HomeMy WebLinkAboutOrd 5160 12/19/2000 ORDINANCE NO. 5160
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF
TAXES FOR THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA
NUMBER FIVE AND SPECIAL SERVICE AREA NUMBER SIX OF THE
VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING
JANUARY i, 2000 AND ENDING DECEMBER 31, 2000
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the 19th day of December ,2000
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the 20thday of December ,2000.
ORDINANCE NO. 5 I60
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF
TAXES FOR THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA
NUMBER FIVE AND SPECIAL SERVICE AREA NUMBER SIX OF THE
VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2000 AND ENDING DECEMBER 31, 2000
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, 2000, and
ending December 31, 2000, 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 of the 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
2000. 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. 5077
at a meeting hereof regularly convened and held in said Village of Mount Prospect, Illinois on the
21s' day of December, 1999, and thereafter duly published according to law, the various objects
and purposes for said budgetary appropriations were heretofore made are set forth under the
colunm entitled "Amount Budgeted," and the specific amount herein levied for each object and
purpose is set forth under the colunm entitled "Amount Levied" in Article I.
Section 2: That the sum of Forty-two Thousand Three Hundred and Fiive Dollars ($42,305),
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, 2000, and ending December 31, 2000,
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 6 of the
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 2000. The budgetary appropria-
tions having been made heretofore by the President and Board of Trustees of the Village of Mount
Prospect were passed and approved by Ordinance No. 5077 at a meeting hereof regularly
convened and held in said Village of Mount Prospect, Illinois on the 21st day of December, 1999,
mad 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 II.
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Amount Amount
Bud~leted Levied
ARTICLE 1 - SPECIAL SERVICE AREA NO. 5
61 Lake Water AcauisitiQn
6105512-540800 SSA #5 JAWA Water 1,500,000 370,464
6105512-540815 SSA A5 JAWA Fixed Costs 1,145,000 1,145,000
TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO. 5
LAKE WATER ACQUISITION 2,645,000
AMOUNT TO BE RAISED BY TAX LEVY 1,515,464
ADD 2% FOR LOSS AND COST OF COLLECTION 30,309
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
SPECIAL SERVICE AREA NO. 5 1,545,773
ARTICLE II - SPECIAL SERVICE AREA NO. 6
83 Special Service Area No. 6 Bond and Interest
8308106-710607 SSA #6 Principal 30,000 30,000
8308106-720608 SSA #6 Interest 12,305 12,305
TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO. 6
BOND AND INTEREST 42,305
AMOUNT TO BE RAISED BY TAX LEVY 42,305
ADD 2% FOR LOSS AND COST OF COLLECTION 846
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
SPECIAL SERVICE AREA NO. 6 43,151
SUMMARY
Amount Amount to Amount for Total Tax
Article 6.udgete, d. ~ ~ Lew.
I Special Service Area No. 5 2,645,000 1,515,464 30,309 1,545,773
Ii Special Service Area No. 6 42,305 42,305 846 43,151
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ection 3: That the County Clerk is directed to add 2% to the requested tax levy as a provision
for loss and cost.
Section 4: 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 5: 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.
Section 6: 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, Hoefert, Lohrstorfer, Prikkel, Skowron, Wilks
NAYS: None
ABSENT: None
PASSED and APPROVED this 19th .day of December ,2000
Gerald L. Farley, ~Village/p~dent
ATTEST: ..,
Velina W. Lowe, Village Clerk
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