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TO: Mayor Robert J. O’Connor
FROM: Brian W. Caputo, Chief Financial Officer/City Treasurer
DATE: November 30, 2016
SUBJECT:
Ordinance Providing for the Termination of Special Service Area 34B in the City of Aurora Established Pursuant to Ordinance No. O96-43 on April 23, 1996.
PURPOSE:
To terminate Special Service Area 34B in accordance with the terms of the establishing Ordinance.
BACKGROUND:
Per Ordinance No. O96-43 passed on April 23, 1996, SSA #34B was established as an active SSA to pay for operation costs associated with the fire station.
DISCUSSION:
Since improvements that were to be funded through the SSA are paid for this SSA can be terminated.
IMPACT STATEMENT:
Failure to terminate the SSA might result in property owners being wrongly assessed on their 2017 tax bills.
RECOMMENDATIONS:
Place on Finance Committee Calendar (12/13/16 Agenda) for approval to City Council.
cc: Alderman O’Connor, Chairman
Alderman Mervine
Alderman Bohman
Alderman Mesiacos, Alternate
CITY OF AURORA, ILLINOIS
ORDINANCE NO. _________
DATE OF PASSAGE ________________
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An Ordinance Providing for the Termination of Special Service Area 34B in the City of Aurora Previously Established Pursuant to Ordinance O96-43 on April 23, 1996.
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WHEREAS, the City of Aurora has a population of more than 25,000 persons and is, therefore, a home rule unit under subsection (a) of Section 6 of Article VII of the Illinois Constitution of 1970; and
WHEREAS, subject to said Section, a home rule unit may exercise any power and perform any function pertaining to its government and affairs for the protection of the public health, safety, morals, and welfare; and
WHEREAS, the City of Aurora has heretofore established Special Service Area 34B in the City of Aurora pursuant to Ordinance No. O96-43, on April 23, 1996, authorizing a levy of an annual rate not to exceed One Dollar ($1.00) per One Hundred Dollars ($100.00) of the equalized assessed valuation of all property within said Special Service Area 34B for a maximum of twenty years; and
WHEREAS, the total cost of the project funded by Special Service Area 34B has been paid for in total and no further levy is needed.)
NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Aurora, Illinois, as follows:
SECTION 1: That Special Service Area 34B in the City of Aurora, previously established pursuant to Ordinance No. O96-43, is hereby terminated effective December 31, 2016, and there shall be no levy on property located in Special Service Area 34B for the 2016 levy year, payable in 2017, and thereafter.
SECTION 2: That a certified copy of this Ordinance be filed forthwith with the County Clerks of Kendall and Will Counties, Illinois.
ADOPTED this ____ day of , 2016, pursuant to a roll call vote as follows:
AYES:__________
NAYS:__________
ABSENT:________