HomeMy WebLinkAboutOrd 6830 02/03/2026 Amending Chapter 5, "Board And Commissions", Article XVI, "Foreign Fire Insurance Tax Board" Of The Village Code Of Mount ProspectOrdinance No. 6830
AN ORDINANCE AMENDING CHAPTER 5, "BOARD AND
COMMISSIONS", ARTICLE XVI, "FOREIGN FIRE INSURANCE
TAX BOARD" OF THE VILLAGE CODE OF MOUNT PROSPECT
WHEREAS, the Village of Mount Prospect (the "Village") is a home rule
Illinois Municipal Corporation pursuant to Article VII, § 6 of the Illinois
Constitution of 1970; and
WHEREAS, the President and Board of Trustees of the Village of Mount
Prospect desire to make certain amendments to the Village Code of Mount
Prospect (the "Village Code") as set forth below; and
WHEREAS, pursuant to its authority granted under Article VII, § 6 of the Illinois
Constitution, the President and Board of Trustees of the Village of Mount
Prospect find it in the best interest of the Village, the Village residents, and
the public health, safety and welfare to amend the Village Code as set forth
below.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COUNTY OF COOK, STATE
OF ILLINOIS AS FOLLOWS:
SECTION ONE: Article XVI (Foreign Fire Insurance Tax Board) of Chapter 5 (Boards
and Commissions), of the Village Code of Mount Prospect shall be amended to
read as follows:
Article XVI, "FOREIGN FIRE INSURANCE BOARD" of Chapter 5 (Boards
and Commissions) of the Village Code of Mount Prospect
SECTION TWO: Section 5.1600, "Definitions" of the Village Code is hereby repealed
in its entirety and replaced with the following:
5.1600: CREATION AND PURPOSE:
There is hereby established the Mount Prospect Foreign Fire Insurance Board.
The Foreign Fire Insurance Board shall exercise the powers and duties provided
herein consistent with 65 ILCS 5/11-10-1 through 11-10-3 and 11-10-2.5, as
amended.
The purpose of the Foreign Fire Insurance Board is to receive, administer, and
expend foreign fire insurance license fee proceeds solely for the maintenance,
use, and benefit of the Mount Prospect Fire Department, as authorized by
State law.
SECTION THREE: Section 5.1602, "Definitions" of the Village Code is hereby repealed
in its entirety and replaced with the following:
5.1602: DEFINITIONS:
Sworn Member shall mean a member of the Mount Prospect Fire Department
who has taken an oath of office
Department shall mean Mount Prospect Fire Department
Fund shall mean the Foreign Fire Insurance Tax Fund
Board shall mean the Mount Prospect Foreign Fire Insurance Board
SECTION FOUR Section 5.1603, "Organization" of the Village Code is hereby repealed
in its entirety and replaced with the following:
5.1603: ORGANIZATION
A. Membership
The Foreign Fire Insurance Board shall consist of seven (7) trustees, as follows:
1. The Fire Chief, who shall serve by virtue of rank; and
2. Six (6) sworn members of the Mount Prospect Fire Department, who
shall be elected at large by the sworn members of the Department.
If there is an insufficient number of candidates to fill all trustee positions, the
number of trustees may be reduced, but shall not be fewer than three (3)
trustees.
All sworn members of the Department shall be eligible to be elected as trustees
of the Foreign Fire Insurance Board.
B. Officers
The trustees shall annually elect officers from among themselves. Officers shall
include Chairperson, Vice Chairperson, Treasurer, and Secretary
The Foreign Fire Insurance Board may establish additional officer positions as it
deems necessary.
C. Village Liaison: The village finance director, or designee, shall serve as the
village's liaison to the board.
D. Term of Office
Each trustee, except the Fire Chief, shall serve a two (2) year term, and until a
successor assumes office. Initial terms of office shall begin thirty (30) days
following completion of the election.
A trustee shall be automatically removed from the Board upon resignation,
retirement, or discharge from the Department, and the position shall be
deemed vacant.
E. Vacancies
Vacancies on the Foreign Fire Insurance Board shall be filled by election of the
sworn members of the Department for the balance of the unexpired term. Any
person elected to fill a vacancy shall assume office immediately upon
completion of the election.
F. Election Procedures:
1. Temporary Election Procedure
There is hereby established a temporary election committee consisting of five
(5) sworn members of the Department. The Fire Chief shall serve as a member
and as chairperson of the committee. The committee shall be responsible for
organizing, conducting, and supervising the initial election of trustees.
