T16-96 e
Ordinance No. T16-96
AN ORDINANCE
FOR THE LEVY AND ASSESSMENT OF TAXES FOR THE FISCAL
YEAR ENDING DECEMBER 31, 1996 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, 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 1996, the sum
eft total of $45,033 for the following purposes .
Estimated
Receipts
From Sources To Be
1996 Other Than Raised By
Appropriation Taxation Taxation
Debt Services - repayment of
loan from City of Elgin for
the construction of parking
facility $68, 305 $23,718 $44,587
Total Appropriation $68, 305
Total Revenues from Sources
Other Than Taxation $23,718
Amount To Be Raised By Taxation $44,587
Add: 1% for Loss of Collection 446
Total Amount To Be Raised By
Taxation for Special Service
Area Number Two Purposes $45,033
Section 3 . The tax levied herein is pursuant to the provi-
sion of Article VII, Section 6A and 6L of the Constitu-tion 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.
Kevin Kelly, MaVr
Presented: November 6, 1996
Passed: November 6 , 1996
Vote: Yeas 7 Nays 0
Recorded: November 7, 1996
Published:
Attest:
Dolonna Mecum, City Clerk