Office of the City Clerk - Record #: O2011-6407

• Record #: O2011-6407
• Type: Ordinance
• Status: Passed
• Intro date: 7/28/2011
• Current Controlling Legislative Body: Committee on Finance
• Final action: 9/8/2011
• Title: Tax levy, budget and service provider agreement for Special Service Area No. 1, State Street (Year 2011)
• Sponsors: Emanuel, Rahm
• Topic: SPECIAL SERVICE AREAS - S.S.A. No. 1 (State Street (Loop))

Date	Journal Page Number	Action By	Action	Result
10/5/2011		Office of the Mayor	Signed by Mayor
9/8/2011	5775	City Council	Passed	Pass
9/7/2011		Committee on Finance	Recommended to Pass	Pass
7/28/2011	3757	City Council	Referred

OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
July 28, 2011
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 an ordinance amending the work plan and budget for Special Service Area # 1 and associated management agreement.
Your favorable consideration of this ordinance will be appreciated.
Very truly yours,

Mayor
S:\SHARED\Finance\SSAs\SSA-2010\Mike-1 ,2,3\SSA1\Amendment\amended ord v5.doc
AMENDED 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 (the "Code"); and
WHEREAS, on July 7, 1977, 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 17, 1993, as further amended by an ordinance enacted by the City Council on December 21,1994, as further amended by an ordinance enacted by the City Council on December 11,1996 (collectively, the "Establishment Ordinance") which established an area known and designated as City of Chicago Special Service Area Number 1 (the "Area") and authorized the levy of an annual tax not to exceed an annual rate of .405 percent (.405%) 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, the Establishment Ordinance established the Area as that territory including those properties fronting on State Street between Wacker Drive and Congress Parkway...