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5420 PROVIDING FOR AN ANNUAL ASSESSMENT UPON PROPERTY WITHIN THE WATER STREET SPECIAL ASSESSMENT MALL DISTRICT, TO PAY THE COST AND EXPENSES FOR THE OPERATION, UPKEEP, REPAIRS AND MAINTENANCE OF SAID PEDESTRIAN MALL
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5420 PROVIDING FOR AN ANNUAL ASSESSMENT UPON PROPERTY WITHIN THE WATER STREET SPECIAL ASSESSMENT MALL DISTRICT, TO PAY THE COST AND EXPENSES FOR THE OPERATION, UPKEEP, REPAIRS AND MAINTENANCE OF SAID PEDESTRIAN MALL
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10/25/2016 10:47:31 AM
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10/25/2016 10:47:31 AM
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Resolution/Ordinance
Res Ord Num
5420
Res Ord Title
PROVIDING FOR AN ANNUAL ASSESSMENT UPON PROPERTY WITHIN THE WATER STREET SPECIAL ASSESSMENT MALL DISTRICT, TO PAY THE COST AND EXPENSES FOR THE OPERATION, UPKEEP, REPAIRS AND MAINTENANCE OF SAID PEDESTRIAN MALL
Approved Date
1/18/1971
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. i . , u ` � . <br /> �r . . <br /> L � � ' <br /> operation of the pedestrian mall maintenance district shall be paid <br /> for by an annual assessment upon the commercial and business properr,y <br /> within the district, which costs and expenses shall be those that are <br /> necessary, convenient and desirable for the protection and preservation <br /> of said pedestrian mall, and the operation, upkeep, repairs, �eplacement <br /> and maintenance of said pedestrian mall and its componenf pa�ts, fixtures, <br /> equipment and facilities. <br /> 5ECTION V1. The Board of Commissioners shall determine <br /> and estimate the amount of costs and expenses required for said pedestrian <br /> mall maintenance district for any year hereafter, and shall file wi th the <br /> Circuit Court of Macon County, Illinois, a report of said expenses, and <br /> an assessment roll signed and certified to by the Chairman, to obtain any <br /> required funds for said costs and expenses. ' <br /> SECTION VII. The Board of Commissioners sl�all file a <br /> report of said costs and expenses and an assessment roll to obtain any <br /> necessary funds for the maintenance and operation of said pedestrian <br /> mal� maintenance district each year that said funds are required for a <br /> period of ten consecutive years, commencing with the year 1971 and <br /> ending with the year 1980, unless the annual assessments are continued <br /> beyond 1980 by consent of the owners of 66 2/3% of the frontage of private <br /> property within the district, in which event said annual assess�l�nents shall <br /> be continued beyond the year 1980. i <br /> SECTION VIII. Each annual assessment made hereunder <br /> by the Board of Commissioners shall be due and payable on January 2, <br /> in the year succeeding the confirmation of each annual assessment by the <br /> Circuit C �urt. <br />
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