HomeMy WebLinkAboutOrd 5670 12/18/2007
ORDINANCE NO. 5670
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 1,2007 AND ENDING
DECEMBER 31,2007
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the 18th day of December ,2007
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the 19thday of December, 2007.
ORDINANCE NO. 5670
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, 2007 AND ENDING
DECEMBER 31,2007
NOW THEREFORE, BE IT ORDAINED BY THE President and Board of Trustees of the Village
of Mount Prospect, Cook County, Illinois:
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, 2007, and
ending December 31, 2007, 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 ofthe 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 2007. 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. 5599 at a meeting hereof
regularly convened and held in said Village of Mount Prospect, Illinois on the 19th day of December,
2006, and as amended by Ordinance No. 5622 passed and approved on the 18th day of April, 2007,
and further amended by Ordinance No. 5662 passed and approved on the 20th day of November,
2007 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 of the 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.
I
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, Juracek, Korn, Lohrstorfer, Zadel
NAYS:
None
ABSENT:
Hoefert
PASSED and APPROVED this 18th day of December
,2007
~ fh ttlJ4
Irvana K. Wilks
Mayor
ATTEST:
Y7?~rd,ff qJ
M. r: s Angell
Village Clerk
H:\CLKO\files\WIN\ORDINANC\Levy Ordinance - Special Service Area 5 - 2007.doc
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ARTICLE 1 - SPECIAL SERVICE AREA NO.5
610 Lake Water Acquisition
6105512-540800
6105512-540815
SSA #5 JAWA Water
SSA #5 JAW A Fixed Costs
TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO.5
LAKE WATER ACQUISITION
AMOUNT TO BE RAISED BY TAX LEVY
ADD 2% FOR LOSS AND COST OF COLLECTION
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
SPECIAL SERVICE AREA NO.5
SUMMARY
Article
Special Service Area NO.5
Amount
Budqeted
3,565,000
Amount to
be Levied
1,515,464
Amount
Budgeted
2,448,000
1,117,000
3,565,000
Amount for
Loss & Cost
30,309
Amount
Levied
398,464
1 ,117 , 000
1,515,464
30,309
1,545,773
Total Tax
Levy
1,545,773