City Council Packet 2013 01-15-13 (Special CC) I
Car o United City of Yorkville
00 800 Game Farm Road
EST -1 1836 Yorkville, Illinois 60560
Telephone : 630 -553 -4350
o Fax : 630 - 553 -7575
CAlM1�y$ON
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i
I
NOTICE
I, Mayor Gary J . Golinski, call a Special City Council meeting on Tuesday, January 15 , 2013 , at
7 : 00 p .m . , pursuant to the Open Meetings Act (5 ILCS 120/) . The agenda for this meeting shall
include the following :
1 . Call to Order
2 . Roll Call
3 . Establishment of Quorum
4 . Citizen Comments
5 , CC 2013 -06 SSA Abatement Ordinances
a. Ordinance Abating Special Service Area Taxes for Special Service Area
Number 2003 - 100 (Raintree Village Project) and Approving the Amended
Special Tax Roll
b . Ordinance Abating Special Service Area Taxes for Special Service Area
Number 2003 - 101 (Windett Ridge Project) and Approving the Amended
Special Tax Roll
c. Ordinance Abating Special Service Area Taxes for Special Service Area
Number 2004- 104 (Central Grande Reserve) and Approving the Amended
Special Tax Roll
d . Ordinance Abating Special Service Area Taxes for Special Service Area
Number 2004- 107 (Raintree Village II Project)
6 . Adjournment
Dated this 11 `h day of January, 2013 .
i
Mayor Gary J . Golinski
I
I
C United City of Yorkville
800 Game Farm Road
EST. 1836 Yorkville, Illinois 60560
o i � � � Telephone: 630-553-4350
Fax: 630-553-7575
<LE
AGENDA
SPECIAL CITY COUNCIL MEETING
Tuesday, January 15, 2013
7:00 p.m.
City Hall Council Chambers
1. Call to Order
2. Roll Call
3. Establishment of Quorum
4. Citizen Comments
5. CC 2013-06 SSA Abatement Ordinances
a. Ordinance Abating Special Service Area Taxes for Special Service Area Number 2003-
100 (Raintree Village Project) and Approving the Amended
Special Tax Roll
b. Ordinance Abating Special Service Area Taxes for Special Service Area Number 2003-
10 1 (Windett Ridge Project) and Approving the Amended
Special Tax Roll
c. Ordinance Abating Special Service Area Taxes for Special Service Area Number 2004-
104 (Central Grande Reserve) and Approving the Amended
Special Tax Roll
d. Ordinance Abating Special Service Area Taxes for Special Service Area
Number 2004-107 (Raintree Village II Project)
6. Adj ournment
Reviewed By: Agenda Item Number
6 Legal ❑ #5
Finance
EST. -� __ti 1838 Engineer ❑
-- City Administrator ❑ Tracking Number
m Human Resources ❑
3! �° =t� Community Development 1-1 q' Police ❑ CC 2013-06
44LE Public Works ❑
Parks and Recreation ❑
Agenda Item Summary Memo
Title: 2012 SSA Abatements
Meeting and Date: Special City Council January 15, 2013
Synopsis:
Council Action Previously Taken:
Date of Action: CC 1/$/13 Action Taken: Tabled
Item Number: CC 2013-06
Type of Vote Required: Majority
Council Action Requested: Approval
Submitted by: Bart Olson Administration
Name Department
Agenda Item Notes:
a. SSA 2003-100 (Raintree Village)
b. SSA 2003-101 (Windett Ridget)
c. SSA 2004-104 (Central Grande Reserve)
d. SSA 2004-107 (Raintree Village II)
Memorandum
To: City Council
EST. 183fi From: Bart Olson, City Administrator
CC:
Date: December 19, 2012
Subject: SSA abatement ordinances
JILL �►�.
Summary
Discussion of SSA abatement ordinances in Windett Ridge, Raintree Village, and Grande
Reserve. In short, residents in Raintree Village SSA unit 1(SSA 2003-100) are going to be paying about
$300 more than last year(15% increase). Residents in Raintree Village SSA unit 2 (SSA 2004-107)will
be paying $190 more (9% increase). Residents in Windett Ridge will be paying 13%more or$250.
Residents in Grande Reserve central unit will be paying 9%more or$150. Geographic boundaries of
each unit are included in the attached SSA administration reports.
Background
The City Council approves SSA abatement ordinances each year, on the recommendation of our
SSA administrator, as required by the various SSA bond agreements and trust indentures approved by
City Council at the time of the SSA creation. The SSA administrator reports for FY 14 property taxes
are attached for each subdivision, and are fairly descriptive. The first 20 or so pages of each contain
almost everything you need to know on the calculation for the SSA amounts. The short, detailed story is
that the vacant property owners in each development are not paying all of their SSA taxes,which causes
everyone else's SSA tax in the development to go up. The more detailed story is below.
SSAs were created as a financing mechanism for subdivisions. Rather than the developer paying
for the utility costs of the subdivisions out of pocket and folding the cost of those utilities into the sale
price of the home, many municipalities chose to enact SSA funding mechanisms. These SSA funding
mechanisms allowed the cost of the infrastructure to be bonded by the cities, and for the repayment of
those obligations to be put on a property tax bill for each subsequent property owner, including vacant
property owners. The fact that all landowners pay is a key point to remember at the end of this email.
This mechanism transferred the risk and burden of the cost of infrastructure off of the developer, which
made the homes more marketable because of the lower initial purchase price.
When the SSAs were created, the City approved various bond ordinances and agreements that
made certain promises to bondholders as to what would happen under various circumstances. Among
these promises were how the City would calculate the amount of the SSA taxes to be levied on each
individual property owner and what the City would have to do when property owners do not pay the
SSA taxes. Within the SSA funds are a reserve account (similar to our fund balance reserve)that can be
drawn upon in an emergency situation when there is not enough money to pay the debt service payments
to the bondholders each year. Unfortunately, the bond ordinances and agreements clearly state that use
of reserve funds are a last resort. We have sought a written opinion from the City Attorney and bond
underwriter as to our inability to use reserve funds at this time; verbally, they have confirmed that we
must proceed with the abatement ordinances as drafted this year.
Prior to the last resort of use of reserve funds is a mandatory increase in property taxes to all
parties within the subdivision, which is where we are at today. When the SSAs were created, there was
a maximum yearly levy amount established for each lot. This maximum levy amount is anywhere from
$2,000 to $2,400 depending on the subdivision. This maximum levy amount was calculated by the City
and its consultants so that the SSA special taxes would generate revenues that are 110% of debt service
to ensure that the debt service payments would still get made. Again, all of these calculations are in
place to ensure that the bond holder gets paid. The more security measures in place for the bondholder,
the cheaper the interest rate on the SSA and the easier it is to sell the bond outright.
The SSA is created when the City passes the initial SSA ordinance which sets the maximum
levy, and then files that with the County. Similar to our Rob Roy bond abatement discussion 2 years
ago, the City must tell the County to abate a portion of the SSA taxes - otherwise the County will just
levy the maximum amount in the original SSA ordinances. As stated above, the maximum amount in
the levy ordinance is higher than should ever be necessary in a normal year. So, in normal years where
all property owners make the property tax payments, the City abates an amount of SSA taxes and the
residents pay an SSA tax lower than the maximum. For the life of the SSAs, the residents have paid
anywhere from 75%to 90% of the maximum levy amounts.
This brings us to the delinquent property taxes by the vacant property owners; Morgan Stanley
Bank's LLC holding company in Raintree Village, Windett Ridge LLC in Windett Ridge, and US
Bank's LLC holding company in Grande Reserve. None of these entities made property tax payments
this year. By law, the County then put the property taxes up for sale to investors. No one bought the
property taxes for the vacant lots in Windett Ridge, Raintree Village, or Grande Reserve. We have been
told by the County Treasurer that this is the first time a large subdivision(let alone three of them)have
not had property taxes bought by investors. The basic property tax sale process is as follows:
1. The county publicly auctions off the unpaid property taxes to investors
2. The investors buy the unpaid property taxes and pay the County the amount of the unpaid taxes.
3. The investors are then allowed to lien the property for the amount of the unpaid property taxes
plus a large interest amount.
4. The lien must be cleared at time of property sale, and is very hard to get waived.
5. This makes the property tax sale a generally safe and lucrative investment to investors.
6. This also means that governmental entities almost always get property taxes within one calendar
year of the due date for the taxes.
What happens when nobody buys the property taxes? They carry forward to the next year, and the next
year, and so on. Meanwhile, the amount of the unpaid property taxes creates a hole in the SSA fund.
When the hole is created, everyone in the SSA unit has to cover the hole. While the increased amount
will also be levied on the vacant property owners who are not paying, we must assume in the
calculations that they will not pay the upcoming year. So, the residents pay more to cover for the non-
paying entities. Eventually, a property owner will take over and want to do something with the property
and will have to pay the unpaid property taxes. The good news is that in the case of the SSA taxes that
these unpaid amounts will replenish the SSA funds when they are paid and the levy calculation for the
following years will be significantly lower than they are now.
Some solace the residents in Windett Ridge and Raintree Village can take in this awful situation
is that this is the only substantial increase in SSA taxes they will see until the unpaid taxes get paid and
the SSA taxes then go down. The 236 homeowners in Raintree Village SSA unit 1 are at their
maximum levy amount. The 36 homeowners in Raintree Village Unit 2 are at their maximum levy this
year. The 80 homeowners in Windett Ridge are at their maximum levy as well. To note, the maximum
levy amount automatically increases 1.5%per year(about$34 per year on a$2,400 SSA tax payment).
Also, it is important to reiterate that when the unpaid SSA taxes are paid, the resident's SSA tax levy
will go down accordingly. The residents of Grande Reserve central will be levied a $1,962 SSA
property tax, which is still $366 below the maximum SSA property tax of$2,328. Thus, the possibility
exists for the Grande Reserve central residents that the property tax will go up again next year.
One option that the residents have is that they can prepay their SSA obligations at anytime. Each
resident would have to do their own analysis to see if it would be worth it. They should save money in
the long run, depending on whether they have cash on hand for the payoff amount or whether they can
get a low interest loan. A payoff analysis for a typical property owner is attached.
Anticipated questions and answers:
1) Can't we just abate a large amount and keep the SSA taxes low?
a. This is the same conversation we had during the Rob Roy sewer abatement
discussion. We could illegally pass an abatement ordinance to keep the taxes low, and
underfund the SSA debt service payment. Then, the bondholders would sue us and easily
win and the court would likely force us to increase the property taxes the next year to
make up for it. In this case, we'd also be out hundreds of thousands of dollars in
attorney's fees, and the residents of the subdivision would still be required to make the
higher property tax payment,which is not an acceptable solution.
2) Can't we takeover the property?
a. We already have this ability in Windett Ridge, due to our multi-million dollar
mowing fines and liens. Let's take Windett Ridge as the example—there are about 160
vacant lots owned by Windett Ridge LLC. Whoever owns these lots (even the City) must
pay the property taxes on the lot, including the $2,400 per lot SSA tax. So, we could go
through the foreclosure process (hundreds of thousands of dollars in attorney's fees), take
title to the property and then we would be responsible for a$384,000 SSA tax payment
each year on those 160 lots. Over the remainder of the SSA term(about 20 more years),
the City would be paying over$7 million for the 160 lots on about 60 acres; a$117,000
per acre valuation. I do not recommend this as a good investment for the City.
3) Can't we sue the property owner and force them to pay?
a. Possibly, and this is something the City would discuss in a closed session. From a
general standpoint, the litigation would be very costly, and payment may not be
guaranteed to the City, even if we win.
4) Can't we force the property owner to pay through other ways?
a. We've looked at a number of options related to removing land entitlements, but at
this time I can not recommend any as a likely successful solution.
5) Can't the residents refuse to pay the SSA taxes in protest?
a. They could, but they would risk losing their property through the property tax sale
process at the County.
6) Can't we refinance the SSA bonds to make the taxes cheaper?
a. We can, and we actually ran a refinancing scenario a few weeks ago. When we
contacted potential bond buyers for the refinancing, they told us they wouldn't touch it
because of the high rate of delinquent property taxes.
7) What else is the City doing to help?
a. The best solution is to have a progressive and business friendly approach to
community development. I would say through the downtown development, Countryside
development, BUILD program and our willingness to reduce impact fees and annexation
agreement obligations we are doing as much as we should, and more than most other
communities. Really, the best way out of this mess is to make Yorkville so attractive to
developers that someone comes in and develops the vacant property in the subdivisions.
Recommendation
SSA abatement ordinances do not have to approved by the City Council until the first meeting in
February. At this time, I see our options for deviating from the attached abatement ordinances as very
minimal,but something we can continue to work on for the next month
Yorkville SSA No. 2003-100 (Raintree Village 1)
Prepayment' Max TaxesZ
SFD $24,381.93 $54,649.00
Duplex $18,991.98 $44,734.00
Yorkville SSA No. 2003-101 (Windette Ridge)
Prepayment' Max TaxesZ
SFD $21,964.41 $50,669.00
Yorkville SSA No. 2004-104 (Central Grande Reserve)
Prepayment' Max TaxesZ
SFD $23,845.04 $56,975.00
Yorkville SSA No. 2004-107 (Raintree Village II)
Prepayment' Max TaxesZ
SFD $26,206.48 $60,158.00
Duplex $21,472.26 $49,247.00
Townhome $18,137.83 $41,563.00
'Valid through January 15, 2013. Assumes parcel is current on Levy Year 2011 special taxes.
2Sum of Maximum Parcel Special Taxes for Levy Years 2012 through term of bond.
LAW OFFICE
KATHLEEN FIELD ORR& ASSOCIATES
180 NORTH MICHIGAN AVENUE
SUITE 1040
CHICAGO,ILLINOIS 60601
(312)382-2113
(312)382-2127 facsimile
KATHLEEN FIELD ORR JAMES W.BINNINGER
kfoa,kfoassoc.com jwb(&kfoassoc.com
December 19, 2012
Bart Olson, City Administrator
United City of Yorkville
800 Game Farm Road
Yorkville, Illinois 60560
Re: Special Service Area 2003-100 (Raintree Village)
Special Service Area 2003-101 (Windett Ridge)
Special Service Area 2004-104 (Grand Reserve)
Special Service Area 2004-107(Raintree Village)
Dear Bart:
You have requested my legal opinion pertaining to the obligations of the City regarding the
levy of special real estate taxes on all parcels included in the referenced Special Service Areas. You
have further requested my opinion as to the liability of the City in the event the City abates a
percentage of the special real estate taxes which were levied upon said parcels contrary to the
recommendation included in the 2012 Administrative Report prepared by Davis Tausig&Associates
for each of the referenced Special Service Areas (the "2012 Report").
In 2003 and 2004,the United City of Yorkville,passed ordinances establishing the aforesaid
Special Service Areas and authorized the issuance of bonds to finance certain improvements,which
bonds were to be paid from taxes levied on each parcel of real property in accordance with a special
tax roll(the"Maximum Parcel Special Tax"). Pursuant to these ordinances,the City committed to
perform as follows:
1. On or before the last Tuesday of December of each year,the City must determine the
"special tax requirement"for each of the bonds issued for each of the Special Service
Areas. Special Tax Requirement is defined as the amount required in any year to pay
administrative expenses, debt service and delinquent special service area taxes,less
available funds.
2. To the extent funds in excess of the Special Tax Requirement are available, the
Maximum Parcel Special Tax shall be abated in the amount of the excess equal
percentages for each parcel.
Due to the commitment of the City as set forth in the"Special Tax Roll and Report"attached
to and made a part of each of the establishing ordinances, the City may only abate special taxes
where funds in excess of the Special Tax Requirement are in hand. For that reason,the City obtains
an report each year for each special service area in order to determine if a portion of the Maximum
Parcel Special Tax levy which was levied upon the issuance of the bonds for each of the areas may
be abated due to the availability of funds in excess of the Special Tax Requirement. There is no
doubt that if taxes for a special service area are abated by the City when the 2012 Report has
calculated such an abatement shall result in revenue insufficient to meet the Special Tax
Requirement, the City would be liable for such deficiency in violation of its own ordinances.
Very truly yours,
KATHLEEN FIELD ORR & ASSOCIATES
KATHLEEN FIELD ORR
KFO/kms
Ordinance No. 2013-
ORDINANCE ABATING SPECIAL SERVICE AREA TAXES
FOR SPECIAL SERVICE AREA NUMBER 2003-100
(RAINTREE VILLAGE PROJECT) AND
APPROVING THE AMENDED SPECIAL TAX ROLL
BE IT ORDAINED BY THE CITY COUNCIL OF THE UNITED CITY OF
YORKVILLE, KENDALL COUNTY, ILLINOIS, AS FOLLOWS:
Section 1. It is found and declared by the City Council of the United City of
Yorkville, Kendall County, Illinois (the "City"), as follows:
(a) The City Council of the City adopted Ordinance No. 2003-55 on
August 12, 2003 (the "Bond Ordinance") which: (i) provided for the issuance of
$7,150,000 of Special Service Area Number 2003-100 Special Tax Bonds, Series 2003
(Raintree Village Project) (the "Bonds"), of the United City of Yorkville, for the purpose
of paying for the costs of certain improvements benefiting the Special Service Area
Number 2003-100 (the "Special Service Area"); and (ii) provided for the levy of a
Special Tax upon all taxable property within the Special Service Area sufficient to pay
the principal of the Bonds for each year at maturity or mandatory sinking fund
redemption dates and to pay interest and Administrative Expenses of the Special Service
Area for each such year. The Bond Ordinance also authorized the City to abate the taxes
levied pursuant to such Ordinance to the extent the taxes levied exceeded the Special Tax
Requirement (as defined in the Bond Ordinance) as calculated pursuant to the Special
Tax Roll and Report for the Special Service Area (the "Special Tax Roll") prepared by
David Taussig & Associates, Inc. (the "Consultant").
(b) Pursuant to the Special Tax Roll, the Consultant of the City has
determined that the Special Tax Requirement for 2012 for the Bonds is $583,160.00 and
Ordinance No.2013-
Page 1
the 2012 Levy for Special Taxes is $583,160.00 (which complies with the Kendall
County tax billing requirement of rounding the per parcel special tax up to the nearest
even cent on single family property).
Section 2. Of the $642,880.00 of Special Taxes levied for calendar year 2012
pursuant to Section 6 of the Bond Ordinance $59,720.00 of such Special Taxes is hereby abated
resulting in a 2012 calendar year levy of$583,160.00.
Section 3. It is the duty of the County Clerk of Kendall County to abate those taxes
as provided in Section 2 of this Ordinance.
Section 4. The City Council of the City hereby approves the United City of Yorkville
Special Service Area Number 2003-100 Administration Report Levy Year 2012 dated December
7, 2012 prepared by David Taussig & Associates, Inc. and the 2012 Amended Special Tax Roll
attached to such report with such changes therein as are deemed necessary by the Mayor and the
City's consultant to reflect any changes in final parcel identification numbers.
Section 5. All ordinances, resolutions and orders or parts of ordinances, resolutions
and orders in conflict with this ordinance are repealed to the extent of such conflict. The City
Clerk shall cause this Ordinance to be published in pamphlet form. This Ordinance shall be in
full force and effect after passage and publication as provided by law.
Ordinance No.2013-
Page 2
Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this
day of , A.D. 2013.
City Clerk
ROSE ANN SPEARS DIANE TEELING
KEN KOCH JACKIE MILSCHEWSKI
CARLO COLOSIMO MARTY MUNNS
CHRIS FUNKHOUSER LARRY KOT
SIGNED by the Mayor this day of , 2013.
Mayor
ATTEST:
City Clerk
Published in pamphlet form January , 2013.
Ordinance No.2013-
Page 3
UNITED CITY OF YORKVILLE
♦��° c,T`
? � Q
EST. 1836
ALE �1.
SPECIAL SERVICE AREA NO.2003-100
ADMINISTRATION REPORT
LEVY YEAR 2012
DECEMBER 14,2012
Newport Beach
Riverside
San Francisco
Chicago
Dallas
�J FSDAVID TAUSSIG
& ASSOCIATES
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NO. 2003-100
2012 ADMINISTRATION REPORT
PREPARED FOR
UNITED CITY OF YORKVILLE
800 Game Farm Road
Yorkville, IL 60560
PREPARED BY
DAVID TAUSSIG&ASSOCIATES,INC.
Corporate Office
5000 Birch Street, Suite 6000
Newport Beach, California 92660
Division Offices
Riverside, California
San Francisco, California
Chicago, Illinois
Dallas, Texas
�J FSDAVID TAUSSIG
& ASSOCIATES
Table of Contents
Section Page
INTRODUCTION................................................................................................................................1
AUTHORIZED SPECIAL SERVICES......................................................................................................................1
BONDED INDEBTEDNESS......................................................................................................................................1
SPECIALTAXES......................................................................................................................................................2
I. SPECIAL TAX REQUIREMENT .....................................................................................................3
II. ACCOUNT ACTIVITY SUMMARY................................................................................................4
III. MAXIMUM,ABATED,AND EXTENDED SPECIAL TAXES ..........................................................7
IV. PRIOR YEAR SPECIAL TAX COLLECTIONS............................................................................10
2011 SPECIAL TAX RECEIPTS...........................................................................................................................10
TAXSALES AND FORECLOSURES ....................................................................................................................10
V. DEVELOPMENT STATUS...........................................................................................................11
EQUALIZED ASSESSED VALUE.........................................................................................................................11
VI. OUTSTANDING BONDS............................................................................................................12
BOND REDEMPTIONS FROM SPECIAL TAX PREPAYMENTS.......................................................................12
SPECIAL TAX PREPAYMENTS............................................................................................................................12
VII. EQUALIZED ASSESSED VALUE AND VALUE TO LIEN RATIO...............................................13
VIII. AD VALOREM PROPERTY TAX RATES................................................................................14
EXHIBIT A FUNDS AND ACCOUNTS
EXHIBIT B APPLICATION OF SPECIAL TAX
EXHIBIT C APPLICATION OF EARNINGS
EXHIBIT D SOURCES AND USES OF FUNDS
EXHIBIT E DEBT SERVICE SCHEDULE
EXHIBIT F AERIAL EXHIBIT OF SSA BOUNDARIES
EXHIBIT G SPECIAL TAX ROLL AND REPORT
EXHIBIT H 2012 AMENDED SPECIAL TAX ROLL
�J FSDAVID TAUSSIG
& ASSOCIATES
Introduction
This report calculates the 2012 special taxes required to pay annual debt service on the United
City of Yorkville (the "City") Special Service Area Number 2003-100 ("SSA No. 2003-100")
Special Tax Bonds, Series 2003 (Raintree Village Project) (the "Series 2003 Bonds") and
administrative expenses and apportions the special taxes to each taxable parcel within SSA No.
2003-100. Pursuant to the Special Service Area Act (the "Act"), the City Aldermen are the
governing body of SSA No. 2003-100. The City Aldermen must annually, prior to the last
Tuesday of December, approve by ordinance the special taxes to be collected, abate the
Maximum Parcel Special Taxes in excess of the special taxes to be collected, and direct the
County Clerk of Kendall County to extend the special taxes for collection. The special taxes will
be billed on the tax bill for ad valorem property taxes.
SSA No. 2003-100 was established by Ordinance No. 2003-54 (the 'Establishing Ordinance"),
adopted on August 12, 2003. The Establishing Ordinance authorized SSA No. 2003-100 to
provide special services, issue bonds, and levy a special tax to repay the bonds.
Authorized Special Services
The authorized special services include:
• Engineering;
• Soil testing and appurtenant work;
• Mass grading and demolition;
• Storm water management facilities;
• Storm drainage systems and storm sewers;
• Site clearing and tree removal;
• Public water facilities;
• Sanitary sewer facilities;
• Erosion control measures;
• Roads, streets, curbs, gutters, street lighting, traffic controls, sidewalks, equestrian
paths and related street improvements, equipment and materials necessary for the
maintenance thereof,
• Landscaping, wetland mitigation and tree installation;
• Costs for land and easement acquisitions relating to any of the foregoing
improvements; and
• Required tap-on and related fees for water or sanitary sewer services and other
eligible costs.
Bonded Indebtedness
The Establishing Ordinance specified that not more than $15,000,000 in bonds may be issued by
SSA No. 2003-100. Ordinance No. 2003-55 (the 'Bond Ordinance"), adopted on August 12,
2003 approved the form of a trust indenture and preliminary limited offering memorandum and
provided for the issuance of not more than $8,000,000 in Series 2003 Bonds. The Series 2003
United City of Yorkville SSA No. 2003-100 Page 1
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
Bonds were issued in the amount of $7,150,000 in September 2003. The current debt service
schedule is attached hereto as Exhibit E and a brief summary of any optional redemption of
bonds is contained in Section VI herein.
Special Taxes
The Establishing Ordinance incorporates the United City of Yorkville Special Service Area
Number 2003-100 Special Tax Roll and Report (the "Special Tax Roll and Report"). The
Special Tax Roll and Report sets forth the Maximum Parcel Special Taxes which have been
levied for the payment of principal of and interest on the Series 2003 Bonds and the
administration and maintenance of SSA No. 2003-100 and is attached hereto as Exhibit G. A
table of the Maximum Parcel Special Taxes is included in Section III herein.
United City of Yorkville SSA No. 2003-100 Page 2
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
I. Special Tax Requirement
The SSA No. 2003-100 2012 Special Tax Requirement is equal to $583,160. As shown in Table
1 below, the 2011 Special Tax Requirement is equal to the sum of the Series 2003 debt service
for the twelve months ending March 1, 2013, estimated administrative expenses, and the
contingency for estimated delinquent special taxes and to replenish the reserve fund as shown in
Table 3 below.
TABLE I
SPECIAL SERVICE AREA NO 2003-100
2012 SPECIAL TAX REQUIREMENT
SOURCES OF FUNDS $583,160
Prior Year Surplus $0
Earnings $0
Special Taxes
Billed $583,160
USES OF FUNDS ($583,160)
Debt Service
Interest - 09/01/2013 ($215,806)
Interest - 03/01/2014 ($215,806)
Principal- 03/01/2014 ($96,000)
Administrative Expenses ($29,500)
Delinquent Special Taxes ($25,880)
Reserve Fund Replenishment ($168)
Projected Surplus/(Deficit) - 09/01/2013
United City of Yorkville SSA No. 2003-100 Page 3
2012 Administration Report December 14, 2012
�J PSDAVID TAUSSIG
& ASSOCIATES
H. Account Activity Summary
The Trust Indenture for the Series 2003 Bonds (the "2003 Indenture") establishes five funds and
three accounts. The five funds are the Bond and Interest Fund, Reserve Fund, Improvement
Fund, Administrative Expense Fund, and Rebate Fund. Within the Bond and Interest Fund are
the Capitalized Interest Account and Special Redemption Account. Within the Improvement
Fund is the Cost of Issuance Account. A diagram of the funds and accounts is included herein as
Exhibit A.
Money held in any of the funds and accounts can be invested at the direction of the City and in
conformance with the limitations set forth in the 2003 Indenture. Investment interest earnings, if
any, will generally be applied to the fund or account for which the investment is made.
Diagrams of the application of special taxes and earnings are attached as Exhibits B and C,
respectively.
A summary of account activity for the twelve months ending August 31, 2012 is shown in Table
2 below. A monthly summary of account activity is attached as Exhibit D.
United City of Yorkville SSA No. 2003-100 Page 4
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
TABLE 2
SPECIAL SERVICE AREA NO 2003-100
TRANSACTION SUMMARY
SPECIAL
ADNHNISTRATIVE BOND AND REDEMPTION
EXPENSE FUND RESERVE FUND INTEREST FUND FUND
SOURCES OF FUNDS-ACTUAL
Beginning Balance-09/01/2011 $2,779 5676,252 $394,464 $26,441
Earnings $3 $21,867 $44 S I
Special Taxes
Prior Year(s) $0 $0 $147,840 $0
Levy Year 2011 $0 $0 $277,351 $0
Miscellaneous $0 $0 $0 SO
USES OF FUNDS-ACTUAL
Account Transfers $0 ($32,819) $30,319 $2,500
Administrative Expense Transfers
Fiscal Year 2011 Prefunding $0 $0 $0 $0
Fiscal Year 2011 Budget $18,491 $0 ($18,393) ($98)
Debt Service
Interest- 09/01/2011 $0 $0 ($222,784) SO
Interest- 03/01/2012 $0 $0 ($221,925) SO
Principal- 03/01/2012 $0 $0 ($70,000) SO
Bond Redemptions/Prepayments
Receipts $0 $0 $0 $23,688
Principal Redemption $0 $0 $0 ($51,000)
Redemption Premium $0 $0 $0 ($1,530)
Refund to Property Owners $0 $0 ($1,159) $0
Administrative Expenses 1 ($17,108)1 $0 I $0 I SO
Ending Balance -08/31/2012 $4,165 $665,300 $315,756 $1
The calculation of the estimated 2012 bond year-end fund balances and excess reserve funds is
shown in Table 3 below.
United City of Yorkville SSA No. 2003-100 Page S
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
TABLE 3
SPECIAL SERVICE AREA NO 2003-100
ESTIMATED 2013 BOND YEAR-END FUND BALANCES
SEPTEMBER 1, 2012 THROUGH MARCH 1,2013
SPECIAL
ADMINISTRATIVE BOND AND REDEMPTION
EXPENSE FUND RESERVE FUND INTEREST FUND FUND
SOURCES OF FUNDS-PROJECTED
Beginning Balance-08/31/2012 $4,165 5665,300 $315,756 S1
Earnings $0 $21,812 SO SO
Special Taxes
Prior Year(s) $0 $0 $0 $0
Levy Year 2011 $0 $0 $178,913 $0
USES OF FUNDS-PROJECTED
Account Transfers $0 ($24,412) $24,412 SO
Administrative Expense Transfers
Levy Year 2012 Prefunding $0 $0 $0 SO
Levy Year 2011 Budget $0 $0 $0 SO
Debt Service
Interest- 09/01/2012 $0 $0 ($218,625) $0
Principal- 03/01/2013 $0 $0 ($82,000) SO
Interest- 03/01/2013 ($218,625)
Administrative Expenses
Remaining Levy Year 2011 Expenses ($7,621) $0 $0 $0
Ending Balance-03/01/2013 ($3,455) $662,700 ($168) $1
Reserve Fund Requirement $0 ($662,700) $0 $0
Funds Not Eligible for Levy Surplus $0 $0 $0 ($1)
Projected Surplus/(Deficit) 03/01/2013 ($3,455) $0 ($168) $0
United City of Yorkville SSA No. 2003-100 Page 6
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
III. Maximum, Abated, and Extended Special Taxes
Pursuant to the Special Tax Roll and Report, the 2012 Maximum Parcel Special Taxes equal
$642,880. Subtracting the 2012 Special Tax Requirement of$583,160, results in an abatement
of$59,720. In accordance with the Special Tax Roll and Report the Maximum Parcel Special
Tax applicable to each Parcel in SSA 2003-100 is abated in equal percentages until the special
tax remaining equals the Special Tax Requirement.
The maximum, abated, and extended special tax for each special tax classification is shown in
Table 4 below. The Amended Special Tax Roll, which lists the maximum, abated, and extended
special tax for each parcel, is attached as Exhibit H. Note, the special tax levy and abatement
have been adjusted to reconcile with the special taxes set forth in the bond ordinance.
TABLE 4
SPECIAL SERVICE AREA NO 2003-100
MAXIMUM,ABATED AND EXTENDED SPECIAL TAX
MAXIMUM
PARCEL SPECIAL ABATED SPECIAL EXTENDED
SPECIAL TAX CLASSIFICATION TAXI TAX SPECIAL TAX
Single Family Dwelling Unit $2,363.00 $35.00 $2,328.00
Single Family Dwelling Unit- Prepaid $2,363.00 $2,363.00 $0.00
Duplex Dwelling Unit $1,935.00 $29.00 $1,906.00
Duplex Dwelling Unit- Prepaid $1,935.00 $1,935.00 $0.00
United City of Yorkville SSA No. 2003-100 Page 7
2012 Administration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
A comparison of the maximum and extended special tax amounts for 2012 and 2011 is shown in
Table 5 below.
TABLE S
SPECIAL SERVICE AREA NO 2003-100
COMPARISON OF MAXIMUM AND EXTENDED SPECIAL TAX
PERCENTAGE
SPECIAL TAX CLASSIFICATION LEVY YEAR 2012 LEVY YEAR 2011 CHANGE
Maximum Parcel Special Tax
Single Family Dwelling Unit 52,363.00 $2,328.00 1.5%
Duplex Dwelling Unit 51,935.00 $1,906.00 1.5%
Extended Special Tax
Single Family Dwelling Unit $2,328.00 $2,030.04 14.7%
Duplex Dwelling Unit $1,906.00 $1,661.90 14.71/.
The schedule of the remaining SSA No. 2003-100 Maximum Parcel Special Taxes is shown in
Table 6 on the following page. The Maximum Parcel Special Taxes escalate one and one-half
percent(1.50%) annually through 2031.
United City of Yorkville SSA No. 2003-100 Page 8
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
TABLE 6
SPECIAL SERVICE AREA NO 2003-100
MAXIMUM PARCEL SPECIAL TAXES
PER UNIT
LEVY COLLECTION SINGLE
YEAR YEAR AGGREGATE FAMILY DUPLEX
2012 2013 $642,880 $2,363 $1,935
2013 2014 $652,432 $2,398 $1,964
2014 2015 $662,184 $2,434 $1,993
2015 2016 $672,224 $2,471 $2,023
2016 2017 $682,264 $2,508 $2,053
2017 2018 $692,592 $2,546 $2,084
2018 2019 $702,920 $2,584 $2,115
2019 2020 $713,536 $2,623 $2,147
2020 2021 $724,152 $2,662 $2,179
2021 2022 $735,256 $2,703 $2,212
2022 2023 $746,160 $2,743 $2,245
2023 2024 $757,352 $2,784 $2,279
2024 2025 $768,744 $2,826 $2,313
2025 2026 $780,224 $2,868 $2,348
2026 2027 $791,904 $2,911 $2,383
2027 2028 $803,872 $2,955 $2,419
2028 2029 $815,840 $2,999 $2,455
2029 2030 $828,096 $3,044 $2,492
2030 2031 $840,552 $3,090 $2,529
2031 2032 $853,208 $3,137 $2,566
United City of Yorkville SSA No. 2003-100 Page 9
2012 Administration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
IV. Prior Year Special Tax Collections
The SSA No. 2003-100 special tax is billed and collected by Kendall County (the "County") in
the same manner and at the same time as general ad valorem property taxes. The City may
provide for other means of collecting the special tax, if necessary to meet the financial
obligations of SSA No. 2003-100.
2011 Special Tax Receipts
As of December 7, 2012 SSA No. 2003-100 2010 special tax receipts totaled $456,264.76.
Special taxes in the amount $52,244.64 are unpaid for delinquency rate of 10.27%. A
breakdown of the paid and unpaid special taxes by owner of record is shown in Table 7 below.
TABLE 7
SPECIAL SERVICE AREA NO 2003-100
2011 PAID AND UNPAID SPECIAL TAXESI
ToTAL UNPAID PERCENT
OWNER SPECIAL TAXES SPECIAL TAXES UNPAID
Homeowners $456,264.76 $0.00 0.00%
Developer] $52,244.64 $52,244.64 100.00%
Total $508,509.40 $52,244.64 10.27%
Tax Sales and Foreclosures
The lien and foreclosure remedies provided for in Article 9 of the Illinois Municipal Code shall
apply upon the nonpayment of the special tax. The City is not currently pursuing any
foreclosure actions.
Twenty (20) parcels were delinquent on November 13, 2012 and were presented for tax sale at
the Kendall County Annual Tax Sale held on November 14, 2012. The delinquent special taxes
for the twenty (20) delinquent parcels were not sold and remain unpaid.
1 Lennar Homes,LLC,MS Rialto Raintree Village IL
United City of Yorkville SSA No. 2003-100 Page 10
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
V. Developm en t Status
SSA No. 2003-100 is comprised of two hundred (200) single family homes and eighty-six (86)
duplex units which is consistent with the original projections. An aerial map of SSA No. 2003-
100 is attached as Exhibit F. The number of units in each plat is summarized in Table 8 below.
TABLE 8
SPECIAL SERVICE AREA NO 2003-100
LAND USE SUMMARY
PLAT RECORDED LAND USE NUMBER OF UNrrs
Unit 1 Yes Single Family 100
Unit 2 Yes Single Family 100
Unit 3 Yes Duplex 86
Total 286
Equalized Assessed Value
Equalized assessed value decreased in 2011 to $17,983,063. The average assessed value for a
single-family dwelling unit equals $72,322. The average assessed value for a duplex dwelling
unit equals $45,697.
United City of Yorkville SSA No. 2003-100 Page 11
2012A din inistration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
VT Outstanding Bonds
The Series 2003 Bonds were issued in September 2003 as fixed rate bonds with an original
principal amount of $7,150,000. As of September 2, 2012, the outstanding principal was
$6,360,000. The current debt schedule adjusted for early redemptions from special tax
prepayments is attached herein as Exhibit E.
Bond Redemptions from Special Tax Prepayments
As a result of special tax prepayments received from property owners, $523,000 of the Series
2003 Bonds have been redeemed as shown in Table 9 below.
TABLE 9
SPECIAL SERVICE AREA NO 2003-100
SPECIAL MANDATORY BOND REDEMPTIONS
FROM SPECIAL TAX PREPAYMENTS
REDEMPTION DATE BONDS REDEEMED
September 1, 2005 $52,000
March 1, 2006 $175,000
March 1, 2007 $124,000
March 1, 2008 $69,000
March 1, 2010 $26,000
March 1, 2011 $26,000
September 1, 2011 $25,000
March 1, 2012 1 $26,000
Total Redeemed $523,000
Special Tax Prepayments
The SSA No. 2003-100 Maximum Parcel Special Tax may be prepaid and permanently satisfied,
or prepaid in part, provided that proceeds for any such prepayment are sufficient to permit the
redemption of Bonds in such amounts and maturities deemed necessary by the Administrator and
in accordance with the Bond Indenture. The prepayment calculation formula is set forth in the
Special Tax Roll and Report.
To-date, the Maximum Parcel Special Tax has been prepaid in full for fifteen single family
dwelling units and six duplex dwelling units. No partial prepayments have been received.
United City of Yorkville SSA No. 2003-100 Page 12
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
VII. Equalized Assessed Value and Value to Lien Ratio
The SSA No. 2003-100 Equalized Assessed Value and Value-to-Lien Ratio is shown in Table 10
below.
TABLE 10
SPECIAL SERVICE AREA NO 2003-100
EQUALIZED ASSESSED VALUE AND VALUE TO LIEN RATIO
2011
EQUALIZED 2011 OUTSTANDING VALUE To LIEN
ASSESSED VALUE APPRAISED VALUO BONDS' RATIO
$17,983,063 $53,949,189 $6,360,000 8.48:1
2 Source: Kendall County
3 Appraised Value is equal to three times the equalized assessed value.
4 As of September 2,2012
United City of Yorkville SSA No. 2003-100 Page 13
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
VIII. Ad Valorem Property Tax Rates
The 2011 general ad valorem tax rates for SSA No. 2003-100 are shown in Table 11 below.
TABLE 11
SPECIAL SERVICE AREA NO 2003-100
2011 AD VALOREM PROPERTY TAX RATES
City Rates' 0.704490'%,,
Corporate 0.35846%
I.M.R.F. 0.09182%
Police Protection 0.07142%
Police Pension 0.08996%
Garbage 0.00000%
Audit 0.00816%
Liability Insurance 0.00816%
Social Security/IMRF 0.06121%
School Crossing Guard 0.00510%
Unemployment Insurance 0.01020%
IMRF—Library 0.00000%
Social Security-Library 0.00000%
Rutland Townships 8.526510°/,,
County 0.69985%
Kendall Township 0.08577%
Forest Preserve 0.12047%
Library 0.30419%
School District CU-115 5.91012%
Junior College#516 0.47020%
Bristol Kendall Fire Protection District 0.71757%
Yorkville/Bristol Sanitary District 0.00000%
Kcndall Road District 0.21834%
Total Tax Rate 9.231000%
5 Source: Kendall County for Tax Codes KE003 and KE015.
United City of Yorkville SSA No. 2003-100 Page 14
2012 Administration Report December 14, 2012
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT A
UNITED CITY OF YORKVILLE SSA N0. 2003-100
FUNDS AND ACCOUNTS
United City of Yorkville
Special Service Area No. 2003-100
Funds and Accounts
SSA No. 2003-100
Funds/Accounts
Reserve Fund Bond and Rebate Fund Improvement Administrative
Interest Fund Fund Expense Fund
Capitalized Special Cost of Issuance
Interest Redemption Account
Account Account
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT B
UNITED CITY OF YORKVILLE SSA N0. 2003-100
APPLICATION OF SPECIAL TAX
United City of Yorkville
Special Service Area No. 2003-100
Application of Special Taxi
SSA No. 2003-100
Funds/Accounts
Bond and Rebate Fund Improvement Administrative
Reserve Fund Interest Fund 3 pFund Expense Fund
12 � 2
Capitalized Special Cost of Issuance
Interest Redemption Account
Account Account
1. Special Tax applied in sequence indicated.
2. In an amount sufficient to pay interest and principal on the Bonds.
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT C
UNITED CITY OF YORKVILLE SSA N0. 2003-100
APPLICA TION OFEARNINGS
United City of Yorkville
Special Service Area No. 2003-100
Application of Earnings'
SSA No. 2003-100
Funds/Accounts
Rebate Fund Bond and Reserve Fund2 Improvement Administrative
Interest Fun > Fund Expense Fund
Capitalized Special
Interest Redemption ost of Issuance
Acc unt Account Account
1. Earnings remain in fund or account from which they accrued unless otherwise indicated.
2. Reserve Fund earnings are transferred to the Improvement Fund until March 1, 2006 and to the Bond and
Interest Fund thereafter.
1
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT D
UNITED CITY OF YORKVILLE SSA No. 2003-100
SOURCES AND USES
United City of Yorkville Special Service Area No. 2003-100
Raintree Village - Series 2003
September 2011
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $2,779 $0 $0 $394,464 $0 $0 $174,822 $0 $26,440 $598,506
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $135,855 $0 $0 $10,906 $0 $0 $146,761
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $-0 $0 $0 $0 LO Lo Lo
TOTAL SOURCES $0 $0 $0 $135,855 $0 $0 $10,906 $0 $0 $146,761
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 ($222,784) $0 $0 $0 $0 $0 ($222,784)
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 ($25,750) ($25,750)
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $_0 $00 $0 $00 $0 $_0 Lo
TOTAL USES $0 $0 $0 ($222,784) $0 $0 $0 $0 ($25,750) ($248,534)
TRANSFERS $0 $0 $0 $5,852 $0 $0 ($5,852) $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:40
PAGE:96
United City of Yorkville Special Service Area No. 2003-100
Raintree Village - Series 2003
October 2011
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $2,779 $0 $0 $313,386 $0 $0 $179,876 $0 $690 $496,732
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $9,164 $0 $0 $0 $0 $0 $9,164
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $-0 $0 $0 $0 LO Lo Lo
TOTAL SOURCES $0 $0 $0 $9,164 $0 $0 $0 $0 $0 $9,164
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,614) $0 $0 $0 $0 $0 $0 $0 $0 ($2,614)
MISCELLANEOUS $0 $00 $0 $_0 $00 $0 $00 $0 $_0 Lo
TOTAL USES ($2,614) $0 $0 $0 $0 $0 $0 $0 $0 ($2,614)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:40
PAGE:97
United City of Yorkville Special Service Area No. 2003-100
Raintree Village - Series 2003
November 2011
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $165 $0 $0 $322,551 $0 $0 $179,876 $0 $690 $503,282
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $2,822 $0 $0 $0 $0 $0 $2,822
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $1 $0 $0 $0 $0 $0 $1
MISCELLANEOUS $0 $0 $0 $-0 $0 $0 $0 LO Lo
TOTAL SOURCES $0 $0 $0 $2,822 $0 $0 $0 $0 $0 $2,823
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($4,045) $0 $0 $0 $0 $0 $0 $0 $0 ($4,045)
MISCELLANEOUS $0 $00 $0 $_0 $00 $0 $00 $0 $_0 Lo
TOTAL USES ($4,045) $0 $0 $0 $0 $0 $0 $0 $0 ($4,045)
TRANSFERS $18,393 $0 $0 ($18,393) $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:40
PAGE:98
United City of Yorkville Special Service Area No. 2003-100
Raintree Village - Series 2003
December 2011
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $14,513 $0 $0 $306,980 $0 $0 $179,877 $0 $690 $502,060
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 ($1,159) $0 $0 $0 $0 $0 ($1,159)
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $-0 $0 $0 $0 LO LO Lo
TOTAL SOURCES $0 $0 $0 ($1,159) $0 $0 $0 $0 $0 ($1,159)
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $-0 $00 $0 $00 $0 $-0 Lo
TOTAL USES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:40
PAGE:99
United City of Yorkville Special Service Area No. 2003-100
Raintree Village - Series 2003
January 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $14,513 $0 $0 $305,820 $0 $0 $179,877 $0 $690 $500,901
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0 $0 $23,688 $23,688
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $3 $0 $0 $1 $0 $0 $4
MISCELLANEOUS $0 $0 $0 Lo $0 $0 $0 LO io_ Lo
TOTAL SOURCES $0 $0 $0 $3 $0 $0 $1 $0 $23,688 $23,692
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,947) $0 $0 $0 $0 $0 $0 $0 $0 ($2,947)
MISCELLANEOUS $0 $00 $0 $_0 $00 $0 $00 $0 $_0 Lo
TOTAL USES ($2,947) $0 $0 $0 $0 $0 $0 $0 $0 ($2,947)
TRANSFERS $98 $0 $0 $0 $0 $0 ($2,500) $0 $2,402 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:40
PAGE:100
United City of Yorkville Special Service Area No. 2003-100
Raintree Village - Series 2003
February 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $11,664 $0 $0 $305,823 $0 $0 $177,378 $0 $26,780 $521,645
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $4 $0 $0 $3 $0 $0 $7
MISCELLANEOUS $0 $0 $0 $-0 $0 $0 $0 LO Lo Lo
TOTAL SOURCES $0 $0 $0 $4 $0 $0 $3 $0 $0 $7
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $_0 $00 $0 $00 $0 $_0 Lo
TOTAL USES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:40
PAGE:101
United City of Yorkville Special Service Area No. 2003-100
Raintree Village - Series 2003
March 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $11,664 $0 $0 $305,827 $0 $0 $177,381 $0 $26,781 $521,653
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $10,906 $0 $0 $10,906
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $2 $0 $0 $7 $0 $0 $10
MISCELLANEOUS $0 $0 $0 $-0 $0 $0 $0 LO Lo Lo
TOTAL SOURCES $0 $0 $0 $2 $0 $0 $10,913 $0 $0 $10,916
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 ($291,925) $0 $0 $0 $0 $0 ($291,925)
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 ($26,780) ($26,780)
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $_0 $00 $0 $00 $0 $_0 Lo
TOTAL USES $0 $0 $0 ($291,925) $0 $0 $0 $0 ($26,780) ($318,705)
TRANSFERS $0 $0 $0 $13,511 $0 $0 ($13,511) $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:40
PAGE:102
United City of Yorkville Special Service Area No. 2003-100
Raintree Village - Series 2003
April 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $11,665 $0 $0 $27,415 $0 $0 $174,783 $0 $1 $213,863
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $1 $0 $0 $6 $0 $0 $8
MISCELLANEOUS $0 $0 $0 $-0 $0 $0 $0 LO Lo Lo
TOTAL SOURCES $0 $0 $0 $1 $0 $0 $6 $0 $0 $8
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,650) $0 $0 $0 $0 $0 $0 $0 $0 ($2,650)
MISCELLANEOUS $0 $00 $0 $_0 $00 $0 $00 $0 $_0 Lo
TOTAL USES ($2,650) $0 $0 $0 $0 $0 $0 $0 $0 ($2,650)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:40
PAGE:103
United City of Yorkville Special Service Area No. 2003-100
Raintree Village - Series 2003
May 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $9,015 $0 $0 $27,416 $0 $0 $174,790 $0 $1 $211,221
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $100,497 $0 $0 $0 $0 $0 $100,497
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $1 $0 $0 $9 $0 $0 $11
MISCELLANEOUS $0 $0 $0 $-0 $0 $0 $0 LO Lo Lo
TOTAL SOURCES $0 $0 $0 $100,499 $0 $0 $9 $0 $0 $100,508
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,250) $0 $0 $0 $0 $0 $0 $0 $0 ($2,250)
MISCELLANEOUS $0 $00 $0 $_0 $00 $0 $00 $0 $_0 Lo
TOTAL USES ($2,250) $0 $0 $0 $0 $0 $0 $0 $0 ($2,250)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
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PAGE:104
United City of Yorkville Special Service Area No. 2003-100
Raintree Village - Series 2003
June 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $6,765 $0 $0 $127,915 $0 $0 $174,798 $0 $1 $309,479
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $121,058 $0 $0 $0 $0 $0 $121,058
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $8 $0 $0 $11 $0 $0 $19
MISCELLANEOUS $0 $0 $0 $-0 $0 $0 $0 LO
TOTAL SOURCES $0 $0 $0 $121,067 $0 $0 $11 $0 $0 $121,078
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $-0 $00 $0 $00 $0 $-0 Lo
TOTAL USES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:40
PAGE:105
United City of Yorkville Special Service Area No. 2003-100
Raintree Village - Series 2003
July 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $6,766 $0 $0 $248,981 $0 $0 $174,809 $0 $1 $430,557
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $4,084 $0 $0 $0 $0 $0 $4,084
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $12 $0 $0 $9 $0 $0 $21
MISCELLANEOUS $0 $0 $0 5-0 $0 $0 $0 LO io_ Lo
TOTAL SOURCES $0 $0 $0 $4,096 $0 $0 $9 $0 $0 $4,105
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,601) $0 $0 $0 $0 $0 $0 $0 $0 ($2,601)
MISCELLANEOUS $0 $00 $0 $-0 $00 $0 $00 $0 $-0 Lo
TOTAL USES ($2,601) $0 $0 $0 $0 $0 $0 $0 $0 ($2,601)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:40
PAGE:106
United City of Yorkville Special Service Area No. 2003-100
Raintree Village - Series 2003
August 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $4,165 $0 $0 $253,077 $0 $0 $174,818 $0 $1 $432,060
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $51,712 $0 $0 $0 $0 $0 $51,712
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $12 $0 $0 $8 $0 $0 $20
MISCELLANEOUS $0 $0 $0 $-0 $0 $0 $0 LO io_ Lo
TOTAL SOURCES $0 $0 $0 $51,724 $0 $0 $8 $0 $0 $51,732
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $-0 $00 $0 $00 $0 $-0 Lo
TOTAL USES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
TRANSFERS $0 $0 $0 $10,956 $0 $0 ($10,956) $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:40
PAGE:107
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT E
UNITED CITY OF YORKVILLE SSA N0. 2003-100
DEBT SERVICE SCHEDULE
�DAVID TAUSSIG
& ASSOCIATES
United City of Yorkville
Community Facilities District No. 2003-100
Debt Service Schedule
Year Ending
(3/1) Payment Date Principal Interest Debt Service
2012 9/1/2011 $0 $222,784 $222,784
2012 3/1/2012 $70,000 $221,925 $291,925
2013 9/1/2012 $0 $218,625 $218,625
2013 3/1/2013 $82,000 $218,625 $300,625
2014 9/1/2013 $0 $215,806 $215,806
2014 3/1/2014 $96,000 $215,806 $311,806
2015 9/1/2014 $0 $212,506 $212,506
2015 3/1/2015 $110,000 $212,506 $322,506
2016 9/1/2015 $0 $208,725 $208,725
2016 3/1/2016 $126,000 $208,725 $334,725
2017 9/1/2016 $0 $204,394 $204,394
2017 3/1/2017 $139,000 $204,394 $343,394
2018 9/1/2017 $0 $199,616 $199,616
2018 3/1/2018 $157,000 $199,616 $356,616
2019 9/1/2018 $0 $194,219 $194,219
2019 3/1/2019 $176,000 $194,219 $370,219
2020 9/1/2019 $0 $188,169 $188,169
2020 3/1/2020 $196,000 $188,169 $384,169
2021 9/1/2020 $0 $181,431 $181,431
2021 3/1/2021 $219,000 $181,431 $400,431
2022 9/1/2021 $0 $173,903 $173,903
2022 3/1/2022 $243,000 $173,903 $416,903
2023 9/1/2022 $0 $165,550 $165,550
2023 3/1/2023 $268,000 $165,550 $433,550
2024 9/1/2023 $0 $156,338 $156,338
2024 3/1/2024 $296,000 $156,338 $452,338
2025 9/1/2024 $0 $146,163 $146,163
2025 3/1/2025 $325,000 $146,163 $471,163
2026 9/1/2025 $0 $134,991 $134,991
2026 3/1/2026 $357,000 $134,991 $491,991
2027 9/1/2026 $0 $122,719 $122,719
2027 3/1/2027 $391,000 $122,719 $513,719
2028 9/1/2027 $0 $109,278 $109,278
2028 3/1/2028 $425,000 $109,278 $534,278
2029 9/1/2028 $0 $94,669 $94,669
2029 3/1/2029 $462,000 $94,669 $556,669
2030 9/1/2029 $0 $78,788 $78,788
2030 3/1/2030 $506,000 $78,788 $584,788
2031 9/1/2030 $0 $61,394 $61,394
2031 3/1/2031 $548,000 $61,394 $609,394
2032 9/1/2031 $0 $42,556 $42,556
2032 3/1/2032 $594,000 $42,556 $636,556
2033 9/1/2032 $0 $22,138 $22,138
2033 3/1/2033 $644,000 $22,138 $666,138
$6,430,000 $6,708,659 $13,138,659
Outstanding Principal as of 03/02/2013 $ 6,2ZLOOOJI
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT F
UNITED CITY OF YORKVILLE SSA No. 2003-100
AERIAL EXHIBIT OF SSA BOUNDARIES
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�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT G
UNITED CITY OF YORKVILLE SSA No. 2003-100
SPECIAL TAX ROLL AND REPORT
UNITED CITY OF YORKVILLE
SPECIAL SERVICES AREA NUMBER 2003-100
SPECIAL TAX ROLL AND REPORT
September 4, 2003
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NUMBER 2003-100
SPECIAL TAX ROLL AND REPORT
Prepared for Prepared by
UNITED CITY OF YORKVILLE DAVID TAUSSIG& ASSOCIATES, INC.
800 Game Farm Road 1301 Dove Street, Suite 600
Yorkville, IL 60560 Newport Beach, CA 92660
(630) 553-7575 (949) 955-1500
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NUMBER 2003-100
SPECIAL TAX ROLL AND REPORT
TABLE OF CONTENTS
Section Page
I. INTRODUCTION....................................................................................................................1
II. DEFINITIONS........................................................................................................................1
III. SPECIAL SERVICE AREA DESCRIPTION..............................................................................3
A. BOUNDARIES OF SSA No. 2003-100............................................................................3
B. ANTICIPATED LAND USES.............................................................................................3
IV. SPECIAL SERVICES..............................................................................................................3
A. GENERAL DESCRIPTION................................................................................................4
B. ESTIMATED COSTS........................................................................................................4
C. ALLOCATION.................................................................................................................5
D. ALTERNATIVES, MODIFICATIONS, AND/OR SUBSTITUTIONS .......................................10
V. BOND ASSUMPTIONS..........................................................................................................11
VI. MAXIMUM PARCEL SPECIAL TAX....................................................................................11
A. DETERMINATION.........................................................................................................11
B. APPLICATION..............................................................................................................13
C. ESCALATION...............................................................................................................13
D. TERM..........................................................................................................................13
E. SPECIAL TAX ROLL AMENDMENT...............................................................................13
F. OPTIONAL PREPAYMENT.............................................................................................13
G. MANDATORY PREPAYMENT........................................................................................14
VII. ABATEMENT AND COLLECTION........................................................................................14
A. ABATEMENT ...............................................................................................................14
B. COLLECTION PROCESS................................................................................................14
C. ADMINISTRATIVE REVIEW..........................................................................................15
VIII. AMENDMENTS....................................................................................................................15
List of Exhibits
Exhibit A—Special Tax Roll
Exhibit B—Prepayment of the Maximum Parcel Special Tax
I. INTRODUCTION
Pursuant to the provisions of the Act and in accordance with the "Establishing
Ordinance" being Ordinance No. 2003-54 passed by the City Council of the United City
of Yorkville, County of Kendall, State of Illinois, on August 12, 2003 in connection with
the proceedings for Special Service Area Number 2003-100 (hereinafter referred to as
"SSA No. 2003-100"), this Special Tax Roll and Report of SSA No. 2003-100 (the
"Report") is herewith submitted and made part of the Establishing Ordinance.
II. DEFINITIONS
The terms used herein shall have the following meanings:
"Act" means the Special Service Area Tax Act, being 35 ILCS 200/27-5 et seq., as
amended.
"Administrative Expenses" means the following actual or reasonably estimated costs
permitted in accordance with the Act and directly related to the administration of SSA
No. 2003-100 and the Bonds as determined by the City or its designee: the costs of
computing the Special Taxes and of preparing the amended Special Tax Roll (whether by
the City or designee thereof or both); the costs of collecting the Special Taxes (whether
by the City, the County, or otherwise); the costs of remitting the Special Taxes to the
fiscal agent and/or trustee for any Bonds; the costs of the fiscal agent and/or trustee
(including its legal counsel) in the discharge of the duties required of it under the Bond
Indenture; the costs of the City or designee in computing the amount of rebatable
arbitrage, if any; the costs of the City or designee in obtaining ratings of the Bonds; the
costs of the City or designee in complying with the disclosure requirements of applicable
federal and state securities laws and of the Act, including, but not limited to, public
inquiries regarding the Special Taxes; the costs associated with the release of funds from
any escrow account or funds held pursuant to the Bond Indenture; and any termination
payments owed by the City in connection with any guaranteed investment contract,
forward purchase agreement, or other investment of funds held under the Bond Indenture.
Administrative Expenses shall also include amounts advanced by the City for any
administrative purpose of SSA No. 2003-100 including the costs of computing Special
Tax Bond Prepayment amounts, recording of lien satisfaction or other notices related to a
Special Tax Bond Prepayment or Mandatory Special Tax Prepayment, discharge or
satisfaction of Special Taxes; and the costs of commencing and pursuing to completion
any foreclosure action arising from and pursuing the collection of delinquent Special
Taxes and the reasonable fees of legal counsel to the City incurred in connection with all
of the foregoing.
"Administrator" means the designee of the City responsible for determining the Special
Taxes and assisting the City and the County in providing for the collection of the Special
Taxes, continuing disclosure, and any other administrative efforts related to SSA No.
2003-100.
"Bond Indenture" means the trust indenture and any supplemental indentures between
the City and the trustee named therein authorizing the issuance of the Bonds.
Special Tar Roll and Report Page 1
City of Yorkville Special Service Area No.2003-100 September 4, 2003
"Bonds" means any bonds or other debt, including refunding bonds, whether in one or
more series, issued by the City and secured by the Maximum Parcel Special Tax for SSA
No. 2003-100, the proceeds of which will be used to finance inter alia, all or a portion of
the public improvements.
"Calendar Year" means the twelve-month period starting January 1 and ending
December 31.
"City" means the United City of Yorkville, County of Kendall, State of Illinois.
"Council" means the Mayor and City Council, having jurisdiction over SSA No. 2003-
100.
"County" means the County of Kendall, Illinois.
"Duplex Property" means all Parcels within the boundaries of SSA No. 2003-100 on
which the eighty-eight duplex Dwelling Units have been, may be, or are anticipated to be
constructed as determined from any Preliminary Plat, or any Final Plat, as applicable.
"Dwelling Unit" means a residential dwelling unit.
"EDU" means an equivalent dwelling unit.
"Final Plat" means a final plat of subdivision approved by the City and recorded with
the County.
"Mandatory Special Tax Prepayment" means the Special Tax Bond Prepayment
required upon a reduction in the anticipated number of Dwelling Units as described more
fully in Section VI.G herein and calculated pursuant to Exhibit B attached hereto.
"Maximum Parcel Special Tax" means the maximum special tax, determined in
accordance with Section VI that can be collected by the City in any Calendar Year on any
Parcel. Maximum Parcel Special Taxes means the amount determined by multiplying the
greater of the actual or anticipated number of Duplex Property and Single-family
Property Dwelling Units by the applicable Maximum Parcel Special Tax.
"Maximum SSA Special Taxes" means the Maximum Parcel Special Taxes plus any
additional special taxes levied, in accordance with any supplemental ordinances adopted
by the City, that can be collected by the City in any Calendar Year.
"Parcel" means a lot or parcel within the boundaries of SSA No. 2003-100 shown on a
Final Plat and/or PIN Map.
"Partial Special Tax Bond Prepayment" means that amount required to partially
prepay the Maximum Parcel Special Tax computed pursuant to Exhibit B attached hereto.
