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1 | AN ACT concerning stormwater management.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Property Tax Code is amended by changing | ||||||
5 | Section 18-185 as follows: | ||||||
6 | (35 ILCS 200/18-185)
| ||||||
7 | Sec. 18-185. Short title; definitions. This Division 5 may | ||||||
8 | be cited as the
Property Tax Extension Limitation Law. As used | ||||||
9 | in this Division 5:
| ||||||
10 | "Consumer Price Index" means the Consumer Price Index for | ||||||
11 | All Urban
Consumers for all items published by the United | ||||||
12 | States Department of Labor.
| ||||||
13 | "Extension limitation" means (a) the lesser of 5% or the | ||||||
14 | percentage increase
in the Consumer Price Index during the | ||||||
15 | 12-month calendar year preceding the
levy year or (b) the rate | ||||||
16 | of increase approved by voters under Section 18-205.
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17 | "Affected county" means a county of 3,000,000 or more | ||||||
18 | inhabitants or a
county contiguous to a county of 3,000,000 or | ||||||
19 | more inhabitants.
| ||||||
20 | "Taxing district" has the same meaning provided in Section | ||||||
21 | 1-150, except as
otherwise provided in this Section. For the | ||||||
22 | 1991 through 1994 levy years only,
"taxing district" includes | ||||||
23 | only each non-home rule taxing district having the
majority of | ||||||
24 | its
1990 equalized assessed value within any county or counties | ||||||
25 | contiguous to a
county with 3,000,000 or more inhabitants. | ||||||
26 | Beginning with the 1995 levy
year, "taxing district" includes | ||||||
27 | only each non-home rule taxing district
subject to this Law | ||||||
28 | before the 1995 levy year and each non-home rule
taxing | ||||||
29 | district not subject to this Law before the 1995 levy year | ||||||
30 | having the
majority of its 1994 equalized assessed value in an | ||||||
31 | affected county or
counties. Beginning with the levy year in
| ||||||
32 | which this Law becomes applicable to a taxing district as
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| |||||||
1 | provided in Section 18-213, "taxing district" also includes | ||||||
2 | those taxing
districts made subject to this Law as provided in | ||||||
3 | Section 18-213.
| ||||||
4 | "Aggregate extension" for taxing districts to which this | ||||||
5 | Law applied before
the 1995 levy year means the annual | ||||||
6 | corporate extension for the taxing
district and those special | ||||||
7 | purpose extensions that are made annually for
the taxing | ||||||
8 | district, excluding special purpose extensions: (a) made for | ||||||
9 | the
taxing district to pay interest or principal on general | ||||||
10 | obligation bonds
that were approved by referendum; (b) made for | ||||||
11 | any taxing district to pay
interest or principal on general | ||||||
12 | obligation bonds issued before October 1,
1991; (c) made for | ||||||
13 | any taxing district to pay interest or principal on bonds
| ||||||
14 | issued to refund or continue to refund those bonds issued | ||||||
15 | before October 1,
1991; (d)
made for any taxing district to pay | ||||||
16 | interest or principal on bonds
issued to refund or continue to | ||||||
17 | refund bonds issued after October 1, 1991 that
were approved by | ||||||
18 | referendum; (e)
made for any taxing district to pay interest
or | ||||||
19 | principal on revenue bonds issued before October 1, 1991 for | ||||||
20 | payment of
which a property tax levy or the full faith and | ||||||
21 | credit of the unit of local
government is pledged; however, a | ||||||
22 | tax for the payment of interest or principal
on those bonds | ||||||
23 | shall be made only after the governing body of the unit of | ||||||
24 | local
government finds that all other sources for payment are | ||||||
25 | insufficient to make
those payments; (f) made for payments | ||||||
26 | under a building commission lease when
the lease payments are | ||||||
27 | for the retirement of bonds issued by the commission
before | ||||||
28 | October 1, 1991, to pay for the building project; (g) made for | ||||||
29 | payments
due under installment contracts entered into before | ||||||
30 | October 1, 1991;
(h) made for payments of principal and | ||||||
31 | interest on bonds issued under the
Metropolitan Water | ||||||
32 | Reclamation District Act to finance construction projects
| ||||||
33 | initiated before October 1, 1991; (i) made for payments of | ||||||
34 | principal and
interest on limited bonds, as defined in Section | ||||||
35 | 3 of the Local Government Debt
Reform Act, in an amount not to | ||||||
36 | exceed the debt service extension base less
the amount in items |
| |||||||
| |||||||
1 | (b), (c), (e), and (h) of this definition for
non-referendum | ||||||
2 | obligations, except obligations initially issued pursuant to
| ||||||
3 | referendum; (j) made for payments of principal and interest on | ||||||
4 | bonds
issued under Section 15 of the Local Government Debt | ||||||
5 | Reform Act; (k)
made
by a school district that participates in | ||||||
6 | the Special Education District of
Lake County, created by | ||||||
7 | special education joint agreement under Section
10-22.31 of the | ||||||
8 | School Code, for payment of the school district's share of the
| ||||||
9 | amounts required to be contributed by the Special Education | ||||||
10 | District of Lake
County to the Illinois Municipal Retirement | ||||||
11 | Fund under Article 7 of the
Illinois Pension Code; the amount | ||||||
12 | of any extension under this item (k) shall be
certified by the | ||||||
13 | school district to the county clerk; and (l) made to fund
| ||||||
14 | expenses of providing joint recreational programs for the | ||||||
15 | handicapped under
Section 5-8 of
the
Park District Code or | ||||||
16 | Section 11-95-14 of the Illinois Municipal Code.
