Loading...
HomeMy WebLinkAboutOrd 6045 12/18/2012 Abate a Part of the Taxes Levied for Corporate and Municipal Purposes for Fiscal Year 2012ORDINANCE NO. 6045 AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2012 AND ENDING DECEMBER 31, 2012 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the 18th day of December, 2012 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 19th day of December, 2012. ORDINANCE NO. 6045 AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2012 AND ENDING DECEMBER 31, 2012 BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: Section One The President and Board of Trustees of the Village of Mount Prospect find as follows: A. That pursuant to Village Ordinance No. 5772 adopted December 1, 2009 authorizing the issuance of general obligation bonds for financing a portion of the costs of constructing a replacement fire station, emergency operations center and public works expansion there was levied for the year 2012 the sum of $135,022.50 for bond interest payments. Section Two It is hereby declared by the President and Board of Trustees of the Village of Mount Prospect that the amount of $135,022.50 levied for G.O. Bond Interest payments for the purpose of funding a portion of the costs of constructing a replacement fire station, emergency operations center and public works expansion pursuant to Ordinance No. 5772 be and the same is hereby abated in the amount of $47,257.88 leaving a balance of $87,764.62 as that amount levied for such bond and interest payments for the fiscal year commencing January 1, 2012 and ending December 31, 2012. Section Three Village Ordinance No. 5772 is hereby amended with respect to the tax abatements declared herein and set forth in Section Two of this Ordinance. Section Four The Village Clerk of the Village of Mount Prospect is hereby authorized and directed to file a certified copy of this Ordinance with the County Clerk of Cook County, Illinois within the time specified by law: Section Five This Ordinance shall be in full force and effect upon its passage, approval and publication in pamphlet form and filing as provided by law. AYES: Hoefert, Juracek, Korn, Polit, Zadel NAYS: None ABSENT: Matuszak PASSED and APPROVED this 18th day of December, 2012. 2