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HomeMy WebLinkAboutOrdinance #1084ORDINANCE NO. 1084 AN ORDINANCE PROVIDING FOR THE USE OF PUBLIC BENEFIT TAX FUNDS IN THE PAYMENT OF CERTAIN PUBLIC IMPROVEMENTS IN CITY OF CANTON SPECIAL SERVICE AREA NUMBER THREE. (TO INCLUDE AREAS 3A THRU 3U) WHEREAS, certain public improvements, consisting generally of sidewalks, curbs and guttering, Yrave previously been made in City of Canton Special Service Area Three, to include Areas 3A through 3U; and, WHEREAS, the City of Canton ?gas previously borrowed $35,000.00 to finance such improvements; and, WHEREAS, it appears to the Lan~On City Council that the improvements made in ~aiu special service areas are at least 15~ in the public benefit; and, WHEREAS, an additional sum of approximately $4,534.80 is needed, as of December 1, 1985, to bring the City of Canton's financial obligations current with respect to said special service areas. 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 the foregoing recitals to be fact. 2. That the City Treasurer, City Clerk, and Mayor are here- by authorized and directed to utilize approximately $4,534.80 of Public Benefit Tax Funds to bring the City of Canton's financial obligations in said special service areas current as of December 1, 1985. 3. That nothing in this Resolution shall be construed to authorize or direct payment of over 15~ of the $35,000.00 project cost in said special service areas. 4. 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 6th. day of November 1985, upon a roll call vote as follows: AYES: Aldermen Chapman, May, Bohlen, Workman, Sarff, Falcone, Zilly, Kovachevich. NAYS: None. ABSENT: None. APPROVED: Donald E. Edwards, Mayor. ATTEST: Nan Whi es, City Clerk.