Loading...
HomeMy WebLinkAboutResolution #577A RESOLUTION ~ ~ ' 7 providing for the retirement of certain municipal indebtedness by the use of motor fuel tax funds WHEREAS, the C ity of Canton has (City, Town, or Village) outstanding indebtedness described as follows; P1~1.i~_~.~n~~'~..~_9,ss.~s~me~n~s_.~QT_~~.ct~-ox~_45=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 Inst. No. ?~ ~~ u u Principal ~ 1•»2-1972 Interest ~,-2-1972 $ 16,760,00 _~~86.6.00 22~, 2.00 aid WI-:~~tFAS, in the opinion of this body, the indebtedness described ~n the preceding paragrap'n 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 available when the above indebtedness is due, and Wn'EREAS, the has, by resolution (council or president and board of trustees adoptea ,19 , directed the Clerk of County to cancel the tax levy (for taxes collectable in ) which ~,.Tould (year) (year) have produced funds to pay this indebtedness. (Not applicable to special assessment projects.) NOW, THEREFORE, BE IT RESOLVED, that there is hereby a propriated -c~~e su~:.~ of Hundred Twenty-Six and N0~100 Twenty-fiwo Thousand Six Dollars ($ 22,626.00 ) 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) certi- fied copies of this resolution to the District Engineer, Division of Highways, Department of Fublic Works and Buildings, at Peoria , Illinois. Form BLR M 3~+0 (Rev. .-:.'r) Sheet 1 of 2 7d~~~ I, ~x Nellie Crawford , Cit Clerk in and Mrs. City, Town, or Village I for the Cit 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 7 , Council or President and Board of Trustees 19Z IN TESTIMONY WHERE~7F, I have hereur~to set my hand and seal this $ th day of December , A.D. 19 71 (S~) - Clerk. City, Town, or Village Form BLR M. 3~+0 (Rev. 3-67) ~ Sheet 2 of 2