HomeMy WebLinkAboutOrd 1080 09/07/1965
ORD INANCE NO. / ~ ! 0
AN ORDINANCE PROVIDING FOR THE LEVY OF AN ADDITIONAL
TAX FOR STREET AND BRIDGE PURPOSES FOR THE FISCAL
YEAR COMMENCING MAY 1, 1965 AND ENDING APRIL 30, 1966
FOR THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS
WHEREAS, pursuant to the Illinois Revised Statutes, Division 81
of Chapter 24, a village is empowered to levy an annual street and bridge
tax of not more than .06 percent of the full fair cash value of taxable
property in said village, as equalized or assessed by the Department of
Revenue subject to other provisions of the Illinois law, and
WHEREAS, a village may, by three-fourths vote of the members
elected to the Board of Trustees, levy an additional tax for street and
bridge purposes at the rate of not to exceed .04166 percent of the full
fair cash value of taxable property within said village, as equalized or
assessed by the Department of Revenue, and
WHEREAS, additional funds are required for street and bridge
purposes in order to properly maintain same,
NOW, THEREFORE, BE IT ORDAINED by the President and Board of
Trustees of the Village of Mount Prospect, Cook County, Illinois:
Section. .1. That an additional tax of .04166 percent of the
full fair cash value, as equalized or assessed by the Department of Revenue,
of all taxable property within the Village of Mount Prospect, Cook County,
Illinois, be levied for the fiscal year May 1, 1965 and ending April 30,
1966, for street and bridge purposes; said tax to be in addition to a tax
levy at the rate of .06 percent of the full fair cash value of the property
in said Village.
Section 2. Thdt said street and bridge tax be in addition to
taxes levied for general corporate purposes.
Section 3. That this ordinance shall be in full force and effect
from and after its passage and approval according to law.
Section 4. That the Village Clerk shall file a certified copy of
this ordinance with the County Clerk of Cook County, Illinois, along with
the tax levy ordinance of the Village of Mount Prospect for the fiscal year
commencing May 1, 1965 and ending April 30, 1966.
PASSED THIS 7..,4 day of S'.e /0 r 1965.
Vote: Ayes: Ie
Nays: 0
Absent: 0
APPROVED THIS
7 T4. day of
~ub
FILED in my office this 10 day of
j~
, 1965.
County Clerk of Cook County, Illinois