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HomeMy WebLinkAboutOrd 5601 12/19/2006 ORDINANCE NO. 5601 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 1,2006 AND ENDING DECEMBER 31,2006 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the 19Urlayof December ,2006 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois the 20ttlayof December ,2006. ORDINANCE NO. 5601 AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF T AXES FOR THE MUNICIPAL PURPOSES OF SrECIAL SERVICE AREA NUMBER FIVE OF THE VILLAGE OF MOUNT PROSfECT FOR THE FISCAL YEAR BEGINNING JANUARY 1,2006 AND ENDING DECEMBER 31,2006 NOW THEREFORE, BE IT ORDAINED BY THE President and Board of Trustees ofthe Village of Mount Prospect, Cook County, Illinois, Acting in the Exercise of Their Home Rule Powers: 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 1,2006, and ending December 31, 2006, 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 2006. The budgetary appropriations having been made heretofore by the President and Board of Trustees of the Village of Mount Prospect were passed and approved by Ordinance No. 5528 at a meeting hereof regularly convened and held in said Village of Mount Prospect, Illinois on the 20th day of December, 2005, and as amended by Ordinance No. 5553 passed and approved on the 22nd day of March, 2006, 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 ofthe 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: Corcoran, Hoefert, Korn, Lohrs torfer, Skowron, Zade 1 NAYS: None ABSENT: None PASSED and APPROVED this 19th day of December , 2006 ~~ d;~ ItVana K. Wilks Mayor ATTEST: ~.~~jJ M. Isa Angell :: Village Clerk 2