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HomeMy WebLinkAboutOrdinance #1785~ ~ 1 ~ ti~ ORDINANCE NO. 1785 AN ORDINANCE PLACING ANON-HOME RULE MUNICIPAL RETAILERS AND SERVICE OCCUPATIONAL TAX OF '/Z OF 1% ON THE SALE OF TANGIBLE PERSONAL PROPERTY OTHER THAN FOOD AND MEDICINE PURCHASED AT RETAIL AND SALE OF SERVICE FROM A RETAILER AS DEFINED IN 65 ILCS 5/8-11-1.3 AND 11-1.4 WITHIN THE CITY OF CANTON, ILLINOIS FOR EXPENDITURE ON PUBLIC INFRASTRUCTURE AND PROPERTY TAX RELIEF. PROPOSITION TO BE SUBMITTED AT THE ELECTION TO BE HELD MARCH 16, 2004. WHEREAS, the City of Canton is authorized to impose a tax upon all persons engaged in the business of selling tangible personal property at retail in the municipality at the rate of `/2 of 1 % of the gross receipts from such sales made in the course of such business, such tax commonly known as the Municipal Retailer's Occupation Tax (65 ILCS 5/8-11-1.3); and, WHEREAS, the City of Canton is authorized to impose a tax upon all persons engaged, in such municipality, in the business of making sales of service at the rate of %2 of 1 % of the selling price of all tangible personal property transferred by such servicemen either in the form of tangible personal property or in the form of real estate as an incident to a sale of service, such tax commonly known as the Municipal Service Occupation Tax (65 ILCS 5/8-11-1.4); and, WHEREAS, the City of Canton does not have sufficient funds to provide funds to pay the costs of repair, maintenance, improvement and expansion of the City's public infrastructure system; and, WHEREAS, the citizens of Canton, visitors and the people of surrounding communities all benefit from the use of the City's public infrastructure; and, WHEREAS, it is in the City of Canton's best interest to generate revenue through additional sales tax, rather than increased real property taxes. WHEREAS, before such tax may be imposed, a proposition for the tax must be submitted to the electors of the City and further requires that before such tax may be imposed that such proposition be approved by a majority of those voting on the question; and, It is the intent that the City of Canton, Fulton County, Illinois, shall submit the following question to the public electorate at the election held March 16, 2004 regarding the imposition of certain taxes pursuant to the non-home rule municipal retailers occupation tax and non-home rule municipal services occupation tax act: THEREFORE, IT IS RESOLVED AND ORDERED by the City of Canton, Fulton County, Illinois that the City Clerk shall certify the question to the proper election authority, who shall submit the proposition at the March 16, 2004 Election in accordance with the General Election Law in substantially the following form: r~ ~'r SHALL THE CITY OF CANTON IMPOSE A MUNICIPAL RETAILERS AND SERVICE OCCUPATION TAX OF '/2 OF 1% ON THE SALE OF TANGIBLE PERSONAL PROPERTY OTHER THAN FOOD AND MEDICINE PURCHASED AT RETAIL AND SALE OF SERVICE FROM RETAILER AS DEFINED IN 65 ILCS 5/8-11-1.3 AND 11-1.4 WITHIN THE CITY OF CANTON, ILLINOIS FOR PROPERTY TAX RELIEF AND/OR PUBLIC INFRASTRUCTURE PROJECTS? YES NO PASSED by the City Council of the City of Canton, Fulton County, Illinois at a regular meeting this 2nd day of December , 2003, upon a roll call vote as follows: AYES: ~~ Hartford, Mollecl:., 'Jest, Sarff, Hann, Carl, Reed. NAYS: 'None. ABSENT: Al,derm~z Fillingham Attest: / ,~,; Nancy Whites, y Clerk Approved: -_____ Jerry M. Bohler, Mayor