HomeMy WebLinkAboutOrd 5224 12/18/2001ORDINANCE NO. 5 2 2 4
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, 2001 AND ENDING DECEMBER 31, 2001
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the 18thday of December ,2001
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the 19tbday of December, 2001.
ORDINANCE NO. 5 2 2 4
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF
TAXES FOR THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA
NUMBER FWE AND SPECIAL SERVICE AREA NUMBER SiX OF THE
VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING
JANUARY i, 2001 AND ENDING DECEMBER 31, 2001
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, 2001, and
ending December 31, 2001, 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
2001. 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. 5162 at a
meeting hereof regularly convened and held in said Village of Mount Prospect, Illinois on the 19~
day of December, 2000, 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 sum of Forty Thousand and Fifty-Five Dollars ($40,055), 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, 2001, and ending December 31, 2001, 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 2001. 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. 5162 at a meeting hereof regularly convened and held in
said Village of Mount Prospect, Illinois on the 19~ day of December, 2000, 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 colunm entitled "Amount
Levied" in Article II.
ARTICLE I - SPECIAL SERVICE AREA NO. 5
61 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
Amount Amount
Budgeted Levied
1,552,000 370,464
1,145,000 1,145,000
2,697,000
1,515,464
30,309
1,545,773
ARTICLE II - SPECIAL SERVICE AREA NO. 6
83 Special Service Area No. 6 Bond and Interest
8308106-710607 SSA #6 Principal
8308106-720608 SSA #6 Interest
TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO. 6
BOND AND INTEREST
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. 6
30,000 30,000
10,055 10,055
40,055
40,055
801
40,856
SUMMARY
Amount Amount to
Article Budqeted be Levied
I Special Service Area No. 5
II Special Service Area No. 6
Amountfor Total Tax
Loss & Cost Levy
30,309 1,545,773
801 40,856
2,697,000 1,515,464
40,055 40,055
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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 Mourn 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 Presidem 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: ~orcoran, Hoefert, Lohrstorfer, Skowron, Wilks, Zadel
NAYS: None
ABSENT: None
PASSED and APPROVED this 18 th day of
December ,2001
ATTEST:,~' --
V~lma W. Lowe, Village Clerk
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