Record #: O2020-5871   
Type: Ordinance Status: Passed
Intro date: 12/7/2020 Current Controlling Legislative Body: Committee on Economic, Capital and Technology Development
Final action: 12/16/2020
Title: Extension on imposition of tax levy period, increase of tax levy, scope of services, budget, and management agreement for Special Service Area No. 54, Sheridan Road
Sponsors: Dept./Agency
Topic: SPECIAL SERVICE AREAS - S.S.A. No. 54 (Sheridan Road)
Attachments: 1. O2020-5871.pdf
of Planning and city of chicago



December 4, 2020



TO THE HONORABLE CHAIRMAN, GILBERT VILLEGAS AND MEMBERS OF THE COMMITTEE ON ECONOMIC, CAPITAL, AND TECHNOLOGY DEVELOPMENT


Ladies and Gentlemen:
I transmit herewith 27 ordinances for Special Service Areas.
Your favorable consideration of these ordinances will be appreciated.


Very truly yours,

V ,'-¦;.>..... _.,."\. .-. / /

Maurice Cox Commissioner



















121. NORTH J. \ S A I I, Ii STItKKT. KOOM IOOO. CHICAfiO, ILLINOIS f.0«02
ORDINANCE REGARDING SPECIAL SERVICE AREA #54

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, the City Council (the "City Council") of the City of Chicago (the "City") has previously enacted a certain ordinance on the date specified on Exhibit A attached hereto and hereby made a part hereof and published in the Journal of Council Proceedings (the "Journal") for such date at the pages specified on Exhibit A hereto, and amended on the date(s) specified on Exhibit A hereto and published in the Journal for such date(s) as specified on Exhibit A hereto (as amended from time to time, the "Establishment Ordinance") which established a certain special service area as indicated therein (the "Area") and authorized the levy of certain annual taxes, not to exceed the annual rate indicated therein of the equalized assessed value of the taxable property therein (the "Initial Services Tax") to provide certain special services in and for the Area in addition to the services provided by and to the City generally as specified in the Establishment Ordinance; and

WHEREAS, the City Council finds that it is in the best interests of the City to (i) authorize certain spe...

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