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This record contains private information, which has been redacted from public viewing.
Record #: O2019-7543   
Type: Ordinance Status: Passed
Intro date: 9/18/2019 Current Controlling Legislative Body: Committee on Economic, Capital and Technology Development
Final action: 10/16/2019
Title: Tax levy, budget and service provider agreement for Special Service Area No. 1-2015, State Street (Year 2020)
Sponsors: Lightfoot, Lori E.
Topic: SPECIAL SERVICE AREAS - S.S.A. No. 1-2015 (State Street)
Attachments: 1. O2019-7543.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR
September 18, 2019










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


Ladies and Gentlemen:

At the request ol" the Commissioner of Planning and Development, I transmit herewith ordinances authorizing public hearings for, and renewals of, various Special Service Areas.

Your favorable consideration of these ordinances will be appreciated.

ORDINANCE
i
WHEREAS, special service areas may be established pursuant to (i) Article VII, Sections 6(1) and 7(6) of the Constitution of the State of Illinois, (ii) 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 (iii) the Property Tax Code, 35 ILCS 200/1-1 et seq., as amended from time to time; and

WHEREAS, on December 9, 2015, the City Council of the City of Chicago (the "City Council") enacted an ordinance (the "Establishment Ordinance") which was published in the Journal of Proceedings of the City Council for such date at pages 14717 through 14737, and which established an area known and designated as City of Chicago Special Service Area Number 1 -2015 (the "Area") and authorized the levy of an annual tax, for the period beginning in 2015 through and including 2029, not to exceed an annual rate of 0.575 percent (0.575%) ofthe 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 (the "City") generally (the "Special Services"); and

WHEREAS, the Establishment Ordinance established the Area as that territory consisting approximately ofthe area on both sides of State Street from Wacker Drive on the north to Congress Parkway on the south, extending west to Dearborn Street to include Block 37; and

WHEREAS, the Special Services authorized in the Establishment Ordinance include, but are not limited to: customer attraction, public way...

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