HomeMy WebLinkAboutS4-02 2002K089996 2D2JUL22 c931: 3C
RECORDER
State of Illinois )
County of Kane) ss.
City of Elgin )
CERTIFICATE OF CITY CLERK
I, Dolonna Mecum, DO HEREBY CERTIFY that I am the duly qualified City Clerk of
the City of Elgin, in the Counties of Kane and Cook in the State of Illinois, and that as such City
Clerk I am the keeper and custodian of the files and records of said City of Elgin and the seal
thereof
I DO FURTHER CERTIFY that the attached is a full, true, and correct copy of:
ORDINANCE NO. S4-02
AN ORDINANCE
ADOPTING TAX INCREMENT FINANCING FOR THE CITY OF ELGIN IN CONNECTION
WITH THE DESIGNATION OF THE ELGIN CENTRAL AREA TAX INCREMENT
FINANCING REDEVELOPMENT PROJECT AREA
passed by the Elgin City Council at its legally convened meeting held on April 10, 2002
In Witness Whereof, I have hereunto set my hand and affixed the corporate seal of the
City of Elgin at the said City in the County and State aforesaid this April 11, 2002
1-CC[tai✓
City Clerk
This document prepared by:
William A. Cogley After recording return to:
City of Elgin Elgin City Clerk
(SEAL) 150 Dexter Court 150 Dexter Court
Elgin, IL 60120 Elgin, IL 60120
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Ordinance No. S4-02
AN ORDINANCE
ADOPTING TAX INCREMENT FINANCING FOR THE CITY OF ELGIN IN
CONNECTION WITH THE DESIGNATION OF THE ELGIN CENTRAL AREA
TAX INCREMENT FINANCING REDEVELOPMENT PROJECT AREA
WHEREAS, it is desirable and for the best interests of the
citizens of the City of Elgin, Illinois (the "City" ) , for the City
to adopt tax increment financing pursuant to the Tax Increment
Allocation Redevelopment Act, 65 ILCS 5/11-74 .4-1, et seq. , as
amended (the "Act" ) ; and
WHEREAS, the City has heretofore approved a redevelopment plan
and project (the "Plan" and "Project" ) as required by the Act by
passage of an ordinance and has heretofore designated the Elgin
Central Area Tax Increment Redevelopment Project Area (the "Area" )
as required by the Act by the passage of an Ordinance and the City
has otherwise complied with all other conditions precedent required
by the Act .
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF ELGIN, ILLINOIS :
Section 1 . Tax Increment Financing Adopted. Tax increment
allocation financing is hereby adopted to pay redevelopment project
costs as defined in the Act and as set forth in the Plan and
Project within the Area as described in Exhibit "A" attached hereto
and incorporated herein as if set out in full by this reference.
The street location (as near as practicable) for the Area is
described in Exhibit "B" attached hereto and incorporated herein as
if set out in full by this reference . The map of the Area is
depicted on Exhibit "C" attached hereto and incorporated herein as
if set out in full by this reference .
Section 2 . Allocation of Ad Valorem Taxes . Pursuant to the
Act, the ad valorem taxes, if any, arising from the levies upon
taxable real property in the Area by taxing districts and tax rates
determined in the manner provided in Section 11-74 .4-9 (c) of the
Act each year after the effective date of this ordinance until the
Project costs and obligations issued in respect thereto have been
paid shall be divided as follows :
(a) That portion of taxes levied upon each taxable lot,
block, tract or parcel of real property which is attributable to
the lower of the current equalized assessed value or the initial
equalized assessed value of each such taxable lot, block, tract or
parcel of real property in the Area shall be allocated to and when
collected shall be paid by the county collector to the respective
affected taxing districts in the manner required by law in the
absence of the adoption of tax increment allocation financing.