"PIN Map" means an official map of the County Assessments Division or other
authorized County official designating parcels by permanent index number.
Special Tar Roll and Report Page 2
City of Yorkville Special Service Area No.2003-100 September 4,2003
"Preliminary Plat" means the preliminary subdivision plat for SSA No. 2003-100
approved by the City, as may be amended.
"Single-family Property" means all Parcels within the boundaries of SSA No. 2003-100
on which the two hundred single-family homes have been, may be, or are anticipated to
be constructed as determined from the Preliminary Plat, or any Final Plat, as applicable.
"Special Tax" means the special tax to be extended in each Calendar Year on each
Parcel.
"Special Tax Bond Prepayment" means that amount required to prepay the Maximum
Parcel Special Tax computed pursuant to Exhibit B attached hereto in order to fully
release the lien of the Maximum Parcel Special Tax.
"Special Tax Requirement" means that amount determined by the City or its designee
as required in any Calendar Year to pay: (1) the Administrative Expenses, (2) debt
service on any Bonds, (3) reasonably anticipated delinquent Special Taxes, (4) any
amount required to replenish any reserve fund established in connection with such Bonds,
(5) the costs of credit enhancement and fees for instruments that serve as the basis of a
reserve fund in lieu of cash related to any such Bonds and less (6) available funds as
directed under the Bond Indenture.
"Special Tax Roll" means the Special Tax Roll included herein as Exhibit A, as may be
amended pursuant to Section VI.E.
III. SPECIAL SERVICE AREA DESCRIPTION
A. Boundaries of SSA No. 2003-100
SSA No. 2003-100 consists of approximately one hundred sixty-five (165) acres
which is generally located south of State Route 71 between State Route 47 to the
west and State Route 126 to the east, the legal description for which is attached as
Exhibit D of the Establishing Ordinance.
B. Anticipated Land Uses
SSA No. 2003-100 is anticipated to consist of 200 single-family homes and 88
duplex Dwelling Units.
IV. SPECIAL SERVICES
SSA No. 2003-100 has been established to finance certain special services conferring
special benefit thereto and which are in addition to the municipal services provided to the
City as a whole. A general description, estimated cost, and allocation of these special
services are set forth on the following page.
Special Tar Roll and Report Page 3
City of Yorkville Special Service Area No.2003-100 September 4,2003
A. GENERAL DESCRIPTION
The special services that are eligible to be financed by SSA No. 2003-100 consist
of certain public improvements with appurtenances and appurtenant work in
connection therewith necessary to serve SSA No. 2003-100 (hereinafter referred
to as the "Eligible Improvements"). The Eligible Improvements are generally
described as follows:
• City sanitary sewer facilities including engineering, soil testing and
appurtenant work, mass grading and demolition, site clearing and tree
removal, erosion control measurers, wetland mitigation and tree
installation, underground repairs, costs for land and easement
acquisitions relating to any of the foregoing, required tap-on and
related fees for sanitary sewer services and other eligible costs;
• City water facilities including engineering, soil testing and appurtenant
work, mass grading and demolition, site clearing and tree removal,
erosion control measurers, wetland mitigation and tree installation,
underground repairs, costs for land and easement acquisitions relating
to any of the foregoing, required tap-on and related fees for water
services and other eligible costs;
• City road facilities including engineering, soil testing and appurtenant
work, mass grading and demolition, site clearing and tree removal,
erosion control measures, roads, streets, curbs, gutters, street lighting,
traffic controls, sidewalks, equestrian paths and related street
improvements, and equipment and materials necessary for the
maintenance thereof, landscaping, wetland mitigation and tree
installation, costs for land and easement acquisitions relating to any of
the foregoing improvements, and other eligible costs;
• City storm water management facilities including engineering, soil
testing and appurtenant work, mass grading and demolition, storm
drainage systems and storm sewers, site clearing and tree removal,
erosion control measures, landscaping, wetland mitigation and tree
installation, underground repairs, costs for land and easement
acquisitions relating to any of the foregoing improvements, and other
eligible costs.
• Costs for land and easement acquisitions relating to City parks and
open space.
B. ESTIMATED COSTS
The estimated costs for the Eligible Improvements and the amounts anticipated to
be financed by SSA No. 2003-100 are presented in Table 1 on the following page.
Special Tar Roll and Report Page 4
City of Yorkville Special Service Area No.2003-100 September 4,2003
TABLE 1
ESTIMATED COSTS FOR ELIGIBLE IMPROVEMENTS
COSTS
ANTICIPATED TO BE
TOTAL FINANCED BY
PUBLIC IMPROVEMENT COSTS SSA No.2003-100
Sanitary Sewer Facilities $719,442 $308,640
Water Facilities $984,279 $453,943
Road Facilities $3,988,809 $2,353,206
Storm Water Management Facilities $1,953,848 $1,378,365
Parks and Open Space $434,942 $434,942
Grand Total $8,081,320 $4,929,097
C. ALLOCATION
Special taxes levied pursuant to the Act must bear a rational relationship between
the amount of the special tax levied against each Parcel within SSA No. 2003-100
and the special service benefit rendered. Therefore, the public improvements
anticipated to be financed by SSA No. 2003-100 as shown in Table 1 have been
allocated in accordance with the benefit rendered to the property therein, with
benefit estimated to be a function of (i) the service or benefit area for said
improvements and (ii) the relative capacity for said improvements reserved for or
used by properties within the benefit area. A discussion of the relevant benefit
area(s) and measures of public facilities usage is detailed below.
1. BENEFIT AREA
The scope of the eligible public improvements is local in nature, and
therefore the benefit area includes only that property within SSA No.
2003-100. The public improvements will be located within SSA No. 2003-
100 and will comprise a portion of the system of infrastructure that makes
the special services available to the individual Dwelling Units therein, and
therefore benefit is conferred to each such Dwelling Unit.
2. PUBLIC FACILITY USAGE
Once the benefit area has been established, the special services may be
allocated among the various properties within such area in accordance
with use. As is discussed in the following sections, commonly accepted
measures for public facility usage indicate that the benefit conferred by the
Eligible Improvements applies uniformly by land use type.
a. SEWER AND WATER USAGE
The primary determinant of sanitary sewer and water usage is the
applicable population equivalent, or P.E. Household population is
Special Tar Roll and Report Page S
City of Yorkville Special Service Area No.2003-100 September 4,2003
the criteria commonly used to project sewer and water service
demand. Wastewater Engineering, Third Edition indicates that
residential wastewater flow rates are typically determined on the
basis of population density and the average per capita contribution
of wastewater. The Illinois Environmental Protection Agency's
("IEPA") criteria for water storage and distribution systems assume
an everyday use equal to 50 gallons per day per person. In
addition, an emergency capacity is set at 50 gallons per day per
person. This equates to 350 gallons per day for each single-family
home given the applicable IEPA P.E. factor of 3.5 for single-
family homes.
The IEPA does not publish P.E. factors for duplex dwelling units.
However, IEPA indicates that the published P.E. factors for
apartments may be used to estimate P.E. for duplex dwelling units.
P.E. factors for apartments range from 1.5 to 3.0 depending upon
bedroom count. As the duplex dwelling units are anticipated to
average between three and four bedrooms each, the P.E. factor of
3.0 for a three bedroom apartments is used.
b. ROAD USAGE
Road usage is typically computed on the basis of anticipated trip
generation. The Institute of Traffic Engineers publication, Trip
Generation, Sixth Edition, indicates average weekday trips per
single-family detached home of 9.57. As with P. E. factors, trip
factors for duplex dwelling units are not published in Trip
Generation, Sixth Edition. However, Trip Generation, Sixth
Edition states that the number of vehicles and residents have a high
correlation with the average weekday trips for residential land
uses.
As vehicle counts are obviously unknown at present, household
size is used to estimate the average weekday trips for duplex
Dwelling Units. Multiplying the population ratio between a duplex
Dwelling Unit and a single-family home of eighty-five and seven-
tenths (85.7%), or 3.0 divided by 3.5, by the average weekday trips
for single-family homes yields an estimated 8.20 trips for a duplex
Dwelling Unit.
C. STORM SEWER USAGE
Storm sewer facilities are sized based upon estimated storm flows
which vary with the size of the tributary drainage area, slope, soil
type, antecedent runoff condition, and impervious ground cover. In
its "Urban Hydrology for Small Watersheds: TR-55" (the "TR-55
Manual"), the United States Department of Agriculture indicates
average "runoff curve numbers" for purposes of measuring storm
Special Tax Roll and Report Page 6
City of Yorkville Special Service Area No.2003-100 September 4, 2003
flows or runoff. The runoff curve equation estimates storm runoff
given a particular volume of rainfall.
The runoff curve numbers for fully developed urban areas
indicated in the TR-55 Manual vary by land use type, impervious
area, and hydrologic soil group. Assuming generally uniform
antecedent runoff and hydrologic soil conditions within SSA No.
2003-100, storm flows will tend to vary with land use and the
associated impervious area.
Impervious ground coverage factors for residential development
varies by development density or the number of dwelling units per
gross acre, with gross acreage being exclusive of open space. The
gross density for the Single-family Property in SSA No. 2003-100
is two and one-tenth Dwelling Units to an acre, or 20,743 square
feet per lot which, according to the TR-55 Manual, would
categorize the Single-family Property in SSA No. 2003-100 as
having a development density of 1/2 acre. The TR-55 Manual
indicates an impervious ground coverage factor of twenty-five
percent (25%) for the development density category of 1/2 acre.
Multiplying the twenty-five percent factor by the average
residential lot area of approximately 20,488 square feet results in
estimated impervious ground area per single family lot of 5,186
square feet.
The TR-55 Manual indicates an impervious ground coverage factor
of thirty-eight percent (38%) for residential units with a
development density of 1/4 acre. Multiplying the gross area, for the
Duplex Property in SSA No. 2003-100 of nineteen and nine-tenths
acres by the factor of 38% results in estimated aggregate
impervious ground area of seven and fifty-seven hundredths (7.57)
acres. Dividing this aggregate impervious ground coverage by
eighty-eight (88) Dwelling Units yields an estimated impervious
ground cover of 3,747 square feet per duplex Dwelling Unit.
d. PARKS AND OPEN SPACE
Park and open space use is assumed to be a function of household
size, given then that the park and open space areas are local in
nature and will be utilized by the residents within SSA No. 2003-
100. Single-family and duplex Dwelling Unit household sizes are
3.5 and 3.0, consistent with the P.E. factors discussed above.
Multiplying the preceding P.E., trips, impervious area, and household size
per single-family home or duplex Dwelling Unit, as applicable, by the
respective projected total of 200 single-family homes and 88 duplex
Dwelling Units yields the total P.E., trip generation, impervious ground
area, and population shown in Table 2 on the following page.
Special Tar Roll and Report Page 7
City of Yorkville Special Service Area No.2003-100 September 4,2003
TABLE 2
TOTAL P.E., TRIP ENDS,AND IMPERVIOUS AREA
SINGLE-FAMILY HOME DUPLEX DWELLING UNIT
USAGE USAGE
PUBLIC FACTOR PER FACTOR
IMPROVEMENT SFHI TOTAL PER DUPZ TOTAL GRAND TOTAL
Sanitary Sewer 3.5 P.E. 700 Total P.E. 3.0 P.E. 264 Total P.E. 964 Grand Total P.E.
Facilities (3.5 P.E.x 200) (3.0 P.E.x 88)
Water Facilities 3.5 P.E. 700 Total P.E. 3.0 P.E. 264 Total P.E. 964 Grand Total P.E.
(3.5 P.E.x 200) (3.0 P.E.x 88)
1,914.00 Total Trips 721.60 Total Trips
Road Facilities 9.57 Trips (9.57 Trip Ends x 200) 8.20 Trips (8.20 Trip Ends x 88) 2,635.60 Grand Total Trips
Storm Water 5,186 1,037,143 Total Impervious SF 3,747 329,715 Total Impervious SF 1,366,858
Management Facilities Impervious SF (5,186 SF Impervious Area x 200) Impervious SF (3,747 SF Impervious Area x 88) Grand Total Impervious SF
Parks and Open Space 3.5 Persons 700 Total Persons 3.0 Persons 264 Total Persons 964 Grand Persons
(3.5 Persons x 200) (3.0 Persons x 88)
'Single-Family Home
2Duplex Dwelling Unit
Special Tax Roll and Report Page 8
City of Yorkville Special Service Area No.2003-100 September 4, 2003
3. ALLOCATED COSTS
Dividing the estimated total cost for each respective category of Eligible
Improvements in Table 1 by the total P.E., trips, impervious area, or
persons, as applicable, in Table 2 results in Eligible Improvement costs
per P.E., trip, impervious square foot, or person as shown in Table 3
below. Multiplying these "unit" costs by the applicable P.E., trip,
impervious area, and household size factors for each land use type yields
the allocated Eligible Improvements per single-family home and duplex
Dwelling Unit shown in Table 4. The estimated Eligible Improvements
costs anticipated to be funded by SSA No. 2003-100 is shown in Table 5.
Eligible Improvements not funded with bond proceeds will be paid by the
developer and are categorized as "Developer's Equity."
TABLE 3
ALLOCATED ELIGIBLE IMPROVEMENT COSTS
PER P.E., TRIP END, AND IMPERVIOUS SF
PUBLIC IMPROVEMENT ALLOCATED COST
Sanitary Sewer Facilities $746.31 /P.E.
($719,442/964 P.E.)
Water Facilities $1,021.04/P.E.
($984,279/964 P.E.)
Road Facilities $1,513.43/Trip
($3,988,809/2,635.60 Trips)
Storm Water Management Facilities $1.43/Impervious SF
($1,953,848/1,366,858 Impervious SF)
Parks and Open Space $451.18/Person.
($434,942/964 Persons)
Special Tax Roll and Report Page 9
City of Yorkville Special Service Area No.2003-100 September 4, 2003
TABLE 4
ALLOCATED ELIGIBLE IMPROVEMENT COSTS
PER SINGLE-FAMILY HOME
ALLOCATED COST
PUBLIC IMPROVEMENT PER SINGLE-FAMILY HOME PER DUPLEX DWELLING UNIT
Sanitary Sewer Facilities $2,612.08/SFH' I $2,238.93/DUPZ z
($746.31 /P.E.x 3.5 P.E./SFH) ($746.31/P.E.x 3.0 P.E./DUP)
Water Facilities $3,573.63/SFH' $3,063.11 /DUPZ
($1,021.04/P.E.x 3.5 P.E./SFH') ($1,021.04/P.E.x 3.0 P.E./DUP)
Road Facilities $14,483.57/SFH' $12,410.17/DUPZ
($1,513.43/Trip x 9.57 Trips/SFHI) ($1,513.43/Trip x 8.20 Trips/DUPZ)
$7,412.69/SFH' $5,355.79/DUPZ
Storm Water Management Facilities ($1.43/Impervious SF x 5,186 ($1.43/Impervious SF x 3,747
Impervious SF/SFHI) Impervious SF/DUPZ)
Parks and Open Space $1,579.14/SFHI $1,353.55/DUPZ
($451.18/Person x 3.5 Persons/SFH') ($451.18/Person x 3.0 Persons/DUPZ)
'Single-Family Home
ZDuplex Dwelling Unit
TABLE 5
FUNDING OF ELIGIBLE PUBLIC IMPROVEMENTS
SSA No.2003-100
SINGLE- DUPLEX DEVELOPER'S
PUBLIC IMPROVEMENT TOTAL FAMILY HOME DWELLING UNIT EQUITY
Sanitary Sewer Facilities $308,640 $224,117 $84,524 $410,801
Water Facilities $453,943 $329,627 $124,316 $530,336
Road Facilities $2,353,206 $1,708,923 $644,284 $1,635,602
Storm Water Management Facilities $1,378,365 $1,045,874 $332,491 $575,483
Parks and Open Space $434,942 $315,829 $119,113 $0
Total $4,929,097 $3,624,369 $1,304,728 $3,152,223
D. ALTERNATIVES, MODIFICATIONS, AND/OR SUBSTITUTIONS
The description of the Eligible Improvements, as set forth herein, is general in
nature. The final description, specifications, location, and costs of improvements
and facilities will be determined upon the preparation of final plans and
Special Tax Roll and Report Page 10
City of Yorkville Special Service Area No.2003-100 September 4,2003
specifications and completion of the improvements. The final plans may show
substitutes, in lieu or modifications to the Eligible Improvements in order to
accomplish the works of improvements, and any substitution, increase, or
decrease to the amount of public improvements financed shall not be a change or
modification in the proceedings as long as (i) the allocation of the Eligible
Improvement costs actually funded by SSA No. 2003-100, using the preceding
methodology, is uniform within the single-family home and duplex land use
categories and (ii) such allocation results in the same ratio of funded Eligible
Improvements between these two land use types, as established in Section VI.A
below.
V. BOND ASSUMPTIONS
It is anticipated that certain of the Eligible Improvements will be financed through the
issuance of a single series of bonds. Total authorized bonded indebtedness is $8,000,000.
Bonds in the approximate amount of $7,200,000 are anticipated to be issued in August
2003. Issuance costs are estimated to be approximately five percent (5.00%) of the
principal amount of the bonds. The bond issue will include a reserve fund equal not more
than ten percent (10.00%) of the original principal amount of the bonds and
approximately three years of capitalized interest. The term of the bonds is 30 years, with
principal amortized over a period of approximately 27 years. Annual debt service
payments will increase approximately one and one-half percent(1.50%) annually.
The final sizing of the bonds may be modified as appropriate to meet the objectives of the
financing and prevailing bond market conditions. These modifications may include, but
are not limited to, changes in the following:
• Bond timing, phasing, and/or escrows;
• Capitalized interest period;
• Principal amortization(i.e., bond term and annual debt service payment);
• Reserve fund size and form; and
• Coupon rates.
Therefore, the actual bonded indebtedness, and consequently the amount of public
improvements financed by SSA No. 2003-100, may increase or decrease depending upon
these variables.
VI. MAXIMUM PARCEL SPECIAL TAX
A. DETERMINATION
When multiple land uses are anticipated, the Maximum Parcel Special Tax is a
function of the (i) relative amounts of the allocated Eligible Improvement costs
for such land uses and (ii) the required Maximum Parcel Special Taxes. In order
to measure the relative difference in public improvement costs for each land use
type, EDU factors have been calculated. Single-family homes are deemed the
typical residential unit and are assigned an EDU factor of 1.00. The EDU factor
for the duplex Dwelling Units is equal to the ratio of the funded Eligible
Special Tax Roll and Report Page 11
City of Yorkville Special Service Area No.2003-100 September 4,2003
Improvements for the duplex Dwelling Units to the funded Eligible Improvements
for single-family homes. EDUs are shown in Table 6 below.
TABLE 6
EDU FACTORS
No.OF
EDU DWELLING
COST/UNIT FACTOR UNITS EDUs
Single-family Home $18,121.85 1.000 200 units 200.00
Duplex Dwelling Unit $14,826.45 0.818 88 units 71.98
Total 288 units 271.98
The Maximum Parcel Special Tax is derived from the Maximum Parcel Special
Taxes, which are equal to the sum of the estimated (i) maximum annual interest
and principal payments on the Bonds, net of projected earnings on the reserve
fund, (ii) a contingency for delinquent Special Taxes, and (iii) estimated
Administrative Expenses. The derivation of the Maximum Parcel Special Tax is
shown in Table 7 below.
TABLE 7
MAXIMUM PARCEL SPECIAL TAX
(LEVIED CALENDAR YEAR 2004/COLLECTED CALENDAR YEAR 2005)
PER DWELLING UNIT
SINGLE-
TOTAL FAMILY DUPLEX
Maximum Parcel Special Taxes $570,896 $419,800 $151,096
Number of EDUs 271.98 200.00 71.98
Maximum Parcel Special Tax/EDU*
(Maximum Parcel Special Taxes/Number of EDUs) $2,099 NA NA
EDU Factor NA 1.00 0.818
Maximum Parcel Special Tax/DU*
t aximum Parcel S ecial Tax/EDU x EDU Factor) NA $2,099 $1,717
mounts have been rounded to the nearest dollar.
The Maximum Parcel Special Tax per EDU is simply computed by dividing the
Maximum Parcel Special Taxes by the number of EDUs. Multiplying this amount
by the applicable EDU factor yields the Maximum Parcel Special Tax for Single-
family Property and Duplex Property. Therefore, the Maximum Parcel Special
Taxes are weighted in proportion to the allocation of funded Eligible
Improvements as shown in Section IV.C, and consequently the amount of the
Maximum Parcel Special Tax bears a rational relationship to the benefit that the
Special Tax Roll and Report Page 12
City of Yorkville Special Service Area No.2003-100 September 4,2003
special services render to each Parcel within SSA No. 2003-100 as required
pursuant to the Act.
B. APPLICATION
The Maximum Parcel Special Tax for a Parcel of Single-family Property or
Duplex Property which is not located within a Final Plat shall be calculated by
multiplying the number of expected single-family and/or duplex Dwelling Units
for such Parcel, as determined from the Preliminary Plat in effect as of the
September 30 preceding the Calendar Year for which the Special Tax is being
extended, by the applicable Maximum Parcel Special Tax determined pursuant to
Table 7 above, as increased in accordance with the Section VLC below.
C. ESCALATION
The Maximum Parcel Special Tax that has been levied in each subsequent
Calendar Year escalates one and one-half percent (1.50%) annually, rounded to
the nearest dollar, with such escalation commencing with Calendar Year 2006.
Note, that while the annual increase in the Maximum Parcel Special Tax is limited
to one and one-half percent (1.50%), which is consistent with the anticipated
graduated payment schedule for interest and principal on the Bonds, the
percentage annual change in the Special Tax extended may be greater depending
upon actual Special Tax receipts, capitalized interest, investment earnings, and
Administrative Expenses.
D. TERM
The Maximum Parcel Special Tax shall not be levied after Calendar Year 2031
(to be collected in Calendar Year 2032).
E. SPECIAL TAX ROLL AMENDMENT
Each Calendar Year, in conjunction with the abatement ordinance adopted by the
City, the City shall amend the Special Tax Roll to reflect the Maximum Parcel
Special Tax applicable to any new Parcels established by the County. The
amended Special Tax Roll shall be recorded with the County.
F. OPTIONAL PREPAYMENT
The Maximum Parcel Special Tax for any Parcel may be prepaid and the
obligation of the Parcel to pay the Maximum Parcel Special Tax permanently
satisfied pursuant to Section A of Exhibit B attached hereto, provided that a
prepayment may be made only if there are no delinquent Special Taxes with
respect to such Parcel at the time of prepayment. The Maximum Parcel Special
Tax may also be prepaid in part, provided that proceeds for any such prepayment
are sufficient to permit the redemption of Bonds in such amounts and maturities
deemed necessary by the Administrator and in accordance with the Bond
Indenture.
Special Tax Roll and Report Page 13
City of Yorkville Special Service Area No.2003-100 September 4,2003
An owner of a Parcel intending to prepay the Maximum Parcel Special Tax, either
partially or in full, shall provide the City with written notice of intent to prepay.
Within 30 days of receipt of such written notice, the City or its designee shall
notify such owner of the amount of the Special Tax Bond Prepayment or the
Partial Special Tax Bond Prepayment, as applicable, for such Parcel and the date
through which the such amount shall be valid.
G. MANDATORY PREPAYMENT
If at any time the Administrator determines that there has been or will be a
reduction in the Maximum Parcel Special Taxes as a result of an amendment to
the Preliminary Plat, Final Plat, or other event which reduces the anticipated
number of single-family or duplex Dwelling Units (i.e. 200 and 88, respectively),
then a Mandatory Special Tax Prepayment shall be calculated pursuant to Section
B of Exhibit B attached hereto. As required under the Bond Indenture, the City
may adopt a supplemental ordinance to provide for the levy of the Mandatory
Special Tax Prepayment.
VII. ABATEMENT AND COLLECTION
A. ABATEMENT
On or before the last Tuesday of December of each Calendar Year, commencing
with Calendar Year 2004 and for each following Calendar Year, the Council or its
designee shall determine the Special Tax Requirement, and the Maximum Parcel
Special Tax authorized by the ordinance providing for the issuance of the Bonds
shall be abated to the extent the amounts so levied exceed the Special Tax
Requirement. The Maximum Parcel Special Tax applicable to each Parcel shall be
abated in equal percentages until the Special Tax remaining equals the Special
Tax Requirement. Abated in equal percentages means that the amount abated for
each Parcel, computed as a percentage of its applicable Maximum Parcel Special
Tax, is the same.
B. COLLECTION PROCESS
With the exception of the Mandatory Special Tax Prepayment, the Special Tax
will be billed and collected by the County in the same manner and at the same
time as general ad valorem property taxes. The lien and foreclosure remedies
provided for in Article 9 of the Illinois Municipal Code shall apply upon the
nonpayment of the Special Tax. The Council may provide for other means of
collecting the Special Tax, if necessary to meet the financial obligations of SSA
No. 2003-100.
The Mandatory Special Tax Prepayment shall be due prior to any development
approval, subdivision of land, conveyance, or other action that results in a
reduction in the Maximum Parcel Special Taxes. The Mandatory Special Tax
Prepayment shall be levied against the property on which the reduction has or will
occur. The Mandatory Special Tax Prepayment shall have the same sale and lien
Special Tax Roll and Report Page 14
City of Yorkville Special Service Area No.2003-100 September 4,2003
priorities as are provided for regular property taxes. A Mandatory Special Tax
Prepayment shall not reduce the Maximum Parcel Special Tax for any Parcel.
C. ADMINISTRATIVE REVIEW
Any owner of a Parcel claiming that a calculation error has been made in the
amount of the Special Tax applicable to such Parcel for any Calendar Year may
send a written notice describing the error to the Administrator not later than thirty
(30) days after having paid the Special Tax which is alleged to be in error. The
Administrator shall promptly review the notice, and if necessary, meet with the
property owner, consider written and oral evidence regarding the alleged error,
and decide whether, in fact, such an error occurred. If the Administrator
determines that an error did in fact occur and the Special Tax should be modified
or changed in favor of the property owner, an adjustment shall be made in the
amount of the Special Tax applicable to such Parcel in the next Calendar Year.
Cash refunds shall only be made in the final Calendar Year for the Special Tax).
The decision of the Administrator regarding any error in respect to the Special
Tax shall be final.
VIII. AMENDMENTS
This Report may be amended by ordinance of the City and, to the maximum extent
permitted by the Act, such amendments may be made without further notice under the
Act and without notice to owners of property within SSA No. 2003-100 in order to (i)
clarify or correct minor inconsistencies in the matters set forth herein, (ii) provide for
lawful procedures for the collection and enforcement of the Special Tax so as to assure
the efficient collection of the Special Tax for the benefit of the owners of the Bonds, (iii)
otherwise improve the ability of the City to fulfill its obligations to levy, extend, and
collect the Special Tax and to make it available for the payment of the Bonds and
Administrative Expenses, and (iv) make any change deemed necessary or advisable by
the City, provided such change is not detrimental to the owners of property subject to the
Maximum Parcel Special Tax. No such amendment shall be approved by the Council if it
violates any other agreement binding upon the City and unless and until it has (i) found
and determined that the amendment is necessary and appropriate and does not materially
adversely affect the rights of the owners of the Bonds or the City has obtained the consent
of one hundred percent (100.00%) of the owners of the Bonds and (ii) received an
opinion of a nationally recognized bond counsel to the effect that the amendment does
not violate the Act, and is authorized pursuant to the terms of the Bond Indenture and this
Report.
K:\Clients2\Yorkville\SSA 2003-100(Concord Homes)\SSA Report\Raintree Village SSA Report 5.doc
Special Tax Roll and Report Page 15
City of Yorkville Special Service Area No.2003-100 September 4,2003
EXHIBIT A
SPECIAL TAX ROLL
UNITED CITY OF YORKVILLE
SSA No. 2003-100
SPECIAL TAX ROLL
CALENDAR YEAR 2004 THROUGH CALENDAR YEAR 2031
Permanent Index Number
Levied Maximum Parcel Special 05-04-300-022 05-04-400-005 05-09-200-008
Calendar Tax Per Dwelling Unit SFH DUP SFH DUP SFH DUP
Year SFH DUP 7 0 22 0 73 0
2004 $2,099.00 $1,717.00 $14,693.00 $0.00 $46,178.00 $0.00 $153,227.00 $0.00
2005 $2,099.00 $1,717.00 $14,693.00 $0.00 $46,178.00 $0.00 $153,227.00 $0.00
2006 $2,130.00 $1,743.00 $14,910.00 $0.00 $46,860.00 $0.00 $155,490.00 $0.00
2007 $2,162.00 $1,769.00 $15,134.00 $0.00 $47,564.00 $0.00 $157,826.00 $0.00
2008 $2,194.00 $1,796.00 $15,358.00 $0.00 $48,268.00 $0.00 $160,162.00 $0.00
2009 $2,227.00 $1,823.00 $15,589.00 $0.00 $48,994.00 $0.00 $162,571.00 $0.00
2010 $2,260.00 $1,850.00 $15,820.00 $0.00 $49,720.00 $0.00 $164,980.00 $0.00
2011 $2,294.00 $1,878.00 $16,058.00 $0.00 $50,468.00 $0.00 $167,462.00 $0.00
2012 $2,328.00 $1,906.00 $16,296.00 $0.00 $51,216.00 $0.00 $169,944.00 $0.00
2013 $2,363.00 $1,935.00 $16,541.00 $0.00 $51,986.00 $0.00 $172,499.00 $0.00
2014 $2,398.00 $1,964.00 $16,786.00 $0.00 $52,756.00 $0.00 $175,054.00 $0.00
2015 $2,434.00 $1,993.00 $17,038.00 $0.00 $53,548.00 $0.00 $177,682.00 $0.00
2016 $2,471.00 $2,023.00 $17,297.00 $0.00 $54,362.00 $0.00 $180,383.00 $0.00
2017 $2,508.00 $2,053.00 $17,556.00 $0.00 $55,176.00 $0.00 $183,084.00 $0.00
2018 $2,546.00 $2,084.00 $17,822.00 $0.00 $56,012.00 $0.00 $185,858.00 $0.00
2019 $2,584.00 $2,115.00 $18,088.00 $0.00 $56,848.00 $0.00 $188,632.00 $0.00
2020 $2,623.00 $2,147.00 $18,361.00 $0.00 $57,706.00 $0.00 $191,479.00 $0.00
2021 $2,662.00 $2,179.00 $18,634.00 $0.00 $58,564.00 $0.00 $194,326.00 $0.00
2022 $2,702.00 $2,212.00 $18,914.00 $0.00 $59,444.00 $0.00 $197,246.00 $0.00
2023 $2,743.00 $2,245.00 $19,201.00 $0.00 $60,346.00 $0.00 $200,239.00 $0.00
2024 $2,784.00 $2,279.00 $19,488.00 $0.00 $61,248.00 $0.00 $203,232.00 $0.00
2025 $2,826.00 $2,313.00 $19,782.00 $0.00 $62,172.00 $0.00 $206,298.00 $0.00
2026 $2,868.00 $2,348.00 $20,076.00 $0.00 $63,096.00 $0.00 $209,364.00 $0.00
2027 $2,911.00 $2,383.00 $20,377.00 $0.00 $64,042.00 $0.00 $212,503.00 $0.00
2028 $2,955.00 $2,419.00 $20,685.00 $0.00 $65,010.00 $0.00 $215,715.00 $0.00
2029 $2,999.00 $2,455.00 $20,993.00 $0.00 $65,978.00 $0.00 $218,927.00 $0.00
2030 $3,044.00 $2,492.00 $21,308.00 $0.00 $66,968.00 $0.00 $222,212.00 $0.00
2031 $3,090.00 $2,529.00 $21,630.00 $0.00 $67,980.00 $0.00 $225,570.00 $0.00
Page 1
UNITED CITY OF YORKVILLE
SSA No. 2003-100
SPECIAL TAX ROLL
CALENDAR YEAR 2004 THROUGH CALENDAR YEAR 2031
Permanent Index Number
Levied Maximum Parcel Special 05-04-400-011 05-09-200-006 05-03-300-020
Calendar Tax Per Dwelling Unit SFH DUP SFH DUP SFH DUP
Year SFH DUP 13 0 13 0 65 0
2004 $2,099.00 $1,717.00 $27,287.00 $0.00 $27,287.00 $0.00 $136,435.00 $0.00
2005 $2,099.00 $1,717.00 $27,287.00 $0.00 $27,287.00 $0.00 $136,435.00 $0.00
2006 $2,130.00 $1,743.00 $27,690.00 $0.00 $27,690.00 $0.00 $138,450.00 $0.00
2007 $2,162.00 $1,769.00 $28,106.00 $0.00 $28,106.00 $0.00 $140,530.00 $0.00
2008 $2,194.00 $1,796.00 $28,522.00 $0.00 $28,522.00 $0.00 $142,610.00 $0.00
2009 $2,227.00 $1,823.00 $28,951.00 $0.00 $28,951.00 $0.00 $144,755.00 $0.00
2010 $2,260.00 $1,850.00 $29,380.00 $0.00 $29,380.00 $0.00 $146,900.00 $0.00
2011 $2,294.00 $1,878.00 $29,822.00 $0.00 $29,822.00 $0.00 $149,110.00 $0.00
2012 $2,328.00 $1,906.00 $30,264.00 $0.00 $30,264.00 $0.00 $151,320.00 $0.00
2013 $2,363.00 $1,935.00 $30,719.00 $0.00 $30,719.00 $0.00 $153,595.00 $0.00
2014 $2,398.00 $1,964.00 $31,174.00 $0.00 $31,174.00 $0.00 $155,870.00 $0.00
2015 $2,434.00 $1,993.00 $31,642.00 $0.00 $31,642.00 $0.00 $158,210.00 $0.00
2016 $2,471.00 $2,023.00 $32,123.00 $0.00 $32,123.00 $0.00 $160,615.00 $0.00
2017 $2,508.00 $2,053.00 $32,604.00 $0.00 $32,604.00 $0.00 $163,020.00 $0.00
2018 $2,546.00 $2,084.00 $33,098.00 $0.00 $33,098.00 $0.00 $165,490.00 $0.00
2019 $2,584.00 $2,115.00 $33,592.00 $0.00 $33,592.00 $0.00 $167,960.00 $0.00
2020 $2,623.00 $2,147.00 $34,099.00 $0.00 $34,099.00 $0.00 $170,495.00 $0.00
2021 $2,662.00 $2,179.00 $34,606.00 $0.00 $34,606.00 $0.00 $173,030.00 $0.00
2022 $2,702.00 $2,212.00 $35,126.00 $0.00 $35,126.00 $0.00 $175,630.00 $0.00
2023 $2,743.00 $2,245.00 $35,659.00 $0.00 $35,659.00 $0.00 $178,295.00 $0.00
2024 $2,784.00 $2,279.00 $36,192.00 $0.00 $36,192.00 $0.00 $180,960.00 $0.00
2025 $2,826.00 $2,313.00 $36,738.00 $0.00 $36,738.00 $0.00 $183,690.00 $0.00
2026 $2,868.00 $2,348.00 $37,284.00 $0.00 $37,284.00 $0.00 $186,420.00 $0.00
2027 $2,911.00 $2,383.00 $37,843.00 $0.00 $37,843.00 $0.00 $189,215.00 $0.00
2028 $2,955.00 $2,419.00 $38,415.00 $0.00 $38,415.00 $0.00 $192,075.00 $0.00
2029 $2,999.00 $2,455.00 $38,987.00 $0.00 $38,987.00 $0.00 $194,935.00 $0.00
2030 $3,044.00 $2,492.00 $39,572.00 $0.00 $39,572.00 $0.00 $197,860.00 $0.00
2031 $3,090.00 $2,529.00 $40,170.00 $0.00 $40,170.00 $0.00 $200,850.00 $0.00
Page 2
UNITED CITY OF YORKVILLE
SSA No. 2003-100
SPECIAL TAX ROLL
CALENDAR YEAR 2004 THROUGH CALENDAR YEAR 2031
Permanent Index Number
Levied Maximum Parcel Special 05-03-300-018 05-10-100-006 05-10-100-005
Calendar Tax Per Dwelling Unit SFH DUP SFH DUP SFH DUP GRAND
Year SFH DUP 3 86 3 2 1 0 TOTAL
2004 $2,099.00 $1,717.00 $6,297.00 $147,662.00 $6,297.00 $3,434.00 $2,099.00 $0.00 $570,896.00
2005 $2,099.00 $1,717.00 $6,297.00 $147,662.00 $6,297.00 $3,434.00 $2,099.00 $0.00 $570,896.00
2006 $2,130.00 $1,743.00 $6,390.00 $149,898.00 $6,390.00 $3,486.00 $2,130.00 $0.00 $579,384.00
2007 $2,162.00 $1,769.00 $6,486.00 $152,134.00 $6,486.00 $3,538.00 $2,162.00 $0.00 $588,072.00
2008 $2,194.00 $1,796.00 $6,582.00 $154,456.00 $6,582.00 $3,592.00 $2,194.00 $0.00 $596,848.00
2009 $2,227.00 $1,823.00 $6,681.00 $156,778.00 $6,681.00 $3,646.00 $2,227.00 $0.00 $605,824.00
2010 $2,260.00 $1,850.00 $6,780.00 $159,100.00 $6,780.00 $3,700.00 $2,260.00 $0.00 $614,800.00
2011 $2,294.00 $1,878.00 $6,882.00 $161,508.00 $6,882.00 $3,756.00 $2,294.00 $0.00 $624,064.00
2012 $2,328.00 $1,906.00 $6,984.00 $163,916.00 $6,984.00 $3,812.00 $2,328.00 $0.00 $633,328.00
2013 $2,363.00 $1,935.00 $7,089.00 $166,410.00 $7,089.00 $3,870.00 $2,363.00 $0.00 $642,880.00
2014 $2,398.00 $1,964.00 $7,194.00 $168,904.00 $7,194.00 $3,928.00 $2,398.00 $0.00 $652,432.00
2015 $2,434.00 $1,993.00 $7,302.00 $171,398.00 $7,302.00 $3,986.00 $2,434.00 $0.00 $662,184.00
2016 $2,471.00 $2,023.00 $7,413.00 $173,978.00 $7,413.00 $4,046.00 $2,471.00 $0.00 $672,224.00
2017 $2,508.00 $2,053.00 $7,524.00 $176,558.00 $7,524.00 $4,106.00 $2,508.00 $0.00 $682,264.00
2018 $2,546.00 $2,084.00 $7,638.00 $179,224.00 $7,638.00 $4,168.00 $2,546.00 $0.00 $692,592.00
2019 $2,584.00 $2,115.00 $7,752.00 $181,890.00 $7,752.00 $4,230.00 $2,584.00 $0.00 $702,920.00
2020 $2,623.00 $2,147.00 $7,869.00 $184,642.00 $7,869.00 $4,294.00 $2,623.00 $0.00 $713,536.00
2021 $2,662.00 $2,179.00 $7,986.00 $187,394.00 $7,986.00 $4,358.00 $2,662.00 $0.00 $724,152.00
2022 $2,702.00 $2,212.00 $8,106.00 $190,232.00 $8,106.00 $4,424.00 $2,702.00 $0.00 $735,056.00
2023 $2,743.00 $2,245.00 $8,229.00 $193,070.00 $8,229.00 $4,490.00 $2,743.00 $0.00 $746,160.00
2024 $2,784.00 $2,279.00 $8,352.00 $195,994.00 $8,352.00 $4,558.00 $2,784.00 $0.00 $757,352.00
2025 $2,826.00 $2,313.00 $8,478.00 $198,918.00 $8,478.00 $4,626.00 $2,826.00 $0.00 $768,744.00
2026 $2,868.00 $2,348.00 $8,604.00 $201,928.00 $8,604.00 $4,696.00 $2,868.00 $0.00 $780,224.00
2027 $2,911.00 $2,383.00 $8,733.00 $204,938.00 $8,733.00 $4,766.00 $2,911.00 $0.00 $791,904.00
2028 $2,955.00 $2,419.00 $8,865.00 $208,034.00 $8,865.00 $4,838.00 $2,955.00 $0.00 $803,872.00
2029 $2,999.00 $2,455.00 $8,997.00 $211,130.00 $8,997.00 $4,910.00 $2,999.00 $0.00 $815,840.00
2030 $3,044.00 $2,492.00 $9,132.00 $214,312.00 $9,132.00 $4,984.00 $3,044.00 $0.00 $828,096.00
2031 $3,090.00 $2,529.00 $9,270.00 $217,494.00 $9,270.00 $5,058.00 $3,090.00 $0.00 $840,552.00
Page 3
EXHIBIT B
PREPAYMENT OF THE
MAXIMUM PARCEL SPECIAL TAX
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NO. 2003-100
PREPAYMENT FORMULA
All capitalized terms not defined in this Exhibit B shall have the meaning given to such terms in
the Report.
A. OPTIONAL PREPAYMENT OF THE MAXIMUM PARCEL SPECIAL TAX
Pursuant to Section VI.F of the Report, the Maximum Parcel Special Tax may be prepaid
and permanently satisfied under the conditions set forth therein. The Special Tax Bond
Prepayment is calculated as follows.
1. Prior to the Issuance of Bonds
Prior to the issuance of Bonds, the Special Tax Bond Prepayment for a Parcel of
Single-family Property and Duplex Property shall equal $18,122 or $14,826 per
Dwelling Unit, respectively, subject to changes as described in Section IV.D of
the Special Tax Roll and Report of SSA No. 2003-100. If at the time of the
prepayment, the Parcel intending to prepay is not located within a Final Plat, the
prepayment amount shall be calculated by multiplying the number of expected
single-family and duplex Dwelling Units for such Parcel, as determined from the
Preliminary Plat, by the applicable Special Tax Bond Prepayment per Dwelling
Unit.
2. Special Tax Bond Prepayment Subsequent to Issuance of the Bonds
Subsequent to the issuance of the Bonds, the Special Tax Bond Prepayment for a
Parcel means an amount equal to (a) the sum of (1) Principal, (2) Premium, (3)
Defeasance, and (4) Fees and (b) minus the Reserve Fund Credit, where the terms
"Principal," "Premium," "Defeasance," "Fees," and "Reserve Fund Credit" have
the following meanings:
"Principal" means the principal amount of Bonds to be redeemed and
equals the quotient derived by dividing (a) the then current Calendar Year
Maximum Parcel Special Tax for the Parcel intending to prepay by (b) the
corresponding Calendar Year Maximum Parcel Special Taxes for SSA No.
2003-100, (and excluding from (b) that portion of the Maximum Parcel
Special Tax for any Parcel(s) that has been prepaid), and multiplying the
quotient by the principal amount of outstanding Bonds.
"Premium" means an amount equal to the Principal multiplied by the
applicable redemption premium, if any, for any Bonds so redeemed with
the proceeds of any such prepayment. Any applicable redemption
premium shall be as set forth in the Bond Indenture.
B-1
"Defeasance" means the amount needed to pay interest on the Principal
to be redeemed until the earliest redemption date for the outstanding
Bonds less for any Special Tax heretofore paid and which has not been or
will not be used for the Special Tax Requirement.
"Fees" equal the expenses of SSA No. 2003-100 associated with the
Special Tax Bond Prepayment as calculated by the City or its designee and
include, but are not limited to, the costs of computing the Special Tax
Bond Prepayment, the costs of redeeming the Bonds, and the costs of
recording and publishing any notices to evidence the Special Tax Bond
Prepayment and the redemption of Bonds.
"Reserve Fund Credit" shall equal the balance in the Reserve Fund (as
defined in the Bond Indenture) on the prepayment date multiplied by the
quotient used to calculate Principal. Reserve Fund earnings to be applied
toward the Special Tax Requirement shall not be considered when
computing the Reserve Fund Credit.
The amount of any Partial Special Tax Bond Prepayment shall be computed
pursuant to the preceding prepayment formula by substituting the portion of the
Maximum Parcel Special Tax to be prepaid for the Maximum Parcel Special Tax
when computing Principal. The amount of any Special Tax Bond Prepayment or
Partial Special Tax Bond Prepayment computed pursuant to this Section A.2 shall
not exceed the Bonds plus any Premium, Defeasance, and Fees as such terms are
defined herein.
The sum of the amounts calculated in Section A.1 shall be paid to the City, deposited
with the trustee, and used to pay for public improvements in accordance with the Bond
Indenture and to pay the Fees associated with the Special Tax Bond Prepayment. The
sum of the amounts calculated in A.2 shall be paid to the City, deposited with the trustee,
and used to pay and redeem Bonds in accordance with the Bond Indenture and to pay the
Fees associated with the Special Tax Bond Prepayment. Upon the payment of the Special
Tax Bond Prepayment amount to the City, the obligation to pay the portion of the
Maximum Parcel Special Tax which is prepaid for such Parcel shall be deemed to be
permanently satisfied, such portion of the Maximum Parcel Special Tax shall not be
collected thereafter from such Parcel, and in the event the entire Maximum Parcel Special
Tax is prepaid the Administrator shall cause a satisfaction of special tax lien for such
Parcel to be recorded within 30 working days of receipt of the Special Tax Bond
Prepayment.
B-2
B. MANDATORY PREPAYMENT
Pursuant to Section VI.G of the Special Tax Roll Report of SSA No. 2003-100, the
Maximum Parcel Special Tax must be prepaid if at any time the Administrator
determines there is or will be a reduction in the number of anticipated Dwelling Units
(i.e. 200 single-family homes and 88 duplex Dwelling Units). The Mandatory Special
Tax Prepayment amount will be calculated using the prepayment formula described in
Section A.2 above with the following modifications:
The amount by which the Maximum Parcel Special Taxes have been
reduced shall serve as the numerator when computing Principal; and
No Reserve Fund Credit shall be given.
The amount of any Mandatory Special Tax Prepayment shall not exceed the Bonds plus
any Premium, Defeasance, and Fees as such terms are defined in Section A above.
B-3
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT H
UNITED CITY OF YORKVILLE SSA No. 2003-100
2012 AMENDED SPECIAL TAX ROLL
United City of Yorkville
Special Services Area No.2003-100
(Raintree Village)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
Single Family Property
05-03-351-002 129 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-351-003 130 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-351-004 131 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-351-005 132 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-351-006 133 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-351-007 134 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-351-008 135 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-351-009 136 SFD ] $2,363.00 $35.00 $2,328.00
05-03-351-010 137 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-351-011 138 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-352-001 206 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-352-002 207 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-352-003 208 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-352-004 209 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-352-006 211 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-352-007 212 SFD l $2,363.00 $35.00 $2,328.00
05-03-352-008 192 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-353-001 156 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-353-002 157 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-353-003 158 SFD l $2,363.00 $35.00 $2,328.00
05-03-353-004 159 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-353-005 152 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-353-006 153 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-353-007 154 SFD l $2,363.00 $35.00 $2,328.00
05-03-353-008 155 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-354-001 139 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-354-002 140 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-354-003 141 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-354-004 142 SFD 1 $2,363.00 $35.00 $2,328.00
05-03-354-005 143 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-378-002 16 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-378-004 14 SFD l $2,363.00 $35.00 $2,328.00
05-04-378-005 13 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-378-006 12 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-378-007 11 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-378-008 10 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-379-002 19 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-379-003 20 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-380-001 40 SFD 1 $2,363.00 $35.00 $2,328.00
12/7/12 9:43AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-100\2012\Tax Page 1 of 8
United City of Yorkville
Special Services Area No.2003-100
(Raintree Village)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
05-04-380-002 39 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-380-004 43 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-380-005 42 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-381-001 60 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-381-002 59 SFD l $2,363.00 $35.00 $2,328.00
05-04-381-003 58 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-381-004 57 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-401-012 8 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-401-013 7 SFD l $2,363.00 $35.00 $2,328.00
05-04-401-014 6 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-401-015 5 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-401-016 4 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-405-006 83 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-405-007 82 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-405-008 81 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-405-009 80 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-408-001 61 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-408-003 63 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-408-004 64 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-408-005 65 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-435-002 122 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-435-003 121 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-435-004 120 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-435-005 119 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-435-006 118 SFD l $2,363.00 $35.00 $2,328.00
05-04-436-003 124 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-436-004 126 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-436-005 127 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-436-006 128 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-437-001 203 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-437-002 204 SFD 1 $2,363.00 $35.00 $2,328.00
05-04-437-003 205 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-205-013 101 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-205-014 100 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-205-015 99 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-205-017 97 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-205-018 96 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-205-019 95 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-205-020 94 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-205-022 92 SFD 1 $2,363.00 $35.00 $2,328.00
12/7/12 9:43AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-100\2012\Tax Page 2 of 8
United City of Yorkville
Special Services Area No.2003-100
(Raintree Village)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
05-09-205-024 90 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-205-025 89 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-205-026 88 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-205-028 86 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-205-029 85 SFD l $2,363.00 $35.00 $2,328.00
05-09-205-030 84 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-207-001 21 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-207-002 22 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-207-004 24 SFD l $2,363.00 $35.00 $2,328.00
05-09-207-005 25 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-207-006 26 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-207-007 27 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-207-009 30 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-001 37 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-002 36 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-003 35 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-004 34 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-005 33 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-006 32 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-007 31 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-008 50 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-009 49 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-010 48 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-011 47 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-012 46 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-013 45 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-208-014 44 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-209-002 72 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-209-003 73 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-209-004 74 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-209-005 75 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-210-001 66 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-210-002 67 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-210-003 68 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-210-004 69 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-210-005 70 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-210-006 51 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-210-007 52 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-210-008 53 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-210-009 54 SFD 1 $2,363.00 $35.00 $2,328.00
12/7/12 9:43AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-100\2012\Tax Page 3 of 8
United City of Yorkville
Special Services Area No.2003-100
(Raintree Village)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
05-09-210-010 55 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-210-011 56 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-211-001 76 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-211-002 77 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-211-003 78 SFD l $2,363.00 $35.00 $2,328.00
05-09-211-004 79 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-211-005 107 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-211-006 108 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-211-007 109 SFD l $2,363.00 $35.00 $2,328.00
05-09-225-001 102 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-225-002 103 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-226-001 104 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-227-001 112 SFD ] $2,363.00 $35.00 $2,328.00
05-09-227-002 113 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-227-003 114 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-227-004 115 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-227-005 116 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-227-006 117 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-228-001 202 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-228-002 201 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-228-003 200 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-229-001 180 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-229-002 181 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-229-003 182 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-229-004 177 SFD l $2,363.00 $35.00 $2,328.00
05-09-229-005 178 SFD 1 $2,363.00 $35.00 $2,328.00
05-09-229-006 179 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-101-001 199 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-101-002 198 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-101-003 197 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-101-004 196 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-101-005 195 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-101-006 194 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-101-007 193 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-001 183 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-002 184 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-003 185 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-004 186 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-005 187 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-006 188 SFD 1 $2,363.00 $35.00 $2,328.00
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United City of Yorkville
Special Services Area No.2003-100
(Raintree Village)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
05-10-102-007 189 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-008 190 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-009 191 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-010 165 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-011 166 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-012 167 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-013 168 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-014 169 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-015 170 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-016 171 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-017 172 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-018 173 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-019 174 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-020 175 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-102-021 176 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-103-002 161 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-103-003 162 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-103-004 163 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-103-005 164 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-103-006 147 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-103-007 148 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-103-008 149 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-103-009 150 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-103-010 151 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-104-001 144 SFD 1 $2,363.00 $35.00 $2,328.00
05-10-104-002 145 SFD 1 $2,363.00 $35.00 $2,328.00
Subtotal 185 $437,155.00 $6,475.00 $430,680.00
Duplex Property
05-03-354-007 234 DUP 2 $3,870.00 $58.00 $3,812.00
05-03-354-008 235 DUP 2 $3,870.00 $58.00 $3,812.00
05-03-354-009 233 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-354-010 233 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-355-005 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-355-006 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-355-007 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-355-008 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-355-009 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-355-010 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-355-011 230 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-015 221 DUP 1 $1,935.00 $29.00 $1,906.00
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United City of Yorkville
Special Services Area No.2003-100
(Raintree Village)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
05-03-375-016 221 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-017 223 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-018 223 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-019 222 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-020 222 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-021 224 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-022 224 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-023 225 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-024 225 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-025 226 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-026 226 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-027 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-028 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-029 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-030 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-031 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-032 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-033 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-375-034 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-013 260 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-014 260 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-015 259 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-016 259 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-017 258 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-019 257 DUP l $1,935.00 $29.00 $1,906.00
05-03-376-020 257 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-021 252 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-022 252 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-023 254 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-024 254 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-025 255 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-026 255 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-027 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-028 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-029 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-030 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-032 251 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-033 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-034 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-376-035 DUP 1 $1,935.00 $29.00 $1,906.00
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United City of Yorkville
Special Services Area No.2003-100
(Raintree Village)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
05-03-376-036 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-377-001 241 DUP 2 $3,870.00 $58.00 $3,812.00
05-03-377-002 242 DUP 2 $3,870.00 $58.00 $3,812.00
05-03-377-003 243 DUP 2 $3,870.00 $58.00 $3,812.00
05-03-377-004 244 DUP 2 $3,870.00 $58.00 $3,812.00
05-03-377-009 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-377-010 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-377-011 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-377-012 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-377-013 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-377-014 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-377-016 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-378-001 236 DUP 2 $3,870.00 $58.00 $3,812.00
05-03-378-002 237 DUP 2 $3,870.00 $58.00 $3,812.00
05-03-378-004 238 DUP 1 $1,935.00 $29.00 $1,906.00
05-03-378-005 238 DUP 1 $1,935.00 $29.00 $1,906.00
05-10-125-002 240 DUP 2 $3,870.00 $58.00 $3,812.00
05-10-125-004 239 DUP 1 $1,935.00 $29.00 $1,906.00
05-10-125-005 239 DUP 1 $1,935.00 $29.00 $1,906.00
Subtotal 80 $154,800.00 $2,320.00 $152,480.00
Prepaid Property Single Family Property
05-03-352-005 210 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-04-380-003 38 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-04-380-006 41 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-04-408-002 62 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-04-436-002 123 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-09-205-016 98 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-09-205-021 93 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-09-205-023 91 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-09-205-027 87 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-09-207-003 23 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-09-207-008 28 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-09-207-010 29 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-09-212-002 105 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-10-103-001 160 PREPAYS 1 $2,363.00 $2,363.00 $0.00
05-10-125-001 146 PREPAYS 1 $2,363.00 $2,363.00 $0.00
Subtotal 15 $35,445.00 $35,445.00 $0.00
Prepaid Property Duplex Property
261 PREPAYD 2 $3,870.00 $3,870.00 $0.00
05-03-355-012 230 PREPAYD 1 $1,935.00 $1,935.00 $0.00
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United City of Yorkville
Special Services Area No.2003-100
(Raintree Village)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
05-03-375-013 220 PREPAYD l $1,935.00 $1,935.00 $0.00
05-03-375-014 220 PREPAYD 1 $1,935.00 $1,935.00 $0.00
05-03-376-018 258 PREPAYD 1 $1,935.00 $1,935.00 $0.00
05-03-376-031 251 PREPAYD 1 $1,935.00 $1,935.00 $0.00
05-03-377-015 246 PREPAYD l $1,935.00 $1,935.00 $0.00
Subtotal 8 $15,480.00 $15,480.00 $0.00
Exempt
05-03-375-012 217 EXEMPT 0 $0.00 $0.00 $0.00
05-04-378-001 17 EXEMPT 0 $0.00 $0.00 $0.00
05-04-378-003 15 EXEMPT 0 $0.00 $0.00 $0.00
05-04-378-009 9 EXEMPT 0 $0.00 $0.00 $0.00
05-04-379-001 18 EXEMPT 0 $0.00 $0.00 $0.00
05-04-401-017 3 EXEMPT 0 $0.00 $0.00 $0.00
05-04-401-018 2 EXEMPT 0 $0.00 $0.00 $0.00
05-04-401-019 1 EXEMPT 0 $0.00 $0.00 $0.00
05-04-435-001 111 EXEMPT 0 $0.00 $0.00 $0.00
05-04-436-001 125 EXEMPT 0 $0.00 $0.00 $0.00
05-04-436-001 125 EXEMPT 0 $0.00 $0.00 $0.00
05-09-209-001 71 EXEMPT 0 $0.00 $0.00 $0.00
05-09-211-008 110 EXEMPT 0 $0.00 $0.00 $0.00
05-09-212-003 106 EXEMPT 0 $0.00 $0.00 $0.00
05-09-212-004 106 EXEMPT 0 $0.00 $0.00 $0.00
05-09-230-001 213 EXEMPT 0 $0.00 $0.00 $0.00
05-09-230-002 214 EXEMPT 0 $0.00 $0.00 $0.00
05-10-105-001 215 EXEMPT 0 $0.00 $0.00 $0.00
05-10-105-002 216 EXEMPT 0 $0.00 $0.00 $0.00
Subtotal 0 $0.00 $0.00 $0.00
GRAND TOTALS 288 $642,880.00 $59,720.00 $583,160.00
(#of units) (maximum taxes) (taxes abated) (taxes levied)
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Ordinance No. 2013-
ORDINANCE ABATING SPECIAL SERVICE AREA TAXES
FOR SPECIAL SERVICE AREA NUMBER 2003-101
(WINDETT RIDGE PROJECT) AND
APPROVING THE AMENDED SPECIAL TAX ROLL
BE IT ORDAINED BY THE CITY COUNCIL OF THE UNITED CITY OF
YORKVILLE, KENDALL COUNTY, ILLINOIS, AS FOLLOWS:
Section 1. It is found and declared by the City Council of the United City of
Yorkville, Kendall County, Illinois (the "City"), as follows:
(a) The City Council of the City adopted Ordinance No. 2003-57 on
August 12, 2003 (the "Bond Ordinance") which: (i)provided for the issuance of
$6,900,000 of Special Service Area Number 2003-101 Special Tax Bonds, Series 2003
(Windett Ridge Project) (the "Bonds"), of the United City of Yorkville, for the purpose of
paying for the costs of certain improvements benefiting the Special Service Area Number
2003-101 (the "Special Service Area"); and (ii)provided for the levy of a Special Tax
upon all taxable property within the Special Service Area sufficient to pay the principal
of the Bonds for each year at maturity or mandatory sinking fund redemption dates and to
pay interest and Administrative Expenses of the Special Service Area for each such year.
The Bond Ordinance also authorized the City to abate the taxes levied pursuant to such
Ordinance to the extent the taxes levied exceeded the Special Tax Requirement (as
defined in the Bond Ordinance) as calculated pursuant to the Special Tax Roll and Report
for the Special Service Area(the "Special Tax Roll").
(b) Pursuant to the Special Tax Roll, the Consultant of the City has
determined (i) that the Special Tax Requirement for 2012 for the Bonds is $545,808.00
and the 2012 Levy for Special Taxes is $545,808.00 (which complies with the Kendall
Ordinance No.2013-
Page 1
County tax billing requirement of rounding the per parcel special tax up to the nearest
even cent on single family property).
Section 2. Of the $616,325.00 of Special Taxes levied for calendar year 2012
pursuant to Section 6 of the Bond Ordinance $70,517.00 of such Special Taxes is hereby abated
resulting in a 2012 calendar year levy of$545,808.00.
Section 3. It is the duty of the County Clerk of Kendall County to abate those taxes
as provided in Section 2 of this Ordinance.
Section 4. The City Council of the City hereby approves the United City of Yorkville
Special Service Area Number 2003-101 Administration Report Levy Year 2012 dated December
7, 2012 prepared by David Taussig & Associates, Inc. and the 2012 Amended Special Tax Roll
attached to such report with such changes therein as are deemed necessary by the Mayor and the
City's consultant to reflect any changes in final parcel identification numbers.
Section 5. All ordinances, resolutions and orders or parts of ordinances, resolutions
and orders in conflict with this ordinance are repealed to the extent of such conflict. The City
Clerk shall cause this Ordinance to be published in pamphlet form. This Ordinance shall be in
full force and effect after passage and publication as provided by law.
Ordinance No.2013-
Page 2
Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this
day of , A.D. 2013.
City Clerk
ROSE ANN SPEARS DIANE TEELING
KEN KOCH JACKIE MILSCHEWSKI
CARLO COLOSIMO MARTY MUNNS
CHRIS FUNKHOUSER LARRY KOT
SIGNED by the Mayor this day of , 2013.
Mayor
ATTEST:
City Clerk
Published in pamphlet form January , 2013.
Ordinance No.2013-
Page 3
UNITED CITY OF YORKVILLE
E'ST. . 1936
SPECIAL SERVICE AREA NO.2003-101
ADMINISTRATION REPORT
LEVY YEAR 2012
DECEMBER 14,2012
Newport Beach
Riverside
San Francisco
Chicago
Dallas
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NO. 2003-101
2012 ADMINISTRATION REPORT
PREPARED FOR
UNITED CITY OF YORKVILLE
800 Game Farm Road
Yorkville, IL 60560
PREPARED BY
DAVID TAUSSIG&ASSOCIATES,INC.
