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Record #: O2018-6907   
Type: Ordinance Status: Passed
Intro date: 9/17/2018 Current Controlling Legislative Body: Committee on Finance
Final action: 9/20/2018
Title: Scope of services, budget and management agreement for Special Service Area No. 31, Greater Ravenswood (Year 2019)
Sponsors: Dept./Agency
Topic: SPECIAL SERVICE AREAS - S.S.A. No. 31 (Greater Ravenswood)
Attachments: 1. O2018-6907.pdf
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 December 8, 2004, the City Council of the City of Chicago (the "City Council") enacted an ordinance (the "First Ordinance") which established an area known and designated as City of Chicago Special Service Area Number 31 (the "First Area") and authorized the levy of an annual tax for the period beginning in tax year 2004 through and including tax year 2013 (the "First Services Tax") in an amount not to exceed an annual rate of thirty-five one-hundredths of one percent (0.35%) of the equalized assessed value of the taxable property therein to provide certain special services in and for the First Area in addition to the services provided by and to the City of Chicago generally; and
WHEREAS, on November 12, 2008 the City Council enacted an ordinance (the "Second Ordinance") which reestablished an area known and designated as City of Chicago Special Service Area Number 31 with reconstituted boundaries (the "Original Area"), terminated the authorization to levy the First Services Tax, and authorized the levy of an annual tax, for the period beginning in tax year 2008 through and including tax year 2017 (the "Original Period"), not to exceed an annual rate of thirty-two one-hundredths of one percent (0.32%) 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 "Original Special Services"); and
WHEREAS, on November 21, 2017 the City Council enacted an ordinance (the "Enlargement Ordinance" which (i) enlarged the b...

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