Record #: O2012-6763   
Type: Ordinance Status: Passed
Intro date: 10/3/2012 Current Controlling Legislative Body: Committee on Finance
Final action: 10/31/2012
Title: Scope of services, budget and management agreement for Special Service Area No. 18, North Halsted (Year 2013)
Sponsors: Emanuel, Rahm
Topic: SPECIAL SERVICE AREAS - S.S.A. No. 18 (North Halsted Street)
Attachments: 1. O2012-6763.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
October 3, 2012










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


Ladies and Gentlemen:

At the request ofthe Commissioner of Housing and Economic Development, I transmit herewith ordinances authorizing a scope of service, budget and management agreement for 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 (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 October 28, 1997, the City Council of the City of Chicago (the "City Council") enacted an ordinance which established an area known and designated as City of Chicago Special Service Area Number 18 (the "Initial Area") and authorized the levy of an annual tax, for the period beginning in tax year 1997 through and including tax year 2003. (the "Initial Levy Period"), not to exceed an annual rate of four tenths of one percent (0.4%) of the equalized assessed value of the taxable property in the Initial Area to provide certain special services in and for the Initial Area in addition to the services provided by and to the City of Chicago generally; and

WHEREAS, the Initial Levy Period has expired; and

WHEREAS, on November 3, 2004, the City Council enacted an ordinance which reestablished a special service area known and designated as City of Chicago Special Service Area Number 18 (the "Second Area") and authorized the levy of an annual tax for the period beginning in 2004 through and including 2013 (the "Second Levy Period"), not to exceed an annual rate of forty-two one-hundredths of one percent (.42%) of the equal...

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