HomeMy WebLinkAboutOrd 6629 06/07/2022 To abate a part of the taxes levied for corporate and municipal purposes of the Village of Mount Prospect, Illinois for the fiscal year beginning January 1, 2021 and ending December 31, 2021ORDINANCE NO. 6629
AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR
CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF
MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2021 AND ENDING DECEMBER 31, 2021
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the 7th day of June 12022
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois,
the 8 day of June , 2022,
ORDINANCE NO. 6629
AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR
CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF
MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2021 AND ENDING DECEMBER 31, 2021
BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE
OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
Section I.: The President and Board of Trustees of the Village of Mount Prospect find as follows:
A. That pursuant to Village Ordinance No. 6594 adopted December 7, 2021
authorizing the issuance of general obligation bonds series 2022 for financing the
construction of various water and sewer projects throughout the village there was
levied for the year 2021 the sum of $517,810.14 for bond principal and interest
payments.
Section 2: It is hereby declared by the President and Board of Trustees of the Village of Mount
Prospect that the amount of $517,810.14 levied for G.O. Bond series 2022 interest and principal
payments for the purpose of funding the construction of various water and sewer projects
throughout the village pursuant to Ordinance No. 6594 be and the same is hereby abated in the
amount of $517,810.14 being the entire amount levied for such bond interest payment purposes
for the fiscal year commencing January 1, 2021 and ending December 31, 2021.
Section 3: Village Ordinance Nos. 6594 is hereby amended with respect to the tax abatements
declared herein and set forth in Sections Two of this Ordinance.
Section.l l_: The Village Clerk of the Village of Mount Prospect is hereby authorized and directed
to file a certified copy of this Ordinance with the County Clerk of Cook County, Illinois within the
time specified by law.
Section 12: This Ordinance shall be in full force and effect upon its passage, approval and
publication in pamphlet form and filing as provided by law.
AYES: Filippone, Gens, Matuszak, Rogers, Saccotelli, Zadel
NAYS: None
ABSENT: None
PASSED and APPROVED this 7th day of June 2022.
Karert Agoranos, Vil �ageClerk