Office of the City Clerk - Record #: O2013-6437

• Record #: O2013-6437
• Type: Ordinance
• Status: Passed
• Intro date: 9/11/2013
• Current Controlling Legislative Body: Committee on Finance
• Final action: 10/16/2013
• Title: Public hearing(s) on reconstitution of Special Service Area No. 68 (formerly Special Service Area No. 5)
• Sponsors: Emanuel, Rahm
• Topic: SPECIAL SERVICE AREAS - S.S.A. No. 68 (Commercial Avenue)

Date	Journal Page Number	Action By	Action	Result
10/24/2013		Office of the Mayor	Signed by Mayor
10/16/2013	60963	City Council	Passed	Pass
10/11/2013		Committee on Finance	Recommended to Pass	Pass
9/11/2013	58780	City Council	Referred

CHICAGO October 16, 2013 To the President and Members of the City Council: Your Committee on Finance having had under consideration


An ordinance authorizing the Committee on Finance to hold a public hearing in order to establish Special Service Area Number 68.

02013-6437









Having had the same under advisement, begs leave to report and recommend that your Honorable Body pass the proposed Ordinance Transmitted Herewith

This recommendation was concurred in by
of members of the committee with




Respectfully submitted

Chairman
Document No.




REPORT OF THE COMMITTEE ON FINANCE TO THE CITY COUNCIL CITY OF CHICAGO
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR

September 11,2013










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request of the Commissioner of Housing and Economic Development, I transmit herewith ordinances authorizing public hearings to reconstitute and establish various Special Service Areas.

Your favorable consideration of these ordinances will be appreciated.

Mayor

Very truly yours,
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, 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 October 31,1983, the City Council of the City of Chicago (the "City Council") enacted an ordinance, as amended by an ordinance enacted by the City Council on May 30,1984, which established an area known and designated as City of Chicago Special Service Area Number 5 and authorized the levy of an annual tax not to exceed an annual rate of three percent (3%) of the equalized assessed value of the taxable property therein to provide certain special services in and for such area for a period ...