2. Permanent Election Procedure
The Foreign Fire Insurance Board shall adopt procedures governing the
nomination and election of trustees consistent with this Article and State law.
All rules and regulations with respect to the election process shall be posted
throughout the Department a minimum of thirty (30) days prior to an election.
SECTION FIVE: Section 5.1604, "Powers and Duties" of the Village Code is hereby
repealed in its entirety and replaced with the following:
5.1604: POWERS AND DUTIES
The Foreign Fire Insurance Board shall have all powers granted under State law
and shall have the authority to:
A. Make all needful rules and regulations with respect to the governance of the
Mount Prospect Foreign Fire Insurance Board and the management of funds
paid to the Board;
B. Develop and maintain a listing of those items and services that the Board
determines are appropriate expenditures under 65 ILCS 5/11-10-2;
C. Receive, administer, and expend foreign fire insurance license fee proceeds,
which shall be set apart as a separate fund for use by the Board;
D. Approve expenditures solely for the maintenance, use, and benefit of the
Mount Prospect Fire Department, as authorized by State law;
E. Contract for the purchase of goods and services, including accounting, legal,
collection, or other professional services necessary to carry out the Board's
statutory duties;
F. Ensure that all contracts and purchases made by the Board comply with the
Village of Mount Prospect's generally applicable ordinances, rules,
procedures, and procurement policies concerning the expenditure of
municipal funds, including competitive bidding and conflict -of -interest
requirements, provided that such compliance shall not be construed to
require Village approval of expenditures or otherwise limit the Board's
authority to contract as granted under State law;
G. Provide that the funds administered by the Board shall be annually reviewed
as part of the Village's audit to verify that expenditures were made lawfully
and solely for the maintenance, use, and benefit of the Fire Department;
and
H. Provide that the Treasurer of the Board shall receive all funds paid pursuant
to this Article and shall disburse such funds upon the order of the Board, in a
manner consistent with applicable procurement requirements. Any
expenditure made by the Treasurer pursuant to the order of the Board shall be
solely for the maintenance, use, and benefit of the Fire Department.
SECTION SIX: Section 5.1605, "Quorum; Special Meetings" of the Village Code is
hereby renamed and repealed in its entirety and replaced with the following:
5.1605: MEETINGS; QUORUM; SPECIAL MEETINGS
A. Meetings
The Foreign Fire Insurance Board shall establish a regular time and place for its
meetings and shall conduct its meetings in accordance with the Illinois Open
Meetings Act (5 ILCS 120 /2.01).
B. Quorum
Except as otherwise provided herein, four (4) trustees shall constitute a quorum
for the transaction of business. In the event the number of trustees serving on the
Board is fewer than seven (7), the following quorum requirements shall apply:
1. For a Board composed of six (6) trustees, four (4) trustees shall constitute a
quorum;
2. For a Board composed of five (5) trustees, three (3) trustees shall constitute
a quorum;
3. For a Board composed of four (4) trustees, three (3) trustees shall constitute
a quorum; and
4. For a Board composed of three (3) trustees, all three (3) trustees shall be
present to constitute a quorum.
C. Special Meetings
The Chairperson may call a special meeting at any time, subject to the
requirements of the Illinois Open Meetings Act. A special meeting may also be
called upon written notice signed by three (3) trustees. Such notice shall
describe, in brief, the nature or object of the special meeting.
SECTION SEVEN: Section 5.1606, "Use of Funds" of the Village Code is hereby
repealed in its entirety and replaced with the following:
5.1606: USE OF FUNDS
Funds administered by the Foreign Fire Insurance Board may be used solely for
the maintenance, use, and benefit of the Mount Prospect Fire Department, as
authorized by State law.
No funds shall be used for the personal benefit of any individual, or for any use
or function not directly related to the Fire Department. Funds shall not be used
for parties, alcoholic beverages, or any activity that violates Fire Department
policies, Village policies, or applicable law.
SECTION EIGHT: Section 5.1607, "Foreign Fire Insurance Tax Imposed" of the Village
Code is hereby repealed in its entirety and replaced with the following:
5.1607: FOREIGN FIRE INSURANCE TAX IMPOSED
Every corporation, company, or association not incorporated under the laws of the
State of Illinois and engaged in effecting fire insurance upon property situated within
the Village shall pay to the Foreign Fire Insurance Board, for the maintenance, use,
and benefit of the Fire Department, a license fee equal to two percent (2%) of the
gross receipts received from fire insurance upon property located within the Village.
Each such corporation, company, or association shall pay the amount prescribed by
this Section upon all premiums received during the year ending on the first day of July
for all fire insurance effected or agreed to be effected on property situated within the
Village.
