HomeMy WebLinkAboutOrd 6288 12/20/2016 Authorizing the levy and collection of taxes for special service area number fiveORDINANCE NO. 6288
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR
THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA NUMBER FIVE OF
THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2016 AND ENDING DECEMBER 31, 2016
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
The 201h day of December, 2016
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the 21 s' -day of December, 2016.
ORDINANCE NO. 6288
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR
THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA NUMBER FIVE OF
THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2016 AND ENDING DECEMBER 31, 2016
NOW THEREFORE, BE IT ORDAINED BY THE President and Board of Trustees of the
Village of Mount Prospect, Cook County, Illinois:
Section 1: That the sum of One Million Five Hundred Fifteen Thousand Four Hundred
Sixty -Four Dollars ($1,515,464), the same being the total amount to be levied of budget
appropriations heretofore made for the municipal purposes for the fiscal year beginning January
1, 2016, and ending December 31, 2016, 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 2016. The budgetary appropriations having been made by the President and Board
of Trustees of the Village of Mount Prospect were passed and approved by Ordinance No. 6229
at a meeting hereof regularly convened and held in said Village of Mount Prospect, Illinois, on
the 15th day of December, 2015, and amended by Ordinance No. 6243 passed and approved on
the 19th day of April, 2016, 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 Budgeted," and the specific amount herein levied for each object and
purpose is set forth under the column entitled "Amount Levied" in Article 1.
Section 2: That the County Clerk is directed to add 2% to the requested tax levy as a provision
for loss and cost.
Section 3: 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 4: That, if any part 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.
1
Section 5: 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: Hoefert, Matuszak, Polit, Rogers, Saccotelli, Zadel
NAYS: None
ABSENT: None
PASSED and APPROVED this 201h day of _December, 2016
ATTEST:
//,,kta
Karen Agoranos, eputy Village Clerk
2
ne A. Juracek, Mayor
ARTICLE I - SPECIAL SERVICE AREA NO. 5
050 Lake Water Acquisition
570.001 SSA #5 JAWA Water
570.004 SSA #5 JAWA Fixed Costs
TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO. 5
LAKE WATER ACQUISITION
AMOUNT TO BE RAISED BY TAX LEVY
ADD 2% FOR LOSS AND COST OF COLLECTION
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
SPECIAL SERVICE AREA NO. 5
Article
I - Special Service Area No. 5
SUMMARY
Amount Amount to
Budgeted be Levied
6,378,000 1,515,464
Amount Amount
Budgeted Levied
5,165,000 1,197, 822
1,213,000 317,642
6.378.000
1,515,464
30.309
1.545.773
Amount for Total Tax
Loss & Cost Levy
30,309 1,545,773