HomeMy WebLinkAboutOrd 5890 12/20/2011ORDINANCE NO. 5890
AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR
CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF
MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2011 AND ENDING DECEMBER 31, 2011
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the 20 day of December, 2011
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois,
the 21" day of December, 2011.
ORDINANCE NO. 5890
AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR
CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF
MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2011 AND ENDING DECEMBER 31, 2011
BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE
OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
Section One The President and Board of Trustees of the Village of Mount Prospect find as
follows:
A. That pursuant to Village Ordinance No. 5772 adopted December 1, 2009
authorizing the issuance of general obligation bonds for financing a portion of the
costs of constructing a replacement fire station, emergency operations center and
public works expansion there was levied for the year 2011 the sum of
$135,022.50 for bond interest payments.
Section Two It is hereby declared by the President and Board of Trustees of the Village of
Mount Prospect that the amount of $135,022.50 levied for G.O. Bond Interest payments for the
purpose of funding a portion of the costs of constructing a replacement fire station, emergency
operations center and public works expansion pursuant to Ordinance No. 5772 be and the same is
hereby abated in the amount of $47,257.86 leaving a balance of $87,764.64 as that amount levied
for such bond and interest payments for the fiscal year commencing January 1, 2011 and ending
December 31, 2011.
Section Three Village Ordinance No. 5772 is hereby amended with respect to the tax
abatements declared herein and set forth in Section Two of this Ordinance.
Section Four The Village Clerk of the Village of Mount Prospect is hereby authorized and
directed to file a certified copy of this Ordinance with the County Clerk of Cook County, Illinois
within the time specified by law:
Section Five This Ordinance shall be in full force and effect upon its passage, approval and
publication in pamphlet form and filing as provided by law.
AYES: Hoefert, Juracek, Korn, Matuszak, Polit, Zadel
NAYS: None
ABSENT: None
PASSED and APPROVED this 20th day of December, 2011.
Irvana K. Wilks
Mayor
ATTEST:
M. Lisa �Vngell
Village Clerk
2