(b) That portion, if any, of such taxes which is
attributable to the increase in the current equalized assessed
valuation of each lot, block, tract or parcel of real property in
the Area over and above the initial equalized assessed value of
each property in the Area shall be allocated to and when collected
shall be paid to the City of Elgin treasurer or to his/her designee
pursuant to Section 207A of the Revenue Act of 1939 of the State of
Illinois, as amended, who shall deposit said taxes into a special
fund, hereby created, and designated the "City of Elgin Central
Area Tax Increment Financing Redevelopment Project Area Special Tax
Allocation Fund" of the City and such taxes shall be used for the
purpose of paying Project costs and obligations incurred in the
payment thereof .
Section 3 . Invalidity of Any Section. If any section,
paragraph or provision of this ordinance shall be held to be
invalid or unenforceable for any reason, the invalidity or
unenforceability of such section, paragraph or provision shall not
affect any of the remaining provisions of this ordinance .
Section 4 . Superseder. That all ordinances or parts of
ordinances in conflict with the provisions of this ordinance be and
are hereby repealed.
Section 5 . Effective Date . That this ordinance shall be in
full force and effect immediately upon its passage in the manner
provided by law.
s/ Ed Schock
Ed Schock, Mayor
Presented: April 10 , 2002
Passed: April 10 , 2002
Vote : Yeas : 6 Nays : 0
Recorded: April 11, 2002
Published:
Attest :
s/ Dolonna Mecum
Dolonna Mecum, City Clerk
32
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EXHIBIT A
THOSE PARTS OF SECTIONS 11, 12 , 13 , 14 , 23 AND 24, TOWNSHIP 41
NORTH, RANGE 8 EAST OF THE THIRD PRINCIPAL MERIDIAN DESCRIBED AS
FOLLOWS : COMMENCING AT THE POINT OF INTERSECTION OF THE EASTERLY
RIGHT OF WAY LINE OF DUNDEE AVENUE WITH THE NORTHERLY RIGHT OF WAY
LINE OF CONGDON AVENUE, SAID POINT BEING THE POINT OF BEGINNING;
THENCE WESTERLY ALONG THE NORTHERLY RIGHT OF WAY LINE OF CONGDON
AVENUE TO THE INTERSECTION OF SAID NORTHERLY RIGHT OF WAY LINE WITH
THE WESTERLY RIGHT OF WAY LINE OF MORTON AVENUE; THENCE SOUTHERLY
ALONG THE WESTERLY RIGHT OF WAY LINE OF MORTON AVENUE TO THE
INTERSECTION OF SAID WESTERLY RIGHT OF WAY LINE WITH THE NORTHERLY
RIGHT OF WAY LINE OF COOPER AVENUE; THENCE WESTERLY ALONG THE
NORTHERLY RIGHT OF WAY LINE OF COOPER AVENUE TO THE INTERSECTION OF
SAID NORTHERLY RIGHT OF WAY LINE WITH THE WESTERLY RIGHT OF WAY
LINE OF DUNCAN AVENUE; THENCE SOUTHERLY ALONG THE WESTERLY RIGHT OF
WAY LINE OF DUNCAN AVENUE TO THE INTERSECTION OF SAID WESTERLY
RIGHT OF WAY LINE WITH THE NORTHERLY RIGHT OF WAY LINE OF SLADE
