Record #: O2018-6910   
Type: Ordinance Status: Passed
Intro date: 9/17/2018 Current Controlling Legislative Body: Committee on Finance
Final action: 9/20/2018
Title: Public hearing(s) on expansion of area and special services, reduction of maximum rate, and extension of levy period for Special Service Area No. 45, 103rd Street/Halsted
Sponsors: Dept./Agency
Topic: SPECIAL SERVICE AREAS - S.S.A. No. 45 (103rd Street-Halsted)
Attachments: 1. O2018-6910.pdf, 2. O2018-6910 (V1).pdf
PUBLIC HEARING ORDINANCE

WHEREAS, special service areas may be established pursuant to Article VII, Sections 6(1) and 7(6) of the Constitution of the State of Illinois, and pursuant to the provisions of the Special Service Area Tax Law, 35 ILCS 200/27-5 et seq., as amended from time to time (the "Special Service Area Tax Law") and pursuant to the Property Tax Code, 35 ILCS 200/1-1 et seq., as amended from time to time (the "Property Tax Code"); and

WHEREAS, on December 2, 2009, the City Council of the City of Chicago (the "City Council") enacted an ordinance (the "Establishment Ordinance") which established an area known and designated as City of Chicago Special Service Area Number 45 (the "Original Area") and authorized the levy of an annual tax, for the period beginning in 2009 through and including 2018 (the "Original Period"), not to exceed an annual rate of three percent (3%) ofthe equalized assessed value of the taxable property therein (the "Original Services Tax") to provide certain special services in and for the Area in addition to the services provided by and to the City of Chicago generally (the "Original Special Services"); and

WHEREAS, the Establishment Ordinance established the Original Area as that territory consisting approximately of the area on both sides of Halsted Street between the north side of 115th Street and the south side of 99th Street; both sides of 103rd Street between Morgan Avenue and Lowe Avenue; and along Vincennes Avenue between north 115th Street and 111th Street; and
WHEREAS, the boundary description ofthe Original Area in the Establishment Ordinance erroneously referred to Vincennes Avenue, which was inconsistent with the legal description and property identification numbers included in the Establishment Ordinance, and the City has clarified this reference in the boundary description for the Area, as hereinafter defined, in Section 3 herein; and

WHEREAS, the Original Special Services authorized in the Establishment Ordinance...

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