HomeMy WebLinkAboutOrd 6044 12/18/2012 Authorizing the Levy and Collection of Taxes of Special Service Area Number FiveORDINANCE NO. 6044
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR
THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA NUMBER FIVE OF
THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2012 AND ENDING DECEMBER 31, 2012
Passed and approved
by the President and Board of Trustees
the 18 day of December, 2012
Published in pamphlet form
by authority of the corporate authorities
of the Village of Mount Prospect, Illinois,
the 19 day of December, 2012.
ORDINANCE NO. 6044
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR
THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA NUMBER FIVE OF
THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2012 AND ENDING DECEMBER 31, 2012
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, 2012, and ending December 31, 2012, 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 2012. 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. 5891 at a meeting hereof regularly convened and held in said Village of Mount Prospect,
Illinois on the 20 th day of December, 2011, and as amended by Ordinance No. 6001 passed and
approved on the 5 th day of April, 2012, and further amended by Ordinance No. 6036 passed and
approved on the 8 th day of November, 2012 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 County Clerk is directed to add 2% to the requested tax levy as a provision
for loss and cost.
Section 3 : That the Village Clerk of the Village of Mount Prospect is hereby directed to 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 law.
Section 4 : 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 parts
of this Ordinance. The President and Board of Trustees of the Village of Mount Prospect hereby
declares that they would have passed the remaining parts of the Ordinance if they had known that
such part or parts thereof would be declared unconstitutional or otherwise invalid.
Section 5 : 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, Juracek, Korn, Polit, Zadel
NAYS: None
ABSENT: Matuszak
PASSED and APPROVED this 118th day of December 2012
2
Amount Amount
Budgeted Levied
ARTICLE 1 - SPECIAL SERVICE AREA NO. 5
050 Lake Water Acquisition
570.001 SSA #5 JAWA Water 2,720,000 874,464
570.004 SSA #5 JAWA Fixed Costs 691,000 641,000
TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO. 5
LAKE WATER ACQUISITION 3,411,000
AMOUNT TO BE RAISED BY TAX LEVY 1,515,464
ADD 2% FOR LOSS AND COST OF COLLECTION 30,309
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
SPECIAL SERVICE AREA NO. 5 1,545,773
SUMMARY
Article
I Special Service Area No. 5
Amount Amount to Amount for Total Tax
Budgeted be Levied Loss & Cost Levy
3,411,000 1,515,464 30,309 1,545,773