HomeMy WebLinkAboutOrd 5472 12/21/2004
ORDINANCE NO. 5472
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES
FOR THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA NUMBER
FNE AND SPECIAL SERVICE AREA NUMBER SIX OF THE VILLAGE OF
MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING JANUARY 1,2004
AND ENDING DECEMBER 31, 2004
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the 21st day of December, 2004
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the 22nd day of December, 2004.
ORDINANCE NO. 5472
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF
TAXES FOR THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA
NUMBER FNE AND SPECIAL SERVICE AREA NUMBER SIX OF THE
VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING
JANUARY 1,2004 AND ENDING DECEMBER 31,2004
NOW THEREFORE, BE IT ORDAINED BY THE President and Board ofTrust~es ofthe Village of
Mount Prospect, Cook County, Illinois:
Section 1: That the sum of One Million Five Hundred Fifteen ThQusand Follr 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, 2004, and ending
December 31, 2004, 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 2004. The budgetary
appropriations having been made heretofore by the President and Board of Trustees ofthe Village of
Mount Prospect were passed and approved by Ordinance No. 5395 at a meeting hereof regularly
convened and held in said Village of Mount Prospect, Illinois on the 16th day of December, 2003,
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 "Am.ount 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 Thirty Seven Thousand Eight Hundred Dollars ($37,800), 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, 2004, and ending December 31, 2004, as approved
by the President and Board of Trustees ofthe 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 2004. The budgetary appropriations having been made
heretofore by the President and Board of Trustees ofthe Village of Mount Prospect were passed and
approved by Ordinance No. 5395 at a meeting hereof regularly convened and held in said Village of
Mount Prospect, Illinois on the 16th day of December, 2003, 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 II.
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Amount
Budgeted
Amount
Levied
ARTICLE 1 - SPECIAL SERVICE AREA NO.5
61 Lake Water Acquisition
6105512-540800
6105512-540815
SSA #5 JAWA Water
SSA #5 JAWA Fixed Costs
1,580,700 370,464
1,145,000 1,145,000
2,725,700
1,515,464
30,309
1,545,773
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
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
35,000 35,000
5,495 2,800
40,495
37,800
846
38,646
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
Article
I Special Service Area No.5
II Special Service Area No.6
SUMMARY
Amount
Budqeted
2,725,700
40,495
Amount to Amount for
be Levied Loss & Cost
1,515,464 30,309
37,800 846
Total Tax
Levy
1,545,773
38,646
Section 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 ofthe 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 ancl after its passage, approval,
publication in pamphlet form and recording, as provided by law.
AYES:
Corcoran, Hoefert, Lohrstorfer, Skowron, Wilks, Zadel
NAYS:
None
ABSENT:
None
PASSED and APPROVED this 21 st day of December, 2004
A TIE TMJ .J
Vel a W. Lowe, Village Clerk
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