AVENUE; THENCE WESTERLY ALONG THE NORTHERLY RIGHT OF WAY LINE OF
SLADE AVENUE TO THE INTERSECTION OF SAID NORTHERLY RIGHT OF WAY
LINE WITH THE WESTERLY RIGHT OF WAY LINE OF BELLEVUE AVENUE; THENCE
SOUTHERLY ALONG THE WESTERLY RIGHT OF WAY LINE OF BELLEVUE AVENUE
TO THE INTERSECTION OF SAID WESTERLY RIGHT OF WAY LINE WITH THE
NORTHERLY RIGHT OF WAY LINE OF LINCOLN AVENUE; THENCE WESTERLY
ALONG THE NORTHERLY RIGHT OF WAY LINE OF LINCOLN AVENUE TO THE
INTERSECTION OF SAID NORTHERLY RIGHT OF WAY LINE WITH THE WESTERLY
RIGHT OF WAY LINE OF CEDAR AVENUE; THENCE SOUTHERLY ALONG THE
WESTERLY RIGHT OF WAY LINE OF CEDAR AVENUE TO THE INTERSECTION OF
SAID WESTERLY RIGHT OF WAY LINE WITH THE NORTHERLY RIGHT OF WAY
LINE OF LOVELL STREET; THENCE WESTERLY ALONG THE NORTHERLY RIGHT OF
WAY LINE OF LOVELL STREET TO THE INTERSECTION OF SAID NORTHERLY
RIGHT OF WAY LINE WITH THE WESTERLY RIGHT OF WAY LINE LOGAN AVENUE;
THENCE SOUTHERLY ALONG THE WESTERLY RIGHT OF WAY LINE OF LOGAN
AVENUE TO THE INTERSECTION OF SAID WESTERLY RIGHT OF WAY LINE WITH
THE NORTHERLY RIGHT OF WAY LINE OF JEFFERSON AVENUE; THENCE
WESTERLY ALONG THE NORTHERLY RIGHT OF WAY LINE OF JEFFERSON AVENUE
TO THE INTERSECTION OF SAID NORTHERLY RIGHT OF WAY LINE WITH THE
WESTERLY RIGHT OF WAY LINE EXTENDED NORTH OF MANN PLACE; THENCE
SOUTHERLY ALONG THE WESTERLY RIGHT OF WAY LINE OF MANN PLACE TO
THE INTERSECTION OF SAID WESTERLY RIGHT OF WAY LINE WITH THE NORTH
LINE OF COUNTY CLERK' S SUBDIVISION OF A PART OF BLOCK 26 OF P.J.
KIMBALL JR' S . 3RD ADDITION; THENCE WESTERLY ALONG SAID NORTH LINE
OF COUNTY CLERK' S SUBDIVISION OF A PART OF BLOCK 26 OF P.J. KIMBALL
JR' S . 3RD ADDITION TO A POINT ALONG SAID NORTH LINE, WHICH IS 173
FEET, MORE OR LESS, EAST THE INTERSECTION OF SAID NORTH LINE
EXTENDED WITH THE WESTERLY RIGHT OF WAY LINE OF ST. JOHN STREET;
THENCE CONTINUING SOUTH FROM THE LAST DESCRIBED POINT A DISTANCE OF
108 FEET, MORE OR LESS, TO A POINT WHICH IS173 FEET, MORE OR LESS,
EAST OF THE WESTERLY RIGHT OF WAY LINE OF ST. JOHN STREET; THENCE
CONTINUING WEST FROM THE LAST DESCRIBED POINT A DISTANCE OF 173
Li
FEET, MORE OR LESS, TO A POINT ALONG THE WESTERLY RIGHT OF WAY LINE
OF ST. JOHN STREET, WHICH IS 108 FEET, MORE OR LESS, NORTH OF THE
NORTHERLY RIGHT OF WAY LINE OF SUMMIT STREET; THENCE SOUTHERLY
ALONG THE WESTERLY RIGHT OF WAY LINE OF ST. JOHN STREET TO THE
INTERSECTION OF SAID WESTERLY RIGHT OF WAY LINE WITH THE NORTHERLY
RIGHT OF WAY LINE OF SUMMIT STREET; THENCE WESTERLY ALONG THE
NORTHERLY RIGHT OF WAY LINE OF SUMMIT STREET TO THE INTERSECTION OF
SAID NORTHERLY RIGHT OF WAY LINE WITH THE EASTERLY RIGHT OF WAY
LINE OF NORTH GROVE AVENUE; THENCE NORTHERLY ALONG THE EASTERLY