| ||||||
17 | "Aggregate extension" for the taxing districts to which | ||||||
18 | this Law did not
apply before the 1995 levy year (except taxing | ||||||
19 | districts subject to this Law
in
accordance with Section | ||||||
20 | 18-213) means the annual corporate extension for the
taxing | ||||||
21 | district and those special purpose extensions that are made | ||||||
22 | annually for
the taxing district, excluding special purpose | ||||||
23 | extensions: (a) made for the
taxing district to pay interest or | ||||||
24 | principal on general obligation bonds that
were approved by | ||||||
25 | referendum; (b) made for any taxing district to pay interest
or | ||||||
26 | principal on general obligation bonds issued before March 1, | ||||||
27 | 1995; (c) made
for any taxing district to pay interest or | ||||||
28 | principal on bonds issued to refund
or continue to refund those | ||||||
29 | bonds issued before March 1, 1995; (d) made for any
taxing | ||||||
30 | district to pay interest or principal on bonds issued to refund | ||||||
31 | or
continue to refund bonds issued after March 1, 1995 that | ||||||
32 | were approved by
referendum; (e) made for any taxing district | ||||||
33 | to pay interest or principal on
revenue bonds issued before | ||||||
34 | March 1, 1995 for payment of which a property tax
levy or the | ||||||
35 | full faith and credit of the unit of local government is | ||||||
36 | pledged;
however, a tax for the payment of interest or |
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| |||||||
1 | principal on those bonds shall be
made only after the governing | ||||||
2 | body of the unit of local government finds that
all other | ||||||
3 | sources for payment are insufficient to make those payments; | ||||||
4 | (f) made
for payments under a building commission lease when | ||||||
5 | the lease payments are for
the retirement of bonds issued by | ||||||
6 | the commission before March 1, 1995 to
pay for the building | ||||||
7 | project; (g) made for payments due under installment
contracts | ||||||
8 | entered into before March 1, 1995; (h) made for payments of
| ||||||
9 | principal and interest on bonds issued under the Metropolitan | ||||||
10 | Water Reclamation
District Act to finance construction | ||||||
11 | projects initiated before October 1,
1991; (h-4) made for | ||||||
12 | stormwater management purposes by the Metropolitan Water | ||||||
13 | Reclamation District of Greater Chicago under Section 12 of the | ||||||
14 | Metropolitan Water Reclamation District Act; (i) made for | ||||||
15 | payments of principal and interest on limited bonds,
as defined | ||||||
16 | in Section 3 of the Local Government Debt Reform Act, in an | ||||||
17 | amount
not to exceed the debt service extension base less the | ||||||
18 | amount in items (b),
(c), and (e) of this definition for | ||||||
19 | non-referendum obligations, except
obligations initially | ||||||
20 | issued pursuant to referendum and bonds described in
subsection | ||||||
21 | (h) of this definition; (j) made for payments of
principal and | ||||||
22 | interest on bonds issued under Section 15 of the Local | ||||||
23 | Government
Debt Reform Act; (k) made for payments of principal | ||||||
24 | and interest on bonds
authorized by Public Act 88-503 and | ||||||
25 | issued under Section 20a of the Chicago
Park District Act for | ||||||
26 | aquarium or
museum projects; (l) made for payments of principal | ||||||
27 | and interest on
bonds
authorized by Public Act 87-1191 or | ||||||
28 | 93-601
this amendatory Act of the 93rd General
Assembly and (i) | ||||||
29 | issued pursuant to Section 21.2 of the Cook County Forest
| ||||||
30 | Preserve District Act, (ii) issued under Section 42 of the Cook | ||||||
31 | County
Forest Preserve District Act for zoological park | ||||||
32 | projects, or (iii) issued
under Section 44.1 of the Cook County | ||||||
33 | Forest Preserve District Act for
botanical gardens projects; | ||||||
34 | (m) made
pursuant
to Section 34-53.5 of the School Code, | ||||||
35 | whether levied annually or not;
(n) made to fund expenses of | ||||||
36 | providing joint recreational programs for the
handicapped |
| |||||||
| |||||||
1 | under Section 5-8 of the Park
District Code or Section 11-95-14 | ||||||
2 | of the Illinois Municipal Code;
and (o) made by the
Chicago | ||||||
3 | Park
District for recreational programs for the handicapped | ||||||
4 | under subsection (c) of
Section
7.06 of the Chicago Park | ||||||
5 | District Act.
| ||||||
6 | "Aggregate extension" for all taxing districts to which | ||||||
7 | this Law applies in
accordance with Section 18-213, except for | ||||||
8 | those taxing districts subject to
paragraph (2) of subsection | ||||||
9 | (e) of Section 18-213, means the annual corporate
extension for | ||||||
10 | the
taxing district and those special purpose extensions that | ||||||
11 | are made annually for
the taxing district, excluding special | ||||||
12 | purpose extensions: (a) made for the
taxing district to pay | ||||||
13 | interest or principal on general obligation bonds that
were | ||||||
14 | approved by referendum; (b) made for any taxing district to pay | ||||||
15 | interest
or principal on general obligation bonds issued before | ||||||
16 | the date on which the
referendum making this
Law applicable to | ||||||
17 | the taxing district is held; (c) made
for any taxing district | ||||||
18 | to pay interest or principal on bonds issued to refund
or | ||||||
19 | continue to refund those bonds issued before the date on which | ||||||
20 | the
referendum making this Law
applicable to the taxing | ||||||
21 | district is held;
(d) made for any
taxing district to pay | ||||||
22 | interest or principal on bonds issued to refund or
continue to | ||||||
23 | refund bonds issued after the date on which the referendum | ||||||
24 | making
this Law
applicable to the taxing district is held if | ||||||
25 | the bonds were approved by
referendum after the date on which | ||||||
26 | the referendum making this Law
applicable to the taxing | ||||||
27 | district is held; (e) made for any
taxing district to pay | ||||||
28 | interest or principal on
revenue bonds issued before the date | ||||||
29 | on which the referendum making this Law
applicable to the
| ||||||
30 | taxing district is held for payment of which a property tax
| ||||||
31 | levy or the full faith and credit of the unit of local | ||||||
32 | government is pledged;
however, a tax for the payment of | ||||||
33 | interest or principal on those bonds shall be
made only after | ||||||
34 | the governing body of the unit of local government finds that
| ||||||
35 | all other sources for payment are insufficient to make those | ||||||
36 | payments; (f) made
for payments under a building commission |
| |||||||
| |||||||
1 | lease when the lease payments are for
the retirement of bonds | ||||||
2 | issued by the commission before the date on which the
| ||||||
3 | referendum making this
Law applicable to the taxing district is | ||||||
4 | held to
pay for the building project; (g) made for payments due | ||||||
5 | under installment
contracts entered into before the date on | ||||||
6 | which the referendum making this Law
applicable to
the taxing | ||||||
7 | district is held;
(h) made for payments
of principal and | ||||||
8 | interest on limited bonds,
as defined in Section 3 of the Local | ||||||
9 | Government Debt Reform Act, in an amount
not to exceed the debt | ||||||
10 | service extension base less the amount in items (b),
(c), and | ||||||
11 | (e) of this definition for non-referendum obligations, except
| ||||||
12 | obligations initially issued pursuant to referendum; (i) made | ||||||
13 | for payments
of
principal and interest on bonds issued under | ||||||
14 | Section 15 of the Local Government
Debt Reform Act;
(j)
made | ||||||
15 | for a qualified airport authority to pay interest or principal | ||||||
16 | on
general obligation bonds issued for the purpose of paying | ||||||
17 | obligations due
under, or financing airport facilities | ||||||
18 | required to be acquired, constructed,
installed or equipped | ||||||
19 | pursuant to, contracts entered into before March
1, 1996 (but | ||||||
20 | not including any amendments to such a contract taking effect | ||||||
21 | on
or after that date); and (k) made to fund expenses of | ||||||
22 | providing joint
recreational programs for the handicapped | ||||||
23 | under Section 5-8 of
the
Park District Code or Section 11-95-14 | ||||||
24 | of the Illinois Municipal Code.
