The Hampshire village board unanimously approved an ordinance this week to dissolve the Village of Hampshire Special Service Area No. 5.
Special Service Area No. 5 was established in 1994 to fund the construction of a sanitary sewer main and conveyance system at Interstate 90 and Route 20.
“The bonds were paid off in October 2013,” said Hampshire Finance Director Lori Lyons. “There is no longer a need to levy for SSA No. 5.”
According to village officials, “the ongoing operation and maintenance of the sanitary sewer main and conveyance system is now and will in the future be funded by normal user fees and charges paid by the owners of the property located within the boundaries of SSA No. 5.”
The 1970 Illinois Constitutional Convention granted municipalities and counties the authority to establish a Special Service Area.
In the Fox Valley Area before the recession hit, many Special Service Areas were established in order to fund the infrastructure then needed for the growing number of residential and commercial developments. The Illinois Department of Revenue has documented more than 600 SSAs in Illinois.
Denise Moran is a freelance reporter for The Courier-News.
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