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Ordinance 1986-14 OP.h I'�DICE NO. d k% ORDI't4NCE .��E\_1I r ORDI'�1tiCE PROVIDING FOR TIC INCREASE OF 'M_ ILLINOIS I.RJ\ICIPAL UTILITY TA_N FRM', 4 TO 5 BE IT ORDAINED, BY THE CITY COUNCIL OF THE UNITED CITY OF THE VILLAGE OF YORKVILLE, K-EN)ALL COUNT', ILLINOIS: WHEREFORE, 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 ex--oenditure of said city do herebNr deem it in the best interest for the orderly administra- tion of the city to increase the Illinois Mjunacipal Utility Tax properly levied pursuant to Chapter 24, Section 8-11-2 of Illinois Revised Statutes (1985) from 40 to 50: 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 Minicipal Utility Tax as allowed to be assessed under Chapter 24, Section 8-11-2 of Illinois Revised Statutes from 4' to 50. 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 enuacinc in the business of distri - butin`-,, sun -1 furnishing or sell ink- gas for use or consu;rmtion i+-ithin -ne corporate llm tt� of the municlpallt`; shall De e_'-eete_- P'- said Increase. All utilities, persons ane Pu�-lneSses ena. aElp 1T t.�e . _: mess Of transmittinc. messages witnir the cornorate lir;:, - t.^.: ^-mil 1pallty shall be effected by said increase. The increased tax shall be based on the zross receipts actually paid to the tai: this tai:. 'This ordinance shall become effective a� cf 111`7 and the r�ro-,er certification b; �-irtue oT cow• o e �_- ance bein fur-n-she c to eac_. utility so effecter tr, it _�er _ _= Tited Ci tv of "-he Villa-e oI �orka-llle. Me increase iT i)owe: aCO:lt l On Of thl� ordinance shall De Tor ser\"1ceS rendered oi, o fter , 1986. IN hITNEESS WHEREOF, this Ordinance has been enacted this September, 1986. PASSED this a5-lfit day of September, 1986. ROBERT E. DAVIDSON, PIlvor APPRM'ED this -�5'M day of September, 1986. CIn, CLERK