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HomeMy WebLinkAboutT29-10 Ordinance No. T29-10 AN ORDINANCE FOR THE LEVY AND ASSESSMENT OF TAXES FOR THE FISCAL YEAR ENDING DECEMBER 31, 2010 IN AND FOR THE CITY OF ELGIN SPECIAL SERVICE AREA NUMBER TWO 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 Two has been created by an ordinance entitled"An Ordinance Establishing Special Service Area Number Two in the City of Elgin" passed and effective on September 7, 1977; that the corporate authorities of the City of Elgin,acting as the governing board of the City of Elgin Special Service Area Number Two are authorized to levy taxes for special services in said special service area. Section 2. That there be and there is hereby levied upon all taxable property within the City of Elgin Special Service Area Number Two, subject to taxation for the year 2010, the sum total of $124,500 for the following purposes. Estimated Receipts From Sources To Be 2011 Other Than Raised By Appropriation Taxation Taxation Debt Services—for operations and maintenance of parking facility $136,580 $13,313 $123,267 Total appropriation $136,580 Total revenues from sources other than Taxation $13,313 Amount to be raised by taxation $123,267 Add: 1% for loss of collection 1,233 Total amount to be raised by taxation for Special Service Area Number Two purposes $124,500 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 Two. Section 4. That it is hereby certified to the County Clerk of Kane County,Illinois the sum aforesaid,which total amount City of Elgin Special Service Area Number Two requires 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. Ed Schock, Mayor Presented: December 15, 2010 Passed: December 15, 2010 .4 O F E�G Vote: Yeas: 7 Nays: 0 otoo. Recorded: December 16, 2010 r^' Published: December 17, 2010 • J,r ± t Attest: r` 04,�TEI) ��- .•~ Diane Robertson, C Clerk