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Ordinance No. T9 -79
AN ORDINANCE
FOR THE LEVY AND ASSESSMENT OF TAXES FOR THE FISCAL YEAR ENDING
DECEMBER 31, 1979 IN AND FOR THE CITY OF ELGIN SPECIAL SERVICE AREA
NUMBER THREE
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 Three has been created by an ordinance entitled "An Ordinance Esta-
blishing Special Service Area Number Three in the City of Elgin" passed and
effective September 18, 1978; that the corporate authorities of the City
of Elgin, acting as the governing board of City of Elgin Special Service
Area Number Three 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 City of Elgin Special Service Area Number Three, subject to
taxation for the year 1979, the total sum of $11,515 for the following
purposes:
Estimated
Receipts
From Sources
To Be
1979
Other Than
Raised By
Appropriation
Taxation
Taxation
Debt Services - repayment of loan
from City of Elgin for the con-
struction of decorative street
lighting
$ 11,400
$ -
$ 11,400
Total Appropriation
$ 11,400
Total Revenues from Sources
Other Than Taxation
$ -
Amount to be Raised by Taxation
$ 11P400
Add: 1% for Loss of Collection
115
$ 11,515
Section 3. 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
Three.
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 Three 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.
Section S. That this ordinance shall be in full force and effect from
and after its passage and approval as provided by law.
s/ Richard L. Verbic
Richard er ic, Mayor
Presented: September 12 1979
Passed: September 1�, 1979
Vote: Yeas 7 Nays 0
Recorded:
Published:
Attest:
s/ Marie Yearman
Marie Yearman, City Clerk