| ||||||
25 | "Aggregate extension" for all taxing districts to which | ||||||
26 | this Law applies in
accordance with paragraph (2) of subsection | ||||||
27 | (e) of Section 18-213 means the
annual corporate extension for | ||||||
28 | the
taxing district and those special purpose extensions that | ||||||
29 | are made annually for
the taxing district, excluding special | ||||||
30 | purpose extensions: (a) made for the
taxing district to pay | ||||||
31 | interest or principal on general obligation bonds that
were | ||||||
32 | approved by referendum; (b) made for any taxing district to pay | ||||||
33 | interest
or principal on general obligation bonds issued before | ||||||
34 | the effective date of
this amendatory Act of 1997;
(c) made
for | ||||||
35 | any taxing district to pay interest or principal on bonds | ||||||
36 | issued to refund
or continue to refund those bonds issued |
| |||||||
| |||||||
1 | before the effective date
of this amendatory Act of 1997;
(d) | ||||||
2 | made for any
taxing district to pay interest or principal on | ||||||
3 | bonds issued to refund or
continue to refund bonds issued after | ||||||
4 | the effective date of this amendatory Act
of 1997 if the bonds | ||||||
5 | were approved by referendum after the effective date of
this | ||||||
6 | amendatory Act of 1997;
(e) made for any
taxing district to pay | ||||||
7 | interest or principal on
revenue bonds issued before the | ||||||
8 | effective date of this amendatory Act of 1997
for payment of | ||||||
9 | which a property tax
levy or the full faith and credit of the | ||||||
10 | unit of local government is pledged;
however, a tax for the | ||||||
11 | payment of interest or principal on those bonds shall be
made | ||||||
12 | only after the governing body of the unit of local government | ||||||
13 | finds that
all other sources for payment are insufficient to | ||||||
14 | make those payments; (f) made
for payments under a building | ||||||
15 | commission lease when the lease payments are for
the retirement | ||||||
16 | of bonds issued by the commission before the effective date
of | ||||||
17 | this amendatory Act of 1997
to
pay for the building project; | ||||||
18 | (g) made for payments due under installment
contracts entered | ||||||
19 | into before the effective date of this amendatory Act of
1997;
| ||||||
20 | (h) made for payments
of principal and interest on limited | ||||||
21 | bonds,
as defined in Section 3 of the Local Government Debt | ||||||
22 | Reform Act, in an amount
not to exceed the debt service | ||||||
23 | extension base less the amount in items (b),
(c), and (e) of | ||||||
24 | this definition for non-referendum obligations, except
| ||||||
25 | obligations initially issued pursuant to referendum; (i) made | ||||||
26 | for payments
of
principal and interest on bonds issued under | ||||||
27 | Section 15 of the Local Government
Debt Reform Act;
(j)
made | ||||||
28 | for a qualified airport authority to pay interest or principal | ||||||
29 | on
general obligation bonds issued for the purpose of paying | ||||||
30 | obligations due
under, or financing airport facilities | ||||||
31 | required to be acquired, constructed,
installed or equipped | ||||||
32 | pursuant to, contracts entered into before March
1, 1996 (but | ||||||
33 | not including any amendments to such a contract taking effect | ||||||
34 | on
or after that date); and (k) made to fund expenses of | ||||||
35 | providing joint
recreational programs for the handicapped | ||||||
36 | under Section 5-8 of
the
Park District Code or Section 11-95-14 |
| |||||||
| |||||||
1 | of the Illinois Municipal Code.
| ||||||
2 | "Debt service extension base" means an amount equal to that | ||||||
3 | portion of the
extension for a taxing district for the 1994 | ||||||
4 | levy year, or for those taxing
districts subject to this Law in | ||||||
5 | accordance with Section 18-213, except for
those subject to | ||||||
6 | paragraph (2) of subsection (e) of Section 18-213, for the
levy
| ||||||
7 | year in which the referendum making this Law applicable to the | ||||||
8 | taxing district
is held, or for those taxing districts subject | ||||||
9 | to this Law in accordance with
paragraph (2) of subsection (e) | ||||||
10 | of Section 18-213 for the 1996 levy year,
constituting an
| ||||||
11 | extension for payment of principal and interest on bonds issued | ||||||
12 | by the taxing
district without referendum, but not including | ||||||
13 | excluded non-referendum bonds. For park districts (i) that were | ||||||
14 | first
subject to this Law in 1991 or 1995 and (ii) whose | ||||||
15 | extension for the 1994 levy
year for the payment of principal | ||||||
16 | and interest on bonds issued by the park
district without | ||||||
17 | referendum (but not including excluded non-referendum bonds)
| ||||||
18 | was less than 51% of the amount for the 1991 levy year | ||||||
19 | constituting an
extension for payment of principal and interest | ||||||
20 | on bonds issued by the park
district without referendum (but | ||||||
21 | not including excluded non-referendum bonds),
"debt service | ||||||
22 | extension base" means an amount equal to that portion of the
| ||||||
23 | extension for the 1991 levy year constituting an extension for | ||||||
24 | payment of
principal and interest on bonds issued by the park | ||||||
25 | district without referendum
(but not including excluded | ||||||
26 | non-referendum bonds). The debt service extension
base may be | ||||||
27 | established or increased as provided under Section 18-212.
| ||||||
28 | "Excluded non-referendum bonds" means (i) bonds authorized by | ||||||
29 | Public
Act 88-503 and issued under Section 20a of the Chicago | ||||||
30 | Park District Act for
aquarium and museum projects; (ii) bonds | ||||||
31 | issued under Section 15 of the
Local Government Debt Reform | ||||||
32 | Act; or (iii) refunding obligations issued
to refund or to | ||||||
33 | continue to refund obligations initially issued pursuant to
| ||||||
34 | referendum.