Every person acting within the Village as an agent, or otherwise, on behalf of any such
corporation, company, or association shall, on or before July 15 of each year, render
to the Treasurer of the Foreign Fire Insurance Board or the Board's authorized
designee a full and true account, verified by oath, of all premiums received during the
preceding year ending July 1. The agent shall specify the amounts received for fire
insurance and shall pay, at the time of rendering such report, the sum due under this
Section.
If such account is not rendered on or before July 15, or if the sum due remains unpaid
after that date, it shall be unlawful for the corporation, company, or association in
default to transact any fire insurance business within the Village until the amount due
has been fully paid. This provision shall not relieve any such corporation, company, or
association from payment of any loss upon any risk taken in violation of this
requirement.
The amount of the license fee may be recovered from the corporation, company,
association, or any third party owing the fee, or from its agent, by an action brought
by the Foreign Fire Insurance Board. The Foreign Fire Insurance Board or its
authorized designee may examine the books, records, and other documents of any
agent, corporation, company, or association for the purpose of verifying the
correctness of any report required under this Section.
This Section applies to receipts from contracts of marine fire insurance.
A Foreign Fire Insurance Board aggrieved by a violation of this Section may file suit in
the Circuit Court of the county in which the alleged violation occurred.
The regulation of a foreign fire insurance board and its license fees are exclusive
powers and functions of the State of Illinois. A home rule municipality may not
regulate a foreign fire insurance board or its license fees. This Section constitutes a
denial and limitation of home rule powers and functions pursuant to subsection (h) of
Section 6 of Article VII of the Illinois Constitution.
(Source: 65 ILCS 5/11-10-1(c), as amended by P.A. 102-740, effective January 1, 2023.)
SECTION NINE. Section 5.1608, "Account" of the Village Code is hereby renamed and
repealed in its entirety and replaced with the following:
5.1608: ACCOUNTING AND PAYMENT
Every person acting as a representative for or on behalf of any corporation, company,
or association subject to this Article shall, on or before July 15 of each year, render to
the Treasurer of the Foreign Fire Insurance Board or the Board's authorized designee
a full, true, and just account, verified by oath, of all premiums received during the
preceding year ending July 1 on fire insurance policies covering property located
within the Village.
At the time of rendering such report, the agent shall pay the amount due to the
Treasurer of the Foreign Fire Insurance Board or the Board's authorized designee, in
accordance with this Article and State law.
SECTION TEN: Section 5.1609, "Failure to Account Or Pay Tax" of the Village Code is
hereby repealed in its entirety, renamed and replaced with the following:
5.1609: DISPUTE RESOLUTION — BINDING ARBITRATION
Any dispute between the Fire Chief and the remaining members of the Foreign
Fire Insurance Board concerning whether a proposed or approved expenditure
of funds is for the maintenance, use, or benefit of the Fire Department, or is
otherwise authorized under 65 ILCS 5/11-10-2, shall be resolved through
binding arbitration.
The Foreign Fire Insurance Board shall adopt a written arbitration agreement
governing such disputes. Any arbitration conducted pursuant to this Section
shall be recognized under and conducted in accordance with the Illinois
Uniform Arbitration Act.
Binding arbitration shall be the exclusive remedy available for resolving
disputes described in this Section. No appeal to the Village Board, Village
Manager, or any other municipal body shall be permitted for such disputes.:
SECTION ELEVEN: Section 5.1610, "Marine Insurance" of the Village Code is hereby
repealed in its entirety, renamed "Failure to Account Or Pay Tax", and replaced with
the following:
5.1610: FAILURE TO ACCOUNT OR PAY TAX
If the required account is not rendered on or before July 15 of each year, or if
the amount due remains unpaid after that date, it shall be unlawful for any
corporation, company, or association in default to transact fire insurance
business within the Village until the amount due has been fully paid.
This provision shall not relieve any corporation, company, or association from
payment of any loss upon any risk taken in violation of this Article.
SECTION TWELVE: Section 5.1611 shall be created, "Marine Insurance" to read as
follows:
5.1611: MARINE INSURANCE
This subsection shall be applicable to receipts from contracts of marine fire insurance.
SECTION THIRTEEN: 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: Dante, DiPrima, Gens, Grossi, Matuszak, Saccotelli
NAYS: None
ABSENT: None
PASSED and APPROVED this 3rd day of February, 2026
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Paul Wm. Hoefert, Mayor
ATTEST:
Karen M. Agoranos, Village Clerk