Ordinance 2005-037 STATE OF ILLINOIS )
) ss
COUNTY OF KENDALL )
ORDINANCE No. 2005 -
ORDINANCE AMENDING
UNITED CITY OF YORKVILLE LAND CASH ORDINANCE NO. 96-3,2003-12
and 2004 - 22
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. 1996 -3
and No. 2003 -12 (Section 1.C.5 -- Fair Market Value) to reflect a substantial increase in i
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 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 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 l .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 eighty thousand dollars
I,
and 00 /100 per acre ($80,OOOAcre) based upon the study of Thompson
Appraisals.
2. The Land Cash Valuation Analysis & Report prepared by Thompson
Appraisals dated March 25, 2005 is incorporated by reference herein.
3. To the extent that Ordinance 2004 — 22 has previously amended said
Section 1.C.5, this Ordinance shall supersede 2004 — 22 beginning with
the affective date of this Ordinance until such time as Section 1.C.5 may
be 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Ordinance are hereby repealed to the extent of such conflict.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 unconstitutional or invalid by a Court of competent jurisdiction,
the remainder of the Ordinance shall not be affected thereby.
IN WITNESS HEREOF, this Ordinance has been enacted this day o�
2005.
WANDA OHARE �� JOSEPH BESCO_
VALERIE BURD , ,� PAUL JAMES
LARRY KOT ,�, MARTY MUNNS_
ROSE SPEARS RICHARD STICKA
Approved by me, as Mayor of the United City of Yorkville, Kendall County,
Illinois, this "N „ Day of _ _ .Q , A.D. 2005.
MAYOR
Passed by the City Council of the United City of Yorkville, Kendall County,
Illinois this ;�,c day of _' 0 , A.D. 2005.
ATTEST: � �, � sa�,
U CITY CLERK
Prepared by:
John Justin Wyeth
City Attorney
United City of Yorkville
800 Game Farm Road
Yorkville, IL 60560