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HomeMy WebLinkAboutOrd 3118 06/02/1981 RDINANCE NO. 3118 AN ORDINANCE PROPOSING THE ESTABLISHMENT OF A SPECIAL SERVICE AREA IN THE VILLAGE OF MOUNT PROSPECT, ILLINOIS AND PROVIDING FOR A PUBLIC HEARING AND OTHER PROCEDURES IN CONNECTION THEREWITH BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: Authority to Establish Special Service Areas. This Board takes notice of its authority to establish a special service area pursuant to Article VII, Sections 6, paragraph 1 of the Constitution of the State of Illinois in force July 1, 1971 which provides in pertinent part that: "The General Assembly may not deny or limit the power of home rule units . (2) to levy or impose additional taxes upon areas within their boundaries in the manner provided by law for the provision of special services to those areas and for the payment of debt incurred in order to provide those special services." and further pursuant to an Act to provide the manner of levying or imposing taxes for the provision of special services to areas within the boundaries of Home Rule Units and Non-Home Rule municipalities and counties as set forth in Sections 1301 through 1311 of Chapter 120 of the Illinois Revised Statutes, 1980. SECTION TWO: Findings. This Village Board hereby finds as follows: (A) It is in the best interest of the public that the creation of the area hereinafter described as a special service area for the purposes set forth herein be considered. (B) Said area is a compact and contiguous business area within the Village of Mount Prospect. (C) Said area is zoned for business purposes as a business retail and service district and will benefit specially from the municipal services to be provided, which proposed municipal services are unique and are in addition to municipal services provided by the Village of Mount Prospect as a whole, and it is therefore, in the best interests of the Village of Mount Prospect that the levy of special taxes against said area for the special services so provided be considered. SECTION THREE: Public Hearings - Tax Rate - Issuance of Bonds. A public hearing shall be held on Tuesday the 23rd day of June, 1981 at 8:00 o'clock p.m. CDT in the second floor Board Room of the Public Safety Building, at 112 East Northwest Highway, Mount Prospect, Illinois, to consider the creation of Special Service Area No. 3 of the Village of Mount Prospect, in the territory described in the Notice set forth in Section 4 hereof. At the hearing, there will be considered the borrowing of $25,000.00 to be evidenced by General Obligation Bonds, the proceeds of which shall be used to pay part of the cost of construction and installa- tion of roadway modifications and rehabilitation including diagonal arking space and pedestrian walkway designation and driveway alignment; street light installation; parking lot addition and rehabilitation; installation of turn around and median islands; landscape grading; planting of shrubs and trees; sodding and such other incidental work deemed necessary to improve South Wille Street from the intersection of Busse Avenue and Northwest Highway, North to the intersection of West Central Road within said SpeCial Service Area as described in the Notice set forth in Section 4 hereof. Said bonds are to be retired over not to exceed a twelve (12) year period, and to bear interest at a rate of not to exceed ten (10%) percent per annum. Said bonds, if issued, shall be retired by the levy of a direct tax to pay the interest on such bonds as they fall due and to discharge the principal thereof at maturity. Said tax is to be levied upon all taxable property within the proposed Special Service Area and said tax shall be in addition to all other taxes provided by law and levied upon property within the proposed Special Service Area pursuant to the Revenue Act of 1939. SECTION FOUR: Notice of Hearing. Notice of Hearing shall be published at least once not less than fifteen (15) days prior to the public hearing in the Mount Prospect Herald, a newspaper published within the Village of Mount Prospect. In addition, Notice by mailing shall be given by depositing said Notice in the U.S. mail addressed to the person or persons in whose name the general taxes for the last preceding year were paid on each lot, block, tract or parcel of land lying within the proposed Special Service Area. Said Notice shall be mailed not less than ten (10) days prior to the time set for the public hearing. In the event taxes for the last preceding year were not paid, the Notice shall be sent to the person last listed on the Tax Rolls prior to that year as the owner of said property. The Notice shall be in substantially the following form: "NOTICE OF HEARING VILLAGE OF MOUNT PROSPECT SPECIAL SERVICE AREA NO. 3 NOTICE IS HEREBY GIVEN that on Tuesday the 23rd day of June, 