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HomeMy WebLinkAboutOrd 4878 07/15/1997 ORDINANCE NO. 4878 AN ORDINANCE AMENDING ARTICLE IX ENTITLED "FOOD AND BEVERAGE TAX~ OF CHAPTER 8 OF THE VILLAGE CODE OF MOUNT PROSPECT, ILLINOIS Passed and approved by the President and Board of Trustees the 15th day of July, 1997 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 15th dayof July , 1997. ORDINANCe. NO. 4878 AN ORDINANCE TO AMEND ARTICLE IX ENTITLED '*FOOD AND BEVERAGE TAX' OF CHAFFER 8 OF THE VILLAGE CODE OF MOUNT PROSPECT, ILLINOIS WHEREAS, the corporate authorities of the Village of Mount Prospect, Itlinois deemed that it is in the best interests of the Village to impose a food and beverage tax; and WHEREAS, the corporate authorities of the Village of Mount Prospect have determined that, in order to resurface or reconstruct streets within the corporate limits of the Village, the food and beverage tax should be increased. Be It Ordained By the President and Board of Trustees of the Village of Mount Prospect, Cook County, Illinois: SECTION ONE: Article 1X entitled "Food and Beverage Tax" of Chapter 8 of the Village Code of Mount Prospect, Illinois, is hereby amended by replacing Section 8.902 to read as follows: Section 8.902 ImPosition of Tax Effective as of October 1, 1997, and continuing through September 30, 2006, a tax, in addition to any and all other taxes, is imposed upon the purchase of prepared foods and alcoholic liquor at retail at any prepared food facility or alcoholic liquor facility within the Village, at the rate of one percent (1%) of the purchase price of such prepared food and alcoholic liquor, the ultimate incidence of and liability for payment of which shall be borne by the purchaser thereof. Effective as of and commencing on October 1, 2006i and continuing until the further order of the Board of Trustees, a tax, in addition to any and all other taxes, is imposed upon the purchase of prepared foods and alcoholic liquor at retail at any prepared food facility or alcoholic liquor facility within the Village, at the rate of three-fourths of one percent (0.75%) of the purchase price of such prepared food and alcoholic liquor, the ultimate incidence of and liability for payment of which shall be borne by the purchaser thereof. ECTION TWO: That the effective date of this Ordinance shall be October 1, 1997. SECTION THREE: This ordinance shall be in full force and effect upon its passage, approval, and publication in pamphlet form in accordance with law. PASSED and APPROVED this 15th day of duly ,1997. Corcoran, Lohrstorfer, Nocchi, Wilks NAYS: Clowes ABSEBYr: Hoefert ATTEST: Village Clerk