This record contains private information, which has been redacted from public viewing.
Record #: O2020-5875   
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: Tax levy, scope of special services, budget and management agreement for Special Service Area No. 75, Oak Street
Sponsors: Dept./Agency
Topic: SPECIAL SERVICE AREAS - S.S.A. No. 75 (Oak Street)
Attachments: 1. O2020-5875.pdf
Department of Planning and Development 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,

...A X

Maurice Cox Commissioner



















121 NOKTII LASALLE STltKKT. KOOM 1000. CHICAGO, ILLINOIS f,0602

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 (the "Code"); and
WHEREAS, the City Council of the City of Chicago (the "City Council") determines that it is in the best interests of the City of Chicago (the "City") to establish a special service area to be known and designated as Special Service Area Number 75 (the "Area") to provide certain special governmental services in addition to services provided generally by the City, all as further provided in this ordinance (the "Special Services"), and further determines to authorize the levy of an annual ad valorem real property tax in the Area for a period of ten (10) years sufficient to produce revenues required to provide those Special Services (the "Services Tax"); and
WHEREAS, the City Council desires to authorize the execution of an agreement with a service provider for the provision of the Special Services in and for the Area in fiscal year 2021.; now, therefore,
Be It Ordained by the City Council of the City of Chicago:
SECTION 1. Incorporation of Preambles. The preambles of this ordinance are hereby incorporated herein as if set out herein in full.
SECTION 2. Findings. The City Council finds and declares as foll...

Click here for full text