Corporate Office
5000 Birch Street, Suite 6000
Newport Beach, California 92660
Division Offices
Riverside, California
San Francisco, California
Chicago, Illinois
Dallas, Texas
�J FSDAVID TAUSSIG
& ASSOCIATES
Table of Contents
Section Page
INTRODUCTION................................................................................................................................1
AUTHORIZED SPECIAL SERVICES................................................................................................................................1
BONDEDINDEBTEDNESS.............................................................................................................................................I
SPECIALTAXES ..........................................................................................................................................................2
I. SPECIAL TAX REQUIREMENT .....................................................................................................3
IL ACCOUNT ACTIVITY SUMMARY................................................................................................4
III. MAXIMUM,ABATED,AND EXTENDED SPECIAL TAXES..........................................................7
IV. PRIOR YEAR SPECIAL TAX COLLECTIONS............................................................................10
2011 SPECIAL TAX RECEIPTS....................................................................................................................................10
TAXSALES AND FORECLOSURES..............................................................................................................................10
V. DEVELOPMENT STATUS...........................................................................................................11
EQUALIZEDASSESSED VALUE..................................................................................................................................11
VI. OUTSTANDING BONDS............................................................................................................12
BOND REDEMPTIONS FROM SPECIAL TAX PREPAYMENTS........................................................................................12
SPECIAL TAX PREPAYMENTS....................................................................................................................................12
VII. EQUALIZED ASSESSED VALUE AND VALUE TO LIEN RATIO...............................................13
VIII. AD VALOREM PROPERTY TAX RATES................................................................................14
EXHIBIT A FUNDS AND ACCOUNTS
EXHIBIT B APPLICATION OF SPECIAL TAX
EXHIBIT C APPLICATION OF EARNINGS
EXHIBIT D SOURCES AND USES OF FUNDS
EXHIBIT E DEBT SERVICE SCHEDULE
EXHIBIT F AERIAL EXHIBIT OF SSA BOUNDARIES
EXHIBIT G SPECIAL TAX ROLL AND REPORT
EXHIBIT H 2012 AMENDED SPECIAL TAX ROLL
�J FSDAVID TAUSSIG
& ASSOCIATES
Introduction
This report calculates the 2012 special taxes required to pay annual debt service on the United
City of Yorkville (the "City") Special Service Area Number 2003-101 ("SSA No. 2003-101")
Special Tax Bonds, Series 2003 (Windett Ridge Project) (the "Series 2003 Bonds") and
administrative expenses and apportions the special taxes to each taxable parcel within SSA No.
2003-101. Pursuant to the Special Service Area Act (the "Act"), the City Aldermen are the
governing body of SSA No. 2003-101. The City Aldermen must annually, prior to the last
Tuesday of December, approve by ordinance the special taxes to be collected, abate the
Maximum Parcel Special Taxes in excess of the special taxes to be collected, and direct the
County Clerk of Kendall County to extend the special taxes for collection. The special taxes will
be billed on the tax bill for ad valorem property taxes.
SSA No. 2003-101 was established by Ordinance No. 2003-56 (the 'Establishing Ordinance"),
adopted on August 12, 2003. The Establishing Ordinance authorized SSA No. 2003-101 to
provide special services, issue bonds, and levy a special tax to repay the bonds.
Authorized Special Services
The authorized special services include:
• Engineering;
• Soil testing and appurtenant work;
• Mass grading and demolition;
• Storm water management facilities;
• Storm drainage systems and storm sewers;
• Site clearing and tree removal;
• Public water facilities;
• Sanitary sewer facilities;
• Erosion control measures;
• Roads, streets, curbs, gutters, street lighting, traffic controls, sidewalks, equestrian
paths and related street improvements, equipment and materials necessary for the
maintenance thereof,
• Landscaping, wetland mitigation and tree installation;
• Costs for land and easement acquisitions relating to any of the foregoing
improvements; and
• Required tap-on and related fees for water or sanitary sewer services and other
eligible costs.
Bonded Indebtedness
The Establishing Ordinance specified that not more than $15,000,000 in bonds may be issued by
SSA No. 2003-101. Ordinance No. 2003-57 (the 'Bond Ordinance"), adopted on August 12,
2003 approved the form of a trust indenture and preliminary limited offering memorandum and
provided for the issuance of not more than $7,300,000 in Series 2003 Bonds. The Series 2003
United City of Yorkville SSA No. 2003-101 Page 1
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
Bonds were issued in the amount of $6,900,000 in September 2003. The current debt service
schedule is attached hereto as Exhibit E and a brief summary of any optional redemption of
bonds is contained in Section VI herein.
Special Taxes
The Establishing Ordinance incorporates the United City of Yorkville Special Service Area
Number 2003-101 Special Tax Roll and Report (the "Special Tax Roll and Report"). The
Special Tax Roll and Report sets forth the Maximum Parcel Special Taxes which have been
levied for the payment of principal of and interest on the Series 2003 Bonds and the
administration and maintenance of SSA No. 2003-101 and is attached hereto as Exhibit G. A
table of the Maximum Parcel Special Taxes is included in Section III herein.
United City of Yorkville SSA No. 2003-101 Page 2
2012 Administration Report December 14, 2012
�DAVID TAUSSIG
& ASSOCIATES
I. Special Tax Requirement
The SSA No. 2003-101 2012 Special Tax Requirement is equal to $545,808. As shown in Table
1 below, the 2012 Special Tax Requirement is equal to the sum of the Series 2003 debt service
for the twelve months ending March 1, 2014, estimated administrative expenses, estimated
delinquencies, and reserve fund replenishment.
TABLE 1
SPECIAL SERVICE AREA NO 2003-101
2012 SPECIAL TAX REQUIREMENT
SOURCES OF FUNDS $545,808
Prior Year Surplus/(Deficit) $0
Earnings $0
Special Taxes
Billed $545,808
USES OF FUNDS ($545,808)
Debt Service
Interest-09/01/2013 ($202,400)
Interest-03/01/2014 ($202,400)
Principal -03/01/2014 ($88,000)
Administrative Expenses ($19,359)
Delinquent Special Taxes ($10,837)
Reserve Fund Replenishment ($22,812)
Projected Surplus/(Deficit)-09/01/2013 ($0)
United City of Yorkville SSA No. 2003-101 Page 3
2012 Administration Report December 14, 2012
�J PSDAVID TAUSSIG
& ASSOCIATES
H. Account Activity Summary
The Trust Indenture for the Series 2003 Bonds (the "2003 Indenture") establishes five funds and
three accounts. The five funds are the Bond and Interest Fund, Reserve Fund, Improvement
Fund, Administrative Expense Fund, and Rebate Fund. Within the Bond and Interest Fund are
the Capitalized Interest Account and Special Redemption Account. Within the Improvement
Fund is the Cost of Issuance Account. A diagram of the funds and accounts is included herein as
Exhibit A.
Money held in any of the funds and accounts can be invested at the direction of the City and in
conformance with the limitations set forth in the 2003 Indenture. Investment interest earnings, if
any, will generally be applied to the fund or account for which the investment is made.
Diagrams of the application of special taxes and earnings are attached as Exhibits B and C,
respectively.
A summary of account activity for the twelve months ending August 31, 2012 is shown in Table
2 below. A monthly summary of account activity is attached as Exhibit D.
United City of Yorkville SSA No. 2003-101 Page 4
2012 Administration Report December 14, 2012
�DAVID TAUSSIG
& ASSOCIATES
TABLE 2
SPECIAL SERVICE AREA No 2003-101
TRANSACTION SUMMARY
SPECIAL
ADMINISTRATIVE BOND AND REDEMPTION
EXPENSE FUND RESERVE FUND INTEREST FUND FUND
SOURCES OF FUNDS-ACTUAL
Beginning Balance-09/01/2011 $7,867 $607,709 $151,781 $25,352
Earnings $0 $20,618 $0 $0
Special Taxes
PriorYear(s) $0 $0 $379,661 $0
Levy Year 2011 $0 $0 $91,385 $0
Miscellaneous $0 $0 $0 $0
USES OF FUNDS-ACTUAL
Acco u nt Tra n sfe rs $0 ($32,127) $32,127 $0
Administrative Expense Transfers
Fiscal Year 2011 Prefunding $23,384 $0 ($23,384) $0
Fiscal Year 2011 Budget $0 $0 $0 $0
Debt Service
Interest- 09/01/2011 $0 $0 ($207,934) $0
Interest- 03/01/2012 $0 $0 ($207,109) $0
Principal- 03/01/2012 $0 $0 ($63,000) $0
Bond Redemptions/Prepayments
Receipts $0 $0 $0 $0
Principal Redemption $0 $0 $0 ($24,720)
Redemption Premium $0 $0 $0 $0
Refund to Property Owners $0 $0 ($1,084) $0
Administrative Expenses ($16,282) $0 $0 $0
Ending Balance-08/31/2012 $14,969 $596,200 $152,443 $632
United City of Yorkville SSA No. 2003-101 Page 5
2012 Administration Report December 14, 2012
�DAVID TAUSSIG
& ASSOCIATES
The calculation of the estimated 2013 bond year-end fund balances and excess reserve funds is
shown in Table 3 below.
TABLE 3
SPECIAL SERVICE AREA NO 2003-101
ESTIMATED 2013 BOND YEAR-END FUND BALANCES
SEPTEMBER 1, 2012 THROUGH MARCH 1, 2013
SPECIAL
ADMINISTRATIVE BOND AND REDEMPTION
EXPENSE FUND RESERVE FUND INTEREST FUND FUND
SOURCES OF FUNDS- PROJECTED
Beginning Balance-08/31/2012 $14,969 $596,200 $152,443 $632
Earnings $0 $10,481 $0 $0
Special Taxes
PriorYear(s) $0 $0 $0 $0
Levy Year 2011 $0 $0 $298,151 $0
USES OF FUNDS- PROJECTED
Acco u nt Tra n sf e rs $0 ($33,293) $33,293 $0
Administrative Expense Transfers
Levy Year 2012 Prefunding $0 $0 $0 $0
Levy Year 2011 Budget $0 $0 $0 $0
Debt Service
Interest- 09/01/2012 $0 $0 ($204,944) $0
Principal- 03/01/2013 $0 $0 ($74,000) $0
Interest- 03/01/2013 ($204,944)
Administrative Expenses
Remaining Levy Year 2011 Expenses ($11,855) $0 $0 $0
Ending Balance-03/01/2013 $3,114 $573,388 $0 $632
Reserve Fund Requirement $0 ($596,200) $0 $0
Funds Not Eligible for Levy Surplus ($3,114) $0 $0 ($632)
Projected Surplus/(Deficit) 03/01/2013 $0 ($22,812) $0 $0
United City of Yorkville SSA No. 2003-101 Page 6
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
III. Maximum, Abated, and Extended Special Taxes
Pursuant to the Special Tax Roll and Report, the 2012 Maximum Parcel Special Taxes equal
$616,325. Subtracting the 2012 Special Tax Requirement of$545,808, results in an abatement
of$70,517. In accordance with the Special Tax Roll and Report the Maximum Parcel Special
Tax applicable to each Parcel in SSA 2003-101 is abated in equal percentages until the special
tax remaining equals the Special Tax Requirement.
The maximum, abated, and extended special tax for each special tax classification is shown in
Table 4 below. The Amended Special Tax Roll, which lists the maximum, abated, and extended
special tax for each parcel, is attached as Exhibit H. Note, the special tax levy and abatement
have been adjusted to reconcile with the special taxes set forth in the bond ordinance.
TABLE 4
SPECIAL SERVICE AREA NO 2003-101
MAXIMUM, ABATED AND EXTENDED SPECIAL TAXESI
MAXIMUM
PARCEL ABATED EXTENDED
SPECIAL TAX CLASSIFICATION SPECIAL TAX' SPECIAL TAX SPECIAL TAX
Single Famil y Dwelling Unit $2,225.00 $33.00 $2,192.00
Single Family Dwelling Unit - Pre $2,225.001 $2,225.001 $0.00
1 Adjusted to reconcile with the special taxes set forth in the bond ordinance
United City of Yorkville SSA No. 2003-101 Page 7
2012 Administration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
A comparison of the maximum and extended special tax amounts for 2012 and 2011 is shown in
Table 5 below.
TABLE 5
SPECIAL SERVICE AREA NO 2003-101
COMPARISON OF MAXIMUM AND EXTENDED SPECIAL TAXES
LEVY YEAR LEVY YEAR PERCENTAGE
SPECIAL TAX CLASSIFICATION 2012 2011 CHANGE
Maximum Parcel Special Tax
Single Family Dwelling Unit 1 $2,225.00 $2,192.00 1.5%
Extended Special Tax
Single Family Dwelling Unit 1 $2,192.00 $1,947.68 12.5%
The schedule of the remaining SSA No. 2003-101 Maximum Parcel Special Taxes is shown in
Table 6 on the following page. The Maximum Parcel Special Taxes escalate one and one-half
percent(1.50%) annually through 2031.
United City of Yorkville SSA No. 2003-101 Page 8
2012 Administration Report December 14, 2012
�DAVID TAUSSIG
& ASSOCIATES
TABLE 6
SPECIAL SERVICE AREA NO 2003-101
MAXIMUM PARCEL SPECIAL TAXES
LEVY COLLECTION PER SINGLE
YEAR YEAR AGGREGATE FAMILY UNIT
2012 2013 $607,184 $2,192
2013 2014 $616,325 $2,225
2014 2015 $625,466 $2,258
2015 2016 $634,884 $21292
2016 2017 $644,302 $25326
2017 2018 $653,997 $21361
2018 2019 $663,692 $2,396
2019 2020 $673,664 $2,432
2020 2021 $683,636 $2,468
2021 2022 $693,885 $25505
2022 2023 $704,411 $21543
2023 2024 $714,937 $21581
2024 2025 $725,740 $2,620
2025 2026 $736,543 $2,659
2026 2027 $7471)623 $2,699
2027 2028 $7581)703 $2,739
2028 2029 $770,060 $2,780
2029 2030 $781,694 $21822
2030 2031 $793,328 $21864
2031 2032 $805,239 $2,907
United City of Yorkville SSA No. 2003-101 Page 9
2012 Administration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
IV. Prior Year Special Tax Collections
The SSA No. 2003-101 special tax is billed and collected by Kendall County (the "County") in
the same manner and at the same time as general ad valorem property taxes. The City may
provide for other means of collecting the special tax, if necessary to meet the financial
obligations of SSA No. 2003-101.
2011 Special Tax Receipts
As of December 6, 2012 SSA No. 2003-101 2011 special tax receipts totaled $389,536.00.
Special taxes in the amount $95,436.32 are unpaid for delinquency rate of 19.68%. A
breakdown of the paid and unpaid special taxes by owner of record is shown in Table 7 below.
TABLE 7
SPECIAL SERVICE AREA NO 2003-101
2011 TOTAL AND UNPAID SPECIAL TAXES 2
TOTAL UNPAID
SPECIAL SPECIAL PERCENT
OWNER TAXES TAXES UNPAID
Homeowners $155,814.40 $3,895.36 2.50%
Developer 2
evelo ere $329,157.92 $91,540.96 27.81%
Total $484,972.32 $95,436.32 19.68%
Tax Sales and Foreclosures
The lien and foreclosure remedies provided for in Article 9 of the Illinois Municipal Code shall
apply upon the nonpayment of the special tax. The City is not currently pursuing any
foreclosure actions.
Forty-nine (49)parcels were delinquent on November 13, 2012 and were presented for tax sale at
the Kendall County Annual Tax Sale held on November 14, 2012. The delinquent special taxes
for the forty-nine (49) delinquent parcels were not sold and remain unpaid.
2 Windette Ridge LLC
United City of Yorkville SSA No. 2003-101 Page 10
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
V. Developm en t Status
SSA No. 2003-101 is comprised of two hundred seventy-seven (277) single family homes which
is consistent with the original projections. An aerial map of SSA No. 2003-101 is attached as
Exhibit F. The number of units in each plat is summarized in Table 8 below.
TABLE 8
SPECIAL SERVICE AREA No 2003-101
LAND USE SUMMARY
PLAT RECORDED I LAND USE NUMBER OF UNITS
Unit 1 Yes Single Family 261
Unit 2 Yes Single Family 16
Totall 277
Equalized Assessed Value
Equalized assessed value decreased in 2011 to $8,364,243. The average assessed value per
single family dwelling unit was $78,170.
United City of Yorkville SSA No. 2003-101 Page 11
2012 A dm in istration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
VT Outstanding Bonds
The Series 2003 Bonds were issued in September 2003 as fixed rate bonds with an original
principal amount of $6,900,000. As of September 2, 2012, the outstanding principal was
$5,962,000. The current debt schedule adjusted for early redemptions from special tax
prepayments is attached herein as Exhibit E.
Bond Redemptions from Special Tax Prepayments
As a result of special tax prepayments received from property owners, $696,000 of the Series
2003 Bonds have been redeemed as shown in Table 9 below.
TABLE 9
SPECIAL SERVICE AREA NO 2003-101
SPECIAL MANDATORY BOND REDEMPTIONS
FROM SPECIAL TAX PREPAYMENTS
REDEMPTION DATE BONDS REDEEMED
September 1, 2005 $49,000
March 1, 2006 $99,000
September 1, 2009 $24,000
March 1, 2007 $27,000
June 1, 2007 $49,000
September 1, 2007 $74,000
March 1, 2008 $126,000
September 1, 2008 $224,000
September 1, 2011 $24,000
Total Re de a me d $696,000
Special Tax Prepayments
The SSA No. 2003-101 Maximum Parcel Special Tax may be prepaid and permanently satisfied,
or prepaid in part, provided that proceeds for any such prepayment are sufficient to permit the
redemption of Bonds in such amounts and maturities deemed necessary by the Administrator and
in accordance with the Bond Indenture. The prepayment calculation formula is set forth in the
Special Tax Roll and Report.
To-date, the Maximum Parcel Special Tax has been prepaid in full for 28 single family dwelling
units.
United City of Yorkville SSA No. 2003-101 Page 12
2012 A dm in istration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
VII. Equalized Assessed Value and Value to Lien Ratio
The SSA No. 2003-101 Equalized Assessed Value and Value-to-Lien Ratio is shown in Table 10
below.
TABLE 10
SPECIAL SERVICE AREA NO 2003-101
EQUALIZED ASSESSED VALUE AND VALUE TO LIEN RATIO
EQUALIZED 2011 OUTSTANDING VALUE TO UFN
ASSESSED VALUES APPRAISED VALuO BONDS' RATIO
$8,364,243 $25,092,729 $5,962,000 4.21:1
3 Source: Kendall County.
4 Appraised Value is equal to three times the equalized assessed value.
5 As of September 2,2012.
United City of Yorkville SSA No. 2003-101 Page 13
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
VIII. Ad Valorem Property Tax Rates
The 2011 general ad valorem tax rates for SSA No. 2003-101 are shown in Table 11 below.
TABLE 11
SPECIAL SERVICE AREA NO 2003-101
2011 AD VALOREM PROPERTY TAX RATES
City Rates 0.90196%
Corporate 0.55769%
I.M.R.F. 0.08038%
Police Protection 0.06203%
Police Pension 0.06702%
Garbage 0.00000%
Audit 0.00983%
Liability Insurance 0.06150%
Social Security/IMRF 0.05460%
School Crossing Guard 0.00444%
Unemployment Insurance 0.00447%
IMRF—Library 0.00000%
Social Security-Library 0.00000%
Kendall Township6 7.64040%
County 0.63963%
Kendall Township 0.07788%
Forest Preserve 0.10412%
Library 0.25894%
School District CU-115 5.27666%
Junior College#516 0.41153%
Bristol-Kendall Fire Protection District 0.67336%
Yorkville/Bristol Sanitary District 0.00000%
Kendall Road District 0.19827%
Total Tax Rate 8.54235%
6 For tax code KE016 per the Kendall County.
United City of Yorkville SSA No. 2003-101 Page 14
2012 Administration Report December 14, 2012
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT A
UNITED CITY OF YORKVILLE SSA N0. 2003-101
FUNDS AND ACCOUNTS
United City of Yorkville
Special Service Area No. 2003-101
Funds and Accounts
SSA No. 2003-101
Funds/Accounts
Reserve Fund Bond and Rebate Fund Improvement Administrative
Interest Fund Fund Expense Fund
Capitalized Special Cost of Issuance
Interest Redemption Account
Account Account
DAVID TAUSSIG
& ASSOCIATES
EXHIBIT B
UNITED CITY OF YORKVILLE SSA N0. 2003-101
APPLICA TION OF SPECIAL TAX
United City of Yorkville
Special Service Area No. 2003-101
Application of Special Taxi
SSA No. 2003-101
Funds/Accounts
Bond and Rebate Fund Improvement Administrative
Reserve Fund Interest Fund 3 pFund Expense Fund
12 � 2
Capitalized Special Cost of Issuance
Interest Redemption Account
Account Account
1. Special Tax applied in sequence indicated.
2. In an amount sufficient to pay interest and principal on the Bonds.
itDAVID TAUSSIG
& ASSOCIATES
EXHIBIT C
UNITED CITY OF YORKVILLE SSA N0. 2003-101
APPLICA TION OFEARNINGS
United City of Yorkville
Special Service Area No. 2003-101
Application of Earnings'
SSA No. 2003-101
Funds/Accounts
Rebate Fund Bond and Reserve Fund2 Improvement Administrative
Interest Fun > Fund Expense Fund
Capitalized Special
Interest Redemption ost of Issuance
Acc unt Account Account
1. Earnings remain in fund or account from which they accrued unless otherwise indicated.
2. Reserve Fund earnings are transferred to the Improvement Fund until March 1, 2006 and to the Bond and
Interest Fund thereafter.
1
DAVID TAUSSIG
& ASSOCIATES
EXHIBIT D
UNITED CITY OF YORKVILLE SSA No. 2003-101
SOURCES AND USES
United City of Yorkville Special Service Area No. 2003-101
Windett Ridge - Series 2003
September 2011
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $7,867 $0 $0 $382,477 $0 $0 $607,709 $0 $25,352 $1,023,404
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $38,660 $0 $0 $0 $0 $0 $38,660
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $10,309 $0 $0 $10,309
MISCELLANEOUS $0 $0 $0 LO $0 $0 $0 LO LO Lo
TOTAL SOURCES $0 $0 $0 $38,660 $0 $0 $10,309 $0 $0 $48,970
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 ($207,934) $0 $0 $0 $0 $0 ($207,934)
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 ($24,720) ($24,720)
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($3,549) $0 $0 $0 $0 $0 $0 $0 $0 ($3,549)
MISCELLANEOUS $00 $00 $00 $-0 $00 $0 $0 $0 $-0 L
TOTAL USES ($3,549) $0 $0 ($207,934) $0 $0 $0 $0 ($24,720) ($236,203)
TRANSFERS $0 $0 $0 $56,153 $0 $0 ($56,153) $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:42
PAGE:95
United City of Yorkville Special Service Area No. 2003-101
Windett Ridge - Series 2003
October 2011
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $4,318 $0 $0 $269,356 $0 $0 $561,865 $0 $632 $836,170
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $110,293 $0 $0 $0 $0 $0 $110,293
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 LO $0 $0 $0 LO $-0 Lo
TOTAL SOURCES $0 $0 $0 $110,293 $0 $0 $0 $0 $0 $110,293
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,614) $0 $0 $0 $0 $0 $0 $0 $0 ($2,614)
MISCELLANEOUS $00 $00 $00 $-0 $00 $0 $0 $0 $-0 L
TOTAL USES ($2,614) $0 $0 $0 $0 $0 $0 $0 $0 ($2,614)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:42
PAGE:96
United City of Yorkville Special Service Area No. 2003-101
Windett Ridge - Series 2003
November 2011
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $1,704 $0 $0 $379,649 $0 $0 $561,865 $0 $632 $943,849
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $12 $0 $0 $0 $0 $0 $12
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $_0 $0 $0 $0 LO $_0 Lo
TOTAL SOURCES $0 $0 $0 $12 $0 $0 $0 $0 $0 $12
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $_0 $0 $00 $00 $00 $_0 L
TOTAL USES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:42
PAGE:97
United City of Yorkville Special Service Area No. 2003-101
Windett Ridge - Series 2003
December 2011
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $1,704 $0 $0 $379,661 $0 $0 $561,865 $0 $632 $943,861
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $_0 $0 $0 $0 LO $_0 Lo
TOTAL SOURCES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS 5-0 Lo �—o 1084 L U0 Lo U0 $-0 1084
TOTAL USES $0 $0 $0 ($1,084) $0 $0 $0 $0 $0 ($1,084)
TRANSFERS $23,384 $0 $0 ($81,919) $0 $0 $58,535 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:42
PAGE:98
United City of Yorkville Special Service Area No. 2003-101
Windett Ridge - Series 2003
January 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $25,088 $0 $0 $296,658 $0 $0 $620,400 $0 $632 $942,777
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $_0 $0 $0 $0 LO $_0 Lo
TOTAL SOURCES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,614) $0 $0 $0 $0 $0 $0 $0 $0 ($2,614)
MISCELLANEOUS $00 $00 $00 $_0 $00 $0 $0 $0 $_0 L
TOTAL USES ($2,614) $0 $0 $0 $0 $0 $0 $0 $0 ($2,614)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:42
PAGE:99
United City of Yorkville Special Service Area No. 2003-101
Windett Ridge - Series 2003
February 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $22,473 $0 $0 $296,658 $0 $0 $620,400 $0 $632 $940,163
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $_0 $0 $0 $0 LO $_0 Lo
TOTAL SOURCES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $_0 $0 $00 $00 $00 $_0 L
TOTAL USES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
TRANSFERS $0 $0 $0 $35,800 $0 $0 ($35,800) $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:42
PAGE:100
United City of Yorkville Special Service Area No. 2003-101
Windett Ridge - Series 2003
March 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $22,473 $0 $0 $332,458 $0 $0 $584,600 $0 $632 $940,163
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $10,309 $0 $0 $10,309
MISCELLANEOUS $0 $0 $0 $_0 $0 $0 $0 LO Lo Lo
TOTAL SOURCES $0 $0 $0 $0 $0 $0 $10,309 $0 $0 $10,309
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 ($270,109) $0 $0 $0 $0 $0 ($270,109)
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $_0 $0 $00 $00 $00 $_0 L
TOTAL USES $0 $0 $0 ($270,109) $0 $0 $0 $0 $0 ($270,109)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:42
PAGE:101
United City of Yorkville Special Service Area No. 2003-101
Windett Ridge - Series 2003
April 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $22,473 $0 $0 $62,349 $0 $0 $594,909 $0 $632 $680,363
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $_0 $0 $0 $0 LO $_0 Lo
TOTAL SOURCES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,627) $0 $0 $0 $0 $0 $0 $0 $0 ($2,627)
MISCELLANEOUS $0 $0 $0 $_0 $0 $0 $0 $0 $_0 L
TOTAL USES ($2,627) $0 $0 $0 $0 $0 $0 $0 $0 ($2,627)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
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PAGE:102
United City of Yorkville Special Service Area No. 2003-101
Windett Ridge - Series 2003
May 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $19,846 $0 $0 $62,349 $0 $0 $594,909 $0 $632 $677,736
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $34,708 $0 $0 $0 $0 $0 $34,708
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $_0 $0 $0 $0 LO $_0 Lo
TOTAL SOURCES $0 $0 $0 $34,708 $0 $0 $0 $0 $0 $34,708
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $_0 $0 $00 $00 $00 $_0 L
TOTAL USES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:42
PAGE:103
United City of Yorkville Special Service Area No. 2003-101
Windett Ridge - Series 2003
June 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $19,846 $0 $0 $97,056 $0 $0 $594,909 $0 $632 $712,443
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $39,875 $0 $0 $0 $0 $0 $39,875
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $_0 $0 $0 $0 LO $_0 Lo
TOTAL SOURCES $0 $0 $0 $39,875 $0 $0 $0 $0 $0 $39,875
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,250) $0 $0 $0 $0 $0 $0 $0 $0 ($2,250)
MISCELLANEOUS $0 $0 $0 $_0 $0 $0 $0 $0 $_0 L
TOTAL USES ($2,250) $0 $0 $0 $0 $0 $0 $0 $0 ($2,250)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:42
PAGE:104
United City of Yorkville Special Service Area No. 2003-101
Windett Ridge - Series 2003
July 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $17,596 $0 $0 $136,932 $0 $0 $594,909 $0 $632 $750,069
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $1,377 $0 $0 $0 $0 $0 $1,377
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $-0 $0 $0 $0 LO $-0 Lo
TOTAL SOURCES $0 $0 $0 $1,377 $0 $0 $0 $0 $0 $1,377
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,627) $0 $0 $0 $0 $0 $0 $0 $0 ($2,627)
MISCELLANEOUS $0 $0 $0 $-0 $0 $0 $0 $0 $-0 L
TOTAL USES ($2,627) $0 $0 $0 $0 $0 $0 $0 $0 ($2,627)
TRANSFERS $0 $0 $0 ($17,900) $0 $0 $17,900 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:42
PAGE:105
United City of Yorkville Special Service Area No. 2003-101
Windett Ridge - Series 2003
August 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST IMPROVEMENT INTEREST RESERVE REBATE REDEMPTION
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $14,969 $0 $0 $120,408 $0 $0 $612,809 $0 $632 $748,818
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $15,426 $0 $0 $0 $0 $0 $15,426
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 Lo $0 $0 $0 LO $_0 Lo
TOTAL SOURCES $0 $0 $0 $15,426 $0 $0 $0 $0 $0 $15,426
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 $_0 $0 $00 $00 $00 $_0 L
TOTAL USES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
TRANSFERS $0 $0 $0 $16,609 $0 $0 ($16,609) $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINTED: 11/12/12 15:42
PAGE:106
DAVID TAUSSIG
& ASSOCIATES
EXHIBIT E
UNITED CITY OF YORKVILLE SSA N0. 2003-101
DEBT SERVICE SCHEDULE
DAVID TAUSSIG
� J I%& ASSOCIATES
UNITED CITY OF YORKVILLE
COMMUNITY FACILITIES DISTRICT NO. 2003-101
DEBT SERVICE SCHEDULE
YEAR ENDING
(3/1) PAYMENT DATE PRINCIPAL INTEREST DEBT SERVICE
2012 9/1/2011 $0 $207,934 $207,934
2012 3/1/2012 $63,000 $207,109 $270,109
2013 9/1/2012 $0 $204,944 $204,944
2013 3/1/2013 $74,000 $204,944 $278,944
2014 9/1/2013 $0 $202,400 $202,400
2014 3/1/2014 $88,000 $202,400 $290,400
2015 9/1/2014 $0 $199,375 $199,375
2015 3/1/2015 $101,000 $199,375 $300,375
2016 9/1/2015 $0 $195,903 $195,903
2016 3/1/2016 $115,000 $195,903 $310,903
2017 9/1/2016 $0 $191,950 $191,950
2017 3/1/2017 $128,000 $191,950 $319,950
2018 9/1/2017 $0 $187,550 $187,550
2018 3/1/2018 $146,000 $187,550 $333,550
2019 9/1/2018 $0 $182,531 $182,531
2019 3/1/2019 $164,000 $182,531 $346,531
2020 9/1/2019 $0 $176,894 $176,894
2020 3/1/2020 $184,000 $176,894 $360,894
2021 9/1/2020 $0 $170,569 $170,569
2021 3/1/2021 $205,000 $170,569 $375,569
2022 9/1/2021 $0 $163,522 $163,522
2022 3/1/2022 $225,000 $163,522 $388,522
2023 9/1/2022 $0 $155,788 $155,788
2023 3/1/2023 $251,000 $155,788 $406,788
2024 9/1/2023 $0 $147,159 $147,159
2024 3/1/2024 $277,000 $147,159 $424,159
2025 9/1/2024 $0 $137,638 $137,638
2025 3/1/2025 $304,000 $137,638 $441,638
2026 9/1/2025 $0 $127,188 $127,188
2026 3/1/2026 $333,000 $127,188 $460,188
2027 9/1/2026 $0 $115,741 $115,741
2027 3/1/2027 $367,000 $115,741 $482,741
2028 9/1/2027 $0 $103,125 $103,125
2028 3/1/2028 $400,000 $103,125 $503,125
2029 9/1/2028 $0 $89,375 $89,375
2029 3/1/2029 $434,000 $89,375 $523,375
2030 9/1/2029 $0 $74,456 $74,456
2030 3/1/2030 $474,000 $74,456 $548,456
2031 9/1/2030 $0 $58,163 $58,163
2031 3/1/2031 $518,000 $58,163 $576,163
2032 9/1/2031 $0 $40,356 $40,356
2032 3/1/2032 $563,000 $40,356 $603,356
2033 9/1/2032 $0 $21,003 $21,003
2033 3/1/2033 $611,000 $21,003 $632,003
$6,025,000 $6,306,300 $12,331,300
Outstanding Principal as of 03/02/2013 $5,888,000
DAVID TAUSSIG
& ASSOCIATES
EXHIBIT F
UNITED CITY OF YORKVILLE SSA No. 2003-101
AERIAL EXHIBIT OF SSA BOUNDARIES
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DAVID TAUSSIG
& ASSOCIATES
EXHIBIT G
UNITED CITY OF YORKVILLE SSA No. 2003-101
,SPECIAL TAX ROLL AND REPORT
UNITED CITY OF YORKVILLE
SPECIAL SERVICES AREA NUMBER 2003-101
SPECIAL TAX ROLL AND REPORT
September 4, 2003
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NUMBER 2003-101
SPECIAL TAX ROLL AND REPORT
Prepared for Prepared by
UNITED CITY OF YORKVILLE DAVID TAUSSIG& ASSOCIATES, INC.
800 Game Farm Road 1301 Dove Street, Suite 600
Yorkville, IL 60560 Newport Beach, CA 92660
(630) 553-7575 (949) 955-1500
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NUMBER 2003-101
SPECIAL TAX ROLL AND REPORT
TABLE OF CONTENTS
Section Page
I. INTRODUCTION....................................................................................................................1
II. DEFINITIONS........................................................................................................................1
III. SPECIAL SERVICE AREA DESCRIPTION..............................................................................3
A. BOUNDARIES OF SSA No. 2003-101 ............................................................................3
B. ANTICIPATED LAND USES.............................................................................................3
IV. SPECIAL SERVICES..............................................................................................................3
A. GENERAL DESCRIPTION................................................................................................3
B. ESTIMATED COSTS........................................................................................................4
C. ALLOCATION.................................................................................................................5
D. ALTERNATIVES, MODIFICATIONS, AND/OR SUBSTITUTIONS .......................................12
V. BOND ASSUMPTIONS..........................................................................................................12
VI. MAXIMUM PARCEL SPECIAL TAX....................................................................................12
A. DETERMINATION.........................................................................................................13
B. APPLICATION..............................................................................................................13
C. ESCALATION...............................................................................................................14
D. TERM..........................................................................................................................14
E. SPECIAL TAX ROLL AMENDMENT...............................................................................14
F. OPTIONAL PREPAYMENT.............................................................................................14
G. MANDATORY PREPAYMENT........................................................................................14
VII. ABATEMENT AND COLLECTION........................................................................................15
A. ABATEMENT ...............................................................................................................1 S
B. COLLECTION PROCESS................................................................................................1 S
C. ADMINISTRATIVE REVIEW..........................................................................................15
VIII. AMENDMENTS....................................................................................................................16
List of Exhibits
Exhibit A—Special Tax Roll
Exhibit B—Prepayment of the Maximum Parcel Special Tax
I. INTRODUCTION
Pursuant to the provisions of the Act and in accordance with the "Establishing
Ordinance" being Ordinance No. 2003-56 passed by the City Council of the United City
of Yorkville, County of Kendall, State of Illinois, on August 12, 2003 in connection with
the proceedings for Special Service Area Number 2003-101 (hereinafter referred to as
"SSA No. 2003-101"), this Special Tax Roll and Report of SSA No. 2003-101 (the
"Report") is herewith submitted and made part of the Establishing Ordinance.
II. DEFINITIONS
The terms used herein shall have the following meanings:
"Act" means the Special Service Area Tax Act, being 35 ILCS 200/27-5 et seq., as
amended.
"Administrative Expenses" means the following actual or reasonably estimated costs
permitted in accordance with the Act and directly related to the administration of SSA
No. 2003-101 and the Bonds as determined by the City or its designee: the costs of
computing the Special Taxes and of preparing the amended Special Tax Roll (whether by
the City or designee thereof or both); the costs of collecting the Special Taxes (whether
by the City, the County, or otherwise); the costs of remitting the Special Taxes to the
fiscal agent and/or trustee for any Bonds; the costs of the fiscal agent and/or trustee
(including its legal counsel) in the discharge of the duties required of it under the Bond
Indenture; the costs of the City or designee in computing the amount of rebatable
arbitrage, if any; the costs of the City or designee in obtaining ratings of the Bonds; the
costs of the City or designee in complying with the disclosure requirements of applicable
federal and state securities laws and of the Act, including, but not limited to, public
inquiries regarding the Special Taxes; the costs associated with the release of funds from
any escrow account or funds held pursuant to the Bond Indenture; and any termination
payments owed by the City in connection with any guaranteed investment contract,
forward purchase agreement, or other investment of funds held under the Bond Indenture.
Administrative Expenses shall also include amounts advanced by the City for any
administrative purpose of SSA No. 2003-101 including the costs of computing Special
Tax Bond Prepayment amounts, recording of lien satisfaction or other notices related to a
Special Tax Bond Prepayment or Mandatory Special Tax Prepayment, discharge or
satisfaction of Special Taxes; and the costs of commencing and pursuing to completion
any foreclosure action arising from and pursuing the collection of delinquent Special
Taxes and the reasonable fees of legal counsel to the City incurred in connection with all
of the foregoing.
"Administrator" means the designee of the City responsible for determining the Special
Taxes and assisting the City and the County in providing for the collection of the Special
Taxes, continuing disclosure, and any other administrative efforts related to SSA No.
2003-101.
"Bond Indenture" means the trust indenture and any supplemental indentures between
the City and the trustee named therein authorizing the issuance of the Bonds.
Special Tar Roll and Report Page 1
City of Yorkville Special Service Area No.2003-101 September 4,2003
"Bonds" means any bonds or other debt, including refunding bonds, whether in one or
more series, issued by the City and secured by the Maximum Parcel Special Tax for SSA
No. 2003-101, the proceeds of which will be used to finance inter alia, all or a portion of
the public improvements.
"Calendar Year" means the twelve-month period starting January 1 and ending
December 31.
"City" means the United City of Yorkville, County of Kendall, State of Illinois.
"Council" means the Mayor and City Council, having jurisdiction over SSA No. 2003-
101.
"County" means the County of Kendall, Illinois.
"Dwelling Unit" means a residential dwelling unit.
"Final Plat" means a final plat of subdivision approved by the City and recorded with
the County.
"Mandatory Special Tax Prepayment" means the Special Tax Bond Prepayment
required upon a reduction in the anticipated number of Dwelling Units as described more
fully in Section VI.G herein and calculated pursuant to Exhibit B herein.
"Maximum Parcel Special Tax" means the maximum special tax, determined in
accordance with Section VI that can be collected by the City in any Calendar Year on any
Parcel. Maximum Parcel Special Taxes means the amount determined by multiplying the
greater of the actual or anticipated number of Dwelling Units by the Maximum Parcel
Special Tax.
"Maximum SSA Special Taxes" means the Maximum Parcel Special Taxes plus any
additional special taxes levied, in accordance with any supplemental ordinances adopted
by the City, that can be collected by the City in any Calendar Year.
"Parcel" means a lot or parcel within the boundaries of SSA No. 2003-101 shown on a
Final Plat and/or PIN Map.
"Partial Special Tax Bond Prepayment" means that amount required to partially
prepay the Maximum Parcel Special Tax computed pursuant to Exhibit B herein.
"PIN Map" means an official map of the County Assessments Division or other
authorized County official designating parcels by permanent index number.
"Preliminary Plat" means the preliminary subdivision plat for SSA No. 2003-101
approved by the City, as may be amended.
Special Tar Roll and Report Page 2
City of Yorkville Special Service Area No.2003-101 September 4,2003
"Residential Property" means all Parcels within the boundaries of SSA No. 2003-101
on which Dwelling Units have been, may be, or are anticipated to be constructed as
determined from the Preliminary Plat, or any Final Plat, as applicable.
"Special Tax" means the special tax to be extended in each Calendar Year on each
Parcel.
"Special Tax Bond Prepayment" means that amount required to prepay the Maximum
Parcel Special Tax computed pursuant to Exhibit B herein in order to fully release the
lien of the Maximum Parcel Special Tax.
"Special Tax Requirement" means that amount determined by the City or its designee
as required in any Calendar Year to pay: (1) the Administrative Expenses, (2) debt
service on any Bonds, (3) reasonably anticipated delinquent Special Taxes, (4) any
amount required to replenish any reserve fund established in connection with such Bonds,
(5) the costs of credit enhancement and fees for instruments that serve as the basis of a
reserve fund in lieu of cash related to any such Bonds, and less (6) available funds as
directed under the Bond Indenture.
"Special Tax Roll" means the Special Tax Roll included herein as Exhibit A, as may be
amended pursuant to Section VI.E.
III. SPECIAL SERVICE AREA DESCRIPTION
A. BOUNDARIES of SSA No. 2003-101
SSA No. 2003-101 consists of approximately one hundred seventy (170) acres
which is generally located east of the State Route 47 and Legion Road
intersection, a few miles south of State Route 71, the legal description for which
is attached as Exhibit D of the Establishing Ordinance.
B. ANTICIPATED LAND USES
SSA No. 2003-101 is anticipated to consist of two hundred seventy-seven (277)
single-family homes and approximately five and seven-tenths acres of
commercial development.
IV. SPECIAL SERVICES
SSA No. 2003-101 has been established to finance certain special services conferring
special benefit thereto and which are in addition to the municipal services provided to the
City as a whole. A general description, estimated cost, and allocation of these special
services are set forth below.
A. GENERAL DESCRIPTION
The special services that are eligible to be financed by SSA No. 2003-101 consist
of certain public improvements with appurtenances and appurtenant work in
Special Tar Roll and Report Page 3
City of Yorkville Special Service Area No.2003-101 September 4,2003
connection therewith necessary to serve SSA No. 2003-101 (hereinafter referred
to as the "Eligible Improvements"). The Eligible Improvements are generally
described as follows:
• City sanitary sewer facilities including engineering, soil testing and
appurtenant work, mass grading and demolition, site clearing and tree
removal, erosion control measurers, wetland mitigation and tree
installation, underground repairs, costs for land and easement
acquisitions relating to any of the foregoing, required tap-on and
related fees for sanitary sewer services and other eligible costs;
• City water facilities including engineering, soil testing and appurtenant
work, mass grading and demolition, site clearing and tree removal,
erosion control measurers, wetland mitigation and tree installation,
underground repairs, costs for land and easement acquisitions relating
to any of the foregoing, required tap-on and related fees for water
services and other eligible costs;
• City road facilities including engineering, soil testing and appurtenant
work, mass grading and demolition, site clearing and tree removal,
erosion control measures, roads, streets, curbs, gutters, street lighting,
traffic controls, sidewalks, equestrian paths and related street
improvements, and equipment and materials necessary for the
maintenance thereof, landscaping, wetland mitigation and tree
installation, costs for land and easement acquisitions relating to any of
the foregoing improvements, and other eligible costs;
• City storm water management facilities including engineering, soil
testing and appurtenant work, mass grading and demolition, storm
drainage systems and storm sewers, site clearing and tree removal,
erosion control measures, landscaping, wetland mitigation and tree
installation, underground repairs, costs for land and easement
acquisitions relating to any of the foregoing improvements, and other
eligible costs.
B. ESTIMATED COSTS
The estimated costs for the Eligible Improvements and the amounts anticipated to
be financed by SSA No. 2003-101 are presented in Table 1 on the following page.
Special Tax Roll and Report Page 4
City of Yorkville Special Service Area No.2003-101 September 4, 2003
TABLE 1
ESTIMATED COSTS FOR ELIGIBLE IMPROVEMENTS
COSTS
ANTICIPATED TO BE
TOTAL FINANCED BY
PUBLIC IMPROVEMENT COSTS SSA NO.2003-101
Sanitary Sewer Facilities $981,483 $849,520
Water Facilities $866,000 $797,579
Road Facilities
Shared Section of Fairfax Way $28,500 $16,731
Remaining Road Facilities $7,707,671 $2,021,345
Storm Water Management Facilities $1,153,996 $1,044,744
Underground Repairs $126,000 $0
Grand Total $10,863,650 $4,729,919
C. ALLOCATION
Special taxes levied pursuant to the Act must bear a rational relationship between
the amount of the special tax levied against each Parcel within SSA No. 2003-100
and the special service benefit rendered. Therefore, the public improvements
anticipated to be financed by SSA No. 2003-101 as shown in Table 1 have been
allocated in accordance with the benefit rendered to the property therein, with
benefit estimated to be a function of (i) the service or benefit area for said
improvements and (ii) the relative capacity for said improvements reserved for or
used by properties within the benefit area. A discussion of the relevant benefit
area(s) and measures of public facilities usage is detailed below.
1. BENEFIT AREA
The scope of the eligible public improvements is local in nature, and
therefore the benefit area includes only that property within SSA No.
2003-101 since the Eligible Improvements will be located within the SSA
No. 2003-101. The vast majority of these improvements will bring the
special services directly to the individual residential lots, and therefore
benefit is rendered to each Dwelling Unit. However, only a portion of the
Eligible Improvements benefits both the commercial and residential
property, and is therefore allocated accordingly between the two land uses
for such improvements. Further discussion for each of the major
categories of improvements and its related benefit area follows.
a. SANITARY SEWER AND WATER
All sanitary sewer and water improvements will benefit only the
residential property within SSA No. 2003-101. Given the
commercial property's location along State Route 47, it is
anticipated the commercial property will be required to pay for
connection to the existing sewer and water lines along said state
Special Tar Roll and Report Page S
City of Yorkville Special Service Area No.2003-101 September 4,2003
route and will therefore not benefit from any of the sanitary sewer
and water improvements.
b. ROAD ALLOCATION
While all the road improvements benefit the residential property, a
small segment of the road improvements to be funded through SSA
No. 2003-101 will partially render benefit to the commercial
property. This section of improvements runs along the south side
on Fairfax Way commencing at the intersection of State Route 47
and Fairfax Way and extending easterly for approximately two
hundred feet (200'). The costs for this segment of road have been
identified from all other eligible road improvements in order to
allocate the costs accordingly between both the commercial and
residential property. All other road improvements anticipated to be
funded benefit only the residential property and have been
allocated accordingly.
C. STORM WATER MANAGEMENT
All storm water management improvements benefit both the
commercial and residential property. The allocation of the storm
water management improvement costs is discussed in Section
IV.C.2 below.
Furthermore, while certain Eligible Improvements will benefit the
commercial property, SSA No. 2003-101 will not finance with bond
proceeds the improvement costs attributable to such property. As shown in
the following tables, the commercial property is allocated its share of the
Eligible Improvements, but it will be funded by the developer, as the
current property owner, and will therefore not be taxed.
2. PUBLIC FACILITY USAGE
Once the benefit area has been established, the special services may be
allocated among the various properties within such area in accordance
with use. As is discussed in the following sections, commonly accepted
measures for public facility usage indicate that the benefit conferred by the
Eligible Improvements applies uniformly by land use type.
a. SANITARY SEWER AND WATER USAGE
The primary determinant of sanitary sewer and water usage is the
applicable population equivalent, or P.E. Household population is
the criteria commonly used to project sewer and water service
demand. Wastewater Engineering, Third Edition indicates that
residential wastewater flow rates are typically determined on the
basis of population density and the average per capita contribution
Special Tax Roll and Report Page 6
City of Yorkville Special Service Area No.2003-101 September 4, 2003
of wastewater. The Illinois Environmental Protection Agency's
criteria for water storage and distribution systems assume an
everyday use equal to 50 gallons per day per person. In addition,
an emergency capacity is set at 50 gallons per day per person. This
equates to 350 gallons per day for each single-family home given
the applicable IEPA P.E. factor of 3.5 for single-family homes.
b. ROAD USAGE
Road usage is typically computed on the basis of anticipated trip
generation. The Institute of Traffic Engineers publication Trip
Generation Sixth Edition, indicates average weekday trips per
single-family detached home of 9.57 trips.
Average weekday trips for commercial developments are
commonly expressed per 1,000 square feet of gross leasable area.
For shopping center development, average weekday trips equal
42.92 per 1,000 square feet of gross leasable area. However, a
significant percentage of these trips will be considered pass-by
(i.e., trips made as an intermediate stops on the way from an origin
to a primary trip destination). This is particularly true for the
subject shopping center development given its location on State
Route 47 just south of U.S. Highway 45. Based upon data
contained in Trip Generation Fifth Edition, it is estimated that at
least thirty percent (30%) of the trips will be comprised of pass-by
traffic, resulting in a net trip factor of 30.04 per 1,000 square feet,
or 0.03004 trips per square foot of building.
The commercial site of SSA No. 2003-101 is estimated to have a
twenty-five percent (25%) floor-to-area ratio ("FAR"). To
determine the estimated building square footage, the gross land
area of 248,292 square feet (five and seven-tenths acres x 43,560
square feet to an acre) is multiplied by the 25% FAR resulting in
an estimated 62,073 of building square feet.
C. STORM SEWER USAGE
Storm sewer facilities are sized based upon estimated storm flows
which vary with the size of the tributary drainage area, slope, soil
type, antecedent runoff condition, and impervious ground cover. In
its "Urban Hydrology for Small Watersheds: TR-55" (the "TR-55
Manual"), the United States Department of Agriculture indicates
average "runoff curve numbers" for purposes of measuring storm
flows or runoff. The runoff curve equation estimates storm runoff
given a particular volume of rainfall.
The runoff curve numbers for fully developed urban areas
indicated in the TR-55 Manual vary by land use type, impervious
Special Tax Roll and Report Page 7
City of Yorkville Special Service Area No.2003-101 September 4,2003
area, and hydrologic soil group. Assuming generally uniform
antecedent runoff and hydrologic soil conditions within the SSA
No. 2003-101, storm flows will tend to vary with land use and the
associated impervious area.
Impervious ground coverage factors for residential development
varies by development density or the number of dwelling units per
gross acre, with gross acreage being exclusive of open space. The
gross density for the Residential Property in SSA No. 2003-100 is
two and two-tenths Dwelling Units to an acre, or 19,800 square
feet per lot which, according to the TR-55 Manual, would
categorize the Residential Property in SSA No. 2003-100 as having
a development density of 1/2 acre. The TR-55 Manual indicates an
impervious ground coverage factor of twenty-five percent (25%)
for the development density category of 1/2 acre. Multiplying the
twenty-five percent factor by the average residential lot area of
approximately 19,800 square feet results in estimated impervious
ground area per single family lot of 4,950 square feet. As all lots
are anticipated to have approximately the same impervious area,
the storm flow and therefore usage of the storm sewer system is
not expected to vary in any material amount from single-family
home to single-family home.
With respect to the commercial property, the developer's engineer
has indicated that three percent of the overall benefit rendered from
the storm water management improvements can be allocated to the
commercial property since three percent of the storm flows is
attributable to such property.
Multiplying the preceding P.E., trips, impervious area, and household size
per single-family home or commercial building square foot, as applicable,
by the respective projected total yields the total P.E., trip generation,
impervious ground area, and percent allocation shown in Table 2 on the
following page.
Special Tax Roll and Report Page 8
City of Yorkville Special Service Area No.2003-101 September 4, 2003
TABLE 2
TOTAL P.E., TRIPS, IMPERVIOUS AREA, AND PERCENT ALLOCATION
SINGLE-FAMILY HOME COMMERCIAL PROPERTY
PERCENT
USAGE USAGE ALLOCATION OF
PUBLIC FACTOR FACTOR ELIGIBLE
IMPROVEMENT PER SFHI TOTAL PER BSF2 TOTAL GRAND TOTAL IMPROVEMENTS
Sanitary Sewer 3.5 P.E. 969.50 Total P.E. NA NA 969.50 Grand Total P.E. 100.0% 0.0%
Facilities (3.5 P.E.x 277)
Water Facilities 3.5 P.E. 969.50 Total P.E. NA NA 969.50 Grand Total P.E. 100.0% 0.0%
(3.5 P.E.x 277)
Road Facilities
Shared Section of 9.57 Trips 2,650.89 Total Trips 0.03004 Trips 1,864.67 Total Trips 4,515.56 Grand Total Trips 58.7% 41.3%
Fairfax Way (9.57 Trips x 277) (0.03004 Trips x 62,073)
Remaining Road 9.57 Trips 2,650.89 Total Trips NA NA 2,650.89 Grand Total Trips 100.0% 0.0%
Facilities (9.57 Trips x 277)
Storm Water 4,950 1,371,150 Total Impervious SF NA NA 1,371,150 97.0% 3.0%
Management Facilities Impervious SF (4,950 SF Impervious Area x 277) Grand Total Impervious SF
Single-Family Home
zBuilding Square Foot
Special Tax Roll and Report Page 9
City of Yorkville Special Service Area No.2003-101 September 4, 2003
3. ALLOCATED COSTS
Dividing the estimated total cost for each respective category of Eligible
Improvements in Table 1 by the total P.E., trips, impervious area or
percent allocation, as applicable, in Table 2 results in Eligible
Improvement costs per P.E., trips, impervious square foot, or percent of
costs as shown in Table 3 below. Multiplying these "unit" costs by the
P.E., trips, impervious area, or percent allocable, as applicable, yields the
allocated Eligible Improvements shown in Table 4. The estimated Eligible
Improvements costs anticipated to be funded by SSA No. 2003-101 is
shown in Table 5.
As all the Eligible Improvements cannot be financed through SSA No.
2003-101, the portion of the on-site improvements to be financed with
bond proceeds are detailed in Table 5. All Eligible Improvements
attributable to the Residential Property that are not financed through SSA
No. 2003-101 will be funded by the developer and are categorized as
"Unfunded Residential" under "Developer's Equity" in Table 5.
TABLE 3
ALLOCATED ELIGIBLE IMPROVEMENT COSTS
PER P.E., TRIP, IMPERVIOUS SF,AND PERCENT OF COSTS
PUBLIC IMPROVEMENT ALLOCATED COST
Sanitary Sewer Facilities $1,012,36/P.E.
($981,483/969.50 P.E.)
Water Facilities $893.24/P.E.
($866,000/969.50 P.E.)
Road Facilities
Shared Section of Fairfax Way $6.31 /Trip
($28,500/4,515.56 Trips)
Remaining Road Facilities $2,907.58/Trip
($7,707,671/2,650.89 Trips)
Storm Water Management Facilities'
Percent Allocation $11,539.96/Percent of Costs
($1,153,996/ 100)
Impervious Square Footz $0.82/Impervious Square Foot
($1,119,376/1,371,150 Impervious Square Foot)
I The storm water management facilities are initially allocated between the commercial property
and the residential property by the percent allocable to such land use. Then the percent allocable
to the residential property, or ninety-seven percent(97%), are calculated into impervious square
foot.
2 Total amount equals 97%of the Eligible Improvement costs.
Special Tax Roll and Report Page 10
City of Yorkville Special Service Area No.2003-101 September 4,2003
TABLE 4
ALLOCATED ELIGIBLE IMPROVEMENT COSTS
PER SINGLE-FAMILY HOME
ALLOCATED COST
COMMERCIAL PROPERTY
PUBLIC IMPROVEMENT PER SINGLE-FAMILY HOME ENTIRE SITE)
Sanitary Sewer Facilities $3,543.26/SFH' Not Applicable
($1,012.36/P.E.x 3.5 P.E./SFH 1)
Water Facilities $3,126.35/SFH' Not Applicable
$893.24/P.E.x 3.5 P.E./SFH
Road Facilities
Shared Section of Fairfax Way $60.40/SFH' $11,768.89
($6.31/Trip x 9.57 Trips/SFH) ($6.31/Trip x 1,864.67 Trips)
Remaining Road Facilities $27,825.53/SFH'
($2,907.58/Trip x 9.57 Trips/SFH') Not Applicable
Storm Water Management Facilities2
Percent Allocation Not Applicable $34,619.88
($11,539.96/Percent x 3 Percent)
Impervious Square Foot3 $4,041.07/SFH' , Not Applicable
$0.82/Impervious SF x 4,950 Impervious SF/SFH')
Single-Family Home
2The storm water management facilities are initially allocated between the commercial property and the residential property by the percent
allocable to such land use. Then the percent allocable of costs with respect to the residential property, or ninety-seven percent(97%), are
calculated into impervious square foot.
3Total amount equals 97%of the Eligible Improvement costs.
TABLE 5
FUNDING OF ELIGIBLE PUBLIC IMPROVEMENTS
DEVELOPERS EQUITY
GRAND SSA NO. COMMERCIAL UNFUNDED
PUBLIC IMPROVEMENT TOTAL 2003-101 PROPERTY RESIDENTIAL
Sanitary Sewer Facilities $981,483 $849,520 NA $131,963
Water Facilities $866,000 $797,579 NA $68,421
Road Facilities
Shared Section of Fairfax Way $28,500 $16,731 $11,769 $0
Remaining Road Facilities $7,707,671 $2,021,345 NA $5,686,326
Storm Water Management Facilities $1,153,996 $1,044,744 $34,620 $74,632
Underground Repairs $126,000 $0 $0 $126,000
Grand Total $10,863,650 $4,729,919 $46,389 $6,087,342
Special Tax Roll and Report Page 11
City of Yorkville Special Service Area No.2003-101 September 4,2003
D. ALTERNATIVES, MODIFICATIONS, AND/OR SUBSTITUTIONS
The description of the Eligible Improvements, as set forth herein, is general in
nature. The final description, specifications, location, and costs of improvements
and facilities will be determined upon the preparation of final plans and
specifications and completion of the improvements. The final plans may show
substitutes, in lieu or modifications to the Eligible Improvements in order to
accomplish the works of improvements, and any substitution, increase, or
decrease to the amount of public improvements financed shall not be a change or
modification in the proceedings as long as the allocation of the Eligible
Improvement costs actually funded by SSA No. 2003-101, using the preceding
methodology, is equivalent for each single-family home therein.
V. BOND ASSUMPTIONS
It is anticipated that certain of the Eligible Improvements will be financed through the
issuance of a single series of bonds. Total authorized bonded indebtedness is $8,000,000.
Bonds in the approximate amount of $7,000,000 are anticipated to be issued in August
2003. Issuance costs are estimated to be approximately five percent (5.00%) of the
principal amount of the bonds. The bond issue will include a reserve fund not more than
ten percent (10.00%) of the original principal amount of the bonds and approximately
three years of capitalized interest. The term of the bonds is 30 years, with principal
amortized over a period of approximately 27 years. Annual debt service payments will
increase approximately one and one-half percent(1.50%) annually.
The final sizing of the bonds may be modified as appropriate to meet the objectives of the
financing and prevailing bond market conditions. These modifications may include, but
are not limited to, changes in the following:
• Bond timing, phasing, and/or escrows;
• Capitalized interest period;
• Principal amortization(i.e., bond term and annual debt service payment);
• Reserve fund size and form; and
• Coupon rates.
Therefore, the actual bonded indebtedness, and consequently the amount of public
improvements financed by SSA No. 2003-101, may increase or decrease depending upon
these variables.
VI. MAXIMUM PARCEL SPECIAL TAX
As mentioned previously, the Eligible Improvements allocable to the commercial
property will not be financed with bond proceeds for SSA No. 2003-101. Therefore, this
land use will not be subject to the special tax. The discussion that follows applies only to
the Residential Property.
Special Tax Roll and Report Page 12
City of Yorkville Special Service Area No.2003-101 September 4,2003
A. DETERMINATION
When multiple land uses are anticipated, the Maximum Parcel Special Tax is a
function of (i) the relative amounts of the allocated Eligible Improvement costs
for such land uses and (ii) required Maximum Parcel Special Taxes. In this case
there is only one land use, single-family homes, and the allocated Eligible
Improvement costs are equal for each such home. Therefore, the Maximum Parcel
Special Tax will be equal for each single-family home.
The Maximum Parcel Special Tax is derived from the Maximum Parcel Special
Taxes which are equal to the sum of the estimated (i) maximum annual interest
and principal payments on the Bonds, net of projected earnings on the reserve
fund, (ii) contingency for delinquent Special Taxes, and (iii) estimated
Administrative Expenses. The derivation of the Maximum Parcel Special Tax is
shown in Table 6 below.
TABLE 6
MAXIMUM PARCEL SPECIAL TAX
LEVIED CALENDAR YEAR 2004/
COLLECTED CALENDAR YEAR 2005)
Maximum Parcel Special Taxes $547,075
Single-family Homes 277
Maximum Parcel Special Tax' S1,975
'Per Single-Family Dwelling Unit
The required annual Maximum Parcel Special Taxes are based upon the bond
assumptions set forth in Section V above and an assumption of an average coupon
rate of 6.75%. The Maximum Parcel Special Tax per single-family home is
simply computed by dividing the Maximum Parcel Special Taxes by the number
of single-family homes. Therefore, the special taxes are proportional to the cost of
the public improvements and consequently the amount of the Maximum Parcel
Special Tax bears a rational relationship to the benefit that the special services
render to each Parcel within SSA No. 2003-100 as required pursuant to the Act.
