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HomeMy WebLinkAboutOrd 5648 09/04/2007 ORDINANCE NO. 5648 AN ORDINANCE AMENDING APPENDIX A - DIVISION II OF THE VILLAGE CODE OF MOUNT PROSPECT PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES THE 4th DAY OF SEPTEMBER 2007 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 5th day of September 2007 ORDINANCE NO. 5648 AN ORDINANCE AMENDING APPENDIX A - DIVISION II OF THE VILLAGE CODE OF MOUNT PROSPECT BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT COOK COUNTY ILLINOIS ACTING IN THE EXERCISE OF THEIR HOME RULE POWERS: SECTION ONE: Section 8.1102, entitled "Imposition of Tax", of Appendix A, Division II of the Village Code of the Village of Mount Prospect shall be amended by deleting in its entirety the current section 8.1102 and inserting in lieu thereof a new Section 8.1102 "Tax Imposed" to be read as follows: Section 8.1102: IMPOSITION OF TAX: 1/1/04 through 12/31/07 0.75% of gross receipts of tangible personal property 1.00% of gross receipts of tangible personal property 01/01/08 and thereafter SECTION TWO: That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYES: Corcoran, Juracek, Kom, Lohrstorfer NAYS: Hoefert ABSENT: Zadel PASSED and APPROVED this 4th day of September, 2007. ~ r ~:/h , Irvana K. Wilks Mayor ATTEST: -ftldA~t&jl M. Lisa Angell, Village C rk