HomeMy WebLinkAboutResolution #515a
j •.
A RESOLUTION
providing for the retirement of certain municipal indebtedness by the use of motor
fuel tax funds
WHEREAS, the City
City, Town, or Village
has outstanding indebtedness described as
of Canton
follows.
__Public Benefit Assessments for Sections 1~8-CS and,~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 1-2-1970 ~ 23,612.00
Interest 1-2-1970 2,891.70
and
WHEREAS, in the opinion of this body, the indebtedness described in the pre-
ceding 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 avail-
able when the above indebtedness is due, and
WHEREAS, the Council has, by resolution
council or president and board of trustees
adopted Dec, lb, 1969 , 19_, directed the Clerk of
Cidy-a~-oekbon
County to cancel the tax levy which would have produced funds to pay
year
this indebtedness.
NOW, THEREFORE, BE IT RESOLVED, that there is hereby appropriated the sum of
70/100
Twenty-5~:~ Thousand Five :iundred Six and Dollars ($ 26,506.70 ) 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)
certified copies of this resolution to the District Engineer, Division of Highways,
Department of Public Works and Buildings, at Peoria , Illinois.
Fcrm BLR M 340(Rev. 11-62)
Sheet 1 of 2
r
A RESOLUTION.
providing for the retirement of certain municipal indebtedness by the use of motor
fuel tax funds
WHEREAS the City
City, Town, or Village
has outstanding indebtedness described as
of Canton
follows.
__Public Benefit Assessments for Sections 1~8-CS and,~l-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 Princi al Due Amount
Principal 1-2-1970 ~ 23612.00
Interest 1-2-1970 2,89l~.70
and
WHEREAS in the opinion of this body, the indebtedness described in the pre-
ceding 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 avail-
able when the above indebtedness is due, and
WHEREAS the Council has, by resolution
council or president and board of trustees
adopted Dec. 16, 1969 , 19_, directed the Clerk of C~~~-s~-~~on
County to cancel the tax levy which would have produced funds to pay
year
this indebtedness.
NOWT THEREFORE BE IT RESOLVED that there is hereby appropriated the sum of
70/100
Twenty-Six Thousand Five Hundred Six and Dollars ($ 26,506.70 ) 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)
certified copies of this resolution to the District Engineer, Division of Highways,
Department of Public Works and Buildings, at _ peoria , Illinois.
Fcrm BLR M 3~+0(Rev. 11-62)
Sheet 1 of 2
INSTALL. DATES
SECTIONS NUT•g3ERS L'UE PRINCIPI,L
~.8-CS 8 1-2-70 W ~~ G20.7.5
51-cs 7 1„2-70 18;500.00
23,612.00
IN.CEREST TOTALS
55.22
u,.1.68 v 5, 7.2.90
_.2,197.80 20, 763.80
2, 89~,, 70 26, 506.70
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I, ~'$ e.
Mr's • ' Clerk in and
City, Tow , or Village
for the of
City, Town, Village hereby certify
the foregoing; to be a true, perfect and com lete co
P py of a resolution adopted by the
Council or President and Board of Trustees at a meeting on ~~
19~•
IN TESTIMONY WHEREOF, I have hereunto set my hand and seal this ~~
of day
A. D. 19_~
(SEAL)
~`
~~ Clerk.
City, To , or Village
Form BLR M 3~+0 (Rev. ai_;;:.)
Sheet 2 of 2