Yorkville officials are set to vote on the proposed 2013 tax levy and the sale of a parking lot to an area investor during Tuesday night's regular city council meeting at 7 p.m.
Yorkville officials are predicting a lower tax levy, with residents' property tax rates remaining much the same as the previous year. The estimated corporate and special purpose levy is $3,650,692, although the final number is expected to be lower.
What this means for residents is if someone paid $780 to the city in 2011 property taxes, but their property value fell 6 percent, which is the average drop in the city, that resident can expect to pay $778.
If a resident’s property value increased, their payment will increase up to $850 from $780.
If a property value stayed the same, the resident can expect to see his payment range from $780 to $832.
Imperial Investments and redevelop a parking lot behind the Cobblestone Building, on Van Emmon Street. The lot is about 1/10 of an acre. During a discussion of the proposal earlier this month the aldermen planned to move ahead on the sale as long as the contract included assurances the city can access to any infrastructure in the area if necessary.
Additionally Mayor Gary Golinski called for a special 6 p.m. meeting to discuss city recreation plans, following voters opposing a referendum for the city to buy the REC Center earlier this month.
Officials will likely discuss a plan to not only break ties with the REC Center, but will also likely address changes to winter recreation programs the city will offer.