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T13-79W r Ordinance No. T13 -79 AN ORDINANCE ABATING A PORTION OF THE 1979 TAX LEVIED FOR SPECIAL SERVICE AREA NUMBER TWO WHEREAS, on September 12, 1979 an ordinance was passed by the corporate authorities of the City of Elgin as the governing body of Elgin Special Service Area Number Two levying taxes for special services in said special service area; and WHEREAS, the total of the levy of the tax for the year 1979 provided in the ordinance is not necessary to pay expenditures incurred during 1979 because of revenues anticipated to be received from the Personal Property Tax Replacement Fund. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS: Section 1. That the County Clerk of Kane County is hereby authorized and directed to abate the tax levied for 1979 for Elgin Special Service Area Number Two passed on September 12, 1979, a copy of which has been filed with said County Clerk; said tax shall be abated by reducing the levy of $99,192 by the sum of $17,172 and extending a tax in the amount of $82,020 against all taxable property situated in Elgin Special Service Area Number Two. Section 2. That the City Clerk is authorized and directed to file a certified copy of this ordinance with the County Clerk of Kane County prior to December 31, 1979. Section 3. That this ordinance shall be in full force and effect from and after its passage and approval in the manner provided by law. s/ Richard L. Verbic Richard L. Verbic, Mayor Presented: December 26, 1979 Passed: December 26, 1979 Vote: Yeas 7 Nays 0 Recorded: Published: Attest: s/ Nancy L. Johnson Nancy L. Johnson, cting ity i7er