~ 4?_..CB, 43~•G8 ang 4~L.G8 ae per attached list - - - - - - - - - - - - - Bonds or ! Numbers of i Interest I I Public Benefit 1 the Bonds or I or I Date 1 Assessments i Assessments I Princi_,:~al i Due i Amount I i ~ ~ i 1 ~ Principal ~1-2-1962 ~ ~ 46,061.00 I 1 Interest 11-2-1962 I 11,605.90 I I ! i 1 I I ! I I I I I 1 1 I I I 1 1 1 1 1 I i I I 1 I I 1 1 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 tYle 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 r~.~:, C,u~ ~ Z -~~l has, by resolution counci~r president and board of trus~teea ~" r adopted _~J~~ ~/ , 1~/, directed the Clerk of (~c"r~A cl ~«~-~. Count to cancel the y tax levy which would have produced funds to pay year this indebtedness. NOW, THEREFORE, B~; IT RESOLVED, that there is hereby appropriated the sum of six ana 90 loo Fifty-8eysa Thousaad 8ia Hundred 8fztyL• Dollars $ 57~~6.g0 ) 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; Lepartment of Public Works and Buildings, at Peoria ,Illinois. Form EIR M 340 {~;@v, 5.59) Sheet 1 of 2 s ~zox ~as~aLr, c p~z 3Z-cs to $ 900,00 33-cs 10 1,575.00 34-os 10 6,812,00 1 3.901.00 36-OS 6 5 ~ 37-css 6 856, o0 ~~ ~ 3,980.00 8,176.00 42••G9 4 7,500.00 43-Ce 4 4,199.00 44.cs 3 2.285.00 46,061.00 NTmREa'P TO-~ $ 45.00 $ 945.00 78.75 1,653.75 340.60 7,152.60 195.05 4,096.05 1,469.25 7.346.25 214.00 1,070.00 1,393.00 5,373.00 2,861.60 11,037.60 2,625.00 10,125.00 1,469.65 5,668.65 x.199.00 11,605.90 57,666.90 ~. I, Nellie pra~rforS _ City Clem, in and Mrs. ~ City, Town, or Village for the City of Cranton City, Town or Villa hereby certi~'y t ge the foregoing to be a true, perfect and complete copy of a resolution adopted by tl,e Cit Council at a meeting on November 21 Council or President and Bodrd of Trustees ' lg 61 . IN TESTIMONY WHEREOF, I have hereunto set my nand acid seal this ~~ duy of ~ov~bar , A. D. 19 61. ( SEAL ) '-=~ Cit ,~'F. Clerk . City, -or ~e Form BLR M .;40 (Rev. 5-59) Sheet 2 of 2