T12-92 r
Low Ordinance No. T12-92
AN ORDINANCE
FOR THE LEVY AND ASSESSMENT OF TAXES FOR THE FISCAL
YEAR ENDING DECEMBER 31, 1992 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 enti-
tled "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, act-
ing 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 Ser-
vice Area Number Two, subject to taxation for the year 1992, the
sum total of $37,035 for the following purposes.
Estimated
Receipts
From Sources To Be
1991 Other Than Raised By
Appropriation Taxation Taxation
Debt Services - repayment of
loan from City of Elgin for
the construction of parking
facility $60,000 $60,000 $36, 665
Total Appropriation $60,000
Total Revenues from Sources
Other Than Taxation $23, 335
Amount To Be Raised By Taxation $36,665
Add: 1% for Loss of Collection 370
Total Amount To Be Raised By
Taxation for Special Service
Area Number Two Purposes $37,035
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 Public Act 78-901 and
to an ordinance establishing City of Elgin Special Service Area
Number Two.
s
L 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.
GeorjVanDeVoorde, Mayor
Presented: December 16, 1992
Passed: December 16 , 1992
Vote: Yeas 7 Nays 0
Recorded: December 17, 1992
Published:
Attest:
L.- --(4, /, vL Q.,,, M X c.u ,--. -
Dolonna Mecum, City Clerk