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HomeMy WebLinkAboutOrd 6107 12/17/2013 Authorizing Levy and Collection of Taxes for Special Service Area number Five for Fiscal Year 2013ORDINANCE NO. 6107 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, 2013 AND ENDING DECEMBER 31, 2013 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the 17th day of December, 2013 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois the 18th day of December, 2013. ORDINANCE NO. 6107 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, 2013 AND ENDING DECEMBER 31, 2013 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, 2013, and ending December 31, 2013, 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 2013. 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. 6046 at a meeting hereof regularly convened and held in said Village of Mount Prospect, Illinois on the 18 day of December, 2012, and as amended by Ordinance No. 6059 passed and approved on the 19 da of March, 2013, and further amended by Ordinance No. 6079 passed and approved on the 18 day of June, 2013 and further amended by Ordinance No. 6101 passed and approved on the 19 day of November, 2013 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 1. 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, Korn, Matuszak, Polit, Rogers, Zadel NAYS: None ABSENT: None PASSED and APPROVED this 17 day of December, 2013 � Arlene A. Juracek, Mayor ATTEST: M. Lisa Angell, Village Clerk 2 Amount Amount Budgeted Levied ARTICLE 1 - SPECIAL SERVICE AREA NO. 5 050 Lake Water Acquisition 570.001 SSA #5 JAWA Water 570.004 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 SUMMARY Amount Amount to Article Budgeted be Levied I Special Service Area No. 5 4,780,667 1,515,464 3,778,667 1,197,822 1,002,000 317,642 4,780,667 1,515,464 30,309 1,545,773 Amount for Total Tax Loss & Cost Levy 30,309 1,545,773