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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 34A in the City of Aurora Established Pursuant to Ordinance No. O96-34 on April 9, 1996.
PURPOSE:
To terminate Special Service Area 34A in accordance with the terms of the establishing Ordinance.
BACKGROUND:
Per Ordinance No. O96-34 passed on April 9, 1996, SSA #34A was established as an active SSA to pay for operation costs associated with the fire station. The Ordinance provided that it would levy taxes for twenty (20) years to pay for the costs of these improvements. The improvements are paid for and the SSA is no longer required.
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 34A in the City of Aurora, Previously Established Pursuant to Ordinance No. O96-34 on April 9, 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 34A in the City of Aurora pursuant to Ordinance No. O...
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