Office of the City Clerk - Record #: O2017-7031

• Record #: O2017-7031
• Type: Ordinance
• Status: Passed
• Intro date: 10/11/2017
• Current Controlling Legislative Body: Committee on Finance
• Final action: 11/8/2017
• Title: Scope of services, budget and management agreement for Special Service Area No. 2, Belmont/Central (Year 2018)
• Sponsors: Emanuel, Rahm
• Topic: SPECIAL SERVICE AREAS - S.S.A. No. 2 (Belmont/Central)

Date	Journal Page Number	Action By	Action	Result
11/11/2017		City Council	Published in Special Pamphlet
11/8/2017	58723	City Council	Passed	Pass
11/6/2017		Committee on Finance	Recommended to Pass
10/11/2017	55872	City Council	Referred

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., (the "Special Service Area Act") and pursuant to the Property Tax Code, 35 ILCS 200/1-1 et seq., as amended from time to time; and

WHEREAS, on June 30, 1982, 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 March 25,1983, as further amended by an ordinance enacted by the City Council on September 18,1984, as further amended by an ordinance enacted by the City Council on June 14, 1995, (collectively, the "Establishment Ordinance") which established an area known and designated as City of Chicago Special Service Area Number 2 (the "Area") and authorized the levy of an annual tax not to exceed an annual rate of one and one-half percent (1.5%) of the equalized assessed value of the taxable property therein (the "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 "Special Services"); and
WHEREAS, certain funds in Fund 324 ("Fund 324") in the amount of $26,242 are available for use in connection with the Area; and
, WHEREAS, the Establishment Ordinance established the Area as that territory approximately bounded by Henderson Street on the north, George Street on the south and fronting on Central Avenue on both east and west sides; and Long Avenue on the east, Austin Avenue on the west, and fronting on Belmont Avenue on both north and south sides; and

WHEREAS, the Special Services authorized in the Establishment Ordinance included the maintenance, operation, and upkeep of an automobile parking facility and such other services as will tend to promote, assist or preserve the businesses located within, and foster commercial and economic de...