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This record contains private information, which has been redacted from public viewing.
Record #: O2018-8094   
Type: Ordinance Status: Passed
Intro date: 10/31/2018 Current Controlling Legislative Body: Committee on Finance
Final action: 11/14/2018
Title: Amendment of appropriation, tax levy and service provider agreement for Special Service Area No. 21-2016, Lincoln Square (Year 2018)
Sponsors: Emanuel, Rahm
Topic: SPECIAL SERVICE AREAS - S.S.A. No. 21-2016
Attachments: 1. O2018-8094.pdf, 2. O2018-8094 (V1).pdf

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 14, 2016, 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 21-2016 (the "Area") and authorized the levy of an annual tax, for the period beginning in 2016 through and including 2030, not to exceed an annual rate of 0.400 percent 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 156 ("Fund 156") in the amount of $3,400 are available for use in connection with the Area; and

WHEREAS, the Establishment Ordinance established the Area as that territory consisting approximately of the area on both sides of Lincoln Avenue from Foster Avenue on the north to Montrose Avenue on the south; both sides of Lawrence Avenue from Virginia Avenue on the west to Leavitt Street on the east; both sides of Western Avenue from Ainslie Street on the north to Montrose Avenue on the south; and the north side of Montrose Avenue from the North Branch Chicago River on the west to Leavitt Street on the east; 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 developm...

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