Ordinance 2020-66 19
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UNITED CITY OF YORKVILLE �o
KENDALL COUNTY, ILLINOIS Ire,oq�coG�9�
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ORDINANCE NO. 2020-66
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 24'day of November,2020
Published in pamphlet form by the
authority of the Mayor and City Council
of the United City of Yorkville,Kendall
County, Illinois on December 11,2020.
ORDINANCE NO.2020-66
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)
I
(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 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 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 2020 for the Bonds is $471,644.06 and the 2020
Levy for Special Taxes is$471,644.06(which complies with the Kendall County tax billing
Ordinance No.2020-66
Page 2
requirement of rounding the per parcel special tax up to the nearest even cent on single
family property).
Section 2. Of the$592,320.00 of Special Taxes levied for calendar year 2020 pursuant
to Section 6 of the Bond Ordinance $120,675.94 of such Special Taxes is hereby abated resulting
in a 2020 calendar year levy of$471,644.06.
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 2020 dated November
5, 2020 prepared by David Taussig & Associates, Inc. and the 2019 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.2020-66
Page 3
PASSED by the City Council of the City this November 24, 2020.
KEN KOCH ABSENT DAN TRANSIER AYE
JACKIE MILSCHEWSKI AYE ARDEN JOE PLOCHER AYE
CHRIS FUNKHOUSER AYE JOEL FRIEDERS AYE
SEAVER TARULIS AYE JASON PETERSON AYE
City Clerk
SIGNED by the Mayor this DECgm beg $ ' 2020.
12
Mayor
ATTEST:
City Clerk
Published in pamphlet form DECEM6Ek , 2020.
Ordinance No.2020-66
Page 4