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This record contains private information, which has been redacted from public viewing.
Record #: O2014-8046   
Type: Ordinance Status: Failed to Pass
Intro date: 10/8/2014 Current Controlling Legislative Body: Committee on Finance
Final action: 5/20/2015
Title: Scope of services, budget and management agreement for Special Service Area No. 43 (Year 2015)
Sponsors: Emanuel, Rahm
Topic: SPECIAL SERVICE AREAS - S.S.A. No. 43 (Devon Avenue)
Attachments: 1. O2014-8046.pdf
Related files: R2015-407
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
October 8, 2014









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


Ladies and Gentlemen:

At the request of the Commissioner of Planning and Development, I transmit herewith ordinances authorizing a scope of services, 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; and

WHEREAS, on November 1, 2006, the City Council of the City of Chicago (the "City Council") enacted an ordinance (the "Establishment Ordinance") which established an area known and designated as City of Chicago Special Service Area Number 43 (the "Area") and authorized the levy of an annual tax, for the period beginning in tax year 2006 through and including tax year 2015 (the "Original Period") not to exceed an annual rate of 0.40% of the equalized assessed value of the taxable property therein (the "Original 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 "Original Special Services"); and

WHEREAS, the City Council finds that it is in the best interests of the City (i) to authorize certain special services in the Area distinct from the Original Special Services (the "Special Services"), and (ii) to authorize the extension of the Original Period and of the levy of the Original Services Tax for the provision of the Special Services in the Area for a period through and including tax year 2028, and (iii) to increase the maximum rate of ...

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