B. APPLICATION
The Maximum Parcel Special Tax for a Parcel of Residential Property which is
not located within a Final Plat shall be calculated by multiplying the number of
expected single-family Dwelling Units for such Parcel, as determined from the
Preliminary Plat in effect as of September 30 preceding the Calendar Year for
which the Special Tax is being extended, by the applicable Maximum Parcel
Special Tax determined pursuant to Table 6, as increased in accordance with the
Section VI.0 below.
Special Tax Roll and Report Page 13
City of Yorkville Special Service Area No.2003-101 September 4,2003
C. ESCALATION
The Maximum Parcel Special Tax that has been levied in each subsequent
Calendar Year escalates one and one-half percent (1.50%) annually, rounded to
the nearest dollar, with such escalation commencing with Calendar Year 2006.
Note, that while the annual increase in the Maximum Parcel Special Tax is limited
to one and one-half percent (1.50%), which is consistent with the anticipated
graduated payment schedule for interest and principal on the Bonds, the
percentage annual change in the Special Tax extended may be greater depending
upon actual Special Tax receipts, capitalized interest, investment earnings, and
Administrative Expenses.
D. TERM
The Maximum Parcel Special Tax shall not be levied after Calendar Year 2031
(to be collected in Calendar Year 2032).
E. SPECIAL TAX ROLL AMENDMENT
Each Calendar Year, in conjunction with the abatement ordinance adopted by the
City, the City shall amend the Special Tax Roll to reflect the Maximum Parcel
Special Tax applicable to any new Parcels established by the County. The
amended Special Tax Roll shall be recorded with the County.
F. OPTIONAL PREPAYMENT
The Maximum Parcel Special Tax for any Parcel may be prepaid and the
obligation of the Parcel to pay the Maximum Parcel Special Tax permanently
satisfied pursuant to Section A of Exhibit B attached hereto, provided that a
prepayment may be made only if there are no delinquent Special Taxes with
respect to such Parcel at the time of prepayment. The Maximum Parcel Special
Tax may also be prepaid in part, provided that proceeds for any such prepayment
are sufficient to permit the redemption of Bonds in such amounts and maturities
deemed necessary by the Administrator and in accordance with the Bond
Indenture.
An owner of a Parcel intending to prepay the Maximum Parcel Special Tax, either
partially or in full, shall provide the City with written notice of intent to prepay.
Within 30 days of receipt of such written notice, the City or its designee shall
notify such owner of the amount of the Special Tax Bond Prepayment or the
Partial Special Tax Bond Prepayment, as applicable, for such Parcel and the date
through which the amount such amount shall be valid.
G. MANDATORY PREPAYMENT
If at any time the Administrator determines that there has been or will be a
reduction in the Maximum Parcel Special Taxes as a result of an amendment to
the Preliminary Plat, Final Plat, or other event which reduces the anticipated
Special Tax Roll and Report Page 14
City of Yorkville Special Service Area No.2003-101 September 4,2003
number of single-family Dwelling Units (i.e. 277 single-family homes), then a
Mandatory Special Tax Prepayment shall be calculated pursuant to Section B of
Exhibit B attached hereto. As required under the Bond Indenture, the City may
adopt a supplemental ordinance to provide for the levy of the Mandatory Special
Tax Prepayment.
VII. ABATEMENT AND COLLECTION
A. ABATEMENT
On or before the last Tuesday of December of each Calendar Year, commencing
with Calendar Year 2004 and for each following Calendar Year, the Council or its
designee shall determine the Special Tax Requirement and the Maximum Parcel
Special Tax authorized by the ordinance providing for the issuance of the Bonds
shall be abated to the extent the amounts so levied exceed the Special Tax
Requirement. The Maximum Parcel Special Tax applicable to each Parcel shall be
abated in equal percentages until the Special Tax remaining equals the Special
Tax Requirement. Abated in equal percentages means that the amount abated for
each Parcel, computed as a percentage of its applicable Maximum Parcel Special
Tax, is the same.
B. COLLECTION PROCESS
With the exception of the Mandatory Special Tax Prepayment, the Special Tax
will be billed and collected by the County in the same manner and at the same
time as general ad valorem property taxes. The lien and foreclosure remedies
provided for in Article 9 of the Illinois Municipal Code shall apply upon the
nonpayment of the Special Tax. The Council may provide for other means of
collecting the Special Tax, if necessary to meet the financial obligations of SSA
No. 2003-101.
The Mandatory Special Tax Prepayment shall be due prior to any development
approval, subdivision of land, conveyance, or other action that results in a
reduction in the Maximum Parcel Special Taxes. The Mandatory Special Tax
Prepayment shall be levied against the property on which the reduction has or will
occur. The Mandatory Special Tax Prepayment shall have the same sale and lien
priorities as are provided for regular property taxes. A Mandatory Special Tax
Prepayment shall not reduce the Maximum Parcel Special Tax for any Parcel.
C. ADMINISTRATIVE REVIEW
Any owner of a Parcel claiming that a calculation error has been made in the
amount of the Special Tax applicable to such Parcel for any Calendar Year may
send a written notice describing the error to the Administrator not later than thirty
(30) days after having paid the Special Tax which is alleged to be in error. The
Administrator shall promptly review the notice, and if necessary, meet with the
property owner, consider written and oral evidence regarding the alleged error,
and decide whether, in fact, such an error occurred. If the Administrator
Special Tax Roll and Report Page 15
City of Yorkville Special Service Area No.2003-101 September 4,2003
determines that an error did in fact occur and the Special Tax should be modified
or changed in favor of the property owner, an adjustment shall be made in the
amount of the Special Tax applicable to such Parcel in the next Calendar Year.
Cash refunds shall only be made in the final Calendar Year for the Special Tax).
The decision of the Administrator regarding any error in respect to the Special
Tax shall be final.
VIII. AMENDMENTS
This Report may be amended by ordinance of the City and, to the maximum extent
permitted by the Act, such amendments may be made without further notice under the
Act and without notice to owners of property within SSA No. 2003-101 in order to (i)
clarify or correct minor inconsistencies in the matters set forth herein, (ii) provide for
lawful procedures for the collection and enforcement of the Special Tax so as to assure
the efficient collection of the Special Tax for the benefit of the owners of the Bonds, (iii)
otherwise improve the ability of the City to fulfill its obligations to levy, extend, and
collect the Special Tax and to make it available for the payment of the Bonds and
Administrative Expenses, and (iv) make any change deemed necessary or advisable by
the City, provided such change is not detrimental to the owners of property subject to the
Maximum Parcel Special Tax. No such amendment shall be approved by the Council if it
violates any other agreement binding upon the City and unless and until it has (i) found
and determined that the amendment is necessary and appropriate and does not materially
adversely affect the rights of the owners of the Bonds or the City has obtained the consent
of one hundred percent (100.00%) of the owners of the Bonds and (ii) received an
opinion of a nationally recognized bond counsel to the effect that the amendment does
not violate the Act, and is authorized pursuant to the terms of the Bond Indenture and this
Report.
K:\Clients2\Yorkville\SSA2003-101(Wiseman Hughes)\SSA Report\Windett Ridge SSA Report 5.doc
Special Tax Roll and Report Page 16
City of Yorkville Special Service Area No.2003-101 September 4,2003
EXHIBIT A
SPECIAL TAX ROLL
UNITED CITY OF YORKVILLE
SSA No. 2003-101
SPECIAL TAX ROLL
CALENDAR YEAR 2004 THROUGH CALENDAR YEAR 2031
Permanent Index Number
Levied Maximum Parcel 05-09-176-005
Calendar Special Tax Per Dwelling Units GRAND
Year Dwelling Unit 277 TOTAL
2004 $1,975.00 $547,075.00 $547,075.00
2005 $1,975.00 $547,075.00 $547,075.00
2006 $2,005.00 $555,385.00 $555,385.00
2007 $2,035.00 $563,695.00 $563,695.00
2008 $2,066.00 $572,282.00 $572,282.00
2009 $2,097.00 $580,869.00 $580,869.00
2010 $2,128.00 $589,456.00 $589,456.00
2011 $2,160.00 $598,320.00 $598,320.00
2012 $2,192.00 $607,184.00 $607,184.00
2013 $2,225.00 $616,325.00 $616,325.00
2014 $2,258.00 $625,466.00 $625,466.00
2015 $2,292.00 $634,884.00 $634,884.00
2016 $2,326.00 $644,302.00 $644,302.00
2017 $2,361.00 $653,997.00 $653,997.00
2018 $2,396.00 $663,692.00 $663,692.00
2019 $2,432.00 $673,664.00 $673,664.00
2020 $2,468.00 $683,636.00 $683,636.00
2021 $2,505.00 $693,885.00 $693,885.00
2022 $2,543.00 $704,411.00 $704,411.00
2023 $2,581.00 $714,937.00 $714,937.00
2024 $2,620.00 $725,740.00 $725,740.00
2025 $2,659.00 $736,543.00 $736,543.00
2026 $2,699.00 $747,623.00 $747,623.00
2027 $2,739.00 $758,703.00 $758,703.00
2028 $2,780.00 $770,060.00 $770,060.00
2029 $2,822.00 $781,694.00 $781,694.00
2030 $2,864.00 $793,328.00 $793,328.00
2031 $2,907.00 $805,239.00 $805,239.00
EXHIBIT B
PREPAYMENT OF THE
MAXIMUM PARCEL SPECIAL TAX
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NO. 2003-101
PREPAYMENT FORMULA
All capitalized terms not defined in this Exhibit B shall have the meaning given to such terms in
the Report.
A. OPTIONAL PREPAYMENT OF THE MAXIMUM PARCEL SPECIAL TAX
Pursuant to Section VI.F of the Report, the Maximum Parcel Special Tax may be prepaid
and permanently satisfied under the conditions set forth therein. The Special Tax Bond
Prepayment is calculated as follows.
1. Prior to the Issuance of Bonds
Prior to the issuance of any Bonds, the Special Tax Bond Prepayment for a Parcel
of Residential Property shall equal $17,076 per Dwelling Unit subject to changes
as described in Section IV.D of the Special Tax Roll and Report of SSA No.
2003-101. If at the time of the prepayment, the Parcel intending to prepay is not
located within a Final Plat, the prepayment amount shall be calculated by
multiplying the number of expected single-family Dwelling Units for such Parcel,
as determined from the Preliminary Plat by the applicable Special Tax Bond
Prepayment per Dwelling Unit.
2. Special Tax Bond Prepayment Subsequent to Issuance of the Bonds
Subsequent to the issuance of the Bonds, the Special Tax Bond Prepayment for a
Parcel means an amount equal to (a) the sum of(1) Principal, (2) Premium, (3)
Defeasance, and (4) Fees and (b) minus the Reserve Fund Credit, where the terms
"Principal," "Premium," "Defeasance," "Fees," and "Reserve Fund Credit" have
the following meanings:
"Principal" means the principal amount of Bonds to be redeemed and
equals the quotient derived by dividing (a) the then current Calendar Year
Maximum Parcel Special Tax for the Parcel intending to prepay by (b) the
corresponding Calendar Year Maximum Parcel Special Taxes for SSA No.
2003-101, (and excluding from (b) that portion of the Maximum Parcel
Special Tax for any Parcel(s) that has been prepaid), and multiplying the
quotient by the principal amount of outstanding Bonds.
"Premium" means an amount equal to the Principal multiplied by the
applicable redemption premium, if any, for any Bonds so redeemed with
the proceeds of any such prepayment. Any applicable redemption
premium shall be as set forth in the Bond Indenture.
B-1
"Defeasance" means the amount needed to pay interest on the Principal
to be redeemed until the earliest redemption date for the outstanding
Bonds less for any Special Tax heretofore paid and has not been or will
not be used for the Special Tax Requirement.
"Fees" equal the expenses of SSA No. 2003-101 associated with the
Special Tax Bond Prepayment as calculated by the City or its designee and
include, but are not limited to, the costs of computing the Special Tax
Bond Prepayment, the costs of redeeming the Bonds, and the costs of
recording and publishing any notices to evidence the Special Tax Bond
Prepayment and the redemption of Bonds.
"Reserve Fund Credit" shall equal the balance in the Reserve Fund (as
defined in the Bond Indenture) multiplied by the quotient used to calculate
Principal. Reserve Fund earnings to be applied toward the Special Tax
Requirement shall not be considered when computing the Reserve Fund
Credit.
The amount of any Partial Special Tax Bond Prepayment shall be computed
pursuant to the preceding prepayment formula substituting the portion of the
Maximum Parcel Special Tax to be prepaid for the Maximum Parcel Special Tax
when computing Principal. The amount of any Special Tax Bond Prepayment or
Partial Special Tax Bond Prepayment computed pursuant to this Section A.2 shall
not exceed the Bonds plus any Premium, Defeasance, and Fees as such terms are
defined herein.
The sum of the amounts calculated in Section A.1 shall be paid to the City, deposited
with the trustee, and used to pay for public improvements in accordance with the Bond
Indenture and to pay the Fees associated with the Special Tax Bond Prepayment. The
sum of the amounts calculated in A.2 shall be paid to the City, deposited with the trustee,
and used to pay and redeem Bonds in accordance with the Bond Indenture and to pay the
Fees associated with the Special Tax Bond Prepayment. Upon the payment of the Special
Tax Bond Prepayment amount to the City, the obligation to pay the portion of the
Maximum Parcel Special Tax which is prepaid for such Parcel shall be deemed to be
permanently satisfied, such portion of the Maximum Parcel Special Tax shall not be
collected thereafter from such Parcel, and in the event the entire Maximum Parcel Special
Tax is prepaid the Administrator shall cause a satisfaction of special tax lien for such
Parcel to be recorded within 30 working days of receipt of the Special Tax Bond
Prepayment.
B-2
B. MANDATORY PREPAYMENT
Pursuant to Section VI.G of the Special Tax Roll and Report of SSA No. 2003-101, the
Maximum Parcel Special Tax must be prepaid if at any time the Administrator
determines there is or will be a reduction in the number of anticipated Dwelling Units
(i.e. 277 single-family homes). The Mandatory Special Tax Prepayment amount will be
calculated using the prepayment formula described in Section A.2 above with the
following modifications:
The amount by which the Maximum Parcel Special Taxes have been
reduced shall serve as the numerator when computing Principal; and
No Reserve Fund Credit shall be given.
The amount of any Mandatory Special Tax Prepayment shall not exceed the Bonds plus
any Premium, Defeasance, and Fees as such terms are defined in Section A above.
B-3
DAVID TAUSSIG
& ASSOCIATES
EXHIBIT H
UNITED CITY OF YORKVILLE SSA No. 2003-101
2012 AMENDED SPECIAL TAX ROLL
United City of Yorkville
Special Services Area No. 2003-101
(Windett Ridge)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
Single Family Property
05-09-159-001 30 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-159-003 32 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-159-006 35 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-159-007 36 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-160-001 1 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-160-002 2 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-177-002 29 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-177-005 26 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-177-006 25 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-177-008 23 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-177-010 21 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-178-001 37 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-178-002 38 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-178-004 40 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-178-006 42 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-178-007 43 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-178-008 44 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-003 18 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-004 17 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-005 16 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-006 15 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-007 14 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-008 13 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-009 12 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-010 11 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-011 10 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-012 9 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-013 8 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-014 7 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-015 6 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-016 5 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-017 4 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-179-018 3 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-180-001 216 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-180-002 217 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-180-003 218 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-180-004 219 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-180-005 220 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-180-006 221 SFD 1 $2,225.00 $33.00 $2,192.00
12/7/12 10:07AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-101\2012\Tax Page 1 of
United City of Yorkville
Special Services Area No. 2003-101
(Windett Ridge)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
05-09-180-007 222 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-180-008 223 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-180-009 224 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-180-010 225 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-001 195 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-002 196 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-003 197 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-004 198 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-005 199 SFD l $2,225.00 $33.00 $2,192.00
05-09-181-006 200 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-007 201 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-008 202 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-009 203 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-010 204 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-011 182 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-012 183 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-013 184 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-014 185 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-015 192 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-016 193 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-181-017 194 SFD l $2,225.00 $33.00 $2,192.00
05-09-182-002 45 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-182-003 46 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-182-004 47 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-182-005 48 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-182-006 49 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-182-007 50 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-182-008 51 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-182-011 54 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-182-012 55 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-182-015 58 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-182-016 59 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-251-001 60 SFD l $2,225.00 $33.00 $2,192.00
05-09-251-002 61 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-251-003 62 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-251-004 63 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-251-006 65 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-251-007 66 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-251-008 67 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-252-001 68 SFD 1 $2,225.00 $33.00 $2,192.00
12/7/12 10:07AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-101\2012\Tax Page 2 of 7
United City of Yorkville
Special Services Area No. 2003-101
(Windett Ridge)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
05-09-252-002 69 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-252-003 70 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-252-004 71 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-252-005 72 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-252-006 73 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-253-001 74 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-254-001 191 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-254-002 190 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-254-003 189 SFD l $2,225.00 $33.00 $2,192.00
05-09-254-004 188 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-254-006 186 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-001 181 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-002 180 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-004 178 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-005 177 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-007 175 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-008 174 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-009 173 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-010 172 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-011 171 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-012 170 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-013 169 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-014 168 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-015 167 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-016 215 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-017 214 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-019 212 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-020 211 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-021 210 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-022 209 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-023 208 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-024 207 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-025 206 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-255-026 205 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-256-002 228 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-256-003 229 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-256-004 230 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-256-005 231 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-258-001 160 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-258-002 159 SFD 1 $2,225.00 $33.00 $2,192.00
12/7/12 10:07AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-101\2012\Tax Page 3 of 7
United City of Yorkville
Special Services Area No. 2003-101
(Windett Ridge)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
05-09-258-003 158 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-258-004 157 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-276-001 75 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-276-002 76 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-276-003 77 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-276-004 78 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-379-001 261 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-379-002 260 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-379-003 259 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-379-004 258 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-379-005 257 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-379-006 256 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-379-007 255 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-380-001 262 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-380-002 263 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-380-003 264 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-380-004 265 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-380-005 266 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-380-006 267 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-380-007 268 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-380-008 269 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-380-009 270 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-380-010 271 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-380-011 272 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-380-012 273 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-380-013 274 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-400-008 NA SFD 16 $35,600.00 $528.00 $35,072.00
05-09-401-002 232 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-003 233 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-004 234 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-005 235 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-007 237 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-010 241 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-011 242 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-012 243 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-013 244 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-014 245 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-015 246 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-017 248 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-018 249 SFD 1 $2,225.00 $33.00 $2,192.00
12/7/12 10:07AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-101\2012\Tax Page 4 of 7
United City of Yorkville
Special Services Area No. 2003-101
(Windett Ridge)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
05-09-401-019 250 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-020 251 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-021 252 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-022 253 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-401-023 254 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-402-001 161 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-402-002 162 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-402-003 163 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-402-004 164 SFD l $2,225.00 $33.00 $2,192.00
05-09-402-005 165 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-402-007 125 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-402-008 126 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-402-009 127 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-402-010 128 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-402-011 129 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-402-012 130 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-402-013 156 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-402-014 133 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-403-001 275 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-403-002 276 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-403-003 277 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-403-005 124 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-403-006 123 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-403-007 122 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-403-008 121 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-403-009 120 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-403-010 119 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-403-011 118 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-425-001 79 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-425-002 80 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-425-003 81 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-425-004 82 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-425-005 83 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-425-006 84 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-425-007 85 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-425-008 86 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-425-009 87 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-425-010 88 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-425-011 89 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-001 155 SFD 1 $2,225.00 $33.00 $2,192.00
12/7/12 10:07AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-101\2012\Tax Page 5 of 7
United City of Yorkville
Special Services Area No. 2003-101
(Windett Ridge)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
05-09-426-002 154 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-003 153 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-004 152 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-005 151 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-006 150 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-007 149 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-008 148 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-009 147 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-010 146 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-011 145 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-012 144 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-013 143 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-014 142 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-015 141 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-016 140 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-017 139 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-018 138 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-019 137 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-020 136 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-021 135 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-022 134 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-023 132 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-426-024 131 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-427-001 117 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-427-002 116 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-427-003 115 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-427-004 114 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-427-005 113 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-427-006 112 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-427-007 111 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-427-008 110 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-427-009 109 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-427-010 108 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-427-011 107 SFD 1 $2,225.00 $33.00 $2,192.00
05-09-427-012 106 SFD 1 $2,225.00 $33.00 $2,192.00
Subtotal 249 $554,025.00 $8,217.00 $545,808.00
Exempt
05-09-159-008 Outlot A EXEMPT 0 $0.00 $0.00 $0.00
05-09-160-003 B EXEMPT 0 $0.00 $0.00 $0.00
05-09-177-001 E EXEMPT 0 $0.00 $0.00 $0.00
12/7/12 10:07AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-101\2012\Tax Page 6 of 7
United City of Yorkville
Special Services Area No. 2003-101
(Windett Ridge)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
05-09-180-012 R EXEMPT 0 $0.00 $0.00 $0.00
05-09-182-001 F EXEMPT 0 $0.00 $0.00 $0.00
05-09-182-017 Q EXEMPT 0 $0.00 $0.00 $0.00
05-09-381-001 S EXEMPT 0 $0.00 $0.00 $0.00
05-09-401-001 G EXEMPT 0 $0.00 $0.00 $0.00
05-09-403-004 H EXEMPT 0 $0.00 $0.00 $0.00
Subtotal 0 $0.00 $0.00 $0.00
Prepaid Single Family Property
05-09-159-002 31 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-159-004 33 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-159-005 34 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-177-003 28 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-177-004 27 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-177-007 24 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-177-009 22 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-178-003 39 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-178-005 41 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-179-001 20 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-179-002 19 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-180-011 226 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-182-009 52 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-182-010 53 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-182-013 56 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-182-014 57 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-251-005 64 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-254-005 187 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-255-003 179 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-255-006 176 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-255-018 213 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-256-001 227 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-257-001 239 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-401-006 236 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-401-008 238 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-401-009 240 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-401-016 247 PREPAYS 1 $2,225.00 $2,225.00 $0.00
05-09-402-006 166 PREPAYS 1 $2,225.00 $2,225.00 $0.00
Subtotal 28 $62,300.00 $62,300.00 $0.00
GRAND TOTALS 277 $616,325.00 $70,517.00 $545,808.00
(#of units) (maximum taxes) (taxes abated) (taxes levied)
12/7/12 10:07AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-101\2012\Tax Page 7 of 7
Ordinance No. 2013-
ORDINANCE ABATING SPECIAL SERVICE AREA TAXES
FOR SPECIAL SERVICE AREA NUMBER 2004-104
CENTRAL GRANDE RESERVE AND
APPROVING THE AMENDED SPECIAL TAX ROLL
BE IT ORDAINED BY THE CITY COUNCIL OF THE UNITED CITY OF
YORKVILLE, KENDALL COUNTY, ILLINOIS, AS FOLLOWS:
Section 1. It is found and declared by the City Council of the United City of
Yorkville, Kendall County, Illinois (the "City"), as follows:
(a) The City Council of the City adopted Ordinance No. 2004-61 on October
26, 2004 (the "Bond Ordinance") which: (i) provided for the issuance of Special Service Area
Number 2004-104 Central Grande Reserve Special Tax Bonds, Series 2004 (MPI Grande
Reserve Project) (the "Bonds"), of the United City of Yorkville, for the purpose of paying for the
costs of certain improvements benefiting the Special Service Area Number 2004-104 Central
Grande Reserve (the "Special Service Area"); and (ii) provided for the levy of Special Taxes
upon all taxable property within the Special Service Area sufficient to pay the principal of the
Bonds for each year at maturity or mandatory sinking fund redemption dates and to pay interest
and Administrative Expenses of the Special Service Area for each such year. The Bond
Ordinance also authorized the City to abate the taxes levied pursuant to such Ordinance to the
extent the taxes levied exceeded the Special Tax Requirement (as defined in the Bond
Ordinance) as calculated pursuant to the Special Service Area Number 2004-104 Special Tax
Roll and Report (the "Special Tax Report") prepared by David Taussig & Associates, Inc. (the
"Consultant").
Ordinance No.2013-
Page 1
(b) Pursuant to the Special Tax Report, the Consultant of the City has
determined that the Special Tax Requirement for 2012 for the Bonds is $912,032.54 and the
2012 Levy for Special Taxes is $912,032.54.
Section 2. Of the $2,589,570.00 of Special Taxes levied for calendar year 2012
pursuant to Section 6 of the Bond Ordinance $1,677,537.46 of such Special Tax is hereby abated
resulting in a 2012 calendar year levy of$912,032.54.
Section 3. It is the duty of the County Clerk of Kendall County to abate those taxes
as provided in Section 2 of this Ordinance.
Section 4. The City Council of the City hereby approves the United City of Yorkville
Special Service Area Number 2004-104 Administration Report Levy Year 2012 dated December
7, 2012 prepared by David Taussig & Associates, Inc. and the 2012 Amended Special Tax Roll
attached to such report with such changes therein as are deemed necessary by the Mayor and the
City's consultant to reflect any changes in final parcel identification numbers.
Section 5. All ordinances, resolutions and orders or parts of ordinances, resolutions
and orders in conflict with this ordinance are repealed to the extent of such conflict. The City
Clerk shall cause this Ordinance to be published in pamphlet form. This Ordinance shall be in
full force and effect after passage and publication as provided by law.
Ordinance No.2013-
Page 2
Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this
day of , A.D. 2013.
City Clerk
ROSE ANN SPEARS DIANE TEELING
KEN KOCH JACKIE MILSCHEWSKI
CARLO COLOSIMO MARTY MUNNS
CHRIS FUNKHOUSER LARRY KOT
SIGNED by the Mayor this day of , 2013.
Mayor
ATTEST:
City Clerk
Published in pamphlet form January , 2013.
Ordinance No.2013-
Page 3
UNITED CITY OF YORKVILLE
E'ST. . 1936
SPECIAL SERVICE AREA NO.2004-104
ADMINISTRATION REPORT
LEVY YEAR 2012
DECEMBER 14,2012
Newport Beach
Riverside
San Francisco
Chicago
Dallas
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NO. 2004-104
2012 ADMINISTRATION REPORT
PREPARED FOR
UNITED CITY OF YORKVILLE
800 Game Farm Road
Yorkville, IL 60560
PREPARED BY
DAVID TAUSSIG&ASSOCIATES,INC.
Corporate Office
5000 Birch Street, Suite 6000
Newport Beach, California 92660
Division Offices
Riverside, California
San Francisco, California
Chicago, Illinois
Dallas, Texas
�J FSDAVID TAUSSIG
& ASSOCIATES
Table of Contents
Section Pake
INTRODUCTION..............................................................................................................................1
AUTHORIZED SPECIAL SERVICES....................................................................................................................I
BONDED INDEBTEDNESS....................................................................................................................................1
SPECIALTAXES....................................................................................................................................................2
I. SPECIAL TAX REQUIREMENT ...................................................................................................3
II. ACCOUNT ACTIVITY SUMMARY..............................................................................................4
III. MAXIMUM,ABATED,AND EXTENDED SPECIAL TAXES........................................................7
IV. PRIOR YEAR SPECIAL TAX COLLECTIONS..........................................................................10
2011 SPECIAL TAX RECEIPTS.........................................................................................................................10
TAX SALES AND FORECLOSURES ..................................................................................................................10
V. DEVELOPMENT STATUS.........................................................................................................11
EQUALIZED ASSESSED VALUE.......................................................................................................................11
VI. OUTSTANDING BONDS..........................................................................................................12
BOND REDEMPTIONS FROM SPECIAL TAX PREPAYMENTS.....................................................................12
SPECIAL TAX PREPAYMENTS..........................................................................................................................12
VII. EQUALIZED ASSESSED VALUE AND VALUE TO LIEN RATIO .............................................13
VIII. AD VALOREM PROPERTY TAX RATES..............................................................................14
EXHIBIT A FUNDS AND ACCOUNTS
EXHIBIT B APPLICATION OF SPECIAL TAX
EXHIBIT C APPLICATION OF EARNINGS
EXHIBIT D SOURCES AND USES OF FUNDS
EXHIBIT E DEBT SERVICE SCHEDULE
EXHIBIT F AERIAL EXHIBIT OF SSA BOUNDARIES
EXHIBIT G SPECIAL TAX ROLL AND REPORT
EXHIBIT H 2012 AMENDED SPECIAL TAX ROLL
�J FSDAVID TAUSSIG
& ASSOCIATES
Introduction
This report calculates the 2012 special taxes required to pay annual debt service on the United
City of Yorkville (the "City") Special Service Area Number 2004-104 ("SSA No. 2004-104")
Special Tax Bonds, Series 2004 (Grande Reserve Project) (the "Series 2004 Bonds") and
administrative expenses and apportions the special taxes to each taxable parcel within SSA No.
2004-104. Pursuant to the Special Service Area Act (the "Act"), the City Aldermen are the
governing body of SSA No. 2004-104. The City Aldermen must annually, prior to the last
Tuesday of December, approve by ordinance the special taxes to be collected, abate the
Maximum Parcel Special Taxes in excess of the special taxes to be collected, and direct the
County Clerk of Kendall County to extend the special taxes for collection. The special taxes will
be billed on the tax bill for ad valorem property taxes.
SSA No. 2004-104 was established by Ordinance No. 2004-49, adopted on September 14, 2004
and later amended by Ordinance No. 2004-60 (the "Establishing Ordinance"), adopted on
October 26, 2004. The Establishing Ordinance authorized SSA No. 2004-104 to provide special
services, issue bonds, and levy a special tax to repay the bonds.
Authorized Special Services
The authorized special services include:
• Engineering;
• Soil testing and appurtenant work;
• Mass grading and demolition;
• Storm water management facilities;
• Storm drainage systems and storm sewers;
• Site clearing and tree removal;
• Public water facilities;
• Sanitary sewer facilities;
• Erosion control measures;
• Roads, streets, curbs, gutters, street lighting, traffic controls, sidewalks, equestrian
paths and related street improvements, equipment and materials necessary for the
maintenance thereof;
• Landscaping, wetland mitigation and tree installation;
• Costs for land and easement acquisitions relating to any of the foregoing
improvements; and
• Required tap-on and related fees for water or sanitary sewer services and other
eligible costs.
Bonded Indebtedness
The Establishing Ordinance specified that not more than $35,000,000 in bonds may be issued by
SSA No. 2004-104. Ordinance No. 2004-61 (the 'Bond Ordinance"), adopted on October 26,
2004 approved the form of a trust indenture and preliminary limited offering memorandum and
United City of Yorkville SSA No. 2004-104 Page 1
2012 Administration Report December 14, 2012
�J PWDAVID TAUSSIG
& ASSOCIATES
provided for the issuance of not more than $14,000,000 in Series 2004 Bonds. The Series 2004
Bonds were issued in the amount of $13,200,000 in December 2004. The current debt service
schedule is attached hereto as Exhibit E and a brief summary of any optional redemption of
bonds is contained in Section VI herein.
Special Taxes
The Establishing Ordinance incorporates the United City of Yorkville Special Service Area
Number 2004-104 Special Tax Roll and Report (the "Special Tax Roll and Report"). The
Special Tax Roll and Report sets forth the Maximum Parcel Special Taxes which have been
levied for the payment of principal of and interest on the Series 2004 Bonds and the
administration and maintenance of SSA No. 2004-104 and is attached hereto as Exhibit G. A
table of the Maximum Parcel Special Taxes is included in Section III herein.
United City of Yorkville SSA No. 2004-104 Page 2
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
I. Special Tax Requirement
The SSA No. 2004-104 2010 Special Tax Requirement is equal to $912,033. As shown in Table
1 below, the 2012 Special Tax Requirement is equal to the sum of the Series 2004 debt service
for the twelve months ending March 1, 2014, estimated administrative expenses, and the
contingency for estimated delinquent special taxes and less the estimated 2013 bond year-end
fund balances and excess reserve funds.
TABLE I
SPECIAL SERVICE AREA NO 2004-104
2012 SPECIAL TAX REQUIREMENT
SOURCES OF FUNDS $985,422
Prior Year Surplus/(Deficit) $73,389
Earnings $0
Special Taxes
Billed $882,590
Delinquency Contingency $29,443
USES OF FUNDS ($985,422)
Debt Service
Interest - 09/01/2013 ($379,791)
Interest- 03/01/2014 ($379,791)
Principal- 03/01/2014 ($173,000)
Administrative Expenses ($23,398)
Delinquent Special Taxes ($29,443)
Projected Surplus/(Deficit) - 09/01/2013
United City of Yorkville SSA No. 2004-104 Page 3
2012 Administration Report December 14, 2012
�J PSDAVID TAUSSIG
& ASSOCIATES
H. Account Activity Summary
The Trust Indenture for the Series 2004 Bonds (the "2004 Indenture") establishes five funds and
three accounts. The five funds are the Bond and Interest Fund, Reserve Fund, Improvement
Fund, Administrative Expense Fund, and Rebate Fund. Within the Bond and Interest Fund are
the Capitalized Interest Account and Special Redemption Account. Within the Improvement
Fund is the Cost of Issuance Account. A diagram of the funds and accounts is included herein as
Exhibit A.
Money held in any of the funds and accounts can be invested at the direction of the City and in
conformance with the limitations set forth in the 2004 Indenture. Investment interest earnings, if
any, will generally be applied to the fund or account for which the investment is made.
Diagrams of the application of special taxes and earnings are attached as Exhibits B and C,
respectively.
A summary of account activity for the twelve months ending August 31, 2012 is shown in Table
2 below. A monthly summary of account activity is attached as Exhibit D.
United City of Yorkville SSA No. 2004-104 Page 4
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
TABLE 2
SPECIAL SERVICE AREA NO 2004-104
TRANSACTION SUMMARY
BOND AND SPECIAL
ADMINISTRATIVE RESERVE INTEREST REDEMPTION
EXPENSE FUND FUND FUND FUND
SOURCES OF FUNDS-ACTUAL
Beginning Balance-09/01/2011 $20,993 $1,238,205 $647,958 $966
Earnings $0 $50,375 $0 $0
Special Taxes
Prior Year(s) $0 $0 $318,993 SO
Levy Year 2011 $0 $0 $423,830 SO
Miscellaneous $0 $0 $0 $0
USES OF FUNDS-ACTUAL
Account Transfers $0 ($82,180) $82,180 $0
Administrative Expense Transfers
Fiscal Year 2011 Prefunding $4,781 SO ($4,781) $0
Fiscal Year 2011 Budget $0 $0 $0 $0
Debt Service
Interest- 09/01/2011 $0 $0 ($388,588) $0
Interest- 03/01/2012 $0 $0 ($388,588) $0
Principal- 03/01/2012 $0 $0 ($127,000) $0
Bond Redemptions/Prepayments
Receipts $0 $0 $0 $0
Principal Redemption $0 $0 $0 $0
Redemption Premium $0 $0 $0 $0
Refund to Property Owners $0 $0 $0 $0
Administrative Expenses 1 ($18,863)1 S0 i $0 1 $0
Ending Balance-08/31/2012 $6,911 $1,206,400 $564,003 $966
United City of Yorkville SSA No. 2004-104 Page S
2012 Administration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
The calculation of the estimated 2013 bond year-end fund balances and excess reserve funds is
shown in Table 3 below.
TABLE 3
SPECIAL SERVICE AREA NO 2004-104
ESTIMATED 2013 BOND YEAR-END FUND BALANCES
SEPTEMBER 19 2012 THROUGH MARCH 1,2013
BOND AND SPECIAL
ADMINISTRATIVE RESERVE INTEREST REDEMPTION
EXPENSE FUND FUND FUND FUND
SOURCES OF FUNDS-PROJECTED
Beginning Balance-08/31/2012 $6,911 $1,206,400 $564,003 $966
Earnings $0 $51,173 $0 SO
Special Taxes
Prior Year(s) $0 SO $0 SO
Levy Year 2011 $0 SO $388,791 SO
USES OF FUNDS-PROJECTED
Account Transfers $0 ($51,173) $51,173 $0
Adrnu�istrative Expense Transfers
Levy Year 2012Prefunding $11,699 SO ($11,699) SO
Levy Year 2011 Budget $798 SO ($798) SO
Debt Service
Interest- 09/01/2012 $0 SO ($384,540) $0
Principal- 03/01/2013 $0 SO ($149,000) $0
Interest- 03/01/2013 ($384,540)
Administrative Expenses
Remaining Levy Year 2011 Expenses ($7,709) SO $0 $0
Ending Balance-03/01/2013 $11,699 $1,206,400 $73,389 $966
Reserve Fund Requirement $0 ($1,206,400) $0 $0
Funds Not Eligible for Levy Surplus ($11,699) $0 $0 ($966)
Projected Surplus/(Deficit) 03/01/2013 $0 $0 $73,389 $0
United City of Yorkville SSA No. 2004-104 Page 6
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
III. Maximum, Abated, and Extended Special Taxes
Pursuant to the Special Tax Roll and Report, the 2012 Maximum Parcel Special Taxes equal
$2,589,570. Subtracting the 2012 Special Tax Requirement of$912,033, results in an abatement
of $1,677,537. In accordance with the Special Tax Roll and Report the Maximum Parcel
Special Tax applicable to each Parcel in SSA 2004-104 is abated in equal percentages until the
special tax remaining equals the Special Tax Requirement.
The maximum, abated, and extended special tax for each special tax classification is shown in
Table 4 below. The Amended Special Tax Roll, which lists the maximum, abated, and extended
special tax for each parcel, is attached as Exhibit H. Note, the special tax levy and abatement
have been adjusted to reconcile with the special taxes set forth in the bond ordinance.
TABLE 4
SPECIAL SERVICE AREA NO 2004-104
MAXIMUM,ABATED AND EXTENDED SPECIAL TAXES
MAXP,R M
PARCEL ABATED ExTINDED
SPECIAL TAX CLASSIFICATION SPECIAL TAX SPECIAL TAX SPECIAL TAX
FIRST SERIFS
Single Family Dwelling Unit $2,328.00 $365.36 $1,962.64
Single Family Dwelling Unit-
Partial Prepayment(96%) $92.89 $14.57 $78.32
Single Family Dwelling Unit- $1,529.26 $240.00 $1,289.26
Partial Prepayment(34%)
Single Family Dwelling Unit-
$2,328.00 $2,328.00 $0.00
Prepaid
SECOND SERIES
Single Family Dwelling Unit $2,328.00 $2,328.00 $0.00
Duplex Dwelling Unit $1,906.00 $1,906.00 $0.00
Townhome Dwelling Unit $1,609.00 $1,609.00 $0.00
United City of Yorkville SSA No. 2004-104 Page 7
2012 Administration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
A comparison of the maximum and extended special tax amounts for 2012 and 2011 is shown in
Table 5 below.
TABLE S
SPECIAL SERVICE AREA NO 2004-104
COMPARISON OF MAXIMUM AND EXTENDED SPECIAL TAXES
LEVY YEAR LEVY YEAR PERCENTAGE
SPECIAL TAX CLASSIFICATION 2012 2011 CHANGE
Maximum Parcel Special Tax-First Series
Single Family Dwelling Unit 1 $2,328.00 $2,294.00 1.5%
Extended Special Tax -First Series
Single Family Dwelling Unit 1 $1,962.64 1 $1,807.04 8.6`%,
Maximum Parcel Special Tax - Second Series
Single Family Dwelling Unit $2,328.00 $2,294.00 1.5%
TownhomeDwelling Unit $1,906.00 $1,878.00 1.5%
CondomiiumDwelingUnit $1,609.00 $1,585.00 1.5%
Extended Special Tax-Second Series MRIM T
Single Family Dwelling Unit $0.00 $0.00 0.0%
Townhome Dwelling Unit $0.00 $0.00 0.0%
Condominium Dwelling Unit $0.00 $0.00 0.0%
The schedule of the remaining SSA No. 2004-104 Maximum Parcel Special Taxes is shown in
Table 6 on the following page. The Maximum Parcel Special Taxes escalate one and one-half
percent(1.50%) annually through 2032.
United City of Yorkville SSA No. 2004-104 Page 8
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
TABLE 6
SPECIAL SERVICE AREA NO 2004-104
MAXIMUM PARCEL SPECIAL TAXES
PER UNIT
LEVY COLLECTION SINGLE
YEAR YEAR AGGREGATE FAmmy DUPLEX Towmow
2012 2013 $2,589,570 $2,328 $1,906 $1,609
2013 2014 $2,628,523 $2,363 $1,935 $1,633
2014 2015 $2,667,476 $2,398 $1,964 $1,657
2015 2016 $2,707,450 $2,434 $1,993 $1,682
2016 2017 $2,748,371 $2,471 $2,023 $1,707
2017 2018 $2,789,590 $2,508 $2,053 $1,733
2018 2019 $2,831,756 $2,546 $2,084 $1,759
2019 2020 $2,873,922 $2,584 $2,115 $1,785
2020 2021 $2,917,333 $2,623 $2,147 $1,812
2021 2022 $2,960,744 $2,662 $2,179 $1,839
2022 2023 $3,005,400 $2,702 $2,212 $1,867
2023 2024 $3,050,779 $2,743 $2,245 $1,895
2024 2025 $3,096,382 $2,784 $2,279 $1,923
2025 2026 $3,143,006 $2,826 $2,313 $1,952
2026 2027 $3,189,854 $2,868 $2,348 $1,981
2027 2028 $3,237,723 $2,911 $2,383 $2,011
2028 2029 $3,286,539 $2,955 $2,419 $2,041
2029 2030 $3,335,653 $2,999 $2,455 $2,072
2030 2031 $3,385,714 $3,044 $2,492 $2,103
2031 2032 $3,436,796 $3,090 $2,529 $2,135
2032 2033 $3,488,102 1 $3,136 1 $2,567 1 $2,167
United City of Yorkville SSA No. 2004-104 Page 9
2012 Administration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
IV. Prior Year Special Tax Collections
The SSA No. 2004-104 special tax is billed and collected by Kendall County (the "County") in
the same manner and at the same time as general ad valorem property taxes. The City may
provide for other means of collecting the special tax, if necessary to meet the financial
obligations of SSA No. 2004-104.
2011 Special Tax Receipts
As of December 6, 2012 SSA No. 2004-104 2011 special tax receipts totaled $812,620.12.
Special taxes in the amount $27,105.60 are unpaid for delinquency rate of 3.23%. A breakdown
of the paid and unpaid special taxes by owner of record is shown in Table 7 below.
TABLE 7
SPECIAL SERVICE AREA No 2004-104
2011 PAID AND UNPAID SPECIAL TAXES
TOTAL UNPAID PERCENT
OWNER SPECIAL TAXES SPECIAL TAXES UNPAID
Homeowners $814,427.16 $1,807.04 0.22%
US Bank- REO Department $25,298.56 $25,298.56 100.00%
SA Challenger Inc.
Total 1 $839,725.72 $27,105.60 3.23%
Tax Sales and Foreclosures
The lien and foreclosure remedies provided for in Article 9 of the Illinois Municipal Code shall
apply upon the nonpayment of the special tax. The City is not currently pursuing any
foreclosure actions.
Fifteen (15) parcels were delinquent on November 12, 2012 were presented for tax sale at the
Kendall County Annual Tax Sale held on November 13, 2012. The delinquent special taxes for
the fifteen (15) delinquent parcels were not sold and remain unpaid.
United City of Yorkville SSA No. 2004-104 Page 10
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
V. Development Status
SSA No. 2004-104 is comprised of seven hundred twenty-three (723) single family homes, two
hundred twenty-four (224) duplex units, two hundred ninety-eight (298) townhome units, the
clubhouse property, and the school property, which is consistent with the original projections.
The clubhouse and school property will not be subjected to the special tax. An aerial map of
SSA No. 2004-104 is attached as Exhibit F. The number of units in each plat is summarized in
Table 8 below.
TABLE 8
SPECIAL SERVICE AREA No 2004-104
LAND USE SUMMARY
PLAT BOND SERrEs RECORDED LAND USE NUMBER OF UNTrS
Neighborhood 6 Series 2 No Townhorne 156
Neighborhood 7 Series 2 No Townhonle 142
Neighborhood 8 Series 2 No Duplex 224
Neighborhood 9 Series 2 No Single Family 135
Neighborhood 10 Series 1 Yes Single Family 84
Neighborhood 11 Series 1 Yes Single Family 87
Neighborhood 12 Series 1 Yes Single Family 90
Neighborhood 13 Series 1 Yes Single Family 50
Neighborhood 14 Series 1 Yes Single Family 116
Neighborhood 15 Series 1 Yes Single Family 63
Neighborhood 16 Series 2 No Single Family 98
Total 1,245
Equalized Assessed Value
The 2011 equalized assessed value for taxable property in SSA No. 2004-104 was $20,413,094.
The average assessed value per single-family dwelling unit equals $80,367.
United City of Yorkville SSA No. 2004-104 Page I1
2012 A dm in istration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
VT Outstanding Bonds
The Series 2004 Bonds were issued in December 2004 as fixed rate bonds with an original
principal amount of $13,200,000. As of March 2, 2012, the outstanding principal was
$12,064,000. The current debt schedule adjusted for early redemptions from special tax
prepayments is attached herein as Exhibit E.
Bond Redemptions from Special Tax Prepayments
As a result of special tax prepayments received from property owners, $680,000 of the Series
2004 Bonds have been or are anticipated to be redeemed as shown in Table 9 below.
TABLE 9
SPECIAL SERVICE AREA NO 2004-104
SPECIAL MANDATORY BOND REDEMPTIONS
FROM SPECIAL TAX PREPAYMENTS
REDEMPTION DATE BONDS REDEEMED
March 1, 2007 $80,000
June 1, 2007 $26,000
September 1, 2007 $79,000
March 1, 2008 $241,000
September 1, 2008 $146,000
March 1, 2009 1 $108,000
Total Redeemed $680,000
Special Tax Prepayments
The SSA No. 2004-104 Maximum Parcel Special Tax may be prepaid and permanently satisfied,
or prepaid in part, provided that proceeds for any such prepayment are sufficient to permit the
redemption of Bonds in such amounts and maturities deemed necessary by the Administrator and
in accordance with the Bond Indenture. The prepayment calculation formula is set forth in the
Special Tax Roll and Report.
To-date, the Maximum Parcel Special Tax has been prepaid in full for 24 single family dwelling
units. Two partial prepayments have been received.
United City of Yorkville SSA No. 2004-104 Page 12
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
H. Equalized Assessed Value and Value to Lien Ratio
The SSA No. 2004-104 Equalized Assessed Value and Value-to-Lien Ratio is shown in Table 10
below.
TABLE 10
SPECIAL SERVICE AREA NO 2004-104
EQUALIZED ASSESSED VALUE AND VALUE TO LIEN RATIO
2011
EQUALLa D 2011 OUTSTANDING VALUE To LIEN
ASSESSED VALUE` APPRAISED VALUE? BoNDs3 RATIO
$20,413,094 $61,239,282 $12,064,000 5.08:1
1 Source: Kendall County
2 Appraised Value is equal to three times the equalized assessed value.
3 As of September 2,2012
United City of Yorkville SSA No. 2004-104 Page 13
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
VIII. Ad Valorem Property Tax Rates
The 2011 general ad valorem tax rates for SSA No. 2004-104 are shown in Table 11 below.
TABLE 11
SPECIAL SERVICE AREA NO 2004-104
2011 AD VALOREM PROPERTY TAX RATES
City Rate S 4 0.704490%
Corporate 0.35846%
I.M.R.F. 0.09182%
Police Protection 0.07142%
Police Pension 0.08996%
Garbage 0.00000%
Audit 0.00816%
Liability Insurance 0.00816%
Social Security/IMRF 0.06121%
School Crossing Guard 0.00510%
Unemployment Insurance 0.01020%
IMRF— Library 0.00000%
Social Security - Library 0.00000%
111tistol TownShip4 8.591710%
County 0.69985%
Bristol Township 0.11004%
Forest Preserve 0.12047%
Library 0.30419%
School District CU-115 5.91012%
Junior College #516 0.47020%
Bristol-Kendall Fire Protection District 0.71757%
Yorkville/Bristol Sanitary District 0.00000%
Bristol Road District 0.25927%
Total Tax Rate 9.296200%
United City of Yorkville SSA No. 2004-104 Page 14
2012 Administration Report December 14, 2012
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT A
UNITED CITY OF YORKVILLE SSA No. 2004--104
FUNDS AND ACCOUNTS
United City of Yorkville
Special Service Area No. 2004-104
Funds and Accounts
SSA No. 2004-104
Funds/Accounts
Reserve Fund Bond and Rebate Fund Improvement Administrative
Interest Fund Fund Expense Fund
Capitalized Special Cost of Issuance
Interest Redemption Account
Account Account
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT B
UNITED CITY OF YORKVILLE SSA No. 2004--104
APPLICATION OF SPECIAL TAX
United City of Yorkville
Special Service Area No. 2004-104
Application of Special Taxi
SSA No. 2004-104
Funds/Accounts
Reserve Fund Bond and Improvement Administrative
Interest Fund Rebate Fund Expense Fund
3 12 - Fund 2
Capitalized Special Cost of Issuance
Interest Redemption Account
Account Account
1. Special Tax applied in sequence shown.
2. In an amount sufficient to pay Debt Service on the Bonds.
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT C
UNITED CITY OF YORKVILLE SSA No. 2004--104
APPLICA TION OFEARNINGS
United City of Yorkville
Special Service Area No. 2004- 104
Application of Earnings'
SSA No.2004-104
Funds
And
Account
Bond and Administrative
Improvement
Reserve Fund z Interest Rebate Fund Expense
Fund Fund I Fund
Special Capitalized Cost of
Redemption Interest Issuance
Account Account Account
1. Earnings remain in fund or account from which they accrued unless otherwise indicated.
2. Reserve Fund earnings are transferred into the Improvement Fund prior to completion of the -■
Special Services and to the Bond and Interest Fund thereafter.
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT D
UNITED CITY OF YORKVILLE SSA N0. 2004-104
SOURCES AND USES
United City of Yorkville Special Service Area No. 2004-104
Central Grande Reserve
September 2011
ADMINISTRATIVE BOND& SPECIAL
EXPENSE IMPROVEMENT GENERAL INTEREST RESERVE REDEMPTION
FUND FUND ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $20,993 $103,319 $0 $647,958 $1,238,205 $966 $2,011,441
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $296,667 $0 $0 $296,667
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $00 $0 $0
TOTAL SOURCES $0 $0 $0 $296,667 $0 $0 $296,667
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 ($388,588) $0 $0 ($388,588)
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $00 $00 $00 $00 $00 $0 $00
TOTAL USES $0 $0 $0 ($388,588) $0 $0 ($388,588)
TRANSFERS $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $20,993 $103,319 $0 $556,036 $1,238,205 $966 $1,919,520
PRINTED: 11/12/12 15:44
PAGE:81
United City of Yorkville Special Service Area No. 2004-104
Central Grande Reserve
October 2011
ADMINISTRATIVE BOND& SPECIAL
EXPENSE IMPROVEMENT GENERAL INTEREST RESERVE REDEMPTION
FUND FUND ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $20,993 $103,319 $0 $556,036 $1,238,205 $966 $1,919,520
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $16,162 $0 $0 $16,162
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $00 $0 $0
TOTAL SOURCES $0 $0 $0 $16,162 $0 $0 $16,162
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($3,137) $0 $0 $0 $0 $0 ($3,137)
MISCELLANEOUS $00 $00 $00 $00 $00 $0 $00
TOTAL USES ($3,137) $0 $0 $0 $0 $0 ($3,137)
TRANSFERS $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $17,856 $103,319 $0 $572,198 $1,238,205 $966 $1,932,544
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PAGE:82
United City of Yorkville Special Service Area No. 2004-104
Central Grande Reserve
November 2011
ADMINISTRATIVE BOND& SPECIAL
EXPENSE IMPROVEMENT GENERAL INTEREST RESERVE REDEMPTION
FUND FUND ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $17,856 $103,319 $0 $572,198 $1,238,205 $966 $1,932,544
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $6,164 $0 $0 $6,164
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $00 $0 $0
TOTAL SOURCES $0 $0 $0 $6,164 $0 $0 $6,164
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $00 $00 $00 $00 $00 $0 $00
TOTAL USES $0 $0 $0 $0 $0 $0 $0
TRANSFERS $4,781 $0 $0 ($4,781) $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $22,637 $103,319 $0 $573,581 $1,238,205 $966 $1,938,708
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PAGE:83
United City of Yorkville Special Service Area No. 2004-104
Central Grande Reserve
December 2011
ADMINISTRATIVE BOND& SPECIAL
EXPENSE IMPROVEMENT GENERAL INTEREST RESERVE REDEMPTION
FUND FUND ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $22,637 $103,319 $0 $573,581 $1,238,205 $966 $1,938,708
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $00 $0 $0
TOTAL SOURCES $0 $0 $0 $0 $0 $0 $0
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $00 $00 $00 $00 $00 $0 $00
TOTAL USES $0 $0 $0 $0 $0 $0 $0
TRANSFERS $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $22,637 $103,319 $0 $573,581 $1,238,205 $966 $1,938,708
PRINTED: 11/12/12 15:44
PAGE:84
United City of Yorkville Special Service Area No. 2004-104
Central Grande Reserve
January 2012
ADMINISTRATIVE BOND& SPECIAL
EXPENSE IMPROVEMENT GENERAL INTEREST RESERVE REDEMPTION
FUND FUND ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $22,637 $103,319 $0 $573,581 $1,238,205 $966 $1,938,708
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $00 $0 $0
TOTAL SOURCES $0 $0 $0 $0 $0 $0 $0
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($3,137) $0 $0 $0 $0 $0 ($3,137)
MISCELLANEOUS $00 $00 $00 $00 $00 $0 $00
TOTAL USES ($3,137) $0 $0 $0 $0 $0 ($3,137)
TRANSFERS $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $19,500 $103,319 $0 $573,581 $1,238,205 $966 $1,935,571
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PAGE:85
United City of Yorkville Special Service Area No. 2004-104
Central Grande Reserve
February 2012
ADMINISTRATIVE BOND& SPECIAL
EXPENSE IMPROVEMENT GENERAL INTEREST RESERVE REDEMPTION
FUND FUND ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $19,500 $103,319 $0 $573,581 $1,238,205 $966 $1,935,571
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $25,101 $0 $25,101
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $00 $0 $0
TOTAL SOURCES $0 $0 $0 $0 $25,101 $0 $25,101
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($3,500) $0 $0 $0 $0 $0 ($3,500)
MISCELLANEOUS $00 $00 $00 $00 $0 $0 $00
TOTAL USES ($3,500) $0 $0 $0 $0 $0 ($3,500)
TRANSFERS $0 $0 $0 $44,206 ($44,206) $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $16,000 $103,319 $0 $617,787 $1,219,100 $966 $1,957,173
PRINTED: 11/12/12 15:44
PAGE:86
United City of Yorkville Special Service Area No. 2004-104
Central Grande Reserve
March 2012
ADMINISTRATIVE BOND& SPECIAL
EXPENSE IMPROVEMENT GENERAL INTEREST RESERVE REDEMPTION
FUND FUND ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $16,000 $103,319 $0 $617,787 $1,219,100 $966 $1,957,173
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $00 $0 $0
TOTAL SOURCES $0 $0 $0 $0 $0 $0 $0
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 ($515,588) $0 $0 ($515,588)
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $00 $00 $00 $00 $0 $0 $00
TOTAL USES $0 $0 $0 ($515,588) $0 $0 ($515,588)
TRANSFERS $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $16,000 $103,319 $0 $102,199 $1,219,100 $966 $1,441,584
PRINTED: 11/12/12 15:44
PAGE:87
United City of Yorkville Special Service Area No. 2004-104
Central Grande Reserve
April 2012
ADMINISTRATIVE BOND& SPECIAL
EXPENSE IMPROVEMENT GENERAL INTEREST RESERVE REDEMPTION
FUND FUND ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $16,000 $103,319 $0 $102,199 $1,219,100 $966 $1,441,584
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $00 $0 $0
TOTAL SOURCES $0 $0 $0 $0 $0 $0 $0
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($3,137) $0 $0 $0 $0 $0 ($3,137)
MISCELLANEOUS $00 $00 $00 $00 $0 $0 $00
TOTAL USES ($3,137) $0 $0 $0 $0 $0 ($3,137)
TRANSFERS $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $12,863 $103,319 $0 $102,199 $1,219,100 $966 $1,438,447
PRINTED: 11/12/12 15:44
PAGE:88
United City of Yorkville Special Service Area No. 2004-104
Central Grande Reserve
May 2012
ADMINISTRATIVE BOND& SPECIAL
EXPENSE IMPROVEMENT GENERAL INTEREST RESERVE REDEMPTION
FUND FUND ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $12,863 $103,319 $0 $102,199 $1,219,100 $966 $1,438,447
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $73,935 $0 $0 $73,935
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $00 $0 $0
TOTAL SOURCES $0 $0 $0 $73,935 $0 $0 $73,935
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $00 $00 $00 $00 $0 $0 $00
TOTAL USES $0 $0 $0 $0 $0 $0 $0
TRANSFERS $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $12,863 $103,319 $0 $176,135 $1,219,100 $966 $1,512,383
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PAGE:89
United City of Yorkville Special Service Area No. 2004-104
Central Grande Reserve
June 2012
ADMINISTRATIVE BOND& SPECIAL
EXPENSE IMPROVEMENT GENERAL INTEREST RESERVE REDEMPTION
FUND FUND ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $12,863 $103,319 $0 $176,135 $1,219,100 $966 $1,512,383
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $319,212 $0 $0 $319,212
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $00 $0 $0
TOTAL SOURCES $0 $0 $0 $319,212 $0 $0 $319,212
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,250) $0 $0 $0 $0 $0 ($2,250)
MISCELLANEOUS $00 $00 $00 $00 $0 $0 $00
TOTAL USES ($2,250) $0 $0 $0 $0 $0 ($2,250)
TRANSFERS $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $10,613 $103,319 $0 $495,346 $1,219,100 $966 $1,829,344
PRINTED: 11/12/12 15:44
PAGE:90
United City of Yorkville Special Service Area No. 2004-104
Central Grande Reserve
July 2012
ADMINISTRATIVE BOND& SPECIAL
EXPENSE IMPROVEMENT GENERAL INTEREST RESERVE REDEMPTION
FUND FUND ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $10,613 $103,319 $0 $495,346 $1,219,100 $966 $1,829,344
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $6,838 $0 $0 $6,838
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $00 $0 $00 $0 $0
TOTAL SOURCES $0 $0 $0 $6,838 $0 $0 $6,838
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($3,137) $0 $0 $0 $0 $0 ($3,137)
MISCELLANEOUS $00 $00 $00 $00 $0 $0 $00
TOTAL USES ($3,137) $0 $0 $0 $0 $0 ($3,137)
TRANSFERS $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $7,476 $103,319 $0 $502,185 $1,219,100 $966 $1,833,046
PRINTED: 11/12/12 15:44
PAGE:91
United City of Yorkville Special Service Area No. 2004-104
Central Grande Reserve
August 2012
ADMINISTRATIVE BOND& SPECIAL
EXPENSE IMPROVEMENT GENERAL INTEREST RESERVE REDEMPTION
FUND FUND ACCOUNT FUND FUND ACCOUNT TOTAL
BEGINNING BALANCE $7,476 $103,319 $0 $502,185 $1,244,374 $966 $1,833,046
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $23,844 $0 $0 $23,844
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 Lo $0 $0 $25,274 $0 $25,274
TOTAL SOURCES $0 $0 $0 $23,844 $25,274 $0 $49,118
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($565) $0 $0 $0 $0 $0 ($565)
MISCELLANEOUS $0 $0 $0 $0 $0 $0 $00
TOTAL USES ($565) $0 $0 $0 $0 $0 ($565)
TRANSFERS $0 $0 $0 $37,974 ($37,974) $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $6,911 $103,319 $0 $564,003 $1,206,400 $966 $1,881,598
PRINTED: 11/12/12 15:44
PAGE:92
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT E
UNITED CITY OF YORKVILLE SSA No. 2004--104
DEBT SERVICE SCHEDULE
�DAVID TAUSSIG
& ASSOCIATES
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NO. 2004-104
DEBT SERVICE SCHEDULE
YEAR ENDING
(3/1) PAYMENT DATE PRINCIPAL INTEREST DEBT SERVICE
2012 9/1/2011 $0 $388,588 $388,588
2012 3/1/2012 $127,000 $388,588 $515,588
2013 9/1/2012 $0 $384,540 $384,540
2013 3/1/2013 $149,000 $384,540 $533,540
2014 9/1/2013 $0 $379,791 $379,791
2014 3/1/2014 $173,000 $379,791 $552,791
2015 9/1/2014 $0 $374,276 $374,276
2015 3/1/2015 $196,000 $374,276 $570,276
2016 9/1/2015 $0 $368,029 $368,029
2016 3/1/2016 $223,000 $368,029 $591,029
2017 9/1/2016 $0 $360,921 $360,921
2017 3/1/2017 $249,000 $360,921 $609,921
2018 9/1/2017 $0 $352,984 $352,984
2018 3/1/2018 $280,000 $352,984 $632,984
2019 9/1/2018 $0 $344,059 $344,059
2019 3/1/2019 $311,000 $344,059 $655,059
2020 9/1/2019 $0 $334,146 $334,146
2020 3/1/2020 $346,000 $334,146 $680,146
2021 9/1/2020 $0 $323,117 $323,117
2021 3/1/2021 $385,000 $323,117 $708,117
2022 9/1/2021 $0 $310,845 $310,845
2022 3/1/2022 $422,000 $310,845 $732,845
2023 9/1/2022 $0 $297,394 $297,394
2023 3/1/2023 $465,000 $297,394 $762,394
2024 9/1/2023 $0 $282,572 $282,572
2024 3/1/2024 $510,000 $282,572 $792,572
2025 9/1/2024 $0 $266,316 $266,316
2025 3/1/2025 $557,000 $266,316 $823,316
2026 9/1/2025 $0 $248,561 $248,561
2026 3/1/2026 $609,000 $248,561 $857,561
2027 9/1/2026 $0 $229,149 $229,149
2027 3/1/2027 $664,000 $229,149 $893,149
2028 9/1/2027 $0 $207,984 $207,984
2028 3/1/2028 $722,000 $207,984 $929,984
2029 9/1/2028 $0 $184,971 $184,971
2029 3/1/2029 $785,000 $184,971 $969,971
2030 9/1/2029 $0 $159,949 $159,949
2030 3/1/2030 $853,000 $159,949 $1,012,949
2031 9/1/2030 $0 $132,759 $132,759
2031 3/1/2031 $922,000 $132,759 $1,054,759
2032 9/1/2031 $0 $103,371 $103,371
2032 3/1/2032 $1,000,000 $103,371 $1,103,371
2033 9/1/2032 $0 $71,496 $71,496
2033 3/1/2033 $1,079,000 $71,496 $1,150,496
2034 9/1/2033 $0 $37,103 $37,103
2034 3/1/2034 $1,164,000 $37,103 $1,201,103
$12,191,000 $12,285,836 $24,476,836
Outstanding Principal as of 03/02/2013 $11,915,000
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT F
UNITED CITY OF YORKVILLE SSA N0. 2004-104
AERIAL EXHIBIT OF SSA BOUNDARIES
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�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT G
UNITED CITY OF YORKVILLE SSA N0. 2004-104
SPECIAL TAX ROLL AND REPORT
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NUMBER 2004-104
CENTRAL GRANDE RESERVE
SPECIAL TAX ROLL AND REPORT
Prepared for Prepared by
UNITED CITY OF YORKVILLE DAVID TAUSSIG& ASSOCIATES,INC.
