2004-015ORDINANCE NO. 2004- 15
AN ORDINANCE ABATING SPECIAL SERVICE AREA TAXES LEVIED FOR THE
VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS
WHEREAS, the Village did on the 1st day of December, 2003 pass and approve Ordinance No. 2003 -78,
(Section 12) which ordinance provided for the levy of a direct tax for the year 2003 for Special Service Area debt service
purposes in the Village of Buffalo Grove, in the amount of $1,808,870.00, a certified copy of which was filed with the
County Clerks of Cook and Lake Counties, Illinois and;
WHEREAS, the Village has sufficient funds on hand to pay a portion of the amount, of the taxes
levied in section, as identified below, of Ordinance No. 2003 -78 the fiscal year commencing May 1st, 2003.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE
VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS the following:
Section 1. Section 12 reaffirmed the levies of a direct tax on all property in Village of Buffalo Grove Special
Service Areas No 1, 2 and 3 all in accordance with the Illinois Revenue Code (Chapter 35, ILCS, Section 200/27 -75 for
the repayment of principal and interest on Special Service Area General Obligation Bonds, in an amount equal to
$1,800,870.00. The Village has sufficient funds on hand to pay $366,018.00 of the above tax levied for the fiscal year
commencing May 151, and the levy of the entire $1,800,870.00 is unnecessary.
Therefore, the Village hereby authorizes and directs the County Clerks of Cook and Lake Counties, Illinois to levy only
$1,434,852.00 and abate and not spread the sum of $366,018.00 hitherto provided for and levied as follows:
Section 2. The Village Clerk is hereby authorized and directed to file a certified copy of this ordinance with the
County Clerks of Cook and Lake Counties, Illinois.
Section 3. This ordinance shall be in full force and effect from and after its passage and approval in the manner
provided by law. This ordinance shall not be codified.
AYES: 6 — Braiman, Glover, Berman, Johnson, Kahn, Trilling
NAYES: 0 - None
ABSENT: 0 - None
PASSED: January 5 ,2004 APPROVED: January 5 ,2004
i lage President
ATTEST:
-M . ci��
Vill Jerk
Levv
Abatement
Net Levy
Special Service Area #1:
$ 1,010,743.75
$ 286,417.75
$ 724,326.00
Ordinance No. 97 -24
Special Service Area #2:
319,137.50
40,110.50
279,027.00
Ordinance No. 94 -10
Special Service Area #3:
470,988.75
39,489.75
431,499.00
Ordinance No. 93 -78
Total
$ 1.800,870.00
$ 366,018.00
$1,434,852.00
Section 2. The Village Clerk is hereby authorized and directed to file a certified copy of this ordinance with the
County Clerks of Cook and Lake Counties, Illinois.
Section 3. This ordinance shall be in full force and effect from and after its passage and approval in the manner
provided by law. This ordinance shall not be codified.
AYES: 6 — Braiman, Glover, Berman, Johnson, Kahn, Trilling
NAYES: 0 - None
ABSENT: 0 - None
PASSED: January 5 ,2004 APPROVED: January 5 ,2004
i lage President
ATTEST:
-M . ci��
Vill Jerk
STATE OF ILLINOIS )
ss.
COUNTY OF COOK )
CERTIFICATE
I, Janet M. Sirabian, certify that I am the duly elected
and acting Village Clerk of the Village of Buffalo
Grove, Cook and Lake Counties, Illinois.
I further certify that on January 5, 2004 the
Corporate Authorities of the Village passed and
approved Ordinance No. 2004 -15 entitled: AN
ORDINANCE ABATING SPECIAL SERVICE
AREA TAXES LEVIED FOR THE VILLAGE OF
BUFFALO GROVE, COOK AND LAKE
COUNTIES, ILLINOIS which provided by its terms
that it should be published in pamphlet form.
The pamphlet form of Ordinance No. 2004 -15
including the Ordinance and a sheet thereof, was
prepared, and a copy of such Ordinance was posted
in and at the Village Hall, commencing January 6,
2004 and continuing for at least ten days thereafter.
Copies of such Ordinance were also available for
public inspection upon request in the Office of
Village Clerk.
Dated at Buffalo Grove, Illinois, this 6th day of
January, 2004.
Vil e Clerk
By
ORDINANCE NO. 2004- 15
AN ORDINANCE ABATING SPECIAL SERVICE AREA TAXES LEVIED FOR THE
VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS
WHEREAS, the Village did on the 1st day of December, 2003 pass and approve Ordinance No. 2003 -78,
(Section 12) which ordinance provided for the levy of a direct tax for the year 2003 for Special Service Area debt service
purposes in the Village of Buffalo Grove, in the amount of $1,808,870.00, a certified copy of which was filed with the
County Clerks of Cook and Lake Counties, Illinois and;
WHEREAS, the Village has sufficient funds on hand to pay a portion of the amount, of the taxes
levied in section, as identified below, of Ordinance No. 2003 -78 the fiscal year commencing May 1st, 2003.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE
VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS the following:
Section 1. Section 12 reaffirmed the levies of a direct tax on all property in Village of Buffalo Grove Special
Service Areas No 1, 2 and 3 all in accordance with the Illinois Revenue Code (Chapter 35, ILCS, Section 200/27 -75 for
the repayment of principal and interest on Special Service Area General Obligation Bonds, in an amount equal to
$1,800,870.00. The Village has sufficient funds on hand to pay $366,018.00 of the above tax levied for the fiscal year
commencing May I", and the levy of the entire $1,800,870.00 is unnecessary.
Therefore, the Village hereby authorizes and directs the County Clerks of Cook and Lake Counties, Illinois to levy only
$1,434,852.00 and abate and not spread the sum of $366,018.00 hitherto provided for and levied as follows:
Section 2. The Village Clerk is hereby authorized and directed to file a certified copy of this ordinance with the
County Clerks of Cook and Lake Counties, Illinois.
Section 3. This ordinance shall be in full force and effect from and after its passage and approval in the manner
provided by law. This ordinance shall not be codified.
AYES: 6 — Braiman, Glover, Berman, Johnson, Kahn, Trilling
NAYES: 0 - None
ABSENT: 0 - None
PASSED: January 5 ,2004 APPROVED: January 5 2004
ATTEST:
Vill. Jerk
i lage President
Levy
Abatement
Net Levy
Special Service Area #1:
$ 1,010,743.75
$ 286,417.75
$ 724,326.00
Ordinance No. 97 -24
Special Service Area #2:
319,137.50
40,110.50
279,027.00
Ordinance No. 94 -10
Special Service Area #3:
470,988.75
39,489.75
431,499.00
Ordinance No. 93 -78
Total
$ 1.800,870.00
$ 366,018.00
$1,434,852.00
Section 2. The Village Clerk is hereby authorized and directed to file a certified copy of this ordinance with the
County Clerks of Cook and Lake Counties, Illinois.
Section 3. This ordinance shall be in full force and effect from and after its passage and approval in the manner
provided by law. This ordinance shall not be codified.
AYES: 6 — Braiman, Glover, Berman, Johnson, Kahn, Trilling
NAYES: 0 - None
ABSENT: 0 - None
PASSED: January 5 ,2004 APPROVED: January 5 2004
ATTEST:
Vill. Jerk
i lage President