HomeMy WebLinkAboutOrd 4876 07/15/1997 ORDINANCE NO. 4876
AN ORDINANCE AMENDING ARTICLE XVI ENTITLED
"UTILITY TAX" OF CHAPTER 8 OF THE VILLAGE CODE
OF MOUNT PROSPECT, ILLINOIS
Passed and approved by
the President and Board of Trustees
the 15th dayof July , 1997
Published in pamphlet form by
authority of the corporate
authorities of the Village of
Mount Prospect, Illinois, the
15th day of July , 1997.
BC/SM/caf
7/15/97
ORDINANCE NO. 4876
AN ORDINANCE AMENDING ARTICLE XVI ENTITLED "UTILITY TAX"
OF CHAPTER 8 OF THE VILLAGE CODE OF MOUNT PROSPECT
WHEREAS, Section 65 ILCS 5/8-11-2 of the Illinois Compiled Statutes authorizes
municipalities to impose a tax on certain occupations and privileges within the corporate
limits of the municipality; and
WHEREAS, the corporate authorities of the Village of Mount Prospect, Illinois deemed
that it is in the best interests of the Village to impose such a utility tax; and
WHEREAS, the corporate authorities of the Village of Mount Prospect have determined
that, in order to provide funds to resurface or reconstruct streets with the corporate limits
of the Village, the utility tax should be increased.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION ONE: That Section 8.1601 entitled "Utility Tax" of Chapter 8 (Village
Government Miscellaneous Provisions) of the Village Code of Mount Prospect, as
amended, is hereby further amended in its entirety by deleting said Section 8.1601 and
substituting therefor the following; so that hereafter said Section 8.1801 shall be and read
as follows:
" 8,1601. Tax Imposed.
A. Effective for all bills issued on or after October 1, 1997 through and including
September 30, 2004, a tax of certain occupations and privileges as
authorized by Illinois Compiled Statutes (65 ILCS-5/8-11-2) at the rate
hereinafter specified is hereby established and levied by the Village of
Mount Prospect on the following occupations or privileges:
1. Persons engaged in the business of distributing, supplying, furnishing
or selling gas for use or consumption within the corporate limits of the
Village of Mount Prospect and not for resale, at a rate of three and two
hundred four thousandths ~ercent (3.204%) of the amount of gross
receipts therefrom.
2. Persons engaged in the business of distributing, supplying, furnishing
or selling electricity for use or consumption within the corporate limits of
the Village of Mount Prospect, and not for resale, at a rate of three and
two hundred four thousandths percent (3.204%) of the amount of gross
receipts therefrom.
B. Effective for all bills issued on or after October 1, 2004 through and
continuing until further order of the Board of Trustees, a tax of certain
occupations and privileges as authorized by Illinois Compiled Statutes (65
ILCS-5/8-11-2) at the rate hereinafter specified is hereby established and
levied by the Village of Mount Prospect on the following occupations or
privileges:
1. Persons engaged in the business of distributing, supplying, furnishing
or selling gas for use or consumption within the corporate limits of the
Village of Mount Prospect and not for resale, at a rate of one and nine
hundred forty-two thousandths percent (1.942%) of the amount of gross
receipts therefrom.
2. Persons engaged in the business of distributing, supplying, furnishing
or selling electricity for use or consumption within the corporate limits of
the Village of Mount Prospect, and not for resale, at a rate of one and
nine hundred forty-two thousandths percent (1.942%) of the amount of
gross receipts therefrom."
SECTION TVVO: That the effective date of this Ordinance shall be October 1, 1997.
SECTION THREE: That this Ordinance shall be in full force and effect after its passage,
approval and publication in pamphlet form in the manner provided by law.
AYES: CIowes, Corcoran, Lohrstorfer, Necchi, Wilks
NAYS: None
ABSENT: Hoefert
PASSED and APPROVED this 15th day of July, 1997.
Gerald L. Fa(ley, ' la~e Pre ~i~dent
ATTEST:
/
Carol A. Fields, Village Clerk