800 Game Farm Road 1301 Dove Street, Suite 600
Yorkville, IL 60560 Newport Beach, CA 92660
(630) 553-7575 (949) 955-1500
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NUMBER 2004-104
CENTRAL GRANDE RESERVE
SPECIAL T'AX ROLL AND REPORT
TABLE OF CONTENTS
Section Page
I. INTRODUCTION....................................................................................................................1
II. DEFINITIONS........................................................................................................................1
III. SPECIAL SERVICE AREA DESCRIPTION..............................................................................5
A. BOUNDARIES OF SSA No. 2004-104............................................................................5
B. ANTICIPATED LAND USES.............................................................................................5
IV. FINANCING PLAN.................................................................................................................5
V. SPECIAL SERVICES..............................................................................................................6
A. GENERAL DESCRIPTION................................................................................................6
B. ESTIMATED COSTS........................................................................................................7
C. ALLOCATION OF COSTS ................................................................................................9
D. ALTERNATIVES, MODIFICATIONS, AND/OR SUBSTITUTIONS .......................................28
VI. BOND ASSUMPTIONS..........................................................................................................28
VII. MAXIMUM PARCEL SPECIAL TAX....................................................................................28
A. EQUIVALENT UNITS....................................................................................................29
B. MAXIMUM PARCEL SPECIAL TAX CALCULATION.......................................................31
C. ESCALATION...............................................................................................................33
D. APPLICATION..............................................................................................................33
E. TERM..........................................................................................................................33
F. SPECIAL TAX ROLL AMENDMENT...............................................................................33
G. OPTIONAL PREPAYMENT.............................................................................................33
H. MANDATORY PREPAYMENT........................................................................................34
VIII. ABATEMENT METHODOLOGY AND COLLECTION............................................................34
A. ABATEMENT METHODOLOGY.....................................................................................34
B. COLLECTION PROCESS................................................................................................35
C. ADMINISTRATIVE REVIEW..........................................................................................35
IX. AMENDMENTS....................................................................................................................36
List of Exhibits
Exhibit A — Cost Estimate Summary for the Central Grande Reserve Project
Exhibit B— Special Tax Roll
Exhibit C — Prepayment of the Maximum Parcel Special Tax
Exhibit D — Concept Plan
I. INTRODUCTION
Pursuant to the provisions of the Act and in accordance with the "Establishing
Ordinance" being Ordinance No. passed by the City Council of the United City
of Yorkville, County of Kendall, State of Illinois, on , 2004 in connection with
the proceedings for Special Service Area Number 2004-104 Central Grande Reserve
(hereinafter referred to as "SSA No. 2004-104"), this Special Tax Roll and Report of SSA
No. 2004-104 (the "Report") is herewith submitted and made part of the Establishing
Ordinance.
II. DEFINITIONS
The terms used herein shall have the following meanings:
"Act" means the Special Service Area Tax Act, being 35 ILCS 200/27-5 et seq., as
amended.
"Administrative Expenses" means the following actual or reasonably estimated costs
permitted in accordance with the Act and directly related to the administration of SSA
No. 2004-104 and the Bonds as determined by the City or its designee: the costs of
computing the Special Taxes and of preparing the amended Special Tax Roll (whether by
the City or designee thereof or both); the costs of collecting the Special Taxes (whether
by the City, the County, or otherwise); the costs of remitting the Special Taxes to the
fiscal agent and/or trustee for any Bonds; the costs of the fiscal agent and/or trustee
(including its legal counsel) in the discharge of the duties required of it under the Bond
Indenture; periodic costs on the Bonds, including, but not limited to, the costs of
remarketing and letter of credit draw fees; the costs of the City or designee in computing
the amount of rebatable arbitrage, if any; the costs of the City or designee in obtaining or
maintaining ratings of the Bonds; the costs of the City or designee in complying with the
disclosure requirements of applicable federal and state securities laws and of the Act,
including, but not limited to, public inquiries regarding the Special Taxes; the costs
associated with the release of funds from any escrow account or funds held pursuant to
the Bond Indenture; and any termination payments owed by the City in connection with
any guaranteed investment contract, forward purchase agreement, or other investment of
funds held under the Bond Indenture. Administrative Expenses shall also include
amounts advanced by the City for any administrative purpose of SSA No. 2004-104
including the costs of computing Special Tax Bond Prepayment amounts, recording of
lien satisfaction or other notices related to a Special Tax Bond Prepayment, Partial
Special Tax Bond Prepayment, or Mandatory Special Tax Prepayment, discharge or
satisfaction of Special Taxes; and the costs of commencing and pursuing to completion
any foreclosure action arising from and pursuing the collection of delinquent Special
Taxes and the reasonable fees of legal counsel to the City incurred in connection with all
of the foregoing.
"Administrator" means the designee of the City responsible for determining the Special
Taxes and assisting the City and the County in providing for the collection of the Special
Taxes, continuing disclosure, and any other administrative efforts related to SSA No.
2004-104.
Special Tar Roll and Report Page I
United City of Yorkville Special Service Area No. 2004-104 October S,2004
"Annexation Agreement" means that Annexation Agreement and Planned Unit
Development Agreement dated August 7, 2003 between the City and MPI-2 Yorkville
North LLC, MPI-2 Yorkville Central LLC, MPI-2 Yorkville South I LLC, and MPI-2
Yorkville South II LLC.
"Bond Indenture" means the trust indenture dated as of November 1, 2004 between the
City and LaSalle Bank National Association and any supplemental indentures between
the City and the trustee named therein authorizing the issuance of the Bonds.
"Bonds" means any bonds or other debt, including refunding bonds, whether in one or
more series, issued by the City and secured by the Maximum Parcel Special Tax for SSA
No. 2004-104, the proceeds of which will be used to finance inter alia, all or a portion of
the public improvements.
"Calendar Year" means the twelve-month period starting January 1 and ending
December 31.
"Central Grande Reserve" means all property within the area defined as the Central
Grande Reserve as shown in Exhibit D attached hereto (i.e., neighborhoods 6 — 16 on the
Concept Plan, the School Property, and the Clubhouse Property).
"City" means the United City of Yorkville, County of Kendall, State of Illinois.
"Clubhouse Property" means that property within the boundaries of SSA No. 2004-104
on which the clubhouse facility has been, may be, or is anticipated to be constructed as
determined from the Concept Plan (i.e., designated as HOA Club), any Preliminary Plat,
or any Final Plat, as applicable.
"Concept Plan" means the concept plan for the Grande Reserve project attached as
Exhibit D to the Annexation Agreement, as may be amended.
"Council" means the Mayor and City Council, having jurisdiction over SSA No. 2004-
104.
"County" means the County of Kendall, Illinois.
"Duplex Property" means that property within the boundaries of SSA No. 2004-104 on
which duplex Dwelling Units have been, may be, or are anticipated to be constructed as
determined from the Concept Plan, any Preliminary Plat, or any Final Plat, as applicable.
"Dwelling Unit" or "DU" means a residential dwelling unit.
"Final Plat" means a final plat of subdivision approved by the City and recorded with
the County.
"First Series" means the first series of Bonds issued for SSA No. 2004-104.
Special Tar Roll and Report Page 2
United City of Yorkville Special Service Area No. 2004-104 October S,2004
"First Series Property" means the lots in the following table:
Lots Numbers/
Neighborhood Number of DUs Land Use Designation Recordation Data
10 Lots 344—427 Single-family Property Final Plat Recorded on August 17,2004
11 Lots 91— 177 Single-family Property Final Plat Recorded on July 7,2004
12 Lots 1 —90 Single-family Property Final Plat Recorded on July 7,2004
13 Lots 178—227 Single-family Property Final Plat Recorded on July 7,2004
14 Lots 228—343 Single-family Property Final Plat Recorded on July 7,2004
15 Lots 428—490 Single-family Property Final Plat Recorded on July 7,2004
"Grande Reserve Subdivision" means all the property located within North Grande
Reserve, Central Grande Reserve, and South Grande Reserve.
"Mandatory Special Tax Prepayment" means the Special Tax Bond Prepayment
required upon a reduction in the anticipated number of Dwelling Units as described more
fully in Section VII.H herein and calculated pursuant to Exhibit C attached hereto.
"Maximum Parcel Special Tax" means the maximum special tax, determined in
accordance with Section VII that can be collected by the City in any Calendar Year on
any Parcel. Maximum Parcel Special Taxes means the amount determined by multiplying
the actual or anticipated number, as applicable, of Single-family Property, Duplex
Property, or Townhome Property Dwelling Units by the applicable Maximum Parcel
Special Tax.
"Maximum SSA Special Taxes" means the Maximum Parcel Special Taxes plus any
additional special taxes levied, in accordance with any supplemental ordinances adopted
by the City that can be collected by the City in any Calendar Year.
"North Grande Reserve" means all property within the area defined as the North
Grande Reserve as shown in Exhibit D attached hereto (i.e., neighborhoods 1 — 5 on the
Concept Plan and the Commercial Property).
"Parcel" means a lot or parcel within the boundaries of SSA No. 2004-104 shown on a
Final Plat and/or PIN Map.
"Partial Special Tax Bond Prepayment" means that amount required to partially
prepay the Maximum Parcel Special Tax computed pursuant to Exhibit C attached hereto.
"PIN Map" means an official map of the County Assessments Division or other
authorized County official designating Parcels by permanent index number.
"Preliminary Plat" means the preliminary subdivision plat(s) for SSA No. 2004-104
approved by the City, as may be amended.
"Residential Property" means all property within the boundaries of SSA No. 2004-104
on which Dwelling Units have been, may be, or are anticipated to be constructed as
determined from the Concept Plan, Preliminary Plat, or any Final Plat, as applicable.
Special Tar Roll and Report Page 3
United City of Yorkville Special Service Area No. 2004-104 October S,2004
"School Property" means all property on which an elementary school in SSA No. 2004-
104 has been, may be, or is anticipated to be constructed as determined from the Concept
Plan, Preliminary Plat, or any Final Plat, as applicable.
"Second Series" means the second series of Bonds issued for SSA No. 2004-104
(exclusive of any refunding Bonds).
"Second Series Property" means the lots in the following table:
Lots Numbers/
Neighborhood Number of DUs Land Use Designation Recordation Data
6 156 DUs Townhome Property Final Plat Not Recorded,Number of
DUs Based on Conce t Plan
7 142 DUs Townhome Property Final Plat Not Recorded,Number of
DUs Based on Concept Plan
8 224 DUs Duplex Property Final Plat Not Recorded,Lot Count
Based on Concept Plan
9 Lots 589—723 Single-family Property Final Plat Recorded on July 7,2004
16 Lots 491—588 1 Single-family Prop e rty I Final Plat Recorded on July 7,2004
"Single-family Property" means that property within the boundaries of SSA No. 2004-
104 on which single-family Dwelling Units have been, may be, or are anticipated to be
constructed as determined from the Concept Plan, any Preliminary Plat, or any Final Plat,
as applicable.
"South Grande Reserve" means all property within the area defined as the South
Grande Reserve as shown in Exhibit D attached hereto (i.e., neighborhoods 17 — 19 on
the Concept Plan).
"Special Tax" means the special tax to be extended in each Calendar Year on each
Parcel.
"Special Tax Bond Prepayment" means that amount required to prepay the Maximum
Parcel Special Tax computed pursuant to Exhibit C attached hereto in order to fully
release the lien of the Maximum Parcel Special Tax.
"Special Tax Requirement" means that amount determined by the City or its designee
as required in any Calendar Year to pay: (1) the Administrative Expenses, (2) debt
service on any Bonds, (3) reasonably anticipated delinquent Special Taxes, (4) any
amount required to replenish any reserve fund established in connection with such Bonds,
(5) the costs of credit enhancement and fees for instruments that serve as the basis of a
reserve fund in lieu of cash related to any such Bonds and less (6) available funds as
directed under the Bond Indenture.
"Special Tax Roll" means the Special Tax Roll included herein as Exhibit B, as may be
amended pursuant to Section VII.F.
"Townhome Property" means that property within the boundaries of SSA No. 2004-
104 on which townhome Dwelling Units have been, may be, or are anticipated to be
Special Tar Roll and Report Page 4
United City of Yorkville Special Service Area No. 2004-104 October S,2004
constructed as determined from the Concept Plan, any Preliminary Plat or any Final Plat,
as applicable.
III. SPECIAL SERVICE AREA DESCRIPTION
A. BOUNDARIES OF SSA NO. 2004-104
SSA No. 2004-104 is a portion of the Grande Reserve Subdivision and includes
the residential components, the School Property, and the Clubhouse Property of
Central Grande Reserve, which total approximately five hundred thirty-four
(534) acres. A legal description is attached as Exhibit C of the Establishing
Ordinance. The Grande Reserve Subdivision is generally located north of State
Route 34, northeast of Bristol Ridge Road, and east of Kennedy Road.
B. ANTICIPATED LAND USES
While SSA No. 2004-104 encompasses only the development within Central
Grande Reserve, certain Eligible Improvements will benefit other development
areas of the Grande Reserve Subdivision, namely North Grande Reserve and
South Grande Reserve. Therefore, these development areas are included as part of
the discussion, where applicable.
1. NORTH GRANDE RESERVE
North Grande Reserve is anticipated to consist of 290 single-family
Dwelling Units, 126 duplex Dwelling Units, and 409 townhome Dwelling
Units, 300 apartment Dwelling Units, and the Commercial Property. It is
anticipated that the 290 single-family Dwelling Units in the North Grande
Reserve will be an age-targeted active adult community.
2. CENTRAL GRANDE RESERVE
Central Grande Reserve is anticipated to consist of 723 single-family
Dwelling Units, 224 duplex Dwelling Units, 298 townhome Dwelling
Units, the Clubhouse Property, and the School Property.
3. SOUTH GRANDE RESERVE
South Grande Reserve is anticipated to consist of 276 single-family
Dwelling Units.
IV. FINANCING PLAN
Pursuant to the Annexation Agreement, the maximum special service area bonded
indebtedness permitted for the Grande Reserve Subdivision is $60,000,000. The special
service area financing plan contemplates the issuance of approximately $12,950,000 and
$47,050,000 in variable and fixed rate bonds, respectively. All of the bonds to be issued
in variable rate mode have been issued by the previously established SSA No. 2004-106
Special Tar Roll and Report Page S
United City of Yorkville Special Service Area No. 2004-104 October S,2004
Total Grande Reserve. All of the fixed rate bonds will be issued by separate special
service areas established for the North Grande Reserve, Central Grande Reserve, and
South Grande Reserve (each a "Development Area"). The property included within North
Grande Reserve, Central Grande Reserve, and South Grande Reserve overlaps SSA No.
2004-106 Total Grande Reserve.
The Report focuses on the fixed rate bonds to be issued by SSA No. 2004-104 Central
Grande Reserve. The public improvements to be funded by SSA No. 2004-104 include
community and other neighborhood specific sewer, water, road, and storm water
management facilities. These costs are described in greater detail in Section V below.
V. SPECIAL SERVICES
SSA No. 2004-104 has been established to finance certain City special services
conferring special benefit thereto and which are in addition to the municipal services
provided to the City as a whole. A general description, estimated cost, and allocation of
these special services are set forth below.
A. GENERAL DESCRIPTION
As set forth in the Establishing Ordinance, the special services that are eligible to
be financed by SSA No. 2004-104 (hereinafter referred to as the "Eligible
Improvements") include, but are not limited to, the following
• City owned sanitary sewer facilities, water facilities, road facilities, storm
water management facilities, public parks and park improvements,
including, but not limited to, the cost of engineering, soil testing and
appurtenant work, mass grading and demolition, storm water management
facilities, storm drainage systems and storm sewers, site clearing and tree
removal, public water facilities, sanitary sewer facilities, erosion control
measures, roads, streets, curbs, gutters, street lighting, traffic controls,
sidewalks, equestrian paths and related street improvements, and
equipment and materials necessary for the maintenance thereof, public
parks, park improvements, bicycle paths, landscaping, wetland mitigation
and tree installation, costs for land and easement acquisitions relating to
any of the foregoing improvements, required tap-on and related fees for
water or sanitary sewer services and other eligible costs.
Community improvements to be funded include a portion of the following
improvements allocable to the Central Grande Reserve:
• The Grande Reserve Subdivision adjacent portions of the Galena and State
Route 34 water mains;
• On-site lift station facilities;
• Collector and entrance roads and associated sewer and water facilities and
rights-of-way;
• On-site storm sewers and associated earthwork.
Special Tar Roll and Report Page 6
United City of Yorkville Special Service Area No. 2004-104 October S,2004
Neighborhood improvements to be funded include neighborhood specific sewer,
water, road, and storm water management facilities to be constructed within and
serving SSA No. 2004-104.
B. ESTIMATED COSTS
The total estimated Eligible Improvement costs and the portion of the Eligible
Improvement costs anticipated to be funded by SSA No. 2004-104 are shown in
detail in Exhibit A attached hereto. A summary of these amounts and the
allocation of the costs to be funded by SSA No. 2004-104 are shown in Table 1
on the following page.
Special Tar Roll and Report Page 7
United City of Yorkville Special Service Area No. 2004-104 October S,2004
TABLE 1
SSA No. 2004-104
CENTRAL GRANDE RESERVE
ESTIMATED PUBLIC IMPROVEMENT COSTS
Anticipated
To Be Funded
Public Through SSA
Public Improvement Description Improvement No. 2004-104
Community [1]
Sewer $2,154,405 $2,005,824
Water $1,033,704 $660,460
Storm Sewer $7,294,460 $5,132,269
Roads $3,545,535 $1,446,112
Neighborhood
Sewer $3,641,314 $3,623,776
Water $3,641,314 $3,623,776
Storm Sewer $3,246,114 $3,228,576
Roads $5,065,185 $1,010,684
-------------------------------------------- -------------------- --------------------
Grand Total [2] $29,622,033 $20,731,475
[1] Amounts shown represent the total cost for the Grande Reserve Subdivision.
[2] Calculations may vary due to rounding.
C. ALLOCATION OF COSTS
Special taxes levied pursuant to the Act must bear a rational relationship between
the amount of the special tax levied against each Parcel within SSA No. 2004-104
and the special service benefit rendered. Therefore, the public improvements
anticipated to be financed by SSA No. 2004-104 as shown in Table 1 have been
allocated in accordance with the benefit rendered to the property therein, with
benefit estimated to be a function of (i) the service or benefit area for said
improvements and (ii) the relative capacity for said improvements reserved for or
used by properties within the benefit area. A discussion of the relevant benefit
area(s) and measures of public facilities usage is detailed below.
As mentioned previously, SSA No. 2004-104 is anticipated to fund only certain of
the community and neighborhood improvements. However, this section addresses
all the Eligible Improvements in an effort to provide a comprehensive discussion
of benefit areas and the allocation of costs.
1. BENEFIT AREA
a. COMMUNITY IMPROVEMENTS
The community water and park improvements benefit all of the
Grande Reserve Subdivision. The community water facilities are
extensions of the master-planned water mains. The benefit area for
the remaining community improvements is limited to the
boundaries of SSA No. 2004-104. These improvements include
community road improvements (i.e., the collector and entrance
roads), the earthwork pertaining to the on-site storm water
detention areas, and the on-site lift station and storm sewer
facilities.
b. NEIGHBORHOOD IMPROVEMENTS
As mentioned previously, the neighborhood improvements will be
constructed within the neighborhoods comprising the Central
Grande Reserve, and therefore logically benefit those specific
neighborhoods.
2. PUBLIC FACILITY USAGE
Once the benefit area has been established, the special services may be
allocated among the various properties within such area in accordance
with use. As is discussed in the following sections, commonly accepted
measures for public facility usage indicate that the benefit conferred by
public improvements applies uniformly by land use type.
Special Tar Roll and Report Page 9
United City of Yorkville Special Service Area No. 2004-104 October S,2004
a. SEWER AND WATER USAGE
The primary determinant of sanitary sewer and water usage is the
applicable population equivalent, or P.E. Household population is
the criteria commonly used to project sewer and water service
demand. Wastewater Engineering, Third Edition indicates that
residential wastewater flow rates are typically determined on the
basis of population density and the average per capita contribution
of wastewater. The Illinois Environmental Protection Agency's
("IEPA") criteria for water storage and distribution systems assume
an everyday use equal to 50 gallons per day per person. In
addition, an emergency capacity is set at 50 gallons per day per
person. This equates to 350 gallons per day for each single-family
home given the IEPA P.E. factor of 3.5 for single-family homes.
The factors published by the IEPA for apartments range from 1.0
to 3.0 depending upon bedroom count. For purposes of this
analysis, a simple average of the three factors published, 1.0 for
one bedroom units, 1.5 for two bedroom units, and 3.0 for three or
more bedroom units is assumed, resulting in an average P.E. factor
of 1.8 for apartment Dwelling Units. The IEPA does not publish
P.E. factors for duplex or townhome Dwelling Units, but indicates
that the published P.E. factors for apartments may be used to
estimate their P.E. As the duplex and townhome Dwelling Units
are anticipated to average three bedrooms, a P.E. factor of 3.0 is
used.
Sewer and water demand for commercial development is a
function of the nature and intensity of use. The Commercial
Property is a small development site approximately 4.5 acres in
size. The developer indicates potential uses would include
relatively low P.E. uses such as a service station and convenience
market. Therefore, a P.E. factor of 10 per acre is employed in this
analysis. Sewer and water demand for public schools is driven by
two factors: type of school (i.e. elementary school, middle school,
or high school) and the estimated number of students and
employees. According to the school district, an elementary school,
with an estimated capacity of 600 students and approximately fifty
(50) employees, is anticipated to be built in SSA No. 2004-104.
Applying the IEPA's standard of 25 gallons per student and
employee per day yields a total of 162.50 P.E. for the site.
Clubhouse sewer and water demand is a function of the nature and
intensity of use. Information provided by the developer's engineer
estimated the Clubhouse Property P.E. at 22.50.
Tables 2 and 3 on the following pages show these P.E. factors and
their equivalency (i.e., the P.E. factor for each land use type
expressed in terms of the P.E. factor for a single-family home).
Special Tax Roll and Report Page 10
United City of Yorkville Special Service Area No. 2004-104 October S,2004
Table 2 represents the land uses in the North Grande Reserve,
Central Grande Reserve, and South Grande Reserve. Table 3
represents the land uses of only SSA No. 2004-104.
Special Tax Roll and Report Page 11
United City of Yorkville Special Service Area No. 2004-104 October S,2004
TABLE 2
SSA No. 2004-104
CENTRAL GRANDE RESERVE
P.E.AND EQUIVALENT UNITS
FOR GRANDE RESERVE SUBDIVISION
Count Total
Dwelling Total Equivalent Equivalent
Land Use [11 Units Students Employees Acres P.E. Factor P.E. [21 Unit 3 Units [4], 5
(1) Single-family(per DU) 1,289 NA NA NA 3.50 4,511.50 1.000 1,289.000
(2) Duplex(per DU) 350 NA NA NA 3.00 1,050.00 0.857 300.000
(3) Townhome (per DU) 707 NA NA NA 3.00 2,121.00 0.857 606.000
(4) Apartment(per DU) 300 NA NA NA 1.80 540.00 0.514 154.286
School 46.429 46.429
(5) (Per Student) NA 600 NA NA 0.25 150.00
(6) (Per Employee) NA NA 50 NA 0.25 12.50
(7) Clubhouse (per Clubhouse) NA NA NA NA 22.50 22.50 6.429 6.429
(8) Commercial (per acre) NA NA NA 4.5 10.00 45.00 12.857 12.857
Grand Total 41 2,646 600 50 4.5 NA 8,452.50 1 68.943 2,415.000
[1] Land uses represent the Dwelling Units and other property in North Grande Reserve,Central Grande Reserve,and South Grande Reserve.
[2] P.E.factor multiplied by applicable number of dwelling units,students,employees.
[3] Equivalent units for land uses 1 -4 computed by dividing P.E.factor for each such land use by P.E.factor for single-family land use. Equivalent units for land uses 5,6,and 8
computed by dividing total P.E. by P.E.factor for single-family land use.
[4] Equivalent unit factor multiplied by applicable number of dwelling units,schools,clubhouses,or acres.
[5] Calculations may vary slightly due to rounding.
TABLE 3
SSA No. 2004-104
CENTRAL GRANDE RESERVE
P.E.AND EQUIVALENT UNITS
FOR CENTRAL GRANDE RESERVE
Count Total
Dwelling Total Equivalent Equivalent
Land Use [11 Units Students Employees Acres P.E. Factor P.E. [21 Unit 3 Units [4], 5
(1) Single-family(per DU) 723 NA NA NA 3.50 2,530.50 1.000 723.000
(2) Duplex(per DU) 224 NA NA NA 3.00 672.00 0.857 192.000
(3) Townhome (per DU) 298 NA NA NA 3.00 894.00 0.857 255.429
(4) Apartment(per DU) NA NA NA NA NA NA NA NA
School 46.429 46.429
(5) (Per Student) NA 600 NA NA 0.25 150.00
(6) (Per Employee) NA NA 50 NA 0.25 12.50
(7) Clubhouse (per Clubhouse) NA NA NA NA 22.50 22.50 6.429 6.429
(8) Commercial (per acre) NA NA NA NA NA NA NA NA
Grand Total [41 1,245 600 50 0.0 NA 4,281.50 55.571 1,223.286
[1] Land uses represent the Dwelling Units and other property in Central Grande Reserve only.
[2] P.E.factor multiplied by applicable number of dwelling units,students,employees.
[3] Equivalent units for land uses 1 -4 computed by dividing P.E.factor for each such land use by P.E.factor for single-family land use. Equivalent units for land uses 5,6,and 8
computed by dividing total P.E. by P.E.factor for single-family land use.
[4] Equivalent unit factor multiplied by applicable number of dwelling units,schools,clubhouses,or acres.
[5] Calculations may vary slightly due to rounding.
b. ROAD IMPROVEMENTS
Road usage is typically computed on the basis of anticipated trip
generation. The Institute of Traffic Engineers publication, Trip
Generation, Sixth Edition, indicates average weekday trips per
single-family, townhome, and apartment Dwelling Unit of 9.57,
5.86, and 6.59, respectively.
As mentioned previously, the single-family property in North
Grande Reserve is anticipated to be age-targeted. Consequently,
the Traffic Study employs a reduced trip generation assumption of
2.76 trips per Dwelling Unit. As with P.E. factors, trip factors for
duplex Dwelling Units are not published in Trip Generation, Sixth
Edition. However, Trip Generation, Sixth Edition states that the
average weekday trips for residential land uses have a high
correlation with the number of vehicles and residents. Therefore,
household size is used to estimate the average weekday trips for
duplex Dwelling Units. Multiplying the population ratio between a
duplex Dwelling Unit and a single-family home (i.e., 3.0 divided
by 3.5) by the average weekday trips for single-family homes
yields an estimated average weekday trips of 8.20 for a duplex
Dwelling Unit.
The average weekday trips associated with an elementary school
are typically expressed per student and are estimated by Trip
Generation Sixth Edition at 1.02 per elementary school student.
The developer's engineer estimates average weekday trips for the
Clubhouse Property at 90.
Table 4 on the following page shows these trip factors and their
equivalency (i.e., the average weekday trip factor for each land use
type expressed in terms of the average weekday trip factor for the
typical single-family home) for SSA No. 2004-104.
Special Tax Roll and Report Page 14
United City of Yorkville Special Service Area No. 2004-104 October S,2004
TABLE 4
SSA No. 2004-104
CENTRAL GRANDE RESERVE
AVERAGE WEEKDAY TRIPS AND EQUIVALENT UNITS
FOR CENTRAL GRANDE RESERVE
Count Average Total Total
Dwelling Weekday Weekday Equivalent Equivalent
Land Use 1 Units Students Em to ees Trip Factor Trips [21 Unit [3] Units [4], [5],
(1) Single-family- Typical (per DU) 723 NA NA 9.57 6,919.11 1.000 723.000
(2) Single-family-Age Targeted (per DU) NA NA NA NA NA NA NA
(3) Duplex (per DU) 224 NA NA 8.20 1,836.80 0.857 191.933
(4) Townhome (per DU) 298 NA NA 5.86 1,746.28 0.612 182.474
(5) Apartment (per DU) NA NA NA NA NA NA NA
School 63.950 63.950
(6) (Per Student) NA 600 NA 1.02 612.00
(7) (Per Employee) NA NA 50 NA 0.00
(8) Clubhouse (per Clubhouse) NA NA NA 90.00 90.00 9.404 9.404
Grand Total 4 1,245 600 50 NA 11,204.19 NA 1,170.762
[1] Land uses represent the Dwelling Units and other property in Central Grande Reserve only.
[2] Average weekday trip factor multiplied by applicable number of dwelling units, students, employees.
[3] Equivalent units for land uses 1 -5 computed by dividing average weekday trip factor for each such land use by average weekday trip factor for typical single-family home.
Equivalent units for land uses 6 and 7 computed by dividing total weekday trips by the average trips for the typical single-family land home.
[4] Equivalent unit factor multiplied by applicable number of dwelling units, schools,or clubhouses.
[5] Calculations may vary slightly due to rounding.
C. STORM WATER MANAGEMENT FACILITIES
Storm sewer facilities are sized based upon estimated storm flows,
which vary with the size of the tributary drainage area, slope, soil
type, antecedent runoff condition, and impervious ground cover. In
its "TR-55, Urban Hydrology for Small Watershed (the "TR-55
Manual"), the United States Department of Agriculture specifies
average "runoff curve numbers" for purposes of measuring storm
flows or runoff. The runoff curve number for fully developed
urban areas indicated in the TR-55 Manual vary by land use type,
impervious area, and hydrologic soil group. Assuming generally
uniform antecedent runoff and hydrologic soil conditions within
SSA No. 2004-104, storm flows will tend to vary with land use and
the associated impervious area.
Impervious ground coverage factors for residential development
vary by development density or the number of dwelling units per
gross acre, with gross acreage being exclusive of open space. The
anticipated gross density for the three residential land uses are as
shown in Table 4 below. The TR-55 Manual estimates impervious
ground area at approximately 30.00% for development densities of
3.0 units to an acre, 40.00% for development densities of 4.0 units
to an acre, and 65.00% for development densities of 8.0 or greater
units to an acre.
The TR-55 Manual does not contain impervious ground areas for
apartments, elementary schools, and clubhouses. For apartments,
the impervious ground area for commercial is used as a proxy
(85.00% impervious area per acre). The impervious ground
coverage factor for the School Property is based on discussion with
the school district's architect. The impervious ground coverage for
the Clubhouse Property has been provided by the developer's
engineer and is based upon the preliminary clubhouse plans.
Table 5 on the following page shows the impervious ground area
factors and their equivalency (i.e., the average impervious area for
each land use type expressed in terms of the average impervious
area for the typical single-family home) for SSA No. 2004-104.
Special Tax Roll and Report Page 16
United City of Yorkville Special Service Area No. 2004-104 October S,2004
TABLE 5
SSA No. 2004-104
CENTRAL GRANDE RESERVE
IMPERVIOUS AREA AND EQUIVALENT UNITS
FOR CENTRAL GRANDE RESERVE
I
Impervious Area [2] Total
Dwelling Coverage Equivalent Equivalent
Land Use [11 Units Density Acres Factor Per DU Total Unit [31 Units [41, f5l
(1) Single-family-Typical (per DU) 723 2.57 NA 30.0% 5,087 NA 1.000 723.000
(2) Single-family-Age Targeted (per DU) NA NA NA NA NA NA NA NA
(3) Duplex(per DU) 224 5.47 NA 38.0% 3,024 NA 0.595 133.185
(4) Townhome (per DU) 298 8.36 NA 65.0% 3,385 NA 0.666 198.325
(5) Apartment(per DU) NA NA NA NA NA NA NA NA
(6) School (per school) NA NA 12.0 33.3% NA 174,240 34.254 34.254
(7) Clubhouse (per clubhouse) NA NA 4.51 52.8% NA 103,729 20.392 20.392
Grand Total 4 1,245 NA NA NA NA NA NA 1,109.155
[1] Land uses represent Dwelling Units and other property in Central Grande Reserve only.
[2] Impervious area per dwelling unit for land uses 1 -5 computed by multiplying coverage factor by 43,560(square feet in an acre)and then dividing by density.Total
impervious area for land uses 6 and 7 computed by multiplying coverage factor by total land square footage(43,560 multiplied by acres).
[3] Equivalent units for land uses 1 -5 computed by dividing impervious area for each such land use by impervious area for typical single-family home.Equivalent units for
land uses 6 and 7 computed by dividing total impervious area by impervious area for the typical single-family land home.
[4] Equivalent unit factor multiplied by applicable number of dwelling units,schools,or clubhouses.
[5] Calculations may vary slightly due to rounding.
3. ALLOCATED COSTS
As mentioned previously, SSA No. 2004-104 is anticipated to fund
community and neighborhood improvements for Central Grande Reserve.
However, this section shows the allocation of all the community and
neighborhood public improvements in an effort to provide a
comprehensive public improvement cost allocation.
a. COMMUNITY IMPROVEMENTS
The community improvements are allocated to each land use type
within the benefit area in accordance with the equivalent units
shown in Tables 2, 3, 4, and 5. The cost per equivalent unit is
computed first. Then, the cost per equivalent unit is multiplied by
the equivalent unit factor for each land use to arrive at the cost per
dwelling unit. These calculations are shown in Tables 6, 7, 8 and 9.
Special Tax Roll and Report Page 18
United City of Yorkville Special Service Area No. 2004-104 October S,2004
TABLE 6
SSA No. 2004-104
CENTRAL GRANDE RESERVE
COMMUNITY WATER IMPROVEMENTS - COST PER EQUIVALENT UNIT
Total Total Cost Per
Estimated Equivalent Equivalent
Community Improvement Cost Units 1 Unit [2], 3
Water $578,402 2,415.000 $240
Grand Total 3] $578,402 $240
[1] From Table 2.
[2] Total estimated cost divided by applicable total equivalent units.
[3] Calculations may vary slightly due to rounding.
TABLE 7
SSA No. 2004-104
CENTRAL GRANDE RESERVE
COMMUNITY WATER IMPROVEMENTS - ALLOCATED COSTS BY LAND USE
Community Water Improvements
Cost Per Equivalent
Equivalent Unit Allocated
Land Use [11 Unit 2 Factor 3 Cost 4 , 5
(1) Single-family- Typical (per DU) $240 1.000 $240
(2) Single-family - Age Targeted (per DU) $240 1.000 $240
(3) Duplex (per DU) $240 0.857 $205
(4) Townhome (per DU) $240 0.857 $205
(5) Apartment (per DU) $240 0.514 $123
(6) School (per school) $240 46.429 $11,120
(7) Clubhouse (per clubhouse) $240 6.429 $1,540
8 Commercial er arcel $240 12.857 $3,079
[1] Land uses represent the Dwelling Units and other property in North Grande Reserve, Central Grande Reserve
and South Grande Reserve.
[2] From Table 6.
[3] From Table 2.
[4] Cost per equivalent unit multiplied by equivalent unit factor.
[5] Calculations may vary slightly due to rounding.
TABLE 8
SSA No. 2004-104
CENTRAL GRANDE RESERVE
COMMUNITY ROAD AND ASSOCIATED SEWER, WATER, AND STORM SEWER IMPROVEMENTS
CENTRAL GRANDE RESERVE COST PER EQUIVALENT UNIT
Total Total Cost Per
Estimated Equivalent Equivalent
Improvement Description Cost 1 Units 2 Unit [3], 4
Sewer and Water
Road Associated $2,132,212 1,223.286 $1,743
Lift Station $361,500 1,223.286 $296
Road Improvements $1,998,689 1,170.762 $1,707
Storm Sewer Improvements
Road Associated $1,111,399 1,109.155 $1,002
Storm Sewer Main $361,498 1,109.155 $326
Storm Water Detention (Earthwork) $3,925,070 1,109.155 $3,539
Storm Water Detention Basins $2,527,500 1,109.155 $2,279
Grand Total [4L_ $12,417,868 $10,891
[1] See Exhibit A.
[2] From Tables 3,4, and 5, as applicable.
[3] Total cost divided by applicable total equivalent units.
[4] Calculations may vary slightly due to rounding.
TABLE 9
SSA No.2004-104
CENTRAL GRANDE RESERVE
COMMUNITY ROAD AND ASSOCIATED SEWER,WATER,AND STORM IMPROVEMENTS
CENTRAL GRANDE RESERVE-ALLOCATED COST BY LAND USE
I
Sewer and Water Improvements Road Improvements Storm Sewer Improvements
Cost Per Equivalent Cost Per Equivalent Cost Per Equivalent
Equivalent Unit Allocated Equivalent Unit Allocated Equivalent Unit Allocated
Land Use[11 Unit[21 Factor[31 Cost 4 , 7 Unit[21 Factor[51 Cost 4 , 7 Unit[21 Factor[61 Cost[41, 7
(1) Single-family -Typical(perDU) $2,039 1.000 $2,039 $1,707 1.000 F $1,707 $7,145 1.000 $7,145
(2) Single-family-Age Targeted (per DU) NA NA NA NA NA NA NA NA NA
(3) Duplex(per DU) $2,039 0.857 $1,747 $1,707 0.857 $1,463 $7,145 0.595 $4,249
(4) Townhome(per DU) $2,039 0.857 $1,747 $1,707 0.612 $1,045 $7,145 0.666 $4,755
(5) Apartment(per DU) NA NA NA NA NA NA NA NA NA
(6) School per school) $2,039 1 46.429 1 $94,646 1 $1,707 1 63.950 $109,173 $7,145 34.254 $244,760
(7) Clubhouse(per clubhouse) $2,039 6.429 $13,105 $1,707 9.404 $16,055 $7,145 20.392 $145,710
8 Commercial(per parcel) NA NA NA NA NA NA NA NA NA
[1] Land uses represent the Dwelling Units and other property within Central Grande Reserve only.
[2] From Table 8.
[3] From Table 3.
[4] Cost per equivalent unit multiiplied by equivalent unit factor.
[5] From Table 4.
[6] From Table 5.
[7] Calculations may vary slightly due to rounding.
b. NEIGHBORHOOD IMPROVEMENTS
The costs for each neighborhood are grouped with other
neighborhoods comprised of the same land use. Each
neighborhood within the Grande Reserve Subdivision contains a
single land use. Then, these costs are simply allocated on a
Dwelling Unit basis because the land uses are sufficiently uniform
that the public facilities usage factors do not vary within land use
type. An estimate of probable costs for each neighborhood has
been prepared by the developer's engineer, a summary of which is
attached hereto as Exhibit A. The aggregated neighborhood costs
by land use type are shown for SSA No. 2004-104 in Table 10 on
the following page.
Special Tax Roll and Report Page 22
United City of Yorkville Special Service Area No. 2004-104 October S,2004
TABLE 10
SSA No. 2004-104
CENTRAL GRANDE RESERVE
NEIGHBORHOOD IMPROVEMENTS
CENTRAL GRANDE RESERVE-ALLOCATED COST BY LAND USE
Sewer and Water Improvements Road Improvements Storm Sewer Improvements
Dwelling Allocated Dwelling Allocated Dwelling Allocated
Land Use[11 Total r2l Units 1`31 Cost 4 , [51 Total r2l Units r3l Cost r4j, r5l Total [21 Units 3 Cost 4M, 5
(1) Single-family-Typical(perDU) $5,061,000 723 $7,000 $3,742,053 723 $5,176 $2,530,500 723 $3,500
(2) Single-family-Age Targeted (per DU) NA NA NA NA NA NA NA NA NA
(3) Duplex(per DU) $1,030,400 224 $4,600 $756,000 224 $3,375 $358,400 224 $1,600
(4) Townhome(per DU) $1,311,200 298 $4,400 $752,450 298 $2,525 $417,200 298 $1,400
5 Apartment(per DU NA NA NA NA NA NA NA NA NA
[1] Land uses represent the Dwelling Unit and other property within Central Grande Reserve only.
[2] Exhibit A.
[3] From Table 3.
[4] Total cost divided by number of dwelling units.
[5] Calculations may vary slightly due to rounding.
Aggregating the allocated costs in the preceding tables results in the total allocated costs by land
use shown in Table 11 on the following page.
Special Tax Roll and Report Page 24
United City of Yorkville Special Service Area No. 2004-104 October S,2004
TABLE 11
SSA No. 2004-104
CENTRAL GRANDE RESERVE
CENTRAL GRANDE RESERVE - TOTAL ALLOCATED COST BY LAND USE
Land Use 1 Total Community Neighborhood
(1) Single-family- Typical (per DU) $26,806 $11,131 $15,676
(2) Single-family-Age Targeted (per DU) NA NA NA
(3) Duplex (per DU) $17,239 $7,664 $9,575
(4) Townhome (per DU) $16,078 $7,753 $8,325
(5) Apartment(per DU) NA NA NA
(6) School (per school) $459,699 $459,699 $0
7 Clubhouse (per clubhouse $176,410 $176,410 $0
[1] Land uses represent the Dwelling Units and other property in Central Grande Reserve only.
4. SSA FUNDED COSTS
The Eligible Improvements anticipated to be funded by SSA No. 2004-
104 including proceeds from the Second Series are shown in Table 12 on
the following page. Note, with respect to SSA No. 2004-104, the
developer will privately finance all of the improvements allocated to the
School Property and the Clubhouse Property. Therefore, these properties
are exempt from the Maximum Parcel Special Tax.
Special Tax Roll and Report Page 26
United City of Yorkville Special Service Area No. 2004-104 October S,2004
TABLE 12
SSA No.2004-104
CENTRAL GRANDE RESERVE
COSTS FUNDED BY BONDS
BY DEVELOPMENT AREA AND LAND USE
SSA No.2004-104 CENTRAL GRANDE RESERVE FUNDED COSTS
NORTH GRANDE RESERVE CENTRAL GRANDE RESERVE SOUTH GRANDE RESERVE
Land Use Total Community Neighborhood Total Community Neighborhood Total Community Nei hborhood
(1) Single-family Property(per DU) NA NA NA $18,641 $8,463 $10,178 NA NA NA
(2) Duplex Property(per DU) NA NA NA $15,248 $5,975 $9,273 NA NA NA
(3) Townhome Property(per DU) NA NA NA $12,880 $5,999 $6,882 NA NA NA
(4) School Property(per school) NA NA NA $0 $0 $0 NA NA NA
5 Clubhouse Property(per clubhouse NA NA NA $0 $0 $0 NA NA NA
D. ALTERNATIVES,MODIFICATIONS, AND/OR SUBSTITUTIONS
The description of the Eligible Improvements, as set forth herein, is general in
nature. The final description, specifications, location, and costs of improvements
and facilities will be determined upon the preparation of final plans and
specifications and completion of the improvements. The final plans may show
substitutes, in lieu or modifications to the Eligible Improvements in order to
accomplish the works of improvements, and any substitution, increase, or
decrease to the amount of public improvements financed shall not be a change or
modification in the proceedings as long as (i) the allocation of the Eligible
Improvement costs actually funded by SSA No. 2004-104, using the preceding
methodology, is uniform for each land use and (ii) such allocation results in the
same ratio of funded Eligible Improvements among the land use types, as shown
in Section VII below.
VI. BOND ASSUMPTIONS
Total authorized bonded indebtedness is $35,000,000. It is anticipated that the Eligible
Improvements will be financed through the issuance of two series of bonds. Bonds in the
approximate amount of $13,200,000 and $16,700,000 are anticipated to be issued in
November 2004 and January 2007, respectively. Issuance costs are estimated to be
approximately five percent (5.0%) of the principal amount of the bonds. Each bond issue
is estimated to include a reserve fund equal to approximately ten percent (10.0%) of the
original principal amount of the bonds and approximately twenty-eight months of
capitalized interest. The term of the bonds is expected to range from 28 to 30 years.
Annual debt service payments will increase approximately 1.5% annually.
The final sizing of the bonds may be modified as appropriate to meet the objectives of the
financing and prevailing bond market conditions. These modifications may include, but
are not limited to, changes in the following:
• Bond timing, phasing, and/or escrows;
• Capitalized interest period;
• Principal amortization(i.e.,bond term and annual debt service payment);
• Reserve fund size and form; and
• Coupon rates.
The actual bonded indebtedness and consequently the amount of public improvements
funded by SSA No. 2004-104 may increase or decrease depending on these variables.
VII. MAXIMUM PARCEL SPECIAL TAX
As mentioned previously, no Eligible Improvements for the School Property and the
Clubhouse Property will be financed by SSA No. 2004-104. Therefore, these properties
will not be subject to the Maximum Parcel Special Tax. The discussion that follows
applies only to the remaining Residential Property.
Special Tax Roll and Report Page 28
United City of Yorkville Special Service Area No. 2004-104 October S,2004
A. EQUIVALENT UNITS
When multiple land uses are anticipated, the Maximum Parcel Special Tax is a
function of the (i) relative amounts of the Eligible Improvement costs funded for
such land uses and (ii) the associated Maximum Parcel Special Taxes required to
pay debt service on the Bonds. In order to measure the relative difference in
funded public improvement costs for each land use type, equivalent unit factors
have been calculated for the Eligible Improvements to be funded by SSA No.
2004-104. Single-family Dwelling Units are deemed the typical residential unit
and are assigned an equivalent unit factor of 1.00. The equivalent unit factors for
other land use types are computed as the ratio of the funded Eligible
Improvements for such land use type to the funded Eligible Improvements for a
single-family Dwelling Unit. Equivalent unit calculations are shown in Table 13
on the following page.
Special Tax Roll and Report Page 29
United City of Yorkville Special Service Area No. 2004-104 October S,2004
TABLE 13
SSA No. 2004-104
CENTRAL GRANDE RESERVE
CENTRAL GRANDE RESERVE - EQUIVALENT UNITS FOR FUNDED COSTS BY LAND USE
Equivalent Total
Funded Unit Dwelling Equivalent
Land Use Costs Factor Units Units
(1) Single-family Property (per DU) $18,641 1.000 723 723.000
(2) Duplex Property (per DU) $15,248 0.818 224 183.232
(3) Townhome Property (per DU) $12,880 0.691 298 205.907
(4) School Property (per school) $0 0.000 NA 0.000
(5) Clubhouse Property (per clubhouse) $0 0.000 NA 0.000
Grand Total 1,245 1,112.139
B. MAXIMUM PARCEL SPECIAL TAX CALCULATION
The Maximum Parcel Special Tax is derived from the required Maximum Parcel
Special Taxes for SSA No. 2004-104, which are equal to the sum of the estimated
(i) maximum annual interest and principal payments on the Bonds, net of
projected earnings on the reserve fund, (ii) a contingency for delinquent Special
Taxes, and (iii) estimated Administrative Expenses. The Maximum Parcel Special
Tax is computed in two steps. First, the Maximum Parcel Special Tax per
equivalent unit is calculated. Then, that amount is multiplied by the applicable
equivalent unit factor for each land use type. Therefore, the Maximum Parcel
Special Taxes are weighted in proportion to the allocation of funded Eligible
Improvements as shown in Section V, and consequently the amount of the
Maximum Parcel Special Tax bears a rational relationship to the benefit that the
special services render to each Parcel within SSA No. 2004-104 as required
pursuant to the Act. These calculations are shown in Tables 14 and 15 on the
following page.
Special Tax Roll and Report Page 31
United City of Yorkville Special Service Area No. 2004-104 October S,2004
TABLE 14
SSA No. 2004-104
CENTRAL GRANDE RESERVE
MAXIMUM PARCEL SPECIAL TAX PER EQUIVALENT UNIT
CALENDAR YEAR 2005
Maximum
Required Parcel
Maximum Special Tax
Parcel Total Per
Special Equivalent Equivalent
Development Area Taxes Units Unit [1]
Central Grande Reserve $2,334,285 1,112.139 $2,099
[1] Maximum Parcel Special Taxes divided by total equivalent units.
TABLE 15
SSA No. 2004-106
CENTRAL GRANDE RESERVE
MAXIMUM PARCEL SPECIAL TAX
CALENDAR YEAR 2005
Central Grande Reserve
Maximum
Parcel
Special Tax Maximum
Per Equivalent Parcel
Equivalent Unit Special
Land Use Unit Factor Tax 1
(1) Single-family Property (per DU) $2,099 1.000 $2,099.00
(2) Duplex Property (per DU) $2,099 0.818 $1,717.00
(3) Townhome Property (per DU) $2,099 0.691 $1,450.00
(4) School Property (per school) NA NA NA
5 Clubhouse Property (per clubhouse NA NA NA
[1] Calculations may vary slightly due to rounding.
C. ESCALATION
The Maximum Parcel Special Tax that has been levied in each subsequent
Calendar Year escalates one and one-half percent (1.50%) annually, rounded to
the nearest dollar, with such escalation commencing in Calendar Year 2006. Note,
that while the annual increase in the Maximum Parcel Special Tax is limited to
one and one-half percent (1.50%) which is consistent with the anticipated
graduated payment schedule for interest and principal on the Bonds, the
percentage annual change in the Special Tax extended may be greater depending
upon actual Special Tax receipts, capitalized interest, investment earnings, and
Administrative Expenses.
D. APPLICATION
Prior to the recordation of a Final Plat, the Maximum Parcel Special Tax for a
Parcel of Residential Property shall be calculated by multiplying the number of
expected single-family, duplex, or townhome Dwelling Units for such Parcel by
the applicable Maximum Parcel Special Tax. For each Calendar Year for which
the Maximum Parcel Special Tax has been levied, the expected number of single-
family, duplex, or townhome Dwelling Units shall be based on the most recent
Concept Plan or Preliminary Plat in effect as of September 30 of that year.
Subsequent to the recordation of the Final Plat but prior to the initial sale of each
Dwelling Unit, the Maximum Parcel Special Tax for a lot of Residential Property
shall be calculated by multiplying the Maximum Parcel Special Tax per Dwelling
Unit by the applicable Maximum Parcel Special Tax determined pursuant to
Table 15, as increased in accordance with Section VI.0 above by the number of
anticipated Dwelling Units to be constructed on such lot. (e.g., for a single-family
lot, one Dwelling Unit is anticipated.)
E. TERM
The Maximum Parcel Special Tax shall not be levied after Calendar Year 2032
(to be collected in Calendar Year 2033).
F. SPECIAL TAX ROLL AMENDMENT
Each Calendar Year, in conjunction with the abatement ordinance adopted by the
City, the City shall amend the Special Tax Roll to reflect the Maximum Parcel
Special Tax applicable to any new Parcels established by the County. The
amended Special Tax Roll shall be recorded with the County.
G. OPTIONAL PREPAYMENT
The Maximum Parcel Special Tax for any Parcel may be prepaid and the
obligation of the Parcel to pay the Maximum Parcel Special Tax permanently
satisfied pursuant to Section A of Exhibit C attached hereto, provided that a
prepayment may be made only if there are no delinquent Special Taxes with
Special Tax Roll and Report Page 33
United City of Yorkville Special Service Area No. 2004-104 October S,2004
respect to such Parcel at the time of prepayment. The Maximum Parcel Special
Tax may also be prepaid in part, provided that proceeds for any such prepayment
are sufficient to permit the redemption of Bonds in such amounts and maturities
deemed necessary by the Administrator and in accordance with the Bond
Indenture.
An owner of a Parcel intending to prepay the Maximum Parcel Special Tax, either
partially or in full, shall provide the City with written notice of intent to prepay.
Within 30 days of receipt of such written notice, the City or its designee shall
notify such owner of the amount of the Special Tax Bond Prepayment or the
Partial Special Tax Bond Prepayment, as applicable, for such Parcel and the date
through which the such amount shall be valid.
H. MANDATORY PREPAYMENT
If at any time the Administrator determines that there has been or will be a
reduction in the Maximum Parcel Special Taxes as a result of an amendment to
the Concept Plan, Preliminary Plat, Final Plat, or other event which reduces the
anticipated number of Dwelling Units as shown in Section B of Exhibit C,
attached hereto, then a Mandatory Special Tax Prepayment shall be calculated. As
required under the Bond Indenture, the City may adopt a supplemental ordinance
to provide for the levy of the Mandatory Special Tax Prepayment.
VIII. ABATEMENT METHODOLOGY AND COLLECTION
A. ABATEMENT METHODOLOGY
On or before the last Tuesday of December of each Calendar Year, commencing
with Calendar Year 2005 and for each following Calendar Year, the City or its
designee shall calculate the Special Tax Requirement.
1. Prior to the Issuance of the Second Series
Prior to the issuance of the Second Series, the Special Tax Requirement
will be funded only by the Maximum Parcel Special Taxes applicable to
the First Series Property. The Special Tax authorized by the ordinance
providing for the issuance of the Bonds shall be abated each year to the
extent the amounts so authorized exceed the Special Tax Requirement.
The Maximum Parcel Special Tax applicable to each Parcel of First Series
Property shall be abated in equal percentages until the Special Taxes
remaining equal the Special Tax Requirement. The Maximum Parcel
Special Tax applicable to Second Series Property shall be abated in full.
2. Subsequent to the Issuance of the Second Series
Subsequent to the issuance of the Second Series, the Special Tax
Requirement will be funded by the Maximum Parcel Special Taxes
applicable to both the First Series Property and the Second Series
Special Tax Roll and Report Page 34
United City of Yorkville Special Service Area No. 2004-104 October S,2004
Property. The Maximum Parcel Special Tax authorized by the ordinance
providing for the issuance of the First Series and Second Series shall be
abated each year to the extent the amounts so authorized exceed the
Special Tax Requirement. The Maximum Parcel Special Tax applicable to
each Parcel shall be abated in equal percentages until the Special Taxes
remaining equal the Special Tax Requirement. Notwithstanding the above,
if the Administrator determines there are sufficient moneys available
pursuant to the Bond Indenture (i.e. capitalized interest) to pay the debt
service on the Second Series for the bond year next following the
calculation of the Special Tax Requirement, the Maximum Parcel Special
Tax applicable to the Second Series Property shall be abated in full and
the Maximum Parcel Special Tax for the First Series Property shall be
abated pursuant to Section VIII.A.1 above.
B. COLLECTION PROCESS
The Special Tax shall be billed and collected by the County in the same manner
and at the same time as general ad valorem property taxes. The lien and
foreclosure remedies provided for in Article 9 of the Illinois Municipal Code shall
apply upon the nonpayment of the Maximum Parcel Special Tax levied against
any Parcel. The Council may provide for other means of collecting the Special
Tax, if necessary to meet the financial obligations of SSA No. 2004-104.
The Mandatory Special Tax Prepayment shall be due prior to any development
approval, subdivision of land, conveyance, or other action that results in a
reduction in the Maximum Parcel Special Taxes. The Mandatory Special Tax
Prepayment shall be levied against the property on which the reduction has or will
occur. The Mandatory Special Tax Prepayment shall have the same sale and lien
priorities as are provided for regular property taxes. A Mandatory Special Tax
Prepayment shall not reduce the Maximum Parcel Special Tax for any Parcel.
C. ADMINISTRATIVE REVIEW
Any owner of a Parcel claiming that a calculation error has been made in the
amount of the Special Tax applicable to such Parcel for any Calendar Year may
send a written notice describing the error to the Administrator not later than thirty
(30) days after having paid the Special Tax which is alleged to be in error. The
Administrator shall promptly review the notice, and if necessary, meet with the
property owner, consider written and oral evidence regarding the alleged error,
and decide whether, in fact, such an error occurred. If the Administrator
determines that an error did in fact occur and the Special Tax should be modified
or changed in favor of the property owner, an adjustment shall be made in the
amount of the Special Tax applicable to such Parcel in the next Calendar Year.
Cash refunds shall only be made in the final Calendar Year for the Special Tax.
The decision of the Administrator regarding any error in respect to the Special
Tax shall be final.
Special Tax Roll and Report Page 35
United City of Yorkville Special Service Area No. 2004-104 October S,2004
IX. AMENDMENTS
This Report may be amended by ordinance of the City and, to the maximum extent
permitted by the Act, such amendments may be made without further notice under the
Act and without notice to owners of property within SSA No. 2004-104 in order to (i)
clarify or correct minor inconsistencies in the matters set forth herein, (ii) provide for
lawful procedures for the collection and enforcement of the Special Tax so as to assure
the efficient collection of the Special Tax for the benefit of the owners of the Bonds, (iii)
otherwise improve the ability of the City to fulfill its obligations to levy, extend, and
collect the Special Tax and to make it available for the payment of the Bonds and
Administrative Expenses, and (iv) make any change deemed necessary or advisable by
the City, provided such change is not detrimental to the owners of property subject to the
Maximum Parcel Special Tax. No such amendment shall be approved by the Council if it
violates any other agreement binding upon the City and unless and until it has (i) found
and determined that the amendment is necessary and appropriate and does not materially
adversely affect the rights of the owners of the Bonds or the City has obtained the consent
of one hundred percent (100.00%) of the owners of the Bonds and (ii) received an
opinion of a nationally recognized bond counsel to the effect that the amendment does
not violate the Act, and is authorized pursuant to the terms of the Bond Indenture and this
Report.
