Office of the City Clerk - Record #: O2016-7353

• Record #: O2016-7353
• Type: Ordinance
• Status: Passed
• Intro date: 10/5/2016
• Current Controlling Legislative Body: Committee on Finance
• Final action: 11/1/2016
• Title: Budget and service provider agreement for Special Service Area No. 26, Edgewater Commerical District (Year 2017)
• Sponsors: Emanuel, Rahm
• Topic: SPECIAL SERVICE AREAS - S.S.A. No. 26 (Edgewater)

Date	Journal Page Number	Action By	Action	Result
11/4/2016		City Council	Published in Special Pamphlet
11/1/2016	35070	City Council	Passed	Pass
10/31/2016		Committee on Finance	Recommended to Pass	Pass
10/5/2016	32537	City Council	Referred

OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL Mayor
October 5, 2016









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


Ladies and Gentlemen:

I transmit herewith ordinances authorizing a scope of serv ices, budget and management agreement for various Special Service Areas.

Your favorable consideration of these ordinances will be appreciated.

Mayor

Very truly yours,
ORDINANCE
Service Area Tax Law, 35 ILCS 200/27-5 et seq., as amended from time pursuant to the Property Tax Code, 35 ILCS 200/1-1 et seq., as amended

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
to time (the "Act") and from time to time; and
WHEREAS, on December 17, 2003, 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 26 (the "Original Area") and authorized the levy of an annual tax for the period beginning in tax year 2003 through and including tax year 2012, (the "Original Services Tax") not to exceed an annual rate of 0.475% of the equalized (assessed value of the taxable property therein to provide certain special services in and for the Original Area in addition to the services provided by and to the City of Chicago (the "City") generally; and

WHEREAS, on November 15, 2012, the City Council enacted an ordinance (the "Establishment Ordinance") which enlarged the boundaries of the Original Area known and designated as City of Chicago Special Service Area Number 26 (the "Arjea") and extended the number of years of the authorization of the levy of the Original Services Tax for a period beginning in 2012 and including tax year 2026, and increased the maximum annual rate [ofthe Original Services Tax to 0.55% of the equalized assessed value of the taxable property therein (the "Services Tax") to provide cer...