T2-83 (164 Ordinance No. T2-83
AN ORDINANCE
FOR THE LEVY AND ASSESSMENT OF TAXES FOR THE FISCAL YEAR ENDING
DECEMBER 31, 1983 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 1983, the total sum of $151,515 for the following
purposes:
Estimated
Receipts
From Sources To Be
1983 Other Than Raised By
Appropriation Taxation Taxation
Debt Services-repayment of loan
from City of Elgin for the con-
struction of parking facility $264,170 $114,170 $150,000
Total Appropriation $264,170
Total Revenues From Sources
Other Than Taxation $114,170
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 Clerk of the County of Kane on or before the time required
by 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.
Richard L. Verbic, Mayor
Presented:
Passed:
Vote: Yeas Nays
Recorded:
Published:
Attest:
Marie Yearman, City Clerk
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