K:\C1ients2\Yorkvi11e\Grande Reserve\SSA Report\Central SSA\Central Fixed SSA Report 5.doe
Special Tax Roll and Report Page 36
United City of Yorkville Special Service Area No. 2004-104 October S,2004
EXHIBIT A
COST ESTIMATE SUMMARY FOR THE
CENTRAL GRANDE RESERVE PROJECT
EXHIBIT A
SSA No.2004-104
CENTRAL GRANDE RESERVE
BREAKDOWN OF COST ESTIMATE FOR CENTRAL GRANDE RESERVE
NBH.6-7 NBH8 NBH9-16 SCHOOL CLUBHOUSE
IMPROVEMENTS TOTAL THM DUP SFH PROPERTY PROPERTY
MASTER PLANNED IMPROVEMENTS
ROADS
BRISTOL $355,757 $55,448 $58,322 $219,696 $19,432 $2,858
KENNEDY $1,140,262 $177,721 $186,933 $704,165 $62,284 $9,159
MILL $614,902 $95,838 $100,806 $379,731 $33,587 $4,939
GALENA $304,353 $47,436 $49,895 $187,952 $16,625 $2,445
STATE ROUTE 34 $381,056 $59,391 $62,470 $235,320 $20,814 $3,061
------------------------------------------------------- --------------- --------------- --------------- --------------- --------------- ---------------
SUBTOTAL MASTER PLANNED ROAD $2,796,330 $435,835 $458,427 $1,726,864 $152,742 $22,462
WATER
WATER TOWER $896,570 $187,209 $140,720 $529,901 $34,028 $4,712
TWO WELLS $686,357 $143,315 $107,727 $405,658 $26,050 $3,607
WELL HOUSE&TREATMENT $1,650,803 $344,696 $259,101 $975,676 $62,655 $8,675
GALENA ROAD WATERMAIN $326,716 $68,220 $51,280 $193,099 $12,400 $1,717
STATE ROUTE 34 WATERMAIN $253,268 $52,884 $39,752 $149,689 $9,613 $1,331
WATERMAIN BETWEEN WELLS $227,941 $47,595 $35,776 $134,720 $8,651 $1,198
ENGINEERING AND SURVEY TESTING $455,883 $95,191 $71,553 $269,441 $17,303 $2,396
LESS ESTIMATED RECAPTURE ($46,387) $0 $0 $0 ($40,746 ($5,642
SUBTOTAL MASTER PLANNED WATER $4,451,150 $939,110 $705,908 $2,658,185 $129,954 $17,994
COMMUNITY IMPROVEMENTS
SANITARY SEWER
ROAD ASSOCIATED $1,734,908 $362,258 $272,301 $1,025,384 $65,847 $9,117
LIFT STATION $361,500 $75,483 $56,739 $213,658 $13,720 $1,900
SUBTOTAL COMMUNITY SEWER $2,096,408 $437,741 $329,040 $1,239,042 $79,567 $11,017
WATER
ROAD ASSOCIATED $397,304 $82,959 $62,359 $234,819 $15,079 $2,088
GALENA WATER MAIN $146,491 $30,588 $22,992 $86,581 $5,560 $770
STATE ROUTE 34 WATER MAIN $146,491 $30,588 $22,992 $86,551 $5,560 $770
SUBTOTAL COMMUNITY WATER $690,286 $144,135 $108,343 $407,981 $26,199 $3,628
STORM SEWER
ROAD ASSOCIATED $1,111,399 $198,736 $133,461 $724,497 $34,282 $20,423
STORM SEWER MAIN $361,498 $64,642 $43,410 $235,653 $11,151 $6,643
STORM WATER DETENTION(EARTHWORK) $3,925,070 $701,865 $471,336 $2,558,670 $121,072 $72,127
STORM WATER MANAGEMENT $2,527,500 $451,957 $303,511 $1,647,624 $77,963 $46,446
SUBTOTAL COMMUNITY STORM SEWER $7,925,468 $1,417,199 $951,717 $5,166,444 $244,468 $145,639
ROADS
COLLECTOR ROADS $1,400,003 $218,204 $229,515 $664,567 $76,472 $11,246
EARTHWORK $142,772 $22,252 $23,406 $88,168 $7,799 $1,147
RIGHT OF WAY $455,914 $71,059 $74,742 $281,548 $24,903 $3,662
SUBTOTAL COMMUNITY ROADS $1,998,689 $311,515 $327,662 $1,234,284 $109,173 $16,055
PARKS $1,391,481 $303,670 $228,262 $859,549 $0 $0
SUBTOTAL COMMUNITY PARKS $1,391,481 $303,670 $228,262 $859,549 $0 $0
NEIGHBORHOOD IMPROVEMENTS
SANITARY SEWER $3,701,300 $655,600 $515,200 $2,530,500 $0 $0
WATER $3,701,300 $655,600 $515,200 $2,530,500 $0 $0
STORM SEWER $3,306,100 $417,200 $358,400 $2,530,500 $0 $0
ROADS $5,250,503 $752,450 $756,000 $3,742,053 $0 $0
-------------------------------------------------------------- --------------- --------------- --------------- --------------- --------------- ---------------
SUBTOTAL NEIGHBORHOOD IMPROVEMENTS $15,959,203 $2,480,850 $2,144,800 $11,333,553 $0 $0
SOFT COSTS
CONSTRUCTION MANAGEMENT $737,341 $125,779 $103,741 $488,946 $15,023 $3,852
PRELIMINARY ENGINEERING $60,860 $10,382 $8,563 $40,358 $1,240 $318
FINAL ENGINEERING $529,382 $89,303 $100,382 $334,856 $4,110 $731
VILLAGE ENGINEER REVIEW FEES $327,717 $55,903 $46,109 $217,316 $6,677 $1,712
OTHER PERMIT FEES $141,163 $24,080 $19,861 $93,608 $2,876 $738
TORNADO SIREN $38,785 $8,464 $6,362 $23,959 $0 $0
SUBTOTAL SOFT COSTS $1,835,249 $313,911 $285,018 $1,199,042 $29,926 $7,351
GRAND TOTAL COSTS $39,144,264 $6,783,967 $5,539,178 $25,824,944 $772,030 $224,145
NUMBER OF UNITS 1,245 298 2241 7231 NA NA
EXHIBIT B
SPECIAL TAx ROLL
UNITED CITY OF YORKVILLE
SSA No. 2004-104
CENTRAL GRANDE RESERVE
SPECIAL TAX ROLL
CALENDAR YEAR 2005 THROUGH CALENDAR YEAR 2032
Permanent Index Number
Levied Maximum Parcel Special 02-11-300-005 02-11-400-005 02-14-100-007
Calendar Tax Per Dwelling Unit [1] SFH DUP THM SFH DUP THM SFH DUP THM
Year SF DUP THM 0 0 0 0 26 0 238 0 156
2005 $2,099.00 $1,717.00 $1,450.00 $0 $0 $0 $0 $44,642 $0 $499,562 $0 $226,200
2006 $2,130.00 $1,743.00 $1,472.00 $0 $0 $0 $0 $45,318 $0 $506,940 $0 $229,632
2007 $2,162.00 $1,769.00 $1,494.00 $0 $0 $0 $0 $45,994 $0 $514,556 $0 $233,064
2008 $2,194.00 $1,796.00 $1,516.00 $0 $0 $0 $0 $46,696 $0 $522,172 $0 $236,496
2009 $2,227.00 $1,823.00 $1,539.00 $0 $0 $0 $0 $47,398 $0 $530,026 $0 $240,084
2010 $2,260.00 $1,850.00 $1,562.00 $0 $0 $0 $0 $48,100 $0 $537,880 $0 $243,672
2011 $2,294.00 $1,878.00 $1,585.00 $0 $0 $0 $0 $48,828 $0 $545,972 $0 $247,260
2012 $2,328.00 $1,906.00 $1,609.00 $0 $0 $0 $0 $49,556 $0 $554,064 $0 $251,004
2013 $2,363.00 $1,935.00 $1,633.00 $0 $0 $0 $0 $50,310 $0 $562,394 $0 $254,748
2014 $2,398.00 $1,964.00 $1,657.00 $0 $0 $0 $0 $51,064 $0 $570,724 $0 $258,492
2015 $2,434.00 $1,993.00 $1,682.00 $0 $0 $0 $0 $51,818 $0 $579,292 $0 $262,392
2016 $2,471.00 $2,023.00 $1,707.00 $0 $0 $0 $0 $52,598 $0 $588,098 $0 $266,292
2017 $2,508.00 $2,053.00 $1,733.00 $0 $0 $0 $0 $53,378 $0 $596,904 $0 $270,348
2018 $2,546.00 $2,084.00 $1,759.00 $0 $0 $0 $0 $54,184 $0 $605,948 $0 $274,404
2019 $2,584.00 $2,115.00 $1,785.00 $0 $0 $0 $0 $54,990 $0 $614,992 $0 $278,460
2020 $2,623.00 $2,147.00 $1,812.00 $0 $0 $0 $0 $55,822 $0 $624,274 $0 $282,672
2021 $2,662.00 $2,179.00 $1,839.00 $0 $0 $0 $0 $56,654 $0 $633,556 $0 $286,884
2022 $2,702.00 $2,212.00 $1,867.00 $0 $0 $0 $0 $57,512 $0 $643,076 $0 $291,252
2023 $2,743.00 $2,245.00 $1,895.00 $0 $0 $0 $0 $58,370 $0 $652,834 $0 $295,620
2024 $2,784.00 $2,279.00 $1,923.00 $0 $0 $0 $0 $59,254 $0 $662,592 $0 $299,988
2025 $2,826.00 $2,313.00 $1,952.00 $0 $0 $0 $0 $60,138 $0 $672,588 $0 $304,512
2026 $2,868.00 $2,348.00 $1,981.00 $0 $0 $0 $0 $61,048 $0 $682,584 $0 $309,036
2027 $2,868.00 $2,348.00 $2,011.00 $0 $0 $0 $0 $61,048 $0 $682,584 $0 $313,716
2028 $2,955.00 $2,419.00 $2,011.00 $0 $0 $0 $0 $62,894 $0 $703,290 $0 $313,716
2029 $2,999.00 $2,455.00 $2,072.00 $0 $0 $0 $0 $63,830 $0 $713,762 $0 $323,232
2030 $3,044.00 $2,492.00 $2,103.00 $0 $0 $0 $0 $64,792 $0 $724,472 $0 $328,068
2031 $3,090.00 $2,529.00 $2,135.00 $0 $0 $0 $0 $65,754 $0 $735,420 $0 $333,060
2032 $3,136.00 $2,567.00 $2,167.00 $0 $0 $0 $0 $66,742 $0 $746,368 $0 $338,052
[1]SF is Single-family Property, DUP is Duplex Property,
and THM is Townhome Property.
UNITED CITY OF YORKVILLE
SSA No. 2004-104
CENTRAL GRANDE RESERVE
SPECIAL TAX ROLL
CALENDAR YEAR 2005 THROUGH CALENDAR YEAR 2032
Permanent Index Number
Levied Maximum Parcel Special 02-14-100-009 02-14-201-001 02-14-352-001
Calendar Tax Per Dwelling Unit [1] SFH DUP THM SFH DUP THM SFH DUP THM
Year SF DUP THM 173 0 0 35 198 142 67 0 0
2005 $2,099.00 $1,717.00 $1,450.00 $363,127 $0 $0 $73,465 $339,966 $205,900 $140,633 $0 $0
2006 $2,130.00 $1,743.00 $1,472.00 $368,490 $0 $0 $74,550 $345,114 $209,024 $142,710 $0 $0
2007 $2,162.00 $1,769.00 $1,494.00 $374,026 $0 $0 $75,670 $350,262 $212,148 $144,854 $0 $0
2008 $2,194.00 $1,796.00 $1,516.00 $379,562 $0 $0 $76,790 $355,608 $215,272 $146,998 $0 $0
2009 $2,227.00 $1,823.00 $1,539.00 $385,271 $0 $0 $77,945 $360,954 $218,538 $149,209 $0 $0
2010 $2,260.00 $1,850.00 $1,562.00 $390,980 $0 $0 $79,100 $366,300 $221,804 $151,420 $0 $0
2011 $2,294.00 $1,878.00 $1,585.00 $396,862 $0 $0 $80,290 $371,844 $225,070 $153,698 $0 $0
2012 $2,328.00 $1,906.00 $1,609.00 $402,744 $0 $0 $81,480 $377,388 $228,478 $155,976 $0 $0
2013 $2,363.00 $1,935.00 $1,633.00 $408,799 $0 $0 $82,705 $383,130 $231,886 $158,321 $0 $0
2014 $2,398.00 $1,964.00 $1,657.00 $414,854 $0 $0 $83,930 $388,872 $235,294 $160,666 $0 $0
2015 $2,434.00 $1,993.00 $1,682.00 $421,082 $0 $0 $85,190 $394,614 $238,844 $163,078 $0 $0
2016 $2,471.00 $2,023.00 $1,707.00 $427,483 $0 $0 $86,485 $400,554 $242,394 $165,557 $0 $0
2017 $2,508.00 $2,053.00 $1,733.00 $433,884 $0 $0 $87,780 $406,494 $246,086 $168,036 $0 $0
2018 $2,546.00 $2,084.00 $1,759.00 $440,458 $0 $0 $89,110 $412,632 $249,778 $170,582 $0 $0
2019 $2,584.00 $2,115.00 $1,785.00 $447,032 $0 $0 $90,440 $418,770 $253,470 $173,128 $0 $0
2020 $2,623.00 $2,147.00 $1,812.00 $453,779 $0 $0 $91,805 $425,106 $257,304 $175,741 $0 $0
2021 $2,662.00 $2,179.00 $1,839.00 $460,526 $0 $0 $93,170 $431,442 $261,138 $178,354 $0 $0
2022 $2,702.00 $2,212.00 $1,867.00 $467,446 $0 $0 $94,570 $437,976 $265,114 $181,034 $0 $0
2023 $2,743.00 $2,245.00 $1,895.00 $474,539 $0 $0 $96,005 $444,510 $269,090 $183,781 $0 $0
2024 $2,784.00 $2,279.00 $1,923.00 $481,632 $0 $0 $97,440 $451,242 $273,066 $186,528 $0 $0
2025 $2,826.00 $2,313.00 $1,952.00 $488,898 $0 $0 $98,910 $457,974 $277,184 $189,342 $0 $0
2026 $2,868.00 $2,348.00 $1,981.00 $496,164 $0 $0 $100,380 $464,904 $281,302 $192,156 $0 $0
2027 $2,868.00 $2,348.00 $2,011.00 $496,164 $0 $0 $100,380 $464,904 $285,562 $192,156 $0 $0
2028 $2,955.00 $2,419.00 $2,011.00 $511,215 $0 $0 $103,425 $478,962 $285,562 $197,985 $0 $0
2029 $2,999.00 $2,455.00 $2,072.00 $518,827 $0 $0 $104,965 $486,090 $294,224 $200,933 $0 $0
2030 $3,044.00 $2,492.00 $2,103.00 $526,612 $0 $0 $106,540 $493,416 $298,626 $203,948 $0 $0
2031 $3,090.00 $2,529.00 $2,135.00 $534,570 $0 $0 $108,150 $500,742 $303,170 $207,030 $0 $0
2032 $3,136.00 $2,567.00 $2,167.00 $542,528 $0 $0 $109,760 $508,266 $307,714 $210,112 $0 $0
[1]SF is Single-family Property, DUP is Duplex Property,
and THM is Townhome Property.
UNITED CITY OF YORKVILLE
SSA No. 2004-104
CENTRAL GRANDE RESERVE
SPECIAL TAX ROLL
CALENDAR YEAR 2005 THROUGH CALENDAR YEAR 2032
Permanent Index Number
Levied Maximum Parcel Special 02-15-477-001 02-23-126-001 02-23-201-001
Calendar Tax Per Dwelling Unit[1] SFH DUP THM SFH DUP THM SFH DUP THM GRAND
Year SF DUP THM 0 0 0 187 0 0 23 0 0 TOTAL
2005 $2,099.00 $1,717.00 $1,450.00 $0 $0 $0 $392,513 $0 $0 $48,277 $0 $0 $2,334,285.00
2006 $2,130.00 $1,743.00 $1,472.00 $0 $0 $0 $398,310 $0 $0 $48,990 $0 $0 $2,369,078.00
2007 $2,162.00 $1,769.00 $1,494.00 $0 $0 $0 $404,294 $0 $0 $49,726 $0 $0 $2,404,594.00
2008 $2,194.00 $1,796.00 $1,516.00 $0 $0 $0 $410,278 $0 $0 $50,462 $0 $0 $2,440,334.00
2009 $2,227.00 $1,823.00 $1,539.00 $0 $0 $0 $416,449 $0 $0 $51,221 $0 $0 $2,477,095.00
2010 $2,260.00 $1,850.00 $1,562.00 $0 $0 $0 $422,620 $0 $0 $51,980 $0 $0 $2,513,856.00
2011 $2,294.00 $1,878.00 $1,585.00 $0 $0 $0 $428,978 $0 $0 $52,762 $0 $0 $2,551,564.00
2012 $2,328.00 $1,906.00 $1,609.00 $0 $0 $0 $435,336 $0 $0 $53,544 $0 $0 $2,589,570.00
2013 $2,363.00 $1,935.00 $1,633.00 $0 $0 $0 $441,881 $0 $0 $54,349 $0 $0 $2,628,523.00
2014 $2,398.00 $1,964.00 $1,657.00 $0 $0 $0 $448,426 $0 $0 $55,154 $0 $0 $2,667,476.00
2015 $2,434.00 $1,993.00 $1,682.00 $0 $0 $0 $455,158 $0 $0 $55,982 $0 $0 $2,707,450.00
2016 $2,471.00 $2,023.00 $1,707.00 $0 $0 $0 $462,077 $0 $0 $56,833 $0 $0 $2,748,371.00
2017 $2,508.00 $2,053.00 $1,733.00 $0 $0 $0 $468,996 $0 $0 $57,684 $0 $0 $2,789,590.00
2018 $2,546.00 $2,084.00 $1,759.00 $0 $0 $0 $476,102 $0 $0 $58,558 $0 $0 $2,831,756.00
2019 $2,584.00 $2,115.00 $1,785.00 $0 $0 $0 $483,208 $0 $0 $59,432 $0 $0 $2,873,922.00
2020 $2,623.00 $2,147.00 $1,812.00 $0 $0 $0 $490,501 $0 $0 $60,329 $0 $0 $2,917,333.00
2021 $2,662.00 $2,179.00 $1,839.00 $0 $0 $0 $497,794 $0 $0 $61,226 $0 $0 $2,960,744.00
2022 $2,702.00 $2,212.00 $1,867.00 $0 $0 $0 $505,274 $0 $0 $62,146 $0 $0 $3,005,400.00
2023 $2,743.00 $2,245.00 $1,895.00 $0 $0 $0 $512,941 $0 $0 $63,089 $0 $0 $3,050,779.00
2024 $2,784.00 $2,279.00 $1,923.00 $0 $0 $0 $520,608 $0 $0 $64,032 $0 $0 $3,096,382.00
2025 $2,826.00 $2,313.00 $1,952.00 $0 $0 $0 $528,462 $0 $0 $64,998 $0 $0 $3,143,006.00
2026 $2,868.00 $2,348.00 $1,981.00 $0 $0 $0 $536,316 $0 $0 $65,964 $0 $0 $3,189,854.00
2027 $2,868.00 $2,348.00 $2,011.00 $0 $0 $0 $536,316 $0 $0 $65,964 $0 $0 $3,198,794.00
2028 $2,955.00 $2,419.00 $2,011.00 $0 $0 $0 $552,585 $0 $0 $67,965 $0 $0 $3,277,599.00
2029 $2,999.00 $2,455.00 $2,072.00 $0 $0 $0 $560,813 $0 $0 $68,977 $0 $0 $3,335,653.00
2030 $3,044.00 $2,492.00 $2,103.00 $0 $0 $0 $569,228 $0 $0 $70,012 $0 $0 $3,385,714.00
2031 $3,090.00 $2,529.00 $2,135.00 $0 $0 $0 $577,830 $0 $0 $71,070 $0 $0 $3,436,796.00
2032 $3,136.00 $2,567.00 $2,167.00 $0 $0 $0 $586,432 $0 $0 $72,128 $0 $0 $3,488,102.00
[1]SF is Single-family Property, DUP is Duplex Property,
and THM is Townhome Property.
EXHIBIT C
PREPAYMENT OF MAXIMUM PARCEL SPECIAL TAX
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NO. 2004-104
PREPAYMENT FORMULA
All capitalized terms not defined in this Exhibit C shall have the meaning given to such terms in
the Report.
A. OPTIONAL PREPAYMENT OF THE MAXIMUM PARCEL SPECIAL TAX
Pursuant to Section VII.G of the Report, the Maximum Parcel Special Tax may be
prepaid and permanently satisfied under the conditions set forth therein. The Special Tax
Bond Prepayment is calculated as follows.
1. Special Tax Bond Prepayment Prior to the Issuance of any Bonds
The Special Tax Bond Prepayment for Residential Property prior to the issuance
of any Bonds shall equal the amounts shown in Table A-1 below, subject to
changes as described in Section V.D of the Report. If at the time of the
prepayment, the Parcel intending to prepay is not located within a Final Plat, the
prepayment amount shall be calculated by multiplying the number of expected
single-family, duplex, or townhome Dwelling Units for such Parcel as shown on
the applicable approved Concept Plan, Preliminary Plat, or Final Plat whichever is
the most recent by the corresponding prepayment amount per Dwelling Unit for
the corresponding land use.
TABLE A-1
SSA No. 2004-104
CENTRAL GRANDE RESERVE
Special Tax Bond
Prepayment per
Land Use Dwelling Unit
Single-family Property $18,641 /DU
Duplex Property $15,248 /DU
Townhome Property $12,880/DU
2. First Series Property Prior to the Issuance of the Second Series
Prior to the issuance of the Second Series, the Special Tax Bond Prepayment for a
Parcel of First Series Property means an amount equal to (a) the sum of (1)
Principal, (2) Premium, (3) Defeasance, (4) Fees and (b) minus the Reserve Fund
Credit where the terms "Principal," "Premium," "Defeasance," "Fees," and
"Reserve Fund Credit" have the following meanings:
"Principal" means the principal amount of Bonds to be redeemed and
C-1
equals the quotient derived by dividing (a) the then current Calendar Year
Maximum Parcel Special Tax for the Parcel intending to prepay by (b) the
corresponding Calendar Year Maximum Parcel Special Taxes for First
Series Property, (and excluding from (b) that portion of the Maximum
Parcel Special Tax for any Parcel(s) of First Series Property that has been
prepaid), and multiplying the quotient by the principal amount of
outstanding Bonds.
"Premium" means an amount equal to the Principal multiplied by the
applicable redemption premium, if any, for any Bonds so redeemed with
the proceeds of any such prepayment. Any applicable redemption
premium shall be as set forth in the Bond Indenture.
"Defeasance" means the amount needed to pay interest on the Principal
to be redeemed until the earliest redemption date for the outstanding
Bonds less any Special Tax heretofore paid and which has not been or will
not be used for the Special Tax Requirement.
"Fees" equal the expenses of SSA No. 2004-104 associated with the
Special Tax Bond Prepayment as calculated by the City or its designee and
include, but are not limited to, the costs of computing the Special Tax
Bond Prepayment, the costs of redeeming the Bonds, and the costs of
recording and publishing any notices to evidence the Special Tax Bond
Prepayment and the redemption of Bonds.
"Reserve Fund Credit" shall equal the balance in the Reserve Fund (as
defined in the Bond Indenture) multiplied by the quotient used to calculate
Principal. Reserve Fund earnings to be applied toward the Special Tax
Requirement shall not be considered when computing the Reserve Fund
Credit.
3. Second Series Property Prior to the Issuance of the Second Series
Prior to the issuance of the Second Series, the Special Tax Bond Prepayment
amount for a Parcel of Second Series Property shall be calculated pursuant to the
preceding Section A.1.
4. After the Issuance of the Second Series
After the issuance of the Second Series, the Special Tax Bond Prepayment
amount for a Parcel of First Series Property or Second Series Property shall be
calculated pursuant to the preceding Section A.2 substituting the Maximum Parcel
Special Taxes for SSA No. 2004-104 for the Maximum Parcel Special Taxes for
First Series Property when computing Principal.
The amount of any Partial Special Tax Bond Prepayment shall be computed pursuant to
the appropriate preceding prepayment section substituting the portion of the Maximum
Parcel Special Tax to be prepaid for the Maximum Parcel Special Tax when computing
C-2
Principal, as applicable. The amount of any Special Tax Bond Prepayment or Partial
Special Tax Bond Prepayment computed pursuant to this Section A shall not exceed the
Bonds plus any Premium, Defeasance, and Fees as such terms are defined herein.
B. MANDATORY PREPAYMENT
1. Mandatory Special Tax Prepayment Calculation Prior to the Issuance of the
Second Series
Pursuant to Section VII.H of the Report, the Maximum Parcel Special Tax must
be prepaid if at any time prior to the issuance of the Second Series the
Administrator determines there is or will be a reduction in the number of
anticipated Dwelling Units as shown in Table B-1 below for First Series Property.
TABLE B-I
SSA No. 2004-104
CENTRAL GRANDE RESERVE
PROJECTED DWELLING UNITS
FIRST SERIES PROPERTY
Land Use Dwelling Units
Single-family Property 490
Duplex P operty 0
Townhome Property 0
The Mandatory Special Tax Prepayment amount for First Series Property will be
calculated using the prepayment formula described in Section A.2 above with the
following modifications:
The amount by which the Maximum Parcel Special Taxes have
been reduced shall serve as the numerator when computing
Principal; and
No Reserve Fund Credit shall be given.
The Mandatory Special Tax Prepayment does not apply to Second Series Property
prior to the issuance of the Second Series.
2. Mandatory Special Tax Prepayment Calculation Subsequent to the Issuance
of the Second Series
Subsequent to the issuance of the Second Series, if at any time the Administrator
determines there is or will be a reduction in the number of anticipated Dwelling
Units as shown in Table B-2 on the following page for Residential Property, as
may be amended per Section B.3 below, then a Mandatory Special Tax
Prepayment shall be calculated.
C-3
TABLE B-2
SSA No. 2004-104
CENTRAL GRANDE RESERVE
PROJECTED DWELLING UNITS
SSA No. 2004-104
(FIRST SERIES PROPERTY AND SECOND SERIES PROPERTY)
Land Use Dwelling Units
Single-family Property 723
Duplex P operty 224
Townhome Property 298
The Mandatory Special Tax Prepayment amount will be calculated using the
prepayment formula described in Section A.4 above with the following
modifications:
The amount by which the Maximum Parcel Special Taxes have
been reduced shall serve as the numerator when computing
Principal; and
No Reserve Fund Credit shall be given.
3. Changes to Projected Number of Dwelling Units Prior to the Issuance of the
Second Series
The projected number of Dwelling Units for SSA No. 2004-104 as shown in
Table B-2 above may be modified provided any such changes to the projected
number of Dwelling Units is submitted to and approved by the Administrator
prior to the issuance of the Second Series.
Notwithstanding the above, the amount of any Mandatory Special Tax Prepayment shall
not exceed the Bonds plus any Premium, Defeasance, and Fees as such terms are defined
in Section A above. The Mandatory Special Tax Prepayment shall be levied and collected
pursuant to Section VII.H and Section VIII.B of the Report.
The sum of the amounts calculated in Section A and Section B above shall be paid to the City,
deposited with the trustee, and used to redeem Bonds and/or pay for public improvements in
accordance with the Bond Indenture and to pay the Fees associated with the Special Tax Bond
Prepayment. Upon the payment of the Special Tax Bond Prepayment amount to the City, the
obligation to pay the portion of the Maximum Parcel Special Tax which is prepaid for such
Parcel shall be deemed to be permanently satisfied, such portion of the Maximum Parcel Special
Tax shall not be collected thereafter from such Parcel, and in the event the entire Maximum
Parcel Special Tax is prepaid the Administrator shall cause a satisfaction of special tax lien for
such Parcel to be recorded within 30 working days of receipt of the Special Tax Bond
Prepayment. A Mandatory Special Tax Prepayment shall not reduce the Maximum Parcel
Special Tax for any Parcel.
C-4
EXHIBIT D
CONCEPT PLAN
Site Data
{<:
A=0 Punt %
Total Site 1037.91 100.00 1 L
Perimeter Road R.O.W. 37.31 3.80 VILLAGE OF ' i I
Feature Roads 21.40 2.06 ' 1 :
MONTGOMERY i
Commercial 4..4 0.43 I I11-
Open Space (incl. Dat., Parks k Suffers) 352.48 33.98 /�•/ Iii-- ui'--jlii-. jL-_
Residential 822.28 68.86 -
_ L
Gross site Density 2.56 D.U./Ac, (2846 D.U./1057.91 Ac.)
Residential Area
Residence
1
Minimum Average Minimum Typical
Qhhorhood Tyy.@ Lot 51ze Min. Lot Size Lot Width hot WldEh Y
1 Single Family Villas NA NA NA NA 290 i GP I ,Y '�.• •�
2 Two-Family 10,000 NA 80 Ft. BO Ft. 128
3 Townhomes NA NA NA NA 246
4 Multi-Family NA NA NA NA 300 `
g _ _
6 Townhomes NA NA NA NA 184
8 Townhomee NA NA NA NA 168 \ �
7 Townhomes NA NA NA NA 142
e Two-Family 101000 NA NA NA 224
9 Single Family 104000 11,600 70 Ft. 75 Ft. 135
10 Single Fatally 10,000 11 ,600 70 Ft. 76 Ft. 84
11 Single Family 10,000 11,600 70 Ft. 76 Ft. 07 NEIGHBORHOOD 1
12 Single Family 111000 12,850 75 Ft. BO Ft. 90 STDgYBOOK r... Single Family Villas Ir
HIGHLANDS -
13 Single Family 11,000 12,860 76 Ft. 80 Ft. 60 SUBDIVISION I
14 Single Family 12,000 13,800 80 Ft. B6 Ft. Ile
16 Single Fatally 12,000 131800 80 Ft. 85 Ft. 63
18 Single Family 11,000 12,960 75 Ft. SO Ft. BB
17 Single Family 12,000 13,800 Bo Ft. 86 Ft. 159
_.
18 Single Family 12,000 13,800 80 Ft. 8 Ft. 68
19 Single Family 12,000 19,e00 BO Ft. 86 5 Ft. 6111
Total2848 I - t r 11 T
OPOSED
BLACKBERRY
KNOLL
)I
Open Space Breakdown Suburban Transitional Total SUBDIVISION
j ( �1, . �� VILLAGE OF
Area Acre e Area Acre e Acres Neighborhood Reglgnpj
271 O
Municipal Site 0.52 2,00 2.62 2.62 --- SWEGO I y
Community Clubhouse/Rec. Area --- 6.10 6.10 6.10 -- hAD.!� %` I THE SHEPHERD
School Site / Park Sites 8.20 108.81 118.81 61.28 66.53 GALENA' Re� ` LUTHERAN CHURCH �YTnT� �J/ Pork
Sto Buffers 27.68 80.00 107.68 107.68 G ( ,1• j 1��� Y/
9tormwater Management 36.11 86.36 120.47 120,47 --- WA NER Oetentk\ "'
Total 71.41 281.07 352.48 298.95 65.53 SWB. 1 - I -
�, ROAD
Noses NEIG,�IBO�HOOD 3
own ome
i
h All perimeter lots 5 Ft. la ds existing
buffer County ant in ad will
have a minimum 26 Ft. landscape buffer easement 1n addition to the p. o
ar k •\ :_ /� C , RAILROA "�- =
required re yard. r
1
FUTURE METRA
�. Multi-Family t � .� - &' PARK AND RIDE Nis Y
3utmm�r U lita REGIONAL t 5 r COMPANY IN• tOt� _ FACILITY
IN OSWEGO
Toenhomealy 709 'ARK \ Townhoma EDISON ! "
Two-Family 350 E LT H PANY.
Single Family vtltns 999 Get COMMONWRpj ROAD C OM space
Space _
Total 2848 - _ R"N'I RN eetbn -- GATES CREEK"-
_ - _ --- - - - .. _ / ING7 N - n• -{
WEST UNIT 1
--- v ltaatmowiOOD 7 .: `.-T rl -r
Townhome �� �{1 -
T
GATES CR
y ^ 1-`-` -`J--u-L.11 FTEK
(3I 1 NEIGHBORHOOD 8 Pork L -t WEST UNI 2
Oc Townhome , --
Ll Y.
Q
Z Park
i1I School
Open
Space � L- - LSIR
I II I
- �_ r
;BLACKBERRY OAKS
I HUNTSVILLE (ORIG. TOWN) I SUBDIVISION y J �----
FORMERLY (BRISTOL STATION) I ',
(UrgNOORPORATED BRISTOL) WOOD SUBDIVISION -
IER KSON'Sal it A.l do M SIUB.----qj��� •.� i ` I ^I
,.y M UB. '=1
�ut 1�Qk g `
, SA BBITT I - ----� - ll----__II l.�-
SUB. 1 i ,o• Ol t.__..
t BL RL"KGEERR ..�---I . 09 n+egfSF
Sht del,.r
Cup e aac to
_ N
i
Blackberry Creek �` ✓5�-•, �✓� �,��
C009efVOtlOn Area Municipal � . � �
Gei ( .. Park Lake - �`-�•it"Sy
= - -- -- -
_ , i
i Y e/ �• 1 t� L._ ` _ was` I
ace
i ROPa , ter,
0 Pork f • i < �\ S aces Jam ,
�S;6u r '� ( \ ' •.�\ \ ,�\ ,` � Lase ( � .
Note: J l- �
Neicahh ITC00E 17 connect) n {\r['C/\ lr
AV* Rltl a data talon otoSunaet ,,, � , j ;�,
Ave PIII legdeterminetl at Oma of
Wool loft n
In no Instance shall this re II nman4
NM1 lghsbgrthhood off pile!IaRidgIl of / v '• ' /• \
the
o NeIgAborhoo- 3
6
YY \
oA.>' �
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i
Group Exhibit "C "
Revblona Job No. 3300
06-20-03 MPI - Yorkville Concept Plan
535 Plainfield Road Suite E BEN LAND DESIGN , INC
07-21-03 Seale 1" 400'
Date OS-23-03 Willowbrook, IL 60527 GRANDE RESERVE PLANNING • LANDSCAPE ARCHITECTURE
(630) 325-4500 Yorkville, Illinois 5517 N.Cumberland, Ste.906 Chicago,IL 60656 e773/763-3320
m m ,
Ph: 773.763.3320 Falc 773.763,3325 Email: j nlmd0ameritech.nel
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT H
UNITED CITY OF YORKVILLE SSA N0. 2004-104
2012 AMENDED SPECIAL TAX ROLL
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
Series 1 Single Family Property
02-14-353-001 228 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-002 229 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-003 230 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-004 231 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-005 232 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-006 233 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-007 234 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-008 235 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-009 236 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-010 237 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-011 238 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-012 239 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-013 240 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-014 241 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-015 242 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-016 243 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-017 244 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-018 245 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-019 246 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-020 247 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-021 248 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-022 249 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-023 250 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-024 251 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-025 252 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-026 253 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-027 254 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-028 255 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-029 256 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-030 257 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-031 258 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-353-032 259 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-001 272 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-002 271 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-003 270 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-004 269 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-005 268 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-006 267 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-007 266 SFD l $2,328.00 $365.36 $1,962.64
02-14-354-008 265 SFD l $2,328.00 $365.36 $1,962.64
02-14-354-009 264 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-010 263 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-011 262 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-012 261 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-013 302 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-014 301 SFD 1 $2,328.00 $365.36 $1,962.64
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page I of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-14-354-015 300 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-017 298 SFD l $2,328.00 $365.36 $1,962.64
02-14-354-018 297 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-019 296 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-020 295 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-354-021 294 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-001 283 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-002 282 SFD l $2,328.00 $365.36 $1,962.64
02-14-355-003 281 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-004 280 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-005 279 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-006 278 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-007 277 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-008 276 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-009 275 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-010 274 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-011 273 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-012 293 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-013 292 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-014 291 SFD l $2,328.00 $365.36 $1,962.64
02-14-355-015 290 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-016 289 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-017 288 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-018 287 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-019 286 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-020 285 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-355-021 284 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-001 329 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-002 328 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-003 327 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-004 326 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-005 325 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-006 324 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-007 323 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-008 322 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-009 321 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-010 320 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-011 319 SFD l $2,328.00 $365.36 $1,962.64
02-14-356-012 318 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-013 317 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-014 316 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-015 315 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-356-016 314 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-357-001 330 SFD l $2,328.00 $365.36 $1,962.64
02-14-357-002 331 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-357-003 332 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-357-004 333 SFD 1 $2,328.00 $365.36 $1,962.64
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 2 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-14-357-005 334 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-357-006 335 SFD l $2,328.00 $365.36 $1,962.64
02-14-357-007 336 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-357-008 337 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-357-009 338 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-357-010 339 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-357-011 340 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-357-012 341 SFD l $2,328.00 $365.36 $1,962.64
02-14-357-013 342 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-357-014 343 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-358-001 313 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-358-002 312 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-358-003 311 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-358-004 310 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-358-005 309 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-358-006 308 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-358-007 307 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-358-008 306 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-358-009 305 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-358-010 304 SFD l $2,328.00 $365.36 $1,962.64
02-14-358-011 303 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-375-001 490 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-375-002 489 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-375-003 488 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-375-004 487 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-375-005 486 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-375-006 485 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-375-007 484 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-375-008 483 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-375-009 482 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-001 466 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-002 467 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-003 468 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-004 469 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-005 470 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-007 472 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-008 473 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-009 474 SFD l $2,328.00 $365.36 $1,962.64
02-14-376-010 475 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-011 476 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-012 477 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-013 478 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-014 479 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-015 480 SFD l $2,328.00 $365.36 $1,962.64
02-14-376-016 481 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-017 454 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-018 455 SFD 1 $2,328.00 $365.36 $1,962.64
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 3 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-14-376-019 456 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-020 457 SFD l $2,328.00 $365.36 $1,962.64
02-14-376-021 458 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-022 459 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-023 460 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-024 461 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-025 462 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-026 463 SFD l $2,328.00 $365.36 $1,962.64
02-14-376-027 464 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-376-028 465 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-001 428 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-002 429 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-003 430 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-004 431 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-005 432 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-006 433 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-007 434 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-008 435 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-009 436 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-010 437 SFD l $2,328.00 $365.36 $1,962.64
02-14-377-011 438 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-012 439 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-013 440 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-014 441 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-015 442 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-016 443 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-017 444 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-018 445 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-019 446 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-020 447 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-021 448 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-022 449 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-023 450 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-024 451 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-025 452 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-377-026 453 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-001 393 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-002 392 SFD l $2,328.00 $365.36 $1,962.64
02-14-402-003 391 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-004 390 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-005 389 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-006 388 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-007 387 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-008 386 SFD l $2,328.00 $365.36 $1,962.64
02-14-402-009 385 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-010 384 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-011 383 SFD 1 $2,328.00 $365.36 $1,962.64
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 4 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-14-402-012 382 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-013 381 SFD l $2,328.00 $365.36 $1,962.64
02-14-402-014 380 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-015 379 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-016 378 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-017 377 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-018 376 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-402-019 375 SFD l $2,328.00 $365.36 $1,962.64
02-14-403-001 394 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-002 395 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-003 396 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-004 397 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-005 398 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-006 399 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-007 400 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-008 401 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-009 402 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-010 403 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-011 404 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-012 405 SFD l $2,328.00 $365.36 $1,962.64
02-14-403-013 406 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-014 407 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-015 408 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-016 409 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-017 410 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-018 411 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-019 412 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-020 413 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-021 414 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-022 415 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-023 416 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-024 417 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-026 419 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-027 420 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-028 421 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-029 422 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-030 423 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-031 424 SFD l $2,328.00 $365.36 $1,962.64
02-14-403-032 425 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-033 426 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-403-034 427 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-001 344 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-002 345 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-003 346 SFD l $2,328.00 $365.36 $1,962.64
02-14-404-004 347 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-005 348 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-006 349 SFD 1 $2,328.00 $365.36 $1,962.64
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 5 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-14-404-007 350 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-008 351 SFD l $2,328.00 $365.36 $1,962.64
02-14-404-009 352 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-010 353 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-011 354 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-012 355 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-013 356 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-014 357 SFD l $2,328.00 $365.36 $1,962.64
02-14-404-015 358 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-016 359 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-017 360 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-018 361 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-019 362 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-020 363 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-021 364 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-022 365 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-023 366 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-024 367 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-025 368 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-026 369 SFD l $2,328.00 $365.36 $1,962.64
02-14-404-027 370 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-028 371 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-029 372 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-030 373 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-404-031 374 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-454-002 91 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-454-003 92 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-454-004 93 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-454-005 94 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-454-006 95 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-454-007 96 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-454-008 97 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-454-009 98 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-454-010 99 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-454-011 100 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-454-012 101 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-454-013 102 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-454-014 103 SFD l $2,328.00 $365.36 $1,962.64
02-14-455-001 168 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-002 167 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-003 166 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-004 165 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-005 164 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-006 163 SFD l $2,328.00 $365.36 $1,962.64
02-14-455-007 162 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-008 161 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-009 160 SFD 1 $2,328.00 $365.36 $1,962.64
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 6 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-14-455-010 159 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-011 158 SFD l $2,328.00 $365.36 $1,962.64
02-14-455-012 157 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-013 156 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-014 155 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-015 177 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-016 176 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-017 175 SFD l $2,328.00 $365.36 $1,962.64
02-14-455-018 174 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-019 173 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-020 172 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-021 171 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-022 170 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-455-023 169 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-456-001 154 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-456-002 153 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-456-003 123 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-457-001 147 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-457-002 146 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-457-003 145 SFD l $2,328.00 $365.36 $1,962.64
02-14-457-004 144 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-457-005 143 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-457-006 142 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-457-007 141 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-457-008 140 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-457-009 139 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-457-010 138 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-457-011 137 SFD 1 $2,328.00 $365.36 $1,962.64
02-14-457-012 136 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-002 202 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-003 201 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-004 200 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-005 199 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-006 198 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-007 197 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-008 196 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-009 195 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-010 194 SFD l $2,328.00 $365.36 $1,962.64
02-23-103-011 193 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-012 192 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-013 191 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-014 190 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-015 189 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-016 188 SFD l $2,328.00 $365.36 $1,962.64
02-23-103-017 187 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-018 186 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-103-019 185 SFD 1 $2,328.00 $365.36 $1,962.64
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 7 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-23-104-001 203 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-002 204 SFD l $2,328.00 $365.36 $1,962.64
02-23-104-003 205 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-004 206 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-005 207 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-006 208 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-007 209 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-008 210 SFD l $2,328.00 $365.36 $1,962.64
02-23-104-009 211 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-010 212 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-011 213 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-012 214 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-013 215 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-014 216 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-015 217 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-016 218 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-017 219 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-018 220 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-019 221 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-020 222 SFD l $2,328.00 $365.36 $1,962.64
02-23-104-021 223 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-022 224 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-023 225 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-024 226 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-104-025 227 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-124-001 38 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-124-002 37 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-124-003 36 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-124-004 35 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-124-005 34 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-127-001 50 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-127-002 49 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-127-003 48 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-127-004 47 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-127-005 46 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-127-006 45 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-127-007 44 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-127-008 43 SFD l $2,328.00 $365.36 $1,962.64
02-23-127-009 42 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-127-010 41 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-127-011 40 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-127-012 39 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-001 51 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-002 52 SFD l $2,328.00 $365.36 $1,962.64
02-23-128-003 53 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-004 54 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-005 55 SFD 1 $2,328.00 $365.36 $1,962.64
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 8 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-23-128-006 56 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-007 57 SFD l $2,328.00 $365.36 $1,962.64
02-23-128-008 58 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-009 59 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-010 60 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-011 61 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-012 62 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-013 78 SFD l $2,328.00 $365.36 $1,962.64
02-23-128-014 79 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-015 80 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-016 81 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-017 82 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-018 83 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-128-019 84 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-005 5 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-006 6 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-007 7 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-008 8 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-009 9 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-010 10 SFD l $2,328.00 $365.36 $1,962.64
02-23-129-011 11 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-012 12 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-013 13 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-014 14 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-016 16 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-017 17 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-018 18 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-019 19 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-020 20 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-022 22 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-023 23 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-024 24 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-025 25 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-026 26 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-028 28 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-129-030 30 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-130-001 63 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-130-002 64 SFD l $2,328.00 $365.36 $1,962.64
02-23-130-004 66 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-130-007 69 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-130-008 70 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-130-011 73 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-130-012 74 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-130-013 75 SFD l $2,328.00 $365.36 $1,962.64
02-23-130-014 76 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-130-015 77 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-131-002 122 SFD 1 $2,328.00 $365.36 $1,962.64
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 9 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-23-131-003 121 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-131-004 120 SFD l $2,328.00 $365.36 $1,962.64
02-23-131-005 119 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-132-001 178 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-132-002 179 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-132-003 180 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-132-004 181 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-132-005 182 SFD l $2,328.00 $365.36 $1,962.64
02-23-132-006 183 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-132-007 184 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-002 135 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-003 134 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-004 133 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-005 132 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-006 131 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-007 130 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-008 129 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-009 128 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-010 127 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-011 126 SFD l $2,328.00 $365.36 $1,962.64
02-23-201-012 125 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-013 124 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-014 152 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-015 151 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-016 150 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-017 149 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-201-018 148 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-001 118 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-002 117 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-003 116 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-004 115 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-005 114 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-006 113 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-007 112 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-008 111 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-009 110 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-010 109 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-011 108 SFD l $2,328.00 $365.36 $1,962.64
02-23-203-012 107 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-013 106 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-014 105 SFD 1 $2,328.00 $365.36 $1,962.64
02-23-203-015 104 SFD 1 $2,328.00 $365.36 $1,962.64
Subtotal 464 $1,080,192.00 $169,527.04 $910,664.96
Single Family Property-Partial Prepayment(96.01%)
02-14-354-016 299 PREPAY96 1 $2,328.00 $2,249.68 $78.32
Subtotal 1 $2,328.00 $2,249.68 $78.32
Single Family Property-Partial Prepayment(34.31%)
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 10 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-23-129-002 2 PREPAY34 1 $2,328.00 $1,038.74 $1,289.26
Subtotal 1 $2,328.00 $1,038.74 $1,289.26
Series 2 Single Family Property
02-14-170-001 501 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-170-002 502 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-170-003 503 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-170-004 504 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-170-005 505 SFD l $2,328.00 $2,328.00 $0.00
02-14-170-006 506 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-170-007 507 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-170-008 508 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-170-009 509 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-170-010 510 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-170-011 511 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-170-012 512 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-170-013 513 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-170-014 514 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-171-001 500 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-171-002 499 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-171-003 498 SFD l $2,328.00 $2,328.00 $0.00
02-14-171-004 497 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-171-005 496 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-171-006 495 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-171-007 494 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-171-008 493 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-171-009 492 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-171-010 491 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-172-001 588 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-172-002 587 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-172-003 586 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-172-004 585 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-172-005 584 SFD l $2,328.00 $2,328.00 $0.00
02-14-172-006 583 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-173-001 573 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-173-002 574 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-173-003 575 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-173-004 576 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-173-005 577 SFD l $2,328.00 $2,328.00 $0.00
02-14-173-006 578 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-174-001 572 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-174-002 571 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-174-003 570 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-174-004 569 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-174-005 568 SFD l $2,328.00 $2,328.00 $0.00
02-14-174-006 567 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-174-007 566 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-174-008 557 SFD 1 $2,328.00 $2,328.00 $0.00
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page I 1 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-14-174-009 556 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-174-010 555 SFD l $2,328.00 $2,328.00 $0.00
02-14-174-011 554 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-174-012 553 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-174-013 552 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-174-014 551 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-174-015 550 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-175-001 549 SFD l $2,328.00 $2,328.00 $0.00
02-14-175-002 548 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-175-003 547 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-175-004 546 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-175-005 545 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-175-006 544 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-175-007 543 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-175-008 542 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-175-009 541 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-225-001 703 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-225-002 704 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-225-003 705 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-225-004 706 SFD l $2,328.00 $2,328.00 $0.00
02-14-225-005 707 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-225-006 708 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-225-007 709 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-225-008 710 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-225-009 711 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-227-001 712 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-227-002 713 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-227-003 714 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-227-004 715 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-227-005 716 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-227-006 717 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-227-007 718 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-227-008 719 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-227-009 720 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-227-010 721 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-227-011 722 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-227-012 723 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-228-001 596 SFD l $2,328.00 $2,328.00 $0.00
02-14-228-002 595 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-228-003 594 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-228-004 593 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-228-005 592 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-228-006 591 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-228-007 590 SFD l $2,328.00 $2,328.00 $0.00
02-14-228-008 589 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-001 663 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-002 662 SFD 1 $2,328.00 $2,328.00 $0.00
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 12 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-14-253-003 661 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-004 660 SFD l $2,328.00 $2,328.00 $0.00
02-14-253-005 659 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-006 658 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-007 657 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-008 656 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-009 655 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-010 654 SFD l $2,328.00 $2,328.00 $0.00
02-14-253-011 653 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-012 652 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-013 651 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-014 650 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-015 649 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-016 648 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-017 647 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-018 646 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-019 645 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-020 644 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-021 643 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-022 642 SFD l $2,328.00 $2,328.00 $0.00
02-14-253-023 641 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-024 640 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-025 639 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-026 638 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-027 637 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-028 636 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-029 635 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-030 634 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-031 633 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-253-032 632 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-001 664 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-002 665 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-003 666 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-004 667 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-005 668 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-006 669 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-007 670 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-008 671 SFD l $2,328.00 $2,328.00 $0.00
02-14-254-009 672 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-010 673 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-011 674 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-012 675 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-013 676 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-014 677 SFD l $2,328.00 $2,328.00 $0.00
02-14-254-015 678 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-016 679 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-017 680 SFD 1 $2,328.00 $2,328.00 $0.00
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 13 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-14-254-018 681 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-019 682 SFD l $2,328.00 $2,328.00 $0.00
02-14-254-020 683 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-021 684 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-022 685 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-023 686 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-024 687 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-025 688 SFD l $2,328.00 $2,328.00 $0.00
02-14-254-026 689 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-027 690 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-028 691 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-029 692 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-030 693 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-031 694 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-032 695 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-033 696 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-034 697 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-035 698 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-036 699 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-037 700 SFD l $2,328.00 $2,328.00 $0.00
02-14-254-038 701 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-254-039 702 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-001 597 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-002 598 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-003 599 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-004 600 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-005 601 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-006 602 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-007 603 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-008 604 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-009 605 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-010 606 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-011 607 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-012 608 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-013 609 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-014 610 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-015 611 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-016 612 SFD l $2,328.00 $2,328.00 $0.00
02-14-255-017 613 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-018 614 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-019 615 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-020 616 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-021 617 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-022 618 SFD l $2,328.00 $2,328.00 $0.00
02-14-255-023 619 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-024 620 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-025 621 SFD 1 $2,328.00 $2,328.00 $0.00
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 14 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-14-255-026 622 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-027 623 SFD l $2,328.00 $2,328.00 $0.00
02-14-255-028 624 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-029 625 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-030 626 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-031 627 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-032 628 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-033 629 SFD l $2,328.00 $2,328.00 $0.00
02-14-255-034 630 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-255-035 631 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-320-001 515 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-320-002 516 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-320-003 517 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-320-004 518 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-320-005 519 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-321-001 582 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-321-002 581 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-321-003 580 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-321-004 579 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-322-001 520 SFD l $2,328.00 $2,328.00 $0.00
02-14-322-002 521 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-322-003 522 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-322-004 523 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-322-005 524 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-322-006 525 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-323-001 565 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-323-002 564 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-323-003 563 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-323-004 562 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-323-005 561 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-323-006 560 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-323-007 559 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-323-008 558 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-324-001 540 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-324-002 539 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-324-003 538 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-324-004 537 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-324-005 536 SFD l $2,328.00 $2,328.00 $0.00
02-14-324-006 535 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-325-001 526 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-325-002 527 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-325-003 528 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-325-004 529 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-325-005 530 SFD l $2,328.00 $2,328.00 $0.00
02-14-325-006 531 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-325-007 532 SFD 1 $2,328.00 $2,328.00 $0.00
02-14-325-008 533 SFD 1 $2,328.00 $2,328.00 $0.00
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 15 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-14-325-009 534 SFD 1 $2,328.00 $2,328.00 $0.00
Subtotal 233 $542,424.00 $542,424.00 $0.00
Series 2 Duplex Property
02-11-490-002 804 DUP 2 $3,812.00 $3,812.00 $0.00
02-11-490-003 805 DUP 2 $3,812.00 $3,812.00 $0.00
02-11-490-004 806 DUP 2 $3,812.00 $3,812.00 $0.00
02-11-490-005 807 DUP 2 $3,812.00 $3,812.00 $0.00
02-11-490-006 808 DUP 2 $3,812.00 $3,812.00 $0.00
02-11-490-007 809 DUP 2 $3,812.00 $3,812.00 $0.00
02-11-490-008 810 DUP 2 $3,812.00 $3,812.00 $0.00
02-11-490-009 811 DUP 2 $3,812.00 $3,812.00 $0.00
02-11-490-010 812 DUP 2 $3,812.00 $3,812.00 $0.00
02-11-490-011 813 DUP 2 $3,812.00 $3,812.00 $0.00
02-11-491-002 724 DUP 2 $3,812.00 $3,812.00 $0.00
02-11-491-003 725 DUP 2 $3,812.00 $3,812.00 $0.00
02-11-491-004 726 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-222-001 773 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-222-002 774 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-222-003 775 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-222-004 776 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-222-005 777 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-222-006 778 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-222-007 779 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-222-008 780 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-222-009 781 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-222-010 782 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-222-011 783 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-222-012 784 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-001 785 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-002 786 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-003 787 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-004 788 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-005 789 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-006 790 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-007 791 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-008 792 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-009 793 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-010 794 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-011 795 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-012 796 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-013 797 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-014 798 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-015 799 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-016 800 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-017 801 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-018 802 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-223-019 803 DUP 2 $3,812.00 $3,812.00 $0.00
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 16 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-14-224-001 814 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-002 815 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-003 816 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-004 817 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-005 818 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-006 819 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-007 820 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-008 821 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-009 822 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-010 823 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-011 824 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-012 825 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-013 826 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-014 827 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-015 828 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-016 829 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-017 830 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-018 831 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-019 832 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-020 833 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-021 834 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-224-022 835 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-011 772 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-012 771 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-013 770 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-014 769 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-015 768 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-016 767 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-017 766 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-018 765 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-019 764 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-020 763 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-021 762 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-022 761 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-023 760 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-024 759 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-225-025 758 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-014 757 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-015 756 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-016 755 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-017 754 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-018 753 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-019 752 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-020 751 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-021 750 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-022 749 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-023 748 DUP 2 $3,812.00 $3,812.00 $0.00
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 17 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-14-227-024 747 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-025 746 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-026 745 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-027 744 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-028 743 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-029 742 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-030 741 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-031 740 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-032 739 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-033 738 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-034 737 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-035 736 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-036 735 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-037 734 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-038 733 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-039 732 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-227-040 731 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-229-001 727 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-229-002 728 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-229-003 729 DUP 2 $3,812.00 $3,812.00 $0.00
02-14-229-004 730 DUP 2 $3,812.00 $3,812.00 $0.00
Subtotal 224 $426,944.00 $426,944.00 $0.00
Series 2 Townhome Property
02-14-100-020 NA THM 298 $479,482.00 $479,482.00 $0.00
Subtotal 298 $479,482.00 $479,482.00 $0.00
Prepaid Single Family Property
02-14-353-033 260 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-14-376-006 471 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-14-403-025 418 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-124-006 33 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-124-007 32 PREPAYS l $2,328.00 $2,328.00 $0.00
02-23-124-008 31 PREPAYS l $2,328.00 $2,328.00 $0.00
02-23-128-020 85 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-128-021 86 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-128-022 87 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-128-023 88 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-128-024 89 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-128-025 90 PREPAYS l $2,328.00 $2,328.00 $0.00
02-23-129-001 1 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-129-003 3 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-129-004 4 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-129-015 15 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-129-021 21 PREPAYS l $2,328.00 $2,328.00 $0.00
02-23-129-027 27 PREPAYS l $2,328.00 $2,328.00 $0.00
02-23-129-029 29 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-130-003 65 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-130-005 67 PREPAYS 1 $2,328.00 $2,328.00 $0.00
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 18 of 19
United City of Yorkville
Special Service Area No.2004-104
(Central Grande Reserve)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Use Units Levied Abated Collected
02-23-130-006 68 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-130-009 71 PREPAYS 1 $2,328.00 $2,328.00 $0.00
02-23-130-010 72 PREPAYS 1 $2,328.00 $2,328.00 $0.00
Subtotal 24 $55,872.00 $55,872.00 $0.00
Exempt
02-11-300-015 3013 EX 0 $0.00 $0.00 $0.00
02-11-490-001 3016 EX 0 $0.00 $0.00 $0.00
02-11-491-001 3015 EX 0 $0.00 $0.00 $0.00
02-14-100-019 3010 EX 0 $0.00 $0.00 $0.00
02-14-170-015 3009 EX 0 $0.00 $0.00 $0.00
02-14-175-012 3026 EX 0 $0.00 $0.00 $0.00
02-14-175-013 3027 EX 0 $0.00 $0.00 $0.00
02-14-225-010 3017 EX 0 $0.00 $0.00 $0.00
02-14-227-013 3014 EX 0 $0.00 $0.00 $0.00
02-14-352-004 3006 EX 0 $0.00 $0.00 $0.00
02-14-352-005 3004 EX 0 $0.00 $0.00 $0.00
02-14-353-034 3007 EX 0 $0.00 $0.00 $0.00
02-14-404-032 3008 EX 0 $0.00 $0.00 $0.00
02-14-454-001 3002 EX 0 $0.00 $0.00 $0.00
02-14-458-002 3003 EX 0 $0.00 $0.00 $0.00
02-14-458-003 3003 EX 0 $0.00 $0.00 $0.00
02-23-103-001 3005 EX 0 $0.00 $0.00 $0.00
02-23-129-031 3000 EX 0 $0.00 $0.00 $0.00
02-23-131-006 3001 EX 0 $0.00 $0.00 $0.00
Subtotal 0 $0.00 $0.00 $0.00
GRAND TOTALS 1,245 $2,589,570.00 1,677,537.46 $912,032.54
(#of units) (maximum taxes) (taxes abated) (taxes levied)
12/7/12 7:22AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-104\2012\Tax Page 19 of 19
Ordinance No. 2013-
ORDINANCE ABATING SPECIAL SERVICE AREA TAXES
FOR SPECIAL SERVICE AREA NUMBER 2004-107
(RAINTREE VILLAGE II PROJECT)
BE IT ORDAINED BY THE CITY COUNCIL OF THE UNITED CITY OF
YORKVILLE, KENDALL COUNTY, ILLINOIS, AS FOLLOWS:
Section 1. It is found and declared by the City Council of the United City of
Yorkville, Kendall County, Illinois (the "City"), as follows:
(a) The City Council of the City adopted Ordinance No. 2005-91 on
November 22, 2005 (the "Bond Ordinance") which: (i)provided for the issuance of not
to exceed $10,000,000 of Special Service Area Number 2004-107 Special Tax Bonds,
Series 2005 (Raintree Village II Project) (the "Bonds"), of the United City of Yorkville,
which were issued in the original principal amount of $9,400,000 for the purpose of
paying for the costs of certain improvements benefiting the Special Service Area Number
2004-107 (the "Special Service Area"); and (ii) provided for the levy of a Special Tax
upon all taxable property within the Special Service Area sufficient to pay the principal
of the Bonds for each year at maturity or mandatory sinking fund redemption dates and to
pay interest and Administrative Expenses of the Special Service Area for each such year.
The Bond Ordinance also authorized the City to abate the taxes levied pursuant to such
Ordinance to the extent the taxes levied exceeded the Special Tax Requirement (as
defined in the Bond Ordinance) as calculated pursuant to the Special Service Area
Number 2004-107 Special Tax Roll and Report (the "Special Tax Report") prepared by
David Taussig & Associates, Inc. (the "Consultant").
Ordinance No.2013-
Page 1
(b) Pursuant to the Special Tax Report, the Consultant of the City has
determined that the Special Tax Requirement for 2012 for the Bonds is $741,652.00 and
the 2012 Levy for Special Taxes is $741,652.00.
Section 2. Of the $748,636.00 of Special Taxes levied for calendar year 2012
pursuant to Section 6 of the Bond Ordinance $6,984.00 of such Special Taxes is hereby abated
resulting in a 2012 calendar year levy of$741,652.00.
Section 3. It is the duty of the County Clerk of Kendall County to abate those taxes
as provided in Section 2 of this Ordinance.
Section 4. The City Council of the City hereby approves the United City of Yorkville
Special Service Area Number 2004-107 Administration Report Levy Year 2012 dated December
7, 2012 prepared by David Taussig & Associates, Inc. and the 2012 Amended Special Tax Roll
attached to such report with such changes therein as are deemed necessary by the Mayor and the
City's consultant to reflect any changes in final parcel identification numbers.
Section 5. All ordinances, resolutions and orders or parts of ordinances, resolutions
and orders in conflict with this ordinance are repealed to the extent of such conflict. The City
Clerk shall cause this Ordinance to be published in pamphlet form. This Ordinance shall be in
full force and effect after passage and publication as provided by law.
Ordinance No.2013-
Page 2
Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this
day of , A.D. 2013.
City Clerk
ROSE ANN SPEARS DIANE TEELING
KEN KOCH JACKIE MILSCHEWSKI
CARLO COLOSIMO MARTY MUNNS
CHRIS FUNKHOUSER LARRY KOT
SIGNED by the Mayor this day of , 2013.
Mayor
ATTEST:
City Clerk
Published in pamphlet form January , 2013.
