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HomeMy WebLinkAboutResolution #576• ,~i A RESOLUTION ~S 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: _~'~,p~ig_Be.~Q~.~..~_QS.~e~~E~e.~1t~_~.R~_~e~t~431s_48 _CS_~nd-~1 =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. Principal 1-»2-172 $ 11,869.90 Interest 1-2-1972 ~6~.50 12~433.40~ and WHEREAS, in the opinion of this body, the indebtedness described in the preceding paragraph 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 WHEREAS, the has, by resolution (council or president and board of trustees , adopted"` ,19 _, directed the Clerk of County to cancel the tax levy (for taxes collectable in ) which would (year (year) have produced funds to pay this indebtedness. (Not applicable to special assessment projects.) NOW, THEREFORE, BE IT RESOLVED, that there is hereby appropriated the sum~of Thirty-Three and 40/100 Twelve Tho~a_sand Four HundredDollars ($ 12,433.40 ) 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 ;e or is , Illinois. Form :3Lr, iii (Rev. 3-67) ` Sheet i of .~ SEeTION INSTALLMENT PRINCIPAL INTEREST TOTAL 48-CS to ~ 5,046.00 ~ 222.30 ~ 5,268.30 51-CS 9 6 82 0 41 20 2,16.1.0 11, 9.90 3. 0 12,433.40 t }G~ I, 3d~k' . Ne 11 ie Crawford , City Clerk in and Mrs. City, Town, or Village] for the C its of Canton hereby certify (City, Town, or Village the foregoing to be a true, perfect and complete copy of a resolution adopted by the C u cil at a meeting on December 7 ~ Council or President and Board of Trustees 19~. IN TESTIMONY WHEREOF, I have hereunto set my hand and seal this 8th day of December , A.D. 19~_. ,L__ c ,~/ ~ ~~ ~S~) ~ C erk. City, Town, or Village r Form BLR M. 3~+0 (Rev. 3-67) Sheet 2 of 2