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HomeMy WebLinkAboutT3-74 Ordinance No. T3-74 AN ORDINANCE FOR THE LEVY OF TAXES FOR THE CITY OF ELGIN SPECIAL SERVICE AREA NO. 1. WHEREAS, the corporate authorities of the City of Elgin, Illinois conducted a public hearing on February 6, 1974 pursuant to notice as required by the statutes of the State of Illinois to consider the formation of a special service area and the levy of taxes to provide for the payment of design and engineering services for a shopping mall in said proposed special service area; and WHEREAS, after the expiration of thirty days following said public hearing, no petitions signed by 51% of the electors residing within the proposed special service area and by at least 51% of the owners of record of the land included within the boundaries of the proposed special area was filed objecting to the formation of said special service area or the levy of taxes as proposed; and WHEREAS, City of Elgin special service area was formed by an ordinance duly enacted by the City Council of the City of Elgin, Illinois. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS. Section 1. That there be and there is hereby levied upon all taxable eft. real estate or personalty located within City of Elgin Special Service Area No. 1, as established by ordinance of the City of Elgin, Illinois subject to taxation for the year 1973, the sums of $110,000 for the purpose of payment for professional design and engineering services for a public improvement in said special service area in the nature of a shopping mall. Section 2. That a certified copy of this ordinance shall be filed with the County Clerk of Kane County, Illinois for extension of said tax in accordance with the provisions of Chapter 120, Section 162, of the Illinois Revised Statutes, 1973. Section 3. That this ordinance shall be in full force and effect from and after its passage and approval in the manner provided by law. s/ W. E. Rauschenberger W. E. Rauschenberger, Mayor Presented: March 13, 1974 Passed: March 13, 1974 Vote: Yeas 5 Nays 2 Recorded: March 13, 1974 Published: March 13, 1974 Attest: s/ Margaret A. Glink Margaret A. Glink, City Clerk