Ordinance No.2013-
Page 3
UNITED CITY OF YORKVILLE
E'ST. . 1936
SPECIAL SERVICE AREA NO.2004-107
ADMINISTRATION REPORT
LEVY YEAR 2012
DECEMBER 14,2012
Newport Beach
Riverside
San Francisco
Chicago
Dallas
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NO. 2004-107
2012 ADMINISTRATION REPORT
PREPARED FOR
UNITED CITY OF YORKVILLE
800 Game Farm Road
Yorkville, IL 60560
PREPARED BY
DAVID TAUSSIG&ASSOCIATES,INC.
Corporate Office
5000 Birch Street, Suite 6000
Newport Beach, California 92660
Division Offices
Riverside, California
San Francisco, California
Chicago, Illinois
Dallas, Texas
�J FSDAVID TAUSSIG
& ASSOCIATES
Table of Contents
Section Page
INTRODUCTION................................................................................................................................1
AUTHORIZED SPECIAL SERVICES................................................................................................................................1
BONDEDINDEBTEDNESS.............................................................................................................................................I
SPECIALTAXES...........................................................................................................................................................2
I. SPECIAL TAX REQUIREMENT .....................................................................................................3
IL ACCOUNT ACTIVITY SUMMARY................................................................................................4
III. MAXIMUM,ABATED,AND EXTENDED SPECIAL TAXES..........................................................7
IV. PRIOR YEAR SPECIAL TAX COLLECTIONS............................................................................10
2007 SPECIAL TAX RECEIPTS....................................................................................................................................10
TAXSALES AND FORECLOSURES..............................................................................................................................10
V. DEVELOPMENT STATUS...........................................................................................................11
EQUALIZEDASSESSED VALUE..................................................................................................................................11
VI. OUTSTANDING BONDS............................................................................................................12
BOND REDEMPTIONS FROM SPECIAL TAX PREPAYMENTS........................................................................................12
SPECIAL TAX PREPAYMENTS....................................................................................................................................12
VII. EQUALIZED ASSESSED VALUE AND VALUE TO LIEN RATIO...............................................13
VIII. AD VALOREM PROPERTY TAX RATES................................................................................14
EXHIBIT A FUNDS AND ACCOUNTS
EXHIBIT B APPLICATION OF SPECIAL TAX
EXHIBIT C APPLICATION OF EARNINGS
EXHIBIT D SOURCES AND USES OF FUNDS
EXHIBIT E DEBT SERVICE SCHEDULE
EXHIBIT F AERIAL EXHIBIT OF SSA BOUNDARIES
EXHIBIT G SPECIAL TAX ROLL AND REPORT
EXHIBIT H 2012 AMENDED SPECIAL TAX ROLL
�J FSDAVID TAUSSIG
& ASSOCIATES
Introduction
This report calculates the 2012 special taxes required to pay annual debt service on the United
City of Yorkville (the "City") Special Service Area Number 2004-107 ("SSA No. 2004-107")
Special Tax Bonds, Series 2005 (Raintree Village II Project) (the "Series 2005 Bonds") and
administrative expenses and apportions the special taxes to each taxable parcel within SSA No.
2004-107. Pursuant to the Special Service Area Act (the "Act"), the City Aldermen are the
governing body of SSA No. 2004-107. The City Aldermen must annually, prior to the last
Tuesday of December, approve by ordinance the special taxes to be collected, abate the
Maximum Parcel Special Taxes in excess of the special taxes to be collected, and direct the
County Clerk of Kendall County to extend the special taxes for collection. The special taxes will
be billed on the tax bill for ad valorem property taxes.
SSA No. 2004-107 was established by Ordinance No. 2005-90 (the "Establishing Ordinance"),
adopted on November 22, 2005. The Establishing Ordinance authorized SSA No. 2004-107 to
provide special services, issue bonds, and levy a special tax to repay the bonds.
Authorized Special Services
The authorized special services include:
• Engineering;
• Soil testing and appurtenant work;
• Mass grading and demolition;
• Storm water management facilities;
• Storm drainage systems and storm sewers;
• Site clearing and tree removal;
• Public water facilities;
• Sanitary sewer facilities;
• Erosion control measures;
• Roads, streets, curbs, gutters, street lighting, traffic controls, sidewalks, equestrian
paths and related street improvements, equipment and materials necessary for the
maintenance thereof,
• Landscaping, wetland mitigation and tree installation;
• Park improvements;
• Costs for land and easement acquisitions relating to any of the foregoing
improvements; and
• Required tap-on and related fees for water or sanitary sewer services and other
eligible costs.
Bonded Indebtedness
The Establishing Ordinance specified that not more than $10,000,000 in bonds may be issued by
SSA No. 2004-107. Ordinance No. 2005-91 (the 'Bond Ordinance"), adopted on December 2,
2005 approved the form of a trust indenture and preliminary limited offering memorandum and
United City of Yorkville SSA No. 2004-107 Page 1
2012 Administration Report December 14, 2012
�J PWDAVID TAUSSIG
& ASSOCIATES
provided for the issuance of not more than $10,000,000 in Series 2005 Bonds. The Series 2005
Bonds were issued in the amount of $9,400,000 in December 2005. The current debt service
schedule is attached hereto as Exhibit E and a brief summary of any optional redemption of
bonds is contained in Section VI herein.
Special Taxes
The Establishing Ordinance incorporates the United City of Yorkville Special Service Area
Number 2004-107 Special Tax Roll and Report (the "Special Tax Roll and Report"). The
Special Tax Roll and Report sets forth the Maximum Parcel Special Taxes which have been
levied for the payment of principal of and interest on the Series 2005 Bonds and the
administration and maintenance of SSA No. 2004-107 and is attached hereto as Exhibit G. A
table of the Maximum Parcel Special Taxes is included in Section III herein.
United City of Yorkville SSA No. 2004-107 Page 2
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
I. Special Tax Requirement
The SSA No. 2004-107 2012 Special Tax Requirement is equal to $1,304,075 which exceeds the
Maximum Parcel Special Taxes by $562,423. As shown in Table 1 below, the 2012 Special Tax
Requirement is equal to the sum of the Series 2005 debt service for the twelve months ending
March 1, 2014, estimated administrative expenses, and the reserve fund replenishment.
TABLE 1
SPECIAL SERVICE AREA No 2004-107
2012 SPECIAL TAX REQUIREMENT
SOURCES OF FUNDS $741,652
Prior Year Surplus/(Deficit) $0
Earnings $0
Special Taxes
Billed $741,652
USES OF FUNDS ($1,304,075)
Debt Service
Interest- 09/01/2013 ($279,938)
Interest- 03/01/2014 ($279,938)
Principal- 03/01/2014 ($115,000)
Administrative Expenses ($21,153)
Delinquent Special Taxes $0
Reserve Fund Replenishment ($608,047)
Projected Surplus/(Deficit) -09/01/2013 ($562,423)
United City of Yorkville SSA No. 2004-107 Page 3
2012 Administration Report December 14, 2012
�J PSDAVID TAUSSIG
& ASSOCIATES
H. Account Activity Summary
The Trust Indenture for the Series 2005 Bonds (the "2005 Indenture") establishes five funds and
three accounts. The five funds are the Bond and Interest Fund, Reserve Fund, Improvement
Fund, Administrative Expense Fund, and Rebate Fund. Within the Bond and Interest Fund are
the Capitalized Interest Account and Special Redemption Account. Within the Improvement
Fund is the Cost of Issuance Account. A diagram of the funds and accounts is included herein as
Exhibit A.
Money held in any of the funds and accounts can be invested at the direction of the City and in
conformance with the limitations set forth in the 2005 Indenture. Investment interest earnings, if
any, will generally be applied to the fund or account for which the investment is made.
Diagrams of the application of special taxes and earnings are attached as Exhibits B and C,
respectively.
A summary of account activity for the twelve months ending August 31, 2012 is shown in Table
2 below. A monthly summary of account activity is attached as Exhibit D.
United City of Yorkville SSA No. 2004-107 Page 4
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
TABLE 2
SPECIAL SERVICE AREA NO 2004-107
TRANSACTION SUMMARY
SPECIAL
ADMINISTRATIVE RESERVE BOND AND REDEMPTION
EXPENSE FUND FUND INTEREST FUND FUND
SOURCES OF FUNDS-ACTUAL
Beginning Balance-09/01/2011 $8,794 $910,563 $360,224 S1,333
Earnings $3 $281 $16 SO
Special Taxes
Prior Year(s) $0 $0 $327,879 $0
Levy Year 2011 $0 $0 $26,305 $0
Miscellaneous $0 $0 $0 SO
US ES OF FUNDS-ACTUAL
Account Transfers $0 ($280) $280 SO
Administrative Expense Transfers
Fiscal Year 2011 Prefunding $22,957 $0 ($22,957) $0
Fiscal Year 2011 Budget $0 $0 $0 $0
Debt Service
Interest- 09/01/2011 $0 $0 ($285,656) $0
Interest- 03/01/2012 $0 $0 ($285,656) $0
Principal- 03/01/2012 $0 $0 ($84,000) $0
Bond Redemptions/Prepayments
Receipts $0 $0 $0 $0
Principal Redemption $0 $0 $0 $0
Redemption Premium $0 $0 $0 $0
Refund to Property Owners $0 $0 $0 $0
Administrative Expenses ($26,630) $0 $0 $0
Ending Balance-08/31/2012 $5,125 $910,564 $36,434 $1,333
United City of Yorkville SSA No. 2004-107 Page S
2012 Administration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
The calculation of the estimated 2013 bond year-end fund balances and excess reserve funds is
shown in Table 3 below.
TABLE 3
SPECIAL SERVICE AREA NO 2004-107
ESTIMATED 2013 BOND YEAR-END FUND BALANCES
SEPTEMBER 1, 2012 THROUGH MARCH 1, 2013
SPECIAL
ADMINISTRATIVE RESSFnvE BoND AND REDUMTION
EXPENSE FOND FOND INTEREST FtiND FUND
SOURCES OF FUNDS-PROJECTID
Beginning Balance-08/31/2012 $5,125 5910,564 $36,434 $1,333
Earnings $0 SO $0 SO
Special Taxes
Prior Year(s) $0 $0 $0 $0
Levy Year 2011 $0 $0 $20,580 $0
USES OF FUNDS-PROJECTED
Account Transfers $0 ($608,048) $608,048 $0
Administrative Expense Transfers
Levy Year 2012 Prefunding $0 $0 $0 $0
Levy Year 2011 Budget $0 $0 $0 $0
Debt Service
Interest- 09/01/2012 $0 $0 ($283,031) $0
Principal- 03/01/2013 $0 $0 ($99,000) $0
Interest- 03/01/2013 $0 $0 ($283,031) $0
Administrative Expenses
Remaining Levy Year 2011 Expenses ($8,252) $0 $0 SO
Ending Balance-03/01/2013 ($3,127) $302,516 $0 $1,333
Reserve Fund Requirement $0 ($910,563) $0 $0
Funds Not Eligible for Levy Surplus $0 $0 $0 ($1,333)
Projected Surplus/(Deficit) 03/01/2013 ($3,127) ($608,047) $0 $0
United City of Yorkville SSA No. 2004-107 Page 6
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
III. Maximum, Abated, and Extended Special Taxes
Pursuant to the Special Tax Roll and Report, the 2012 Maximum Parcel Special Taxes equal
$748,636. Subtracting the 2012 Special Tax Requirement of$741,652 results in an abatement of
$6,984. In accordance with the Special Tax Roll and Report the Maximum Parcel Special Tax
applicable to each Parcel in SSA 2004-107 is abated in equal percentages until the special tax
remaining equals the Special Tax Requirement.
The maximum, abated, and extended special tax for each special tax classification is shown in
Table 4 below. The Amended Special Tax Roll, which lists the maximum, abated, and extended
special tax for each parcel, is attached as Exhibit H. Note, the special tax levy and abatement
have been adjusted to reconcile with the special taxes set forth in the bond ordinance.
TABLE 4
SPECIAL SERVICE AREA NO 2004-107
MAXIMUM,ABATED AND EXTENDED SPECIAL TAXES
MAXIMUM
PARCEL SPECIAL ABATED SPECIAL EXTENDED
SPECIAL.TAX CLASSIFICATION TAX TAX SPECIAL.TAX
Single Family Dwelling Unit $2,328.00 $0.00 $2,328.00
Single Family Dwelling Unit- Prepaid $2,328.00 $2,328.00 $0.00
Duplex Dwelling Unit $1,906.00 $1,906.00 $0.00
Duplex Dwelling Unit- Prepaid $1,906.00 $1,906.00 $0.00
Townhome Dwelling Unit $1,609.00 $0.00 $1,609.00
FTOwnhorneDwellingUnit- Prepaid $1,609.00 $1,609.00 $0.00
United City of Yorkville SSA No. 2004-107 Page 7
2012 Administration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
A comparison of the maximum and extended special tax amounts for 2012 and 2011 is shown in
Table 5 below.
TABLE 5
SPECIAL SERVICE AREA NO 2004-107
COMPARISON OF MAXIMUM AND EXTENDED SPECIAL TAXES
PERCENTAGE
SPECIAL TAX CLASSIFICATION L CHANGE
Maximum Parcel Special Tax ■
Single Family Dwelling Unit $2,328.00 $2,294.00 1.5%
Duplex Dwelling Unit $1,906.00 $1,878.00 1.5%
Townhome Dwelling Unit $1,609.00 $1,585.00 1.5%
Extended Special Tax
Single Family Dwelling Unit $2,328.00 $2,148.86 8.3%
Duplex Dwelling Unit $1,906.00 $1,759.18 8.3%
Townhome Dwelling Unit $1,609.00 $1,484.72 8.4%
The schedule of the remaining SSA No. 2004-107 Maximum Parcel Special Taxes is shown in
Table 6 on the following page. The Maximum Parcel Special Taxes escalate one and one-half
percent(1.50%) annually through 2033.
United City of Yorkville SSA No. 2004-107 Page 8
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
TABLE 6
SPECIAL SERVICE AREA NO 2004-107
MAXIMUM PARCEL SPECIAL TAXES
PER UNrr
LEVY COLLECTION SINGLE
YEAR YEAR AGGREGATE FAMILY DUPLEX TowNI3ow
2012 2013 $748,636 $2,328 $1,906 $1,609
2013 2014 $759,880 $2,363 $1,935 $1,633
2014 2015 $771,124 $2,398 $1,964 $1,657
2015 2016 $782,698 $2,434 $1,993 $1,682
2016 2017 $794,512 $2,471 $2,023 $1,707
2017 2018 $806,454 $2,508 $2,053 $1,733
2018 2019 $818,636 $2,546 $2,084 $1,759
2019 2020 $830,818 $2,584 $2,115 $1,785
2020 2021 $843,368 $2,623 $2,147 $1,812
2021 2022 $855,918 $2,662 $2,179 $1,839
2022 2023 $868,836 $2,702 $2,212 $1,867
2023 2024 $881,956 $2,743 $2,245 $1,895
2024 2025 $895,114 $2,784 $2,279 $1,923
2025 2026 $908,602 $2,826 $2,313 $1,952
2026 2027 $922,128 $2,868 $2,348 $1,981
2027 2028 $935,984 $2,911 $2,383 $2,011
2028 2029 $950,080 $2,955 $2,419 $2,041
2029 2030 $964,304 $2,999 $2,455 $2,072
2030 2031 $978,768 $3,044 $2,492 $2,103
2031 2032 $993,562 $3,090 $2,529 $2,135
2032 2033 $1,008,394 $3,136 $2,567 $2,167
2033 2034 $1,023,594 $3,183 $2,606 1 $2,200
United City of Yorkville SSA No. 2004-107 Page 9
2012 Administration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
IV. Prior Year Special Tax Collections
The SSA No. 2004-107 special tax is billed and collected by Kendall County (the "County") in
the same manner and at the same time as general ad valorem property taxes. The City may
provide for other means of collecting the special tax, if necessary to meet the financial
obligations of SSA No. 2004-107.
2011 Special Tax Receipts
As of December 6, 2012 SSA No. 2004-107 2011 special tax receipts totaled $46,885.28.
Special taxes in the amount $637,630.86 are unpaid for delinquency rate of 93.15%. A
breakdown of the paid and unpaid special taxes by owner of record is shown in Table 7 below.
TABLE 7
SPECIAL SERVICE AREA NO 2004-107
2011 PAID AND UNPAID SPECIAL TAXES
TOTAL UNPAID PERCENT
OWNER SPECIAL TAxES SPECIAL TAx s UNPAID
Homeowners $46,885.28 $0.00 0.00%
Lennar Homes LLC $418,447.14 $418,447.14 100.00%
Ramtree Village LLC $201,992.84 $201,992.84 100.00%
Raintree Village 11 LLC $17,190.88 $17,190.88 100.00%
Total $684,516.14 $637,630.86 93.15%
Tax Sales and Foreclosures
The lien and foreclosure remedies provided for in Article 9 of the Illinois Municipal Code shall
apply upon the nonpayment of the special tax. The City is not currently pursuing any
foreclosure actions.
Two-hundred thirty-seven (237) parcels were delinquent on November 12, 2012 and were
presented for tax sale at the Kendall County Annual Tax Sale held on November 13, 2012. The
delinquent special taxes for the 237 delinquent parcels were not sold and remain unpaid.
United City of Yorkville SSA No. 2004-107 Page 10
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
V. Development Status
SSA No. 2004-107 is comprised of two hundred and two (202) single family homes, thirty-eight
(38) duplex units, and one hundred twenty-eight (128) townhomes, which is consistent with the
original projections. An aerial map of SSA No. 2004-107 is attached as Exhibit F. The number
of units in each plat is summarized in Table 8 below.
TABLE 8
SPECIAL SERVICE AREA NO 2004-107
LAND USE SUMMARY
PLAT RECORDED LAND USE NUMBER OF UNITS
Unit 4 Yes Duplex 38
Unit 4 Yes Townhome 128
Unit 5 Yes Single Family 102
Unit 6 Yes Single Family 100
Total 368
Equalized Assessed Value
The 2011 equalized assessed value was $1,561,187. The average assessed value per single-
family dwelling unit equals $69,690. The average assessed value per duplex dwelling unit
equals $0. The average assessed value per townhome dwelling unit equals $39,730. The full
value of the residential development is not yet available.
United City of Yorkville SSA No. 2004-107 Page I1
2012 A dm in istration Report December 14, 2012
�J �DAVID TAUSSIG
& ASSOCIATES
VT Outstanding Bonds
The Series 2005 Bonds were issued in December 2005 as fixed rate bonds with an original
principal amount of $9,400,000. As of September 2, 2012, the outstanding principal was
$9,057,000. The current debt schedule adjusted for early redemptions from special tax
prepayments is attached herein as Exhibit E.
Bond Redemptions from Special Tax Prepayments
As a result of special tax prepayments received from property owners, $87,000 of the Series
2005 Bonds have been redeemed as shown in Table 9 below.
TABLE 9
SPECIAL SERVICE AREA NO 2004-107
SPECIAL MANDATORY BOND REDEMPTIONS
FROM SPECIAL TAX PREPAYMENTS
REDEMPTION DATE BONDS REDEEmE,D
March 1, 2007 $29,000
September 1, 2007 $29,000
March 1, 2008 1 $29,000
Total Redeemed $87,000
Special Tax Prepayments
The SSA No. 2004-107 Maximum Parcel Special Tax may be prepaid and permanently satisfied,
or prepaid in part, provided that proceeds for any such prepayment are sufficient to permit the
redemption of Bonds in such amounts and maturities deemed necessary by the Administrator and
in accordance with the Bond Indenture. The prepayment calculation formula is set forth in the
Special Tax Roll and Report.
To-date, the Maximum Parcel Special Tax has been prepaid in full for three single family
dwelling units. No partial prepayments have been received.
United City of Yorkville SSA No. 2004-107 Page 12
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
VII. Equalized Assessed Value and Value to Lien Ratio
The SSA No. 2004-107 Equalized Assessed Value and Value-to-Lien Ratio is shown in Table 10
below.
TABLE 10
SPECIAL SERVICE AREA NO 2004-107
EQUALIZED ASSESSED VALUE AND VALUE TO LIEN RATIO
2011 EQUAHzED 2011 OUTSTANDING VALUE To LIEN
As S ES S ED VALUE' APPRAIs ED VALUEZ BONDS 3 RATIO
$1,561,187 1 $4,683,561 $9,057,000 0.52:1
1 Source: Kendall County Value includes farm land. Full residential value has not yet been assigned.
2 Based on three times the equalized assessed value of the special service area.
3 As of September 2,2012
United City of Yorkville SSA No. 2004-107 Page 13
2012 Administration Report December 14, 2012
�J FSDAVID TAUSSIG
& ASSOCIATES
VIII. Ad Valorem Property Tax Rates
The 2011 general ad valorem tax rates for SSA No. 2004-107 are shown in Table 11 below.
TABLE 11
SPECIAL SERVICE AREA NO 2004-107
2011 AD VALOREM PROPERTY TAX RATES4
City Rates 0.704490%
Corporate 0.35846%
I.M.R.F. 0.09182%
Police Protection 0.07142%
Police Pension 0.08996%
Garbage 0.00000%
Audit 0.00816%
Liability Insurance 0.00816%
Social Security/IMRF 0.06121%
School Crossing Guard 0.00510%
Unemployment Insurance 0.01020%
IMRF— Library 0.00000%
Social Security- Library 0.00000%
Kendall Township4 8.526510%
County 0.69985%
Kendall Township 0.08577%
Forest Preserve 0.12047%
Library 0.30419%
School District CU-115 5.91012%
Junior College #516 0.47020%
Bristol-Kendall Fire Protection District 0.71757%
Yorkville/Bristol Sanitary District 0.00000%
Kendall Road District 0.21834%
Total Tax Rate AL L 9.231000%
4 Source: Kendall County for Tax Codes KE003 and KE021.
United City of Yorkville SSA No. 2004-107 Page 14
2012 Administration Report December 14, 2012
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT A
UNITED CITY OF YORKVILLE SSA No. 2004--107
FUNDS AND ACCOUNTS
United City of Yorkville
Special Service Area No. 2004- 107
Funds and Accounts
SSA No.2004-107
Funds
And
Account
Improvement
Bond and Administrative
Reserve Fund Interest Rebate Fund Expense-1 r Fund I I Fund I Fund
Special Capitalized Cost of
Redemption Interest Issuance
Account Account Account
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT B
UNITED CITY OF YORKVILLE SSA No. 2004--107
APPLICATION OF SPECIAL TAX
United City of Yorkville
Special Service Area No. 2004-107
Application of Special Taxi
SSA No. 2004-107
Funds/Accounts
Reserve Fund Bond and Improvement Administrative
Interest Fund Rebate Fund Expense Fund
3 12 - Fund 2
Capitalized Special Cost of Issuance
Interest Redemption Account
Account Account
1. Special Tax applied in sequence shown.
2. In an amount sufficient to pay Debt Service on the Bonds.
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT C
UNITED CITY OF YORKVILLE SSA No. 2004--107
APPLICA TION OFEARNINGS
United City of Yorkville
Special Service Area No. 2004- 107
Application of Earnings'
SSA No.2004-107
Funds
And
Account
Bond and Administrative
Improvement
Reserve Fund z Interest Rebate Fund Expense
Fund Fund I Fund
Special Capitalized Cost of
Redemption Interest Issuance
Account Account Account
1. Earnings remain in fund or account from which they accrued unless otherwise indicated.
2. Reserve Fund earnings are transferred into the Improvement Fund prior to completion of the -■
Special Services and to the Bond and Interest Fund thereafter.
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT D
UNITED CITY OF YORKVILLE SSA N0. 2004-107
SOURCES AND USES
United City of Yorkville Special Service Area No. 2004-107
Raintree Village II - Series 2004
September 2011
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST INTEREST REDEMPTION CREDIT GENERAL RESERVE
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT ACCOUNT ACCOUNT FUND TOTAL
BEGINNING BALANCE $8,794 $1,108,680 $0 $360,224 $0 $1,333 $0 $1,108,680 $910,563 $2,389,594
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $324,583 $0 $0 $0 $0 $0 $324,583
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $1 $0 $0 $0 $0 $0 $0 $1 $1
MISCELLANEOUS $0 $0 $0 Lo $00 $0 $0 $-0 Lo Lo
TOTAL SOURCES $0 $1 $0 $324,583 $0 $0 $0 $0 $1 $324,584
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 ($285,656) $0 $0 $0 $0 $0 ($285,656)
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 Lo $0 $0 $0 $0 Lo Lo
TOTAL USES $0 $0 $0 ($285,656) $0 $0 $0 $0 $0 ($285,656)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $8,794 $1,108,680 $0 $399,150 $0 $1,333 $0 $0 $910,564 $2,428,522
PRINTED: 11/12/12 15:53
PAGE:71
United City of Yorkville Special Service Area No. 2004-107
Raintree Village II - Series 2004
October 2011
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST INTEREST REDEMPTION CREDIT GENERAL RESERVE
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT ACCOUNT ACCOUNT FUND TOTAL
BEGINNING BALANCE $8,794 $1,108,680 $0 $399,150 $0 $1,333 $0 $1,108,680 $910,564 $2,428,522
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $3,279 $0 $0 $0 $0 $0 $3,279
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $1 $0 $0 $0 $0 $0 $0 $1 $2
MISCELLANEOUS $0 $0 $0 Lo $00 $0 $0 $-0 Lo Lo
TOTAL SOURCES $0 $1 $0 $3,279 $0 $0 $0 $0 $1 $3,281
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,614) $0 $0 $0 $0 $0 $0 $0 $0 ($2,614)
MISCELLANEOUS $0 $0 $0 Lo $0 $0 $0 $0 Lo Lo
TOTAL USES ($2,614) $0 $0 $0 $0 $0 $0 $0 $0 ($2,614)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $6,180 $1,108,681 $0 $402,429 $0 $1,333 $0 $0 $910,564 $2,429,188
PRINTED: 11/12/12 15:53
PAGE:72
United City of Yorkville Special Service Area No. 2004-107
Raintree Village II - Series 2004
November 2011
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST INTEREST REDEMPTION CREDIT GENERAL RESERVE
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT ACCOUNT ACCOUNT FUND TOTAL
BEGINNING BALANCE $6,180 $1,108,681 $0 $402,429 $0 $1,333 $0 $1,108,681 $910,564 $2,429,188
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $17 $0 $0 $0 $0 $0 $17
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $2 $0 $1 $0 $0 $0 $0 $2 $5
MISCELLANEOUS $0 $0 $0 Lo $00 $0 $0 Lo Lo Lo
TOTAL SOURCES $0 $2 $0 $18 $0 $0 $0 $0 $2 $22
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($10,500) $0 $0 $0 $0 $0 $0 $0 $0 ($10,500)
MISCELLANEOUS $0 $0 $0 Lo $0 $0 $0 $0 Lo Lo
TOTAL USES ($10,500) $0 $0 $0 $0 $0 $0 $0 $0 ($10,500)
TRANSFERS $22,957 $0 $0 ($22,957) $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $18,637 $1,108,683 $0 $379,490 $0 $1,333 $0 $0 $910,566 $2,418,710
PRINTED: 11/12/12 15:53
PAGE:73
United City of Yorkville Special Service Area No. 2004-107
Raintree Village II - Series 2004
December 2011
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST INTEREST REDEMPTION CREDIT GENERAL RESERVE
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT ACCOUNT ACCOUNT FUND TOTAL
BEGINNING BALANCE $18,637 $1,108,683 $0 $379,490 $0 $1,333 $0 $1,108,683 $910,566 $2,418,710
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 Lo $00 $0 $0 Lo Lo Lo
TOTAL SOURCES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 Lo $00 $00 $00 $0 Lo Lo
TOTAL USES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $18,637 $1,108,683 $0 $379,490 $0 $1,333 $0 $0 $910,566 $2,418,710
PRINTED: 11/12/12 15:53
PAGE:74
United City of Yorkville Special Service Area No. 2004-107
Raintree Village II - Series 2004
January 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST INTEREST REDEMPTION CREDIT GENERAL RESERVE
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT ACCOUNT ACCOUNT FUND TOTAL
BEGINNING BALANCE $18,637 $1,108,683 $0 $379,490 $0 $1,333 $0 $1,108,683 $910,566 $2,418,710
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $9 $0 $3 $0 $0 $0 $0 $8 $20
MISCELLANEOUS $0 $0 $0 Lo $00 $0 $0 Lo Lo Lo
TOTAL SOURCES $0 $9 $0 $3 $0 $0 $0 $0 $8 $20
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,614) $0 $0 $0 $0 $0 $0 $0 $0 ($2,614)
MISCELLANEOUS $0 $0 $0 Lo $0 $0 $0 $0 Lo Lo
TOTAL USES ($2,614) $0 $0 $0 $0 $0 $0 $0 $0 ($2,614)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $16,023 $1,108,692 $0 $379,493 $0 $1,333 $0 $0 $910,574 $2,416,115
PRINTED: 11/12/12 15:53
PAGE:75
United City of Yorkville Special Service Area No. 2004-107
Raintree Village II - Series 2004
February 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST INTEREST REDEMPTION CREDIT GENERAL RESERVE
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT ACCOUNT ACCOUNT FUND TOTAL
BEGINNING BALANCE $16,023 $1,108,692 $0 $379,493 $0 $1,333 $0 $1,108,692 $910,574 $2,416,115
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $16 $0 $5 $0 $0 $0 $0 $13 $34
MISCELLANEOUS $0 $0 $0 Lo $00 $0 $0 Lo Lo Lo
TOTAL SOURCES $0 $16 $0 $5 $0 $0 $0 $0 $13 $34
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 Lo $00 $00 $00 $0 Lo Lo
TOTAL USES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $16,023 $1,108,708 $0 $379,499 $0 $1,333 $0 $0 $910,587 $2,416,150
PRINTED: 11/12/12 15:53
PAGE:76
United City of Yorkville Special Service Area No. 2004-107
Raintree Village II - Series 2004
March 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST INTEREST REDEMPTION CREDIT GENERAL RESERVE
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT ACCOUNT ACCOUNT FUND TOTAL
BEGINNING BALANCE $16,023 $1,108,708 $0 $379,499 $0 $1,333 $0 $1,108,708 $910,587 $2,416,150
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $1 $46 $0 $1 $0 $0 $0 $0 $37 $85
MISCELLANEOUS $0 $0 $0 Lo $00 $0 $0 Lo Lo Lo
TOTAL SOURCES $1 $46 $0 $1 $0 $0 $0 $0 $37 $85
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 ($369,656) $0 $0 $0 $0 $0 ($369,656)
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 Lo $0 $0 $0 $0 Lo Lo
TOTAL USES $0 $0 $0 ($369,656) $0 $0 $0 $0 $0 ($369,656)
TRANSFERS $0 $0 $0 $24 $0 $0 $0 $0 ($24) $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $16,024 $1,108,754 $0 $9,867 $0 $1,333 $0 $0 $910,600 $2,046,578
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PAGE:77
United City of Yorkville Special Service Area No. 2004-107
Raintree Village II - Series 2004
April 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST INTEREST REDEMPTION CREDIT GENERAL RESERVE
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT ACCOUNT ACCOUNT FUND TOTAL
BEGINNING BALANCE $16,024 $1,108,754 $0 $9,867 $0 $1,333 $0 $1,108,754 $910,600 $2,046,578
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $1 $39 $0 $0 $0 $0 $0 $0 $32 $73
MISCELLANEOUS $0 $0 $0 Lo $00 $0 $0 Lo Lo Lo
TOTAL SOURCES $1 $39 $0 $0 $0 $0 $0 $0 $32 $73
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,576) $0 $0 $0 $0 $0 $0 $0 $0 ($2,576)
MISCELLANEOUS $0 $0 $0 Lo $0 $0 $0 $0 Lo Lo
TOTAL USES ($2,576) $0 $0 $0 $0 $0 $0 $0 $0 ($2,576)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $13,449 $1,108,793 $0 $9,868 $0 $1,333 $0 $0 $910,633 $2,044,075
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PAGE:78
United City of Yorkville Special Service Area No. 2004-107
Raintree Village II - Series 2004
May 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST INTEREST REDEMPTION CREDIT GENERAL RESERVE
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT ACCOUNT ACCOUNT FUND TOTAL
BEGINNING BALANCE $13,449 $1,108,793 $0 $9,868 $0 $1,333 $0 $1,108,793 $910,633 $2,044,075
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $7,272 $0 $0 $0 $0 $0 $7,272
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $1 $56 $0 $1 $0 $0 $0 $0 $46 $103
MISCELLANEOUS $0 $0 $0 Lo $00 $0 $0 $-0 Lo Lo
TOTAL SOURCES $1 $56 $0 $7,272 $0 $0 $0 $0 $46 $7,375
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($3,500) $0 $0 $0 $0 $0 $0 $0 $0 ($3,500)
MISCELLANEOUS $0 $0 $0 Lo $0 $0 $0 $0 Lo Lo
TOTAL USES ($3,500) $0 $0 $0 $0 $0 $0 $0 $0 ($3,500)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $9,949 $1,108,849 $0 $17,140 $0 $1,333 $0 $0 $910,679 $2,047,950
PRINTED: 11/12/12 15:53
PAGE:79
United City of Yorkville Special Service Area No. 2004-107
Raintree Village II - Series 2004
June 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST INTEREST REDEMPTION CREDIT GENERAL RESERVE
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT ACCOUNT ACCOUNT FUND TOTAL
BEGINNING BALANCE $9,949 $1,108,849 $0 $17,140 $0 $1,333 $0 $1,108,849 $910,679 $2,047,950
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $16,009 $0 $0 $0 $0 $0 $16,009
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $1 $68 $0 $1 $0 $0 $0 $0 $56 $126
MISCELLANEOUS $0 $0 $0 Lo $00 $0 $0 $-0 Lo Lo
TOTAL SOURCES $1 $68 $0 $16,010 $0 $0 $0 $0 $56 $16,135
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,250) $0 $0 $0 $0 $0 $0 $0 $0 ($2,250)
MISCELLANEOUS $0 $0 $0 Lo $0 $0 $0 $0 Lo Lo
TOTAL USES ($2,250) $0 $0 $0 $0 $0 $0 $0 $0 ($2,250)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $7,700 $1,108,917 $0 $33,150 $0 $1,333 $0 $0 $910,735 $2,061,835
PRINTED: 11/12/12 15:53
PAGE:80
United City of Yorkville Special Service Area No. 2004-107
Raintree Village II - Series 2004
July 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST INTEREST REDEMPTION CREDIT GENERAL RESERVE
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT ACCOUNT ACCOUNT FUND TOTAL
BEGINNING BALANCE $7,700 $1,108,917 $0 $33,150 $0 $1,333 $0 $1,108,917 $910,735 $2,061,835
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $162 $0 $0 $0 $0 $0 $162
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $54 $0 $2 $0 $0 $0 $0 $45 $101
MISCELLANEOUS $0 $0 $0 Lo $00 $0 $0 LO Lo Lo
TOTAL SOURCES $0 $54 $0 $163 $0 $0 $0 $0 $45 $262
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES ($2,576) $0 $0 $0 $0 $0 $0 $0 $0 ($2,576)
MISCELLANEOUS $0 $0 $0 Lo $0 $0 $0 $0 Lo Lo
TOTAL USES ($2,576) $0 $0 $0 $0 $0 $0 $0 $0 ($2,576)
TRANSFERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $5,124 $1,108,971 $0 $33,313 $0 $1,333 $0 $0 $910,779 $2,059,522
PRINTED: 11/12/12 15:53
PAGE:81
United City of Yorkville Special Service Area No. 2004-107
Raintree Village II - Series 2004
August 2012
ADMINISTRATIVE COST OF BOND& CAPITALIZED SPECIAL
EXPENSE IMPROVEMENT ISSUANCE INTEREST INTEREST REDEMPTION CREDIT GENERAL RESERVE
FUND FUND ACCOUNT FUND ACCOUNT ACCOUNT ACCOUNT ACCOUNT FUND TOTAL
BEGINNING BALANCE $5,124 $1,108,971 $0 $33,313 $0 $1,333 $0 $1,108,971 $910,779 $2,059,522
SOURCES OF FUNDS
SPECIAL TAX RECEIPTS $0 $0 $0 $2,862 $0 $0 $0 $0 $0 $2,862
INVESTMENT AGREEMENT EARNINGS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER INVESTMENT EARNINGS $0 $51 $0 $2 $0 $0 $0 $0 $42 $94
MISCELLANEOUS $0 $0 $0 Lo $00 $0 $0 $-0 Lo Lo
TOTAL SOURCES $0 $51 $0 $2,864 $0 $0 $0 $0 $42 $2,957
USES OF FUNDS
INTEREST PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PRINCIPAL PAYMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PUBLIC IMPROVEMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
PROFESSIONAL SERVICES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
MISCELLANEOUS $0 $0 $0 Lo $0 $0 $0 $0 Lo Lo
TOTAL USES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
TRANSFERS $0 $0 $0 $257 $0 $0 $0 $0 ($257) $0
ACCRUED INTEREST PAID $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
ENDING BALANCE $5,125 $1,109,022 $0 $36,434 $0 $1,333 $0 $0 $910,564 $2,062,478
PRINTED: 11/12/12 15:53
PAGE:82
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT E
UNITED CITY OF YORKVILLE SSA No. 2004--107
DEBT SERVICE SCHEDULE
�DAVID TAUSSIG
& ASSOCIATES
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NO. 2004-107
DEBT SERVICE SCHEDULE
YEAR ENDING
(3/1) PAYMENT DATE PRINCIPAL INTEREST DEBT SERVICE
2012 9/1/2011 $0 $285,656 $285,656
2012 3/1/2012 $84,000 $285,656 $369,656
2013 9/1/2012 $0 $283,031 $283,031
2013 3/1/2013 $99,000 $283,031 $382,031
2014 9/1/2013 $0 $279,938 $279,938
2014 3/1/2014 $115,000 $279,938 $394,938
2015 9/1/2014 $0 $276,344 $276,344
2015 3/1/2015 $132,000 $276,344 $408,344
2016 9/1/2015 $0 $272,219 $272,219
2016 3/1/2016 $147,000 $272,219 $419,219
2017 9/1/2016 $0 $267,625 $267,625
2017 3/1/2017 $167,000 $267,625 $434,625
2018 9/1/2017 $0 $262,406 $262,406
2018 3/1/2018 $188,000 $262,406 $450,406
2019 9/1/2018 $0 $256,531 $256,531
2019 3/1/2019 $210,000 $256,531 $466,531
2020 9/1/2019 $0 $249,969 $249,969
2020 3/1/2020 $234,000 $249,969 $483,969
2021 9/1/2020 $0 $242,656 $242,656
2021 3/1/2021 $259,000 $242,656 $501,656
2022 9/1/2021 $0 $234,563 $234,563
2022 3/1/2022 $287,000 $234,563 $521,563
2023 9/1/2022 $0 $225,594 $225,594
2023 3/1/2023 $316,000 $225,594 $541,594
2024 9/1/2023 $0 $215,719 $215,719
2024 3/1/2024 $347,000 $215,719 $562,719
2025 9/1/2024 $0 $204,875 $204,875
2025 3/1/2025 $380,000 $204,875 $584,875
2026 9/1/2025 $0 $193,000 $193,000
2026 3/1/2026 $416,000 $193,000 $609,000
2027 9/1/2026 $0 $180,000 $180,000
2027 3/1/2027 $454,000 $180,000 $634,000
2028 9/1/2027 $0 $165,813 $165,813
2028 3/1/2028 $491,000 $165,813 $656,813
2029 9/1/2028 $0 $150,469 $150,469
2029 3/1/2029 $534,000 $150,469 $684,469
2030 9/1/2029 $0 $133,781 $133,781
2030 3/1/2030 $580,000 $133,781 $713,781
2031 9/1/2030 $0 $115,656 $115,656
2031 3/1/2031 $629,000 $115,656 $744,656
2032 9/1/2031 $0 $96,000 $96,000
2032 3/1/2032 $681,000 $96,000 $777,000
2033 9/1/2032 $0 $74,719 $74,719
2033 3/1/2033 $737,000 $74,719 $811,719
2034 9/1/2033 $0 $51,688 $51,688
2034 3/1/2034 $797,000 $51,688 $848,688
2035 9/1/2034 $0 $26,781 $26,781
2035 3/1/2035 1 $857,000 $26,781 $883,781
$9,141,000 $9,490,063 $18,631,063
Outstanding Principal as of 03/02/2013 $8,958,000
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT F
UNITED CITY OF YORKVILLE SSA N0. 2004-107
AERIAL EXHIBIT OF SSA BOUNDARIES
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�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT G
UNITED CITY OF YORKVILLE SSA N0. 2004-107
SPECIAL TAX ROLL AND REPORT
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NO. 2004-107
SPECIAL TAX ROLL AND REPORT
Prepared for Prepared by
UNITED CITY OF YORKVILLE DAVID TAUSSIG&ASSOCIATES,INC.
800 Game Farm Road 1301 Dove Street, Suite 600
Yorkville, IL 60560 Newport Beach, CA 92660
(630) 553-7575 (949) 955-1500
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NO. 2004-107
(RAINTREE VILLAGE 11)
SPECIAL TAX ROLL AND REPORT
TABLE OF CONTENTS
Section Page
1. INTRODUCTION...............................................................................................................................1
11. DEFINITIONS...................................................................................................................................1
III. SPECIAL SERVICE AREA DESCRIPTION.........................................................................................4
A. BOUNDARIES OF SSA No.2004-107 ............................................................................4
B. ANTICIPATED LAND USES.............................................................................................4
IV. SPECIAL SERVICES.........................................................................................................................4
A. GENERAL DESCRIPTION................................................................................................4
B. ESTIMATED COSTS........................................................................................................5
C. ALLOCATION.................................................................................................................6
D. ALTERNATIVES,MODIFICATIONS,AND/OR SUBSTITUTIONS........................................18
V. BOND ASSUMPTIONS.....................................................................................................................18
VI. MAXIMUM PARCEL SPECIAL TAX...............................................................................................19
A. DETERMINATION.........................................................................................................19
B. APPLICATION..............................................................................................................20
C. ESCALATION...............................................................................................................21
D. TERM..........................................................................................................................21
E. SPECIAL TAX ROLL AMENDMENT...............................................................................21
F. OPTIONAL PREPAYMENT.............................................................................................21
G. MANDATORY PREPAYMENT........................................................................................22
VII. ABATEMENT AND COLLECTION...................................................................................................22
A. ABATEMENT ...............................................................................................................22
B. COLLECTION PROCESS................................................................................................22
C. ADMINISTRATIVE REVIEW..........................................................................................23
VIII. AMENDMENTS...............................................................................................................................23
List of Exhibits
Exhibit A—Special Tax Roll
Exhibit B—Prepayment of the Maximum Parcel Special Tax
I. INTRODUCTION
Pursuant to the provisions of the Act and in accordance with the "Establishing
Ordinance" being Ordinance No. passed by the City Council of the
United City of Yorkville, County of Kendall, State of Illinois, on November 22, 2005 in
connection with the proceedings for Special Service Area Number 2004-107 (hereinafter
referred to as "SSA No. 2004-107"), this Special Tax Roll and Report of SSA No. 2004-
107 (the "Report") is herewith submitted and made part of the Establishing Ordinance.
II. DEFINITIONS
The terms used herein shall have the following meanings:
"Act" means the Special Service Area Tax Act, being 35 ILCS 200/27-5 et seq., as
amended.
"Administrative Expenses" means the following actual or reasonably estimated costs
permitted in accordance with the Act and directly related to the administration of SSA
No. 2004-107 and the Bonds as determined by the City or the Consultant on its behalf:
the costs of computing the Special Taxes and of preparing the annual Special Taxes
collection schedules; the costs of collecting the Special Taxes (whether by the City, the
County, or otherwise); the costs of remitting the Special Taxes to the trustee; the costs of
the trustee and any fiscal agent (including its legal counsel) in the discharge of the duties
required of it under the Bond Indenture or any trustee or fiscal agent agreement; the costs
of the City or designee in computing the amount of rebatable arbitrage, if any; the costs
of the City or its designee in complying with disclosure requirements of applicable
federal and state securities laws and of the Act, including, but not limited to, public
inquiries regarding the Special Taxes; the costs associated with the release of funds from
any escrow account; the costs of obtaining or maintaining ratings of the Bonds; any
termination payments owed by the City in connection with any guaranteed investment
contract, forward purchase agreement or other investment of funds held under the Bond
Indenture; and amounts advanced by the City for any other administrative purposes of
SSA No. 2004-107, including the costs of prepayment of Special Taxes, recordings
related to the prepayment, discharge or satisfaction of Special Taxes; the costs of
commencing foreclosure and pursuing collection of delinquent Special Taxes and the
reasonable fees of legal counsel of the City incurred in connection with the foregoing.
"Attached Property" means all Parcels within the boundaries of SSA No. 2004-107
classified as Duplex Property or Townhome Property.
"Bond Indenture" means the trust indenture and any supplemental indentures between
the City and the trustee named therein authorizing the issuance of the Bonds.
"Bonds" means any bonds or other debt, including refunding bonds, whether in one or
more series, issued by the City and secured by the Maximum Parcel Special Tax for SSA
No. 2004-107, the proceeds of which will be used to finance inter alia, all or a portion of
the public improvements authorized pursuant to the Establishing Ordinance.
Special Tax Roll and Report Page 1
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
"Calendar Year" means the twelve-month period starting January 1 and ending
December 31.
"City" means the United City of Yorkville, County of Kendall, State of Illinois.
"Consultant" means the designee of the City responsible for determining the Special
Taxes and assisting the City and the County in providing for the collection of the Special
Taxes, continuing disclosure, and any other administrative efforts related to SSA No.
2004-107.
"Council" means the Mayor and City Council of the United City of Yorkville, having
jurisdiction over SSA No. 2004-107.
"County" means the County of Kendall, Illinois.
"Duplex Property" means all Parcels within the boundaries of SSA No. 2004-107 on
which duplex Dwelling Units have been, may be, or are anticipated to be constructed as
determined from the applicable Preliminary Plat, Exhibit B to Ordinance No. 2005-81 of
the City, Final Plat for Unit 4 (lots for which the exception to blanket easement
designation does not apply), or other document approved by the City as determined by
the Consultant.
"Dwelling Unit" or "DU" means a residential dwelling unit.
"Final Plat" means a final plat of subdivision approved by the City and recorded with
the County which creates individual single-family home, duplex, and/or townhome lots.
"Mandatory Special Tax Prepayment" means the Special Tax Bond Prepayment
required pursuant to Section VI.G herein and calculated pursuant to Exhibit B herein.
"Maximum Parcel Special Tax" means the maximum special tax, determined in
accordance with Section VI that can be collected by the City in any Calendar Year on any
Parcel.
"Maximum Parcel Special Taxes" means the amount determined by multiplying the
actual or anticipated number of Single-family Property Dwelling Units, Duplex Property
Dwelling Units and Townhome Property Dwelling Units, in accordance with Section
VI.B, by the applicable Maximum Parcel Special Tax.
"Parcel" means a lot, parcel, and/or other interest in real property within the boundaries
of SSA No. 2004-107 to which a permanent index number ("PIN') is assigned as
determined from a PIN Map or the assessment roll.
"Partial Special Tax Bond Prepayment" means that amount required to partially
prepay the Maximum Parcel Special Tax computed pursuant to Exhibit B herein.
Special Tax Roll and Report Page 2
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
"PIN Map" means an official map of the County Assessments Division or other
authorized County official designating lots, parcels, and/or other interests in real property
by permanent index number.
"Preliminary Plat" means a preliminary plat of subdivision approved by the City.
"Residential Property" means all Parcels within the boundaries of SSA No. 2004-107
on which Dwelling Units have been, may be, or are anticipated to be constructed as
determined from any Preliminary Plat, Final Plat, or other document approved by the
City as determined by the Consultant.
"Single-family Property" means all Parcels within the boundaries of SSA No. 2004-107
on which single-family Dwelling Units have been, may be, or are anticipated to be
constructed as determined from the applicable Preliminary Plat, Exhibit B to Ordinance
No. 2005-81 of the City, the Final Plats for Units 5 and 6, or other document approved by
the City as determined by the Consultant.
"Special Tax" means the special tax to be extended in each Calendar Year on each
Parcel.
"Special Tax Bond Prepayment" means that amount required to prepay the Maximum
Parcel Special Tax computed pursuant to Exhibit B herein in order to fully release the
lien of the Maximum Parcel Special Tax.
"Special Tax Requirement" means that amount determined by the City or its designee
as required in any Calendar Year to pay: (1) the Administrative Expenses, (2) debt
service on any Bonds, (3) reasonably anticipated delinquent Special Taxes, (4) any
amount required to replenish any reserve fund established in connection with such Bonds,
(5) the costs of credit enhancement and fees for instruments that serve as the basis of a
reserve fund in lieu of cash related to any such Bonds, and less (6) available funds as
directed under the Bond Indenture.
"Special Tax Roll" means the Special Tax Roll included herein as Exhibit A, as may be
amended pursuant to Section VI.E.
"SSA No. 2003-100 Duplex Property" means all Parcels within the boundaries of SSA
No. 2003-100 of the City on which duplex Dwelling Units have been, may be, or are
anticipated to be constructed as determined pursuant to the Special Tax Roll and Report
of SSA No. 2003-100.
"Townhome Property" means all Parcels within the boundaries of SSA No. 2004-107
on which townhome Dwelling Units have been, may be, or are anticipated to be
constructed as determined from the applicable Preliminary Plat, Exhibit B to Ordinance
No. 2005-81 of the City, Final Plat for Unit 4 (lots for which the exception to blanket
easement designation does apply), or other document approved by the City as determined
by the Consultant.
"Unit 4" means that plat of subdivision within Raintree Village designated as Unit 4.
Special Tax Roll and Report Page 3
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
"Unit 5" means that plat of subdivision within Raintree Village designated as Unit 5.
"Unit 6" means that plat of subdivision within Raintree Village designated as Unit 6.
III. SPECIAL SERVICE AREA DESCRIPTION
A. BOUNDARIES OF SSA NO.2004-107
SSA No. 2004-107 consists of approximately one hundred fifty-six (156) acres
within Units 4, 5, and 6 which comprises the southern portion of the Raintree
Village subdivision. SSA No. 2004-107 is generally located south of State Route
71 between State Route 47 to the west and State Route 126 to the east. A legal
description is attached as Exhibit C of the Establishing Ordinance.
B. ANTICIPATED LAND USES
SSA No. 2004-107 is anticipated to consist of two hundred and two (202) single-
family Dwelling Units (i.e., single-family homes), thirty-eight (38) duplex
Dwelling Units, and one hundred twenty-eight(128) townhome Dwelling Units.
IV. SPECIAL SERVICES
SSA No. 2004-107 has been established to finance certain special services conferring
special benefit thereto and which are in addition to the municipal services provided to the
City as a whole. A general description, estimated cost, and allocation of these special
services are set forth below.
A. GENERAL DESCRIPTION
1. ELIGIBLE IMPROVEMENTS
The special services that are eligible to be financed by SSA No. 2004-107
consist of certain public improvements with appurtenances and
appurtenant work in connection therewith necessary to serve SSA No.
2004-107 (hereinafter referred to as the "Eligible Improvements"). The
Eligible Improvements are generally described as follows: the acquisition,
construction and installation of public improvements including, but not
limited to:
• City owned sanitary sewer facilities, water facilities, road facilities,
storm sewer facilities, public parks and park improvements,
including, but not limited to, engineering, soil testing and
appurtenant work, mass grading and demolition, storm water
management facilities, storm drainage systems and storm sewers,
site clearing and tree removal, public water facilities, sanitary
sewer facilities, erosion control measures, roads, streets, curbs,
gutters, street lighting, traffic controls, sidewalks, equestrian paths
Special Tax Roll and Report Page 4
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
and related street improvements, and equipment and materials
necessary for the maintenance thereof, landscaping, wetland
mitigation, public park improvements and tree installation, costs
for land and easement acquisitions relating to any of the foregoing
improvements, required tap-on fees and related fees for water or
sanitary sewer services and other eligible costs.
2. SSA FUNDED IMPROVEMENTS
SSA No. 2004-107 is anticipated to fund the following improvements
(subject to alternatives, modifications, and/or substitutions as described in
Section IV.D below). Certain facilities are local in scope in that they bring
the special services directly to the individual single-family homes,
duplexes and townhomes and generally consist of sanitary sewer and
water lines, streets, storm sewer and detention areas, and parks and open
space. Certain other facilities are community wide in scope in that they
provide sewer capacity to an area that extends beyond the boundaries of
SSA No. 2004-107. The community wide facilities include a lift station
that will benefit the townhomes and duplexes within SSA No. 2004-107 as
well as the SSA No. 2003-100 Duplex Property. Only the share of the lift
station benefiting property within the boundaries of SSA No. 2004-107
will be funded by SSA No. 2004-107.
B. ESTIMATED COSTS
The estimated costs for the Eligible Improvements and the amounts anticipated to
be financed by SSA No. 2004-107 for each anticipated land use are presented in
Table 1 on the following page. The costs shown in Table 1 do not include any off
site improvements or improvements for the school site located within the Final
Plat for Unit 4. Therefore, the school site will be exempt from the Special Tax.
Special Tax Roll and Report Page 5
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
TABLE 1
ESTIMATED COSTS FOR ELIGIBLE IMPROVEMENTS
ELIGIBLE IMPROVEMENTS SSA FUNDED IMPROVEMENTS
COMMUNITY COMMUNITY
PUBLIC IMPROVEMENT TOTAL =LOCAL WIDE TOTAL LOCAL WIDE
Sanitary Sewer
Improvements $1,485,158 $1,279,634 $205,524 $1,284,428 $1,078,904 $205,524
Water
Improvements $1,211,959 $1,211,959 $0 $1,022,869 $1,022,869 $0
Roads
Improvements $2,127,889 $2,127,889 $0 $1,799,413 $1,799,413 $0
Earthwork $381,203 $381,203 $0 $322,365 $322,365
Storm Water Management
Improvements $1,570,188 $1,570,188 $0 $1,325,035 $1,325,035 $0
Earthwork $244,710 $244,710 $0 $205,769 $205,769 $0
Parks and Landscaping
Improvements $790,246 $790,246 $0 $664,353 $664,353 $0
Earthwork $33,227 $33,227 $0 $27,769 $27,769 $0
IGRAND TOTAL $7,844,580 $7,639,056 $205,524 $6,652,000 $6,446,477 $205,524
*Any differences in amounts shown are due to rounding.
C. ALLOCATION
Special taxes levied pursuant to the Act must bear a rational relationship between
the amount of the special tax levied against each Parcel within SSA No. 2004-107
and the special service benefit rendered. Therefore, the public improvements
anticipated to be financed by SSA No. 2004-107 as shown in Table 1 have been
allocated in accordance with the benefit rendered to the property therein, with
benefit estimated to be a function of (i) the service or benefit area for said
improvements and (ii) the relative capacity for said improvements reserved for or
used by properties within the benefit area. A discussion of the relevant benefit
area(s) and measures of public facilities usage is detailed below.
1. BENEFIT AREA
Generally, the Eligible Improvements can be classified as either "local
improvements" or "community wide improvements." The benefit areas for
these improvements are discussed in more detail below.
Special Tax Roll and Report Page 6
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
a. LOCAL IMPROVEMENTS
The local improvements are those Eligible Improvements which
are constructed to serve specific subdivisions, or units, within SSA
No. 2004-107. Their scope is local in nature, and therefore the
benefit area includes only that property within each respective
group of subdivisions or units served by the improvements. These
improvements will bring the special services directly to the
individual residential lots, and therefore, benefit is rendered to
each Dwelling Unit.
b. COMMUNITY WIDE IMPROVEMENTS
The community wide improvements are those Eligible
Improvements which serve a portion of SSA No. 2004-107 and a
portion of SSA No. 2003-100 rather than a specific subdivision or
unit. These improvements consist of a lift station serving the
Attached Property and the SSA No. 2003-100 Duplex Property.
2. PUBLIC FACILITY USAGE
Once the benefit area has been established, the special services may be
allocated among the various properties within such area in accordance
with use. As is discussed in the following sections, commonly accepted
measures for public facility usage indicate that the benefit conferred by the
Eligible Improvements applies uniformly by land use type.
a. SANITARY SEWER AND WATER USAGE
The primary determinant of sanitary sewer and water usage is the
applicable population equivalent, or P.E. Household population is
the criteria commonly used to project sewer and water service
demand. Wastewater Engineering, Third Edition indicates that
residential wastewater flow rates are typically determined on the
basis of population density and the average per capita contribution
of wastewater. The Illinois Environmental Protection Agency's
criteria for water storage and distribution systems assume an
everyday use equal to 50 gallons per day per person. In addition,
an emergency capacity is set at 50 gallons per day per person. This
equates to 350 gallons per day for each single-family home given
the applicable IEPA P.E. factor of 3.5 for single-family homes.
The IEPA does not publish P.E. factors for duplex Dwelling Units
or townhome Dwelling Units. However, IEPA indicates that the
published P.E. factors for apartments may be used to estimate P.E.
for duplexes and townhomes. P.E. factors for apartments range
from 1.5 to 3.0 depending upon bedroom count. As each duplex
Dwelling Unit and townhome Dwelling Units is anticipated to
Special Tax Roll and Report Page 7
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
have two or three bedrooms, the P.E. factor of 3.0 for two to three-
bedroom apartments is used.
b. ROAD USAGE
Road usage is typically computed on the basis of anticipated trip
generation. The Institute of Traffic Engineers publication Trip
Generation Sixth Edition, indicates average weekday trips per
single-family detached home and townhome of 9.57 and 5.86,
respectively. As with P.E. factors, trip factors for duplex dwelling
units are not published in Trip Generation, Sixth Edition.
However, Trip Generation, Sixth Edition states that the number of
vehicles and residents has a high correlation with the average
weekday trips for residential land uses.
As vehicle counts are obviously unknown at present, household
size is used to estimate the average weekday trips for duplex
Dwelling Units. Multiplying the population ratio between a duplex
Dwelling Unit and a single-family home (i.e., 3.0 divided by 3.5)
by the average weekday trips for single-family homes yields an
estimated average weekday trips of 8.20 for a duplex Dwelling
Unit.
C. STORM SEWER USAGE
Storm sewer facilities are sized based upon estimated storm flows
which vary with the size of the tributary drainage area, slope, soil
type, antecedent runoff condition, and impervious ground cover. In
its "Urban Hydrology for Small Watersheds: TR-55" (the "TR-55
Manual"), the United States Department of Agriculture indicates
average "runoff curve numbers" for purposes of measuring storm
flows or runoff. The runoff curve equation estimates storm runoff
given a particular volume of rainfall. The runoff curve numbers for
fully developed urban areas indicated in the TR-55 Manual vary
by land use type, impervious area, and hydrologic soil group.
Assuming generally uniform antecedent runoff and hydrologic soil
conditions, storm flows will tend to vary with land use and the
associated impervious area.
Impervious ground coverage factors for residential development
vary by development density or the number of dwelling units per
gross acre, with gross acreage being exclusive of open space. The
TR-55 Manual estimates impervious ground area at approximately
25.00% for development densities of 2 units to an acre, 30.00% for
development densities of 3 units to an acre, 38.00% for
development densities of 4 units to an acre, and 65.00% for
development densities of 8 or greater units to an acre. Generally,
the greater the density the more impervious area per acre. The
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United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
gross densities for the single-family homes, duplexes, and
townhomes are approximately two to an acre, five and six-tenths to
an acre, and six and one half to an acre, respectively. Interpolating
for the duplexes and townhomes, the impervious area is estimated
at 25.00%, 49.00%, and 55.00% for the single-family homes,
duplexes and townhomes, respectively.
d. PARKS AND OPEN SPACE
Park and landscaping benefit is estimated to be a function of
household size, given that the park and landscaped open space
areas are local in nature and will be utilized by the residents within
SSA No. 2004-107. Household sizes are estimated at 3.5, 3.0, and
3.0 respectively for single-family homes, duplexes, and
townhomes, consistent with the P.E. factors discussed above.
Tables 2 — 5 below show these public improvement usage factors and their equivalency
(i.e., the relationship of these factors among the different land uses within SSA No. 2004-
107).
TABLE 2
SEWER AND WATER USAGE FACTORS
(A) (B) (C)
Equivalent
Unit
Land Use P.E. Factor
(1) Single-family Property(DU) 3.5 1.001
(2) Duplex Property (DU) 3.0 0.862
(3) 1 Townhome Property (DU) 1 3.0 1 0.863
B1/B1,2B2/Bl,3B3/B1.
Special Tax Roll and Report Page 9
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
TABLE 3
ROAD USAGE FACTORS
(A) (B) (C) (D) (E)
Floor Equivalent
Trip Pass-by Area Unit
Land Use Factor Factor Ratio Factor
(1) Single-family Property (DU) 9.57 NA NA 1.001
(2) Duplex Property (DU) 8.20 NA NA 0.862
(3) 1 Townhome Property(DU) 5.86 NA NA 0.613
'B1/Bl, B2/B1,3B3/Bl.
