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HomeMy WebLinkAboutOrdinance #1032-Al ..rr~ ORDINANCE N0. ]~~ >1 AN ORDINANCE PROVIDING FOR THE USE OF PUBLIC BENEFIT TAX FUNDS IN THE CONSTRUCTION OF A NEW STREET, SIDEWALKS, AND APPURTENANCES OVER AND ACROSS THE SCRIPPS LOT. WHEREAS, City of Canton Tax Increment Area #1 Plan and Project, as amended, calls for the demolition of certain improve- ments in said tax increment area and construction of a new street and sidewalks; and, WHEREAS, the City of Canton has on hand the approximate sum of $31,000.00 in Public Benefit Tax funds which may be used for such project; and, WHEREAS, the Canton City Council has determined that it is necessary and in the best interest of the City of Canton to implement said Plan and Project. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CANTON, FULTON COUNTY, ILLINOIS, as follows: 1. That the Canton City Council hereby finds that the construction of a new street, sidewalks, and appurtenances over and across the Scripps Lot i5 50~ in the public interest. 2. That Public Benefit Tax funds not to exceed $10,000.00 now on hand are hereby appropriated and assessed to the construction of a new street, sidewalks, and appurtenances over and across the Scripps Lot, all in conformity with Tax Increment Area #1 Plan and Project, as amended, and, further, in conformity with specifications to be drawn by or under the supervision and control of the City Engineer. 3. That this Ordinance shall be in full force and effect immediately upon its passage by the City Council of the City of Canton, Fulton County, Illinois, and approval by the Mayor thereof. PASSED by the City Council of the City of Canton, Fulton County, Illinois at a regular meeting this 7fih day of August 1984, upon a roll call vote as follows: AYES: Aldermen Kovachevich, Hammond, Sarff, [^lorkman, Carl, May. NAYS: ABSENT: None. Aldermen Savill, Horr. APPROVED: Donald E. Edwards, Mayor ATTEST: a Na y Wh tes, City Clerk