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HomeMy WebLinkAboutOrd 5345 07/15/2003ORDINANCE NO. 5345 AN ORDINANCE AMENDING CHAPTER 8 AND APPENDIX A- DIVISION II OF THE VILLAGE CODE OF MOUNT PROSPECT Passed and approved by the President and Board of Trustees the 15TM day of July, 2003 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 16TM day of July, 2003 ORDINANCE NO. 5345 AN ORDINANCE AMENDING CHAPTER 8 AND APPENDIX A - DIVISION II OF THE THE VILLAGE CODE OF MOUNT PROSPECT BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION 1: Section 8.1601 of Chapter 8, Article XVI of the Village Code of Mount Prospect shall be amended to delete Section 8.1601 in its entirety and a new Section 8.1601 is inserted to be and read as follows: 8.1601: GROSS RECEIPTS TAX IMPOSED: A tax authorized by statute~, in addition to any and all other taxes, is hereby imposed upon any and all of the following acts or privileges: A. The business of distributing, supplying, furnishing or selling gas for residential use or consumption within the corporate limits of the Village and not for resale, at a rate set forth in Appendix A, Division II of this Code, on the amount of gross receipts; B. The business of distributing, supplying, furnishing or selling electricity for nonresidential use or consumption with the corporate limits of the village, and not for resale, at a rate set forth in Appendix A, Division II of this Code, on the amount of gross receipts. ~ 65 ILCS 5/8-11-2. SECTION 2: Sub-subsection 3 of Subsection A, entitled "Tax Imposed," of Section 8.1601.1, entitled "Consumption Tax", of Chapter 8, Article XVI of the Village Code of Mount Prospect, is hereby deleted in its entirety. SECTION 3: Appendix A, Division II of the Village Code of the Village of Mount Prospect shall be amended to delete Section 8.1601 in its entirety and a new Section 8.1601 is inserted to be and read as follows: Section 8.1601: TAX IMPOSED: Rate: 3.204% of gross charge (effective 2/4/03) SECTION 4: That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYE S: NAYES: ABSENT: Corcoran, Hoefert, Lohrstorfer, Skowron, Wilks, Zadel None None PASSED and APPROVED this 15th day of July, 200~ ~-~) Veln~ W. Lowe, Villa~ u er~: ' I:~MY~O..C~~'t~x ordinance,doc