TABLE 4
STORM SEWER USAGE FACTORS
(A) (B) (C) (D) (E)
Impervious Equivalent
Coverage Area Unit
Land Use Density Factor Per Lot' Factor
(1) Single-family Property (DU) 2.00 25% 5,445 1.002
(2) Duplex Property(DU) 5.60 49% 3,812 0.703
(3) 1 Townhome Property (DU) 6.50 55% 3,686 0.684
1
(43,560 x C)/B
2D1/D1,3D2/Dl,4D3/Dl.
TABLE 5
PARK AND LANDSCAPING USAGE FACTORS
(A) (B) (C)
Equivalent
Household Unit
Land Use Size Factor
(1) Single-family Property (DU) 3.5 1.001
(2) Duplex Property (DU) 3.0 0.862
(3) 1 Townhome Property (DU) 3.0 0.863
1B1/B1,2B2/Bl,3B3/Bl.
Special Tax Roll and Report Page 10
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
3. ALLOCATED COSTS
a. LOCAL IMPROVEMENTS
The local improvement costs, shown in Table 6 on the following
page, are based on the developer's estimate of improvement costs
for the Single-family Property (Units 5 and 6) and the Attached
Property (Unit 4)1. Since the equivalent unit factors discussed
above are uniform for single-family homes, the local improvement
costs allocable to each single-family home is calculated by
dividing the estimated total local improvement costs for Single-
family Property by the total number of single family homes, as
shown in Table 6 on the following page.
The Unit 4 costs shown in Table 6 include only the Eligible Improvements allocable to the Duplex Property Dwelling Units and the Townhome
Property Dwelling Units and exclude all Eligible Improvements related to the school site.
Special Tax Roll and Report Page 11
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
TABLE 6
ELIGIBLE LOCAL IMPROVEMENTS
SINGLE-FAMILY PROPERTY AND ATTACHED PROPERTY
SINGLE-
PUBLIC IMPROVEMENT FAMILY ATTACHED
PROPERTY PROPERTY
Sanitary Sewer
Improvements $794,978 $484,656
Water
Improvements $838,769 $373,190
Roads
Improvements $1,534,606 $593,283
Earthwork $275,986 $105,217
Storm Water Management
Improvements $1,056,585 $513,603
Earthwork $101,004 $143,706
Parks and Landscaping
Improvements $328,951 $461,295
Earthwork $0 $33,227
GRAND TOTAL $4,930,879 $2,708,177
Number of DUs 202 NA
Total Cost/DU $24,410.29 NA
As the developer has prepared a combined cost estimate for the
Attached Property, the local improvement costs for Duplex
Property and Townhome Property are allocated in accordance with
the applicable equivalent unit factor. As shown in Tables 7 — 11,
the allocated cost per equivalent unit is computed by dividing the
estimated local improvement costs in Table 6, by the total
applicable equivalent units for Duplex Property and Townhome
Property. The total allocated costs for each Attached Property land
use type is computed by multiplying the allocated cost per
equivalent unit by the applicable equivalent units.
Special Tax Roll and Report Page 12
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
TABLE 7
ATTACHED PROPERTY
LOCAL SANITARY SEWER COST ALLOCATION
(A) (B) (C) (D) (E)
Equivalent
Unit Equivalent Allocated
Land Use Units Factor Units Cost
(1) Duplex Property(DU) 38 0.86 32.681 $110,9453
(2) Townhome Property(DU) 128 0.86 110.082 $373,7114
(3) Grand Total 166 NA 142.76 $484,656
1 B1*C1, 2 B2*C2,3$484,656/D3*D1,4$484,656/D3*D2
TABLE 8
ATTACHED PROPERTY
LOCAL WATER COST ALLOCATION
(A) (B) (C) (D) (E)
Equivalent
Unit Equivalent Allocated
Land Use Units Factor Units Cost
(1) Duplex Property (DU) 38 0.86 32.681 $85,4293
(2) Townhome Property (DU) 128 0.86 110.082 $287,7614
(3) Grand Total 166 NA 142.76 $373,190
1 Bl*C1,2 B2*C2,3$373,190/D3*D1,4$373,190/1)3*D2
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United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
TABLE 9
ATTACHED PROPERTY
LOCAL ROAD COST ALLOCATION
(A) (B) (C) (D) (E)
Equivalent
Unit Equivalent Allocated
Land Use Units Factor Units Cost
(1) Duplex Property(DU) 38 0.86 32.681 $206,0953
(2) Townhome Property(DU) 128 0.61 78.082 $492,4054
(3) Grand Total 166 NA 110.76 $698,500
1 B1*C1, 2 B2*C2,3$698,500/D3*D1,4$698,500/D3*D2
TABLE 10
ATTACHED PROPERTY
LOCAL STORM SEWER COST ALLOCATION
(A) (B) (C) (D) (E)
Equivalent
Unit Equivalent Cost
Land Use Units Factor Units Per Unit
(1) Duplex Property(DU) 38 0.70 26.601 $153,8583
(2) Townhome Property(DU) 128 0.68 87.042 $503,4514
(3) 1 Grand Total 166 NA 113.64 $657,309
=B1 2 B2*C2,3$657,309/D3*D1,4$657,309/D3*D2
TABLE 11
ATTACHED PROPERTY
LOCAL PARKS AND LANDSCAPING COST ALLOCATION
(A) (B) (C) (D) (E)
Equivalent
Unit Equivalent Cost
Land Use Units Factor Units Per Unit
(1) Duplex Property(DU) 38 0.86 32.681 $113,2043
(2) Townhome Property(DU) 128 0.86 110.082 $381,3184
(3) 1 Grand Total 166 NA 142.76 $494,522
=B1 2 B2*C2,3$494,522/D3*D1,4$494,522/D3*D2
Special Tax Roll and Report Page 14
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
b. COMMUNITY WIDE IMPROVEMENTS
As shown in Table 12 on the following page, the total cost of the
lift station is allocated between Duplex Property, Townhome
Property, and SSA No. 2003-100 Duplex Property. The allocated
cost per equivalent unit is computed by dividing the estimated total
cost of the lift station by the total number of applicable equivalent
units. The total allocated costs for each land use type is computed
by multiplying the allocated cost per equivalent unit by the
applicable equivalent units
TABLE 12
COMMUNITY WIDE LIFT STATION COST ALLOCATION
(A) (B) (C) (D) (E)
Equivalent
Unit Equivalent Allocated
Land Use Units Factor Units Cost
(1) Duplex Property (DU) 38 0.86 32.681 $47,0484
(2) Townhome Property(DU) 128 0.86 110.082 $158,4765
L(3) SSA No. 2003-100 86 0.86 73.963 $106,4766
Duplex Property DU
(4) Grand Total 252 NA 1 216.72 $312,000
=Bl-Cl, 2 132*C2,3 B3*C3,4$312,000/D4*Dl, 5$312,000/D4*D2,6$312,000/D4*D3
Aggregating the local improvements and the community
improvements yields the total estimated Eligible Improvements as
shown in Table 13 on the following page. The portion of these
improvements to be financed with bond proceeds is shown in
Tables 14. All Eligible Improvements that are not financed through
SSA No. 2004-107 will be funded by the developer and are
categorized as "Developer's Equity."
Special Tax Roll and Report Page 15
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
TABLE 13
COMBINED LOCAL IMPROVEMENTS AND COMMUNITY WIDE IMPROVEMENTS
SINGLE-FAMILY PROPERTY DUPLEX PROPERTY TOWNHOME PROPERTY
COMMUNITY COMMUNITY COMMUNITY
PUBLIC IMPROVEMENT TOTAL LOCAL WIDE TOTAL LOCAL WIDE TOTAL LOCAL WIDE
Sanitary Sewer $794,978 $794,978 NA $157,993 $110,945 $47,048 $532,187 $373,711 $158,476
Water $838,769 $838,769 $0 $85,429 $85,429 $0 $287,761 $287,761 $0
Roads $1,810,592 $1,810,592 $0 $206,094 $206,094 $0 $492,405 $492,405 $0
Storm Water Management $1,157,589 $1,157,589 $0 $153,858 $153,858 $0 $503,451 $503,451 $0
Parks and Landscaping $328,951 $328,951 $0 $113,204 $113,204 $0 $381,318 $381,318 $0
GRAND TOTAL $4,930,879 $4,930,879 $0 $716,578 $669,530 $47,048 $2,197,122 $2,038,646 $158,476
NUMBER OF DUS 202 202 202 38 38 38 128 128 128
TOTAL COST/DU $24,410.29 $24,410.29 $0.00 $18,857.32 $17,619.21 $1,238.11 $17,165.01 $15,926.92 $1,238.09
=A.yfferences in the amounts shown are due to rounding
Special Tax Roll and Report Page 16
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
TABLE 14
FUNDING OF ELIGIBLE PUBLIC IMPROVEMENTS
SSA No.2004-107
SINGLE-FAMILY PROPERTY DUPLEX PROPERTY TowNHOME PROPERTY
PUBLIC GRAND COMMUNITY COMMUNITY COMMUNITY DEVELOPERS
IMPROVEMENT TOTAL TOTAL LOCAL WIDE TOTAL LOCAL WIDE TOTAL LOCAL WIDE EQUITY
Sanitary Sewer $1,591,634 $673,864 $673,864 $0 $145,829 $98,781 $47,048 $464,736 $306,260 $158,476 $307,205
Water $1,211,959 $710,983 $710,983 $0 $76,062 $76,062 $0 $235,823 $235,823 $0 $189,091
Roads $2,509,092 $1,534,750 $1,534,750 $0 $183,497 $183,497 $0 $403,531 $403,531 $0 $387,314
Storm Water $1,814,898 $981,231 $981,231 $0 $136,988 $136,988 $0 $412,583 $412,583 $0 $284,096
Management
Parks and $823,473 $278,836 $278,836 $0 $100,792 $100,792 $0 $312,495 $312,495 $0 $131,350
Landscaping
GRAND TOTAL $7,951,056 $4,179,664 $4,179,664 $0 $643,168 $596,120 $47,048 $1,829,168 $1,670,692 $158,476 $1,299,056
NUMBER OF DUs NA 202 202 202 38 38 38 128 128 128 NA
TOTAL COST/DU NA $20,691.41 $20,691.41 $0.00 $16,925.47 $15,687.37 $1,238.10 $14,290.38 $13,052.28 $1,238.10 NA
*Any differences in the amounts shown are due to rounding
Special Tax Roll and Report Page 17
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
D. ALTERNATIVES,MODIFICATIONS,AND/OR SUBSTITUTIONS
The description of the Eligible Improvements, as set forth herein, is general in
nature. The final description, specifications, location, and costs of improvements
and facilities will be determined upon the preparation of final plans and
specifications and completion of the improvements. The final plans may show
substitutes, in lieu or modifications to the Eligible Improvements in order to
accomplish the works of improvements, and any substitution, increase, or
decrease to the amount of public improvements financed shall not be a change or
modification in the proceedings as long as (i) the allocation of the Eligible
Improvement costs actually funded by SSA No. 2004-107, using the preceding
methodology, is uniform within Single-family Property, Duplex Property, and
Townhome Property and (ii) such allocation results in the same ratio of funded
Eligible Improvements among these three land use types, as established in Section
VI.A below.
V. BOND ASSUMPTIONS
It is anticipated that certain of the Eligible Improvements will be financed through the
issuance of a single series of bonds. Total authorized bonded indebtedness is
$10,000,000. Bonds in the approximate amount of$9,250,000 are anticipated to be issued
in November 2005. Issuance costs are estimated to be approximately four and eight-
tenths percent (4.8%) of the principal amount of the bonds. The bond issue will include a
reserve fund not more than nine and eight tenths (9.8%) of the original principal amount
of the bonds and approximately twenty-seven (27) months of capitalized interest. The
term of the bonds is 30 years, with principal amortized over a period of approximately 27
years. Annual debt service payments will increase approximately one and one-half
percent(1.50%) annually.
The final sizing of the bonds may be modified as appropriate to meet the objectives of the
financing and prevailing bond market conditions. These modifications may include, but
are not limited to, changes in the following:
• Bond timing, phasing, and/or escrows;
• Capitalized interest period;
• Principal amortization(i.e., bond term and annual debt service payment);
• Reserve fund size and form; and
• Coupon rates.
Therefore, the actual bonded indebtedness, and consequently the amount of public
improvements financed by SSA No. 2004-107, may increase or decrease depending upon
these variables.
Special Tax Roll and Report Page 18
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
VI. MAXIMUM PARCEL SPECIAL TAX
A. DETERMINATION
When multiple land uses are anticipated, the Maximum Parcel Special Tax is a
function of the (i) relative amounts of the allocated Eligible Improvement costs
for such land uses and(ii) the Maximum Parcel Special Taxes required to fund the
Special Tax Requirement. In order to measure the relative difference in public
improvement costs for each land use type, Equivalent Dwelling Units ("EDU")
factors have been calculated. A Single-family Property Dwelling Unit is deemed
the typical residential unit and is assigned an EDU factor of 1.00. The EDU factor
for the Duplex Property Dwelling Units and Townhome Property Dwelling Units
is equal to the ratio of the funded Eligible Improvements for each respective
category to the funded Eligible Improvements for Single-family Property
Dwelling Units. The funded Eligible Improvements per Dwelling Unit is
calculated by dividing the amounts to be funded for Single-family Property,
Duplex Property, and Townhome Property shown in Table 14 by the respective
number of Dwelling Units. EDUs are shown in Table 15 below.
TABLE IS
EDU FACTORS
No.OF
EDU DWELLING
COSWUNIT FACTOR UNITS EDUS
Single-family Property Dwelling Unit $20,691.41 1.000 202 units 202.00
Duplex Property Dwelling Unit $16,925.47 0.818 38 units 31.08
Townhome Property Dwelling Unit $14,290.38 0.691 128 units 88.45
Total 1 368 units 321.53
The Maximum Parcel Special Tax is derived from the Maximum Parcel Special
Taxes which are equal to the sum of the estimated (i) maximum annual interest
and principal payments on the Bonds, net of projected earnings on the reserve
fund, (ii) contingency for delinquent Special Taxes, and (iii) estimated
Administrative Expenses. The derivation of the Maximum Parcel Special Tax is
shown in Table 16 on the following page.
Special Tax Roll and Report Page 19
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
TABLE 16
MAXIMUM PARCEL SPECIAL TAX
LEVIED CALENDAR YEAR 2006/COLLECTED CALENDAR YEAR 2007
PER DWELLING UNIT
SINGLE-
FAMILY DUPLEX TOWNHOME
TOTAL PROPERTY PROPERTY PROPERTY
Maximum Parcel Special Taxes $684,910 $430,260 $66,234 $188,416
Number of EDUs 321.53 202.00 31.08 88.45
Maximum Parcel Special Tax/EDU*
(Maximum Parcel Special Taxes/Number of EDUs) $2,130 NA NA NA
EDU Factor NA 1.000 0.818 0.691
Maximum Parcel Special Tax/DU*
(Maximum Parcel Special Tax/EDU x EDU Factor) NA $2.130 $1,743 $1,472
*Amounts have been rounded.
The Maximum Parcel Special Tax per EDU is simply computed by dividing the
Maximum Parcel Special Taxes by the number of EDUs. Multiplying this amount
by the applicable EDU factor yields the Maximum Parcel Special Tax for Single-
family Property, Duplex Property, and Townhome Property. Therefore, the
Maximum Parcel Special Taxes are weighted in proportion to the allocation of
funded Eligible Improvements as shown in Section IV.C, and consequently the
amount of the Maximum Parcel Special Tax bears a rational relationship to the
benefit that the special services render to each Parcel within SSA No. 2004-107 as
required pursuant to the Act.
B. APPLICATION
Prior to the recordation of a Final Plat, the Maximum Parcel Special Tax for a
Parcel of Residential Property shall be calculated by multiplying the number of
expected Dwelling Units of Single-family Property, Duplex Property, or
Townhome Property for such Parcel, as determined from the Preliminary Plat,
Exhibit B to Ordinance No. 2005-81 of the City, the Final Plat(s), or other
document approved by the City as determined by the Consultant, whichever is
most recent as of September 30 preceding the Calendar Year for which the
Special Tax is being extended, by the applicable Maximum Parcel Special Tax
determined pursuant to Table 16, as increased in accordance with the Section
VI.0 below.
Subsequent to the recordation of the Final Plat, the Maximum Parcel Special Tax
for a Parcel of Residential Property shall be calculated by multiplying the number
Special Tax Roll and Report Page 20
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
of Dwelling Units of Single-family Property, Duplex Property, and Townhome
Property which may be constructed on such Parcel, as determined from the
applicable Final Plat and/or site plan by the applicable Maximum Parcel Special
Tax determined pursuant to Table 16, as increased in accordance with Section
VI.0 below.
C. ESCALATION
The Maximum Parcel Special Tax that has been levied escalates one and one-half
percent (1.50%) annually through and including Calendar Year 2033, rounded to
the nearest dollar. Note, while the annual increase in the Maximum Parcel Special
Tax is limited to one and one-half percent (1.50%), which is consistent with the
anticipated graduated payment schedule for interest and principal on the Bonds,
the percentage annual change in the Special Tax may be greater depending upon
actual Special Tax receipts, capitalized interest, investment earnings, and
Administrative Expenses.
D. TERM
The Maximum Parcel Special Tax shall not be levied after Calendar Year 2033
(to be collected in Calendar Year 2034).
E. SPECIAL TAX ROLL AMENDMENT
Each Calendar Year, in conjunction with the abatement ordinance adopted by the
City, the City shall amend the Special Tax Roll to reflect the Maximum Parcel
Special Tax applicable to any new Parcels established by the County. The
amended Special Tax Roll shall be recorded with the County.
F. OPTIONAL PREPAYMENT
The Maximum Parcel Special Tax for any Parcel may be prepaid and the
obligation of the Parcel to pay the Maximum Parcel Special Tax permanently
satisfied pursuant to Section A of Exhibit B attached hereto, provided that a
prepayment may be made only if there are no delinquent Special Taxes with
respect to such Parcel at the time of prepayment. The Maximum Parcel Special
Tax may also be prepaid in part, provided that proceeds for any such prepayment
are sufficient to permit the redemption of Bonds in such amounts and maturities
deemed necessary by the Consultant and in accordance with the Bond Indenture.
An owner of a Parcel intending to prepay the Maximum Parcel Special Tax, either
partially or in full, shall provide the City with written notice of intent to prepay.
Within 30 days of receipt of such written notice, the City or its designee shall
notify such owner of the amount of the Special Tax Bond Prepayment or the
Partial Special Tax Bond Prepayment, as applicable, for such Parcel and the date
through which the amount such amount shall be valid.
Special Tax Roll and Report Page 21
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
G. MANDATORY PREPAYMENT
If at any time the Consultant determines that there has been or will be a reduction
in the Maximum Parcel Special Taxes as a result of an amendment to the
Preliminary Plat or Final Plat, or other event which reduces the Maximum Parcel
Special Taxes such that the annual debt service coverage ratio is less than one
hundred ten percent (110%), then a Mandatory Special Tax Prepayment shall be
calculated pursuant to Section B of Exhibit B attached hereto. Each year's annual
debt service coverage ratio shall be determined by dividing (i) such year's reduced
Maximum Parcel Special Taxes by (ii) the sum of the corresponding annual
interest and principal payment on the Bonds, plus estimated Administrative
Expenses and less estimated earnings on the Reserve Fund (as such term is
defined in the Bond Indenture). As required under the Bond Indenture, the City
may adopt a supplemental ordinance to provide for the levy of the Mandatory
Special Tax Prepayment.
Please refer to Section VII.B below for details on the collection procedure of the
Mandatory Special Tax Prepayment.
VII. ABATEMENT AND COLLECTION
A. ABATEMENT
On or before the last Tuesday of December of each Calendar Year, commencing
with Calendar Year 2006 and for each following Calendar Year, the Council or its
designee shall determine the Special Tax Requirement and the Maximum Parcel
Special Tax authorized by the ordinance providing for the issuance of the Bonds
shall be abated to the extent the amounts so levied exceed the Special Tax
Requirement. The Maximum Parcel Special Tax applicable to each Parcel shall be
abated in equal percentages until the Special Tax remaining equals the Special
Tax Requirement. Abated in equal percentages means that the amount abated for
each Parcel, computed as a percentage of its applicable Maximum Parcel Special
Tax, is the same.
B. COLLECTION PROCESS
With the exception of the Mandatory Special Tax Prepayment, the Special Tax
will be billed and collected by the County in the same manner and at the same
time as general ad valorem property taxes. The lien and foreclosure remedies
provided for in Article 9 of the Illinois Municipal Code shall apply upon the
nonpayment of the Special Tax. The Council may provide for other means of
collecting the Special Tax, if necessary to meet the financial obligations of SSA
No. 2004-107.
The Mandatory Special Tax Prepayment shall be due prior to any development
approval, subdivision of land, conveyance, or other action that results in a
reduction in the Maximum Parcel Special Taxes such that the annual debt service
Special Tax Roll and Report Page 22
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
coverage ratio is less than one hundred ten percent (110%). The Mandatory
Special Tax Prepayment shall be levied against the property on which the
reduction has or will occur. The Mandatory Special Tax Prepayment shall have
the same sale and lien priorities as are provided for regular property taxes. A
Mandatory Special Tax Prepayment shall not reduce the Maximum Parcel Special
Tax for any Parcel.
C. ADMINISTRATIVE REVIEW
Any owner of a Parcel claiming that a calculation error has been made in the
amount of the Special Tax applicable to such Parcel for any Calendar Year may
send a written notice describing the error to the Consultant not later than thirty
(30) days after having paid the Special Tax which is alleged to be in error. The
Consultant shall promptly review the notice, and if necessary, meet with the
property owner, consider written and oral evidence regarding the alleged error,
and decide whether, in fact, such an error occurred. If the Consultant determines
that an error did in fact occur and the Special Tax should be modified or changed
in favor of the property owner, an adjustment shall be made in the amount of the
Special Tax applicable to such Parcel in the next Calendar Year. Cash refunds
shall only be made in the final Calendar Year for the Special Tax). The decision
of the Consultant regarding any error in respect to the Special Tax shall be final.
VIII. AMENDMENTS
This Report may be amended by ordinance of the City and, to the maximum extent
permitted by the Act, such amendments may be made without further notice under the
Act and without notice to owners of property within SSA No. 2004-107 in order to (i)
clarify or correct minor inconsistencies in the matters set forth herein, (ii) provide for
lawful procedures for the collection and enforcement of the Special Tax so as to assure
the efficient collection of the Special Tax for the benefit of the owners of the Bonds, (iii)
otherwise improve the ability of the City to fulfill its obligations to levy, extend, and
collect the Special Tax and to make it available for the payment of the Bonds and
Administrative Expenses, and (iv) make any change deemed necessary or advisable by
the City, provided such change is not detrimental to the owners of property subject to the
Maximum Parcel Special Tax. No such amendment shall be approved by the Council if it
violates any other agreement binding upon the City and unless and until it has (i) found
and determined that the amendment is necessary and appropriate and does not materially
adversely affect the rights of the owners of the Bonds or the City has obtained the consent
of one hundred percent (100.00%) of the owners of the Bonds and (ii) received an
opinion of a nationally recognized bond counsel to the effect that the amendment does
not violate the Act, and is authorized pursuant to the terms of the Bond Indenture and this
Report.
K:\CLIENTS2\Yorkvil1e\SSA(Lennar)\SSA ReporMaintree Village II SSA ReportIdoc
Special Tax Roll and Report Page 23
United City of Yorkville Special Service Area No. 2004-107 November 16, 2005
EXHIBIT A
SPECIAL TAX ROLL
RAINTREE VILLAGE II
UNITED CITY OF YORKVILLE SSA NO.2004-107
SPECIAL TAX ROLL
CALENDAR YEAR 2006 THROUGH CALENDAR YEAR 2033
Permanant
Index Maximum Parcel Special Tax per Subdivided Single-Family Property Lot 1`11
Number 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
05-09-211-009 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-211-010 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-211-011 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-211-012 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-211-013 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-001 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-002 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-003 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-004 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-005 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-006 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-007 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-008 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-009 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-010 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-011 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-012 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-013 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-014 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-015 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-016 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-213-017 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-214-001 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-214-002 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-214-003 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-214-004 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-214-005 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-214-006 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-214-007 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-214-008 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-214-009 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-214-010 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-214-011 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-214-012 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-214-013 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-215-001 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-215-002 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-215-003 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-215-004 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-215-005 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-215-006 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-216-001 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-216-002 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-216-003 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-216-004 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-216-005 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-226-003 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-231-001 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-231-002 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-231-003 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-231-004 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
[1]Each subdivided Single-family Property lot is aniticpated to have one Dwelling Unit.
A-1
RAINTREE VILLAGE II
UNITED CITY OF YORKVILLE SSA NO.2004-107
SPECIAL TAX ROLL
CALENDAR YEAR 2006 THROUGH CALENDAR YEAR 2033
Permanant
Index Maximum Parcel Special Tax per Subdivided Single-Family Property Lot 111
Number 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
05-09-211-009 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-211-010 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-211-011 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-211-012 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-211-013 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-001 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-002 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-003 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-004 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-005 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-006 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-007 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-008 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-009 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-010 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-011 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-012 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-013 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-014 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-015 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-016 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-213-017 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-214-001 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-214-002 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-214-003 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-214-004 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-214-005 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-214-006 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-214-007 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-214-008 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-214-009 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-214-010 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-214-011 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-214-012 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-214-013 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-215-001 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-215-002 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-215-003 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-215-004 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-215-005 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-215-006 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-216-001 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-216-002 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-216-003 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-216-004 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-216-005 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-226-003 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-231-001 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-231-002 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-231-003 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-231-004 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
[1]Each subdivided Single-family Property lot is aniticpated to have one Dwelling Unit.
A-2
RAINTREE VILLAGE II
UNITED CITY OF YORKVILLE SSA NO.2004-107
SPECIAL TAX ROLL
CALENDAR YEAR 2006 THROUGH CALENDAR YEAR 2033
Permanant
Index Maximum Parcel Special Tax per Subdivided Single-Family Property Lot 111
Number 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
05-09-231-005 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-231-006 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-232-001 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-232-002 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-232-003 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-232-004 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-232-005 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-232-006 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-233-001 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-233-002 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-233-003 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-233-004 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-234-001 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-234-002 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-234-003 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-234-004 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-234-005 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-234-006 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-234-007 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-234-008 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-234-009 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-234-010 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-235-001 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-235-002 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-235-003 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-235-004 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-235-005 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-235-006 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-235-007 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-236-001 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-236-002 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-236-003 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-236-004 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-236-005 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-236-006 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-001 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-002 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-003 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-004 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-005 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-006 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-007 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-008 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-009 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-010 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-011 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-012 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-013 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-014 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
05-09-237-015 $2,130.00 $2,162.00 $2,194.00 $2,227.00 $2,260.00 $2,294.00 $2,328.00 $2,363.00 $2,398.00 $2,434.00 $2,471.00 $2,508.00 $2,546.00 $2,584.00
[1]Each subdivided Single-family Property lot is aniticpated to have one Dwelling Unit.
A-3
RAINTREE VILLAGE II
UNITED CITY OF YORKVILLE SSA NO.2004-107
SPECIAL TAX ROLL
CALENDAR YEAR 2006 THROUGH CALENDAR YEAR 2033
Permanant
Index Maximum Parcel Special Tax per Subdivided Single-Family Property Lot 111
Number 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
05-09-231-005 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-231-006 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-232-001 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-232-002 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-232-003 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-232-004 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-232-005 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-232-006 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-233-001 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-233-002 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-233-003 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-233-004 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-234-001 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-234-002 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-234-003 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-234-004 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-234-005 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-234-006 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-234-007 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-234-008 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-234-009 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-234-010 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-235-001 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-235-002 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-235-003 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-235-004 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-235-005 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-235-006 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-235-007 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-236-001 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-236-002 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-236-003 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-236-004 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-236-005 $2,623.00 $2,662.00 $2,702.00 $2,74100 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-236-006 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-001 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-002 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-003 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-004 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-005 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-006 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-007 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-008 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-009 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-010 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-011 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-012 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-013 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-014 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
05-09-237-015 $2,623.00 $2,662.00 $2,702.00 $2,743.00 $2,784.00 $2,826.00 $2,868.00 $2,911.00 $2,955.00 $2,999.00 $3,044.00 $3,090.00 $3,136.00 $3,183.00
[1]Each subdivided Single-family Property lot is aniticpated to have one Dwelling Unit.
A-4
RAINTREE VILLAGE II
UNITED CITY OF YORKVILLE SSA NO. 2004-107
SPECIAL TAX ROLL
CALENDAR YEAR 2006 THROUGH CALENDAR YEAR 2033
Permanent Index Number(Unsubdivided Parcels)
Levied Maximum Parcel Special 05-03-300-024 05-09-200-020
Calendar Tax Per Dwelling Unit SDU [11 DDU [21 TDU 1*31 TOTAL SDU [11 DDU 1*21 TDU [31 TOTAL
Year SDU [11 DDU [21 TDU [31 0 4 48 52 6 0 0 6
2006 $2,130 $1,743 $1,472 $0.00 $6,972.00 $70,656.00 $77,628.00 $12,780.00 $0.00 $0.00 $12,780.00
2007 $2,162 $1,769 $1,494 $0.00 $7,076.00 $71,712.00 $78,788.00 $12,972.00 $0.00 $0.00 $12,972.00
2008 $2,194 $1,796 $1,516 $0.00 $7,184.00 $72,768.00 $79,952.00 $13,164.00 $0.00 $0.00 $13,164.00
2009 $2,227 $1,823 $1,539 $0.00 $7,292.00 $73,872.00 $81,164.00 $13,362.00 $0.00 $0.00 $13,362.00
2010 $2,260 $1,850 $1,562 $0.00 $7,400.00 $74,976.00 $82,376.00 $13,560.00 $0.00 $0.00 $13,560.00
2011 $2,294 $1,878 $1,585 $0.00 $7,512.00 $76,080.00 $83,592.00 $13,764.00 $0.00 $0.00 $13,764.00
2012 $2,328 $1,906 $1,609 $0.00 $7,624.00 $77,232.00 $84,856.00 $13,968.00 $0.00 $0.00 $13,968.00
2013 $2,363 $1,935 $1,633 $0.00 $7,740.00 $78,384.00 $86,124.00 $14,178.00 $0.00 $0.00 $14,178.00
2014 $2,398 $1,964 $1,657 $0.00 $7,856.00 $79,536.00 $87,392.00 $14,388.00 $0.00 $0.00 $14,388.00
2015 $2,434 $1,993 $1,682 $0.00 $7,972.00 $80,736.00 $88,708.00 $14,604.00 $0.00 $0.00 $14,604.00
2016 $2,471 $2,023 $1,707 $0.00 $8,092.00 $81,936.00 $90,028.00 $14,826.00 $0.00 $0.00 $14,826.00
2017 $2,508 $2,053 $1,733 $0.00 $8,212.00 $83,184.00 $91,396.00 $15,048.00 $0.00 $0.00 $15,048.00
2018 $2,546 $2,084 $1,759 $0.00 $8,336.00 $84,432.00 $92,768.00 $15,276.00 $0.00 $0.00 $15,276.00
2019 $2,584 $2,115 $1,785 $0.00 $8,460.00 $85,680.00 $94,140.00 $15,504.00 $0.00 $0.00 $15,504.00
2020 $2,623 $2,147 $1,812 $0.00 $8,588.00 $86,976.00 $95,564.00 $15,738.00 $0.00 $0.00 $15,738.00
2021 $2,662 $2,179 $1,839 $0.00 $8,716.00 $88,272.00 $96,988.00 $15,972.00 $0.00 $0.00 $15,972.00
2022 $2,702 $2,212 $1,867 $0.00 $8,848.00 $89,616.00 $98,464.00 $16,212.00 $0.00 $0.00 $16,212.00
2023 $2,743 $2,245 $1,895 $0.00 $8,980.00 $90,960.00 $99,940.00 $16,458.00 $0.00 $0.00 $16,458.00
2024 $2,784 $2,279 $1,923 $0.00 $9,116.00 $92,304.00 $101,420.00 $16,704.00 $0.00 $0.00 $16,704.00
2025 $2,826 $2,313 $1,952 $0.00 $9,252.00 $93,696.00 $102,948.00 $16,956.00 $0.00 $0.00 $16,956.00
2026 $2,868 $2,348 $1,981 $0.00 $9,392.00 $95,088.00 $104,480.00 $17,208.00 $0.00 $0.00 $17,208.00
2027 $2,911 $2,383 $2,011 $0.00 $9,532.00 $96,528.00 $106,060.00 $17,466.00 $0.00 $0.00 $17,466.00
2028 $2,955 $2,419 $2,041 $0.00 $9,676.00 $97,968.00 $107,644.00 $17,730.00 $0.00 $0.00 $17,730.00
2029 $2,999 $2,455 $2,072 $0.00 $9,820.00 $99,456.00 $109,276.00 $17,994.00 $0.00 $0.00 $17,994.00
2030 $3,044 $2,492 $2,103 $0.00 $9,968.00 $100,944.00 $110,912.00 $18,264.00 $0.00 $0.00 $18,264.00
2031 $3,090 $2,529 $2,135 $0.00 $10,116.00 $102,480.00 $112,596.00 $18,540.00 $0.00 $0.00 $18,540.00
2032 $3,136 $2,567 $2,167 $0.00 $10,268.00 $104,016.00 $114,284.00 $18,816.00 $0.00 $0.00 $18,816.00
2033 $3,183 $2,606 $2,200 $0.00 $10,424.00 $105,600.00 $116,024.00 $19,098.00 $0.00 $0.00 $19,098.00
[1] SDU = Single-family Property Dwelling Unit
[2] DDU = Duplex Property Dwelling Unit
[3] TDU = Townhome Property Dwelling Unit
A-5
RAINTREE VILLAGE II
UNITED CITY OF YORKVILLE SSA NO. 2004-107
SPECIAL TAX ROLL
CALENDAR YEAR 2006 THROUGH CALENDAR YEAR 2033
Permanent Index Number(Unsubdivided Parcels)
Levied Maximum Parcel Special 05-09-200-022 05-09-200-024
Calendar Tax Per Dwelling Unit SDU [11 DDU [21 TDU [31 TOTAL SDU X11 DDU X21 TDU [31 TOTAL
Year SDU f11 DDU [21 TDU [31 76 0 0 76 12 0 0 12
2006 $2,130 $1,743 $1,472 $161,880.00 $0.00 $0.00 $161,880.00 $25,560.00 $0.00 $0.00 $25,560.00
2007 $2,162 $1,769 $1,494 $164,312.00 $0.00 $0.00 $164,312.00 $25,944.00 $0.00 $0.00 $25,944.00
2008 $2,194 $1,796 $1,516 $166,744.00 $0.00 $0.00 $166,744.00 $26,328.00 $0.00 $0.00 $26,328.00
2009 $2,227 $1,823 $1,539 $169,252.00 $0.00 $0.00 $169,252.00 $26,724.00 $0.00 $0.00 $26,724.00
2010 $2,260 $1,850 $1,562 $171,760.00 $0.00 $0.00 $171,760.00 $27,120.00 $0.00 $0.00 $27,120.00
2011 $2,294 $1,878 $1,585 $174,344.00 $0.00 $0.00 $174,344.00 $27,528.00 $0.00 $0.00 $27,528.00
2012 $2,328 $1,906 $1,609 $176,928.00 $0.00 $0.00 $176,928.00 $27,936.00 $0.00 $0.00 $27,936.00
2013 $2,363 $1,935 $1,633 $179,588.00 $0.00 $0.00 $179,588.00 $28,356.00 $0.00 $0.00 $28,356.00
2014 $2,398 $1,964 $1,657 $182,248.00 $0.00 $0.00 $182,248.00 $28,776.00 $0.00 $0.00 $28,776.00
2015 $2,434 $1,993 $1,682 $184,984.00 $0.00 $0.00 $184,984.00 $29,208.00 $0.00 $0.00 $29,208.00
2016 $2,471 $2,023 $1,707 $187,796.00 $0.00 $0.00 $187,796.00 $29,652.00 $0.00 $0.00 $29,652.00
2017 $2,508 $2,053 $1,733 $190,608.00 $0.00 $0.00 $190,608.00 $30,096.00 $0.00 $0.00 $30,096.00
2018 $2,546 $2,084 $1,759 $193,496.00 $0.00 $0.00 $193,496.00 $30,552.00 $0.00 $0.00 $30,552.00
2019 $2,584 $2,115 $1,785 $196,384.00 $0.00 $0.00 $196,384.00 $31,008.00 $0.00 $0.00 $31,008.00
2020 $2,623 $2,147 $1,812 $199,348.00 $0.00 $0.00 $199,348.00 $31,476.00 $0.00 $0.00 $31,476.00
2021 $2,662 $2,179 $1,839 $202,312.00 $0.00 $0.00 $202,312.00 $31,944.00 $0.00 $0.00 $31,944.00
2022 $2,702 $2,212 $1,867 $205,352.00 $0.00 $0.00 $205,352.00 $32,424.00 $0.00 $0.00 $32,424.00
2023 $2,743 $2,245 $1,895 $208,468.00 $0.00 $0.00 $208,468.00 $32,916.00 $0.00 $0.00 $32,916.00
2024 $2,784 $2,279 $1,923 $211,584.00 $0.00 $0.00 $211,584.00 $33,408.00 $0.00 $0.00 $33,408.00
2025 $2,826 $2,313 $1,952 $214,776.00 $0.00 $0.00 $214,776.00 $33,912.00 $0.00 $0.00 $33,912.00
2026 $2,868 $2,348 $1,981 $217,968.00 $0.00 $0.00 $217,968.00 $34,416.00 $0.00 $0.00 $34,416.00
2027 $2,911 $2,383 $2,011 $221,236.00 $0.00 $0.00 $221,236.00 $34,932.00 $0.00 $0.00 $34,932.00
2028 $2,955 $2,419 $2,041 $224,580.00 $0.00 $0.00 $224,580.00 $35,460.00 $0.00 $0.00 $35,460.00
2029 $2,999 $2,455 $2,072 $227,924.00 $0.00 $0.00 $227,924.00 $35,988.00 $0.00 $0.00 $35,988.00
2030 $3,044 $2,492 $2,103 $231,344.00 $0.00 $0.00 $231,344.00 $36,528.00 $0.00 $0.00 $36,528.00
2031 $3,090 $2,529 $2,135 $234,840.00 $0.00 $0.00 $234,840.00 $37,080.00 $0.00 $0.00 $37,080.00
2032 $3,136 $2,567 $2,167 $238,336.00 $0.00 $0.00 $238,336.00 $37,632.00 $0.00 $0.00 $37,632.00
2033 $3,183 $2,606 $2,200 $241,908.00 $0.00 $0.00 $241,908.00 $38,196.00 $0.00 $0.00 $38,196.00
[1] SDU = Single-family Property Dwelling Unit
[2] DDU = Duplex Property Dwelling Unit
[3] TDU = Townhome Property Dwelling Unit
A-6
RAINTREE VILLAGE II
UNITED CITY OF YORKVILLE SSA NO.2004-107
SPECIAL TAX ROLL
CALENDAR YEAR 2006 THROUGH CALENDAR YEAR 2033
Levied Maximum Parcel Special 05-10-100-008 05-10-100-010
Calendar Tax Per Dwelling Unit SDU f11 DDU f21 TDU 1`31 TOTAL SDU [11 DDU f21 TDU [31 TOTAL GRAND
Year SDU 1`11 DDU [21 TDU 1`31 7 28 60 95 0 6 20 26 TOTAL
2006 $2,130 $1,743 $1,472 $14,910.00 $48,804.00 $88,320.00 $152,034.00 $0.00 $10,458.00 $29,440.00 $39,898.00 $684,910.00
2007 $2,162 $1,769 $1,494 $15,134.00 $49,532.00 $89,640.00 $154,306.00 $0.00 $10,614.00 $29,880.00 $40,494.00 $695,178.00
2008 $2,194 $1,796 $1,516 $15,358.00 $50,288.00 $90,960.00 $156,606.00 $0.00 $10,776.00 $30,320.00 $41,096.00 $705,484.00
2009 $2,227 $1,823 $1,539 $15,589.00 $51,044.00 $92,340.00 $158,973.00 $0.00 $10,938.00 $30,780.00 $41,718.00 $716,120.00
2010 $2,260 $1,850 $1,562 $15,820.00 $51,800.00 $93,720.00 $161,340.00 $0.00 $11,100.00 $31,240.00 $42,340.00 $726,756.00
2011 $2,294 $1,878 $1,585 $16,058.00 $52,584.00 $95,100.00 $163,742.00 $0.00 $11,268.00 $31,700.00 $42,968.00 $737,632.00
2012 $2,328 $1,906 $1,609 $16,296.00 $53,368.00 $96,540.00 $166,204.00 $0.00 $11,436.00 $32,180.00 $43,616.00 $748,636.00
2013 $2,363 $1,935 $1,633 $16,541.00 $54,180.00 $97,980.00 $168,701.00 $0.00 $11,610.00 $32,660.00 $44,270.00 $759,880.00
2014 $2,398 $1,964 $1,657 $16,786.00 $54,992.00 $99,420.00 $171,198.00 $0.00 $11,784.00 $33,140.00 $44,924.00 $771,124.00
2015 $2,434 $1,993 $1,682 $17,038.00 $55,804.00 $100,920.00 $173,762.00 $0.00 $11,958.00 $33,640.00 $45,598.00 $782,698.00
2016 $2,471 $2,023 $1,707 $17,297.00 $56,644.00 $102,420.00 $176,361.00 $0.00 $12,138.00 $34,140.00 $46,278.00 $794,512.00
2017 $2,508 $2,053 $1,733 $17,556.00 $57,484.00 $103,980.00 $179,020.00 $0.00 $12,318.00 $34,660.00 $46,978.00 $806,454.00
2018 $2,546 $2,084 $1,759 $17,822.00 $58,352.00 $105,540.00 $181,714.00 $0.00 $12,504.00 $35,180.00 $47,684.00 $818,636.00
2019 $2,584 $2,115 $1,785 $18,088.00 $59,220.00 $107,100.00 $184,408.00 $0.00 $12,690.00 $35,700.00 $48,390.00 $830,818.00
2020 $2,623 $2,147 $1,812 $18,361.00 $60,116.00 $108,720.00 $187,197.00 $0.00 $12,882.00 $36,240.00 $49,122.00 $843,368.00
2021 $2,662 $2,179 $1,839 $18,634.00 $61,012.00 $110,340.00 $189,986.00 $0.00 $13,074.00 $36,780.00 $49,854.00 $855,918.00
2022 $2,702 $2,212 $1,867 $18,914.00 $61,936.00 $112,020.00 $192,870.00 $0.00 $13,272.00 $37,340.00 $50,612.00 $868,836.00
2023 $2,743 $2,245 $1,895 $19,201.00 $62,860.00 $113,700.00 $195,761.00 $0.00 $13,470.00 $37,900.00 $51,370.00 $881,956.00
2024 $2,784 $2,279 $1,923 $19,488.00 $63,812.00 $115,380.00 $198,680.00 $0.00 $13,674.00 $38,460.00 $52,134.00 $895,114.00
2025 $2,826 $2,313 $1,952 $19,782.00 $64,764.00 $117,120.00 $201,666.00 $0.00 $13,878.00 $39,040.00 $52,918.00 $908,602.00
2026 $2,868 $2,348 $1,981 $20,076.00 $65,744.00 $118,860.00 $204,680.00 $0.00 $14,088.00 $39,620.00 $53,708.00 $922,128.00
2027 $2,911 $2,383 $2,011 $20,377.00 $66,724.00 $120,660.00 $207,761.00 $0.00 $14,298.00 $40,220.00 $54,518.00 $935,984.00
2028 $2,955 $2,419 $2,041 $20,685.00 $67,732.00 $122,460.00 $210,877.00 $0.00 $14,514.00 $40,820.00 $55,334.00 $950,080.00
2029 $2,999 $2,455 $2,072 $20,993.00 $68,740.00 $124,320.00 $214,053.00 $0.00 $14,730.00 $41,440.00 $56,170.00 $964,304.00
2030 $3,044 $2,492 $2,103 $21,308.00 $69,776.00 $126,180.00 $217,264.00 $0.00 $14,952.00 $42,060.00 $57,012.00 $978,768.00
2031 $3,090 $2,529 $2,135 $21,630.00 $70,812.00 $128,100.00 $220,542.00 $0.00 $15,174.00 $42,700.00 $57,874.00 $993,562.00
2032 $3,136 $2,567 $2,167 $21,952.00 $71,876.00 $130,020.00 $223,848.00 $0.00 $15,402.00 $43,340.00 $58,742.00 $1,008,394.00
2033 $3,183 $2,606 $2,200 $22,281.00 $72,968.00 $132,000.00 $227,249.00 $0.00 $15,636.00 $44,000.00 $59,636.00 $1,023,594.00
[1] SDU = Single-family Property Dwelling Unit
[2] DDU = Duplex Property Dwelling Unit
[3]TDU =Townhome Property Dwelling Unit
A-7
EXHIBIT B
PREPAYMENT OF THE
MAXIMUM PARCEL SPECIAL TAX
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NO. 2004-107
PREPAYMENT FORMULA
All capitalized terms not defined in this Exhibit B shall have the meaning given to such terms in
the Report.
A. OPTIONAL PREPAYMENT OF THE MAXIMUM PARCEL SPECIAL TAX
Pursuant to Section VI.F of the Report, the Maximum Parcel Special Tax may be prepaid
and permanently satisfied under the conditions set forth therein. The Special Tax Bond
Prepayment for a Parcel means an amount equal to (a) the sum of (1) Principal, (2)
Premium, (3) Defeasance, and(4) Fees and(b) minus (1) the Reserve Fund Credit and(2)
the Capitalized Interest Credit, where the terms "Principal," "Premium," "Defeasance,"
"Fees," "Reserve Fund Credit," and "Capitalized Interest Credit" have the following
meanings:
"Principal" means the principal amount of Bonds to be redeemed and equals the
quotient derived by dividing (a) the then current Maximum Parcel Special Tax for
the Parcel intending to prepay by (b) the corresponding Maximum Parcel Special
Taxes for SSA No. 2004-107, (and excluding from (b) that portion of the
Maximum Parcel Special Tax for any Parcel(s) that has been prepaid), and
multiplying the quotient by the principal amount of outstanding Bonds less any
principal which has been prepaid but not yet applied toward the redemption of
Bonds.
"Premium" means an amount equal to the Principal multiplied by the applicable
redemption premium, if any, for any Bonds so redeemed with the proceeds of any
such prepayment. Any applicable redemption premium shall be as set forth in the
Bond Indenture.
"Defeasance" means the amount needed to pay interest on the Principal to be
redeemed until the earliest redemption date for the outstanding Bonds less any
Special Taxes heretofore paid for such Parcel and available to pay interest on the
redemption date for the Bonds.
"Fees" equal the expenses of SSA No. 2004-107 associated with the Special Tax
Bond Prepayment as calculated by the City or its designee and include, but are not
limited to, the costs of computing the Special Tax Bond Prepayment, the costs of
redeeming the Bonds, and the costs of recording and publishing any notices to
evidence the Special Tax Bond Prepayment and the redemption of Bonds.
"Reserve Fund Credit" shall equal the lesser of the Reserve Requirement (as
such term is defined in the Bond Indenture) and the balance in the Reserve Fund
B-1
(as such term is defined in the Bond Indenture) multiplied by the quotient used to
calculate Principal.
"Capitalized Interest Credit" shall equal the reduction in interest payable on the
Bonds due to the redemption of Principal from the Special Tax Bond Prepayment
from the redemption date for the Bonds redeemed from the Special Tax Bond
Prepayment to the end of the capitalized interest period, as determined by the
Consultant. No capitalized interest credit is given if the redemption date for the
Bonds redeemed from the Special Tax Bond Prepayment is on or after the end of
the capitalized interest period.
The amount of any Partial Special Tax Bond Prepayment shall be computed pursuant to
the preceding prepayment formula substituting the portion of the Maximum Parcel
Special Tax to be prepaid for the Maximum Parcel Special Tax when computing
Principal. The amount of any Special Tax Bond Prepayment or Partial Special Tax Bond
Prepayment computed pursuant to this Section A shall not exceed the Bonds plus any
Premium, Defeasance, and Fees as such terms are defined herein.
The sum of the amounts calculated above shall be paid to the City, deposited with the
trustee, and used to pay and redeem Bonds in accordance with the Bond Indenture and to
pay the Fees associated with the Special Tax Bond Prepayment. Upon the payment of the
Special Tax Bond Prepayment amount to the City, the obligation to pay the portion of the
Maximum Parcel Special Tax which is prepaid for such Parcel shall be deemed to be
permanently satisfied, such portion of the Maximum Parcel Special Tax shall not be
collected thereafter from such Parcel, and in the event the entire Maximum Parcel Special
Tax is prepaid a satisfaction of special tax lien for such Parcel will be recorded within 30
working days of receipt of the Special Tax Bond Prepayment.
B. MANDATORY PREPAYMENT
The Mandatory Special Tax Prepayment amount will be calculated using the prepayment
formula described in Section A above with the following modifications:
• The difference between the Maximum Parcel Special Taxes required for 110%
debt service coverage and the amount to which the Maximum Parcel Special
Taxes have been reduced shall serve as the numerator when computing
Principal; and
• The Maximum Parcel Special Taxes necessary for the annual debt service
coverage ratio to equal 110% shall serve as the denominator when computing
Principal.
The amount of any Mandatory Special Tax Prepayment shall not exceed the Bonds plus
any Premium, Defeasance, and Fees as such terms are defined in Section A above.
B-2
�DAVID TAUSSIG
& ASSOCIATES
EXHIBIT H
UNITED CITY OF YORKVILLE SSA N0. 2004-107
2012 AMENDED SPECIAL TAX ROLL
United City of Yorkville
Special Services Area No.2004-107
(Raintree Village 2)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Unit Use Units Levied Abated Collected
Single Family Property
05-09-211-009 361 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-211-010 362 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-211-011 363 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-211-012 364 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-211-013 365 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-001 360 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-002 359 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-003 358 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-004 357 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-005 356 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-006 355 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-007 354 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-008 353 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-009 419 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-010 418 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-011 417 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-012 416 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-013 415 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-014 414 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-015 413 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-016 412 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-213-017 411 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-214-001 410 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-214-002 409 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-214-003 408 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-214-004 407 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-214-005 406 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-214-006 405 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-214-007 404 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-214-008 397 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-214-009 396 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-214-010 395 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-214-011 394 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-214-012 393 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-214-013 392 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-215-001 366 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-215-002 367 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-215-003 368 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-215-004 369 SFD 1 $2,328.00 $0.00 $2,328.00
12/7/12 10:31AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-107\2012\Tax Page 1 of 8
United City of Yorkville
Special Services Area No.2004-107
(Raintree Village 2)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Unit Use Units Levied Abated Collected
05-09-215-005 370 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-215-006 371 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-216-001 391 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-216-002 390 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-216-003 389 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-216-004 373 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-216-005 372 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-226-003 350 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-231-001 349 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-231-002 348 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-231-003 347 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-231-004 346 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-231-006 344 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-232-002 342 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-232-003 341 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-232-005 339 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-232-006 338 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-233-001 352 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-233-002 420 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-233-003 353 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-233-004 421 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-234-001 422 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-234-002 423 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-234-003 424 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-234-004 425 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-234-005 426 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-234-006 427 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-234-007 428 SFD l $2,328.00 $0.00 $2,328.00
05-09-234-008 429 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-234-009 430 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-234-010 431 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-001 432 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-002 433 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-003 434 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-004 435 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-005 436 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-006 437 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-007 438 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-008 439 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-009 440 SFD 1 $2,328.00 $0.00 $2,328.00
12/7/12 10:31AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-107\2012\Tax Page 2 of 8
United City of Yorkville
Special Services Area No.2004-107
(Raintree Village 2)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Unit Use Units Levied Abated Collected
05-09-235-010 441 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-011 442 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-012 443 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-013 444 SFD l $2,328.00 $0.00 $2,328.00
05-09-235-014 445 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-015 446 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-016 447 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-017 448 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-235-018 449 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-236-001 403 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-236-002 402 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-236-003 401 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-236-004 400 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-236-005 399 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-236-006 398 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-001 388 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-002 387 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-003 386 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-004 385 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-005 384 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-006 383 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-007 382 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-008 381 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-009 380 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-010 379 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-011 378 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-012 377 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-013 376 SFD l $2,328.00 $0.00 $2,328.00
05-09-237-014 375 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-237-015 374 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-238-001 450 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-238-002 451 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-238-003 452 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-238-004 453 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-238-005 454 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-238-006 455 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-238-007 456 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-238-008 457 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-238-009 458 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-238-010 459 SFD 1 $2,328.00 $0.00 $2,328.00
12/7/12 10:31AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-107\2012\Tax Page 3 of 8
United City of Yorkville
Special Services Area No.2004-107
(Raintree Village 2)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Unit Use Units Levied Abated Collected
05-09-239-001 501 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-002 502 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-003 503 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-004 504 SFD l $2,328.00 $0.00 $2,328.00
05-09-239-005 505 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-006 506 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-007 507 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-008 508 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-009 509 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-010 510 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-011 511 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-012 512 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-013 513 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-014 514 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-015 515 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-016 516 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-017 517 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-018 518 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-239-019 519 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-001 520 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-002 521 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-003 522 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-004 523 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-005 524 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-006 525 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-007 526 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-008 527 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-009 528 SFD l $2,328.00 $0.00 $2,328.00
05-09-240-010 529 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-011 530 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-012 531 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-013 532 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-014 533 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-240-015 534 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-241-001 535 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-241-002 536 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-241-003 537 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-241-004 538 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-241-005 539 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-241-006 540 SFD 1 $2,328.00 $0.00 $2,328.00
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C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-107\2012\Tax Page 4 of 8
United City of Yorkville
Special Services Area No.2004-107
(Raintree Village 2)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Unit Use Units Levied Abated Collected
05-09-241-007 541 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-241-008 542 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-001 469 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-002 470 SFD l $2,328.00 $0.00 $2,328.00
05-09-242-003 471 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-004 472 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-005 473 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-006 474 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-007 475 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-008 476 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-009 477 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-010 478 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-011 479 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-012 480 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-013 481 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-014 482 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-242-015 483 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-001 500 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-002 499 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-003 498 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-004 497 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-005 496 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-006 495 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-007 494 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-008 493 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-009 492 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-010 491 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-011 490 SFD l $2,328.00 $0.00 $2,328.00
05-09-243-012 489 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-013 488 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-014 487 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-015 486 SFD 1 $2,328.00 $0.00 $2,328.00
05-09-243-016 485 SFD 1 $2,328.00 $0.00 $2,328.00
05-10-106-001 460 SFD 1 $2,328.00 $0.00 $2,328.00
05-10-106-002 461 SFD 1 $2,328.00 $0.00 $2,328.00
05-10-106-003 462 SFD 1 $2,328.00 $0.00 $2,328.00
05-10-106-004 463 SFD 1 $2,328.00 $0.00 $2,328.00
05-10-106-005 464 SFD 1 $2,328.00 $0.00 $2,328.00
05-10-106-006 465 SFD 1 $2,328.00 $0.00 $2,328.00
05-10-106-007 466 SFD 1 $2,328.00 $0.00 $2,328.00
12/7/12 10:31AM
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United City of Yorkville
Special Services Area No.2004-107
(Raintree Village 2)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Unit Use Units Levied Abated Collected
Subtotal 199 $463,272.00 $0.00 $463,272.00
Duplex Property
05-03-381-005 264 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-001 265 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-002 266 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-003 267 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-004 268 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-005 269 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-006 270 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-007 271 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-008 272 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-009 273 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-010 274 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-011 275 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-012 276 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-013 277 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-014 278 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-015 279 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-016 280 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-017 281 DUP 2 $3,812.00 $0.00 $3,812.00
05-10-128-018 282 DUP 2 $3,812.00 $0.00 $3,812.00
Subtotal 38 $72,428.00 $0.00 $72,428.00
Townhome Property
05-03-379-001 297 THM 4 $6,436.00 $0.00 $6,436.00
05-03-379-007 295 1 THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-008 295 2 THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-009 295 3 THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-010 295 4 THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-012 296 a THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-013 296 b THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-014 296 C THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-015 296 d THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-017 294 a THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-018 294 b THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-019 294 C THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-020 294 d THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-022 293 a THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-023 293 b THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-024 293 C THM 1 $1,609.00 $0.00 $1,609.00
05-03-379-025 293 d THM 1 $1,609.00 $0.00 $1,609.00
12/7/12 10:31AM
C:\Users\sdonna\Documents\MISC\Cloud\FoxPro\Yorkville\York-107\2012\Tax Page 6 of 8
United City of Yorkville
Special Services Area No.2004-107
(Raintree Village 2)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Unit Use Units Levied Abated Collected
05-03-381-001 289 THM 4 $6,436.00 $0.00 $6,436.00
05-03-381-002 290 THM 4 $6,436.00 $0.00 $6,436.00
05-03-381-003 292 THM 4 $6,436.00 $0.00 $6,436.00
05-03-381-004 291 THM 4 $6,436.00 $0.00 $6,436.00
05-03-382-002 287 THM 4 $6,436.00 $0.00 $6,436.00
05-03-382-003 288 THM 4 $6,436.00 $0.00 $6,436.00
05-10-126-001 298 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-001 311 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-002 312 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-003 313 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-004 314 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-005 315 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-006 316 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-007 317 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-008 318 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-009 305 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-010 306 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-011 307 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-012 308 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-013 309 THM 4 $6,436.00 $0.00 $6,436.00
05-10-127-014 310 THM 4 $6,436.00 $0.00 $6,436.00
05-10-128-019 304 THM 4 $6,436.00 $0.00 $6,436.00
05-10-128-020 303 THM 4 $6,436.00 $0.00 $6,436.00
05-10-128-021 302 THM 4 $6,436.00 $0.00 $6,436.00
05-10-128-022 301 THM 4 $6,436.00 $0.00 $6,436.00
05-10-128-023 300 THM 4 $6,436.00 $0.00 $6,436.00
05-10-128-027 299 a THM 1 $1,609.00 $0.00 $1,609.00
05-10-128-028 299 b THM l $1,609.00 $0.00 $1,609.00
05-10-128-029 299 C THM 1 $1,609.00 $0.00 $1,609.00
05-10-128-030 299 d THM 1 $1,609.00 $0.00 $1,609.00
Subtotal 128 $205,952.00 $0.00 $205,952.00
Prepaid Single Family Property
05-09-231-005 345 PREPAYS 1 $2,328.00 $2,328.00 $0.00
05-09-232-001 343 PREPAYS 1 $2,328.00 $2,328.00 $0.00
05-09-232-004 340 PREPAYS 1 $2,328.00 $2,328.00 $0.00
Subtotal 3 $6,984.00 $6,984.00 $0.00
Exempt
05-03-379-006 285 EXEMPT 0 $0.00 $0.00 $0.00
05-03-379-016 296 e EXEMPT 0 $0.00 $0.00 $0.00
05-03-379-021 294 e EXEMPT 0 $0.00 $0.00 $0.00
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United City of Yorkville
Special Services Area No.2004-107
(Raintree Village 2)
Levy Year 2012
2012 Special Tax Levy
Original Amount Amount
Land #of Amount to be to be
PIN Lot Unit Use Units Levied Abated Collected
05-03-379-026 293 e EXEMPT 0 $0.00 $0.00 $0.00
05-03-380-001 286 EXEMPT 0 $0.00 $0.00 $0.00
05-03-381-006 263 EXEMPT 0 $0.00 $0.00 $0.00
05-03-382-001 261 EXEMPT 0 $0.00 $0.00 $0.00
05-03-382-004 262 EXEMPT 0 $0.00 $0.00 $0.00
05-09-242-016 468 EXEMPT 0 $0.00 $0.00 $0.00
05-09-400-009 484 EXEMPT 0 $0.00 $0.00 $0.00
05-10-105-001 215 EXEMPT 0 $0.00 $0.00 $0.00
05-10-105-002 216 EXEMPT 0 $0.00 $0.00 $0.00
05-10-105-003 320 EXEMPT 0 $0.00 $0.00 $0.00
05-10-106-008 467 EXEMPT 0 $0.00 $0.00 $0.00
05-10-127-015 284 EXEMPT 0 $0.00 $0.00 $0.00
05-10-128-025 283 EXEMPT 0 $0.00 $0.00 $0.00
05-10-128-026 319 EXEMPT 0 $0.00 $0.00 $0.00
05-10-128-031 299 e EXEMPT 0 $0.00 $0.00 $0.00
Subtotal 0 $0.00 $0.00 $0.00
GRAND TOTALS 368 $748,636.00 $6,984.00 $741,652.00
(#of units) (maximum taxes) (taxes abated) (taxes levied)
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