Ordinance 2006-091 STATE OF ILLINIOS )
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COUNTY OF KENDALL )
ORDINANCE NO. 2006 51
ORDINANCE AMENDING
UNITED CITY OF YORKVILLE LAND CASH ORDINANCE No. 96-3,2003-12,2004-22
and 2005 -37
WHEREAS, the United City of Yorkville, after careful consideration by the Mayor and
City Council has determined it necessary to amend Land Cash Ordinance No. 1993 -3 and No.
2003 -12 (Section 1.C.5- -Fair Market Value) to reflect a substantial increase in the fair market
value of improved residential real estate based upon a study prepared by a certified appraiser;
and,
WHEREAS, the United City of Yorkville, after careful consideration by the Mayor and
City Council has determined that it is in the best interests of the community to amend Land Cash
Ordinance No. 1996 -3 and No. 2003 -12 (Section 1.C.5- -Fair Market Value), and to the extent
that Ordinance No. 2004 -22 and Ordinance No. 2005 -37 amended Section 1.C.5- -Fair Market
Value, to amend that Ordinance as well.
NOW THEREFORE BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF
THE UNITED CITY OF YORKVILLE, upon Motion duly made, seconded and approved by a
majority of those so voting that:
1. Section I .C.5, Fair Market Value of the Land Cash Ordinance 1996 -3 and 2003-
12 are amended to reflect that the "Fair Market Value" for any parcel of
residential real property shall be deemed to be one hundred and one thousand
dollars and 00 /100 per acre ($101,000 acre) based upon the study by Thompson
Appraisals dated August 10, 2006.
2. The Land Cash Valuation Analysis and Report prepared by Thompson Appraisals
dated August 10, 2006 is incorporated by reference herein.
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3. To the extent that Ordinance 2005 -37 has previously amended said Section 1.C.5,
this Ordinance shall supercede 2005 -37 beginning with the affective date of this
Ordinance until such time as Section 1.C.5 maybe amended in the future.
4. Any Ordinance or parts thereof that conflict with the provisions of this Ordinance
are hereby repealed to the extent of such conflict.
5. The various parts, sections, clauses of this Ordinance are hereby declared to be
severable. If any part sentence, paragraph section, or clause is adjudged
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unconstitutional or invalid by a Court of competent jurisdiction, the remainder of
the Ordinance shall not be affected thereby.
IN WITNESS HEREFOR, this Ordinance has been enacted this 1� day o 2006.
JAMES BOCK .� JOSEPH BESCO .
VALERIE BURD _ PAUL JAMES
DEAN WOLFER r�O MARTY MUNNS 's
ROSE SPEARS JASON LESLIE
Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this
,a- Day of A.D. 2006.
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MAYO
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Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this
L a day of �$ A.D. 2006.
ATTEST: - - --
�-� CITY CLERK
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Prepared by:
John Justin Wyeth
City Attorney
United City of Yorkville
800 Game Farm Road
Yorkville, IL 60560
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