HomeMy WebLinkAboutOrd 858 08/21/1962
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!L lJrrrC!U\L TAX FOH ~')THI;.T Aim HH IDGL rmll"CSL:3
b FISCAL Yl:..AH EnCI1H}~rtAY 1, 1962
,. j G APHIL )0, If)6J VILLAGE
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, pUl'suarJ.t to Chapter 2.4, paragraph 696(a) of'
t.ht: Illinois ::;6v1sed Stat:,ltes, a village 1s empowered to Ie"...r iUl
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annual street and bridge tax of not more than .00 peroent of the
f\.l1l fair oa.sb va1~.le 01' tay,.able property in said village, as
equalized or Il\SEHUH!ed by the :;:'iepal.t!tlent of Hevenue subject to
other provisionfJ ()f the T.l11no1s law, and
, a village Inay, by three...tOlJrths vote of' thtl
t\1.ember8 elected to the 1)08.1"<< of :frustees, ~ vy an additional tax
for street and brldp;e 'pltrnOses at the rate of not to exceed
.OL~160 percent 0:1: the fuli fair cash value or taxaole property
within naid village, as eqva1tzed or a!'lse~~:0d by the ~'epa.rt1"'jent
of ~: avenu.e, and
.Ji ;:Jli.'d~<;-~'~;' add.! tiollal fWl'..is a.re reqt~1rod for s treat; an(,l
i:n:>:1dr.!:e P1\t'}JoBes in order to properly !'1a.1ntain RRr'\e,
:,;~J,.~' .q. ..:-, ,J .!. b;r the President and
:Jmu'd of Trustees of tb.e Vl11al'-!6 of "~Otlnt Prospeot, Cook l.,cnJnt~!',
Tll5.noiH:
::ectlon 1. t; an Q(ldlt:tonal tax of .0416b percent of'
the full f'air CE'u':ih value, as equa.lized or assessed by the ;epart-
T\ient ot"evenua, of a.ll t;axa.ble property within the V1l1agfi' of
lount Prospeo t, Cook "-;OlInty.. Illinois, be levIed tor t:lt:l fisca.l
':re8.t' :~ay 1, 1962 and onding April 30, 1963, for Btreet and brtdf~e
purpof\es; said .tax to ;,H1 in aJ.dit;ion to a tax levy al; the rate 01'
.OG percent of tho fllll fair oash value of the property in 8aid
Vil1f:\[":e.
,i".JCtion 2. T';;:,ut f;aid stI'~et &nd bridge tax 'oe :in ii'.1CI1.-
cion to taXfH) l~~v:ted fel!' genera.l corporate purposes.
(:;ect1on 3. 'J'hat this ordinance shall be in full force
a.n,J efrt){~.t from and at'tol' i ts passa,,~~ and approval aooording to law.
:ectlon 1+. rfLat the 1!1l1A.fe ;l()r'~, shall file a cart-iried
oopy ot this ordinAnce with the county Clerk of Cook COtmty, Illi-
nois, along with the tax levy ordinance o:f the Vl4.lage of' ,MOl.Ult
Prospect :for, the fi!ICal :~tear corm'rlenell1g :~ay 1, 1962 and, ending
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Vot~n
l'A:~S,.d' tbJ.a 02 l ~ day, r..:f
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:F'Il.iJ) in my office this .~ V daJ' of . ltc.l7 1/ ~ 7;' 1962.
_ county (,lark of Cook County, Ill.
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