1981, at 8:00 p.m. o'clock CDT, in the second floor Board Room of the Public Safety Building, 112 East Northwest Highway, Mount Prospect, Illinois, a hearing will be held by the President and Board of Trustees of the Village of Mount Prospect to consider forming a Special Service Area consisting of the following described territory: Lots 1 and 2 of Wille's Consolidation Plat of Lots 2 to 12 both inclusive in Block 2 in Busse and Wille's Resubdivision in Mount Prospect, a subdivision in the West 1/2 of Section 12, Township 41 North, Range 11 East of the Third Principal Meridian, in Cook County, Illinois, together with that part of the public street known as South Wille Street which lies adjacent and 66 feet East of the East line of said Lots 1 and 2 and which lies Northerly of the Northeasterl~ line'of Northwest Highway and which lies South of the North line of Lot 1 aforesaid extended East, all in Cook County, Illinois. The street to be improved within said described area is South Wille Street from Northwest Highway to West Central Road. -2- uch area is generally bounded by businesses adjacent to South Wille Street on the West side thereof between Northwest Highway and West Central Road. An accurate map of said area is on file in the office of the Village Clerk and is available for public inspection. The purpose of the formation of the Mount Prospect Special Service Area No. 3 in general is to provide special municipal services to the area, including, but not limited to, municipal services consisting of construction and installation of roadway modifications and rehabilitation including diagonal parking space and pedestrian walkway designation and driveway alignment; street light installation; parking lot additions and rehabilitation; installation of turn around and median islands; landscape grading; planting of shrubs and trees; sodding and such other incidental work deemed necessary to improve South Wille Street from the intersection of Busse Avenue and Northwest Highway, North to the intersection of West Central Road, together with the redesign and channeling of traffic movements to provide for one-way traffic flow along said street from the Northwest Highway intersection to a point appoximately 300 feet South of West Central Road. For the purpose of paying a portion of the cost of the Special Services, the issuance of General Obligation Bonds in the amount not to exceed $25,000.00 at an interest rate of not to exceed ten (10%) percent per annum and to mature within a period of not to exceed twelve (12) years, will be considered at the hearing. Said bonds if issued, shall be retired by the levy of a direct tax to pay the interest on such bonds as it falls due and to discharge the principal thereof at maturity; said tax to be levied upon all taxable property within the proposed Special Service Area based upon assessed values as established pursuant to the Revenue Act of 1939. The remaining portion of the cost of said Special Services is to be paid from the Village's allotment of Motor Fuel Tax Funds, and from General Obligation Bonds issued with respect to Mount Prospect Special Services Area No. 4. Ail interested persons, including all owners of real estate therein, affected by the formation of the Mount Prospect Special Service Area No. 3 will be given an opportunity to be heard at the hearing regarding the formation of and the boundaries of the Special Service Area and the issuance of such General Obligation Bonds and the levy of taxes to pay the principal and interest thereof, and may file objections to the formation of the Area, the issuance of such bonds, and the levy of taxes affecting said Area. The hearing may be adjourned by the Board to another date without further notice other than a Motion to be entered upon the Minutes fixing the time and place of its adjournment. If a Petition signed by at least 51% of the Electors residing within the Special Service Area and by at least 51% of the owners of record of the land included within the boundaries of the Special Service Area is filed with the Village Clerk within sixty (60) days following the final adjournment of the public hearing objecting the creation of the Special Service Area, to the levy or imposition of a tax or the issuance of bonds for the provision of special services to the area, or to a proposed increase in the tax rate, no such District may be created, or tax may be levied or imposed nor the rate increased, or no such bonds may be issued. Dated this day of June, 1981. Carol A Fields, Village Clerk -3- ECTION FIVE: This Ordinance shall be in full force and effect from a~d after its passage, approval and publication in accordance with law. PASSED this AYES: NAYS: ABSENT: Murauskis APPROVED this 2nd 2nd day of June Arthur Farley Floros Mi~er Wa~enberg None day of June , 198~. · 1981. VIL~GE PRESIDENT ATTEST: VILLAGE CLERK -4-