[Added 1-11-2024]
The McLean County Supervisor of Assessments shall, under the authority granted in 35 ILCS 200/15-178(f)(5), annually assess and collect a fee for processing applications for the McLean County Supervisor of Assessments Affordable Rental Housing Program offering a reduction in assessed value of affordable rental housing in accordance with the following schedule:
A. 
The application fee for a property containing 12 or fewer rental dwelling units shall be $250.
B. 
The application fee for a property containing more than 12 rental dwelling units shall be $750.
The Supervisor of Assessments shall remit such fees to the County Treasurer not less than weekly.
The County Treasurer shall establish a special fund which will be designated the "Supervisor of Assessments Affordable Rental Housing Application Processing Fee" to which the fees collected pursuant to this article shall be deposited.
This special fund shall be used solely to offset the administrative expenses associated with the program.
This article shall have an effective date of January 1, 2024.