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This record contains private information, which has been redacted from public viewing.
Record #: O2019-9309   
Type: Ordinance Status: Passed
Intro date: 12/3/2019 Current Controlling Legislative Body: Committee on Economic, Capital and Technology Development
Final action: 12/18/2019
Title: Scope of services, budget and management agreement for Special Service Area No. 45, 103rd Halsted (Year 2020)
Sponsors: Dept./Agency
Topic: SPECIAL SERVICE AREAS - S.S.A. No. 45 (103rd Street-Halsted)
Attachments: 1. O2019-9309.pdf
ORDINANCE


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 2, 2009, the City Council of the City of Chicago (the "City Council") enacted an ordinance (the "Original Ordinance") which was published in the Journal of Proceedings of the City Council (the "Journal") for such date at pages 80421 through 80432, and which established an area known and designated as City of Chicago Special Service Area Number 45 (the "Original Area") and authorized the levy of an annual tax, for the period beginning in 2009 through and including 2018 (the "Original Period"), not to exceed an annual rate of three percent (3%) of the equalized assessed value of the taxable property therein (the "Original 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 14, 2018, the City Council enacted an ordinance (the "Enlargement Ordinance") which was published in the Journal for such date at pages 90628 through 90645, and which (i) enlarged the boundaries of the Original Area (as enlarged, the "Area"), (ii) authorized certain special services in the Area distinct from the Original Special Services (the "Special Services"), (iii) decreased the maximum rate of the Original Services Tax from an annual rate of 3.0% to 2.0% of the equalized assessed value of the taxable property within the Area (the "Services Tax"), and (iv) authorized the extension of the time period for which the levy of the Services Tax is authorized within the Area from the Original Period to a period from the year 2018 through and including the yea...

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