HomeMy WebLinkAboutOrd 4612 12/21/1993 ORDINANCE NO. 4612
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF
TAXES FOR THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA
NUMBER ONE, SPECIAL SERVICE AREA NUMBER TWO, SPECIAL
SERVICE AREA NUMBER FIVE, AND SPECIAL SERVICE AREA NUMBER
SLX OF THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR
BEGINNING MAY 1, 1993 AND ENDING APRIL 30, 1994
PASSED AND APPROVED BY
TIlE PRESIDENT AND BOARD OF TRUSTEES
the 21st day of December, 1993
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the 21st day of December, 1993.
ORDINANCE NO. 4612
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF
TAXES FOR THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA
NUMBER ONE, SPECIAL SERVICE AREA 'NIJMBER TWO, SPECIAL
SERVICE AREA NUMBER FIVE, AND SPECIAL SERVICE AREA NUMBER
SIX OF THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR
BEGINNING MAY 1, 1993 AND ENDING APRIL 30, 1994
NOW THEREFORE, BE 1T ORDAINED BY THE President and Board of Trustees of the
Village of Mount Prospect, Cook County, Illinois:
Section 1: That the sum of Twelve Thousand Dollars ($12,000), the same being the total
amount to be levied of budget appropriations heretofore made for the municipal purposes for the
fiscal year beginning May 1, 1993, and ending April 30, 1994, as approved by the President and
Board of Trustees of the Village of Mount Prospect, be and the same is hereby levied of all
taxable property within the Special Service Area No. 1 of the Village of Mount Prospect
according to the valuation of said property as is, or shall be assessed or equalized by State and
County purposes for the current year 1993. The budgetary appropriations having been made
heretofore by the President and Board of Trustees of the Village of Mount Prospect were passed
and approved by Ordinance No. 4538 at a meeting hereof regularly convened and held in said
Village of Mount Prospect, Illinois, on the 21st day of April, 1993, and thereafter duly
published according to law, the various objects and purposes for said budgetary appropriations
were heretofore made are set forth under the column entitled "Amount Appropriated," and the
specific amount herein levied for each object and purpose is set forth under the column "Amount
Levied" in Article I.
Section 2: That the sum of Ten Thousand Dollars ($10,000), the same being the total amount
to be levied of budget appropriations heretofore made for the municipal purposes for the fiscal
year beginning May 1, 1993, and ending April 30, 1994, as approved by the President and
Board of Trustees of the Village of Mount Prospect, be and the same is hereby levied on all
taxable property within the Special Service Area No. 2 of the Village of Mount Prospect
according to the valuation of said property as is, or shall be, assessed or equalized by State and
County purposes for the current year 1993. The budgetary appropriations having been made
heretofore by the President and Board of Trustees of the Village of Mount Prospect were passed
and approved by Ordinance No. 4538 at a meeting hereof regularly convened and held in said
Village of Mount Prospect, Illinois, on the 21st day of April, 1993 and thereafter duly published
according to law, the various objects and purposes for said budgetary appropriations were
heretofore made are set forth under the column entitled "Amount Appropriated," and the specific
amount herein levied for each object and purpose is set forth under the column entitled "Amount
Levied" in Article H.
Section 3: That the sum of One Million Three Hundred Ninety Thousand Dollars
($1,390,000), the same being the total amount to be levied of budget appropriations heretofore
made for the municipal purposes for the rise,al year beginning May 1, 1993, and ending April
30, 1994, as approved by the President and Board of Trustees of the Village of Mount Prospect,
be and the same is hereby levied on all taxable property within the Special Service Area
Number 5 of the Village of Mount Prospect according to the valuation of said property as is,
or shall be, assessed or equalized by State and County purposes for the current year 1993. The
budgetary appropriations having been made heretofore by the President and Board of Trustees
of the Village of Mount Prospect were passed and approved by Ordinance No. 4538 at a meeting
hereof regularly convened and held in said Village of Mount Prospect, Illinois on the 21st day
of April, 1993, and thereafter duly published according to law, the various objects and purposes
for said budgetary appropriations were heretofore made are set forth under the column entitled
"Amount Appropriated," and the specific amount herein levied for each object and purpose is
set foxth under the column entitled "Amount Levied" in Article III.
Section 4: That the sum of Thirty Five Thousand Dollars ($35,000), the same being the total
amount to be levied of budget appropriations heretofore made for the municipal purposes for the
fiscal year beginning May 1, 1993, and ending April 30, 1994, as approved by the President and
Board of Trustees of the Village of Mount Prospect, be and the same is hereby levied on all
taxable propemy within the Special Service Area Number 6 of the Village of Mount Prospect
according to the valuation of said property as is, or shall be, assessed or equalized by State and
County purposes for the current year 1993. The budgetary appropriations having been made
heretofore by the President and Board of Trustees of the Village of Mount Prospect were passed
and approved by Ordinance No. 4538 at a meeting hereof regularly convened and held in said
Village of Mount Prospect, Illinffas on the 21st day of April, 1993, and thereafter duly published
according to law, the various objects and purposes for said budgetary appropriations were
heretofore made are set forth under the column entitled "Amount Appropriated," and the specific
amount herein levied for each object and purpose is set forth under the column entitled "Amount
Levied" in Article IV.
