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R-65-98 07/13/1998RESOLUTION R / RESOLUTION SUPPORTING PROPERTY TAX REFORM IN COOK COUNTY, ILLINOIS BY THE VILLAGE OF LEMONT, ILLINOIS WHEREAS, the Illinois property tax system is inefficient because it fails to provide adequate revenue to underwrite education and government services most needed for a productive economy; and WHEREAS, recent research and detailed surveys conducted by the Chicago Southland Chamber of Commerce prove that the extremely high real estate taxes in Cook County, Illinois are the nuber one reason businesses are leaving Illinois and Cook County or refusing to locate in this area; and WHEREAS, Cook County loses businesses to other states and to neighboring collar counties in Illinois because property taxes in Cook County are twice as high as in other counties in Illinois and in surrounding states; NOW THEREFORE, BE IT RESOLVED that the Village of Lemont supports reform of the real estate tax system to reduce reliance on property taxes to fund education and government services. PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL, AND DU PAGE, ILLINOIS, on this 13th day of July ,1998. AYJAS NAYS PASSED ABSENT ✓ v Barbara Buschman Keith Latz Connie Markiewicz Richard Rimbo Ralph Schobert Mary Studebaker Approved by me this 13th day of July , 19 CHARLENE SMOLLEN, Village Clerk ARLENE SMOLLEN, Village Clerk 98. Or : '. A. ' A' Village President RESOLUTION RESOLUTION SUPPORTING PROPERTY TAX REFORM IN COOK COUNTY, ILLINOIS BY THE VILLAGE OF LEMONT, ILLINOIS WHEREAS, the Illinois property tax system is inefficient because it fails to provide adequate revenue to underwrite education and government services most needed for a productive economy; and WHEREAS, recent research and detailed surveys conducted by the Chicago Southland Chamber of Commerce prove that the extremely high real estate taxes in Cook County, Illinois are the nuber one reason businesses are leaving Illinois and Cook County or refusing to locate in this area; and WHEREAS, Cook County loses businesses to other states and to neighboring collar counties in Illinois because property taxes in Cook County are twice as high as in other counties in Illinois and in surrounding states; NOW THEREFORE, BE IT RESOLVED that the Village of Lemont supports reform of the real estate tax system to reduce reliance on property taxes to fund education and government services. PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL, AND DU PAGE, ILLINOIS, on this 13th day of July ,1998. Barbara Buschman Keith Latz Connie Markiewicz Richard Rimbo Ralph Schobert Mary Studebaker AYES NAYS PASSED ABSENT CH 41T ENE SMOLLEN, Village Clerk Approved by me this 13th day of July , Att CHARLENE SMOLL N, Village Clerk Ti A.KI, Village President