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HomeMy WebLinkAboutResolution #370._ ~,~, _ ~ ~7U A RESOLUTION providing for the retirement of certain municipal indebtedness by she use of motor fuel tax funds WHEREAS this municipality has outstanding indebtedness described as follows. Public Benefit Assessment for Section Sl-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. 1 Priri~~:p~1, 1-2-196l~ ~ 18,573,00 :Cnterest 1-2-196? 3,09~..1~5 and WI~REAS~ 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 has, by resolution council or president and board of trustees adopted , lg_, directed the Clerk of 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 See and 100 ' _ ~onllars ~~ ~~ ~6~7.~~ ) from funds allotted to the municipality under t e 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 Peor;a , Illinois. Form BLR M 340 (Rev. 5-59) Sheet 1 of 2 .~-~ r ~~ = ~ i ~. I, b Nellie Crawf ord , City Clerk in and mss' City, Town, or Village for the City of Canton hereby certify City, Town, or Villag~ the foregoing to be a true, perfect and complete copy of a resolution adopted by the City Council at a meeting on _ January 7 Council or President and Board of Trustees ' 19 6~1 . IN TESTIMONY WF~REOF, I have hereunto set my hand and seal this kith day of January , A. D. 196. (SEAL) ~~ --c- Ci C erk. City, Town, or Village Form BLR NI 3~+0 (Rev. 5-59) Sheet 2 of 2