| ||||||
35 | "Special purpose extensions" include, but are not limited | ||||||
36 | to, extensions
for levies made on an annual basis for |
| |||||||
| |||||||
1 | unemployment and workers'
compensation, self-insurance, | ||||||
2 | contributions to pension plans, and extensions
made pursuant to | ||||||
3 | Section 6-601 of the Illinois Highway Code for a road
| ||||||
4 | district's permanent road fund whether levied annually or not. | ||||||
5 | The
extension for a special service area is not included in the
| ||||||
6 | aggregate extension.
| ||||||
7 | "Aggregate extension base" means the taxing district's | ||||||
8 | last preceding
aggregate extension as adjusted under Sections | ||||||
9 | 18-215 through 18-230.
| ||||||
10 | "Levy year" has the same meaning as "year" under Section
| ||||||
11 | 1-155.
| ||||||
12 | "New property" means (i) the assessed value, after final | ||||||
13 | board of review or
board of appeals action, of new improvements | ||||||
14 | or additions to existing
improvements on any parcel of real | ||||||
15 | property that increase the assessed value of
that real property | ||||||
16 | during the levy year multiplied by the equalization factor
| ||||||
17 | issued by the Department under Section 17-30, (ii) the assessed | ||||||
18 | value, after
final board of review or board of appeals action, | ||||||
19 | of real property not exempt
from real estate taxation, which | ||||||
20 | real property was exempt from real estate
taxation for any | ||||||
21 | portion of the immediately preceding levy year, multiplied by
| ||||||
22 | the equalization factor issued by the Department under Section | ||||||
23 | 17-30, and
(iii) in counties that classify in accordance with | ||||||
24 | Section 4 of Article
IX of the
Illinois Constitution, an | ||||||
25 | incentive property's additional assessed value
resulting from | ||||||
26 | a
scheduled increase in the level of assessment as applied to | ||||||
27 | the first year
final board of
review market value.
In addition, | ||||||
28 | the county clerk in a county containing a population of
| ||||||
29 | 3,000,000 or more shall include in the 1997
recovered tax | ||||||
30 | increment value for any school district, any recovered tax
| ||||||
31 | increment value that was applicable to the 1995 tax year | ||||||
32 | calculations.
| ||||||
33 | "Qualified airport authority" means an airport authority | ||||||
34 | organized under
the Airport Authorities Act and located in a | ||||||
35 | county bordering on the State of
Wisconsin and having a | ||||||
36 | population in excess of 200,000 and not greater than
500,000.
|
| |||||||
| |||||||
1 | "Recovered tax increment value" means, except as otherwise | ||||||
2 | provided in this
paragraph, the amount of the current year's | ||||||
3 | equalized assessed value, in the
first year after a | ||||||
4 | municipality terminates
the designation of an area as a | ||||||
5 | redevelopment project area previously
established under the | ||||||
6 | Tax Increment Allocation Development Act in the Illinois
| ||||||
7 | Municipal Code, previously established under the Industrial | ||||||
8 | Jobs Recovery Law
in the Illinois Municipal Code, or previously | ||||||
9 | established under the Economic
Development Area Tax Increment | ||||||
10 | Allocation Act, of each taxable lot, block,
tract, or parcel of | ||||||
11 | real property in the redevelopment project area over and
above | ||||||
12 | the initial equalized assessed value of each property in the
| ||||||
13 | redevelopment project area.
For the taxes which are extended | ||||||
14 | for the 1997 levy year, the recovered tax
increment value for a | ||||||
15 | non-home rule taxing district that first became subject
to this | ||||||
16 | Law for the 1995 levy year because a majority of its 1994 | ||||||
17 | equalized
assessed value was in an affected county or counties | ||||||
18 | shall be increased if a
municipality terminated the designation | ||||||
19 | of an area in 1993 as a redevelopment
project area previously | ||||||
20 | established under the Tax Increment Allocation
Development Act | ||||||
21 | in the Illinois Municipal Code, previously established under
| ||||||
22 | the Industrial Jobs Recovery Law in the Illinois Municipal | ||||||
23 | Code, or previously
established under the Economic Development | ||||||
24 | Area Tax Increment Allocation Act,
by an amount equal to the | ||||||
25 | 1994 equalized assessed value of each taxable lot,
block, | ||||||
26 | tract, or parcel of real property in the redevelopment project | ||||||
27 | area over
and above the initial equalized assessed value of | ||||||
28 | each property in the
redevelopment project area.
In the first | ||||||
29 | year after a municipality
removes a taxable lot, block, tract, | ||||||
30 | or parcel of real property from a
redevelopment project area | ||||||
31 | established under the Tax Increment Allocation
Development Act | ||||||
32 | in the Illinois
Municipal Code, the Industrial Jobs Recovery | ||||||
33 | Law
in the Illinois Municipal Code, or the Economic
Development | ||||||
34 | Area Tax Increment Allocation Act, "recovered tax increment | ||||||
35 | value"
means the amount of the current year's equalized | ||||||
36 | assessed value of each taxable
lot, block, tract, or parcel of |
| |||||||
| |||||||
1 | real property removed from the redevelopment
project area over | ||||||
2 | and above the initial equalized assessed value of that real
| ||||||
3 | property before removal from the redevelopment project area.
| ||||||
4 | Except as otherwise provided in this Section, "limiting | ||||||
5 | rate" means a
fraction the numerator of which is the last
| ||||||
6 | preceding aggregate extension base times an amount equal to one | ||||||
7 | plus the
extension limitation defined in this Section and the | ||||||
8 | denominator of which
is the current year's equalized assessed | ||||||
9 | value of all real property in the
territory under the | ||||||
10 | jurisdiction of the taxing district during the prior
levy year. | ||||||
11 | For those taxing districts that reduced their aggregate
| ||||||
12 | extension for the last preceding levy year, the highest | ||||||
13 | aggregate extension
in any of the last 3 preceding levy years | ||||||
14 | shall be used for the purpose of
computing the limiting rate. | ||||||
15 | The denominator shall not include new
property. The denominator | ||||||
16 | shall not include the recovered tax increment
value.
| ||||||
17 | (Source: P.A. 92-547, eff. 6-13-02; 93-601, eff. 1-1-04; | ||||||
18 | 93-606, eff. 11-18-03; 93-612, eff. 11-18-03; revised | ||||||
19 | 12-10-03.)
| ||||||
20 | Section 10. The Counties Code is amended by changing | ||||||
21 | Section 5-1062.1 as follows:
| ||||||
22 | (55 ILCS 5/5-1062.1) (from Ch. 34, par. 5-1062.1)
| ||||||
23 | Sec. 5-1062.1. Stormwater management planning councils in | ||||||
24 | Cook County.
