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Home My WebLink AboutOrdinance #0706~ ~ ' /, ~ .s t ;'~ _ ' 1 ORDINANCE N0. ~ L- C" AN ORDINANCE PROPOSING THE ESTABLISHMENT OF A SPECIAL SERVICE AREA IN THE CITY OF CANTON AND PROVIDING FOR A PUBLIC HEARING AND OTHER PROCEDURES IN CONNECTION THEREWITH. WHEREAS, Chapter 120, Sections 1301 through 1311 of the Illinois Revised Statutes, 1977, as amended, authorizes the City of Canton, Illinois to establish a Special Service Area and to issue bonds payable from taxes as therein provided; and WHEREAS, the City Council of the City of Canton, Illinois has deter- mined that it is in the public interest that the creation of the area hereinafter described as a Special Service Area for the purposes set forth herein be considered. NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF CANTON, FIILTON COUNTY, ILLINOIS, AS FOLLOWS: Section 1. The City of Canton is authorized by Sections 1301 through 1311 of Chapter 120, Illinois Revised Statutes, 1977, as amended, to es- tablish a Special Service Area and to issue bonds payable from taxes as therein provided. Section 2. Findings. This City Council Finds: A. It is in the public interest that the creation of the area tterein- after described as a special service area for the purposes set forth herein be considered. B. That said area is compact and contiguous and is within the corporate boundaries of the City of Canton. C. That said area will benefit specially from the municipal services to be provided and that the proposed municipal services are in addition to municipal services provided to the City of Canton as a whole and it is, therefore, in the best interests of the City of Canton that the levy of special taxes against said area for the services to be provided be considered. Section 3. Public Hearing - Issuance of Bonds. That a public hearing shall be held on the 1st day of May, 1979, in the City Hall Council Chambers, 210 East Chestnut Street, Canton, Illinois, to consider the creation of Special Service Area Number Two of the City of Canton, in the territory described in the Notice set forth in Section 4 hereof. At the hearing, there will be considered the borrowing of Eight Thousand ($8,000.00) Dollars to pay part of the cost of reconstructing a section of North Eighth Avenue, including concrete curb and gutter with miscellaneous appurtenances in said Special Service Area. Said bonds are to be retired over not to exceed a ten (10) year period and to bear interest at a rate of not to exceed eight (8%) per cent per annum. Said bonds, if issued, shall be retired by the levy of a direct tax to pay the interest on such bonds as they fall due and to discharge the principal thereof at maturity. Said tax is to be levied upon all taxable property within the proposed Special Service Area, but all personal property shall be excluded from such taxation. Section 4. Notice of Hearing. Notice of hearing shall be published at least once not less than fifteen (15) days prior to the public hearing in one or more newspapers in general circulation in the City of Canton. In addition, notice by mailing shall be given by depositing said notice in the U.S. mails addressed to the person or persons in whose name the general taxes for the last preceding year were paid on each lot, block, tract or par- cel of land lying within the proposed Special Service Area. Said notice shall be mailed not less than ten (10) days prior to the time set for the public hearing. In the event taxes for the last preceding year were not paid, the Notice shall be sent to the person last listed on the tax rolls prior to that year as the owner of the property. The Notice shall be in substantially the following form: NOTICE OF HEARING CITY OF CANTON SPECIAL SERVICE AREA NUMBER TWO NOTICE IS HEREBY GIVEN that on May 1, 1979, at 7:10 P.M. in the City Hall Council Chambers, 210 East Chestnut Street, Canton, Illinois, a - 2 - r• hearing will be held by the Mayor and City Council of the City of Canton to consider forming a special service area consisting of the following described territory: Lots 26, 27, 28, 29, 30, 44, 45, 46, 47, 48 and 49 in Prospect Heights Addition to the City of Canton, in Fulton County, Illinois. The approximate street location of the territory is on North Eighth Avenue between the North curb line of East Birch Street and the South curb line of East Sycamore Street in the City of Canton, Illinois. An accurate map of said territory is on file in the office of the City Clerk and available for public inspection. All interested persons affected by the formation of Canton Special Service Area Number Two will be given an opportunity to be heard regarding the formation of and the boundaries of the special service area and may ob- sect to the formation of the area, the issuance of bonds and the levy of taxes affecting said area. The purpose of the formation of Canton Special Service Area Number Two in general is to provide special municipal services to the area, in- cluding, but not limited to, municipal services in connection with re- constructing a section of North Eighth Avenue, including concrete curb and gutter with miscellaneous appurtenances. The tax to retire general obligation bonds will be considered at the public hearing. The issuance of general obligation bonds in an amount not to exceed Eight Thousand (.$8,000.00) Dollars at an interest rate of not to exceed eight (.8%) per cent and to mature within ten (10) years, will be considered at the hearing, said bonds, if issued, shall be retired by the levy of a direct tax to pay the interest on such bonds as it falls due and to discharge the principal thereof at maturity, said tax to be levied upon all taxable property within the proposed special service area. At the hearing, all persons affected will be given an opportunity - 3 - i to be heard. The hearing may be adjourned by the City Council without further notice to another date without further notice other than a motion to be entered upon the minutes of its meeting fixing the time and place of its adjournment. If a petition signed by at least 51% of the electors residing within the special service area and by at least 51% of the owners of record of the land included within the boundaries of the special service area is filed with the City Clerk within 60 days following the final adjournment of the public hearing objecting to the creation of the special service district, the enlargement thereof, the levy or imposition of a tax or the issuance of bonds for the provision of special services to the area, no such district may be created or enlarged, or tax may be levied or imposed, or no such bonds may be issued. Dated this ~.~ ~~ day of ~-~,''l_~C ~/ 1979. j Nancy S. Whites City Clerk Section 5. This Ordinance shall be in full force and effect upon its passage by the City Council of the City of Canton, Illinois and approval by the Mayor thereof. PASSED by the City Council of the City of Canton, Illinois and APPROVED by the Mayor thereof this ~`~,~L-~ day of Q -Q~1,( ~ ~ 1979. i APPROVED: MAYOR HARLAN E. CROUCH ATTEST : G! ti '~ ~ ~~ - ~ ~ ~ l-~ ~ ~ , CITY CLERK N CY S. WHITES - 4 - ~ L'~ a r .~, . ~ ; 6 ~ n y' ~ ~ ! ' t Jos Qorton ll v w ¢ t r l ~ 88 &8.ro 6cs+ b~.Ae W r : ~ ~~ 2-: ~.& ~ SS i. V ' ~ : . ss.fe y4 E s ~ 4.n o~d .~ +9 .rc 0 a ~ •f~ •~s ~ ~ .ee < < .sr a,~ ` Bii'ti'h ~ -~ ~i ~ r~ .~,Z . .~~ . w ~/ < < ~ d3 r ~ ' '''° ` ,,,, `~ i ~_ ~r ~ ~s , CERTIF ICATE ~t- 2. ~ ~ ~ '~ ~ ; e c ~ ~ /o .~ ~. Lots 26, 27, 28, 29, 30, 44, 45, 46, 47, 48 and 49 in Prospect Heights Addition to the City of Canton, in Fulton County, Illinois. -_:a SURVEY PLAN' Q ~GOP.JON . 8 AU GaRDON P~ BRAUN SCALD': B R'~ T3Y 1"=250' • ~7ATE ~ - 3 - ~ 9 .~0~3 r~o. iLL. EG. LAND S VEYOR NU~18ER 2313 z_-- ~r