Department op Planning and Development city of chicago
December 4, 2020
TO THE HONORABLE CHAIRMAN, GILBERT VILLEGAS AND MEMBERS OF THE COMMITTEE ON ECONOMIC, CAPITAL, AND TECHNOLOGY DEVELOPMENT
Ladies and Gentlemen:
I transmit herewith 27 ordinances for Special Service Areas.
Your favorable consideration of these ordinances will be appreciated.
Very truly yours,
/
Maurice Cox Commissioner
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ORDINANCE REGARDING SPECIAL SERVICE AREA #72
WHEREAS, special service areas may be established pursuant to (i) Article VII, Sections. 6(1) and 7(6) of the Constitution of the State of Illinois; (ii) 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 (iii) the Property Tax Code, 35 ILCS 200/1-1 et seq., as amended from time to time; and
WHEREAS, the City Council (the "City Council") of the City of Chicago (the "City") has previously enacted a certain ordinance on the date specified on Exhibit A attached hereto and hereby made a part hereof and published in the Journal ofthe Proceedings of the City Council of the City (the "Journal") for such date at the pages specified on Exhibit A hereto, and amended on the date specified on Exhibit A hereto and published in the Journal for such date(s) as specified on Exhibit A hereto (as amended from time to time, the "Establishment Ordinance"), which established a certain special service area as indicated therein and as identified on Exhibit A hereto (the "Area") and authorized the levy of certain annual taxes, not to exceed the annual rate (the "Levy Cap") indicated therein and as described on Exhibit A hereto, 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 generally as specified in the Establishment Ordinance (the "Special Services"); ...
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