| ||||||
25 | (a) Stormwater management in Cook County shall be conducted | ||||||
26 | as provided in Section 7h of the Metropolitan Water Reclamation | ||||||
27 | District Act. As used in this Section, "District" means the | ||||||
28 | Metropolitan Water Reclamation District of Greater Chicago.
| ||||||
29 | The purpose of this Section is to create planning councils, | ||||||
30 | organized by watershed, to contribute to the stormwater | ||||||
31 | management process by advising the Metropolitan Water | ||||||
32 | Reclamation District of Greater Chicago and representing the | ||||||
33 | needs and interests of the members of the public and the local | ||||||
34 | governments included within their respective watersheds.
allow |
| |||||||
| |||||||
1 | management and mitigation of
the effects of urbanization on | ||||||
2 | stormwater drainage in Cook County, and this
Section applies | ||||||
3 | only to Cook County. In addition, this Section is intended
to | ||||||
4 | improve stormwater and floodplain management in Cook County by | ||||||
5 | the
following:
| ||||||
6 | (1) Setting minimum standards for floodplain and | ||||||
7 | stormwater management.
| ||||||
8 | (2) Preparing plans for the management of floodplains | ||||||
9 | and stormwater
runoff, including the management of natural | ||||||
10 | and man-made drainage ways.
| ||||||
11 | (b) The purpose of this Section shall be achieved by the | ||||||
12 | following:
| ||||||
13 | (1) Creating 6 Stormwater management planning councils | ||||||
14 | shall be formed for each of the following
according
to the
| ||||||
15 | established watersheds of the Chicago Metropolitan Area: | ||||||
16 | North Branch
Chicago River, Lower Des Plaines Tributaries, | ||||||
17 | Cal-Sag Channel, Little Calumet
River, Poplar Creek, and | ||||||
18 | Upper Salt Creek. In addition a stormwater management
| ||||||
19 | planning council shall be established for the combined | ||||||
20 | sewer areas of Cook
County. Additional stormwater | ||||||
21 | management planning councils may be formed by
the District
| ||||||
22 | Stormwater Management Planning Committee for other | ||||||
23 | watersheds within Cook
County. Membership on the watershed | ||||||
24 | councils shall consist of the chief
elected official, or | ||||||
25 | his or her designee, from each
municipality and township | ||||||
26 | within the watershed and the Cook County Board
President, | ||||||
27 | or his or her designee, if unincorporated area is included | ||||||
28 | in the
watershed. A municipality or township shall be a | ||||||
29 | member of more than one
watershed council if the corporate | ||||||
30 | boundaries of that municipality , or township
extend
| ||||||
31 | entered into more than one watershed, or if the | ||||||
32 | municipality or township is
served in part by separate | ||||||
33 | sewers and combined sewers. Subcommittees of the
| ||||||
34 | stormwater management planning councils may be established | ||||||
35 | to assist the
stormwater management planning councils in | ||||||
36 | performing their duties
preparing and implementing a
|
| |||||||
| |||||||
1 | stormwater management plan . The councils may adopt bylaws | ||||||
2 | to govern the
functioning of the stormwater management | ||||||
3 | councils and subcommittees.
| ||||||
4 | (2) Creating, by intergovernmental agreement, a | ||||||
5 | county-wide Stormwater
Management Planning Committee with | ||||||
6 | its membership consisting of the
Chairman of each of the | ||||||
7 | watershed management councils, the Cook County
Board | ||||||
8 | President or his designee, and the Northeastern Illinois | ||||||
9 | Planning
Commission President or his designee.
| ||||||
10 | (c)
(3) The principal duties of the watershed planning | ||||||
11 | councils shall be to
advise the District on the development | ||||||
12 | and implementation of the countywide
develop a stormwater | ||||||
13 | management plan with respect to matters relating to their | ||||||
14 | respective watersheds and to advise and represent the | ||||||
15 | concerns of
for the watershed area and to
recommend the | ||||||
16 | plan for adoption to the units of local government in the
| ||||||
17 | watershed area. The councils shall meet at least quarterly | ||||||
18 | and shall hold
at least one public hearing during the | ||||||
19 | preparation of the plan. Adoption
of the watershed plan | ||||||
20 | shall be by each municipality in the watershed and by
vote | ||||||
21 | of the County Board.
| ||||||
22 | (d)
(4) The District
principal duty of the county-wide | ||||||
23 | Stormwater Management
Committee shall give careful | ||||||
24 | consideration to the recommendations and concerns of the | ||||||
25 | watershed planning councils throughout the planning | ||||||
26 | process and shall
be to coordinate the 6 watershed plans as | ||||||
27 | developed and to
coordinate the planning process with the | ||||||
28 | adjoining counties to ensure that
recommended stormwater | ||||||
29 | projects will have no significant adverse impact on the
| ||||||
30 | levels or flows of stormwater in the inter-county watershed | ||||||
31 | or on the
capacity of existing and planned stormwater | ||||||
32 | retention facilities. The District shall include cost | ||||||
33 | benefit analysis in its deliberations and in evaluating | ||||||
34 | priorities for projects from watershed to watershed. The
| ||||||
35 | District
committee shall identify in an annual published | ||||||
36 | report steps taken by the
District to accommodate the |
| |||||||
| |||||||
1 | concerns and recommendations of the watershed planning | ||||||
2 | councils.
committee to coordinate the development of plan | ||||||
3 | recommendations with
adjoining counties. The committee | ||||||
4 | shall also publish a coordinated
stormwater document of all | ||||||
5 | activity in the Cook County area and agreed upon
stormwater | ||||||
6 | planning standards.
| ||||||
7 | (5) The stormwater management planning committee shall | ||||||
8 | submit the
coordinated watershed plans to the Office of | ||||||
9 | Water Resources of the Department of Natural Resources and | ||||||
10 | to the
Northeastern Illinois Planning Commission for | ||||||
11 | review and recommendation.
The Office and the Commission, | ||||||
12 | in reviewing the plan,
shall consider those factors as | ||||||
13 | impact on the level or flows in the rivers and
streams and | ||||||
14 | the cumulative effects of stormwater discharges on flood | ||||||
15 | levels.
