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HomeMy WebLinkAboutResolution #0818RESOLUTION N0. ~4` A RESOLUTION ABATING THE IMPOSITION OF CERTAIN TAXES WHEREAS, the Corporate Authorities of the City of Canton, Illinois heretofore enacted Ordinance No. 508, which, inter alia, provided for the issuance of sewer bonds as general obligation bonds against the City of Canton, Fulton County, Illinois and which, further, provided a levy therefor in the amount of $79,950.00 for the year 1979 with direc- tions to the County Clerk of Fulton County, Illinois to provide this amount for such purpose and for said year of 1979; and, WHEREAS, it now appears that the City of Canton, Illinois has avail- able the sum of $79,950.00 for application to the payment of principal and interest on said bonds and so that it is not now necessary to raise this amount by taxation for the year 1979 as provided in said Ordinance No. 508; and, WHEREAS, by reason thereof, taxes to be spread by the County Clerk of Fulton County, Illinois, for the year 1979, may and ought to be abated accordingly. NOW, THEREFORE, BE IT, AND IT HEREBY IS RESOLVED BY THE CITY COUNCIL OF THE CITY OF CANTON, ILLINOIS, as follows: that the tax levy for the year 1979 for the purpose of paying principal and interest on sewer bonds of said City, as provided in said Ordinance No. 508, constituting general obligations of said City be, and the same hereby is, abated in the amount of $79,950.00 for the year 1979 and the County Clerk of Fulton County, Illinois is hereby advised, directed and authorized not to extend the sum of $79,950.00 of said tax levy, provided, however, that this Resolution shall not in any manner affect the tax levies by said tax Ordinance No. 508 provided for any year excepting said year of 1979. BE IT, AND IT HEREBY IS, FURTHER RESOLVED: that the City Clerk of this City is hereby directed to file with the County Clerk of Fulton County, Illinois a certified copy of this Resolution as her authority to abate the taxes for this year 1979 in the amount above provided. PASSED by the City Council of the City of Canton, Illinois and APPROVED by the Mayor thereof this~Qt ~ day of ~ ~ VF m (~~R , 1979. APPROVED: ,~t~t MAYOR HARLAN E. CROUCH ii ATTEST: CITY CLERK NCY S. WHITES