Regular Village Board meetings are typically held at 7:00 p.m., the first three Tuesdays of each month in Council Chambers of Village Hall (room 201), 123 Madison St. When a Regular Meeting falls on a holiday, the meeting typically is held the following night. The Village Board also meets in special sessions from time to time. However, dates and times of Special Meetings can vary and may change.
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Type:
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Motion
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Status:
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Passed
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On agenda:
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2/6/2024
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Final action:
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2/6/2024
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Title:
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A Motion to Direct Village Staff to Draft for Village Board Consideration an Ordinance Amending the Oak Park Village Code to Adopt a Transient Occupancy Rental Unit Surcharge Tax in the Amount of 3.5% to be Allocated to the Affordable Housing Fund
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Submitted By
Ahmad M. Zayyad, Deputy Village Manager
Agenda Item Title
Title
A Motion to Direct Village Staff to Draft for Village Board Consideration an Ordinance Amending the Oak Park Village Code to Adopt a Transient Occupancy Rental Unit Surcharge Tax in the Amount of 3.5% to be Allocated to the Affordable Housing Fund
End
Overview
Overview
Village President Vicki Scaman has presented a motion which has been seconded by Trustee Lucia Robinson that Village staff draft for Board consideration an ordinance amending the Oak Park Village Code to adopt a transient occupancy rental unit surcharge tax in the amount of 3.5% to be allocated to the Affordable Housing Fund.
End
Anticipated Actions/Commitments
Recommendation
Possible adoption of the motion and consideration of an ordinance at a future Board meeting.
Report
President Scaman requests that staff draft an ordinance for the Board’s consideration that imposes a surcharge tax of 3.5% in addition to the Village’s current hotel/motel tax of 4% for the rental of transient occupancy rental units only.
DEI Impact
N/A
Alternatives
N/A
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