The review comments and recommendations shall be | ||||||
16 | submitted to the watershed
councils for consideration.
| ||||||
17 | (e)
(6) The stormwater management planning councils
| ||||||
18 | committee may recommend rules and
regulations to the | ||||||
19 | District
watershed councils governing the location, width,
| ||||||
20 | course, and release rates of all stormwater runoff | ||||||
21 | channels, streams, and
basins in their respective | ||||||
22 | watersheds
the county .
| ||||||
23 | (f)
(7) The Northwest Municipal Conference, the South | ||||||
24 | Suburban Mayors and
Managers Association, and the West | ||||||
25 | Central Municipal Conference shall be
responsible for the | ||||||
26 | coordination of the planning councils created under this | ||||||
27 | Section.
| ||||||
28 | (Source: P.A. 88-649, eff. 9-16-94; 89-445, eff. 2-7-96.)
| ||||||
29 | Section 15. The Metropolitan Water Reclamation District | ||||||
30 | Act is amended by adding Section 7h and by changing Section 12 | ||||||
31 | as follows: | ||||||
32 | (70 ILCS 2605/7h new)
| ||||||
33 | Sec. 7h. Stormwater management.
| ||||||
34 | (a) Stormwater management in Cook County shall be under the |
| |||||||
| |||||||
1 | general
supervision of the Metropolitan Water Reclamation | ||||||
2 | District of Greater
Chicago. The District has the authority to | ||||||
3 | plan, manage, implement, and
finance activities relating to | ||||||
4 | stormwater management in Cook County.
The authority of the | ||||||
5 | District with respect to stormwater management extends
| ||||||
6 | throughout Cook County and is not limited to the area otherwise | ||||||
7 | within the
territory and jurisdiction of the District under | ||||||
8 | this Act.
| ||||||
9 | For the purposes of this Section, the term "stormwater | ||||||
10 | management"
includes, without limitation, the management of | ||||||
11 | floods and floodwaters.
| ||||||
12 | (b) The District may utilize the resources of cooperating | ||||||
13 | local watershed
councils (including the stormwater management | ||||||
14 | planning councils created under
Section 5-1062.1 of the | ||||||
15 | Counties Code), councils of local governments, the
| ||||||
16 | Northeastern Illinois Planning Commission, and similar | ||||||
17 | organizations and
agencies. The District may provide those | ||||||
18 | organizations and agencies with
funding, on a contractual | ||||||
19 | basis, for providing information to the District,
providing | ||||||
20 | information to the public, or performing other activities | ||||||
21 | related
to stormwater management.
| ||||||
22 | The District, in addition to other powers vested in it, may | ||||||
23 | negotiate and enter into agreements with any county for the | ||||||
24 | management of stormwater runoff in accordance with subsection | ||||||
25 | (c) of Section 5-1062 of the Counties Code.
| ||||||
26 | The District may enter into intergovernmental agreements | ||||||
27 | with Cook County or
other units of local government that are | ||||||
28 | located in whole or in part outside
the District for the | ||||||
29 | purpose of implementing the stormwater management plan
and | ||||||
30 | providing stormwater management services in areas not included | ||||||
31 | within the
territory of the District.
| ||||||
32 | (c) The District shall prepare and adopt by ordinance a | ||||||
33 | countywide
stormwater management plan for Cook County. The | ||||||
34 | countywide plan may
incorporate one or more separate watershed | ||||||
35 | plans.
| ||||||
36 | Prior to adopting the countywide stormwater management |
| |||||||
| |||||||
1 | plan, the District
shall hold at least one public hearing | ||||||
2 | thereon and shall afford interested
persons an opportunity to | ||||||
3 | be heard.
| ||||||
4 | (d) The District may prescribe by ordinance reasonable | ||||||
5 | rules and regulations
for floodplain and stormwater management | ||||||
6 | and for governing the location, width,
course, and release rate | ||||||
7 | of all stormwater runoff channels, streams, and
basins in Cook | ||||||
8 | County, in accordance with the adopted stormwater management
| ||||||
9 | plan. These rules and regulations shall, at a minimum, meet the | ||||||
10 | standards
for floodplain management established by the Office | ||||||
11 | of Water Resources of the
Department of Natural Resources and | ||||||
12 | the requirements of the Federal Emergency
Management Agency for | ||||||
13 | participation in the National Flood Insurance Program.
| ||||||
14 | (e) The District may impose fees on areas outside the | ||||||
15 | District but within
Cook County to mitigate the effects of | ||||||
16 | increased stormwater runoff resulting
from new development. | ||||||
17 | The fees shall not exceed the cost of satisfying the
onsite | ||||||
18 | stormwater retention or detention requirements of the adopted | ||||||
19 | stormwater
management plan. The fees shall be used to finance | ||||||
20 | activities undertaken by
the District or units of local | ||||||
21 | government within the District to mitigate the
effects of urban | ||||||
22 | stormwater runoff by providing regional stormwater retention
| ||||||
23 | or detention facilities, as identified in the plan. All such | ||||||
24 | fees collected
by the District shall be held in a separate fund | ||||||
25 | and used for implementation of this Section.
| ||||||
26 | (f) Amounts realized from the tax levy for stormwater | ||||||
27 | management purposes
authorized in Section 12 may be used by the | ||||||
28 | District for implementing this
Section and for the development, | ||||||
29 | design, planning, construction, operation, and
maintenance of | ||||||
30 | regional stormwater facilities provided for in the stormwater
| ||||||
31 | management plan.
| ||||||
32 | The proceeds of any tax imposed under Section 12 for | ||||||
33 | stormwater management
purposes and any revenues generated as a | ||||||
34 | result of the ownership or operation
of facilities or land | ||||||
35 | acquired with the proceeds of taxes imposed under Section
12 | ||||||
36 | for stormwater management purposes shall be held in a separate |
| |||||||
| |||||||
1 | fund and used
either for implementing this Section or to abate | ||||||
2 | those taxes.
| ||||||
3 | (g) The District may plan, implement, finance, and operate | ||||||
4 | regional
stormwater management projects in accordance with the | ||||||
5 | adopted countywide
stormwater management plan.
| ||||||
6 | The District shall provide for public review and comment on | ||||||
7 | proposed
stormwater management projects. The District shall | ||||||
8 | conform to State and
federal requirements concerning public | ||||||
9 | information, environmental assessments,
and environmental | ||||||
10 | impacts for projects receiving State or federal funds.
| ||||||
11 | The District may issue bonds under Section 9.6a of this Act | ||||||
12 | for the
purpose of funding stormwater management projects.
| ||||||
13 | The District shall not use Cook County Forest Preserve | ||||||
14 | District land for
stormwater or flood control projects without | ||||||
15 | the consent of the Forest
Preserve District.
