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HomeMy WebLinkAboutResolution 09-04-1934 r' i I Ifr . c:))4) ' Resolution Resolution Whereas, there is not sufficient money in the treasury of the City of Canton to meet and defray the ordinary and necessary expenses thereof, ..nd whereas, it is desirable that the City of Canton borrow money to meet and defray the ordinary and necessary expenses thereof, Therefore, be it resolved by the City Council of the City of Canton, that the Mayor and Chairman of the Committee on Finance be , and they hereby are authorized and directed to execute tax anticipation warrants numbered one and two in form similar to the copy hereto attached and made a part of this resolution, each for 4i5,000.00 with interest at six per cent per annum, payable solely out of taxes levied for general corporate purposes for the fiscal year beginning on the first Tuesday in May, 1934; .nd be it further resolved that the City Treasurer of the City of Canton be , and he hereby is authorized and di- rected to sell said warrants at par and receive payment there- for into the City Treasury. • Na. * °, amount 46,000.00 CITY OP CANTON, FULI'ON own!, ILLINOIS 111 TAA ANTICIPATIOU ba i. ahIEa 1934-1986 Canton, Illinois October 2, 1934 For value received, and pursuant to express authority for such purposes granted by resolution by the City Council for the City of Canton, in the County of Fulton and Mate ,of Illinois, and in conformity thereto, the Treasurer of the City of Canton, Fulton County, Illinois, will pay to bearer the sum of Five Thousand, Dol- Dire ($6,000.00) with interest at six per cent per annum from date hereof until paid, or until notice shall be given that money for its payment is available out of the following Items of taxes when col* looted, whioh taxes have heretofore been levied by the City of Canton, for the fiscal year beginning the first Tuesday in May, A.D. 1934, vis... Waterworks Operating and Improvement , 4 3,600.00 bulariee and supplies, Fire Department 6,600.07 Taxies and supplies, Police Department 6,000.00 Construction and repair of streets and alleys 6,260.00 Construotion and repair of sewers and drains 1,260.00 Qonetruotion and repair of sidewalks 260.00 Miscellaneous 160.00 For salaries of City Offioera 6,000.00 Printing 760.10 Maintenance of Public Grounds and Buildings 500.00 City Court 100.00 For payment of past due and outstanding vouchers issued to pay that portion of the public improve- ment adjudged against the City as "Public Benefit" and being Vouchers No. 6,7,8,9 10 in Paving District No. 45, Vouohere No. 6,7 ,8,9,10 in Paving District No. 47, Vouchers Mo. 6,7,8,9,10 in Paving District No. 48, and Vouchers No. 4,6,6,7,8,9,10 in Paving District No. 49 3,000.00 Auditing 300.00 Elections 850.00 street Lighting 6,600.00 ►alth and sanitation 600.00 Cemetery 1,600•00 Legal Expense and Court Costs 150.00 Total, 4 58,650.00 The within and foregoing warrant is issued for the purpose of N%s . }j q the ordinr and necessary expenses of the City of 4qr x I • Y Clanton, Fulton County, Mete of Illinois, and because there is not 0 sufficient money in the treasury of the said City of Canton to meet and defray the ordinary and necessary expenses thereof. This war- ,0 ant is payable solely from the taxes herein referred to, when such taxes are selleoted, by um& under the provisions of the statutes of the ' of Minolta s gone irig the issuance of Tax An ticipation It is hereby provided that in pursuance to said resolution of the City Council of the City of Carlton authorising the issuance of this warrant, that the same shall be paid from said funds by said City Treasurer in the order of said warrants' serial number. TRE CITY 0 ' CANTON, FULTOfit COUNTY, 114:.. A By :v . 41x . •AV T:yor By .0e .a rma.p ' in. .4 •ommittee Attest; I.- 4 • y • er I hereby certify that the within and foregoing tax anticipation issued by the City of Canton, Fulton County, Illinois for the purpose therein specified together with all other warrants here- tofore issued does not anticipate the collection of over seventy-five per cent of the taxes levied by the City of Canton, Fulton County, Illinois, for corporate purposes for the fiscal year beginning the first Tuesday in May, A.D. 1934. rea sure r, • y ,, •anton