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This record contains private information, which has been redacted from public viewing.
Record #: O2021-5255   
Type: Ordinance Status: Passed
Intro date: 11/17/2021 Current Controlling Legislative Body: Committee on Economic, Capital and Technology Development
Final action: 12/15/2021
Title: Extension of tax levy to Year 2035, increase of maximum taxable rate, and authorization of scope of services, budget and management agreement for Special Service Area No. 23, Clark St./Lincoln Park
Sponsors: Lightfoot, Lori E.
Topic: SPECIAL SERVICE AREAS - S.S.A. No. 23 (Clark Street-Lincoln Park)
Attachments: 1. O2021-5255.pdf, 2. O2021-5255 (V1).pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT MAYOR

November 17. 2021









TO TI LE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request ofthe Commissioner of Planning and Development,' 1 transmit herewith ordinances authorizing the term, budget, services and service provider agreements for various Special Service Areas.

Your favorable consideration of these ordinances will be appreciated.

ORDINANCE REGARDING SPECIAL SERVICE AREA #23

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 (the "Area') as indicated therein and authorized the levy of certain annual taxes beginning in 2008 through and including 2022 (the "Original Levy Period"), not to exceed the annual rate 0.309% (the "Levy Cap") indicated therein and as described on Exhibit A hereto, ofthe equalized assessed value ofthe taxable property therein to provide certain special services (the "Original Special Services"); in and for the Area in addjtion to the services provided by and to the City generally as specified in the Establishment Ordinance; and
WHEREAS, the City Council...

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