| ||||||
16 | (h) Upon the creation and implementation of a county | ||||||
17 | stormwater management
plan, the District may petition the | ||||||
18 | circuit court to dissolve any or all
drainage districts created | ||||||
19 | pursuant to the Illinois Drainage Code or
predecessor Acts that | ||||||
20 | are located entirely within the District.
| ||||||
21 | However, any active drainage district implementing a plan | ||||||
22 | that is consistent
with and at least as stringent as the county | ||||||
23 | stormwater management plan may
petition the District for | ||||||
24 | exception from dissolution. Upon filing of the
petition, the | ||||||
25 | District shall set a date for hearing not less than 2 weeks, | ||||||
26 | nor
more than 4 weeks, from the filing thereof, and the | ||||||
27 | District shall give at
least one week's notice of the hearing | ||||||
28 | in one or more newspapers of general
circulation within the | ||||||
29 | drainage district, and in addition shall cause a copy
of the | ||||||
30 | notice to be personally served upon each of the trustees of the | ||||||
31 | drainage
district. At the hearing, the District shall hear the | ||||||
32 | drainage district's
petition and allow the drainage district | ||||||
33 | trustees and any interested parties
an opportunity to present | ||||||
34 | oral and written evidence. The District shall render
its | ||||||
35 | decision upon the petition for exception from dissolution based | ||||||
36 | upon the
best interests of the residents of the drainage |
| |||||||
| |||||||
1 | district. In the event that
the exception is not allowed, the | ||||||
2 | drainage district may file a petition with
the circuit court | ||||||
3 | within 30 days of the decision. In that case, the notice
and | ||||||
4 | hearing requirements for the court shall be the same as | ||||||
5 | provided in this
subsection for the petition to the District. | ||||||
6 | The court shall render its
decision of whether to dissolve the | ||||||
7 | district based upon the best interests
of the residents of the | ||||||
8 | drainage district.
| ||||||
9 | The dissolution of a drainage district shall not affect the | ||||||
10 | obligation
of any bonds issued or contracts entered into by the | ||||||
11 | drainage district nor
invalidate the levy, extension, or | ||||||
12 | collection of any taxes or special
assessments upon the | ||||||
13 | property in the former drainage district. All property
and | ||||||
14 | obligations of the former drainage district shall be assumed | ||||||
15 | and managed
by the District, and the debts of the former | ||||||
16 | drainage district shall be
discharged as soon as practicable.
| ||||||
17 | If a drainage district lies only partly within the | ||||||
18 | District, the District may
petition the circuit court to | ||||||
19 | disconnect from the drainage district that
portion of the | ||||||
20 | drainage district that lies within the District. The property
| ||||||
21 | of the drainage district within the disconnected area shall be | ||||||
22 | assumed and
managed by the District. The District shall also | ||||||
23 | assume a portion of the
drainage district's debt at the time of | ||||||
24 | disconnection, based on the portion of
the value of the taxable | ||||||
25 | property of the drainage district which is located
within the | ||||||
26 | area being disconnected.
| ||||||
27 | A drainage district that continues to exist within Cook | ||||||
28 | County shall conform
its operations to the countywide | ||||||
29 | stormwater management plan.
| ||||||
30 | (i) The District may assume responsibility for maintaining | ||||||
31 | any stream
within Cook County.
| ||||||
32 | (j) The District may, after 10 days written notice to the | ||||||
33 | owner or
occupant, enter upon any lands or waters within the | ||||||
34 | county for the purpose
of inspecting stormwater facilities or | ||||||
35 | causing the removal of any obstruction
to an affected | ||||||
36 | watercourse. The District shall be responsible for any damages
|
| |||||||
| |||||||
1 | occasioned thereby.
| ||||||
2 | (k) The District shall report to the public annually on its | ||||||
3 | activities and
expenditures under this Section and the adopted | ||||||
4 | countywide stormwater
management plan.
| ||||||
5 | (l) The powers granted to the District under this Section | ||||||
6 | are in addition
to the other powers granted under this Act. | ||||||
7 | This Section does not limit the
powers of the District under | ||||||
8 | any other provision of this Act or any other law.
| ||||||
9 | (m) This Section does not affect the power or duty of any | ||||||
10 | unit of local
government to take actions relating to flooding | ||||||
11 | or stormwater, so long as those
actions conform with this | ||||||
12 | Section and the plans, rules, and ordinances adopted
by the | ||||||
13 | District under this Section.
| ||||||
14 | A home rule unit located in whole or in part in Cook County
| ||||||
15 | (other than a municipality with a population over 1,000,000)
| ||||||
16 | may not
regulate stormwater management or planning in Cook | ||||||
17 | County in a manner
inconsistent with this Section or the plans, | ||||||
18 | rules, and ordinances adopted by
the District under this | ||||||
19 | Section; provided, within a municipality with a
population over | ||||||
20 | 1,000,000, the stormwater management planning program of Cook
| ||||||
21 | County shall be conducted by that municipality or,
to the | ||||||
22 | extent provided in an intergovernmental agreement between the
| ||||||
23 | municipality and the District, by the District pursuant to this | ||||||
24 | Section;
provided further that the power granted to such | ||||||
25 | municipality shall not be
inconsistent with existing powers of | ||||||
26 | the District.
Pursuant to paragraph (i) of Section 6 of
Article | ||||||
27 | VII of the Illinois Constitution, this Section specifically | ||||||
28 | denies and
limits the exercise of any power that is | ||||||
29 | inconsistent with this Section by a
home rule unit that is a | ||||||
30 | county with a population of 1,500,000 or more or is
located, in | ||||||
31 | whole or in part, within such a county, other than a | ||||||
32 | municipality
with a population over 1,000,000.
