T5-86 Ordinance No. T5-86
AN ORDINANCE
FOR THE LEVY AND ASSESSMENT OF TAXES FOR THE FISCAL YEAR ENDING
DECEMBER 31, 1986 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
1986, the total sum of $27,788 for the following purposes:
Estimated
Receipts
From Sources To Be
1986 Other Than Raised By
Appropriation Taxation Taxation
Debt Services-repayment of loan
from City of Elgin for the con-
struction of parking facility $142,095 $114,585 $ 27,510
Total Appropriation $142,095
Total Revenues From Sources
Other Than Taxation $114,585
Amount To Be Raised By Taxation $ 27,510
Add: I% For Loss of Collection 278
Total Amount To Be Raised By
Taxation For Special Service
Area Number Two Purposes $ 27,788
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.
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Section 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: August 25, 1986
Adopted: August 25 , 1986
Vote: Yeas 7 Nays 0
Recorded:
Attest:
s/ Marie Yearman
Marie Yearman, City Clerk
Memorandum
November 4 , 1986
To: Dan Blondin
From: Marie Yearman
In accordance with our conversation today, I attach hereto
certified copy of Ordinance T6-86 allocating the cost
of certain water system improvements to benefitted properties,
which is to be recorded in Cook County.
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