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Record #: O2018-6915   
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. 60, Albany Park (Year 2019)
Sponsors: Dept./Agency
Topic: SPECIAL SERVICE AREAS - S.S.A. No. 60 (Albany Park)
Attachments: 1. O2018-6915.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 11, 2013, 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 60 (the "Area") and authorized the levy of an annual tax, for the period beginning in 2013 through and including 2022, not to exceed an annual rate of 0.425 percent 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, the Establishment Ordinance established the Area as that territory consisting approximately of the area on Lawrence Avenue from the North Channel to Kimball, Montrose Avenue from the North Channel to Central Park, Kedzie Avenue from Ainslie to Irving Park Road, and Irving Park Road from Spaulding to Sacramento; and

WHEREAS, the Special Services authorized in the Establishment Ordinance include, but are not limited to: customer attraction, public way aesthetics, sustainability and public place enhancements, economic/business development, safety programs, and other activities to promote commercial and economic development; and

WHEREAS, the Establishment Ordinance provided for the appointment of the Albany Park Special Service Area Commission (the "Commission") to advise the City Council regarding the amount of the Services Tax to be levied and for the purpose of recommending to the City Council: (1) a yearly budget based upon the cost ...

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