| ||||||
33 | (70 ILCS 2605/12) (from Ch. 42, par. 332)
| ||||||
34 | Sec. 12. The board of commissioners annually may levy taxes | ||||||
35 | for
corporate purposes upon property within the territorial |
| |||||||
| |||||||
1 | limits of such
sanitary district, the aggregate amount of | ||||||
2 | which, exclusive of the
amount levied for (a) the payment of | ||||||
3 | bonded indebtedness and the
interest on bonded indebtedness (b) | ||||||
4 | employees' annuity and benefit
purposes (c) construction | ||||||
5 | purposes, and (d) for the purpose of
establishing and | ||||||
6 | maintaining a reserve fund for the payment of claims,
awards, | ||||||
7 | losses, judgments or liabilities which might be imposed on such
| ||||||
8 | sanitary district under the Workers' Compensation Act or the | ||||||
9 | Workers'
Occupational Diseases Act, and any claim in tort, | ||||||
10 | including but not
limited to, any claim imposed upon such | ||||||
11 | sanitary district under the
Local Governmental and | ||||||
12 | Governmental Employees Tort Immunity Act, and for
the repair or | ||||||
13 | replacement of any property owned by such sanitary
district | ||||||
14 | which is damaged by fire, flood, explosion, vandalism or any
| ||||||
15 | other peril, natural or manmade, shall not exceed the sum | ||||||
16 | produced by
extending the rate of
.46% for each of the years
| ||||||
17 | year 1979 through 2004 and by extending the rate of 0.41% for | ||||||
18 | the year 2005 and each year thereafter, upon the assessed
| ||||||
19 | valuation of all taxable property within the sanitary district | ||||||
20 | as
equalized and determined for State and local taxes. | ||||||
21 | In addition, for stormwater management purposes, including | ||||||
22 | but not limited to those provided in subsection (f) of Section | ||||||
23 | 7(h), the board of commissioners may levy taxes for the year | ||||||
24 | 2005 and each year thereafter at a rate not to exceed 0.05% of | ||||||
25 | the assessed valuation of all taxable property within the | ||||||
26 | District as equalized and determined for State and local taxes.
| ||||||
27 | And in addition
thereto, for construction purposes as | ||||||
28 | defined in Section 5.2 of this
Act, the board of commissioners | ||||||
29 | may levy taxes for the year 1985 and
each year thereafter which | ||||||
30 | shall be at a rate not to exceed .10%
of the assessed valuation | ||||||
31 | of all taxable property within the sanitary
district as | ||||||
32 | equalized and determined for State and local taxes. Amounts
| ||||||
33 | realized from taxes so levied for construction purposes shall | ||||||
34 | be limited
for use to such purposes and shall not be
available | ||||||
35 | for appropriation or used to defray the cost of repairs to or
| ||||||
36 | expense of maintaining or operating existing or future |
| |||||||
| |||||||
1 | facilities, but
such restrictions, however, shall not apply to | ||||||
2 | additions, alterations,
enlargements, and replacements which | ||||||
3 | will add appreciably to the value,
utility, or the useful life | ||||||
4 | of said facilities. Such rates shall be
extended against the | ||||||
5 | assessed valuation of the taxable property within
the corporate | ||||||
6 | limits as the same shall be assessed and equalized for the
| ||||||
7 | county taxes for the year in which the levy is made and said | ||||||
8 | board
shall cause the amount to be raised by taxation in each | ||||||
9 | year to be
certified to the county clerk on or before the | ||||||
10 | thirtieth day of March;
provided, however, that if during the | ||||||
11 | budget year the General Assembly
authorizes an increase in such | ||||||
12 | rates, the board of commissioners may
adopt a supplemental levy | ||||||
13 | and shall make such certification to the
County Clerk on or | ||||||
14 | before the thirtieth day of December.
| ||||||
15 | For the purpose of establishing and maintaining a reserve | ||||||
16 | fund for
the payment of claims, awards, losses, judgments or | ||||||
17 | liabilities which
might be imposed on such sanitary district | ||||||
18 | under the Workers'
Compensation Act or the Workers' | ||||||
19 | Occupational Diseases Act, and any
claim in tort, including but | ||||||
20 | not limited to, any claim imposed upon such
sanitary district | ||||||
21 | under the Local Governmental and Governmental
Employees Tort | ||||||
22 | Immunity Act, and for the repair or replacement, where
the cost | ||||||
23 | thereof exceeds the sum of $10,000, of any property owned by
| ||||||
24 | such sanitary district which is damaged by fire, flood, | ||||||
25 | explosion,
vandalism or any other peril, natural or man-made, | ||||||
26 | such sanitary
district may also levy annually upon all taxable | ||||||
27 | property within its
territorial limits a tax not to exceed | ||||||
28 | .005% of the assessed valuation
of said taxable property as | ||||||
29 | equalized and determined for State and local
taxes; provided, | ||||||
30 | however, the aggregate amount which may be accumulated
in such | ||||||
31 | reserve fund shall not exceed .05% of such assessed valuation.
| ||||||
32 | All taxes so levied and certified shall be collected and | ||||||
33 | enforced in
the same manner and by the same officers as State | ||||||
34 | and county taxes, and
shall be paid over by the officer | ||||||
35 | collecting the same to the treasurer
of the sanitary district, | ||||||
36 | in the manner and at the time provided by the
general revenue |
| |||||||
| |||||||
1 | law. No part of the taxes hereby authorized shall be
used by | ||||||
2 | such sanitary district for the construction of permanent, | ||||||
3 | fixed,
immovable bridges across any channel constructed under | ||||||
4 | the provisions of
this Act. All bridges built across such | ||||||
5 | channel shall not necessarily
interfere with or obstruct the | ||||||
6 | navigation of such channel, when the same
becomes a navigable | ||||||
7 | stream, as provided in Section 24 of this Act, but
such bridges | ||||||
8 | shall be so constructed that they can be raised, swung or
moved | ||||||
9 | out of the way of vessels, tugs, boats or other water craft
| ||||||
10 | navigating such channel. Nothing in this Act shall be so | ||||||
11 | construed as to
compel said district to maintain or operate | ||||||
12 | said bridges, as movable
bridges, for a period of 9 years from | ||||||
13 | and after the time when the water
has been turned into said | ||||||
14 | channel pursuant to law, unless the needs of
general navigation | ||||||
15 | of the Des Plaines and Illinois Rivers, when
connected by said | ||||||
16 | channel, sooner require it. In levying taxes the board
of | ||||||
17 | commissioners, in order to produce the net amount required by | ||||||
18 | the
levies for payment of bonds and interest thereon, shall | ||||||
19 | include an
amount or rate estimated to be sufficient to cover | ||||||
20 | losses in collection
of taxes, the cost of collecting taxes, | ||||||
21 | abatements in the amount of such
taxes as extended on the | ||||||
22 | collector's books and the amount of such taxes
collection of | ||||||
23 | which will be deferred; the amount so added for the
purpose of | ||||||
24 | producing the net amount required shall not exceed any
| ||||||
25 | applicable maximum tax rate or amount.
| ||||||
26 | (Source: P.A. 84-630.)
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27 | Section 99. Effective date. This Act takes effect upon | ||||||
28 | becoming law.
|