HomeMy WebLinkAboutResolution #0749~, w,~
RESOLUTION N0. i T Z
A RESOLUTION ABATING THE IMPOSITION OF CERTAIN TAXES
WHEREAS, the Corporate Authorities of the City of Canton,
Illinois heretofore enacted Ordinance No. 426, which, inter alia,
provided for the issuance of sewer bonds as general obligation bonds
against the City of Canton, Fulton County, Illinois and which, fur-
ther, provided a levy therefor in the amount of $74,437.50 for the.
year 1977 with directions to the County Clerk of Fulton County,
Illinois to provide this amount for such purpose and for said year
of 1977; and,
WHEREAS, it now appears that the City of Canton, Illinois has
available the sum of $74,437.50 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 1977 as pro-
vided in said Ordinance No. 426; and,
WHEREAS, by reason thereof, taxes to be spread. by the County Clerk
of Fulton County, Illinois, for the year 1977, 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 1977, for the purpose of paying principal and interest
on sewer bonds of said City, as provided in said Ordinance No. 426,
constituting general obligations of said City be, and the same hereby '
is, abated in the amount of $74,437.50 for the year 1977 and the
County Clerk of Fulton County, Illinois is hereby advised, directed
and authorized not to extend the sum of $74,437.50 of said tax levy,
provided, however, that this Resolution shall not in any manner affect
the tax levies by said tax Ordinance No. 426 provided for any year.ex-
cepting said year of 1977.
BE IT, AND IT HEREBY IS, FURTHER RESOLVEDe 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 his authority
to abate the taxes for this 1977 in the amount above providedo
PASSED by the City Council of the City of Canton, Illinois
and APPROVED by the Mayor thereof this ~ day of ,
1977°
APPROVED o ;'~'YOR
HARLAN Ee CROUCH
ATTEST o .V'/"~l11~4 CITY CLERK
NANC So WHITES