Office of the City Clerk - Record #: O2017-7071

• Record #: O2017-7071
• Type: Ordinance
• Status: Passed
• Intro date: 10/11/2017
• Current Controlling Legislative Body: Committee on Finance
• Final action: 11/8/2017
• Title: Scope of services, budget and management agreement for Special Service Area No. 49, South Shore/Exchange (Year 2018)
• Sponsors: Emanuel, Rahm
• Topic: SPECIAL SERVICE AREAS - S.S.A. No. 49 (South Shore/Exchange)

Date	Journal Page Number	Action By	Action	Result
11/15/2017		Office of the Mayor	Signed by Mayor
11/15/2017	55872	City Council	Referred
11/11/2017		City Council	Published in Special Pamphlet
11/8/2017	58861	City Council	Passed	Pass
11/6/2017		Committee on Finance	Recommended to Pass

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 "Act") and pursuant to the Property Tax Code, 35 ILCS 200/1-1 et seq., as amended from time to time; and

WHEREAS, on December 8, 2010, 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 49 (the "Area") and authorized the levy of an annual tax, for the period beginning in 2010 through and including 2019, not to exceed an annual rate of two percent (2%) of the equalized assessed value of the taxable property therein (the "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 "Special Services"); and

WHEREAS, certain funds in Fund OA96 ("Fund A96") in the amount of $4,760 are available for use in connection with the Area; and

WHEREAS, the Establishment Ordinance established the Area as that territory consisting approximately of Exchange Avenue from the south side of 71st Street to 79th Street; 75th Street from the east side of Paxton Avenue to west side of South Shore Avenue; 79th Street from the east side of Paxton Avenue to the west side of South Shore Avenue; and

WHEREAS, the Special Services authorized in the Establishment Ordinance include, but are not limited to: recruitment of new businesses to the Area, rehabilitation activities, maintenance and beautification activities, security, coordination of promotional and advertising activities, strategic planning for the Area, and other technical assistance activities to promote commercial and economic development (which may include, but are not limited to, streetscape improvements, str...