Record #: O2012-7284   
Type: Ordinance Status: Passed
Intro date: 10/31/2012 Current Controlling Legislative Body: Committee on Finance
Final action: 11/15/2012
Title: Scope of services, budget and management agreement for Special Service Area No. 13, Stockyards (Year 2013)
Sponsors: Emanuel, Rahm
Topic: SPECIAL SERVICE AREAS - S.S.A. No. 13 (Stockyards)
Attachments: 1. O2012-7284.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR



October 31, 2012









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 scope of services, budget and management agreement for various Special Services 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 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%) ofthe equalized assessed value ofthe 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 e...

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