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G-837 - 07/10/2007 - TAX - OrdinancesORDINANCE 2007- TX -S -G -837 AN ORDINANCE INCREASING THE MUNICIPAL RETAILERS' OCCUPATION TAX AND SERVICE OCCUPATION TAX AND AMENDING SECTIONS 5 -7 -1 AND 5 -7 -2 OF CHAPTER 7 (MUNICIPAL SALES TAXES) OF TITLE 5 (MUNICIPAL TAXES) OF THE VILLAGE CODE OF THE VILLAGE OF OAK BROOK, ILLINOIS WHEREAS, the Village of Oak Brook, by referendum held on April 17, 2007, submitted to the electors of the Village the question of whether the Village should impose an additional '/4 of 1 % of sales taxes pursuant to 65 ILCS 8 -11 -1 3 and 8 -11 -1 4, and WHEREAS, the majority of the electors of the Village voting in the general election answered in the affirmative, and WHEREAS, upon the successful passage of the referendum and pursuant to 65 ILCS 8 -11 -1 1, 8- 11 -1 3 and 8 -11 -1 4, the Village now may increase the Non -Home Rule Municipal Retailers' Occupation Tax and increase the Non -Home Rule Municipal Service Occupation Tax within the Village, NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows Section 1 That the words and numbers "one- fourth (1/4)" wherever they appear in Section 5 -7 -1 (Nonhome Rule Municipal Retailers' Occupation Tax) of Chapter 7 (Municipal Sales Taxes) of Title 5 (Municipal Tax) of the Village Code of the Village of Oak Brook be deleted therefrom and be replaced with the words and numbers "one -half (1/2)" Section 2 That the words and numbers "one- fourth (1/4)" wherever they appear in Section 5 -7 -2 (Nonhome Rule Service Occupation Tax) of Chapter 7 (Municipal Sales Taxes) of Title 5 (Municipal Tax) of the Village Code of the Village of Oak Brook be deleted therefrom and be replaced with the words and numbers "one -half (1/2)" Section 3 That per the above amendments in Sections 1 and 2 of this Ordinance, the combined sales tax rate in the Village of Oak Brook will increase from seven percent (7 %) to seven and one quarter percent (7 25 %), effective January 1, 2008 Section 4 The Village Clerk is hereby authorized and directed to file a certified copy of this Ordinance with the Illinois Department of Revenue on or before October 1, 2007 Section 5 This ordinance shall be in full force and effect from and after its passage, approval and publication as required by law Section 6 All ordinances or parts thereof in conflict with the provisions of this ordinance be and the same are hereby repealed to the extent of such conflict APPROVED THIS 10th day of July, 2007 John W Craig Village President Ordinance 2007-TX-S-G-837 Increasing Municipal Retailers' Occupation and Service Occupation Taxes Page 2 of 2 PASSED THIS 10th day of July, 2007 Ayes Trustees Carson, Kennedy, Manofsky, Saiyed, Sanford, and Wolin Nays None Absent No ATTEST N% 4U harlotte K Pruss illage Clerk C,