HomeMy WebLinkAboutOrd 5719 12/16/2008
ORDINANCE NO. 5719
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 1,2008 AND ENDING
DECEMBER 31,2008
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the 16th day of December, 2008
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the 17th day of December, 2008.
ORDINANCE NO. 5719
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF
T AXES FOR THE MUNICIPAL PURPOSES OF SPECIAL SERVICE
AREA NUMBER FIVE OF THE VILLAGE OF MOUNT PROSPECT FOR
THE FISCAL YEAR BEGINNING JANUARY 1,2008 AND ENDING
DECEMBER 31,2008
NOW THEREFORE, BE IT ORDAINED BY THE President and Board of Trustees ofthe 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 1,2008, and ending
December 31, 2008, 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 2008. 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. 5672 at a meeting hereof regularly
convened and held in said Village of Mount Prospect, Illinois on the 18th day of December, 2007,
and as amended by Ordinance No. 5697 passed and approved on the 3rd day of June, 2008 and further
amended by Ordinance passed and approved on the 16th day of December, 2008 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 I.
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.
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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:
Juracek, Kom, Matuszak, Polit
NAYS:
None
ABSENT:
Hoefert, Zadel
PASSED and APPROVED this 16th day of December, 2008
,~~ <{;iI!flb
--Irvana K. Wilks, yor
ATTEST:
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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 JAWA 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
Budaeted
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
Levv
1,545.773