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HomeMy WebLinkAboutT4-89 Ordinance No. T4-89 AN ORDINANCE FOR THE LEVY AND ASSESSMENT OF TAXES FOR THE FISCAL YEAR ENDING DECEMBER 31, 1989 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 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 1989, the total sum of $32,081 for the following purposes. Estimated Receipts From Sources To Be 1989 Other Than Raised By Appropriation Taxation Taxation Debt Services - repayment of loan from City of Elgin for the construction of parking facility $59,940 $28,180 $31,760 Total Appropriation $59,940 Total Revenues from Sources Other Than Taxation $28,180 Amount To Be Raised By Taxation $31,760 Add: 1% for Loss of Collection 321 Total Amount To Be Raised By Taxation For Special Service Area Number Two Purposes $32,081 Section 3 . The tax levied herein is pursuant to the provisions of Article VII , Section 6A and 6L of the Constitu- tion 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 SECTION 2. This ordinance shall be in full force and effect from and after its passage and approval according to law. SECTION 3 . That the City Clerk be and she is hereby directed to file with the County Clerk of Kane County and the County Clerk of Cook County a certified copy of this ordinance. Introduced to the City Council of the City of Elgin, Illinois this 21st of November , 1989. s/ George VanDeVoorde George Van De Voorde, Mayor Presented: November 21 , 1989 Adopted: November 21 , 1989 Vote: Yeas 7 Nays p Recorded: Attest: s/ Nancy Roll Nancy Roll, Deputy Clerk L