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HomeMy WebLinkAboutT6-82 • • Ordinance No. T6-82 AN ORDINANCE FOR THE LEVY AND ASSESSMENT OF TAXES FOR THE FISCAL YEAR ENDING DECEMBER 31, 1982 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 corporate 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 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 1982, the total sum of $151 ,515 for the following purposes: Estimated Receipts From Sources To Be 1982 Other Than Raised By Appropriation Taxation Taxation rDebt Services-repayment of loan from City of Elgin for the con- struction of parking facility $441,910 $291 ,910 $150,000 Total Appropriation $441 ,910 Total Revenues from Sources Other Than Taxation $291,910 Amount to be raised by Taxation $150,000 Add: 1% for Loss of Collection 1,515 Total Amount to be Raised by Taxation for Special Service Area Number Two Purposes $151 ,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 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 Cerk of the County of Kane on or before the time required by law a certified copy of this ordinance. ' action 5. 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 L. Verbic, Mayor Presented: September 8, 1982 Passed: September 8, 1982 Vote: Yeas 7 Nays 0 Recorded: Published: Attest: s/ Marie Yearman Marie Yearman, City Clerk r r