HomeMy WebLinkAboutResolution #336r /- ~ ~~ ~ • o
• M`Y~'{ ~
A RESOLUTION
providing for the retirement of certain municipal indebtedness by the use of motor
fuel tax funds
WHEREAS, this municipality has outstanding indebtedness described as fcllotis.
Pu_bl_ic_Pen®f_1t_leeeeem_®nte f_or Sections 36_-CS, ~3?-CS, 39-CS,_4.1-C3, 42-CS _~~-C9
Title of bond issue-or paving district and municipal motor fuel tax section numner)
g~1(J~Q3aaperattach~dlist ------------------•--____--
Bonds or I Numbers of ( :Interest I I
Public Benefit I the Bonds or I or 1 Date I
Assessments ( Assessments ( Principal I Due i Amount
I I I i
1 I I 1
I I Principal 1 1_2_1963 1 ~ 32,873.oa
I 1 Inter®st 11-»2-1963 1 9,302.85
I I I I
t I I I
I I I I
I 1 1 1
I I I I
I 1 I I
1 1 I 1
I I I I
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 tY~e
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 x•esolution
council or president and board of trustees
adopted , 19 , directed the Clerk of
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
dive and 85,/100
Forty-Two Thousand One $undred Seventy- Dollars ($ 42.17~•8~) 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;
+epartment of Public Works and Buildings, at Peoria , Il]•i,nois.
Form fLR M 340 (F.ev. 5-59)
Sheet 1 of 2
SECTION' INSTA~I,MMENT PRINCIPAL INTEREST TOT
36-os 7 $ 5,877.00
37-CS 7 856.00
39-CS 5 3,980.00
41-cs 5 8,176.00
42-cs 5 7,500.00
43-os 5 4,199.00
44-C9 4 2 28 .00
~~. ,175.44
171.zo
1,194.00
2,452.so
z,25o.00
1,259.70
799.75
> 7.052.44
1, oz7.2o
$,174.00
10,628.80
9,750.00
5 , 458.70
32,873.00
9,302.85
084.
2
~'
I, ids Nellie Cranford , _ City Clerr• in aril
Mrs. City, Town, or Village
for the _ City of Canton hereby certi~'y
City, Town, or Village
the foregoing to be a true, perfect and complete copy of a resolution adopted by tl~e
Cit Council at a meeting on December 18
Council or President and Board of Trustees
1962 .
IN TESTIMONY WHEREOF, I have hereunto set my nand and seal this 19th day
of Decymbsr , A. D. 1962 .
(SEAL )
,,
~~-~~ ~
~~
City ~'~ Clerk.
City, Town, or Village
Form BLR M ,40 (kev. 5-59)
Sheet 2 of 2