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HomeMy WebLinkAboutOrd 5342 07/15/2003ORDINANCE NO. 5342 AN ORDINANCE AMENDING 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 RDINANCE NO. 5342 AN ORDINANCE AMENDING APPENDIX A - DIVISION II OF THE THE VILLAGE CODE OF MOUNT PROSPECT BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF TIlE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION 1: Section 8.1102, entitled "Imposition of Tax", of Appendix A, Division II of the Village Code of the Village of Mount Prospect shall be amended by deleting in its entirety the current Section 8.1102 and inserting in lieu thereof a new Section 8.1102 "Tax Imposed" to be and read as follows: Section 8.1102: IMPOSITION OF TAX: 1/1/95 through 12/31/03 0.50% of gross receipts of tangible personal property 1/1/04 and thereafter 0.75% of gross receipts of tangible personal property SECTION 2: 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. AYES: Corcoran, Hoefert, Lohrstorfer, Skowron, Wilks, Zadel NAYE S: None ABSENT: None PASSED and APPROVED this 15th day °f Julf~ :2~ _ -~- Gerak~ L. ~arltfy, V~lagdPresidel~' ATTESt: , Velma/vV. Lowe, Village Clerk I:kMYDOC~Amend sales tax ordinance.doc