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HomeMy WebLinkAboutT11-77 VOLUME XXXXI6 405 Ordinance No. T11-77 AN ORDINANCE FOR THE LEVY AND ASSESSMENT OF TAXES FOR THE FISCAL YEAR ENDING DECEMBER 31, 1977 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 Esta- blishing Special Service Area Number Two in the City of Elgin" passed and effective on September 7, 1977; that the ;:orporate authorities of the City of Elgin, acting as the governing board of City of Elgin Special Service Area Number Two are authorized to levy taxes for special services in said special service area. Section 2. That the total amount of appropriations for all urposes to be collected from the tax levy for the current fiscal year in City of Elgin Special Service Area Number Two is ascertained to be the sum of $147,300. Section 3. That the full sums be and the same hereby are levied upon all taxable property as defined in the Revenue Act of 1939 in City of Elgin Special Service Area Number Two, said tax to be levied for the fiscal year ending December 31, 1977: Amount Appropriated Amount Levied Debt Services - repayment of loan Debt Services - repayment of loan from City of Elgin for the con- from City of Elgin for the con- struction of parking facility - struction of parking facility - $ 147,300 $ 147,300 other - none other - none Total - $ 147,300 Total - $ 147,300 Section 4. The tax levied herein is pursuant to the provisions of Article VII, Section 6A and 6L of the Constitution of the State of Illinois and pursuant to Public Act 78-901 and to an ordinance establishing City of Elgin Special Service Area Number Two. Section 5. 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 law a certified copy of this ordinance. 406 VOLUME XXXXII Section 6. That this ordinance shall be in full force and effect from and after its passage and approval as provided by law. 4111) s/ Richard L. Verbic Richard L. Verbic, Mayor Presented: September 19, 1977 Passed: September 19, 1977 Vote: Yeas 5 Nays 1 Recorded: September 20, 1977 Published: Attest: s Marie Yearman rie Yearman, City Clerk ADJOURNMENT There being no further business to come before the Elgin City Council , Councilman West made a motion, seconded by Councilman Barnes to adjourn the meeting. Yeas : Councilmen Barnes , Beckmann, Hill , Strattan, West and Mayor Verbic. Nays : None. The meeting was adjourned at 6: 05 P .M. Marie Year an, City Clerk 44)