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Ordinance 1986-11 ORDINANCE NO. 1986- AN ORDINANCE PROVIDING FOR THE INCREASE OF THE ILLINOIS MUNICIPAL UTILITY TAX FROM 4% TO 50 BE IT ORDAINED, BY THE CITY COUNCIL OF THE UNITED CITY OF THE VILLAGE OF YORKVILLE, KENDALL COUNTY, ILLINOIS: WHEREAS, the Mayor and the City Council of the United City of the Village of Yorkville, upon the recommendation and request of the finance committee of said city and upon a careful review of the estimated receipts and expenditure of said city do hereby deem it in the best interest for the orderly administra- tion of the city to increase the Illinois Municipal Utility Tax properly levied pursuant to Chapted 24, Section 8-11-2 of Illinois Revised Statutes (1985) from 4% to 5%: NOW, THEREFORE, the City Council and the Mayor of the United City of the Village of Yorkville upon motion being duly made, seconded and approved hereby increase the Illinois Municipal Utility Tax as allowed to be assessed under Chapter 24, Section 8-11-2 of Illinois Revised Statutes from 4% to 5%. All utilities, persons and businesses engaging in the business of distri- buting, supplying, furnishing, or selling electricity for use or consumption within the corporate limits of the municipality shall be effected by said increase. All utilities, persons and businesses engaging in the business of distri- buting, supplying, furnishing, or selling gas for use or consumption within the corporate limits of the municipality shall be effected by said increase. All utilities, persons and businesses engaging in the business of transmitting messages within the corporate limits of the municipality shall be effected by said increase. This ordinance shall become effective as of October 1, 1986 and the proper certification by virtue of a certified copy of each ordinance being furnished to each utility so effected by the City Clerk of the United City of the Village of Yorkville. IN WITNESS WHEREOF, this Ordinance has been enacted this day of August, 1986. (�_Xx �"t 4 PASSED this I day of 1986. ROBERT E. DAVIDSON, JR. , May APPROVED this `; day of 1986. I CLERK