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UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO. 2016-73
ORDINANCE ABATING SPECIAL SERVICE AREA TAXES
FOR SPECIAL SERVICE AREA NUMBER 2003-101
(WINDETT RIDGE PROJECT)AND
APPROVING THE AMENDED SPECIAL TAX ROLL
Passed by the City Council of the
United City of Yorkville,Kendall County, Illinois
This 22nd day of November, 2016
Published in pamphlet form by the
authority of the Mayor and City Council
of the United City of Yorkville,Kendall
County,Illinois on December 1, 2016.
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ORDINANCE NO. 2016- 73
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
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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
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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 2016 for the Bonds is $477,911.28
and the 2016 Levy for Special Taxes is $477,911.28 (which complies with the Kendall
Ordinance No.2016-73
Page 2
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 $653,997.00 of Special Taxes levied for calendar year 2016
pursuant to Section 6 of the Bond Ordinance $176,085.72 of such Special Taxes is hereby abated
resulting in a 2016 calendar year levy of$477,911.28.
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 2016 dated November
13, 2016 prepared by David Taussig& Associates, Inc. and the 2016 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.2016-13
Page 3
PASSED by the City Council of the City this 4OVEM!XE 01012016.
CARLO COLOSIMO �- KEN KOCH �e
JACKIE MILSCHEWSKI -ove LARRY KOT aye-
CHRIS FUNKHOUSER a1Vp JOEL FRIEDERS 0,ye
DIANE TEELING SEAVER TARULIS ave_
17EPv'cy City Clerk
SIGNED by the Mayor this 0V&K(5e2 010,'12016.
'Awjj�
Mayor
ATTEST:
-OapoTy City Clerk
Published in pamphlet form C: Z 66k�, 2016.
Ordinance No.2016-73
Page 4