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Record #: SO2012-8291   
Type: Ordinance Status: Passed
Intro date: 12/12/2012 Current Controlling Legislative Body: Committee on Budget and Government Operations
Final action: 5/8/2013
Title: Amendment of Municipal Code Section 11-12-540 regarding exemption from payment of water rates for certain not-for-profit organizations
Sponsors: Austin, Carrie M., Brookins, Jr., Howard
Topic: MUNICIPAL CODE AMENDMENTS - Title 11 - Utilities & Environmental Protection - Ch. 12 Water Supply & Service
Attachments: 1. O2012-8291.pdf, 2. SO2012-8291.pdf
SUBSTITUTE

ORDINANCE


BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:


SECTION 1. Section 11-12-540 of the Municipal Code of Chicago is hereby amended by deleting the language stricken through and by inserting the language underscored, as follows:

11-12-540 Exemptions from charges.
(a) The comptroller shall exempt from the payment of water rates the property enumerated in this subsection (a) if the account for such property is controlled by meter, as follows. If the account for such property is not controlled by meter, no exemption shall apply.

(Omitted text is unaffected by this ordinance)
All hospitals Hospitals located within the corporate limits of the City that are operated by the Cook County government shall be exempt from payment of 100% of the water service charge.
Except as otherwise provided in item paragraph (5) of this subsection (a), all not-for-profit disproportionate share hospitals located within the corporate limits of the City shall be exempt from payment of 60?/o of the water service charge in 2012, 40% of the water service charge in 2013, and 30% at least 25% of the water service charge in 2014 and thereafter, if such not-for-profit hospital qualifies for a disproportionate share adjustment consistent with Section 148.120 of Subchapter d of Chapter I of Title 89 of the Illinois Administrative Code, as amended, codified at 89 111. Adm. Code ยง 148.120. Provided, however, that in 2014 and thereafter, if such disproportionate share hospital has net assets or fund balances of:

(j) less than One Million Dollars ($1,000,000.00) at the end of the tax year or calendar year immediately preceding the calendar year in which the exemption from payment of the water service charge is being claimed, such disproportionate share hospital shall be exempt from payment of 100% of the water service charge;

(H) One Million Dollars ($1.000.000.00) or more but less than Ten Million Dollars ($10,000,000.00) at the end of the tax year or cal...

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