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HomeMy WebLinkAboutOrd 4643 05/03/1994 ORDINANCE NO. 4643 AN ORDINANCE AMENDING ARTICLE XVI ENTITLED "UTILITY TAX" CHAPTER 8 OF THE VILLAGE CODE OF MOUNT PROSPECT, ILLINOIS PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the 3rd day of May , 1994 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 3rd day of May , 1994. DJ/caf 4/27/94 ORDINANCE NO. 4643 AN ORDINANCE AMENDING ARTICLE XVl ENTITLED "UTILITY TAX" CHAPTER 8 OF THE VILLAGE CODE OF MOUNT PROSPECT, ILLINOIR 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 'q'ax Imposed" of Article XVl of Chapter 8 of the Village Code, as amended, is hereby amended in its entirety; so that hereinafter said Section 8.1601 shall be and read as follows: " Sec. 8.1601. Tax Imposed. A. Effective as of and commencing March 1, 1994, 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 Two percent (2%) of the 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 Two percent (2%) of the gross receipts therefrom. B. Effective for all bills issued on or after June 1, 1994, 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 One Thousandth percent (1.942%) of the 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 One Thousandth percent (1.942%) of the gross receipts therefrom." SECTION TVVO: That Section 8.1604 entitled "Definitions" of Chapter 8 of the Village Code, as amended, is hereby amended by deleting the definition of "Gross Receipts" and Utility Tax Amendment Page 2 of 2 substituting therefor the following; so that hereinafter the definition of "Gross Receipts" in Section 8.1604 shall be and read as follows: " Gross Receipts The consideration received for distributing, supplying, furnishing or selling gas or electricity for use or consumption and not for resale, and for all services rendered in connection therewith valued in money, whether received in money or otherwise including cash, credit, services, and property of every kind and matedal and for all services rendered therewith; and shall be determined without any deduction on account of the cost of the service, product or commodity supplied, the cost of materials used, labor or service cost, or any other expenses whatsoever. The term 'gross receipts' shall not include any charges added to customers' bills pursuant to the provisions of Sections 9-221 or 9-222 of the Illinois Public Utilities Act or any other separately stated charge added to customers' bills in respect of any tax or other governmental imposition." SECTION THREE: 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 laws. AYES: Clowes, Corcoran, Hoefert, Skowron, Wilks NAYS: None ABSENT: Hendricks PASSED and APPROVED this 3rd day of May ,1994. Gerald L. Farley Village President ATTEST: Carol A. Fields Village Clerk