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HomeMy WebLinkAboutT16-21 Ordinance No. T 16-21 AN ORDINANCE FOR THE LEVY AND ASSESSMENT OF TAXES FOR THE FISCAL YEAR ENDING DECEMBER 31, 2021 IN AND FOR THE CITY OF ELGIN SPECIAL SERVICE AREA NUMBER NINETEEN BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS: Section 1. Findings: That the City of Elgin Special Service Area Number Nineteen has been created by an ordinance entitled"An Ordinance Establishing Special Service Area Number Nineteen in the City of Elgin" passed and effective on October 8, 2008; that the corporate authorities of the City of Elgin, acting as the governing board of the City of Elgin Special Service Area Number Nineteen are authorized to levy taxes for special services in said special service area. ere be and there is hereby levied upon all taxable property within the Section 2. That there y p p p Y City of Elgin Special Service Area Number Nineteen, subject to taxation for the year 2021, the sum total of$55,330 for the following purposes. Estimated Receipts From Sources To Be 2022 Other Than Raised By Appropriation Taxation Taxation Debt Services—for payment of $55,330 548 $54,782 principal and interest Total appropriation $55,330 Total revenues from sources other than Taxation Vo Amount to be raised by taxation $54,782 Add: 1%for loss of collection 548 Total amount to be raised by taxation for Special Service Area Number Nineteen purposes Section 3. The tax levied herein is pursuant to the provision of Article VII, Section 6A and 6L of the Constitution of the State of Illinois and pursuant to 35 ILCS 200/27-5 et. seq., as amended, and to an ordinance establishing City of Elgin Special Service Area Number Nineteen. Section 4. That it is hereby certified to the County Clerk of Kane County, Illinois the requires sum aforesaid, which total amount City of Elgin Special Service Area Number Nineteen re q to be raised by taxes for the current fiscal year and the City Clerk of the City of Elgin is hereby ordered and directed to file with the County Clerk of the County of Kane on or before the time required by the law a certified copy of this ordinance. Section 5. That this ordinance shall be in full force and effect from and after its passage and approval as provided by law. David J. KaptVin, yor Presented: December 15, 2021 Passed: December 15, 2021 Vote: Yeas: 9 Nays: 0 Recorded: December 15, 2021 Published: December 15, 2021 a Att st: �f „,ems a+u�ye 01 v!j r imberly Dewis, C4ytleAk 2