OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
October 16,2013
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 a budget and service provider agreement for various Special Service Areas.
Your favorable consideration of these ordinances will be appreciated.
Very truly yours,
Mayor
ORDINANCE
WHEREAS, special service areas may be established pursuant to Article VII, Sections 6(1) and 7(6) ofthe Constitution ofthe State of Illinois, and pursuant to the provisions ofthe 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 (the "Code"); and
WHEREAS, on July 24, 1991, 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 November 6, 1992 which established an area known and designated as City of Chicago Special Service Area Number 13 and authorized the levy of an annual tax not to exceed an annual rate of one and nine tenths percent (1.9%) of the equalized assessed value of the taxable property therein to provide certain special services in and for the area for a period of 20 years (the "Initial Levy Period") in addition to the services provided by and to the City of Chicago generally; and
WHEREAS, the Initial Levy Period expired; and
WHEREAS, on December 8, 2010, the City Council of the City of Chicago (the "City Council") enacted an ordinance (the "Establishment Ordinance") which again established an area known and designated as City of Chicago Special Service Area Number 13 (the "Area") and authorized the levy of an annual tax, for the period beginning in 2010 through and including 2029, not to exceed an annual rate of one and nine tenths percent (1.9%) of the equalized assessed v...
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