HomeMy WebLinkAboutOrd 5296 12/17/2002ORDINANCE NO. 5 2 9 6
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, 2002 AND ENDING DECEMBER 31, 2002
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
thel?~hday of December ,2002
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
thel8~hday of December ,2002.
ORDINANCE NO. 5296
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, 2002 AND ENDING DECEMBER 31, 2002
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, 2002, and
ending December 31, 2002, 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
2002. 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. 5227 at a
meeting hereof regularly convened and held in said Village of Mount Prospect, Illinois on the 18~
day of December, 2001, 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 Thirty Seven Thousand Seven Hundred and Seventy-Five Dollars
($37,775), 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, 2002, and ending
December 31, 2002, 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 2002. 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. 5227 at a meeting
hereof regularly convened and held in said Village of Mount Prospect, Illinois on the 18~ day of
December, 2001, 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 column entitled "Amount Levied" in Article II.
ARTICLE I - SPECIAL SERVICE AREA NO. 5
61 Lake Water Acquisition
6105512-540800 SSA #5 JAWA Water
6105512-540815 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
1,598,600 370,464
1,145,000 11145,000
2,743,600
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
7,775 7,775
37,775
37,775
755
38,530
Article
I Special Service Area No. 5
II Special Service Area No. 6
SUMMARY
Amount Amount to Amount for
Budgeted be Levied Loss & Cost
2,743,600 1,515,464 30,309
37,775 37,775 755
TotalTax
Levy
1,545,773
38,530
2
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 t° 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 iaw.
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 pans of
this Ordinance. The President and Board of Trustees of the Village of Mount Prospect hereby
declares that they would have passed the remaining pans 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: Hoefert, Lohrsto~fer, Skowron, Wilks, Zadel
NAYS: None
ABSENT: Corcoran
PASSED and APPROVED this ~- 7 th
day of December ,2002
ATTEST: ~ .
Velrait W. Lowe, VillJge Clerk