2
Amount Amount
Aopropriated Levied
091 Special Service Area No. 1 Bonds & Interest
9561 Principal $ 15,000 $ 12,000
9562 Interest 7,490
TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO. 1
BONDS & INTEREST $ 22.4~0
AMOUNT TO BE RAISED BY TAX LEVY (1) $ 12,000
ADD 5% FOR LOSS & COST OF COLLECTION 600
TOTAL AMOUNT TO BE RAISED BY TAX LEVY
FOR SPECIAL SERVICE AREA NO. 1 $ 12,600
(1) Amount to be raised by tax levy has been reduced by
an abatement to bo filed of $10,440.
ARTICLE II - SPECIAL SERVICE AREA NO. 2
091 Special Service Area No. 2 Bonds & Interest
9563 Principal $ 25,000 $ 10,000
9564 Interest 3.990
TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO. 2
BONDS & INTEREST $28.990
AMOUNT TO BE RAISED BY TAX LEVY (2) $ 10,000
ADD 5% FOR LOSS & COST OF COLLECTION 500
TOTAL AMOUNT TO BE RAISED BY TAX LEVY
FOR SPECIAL SERVICE AREA NO. 2 $ 10,500
(2) Amount to be raised by tax levy has been reduced by
an abatement to be filed of $22,175.
Amount ~ Amount
AvDroDriated Levied
ARTICLE I]I -SPECIAL SERVICE AREA NO. 5
072 Lake Water Aeauisition
6704 SSA #5 JAWA O/M Costs $ 185,000 $ 115,000
6705 SSA #5 JAWA Fixed Costs 1,275,000 1,275,000
TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO. 5
LAKE WATER ACQUISITION $1.460.000
AMOUNT TO BE RAISED BY TAX LEVY $ 1,390,000
ADD 3% FOR LOSS & COST OF COLLECTION 41,700
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
SPECIAL SERVICE AREA NO. 5 $1.431.700
ARTICLE IV - SPECIAL SERVICE AREA NO. 6
091 Special Service Area No. 6 Bonds & Interest
9572 SSA//6 Principal $ 15,000 $ 15,000
9573 SSA//6 Interest 22,980 20,000
TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO. 6
BONDS & INTEREST $ 37,980
AMOUNT TO BE RAISED BY TAX LEVY (3) $ 35,000
ADD 5% FOR LOSS & COST OF COLLECTION 1,750
TOTAL AMOUNT TO BE RAISED BY TAX LEVY
FOR SPECIAL SERVICE AREA NO. 6 $ 36.750
(3) Amount to be raised by tax levy has been reduced by an
abatement to be filed of $1,975.
~-~
SUMMARY
Amount Amount Total Tax Levy
Amount To Be Raised For Loss Including
ARTICLE Approvriatexl Bv Tax Levy_ And Cost Loss & Costs
I Special Service Area No.1 (1) $ 22,490 $ 12,000 $ 600 $ 12,600
II Special Service Area No.2 (2) 28,990 10,000 500 10,500
III Special Service Area No.5 1,460,000 1,390,000 41,700 1,431,700
1V Special Service Area No.6 (3) 37,980 35,000 1,750 36,750
(i) Amoum to be raised by tax levy has been reduced by an abatement to be filed of $10,440.
(2) Amount to be raised by tax levy has been reduced by an abatement to be filed of $22,175.
(3) Amount to be raised by tax levy has been reduced by an abatement to be filed of $1,975.
ection 5: That the Village Clerk of the Village of Mount Prospect is hereby directed to certify
a copy of this Ordinance and is hereby authorized and directed to file a copy of the same with
the County Clerk of Cook County, Illinois, within the time specified by law.
Section 6: That, if any part or parts of this Ordinance shall be held to be unconstitutional or
otherwise invalid, such unconstitutionality or invalidity, shall not affect the validity of the
remaining parts of this Ordinance. The President and Board of Trustees of the Village of Mount
Prospect hereby declares that they would have passed the remaining parts of the Ordinance if
they had known that such part or parts thereof would be declared unconstitutional or otherwise
invalid.
Section 7: That this Ordinance shall be in full force and effect from and after its passage,
approval, publication in pamphlet form and recording, as provided by law.
AYES: Corcoran, Hendricks, Hoefert, Skowron, Wilks
NAYS: None
ABSENT: Clowes
PASSED and APPROVED THIS 21st Day of December, 1993
Gerald I~. Farley, ~fl~ge~esident
ATrEST:
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