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HomeMy WebLinkAboutT24-13 Ordinance No. T24-13 AN ORDINANCE FOR THE LEVY AND ASSESSMENT 03OIN AND FORTHE CITY OF YEAR ENDING DE 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 the 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 2013, the sum total of$124,000 for the following purposes. Estimated Receipts From Sources To Be 2014 Other Than Raised By Appropriation Taxation Taxation Debt Services—for operations and maintenance of parking $255,410 $132,638 $122.772 facility Total appropriation $255,410 Total revenues from sources $132,638 other than Taxation $122,772 Amount to be raised by taxation 1,228 Add: 1% for loss of collection Total amount to be raised by taxation for $124,000 Special Service Area Number Two purposes Section 3. The tax levied herein is pursuant to the provision of Article VII, Section 6A and 6L of the Constitution of the State of Illinois and pursuant to 35 ILCS 200/27-5 et. seq., as amended, 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 Clerk of the County of Kane on or before the time required by the law a certified copy of this ordinance. Section 5. That this ordinance shall be in full force and effect from and after its passage and approval as provided by law. David J. Ka in, yor Presented: December 18, 2013 Passed: December 18, 2013 Vote: Yeas: 9 Nays: 0 Recorded: December 18, 2013 Published: December 19, 2013 v Attest: Kimberly Dewis, C ty Clerk - 2 -