RIGHT OF WAY LINE OF NORTH GROVE AVENUE TO THE INTERSECTION OF SAID
EASTERLY RIGHT OF WAY LINE WITH THE NORTHERLY RIGHT OF WAY LINE OF
JEFFERSON STREET; THENCE WESTERLY ALONG THE NORTHERLY RIGHT OF WAY
LINE OF JEFFERSON STREET TO THE INTERSECTION OF SAID NORTHERLY
RIGHT OF WAY LINE WITH THE EASTERLY RIGHT OF WAY LINE OF THE FORMER
CHICAGO AND NORTHWEST RAILROAD (NOW ABANDONED) ; THENCE NORTHERLY
ALONG THE EASTERLY RIGHT OF WAY OF THE FORMER CHICAGO AND NORTHWEST
RAILROAD TO THE INTERSECTION OF SAID EASTERLY RIGHT OF WAY LINE
WITH THE NORTHERLY RIGHT OF WAY LINE OF GRANT AVENUE; THENCE
NORTHWESTERLY TO THE NORTHEAST CORNER OF LOT 8 IN LOVELL' S
ADDITION; THENCE WESTERLY ALONG THE NORTH LINE OF SAID LOT 8 TO THE
EAST SHORELINE OF THE FOX RIVER; THENCE SOUTHERLY ALONG SAID EAST
SHORELINE OF THE FOX RIVER TO A POINT OF INTERSECTION WITH THE
NORTHERLY RIGHT OF WAY LINE OF JERUSHA AVENUE, EXTENDED EAST; THE
WESTERLY ALONG SAID EXTENDED NORTHERLY RIGHT OF WAY LINE OF JERUSHA
AVENUE TO THE SOUTHWEST CORNER OF LOT 13 IN BLOCK 5 OF SADLER' S
ADDITION; THENCE NORTHERLY ALONG THE WEST LINE EXTENDED, OF SAID
LOT 13 TO THE NORTHWEST CORNER OF LOT 6 IN BLOCK 5 OF SADLER' S
ADDITION; THENCE EASTERLY ALONG THE NORTHERLY LINE OF SAID BLOCK 5
(BEING ALSO THE SOUTHERLY RIGHT OF WAY LINE OF BELLE AVENUE) TO THE
NORTHWEST CORNER OF LOT 9 IN BLOCK 6 OF SADLER' S ADDITION (BEING
ALSO A POINT ALONG THE EASTERLY RIGHT OF WAY LINE OF MABEL STREET) ;
THENCE NORTHERLY ALONG SAID EASTERLY RIGHT OF WAY LINE EXTENDED OF
MABEL STREET TO THE NORTHEAST CORNER OF THE RIGHT OF WAY OF BIG
TIMBER COURT; THENCE WESTERLY ALONG THE NORTHERLY RIGHT OF WAY LINE
EXTENDED OF BIG TIMBER COURT TO A POINT OF INTERSECTION WITH THE
WESTERLY RIGHT OF WAY LINE OF STATE STREET (ILLINOIS STATE
ROUTE 31) ; THENCE SOUTHERLY ALONG SAID WESTERLY RIGHT OF WAY LINE
OF STATE STREET TO A POINT OF INTERSECTION WITH THE WESTERLY RIGHT
OF WAY LINE OF THE CHICAGO, MINNEAPOLIS, ST. PAUL AND PACIFIC
RAILROAD; THENCE SOUTHERLY ALONG SAID WESTERLY RIGHT OF WAY LINE OF
THE CHICAGO, MINNEAPOLIS, ST. PAUL AND PACIFIC RAILROAD TO A POINT
OF INTERSECTION WITH THE NORTHERLY LINE EXTENDED EAST, OF WEST PARK
ADDITION; THENCE WESTERLY ALONG SAID NORTHERLY LINE EXTENDED OF
WEST PARK ADDITION TO THE POINT OF INTERSECTION WITH EASTERLY RIGHT
OF WAY LINE OF THE CHICAGO, MINNEAPOLIS, ST. PAUL AND PACIFIC
RAILROAD; THENCE SOUTHERLY ALONG SAID WESTERLY RIGHT OF WAY LINE OF
THE CHICAGO, MINNEAPOLIS, ST. PAUL AND PACIFIC RAILROAD TO A POINT
OF INTERSECTION ALONG THE NORTHERLY RIGHT OF WAY LINE OF LAWRENCE
AVENUE; THENCE WESTERLY ALONG SAID NORTHERLY RIGHT OF WAY LINE OF
LAWRENCE AVENUE TO A POINT OF INTERSECTION ALONG THE WESTERLY RIGHT
OF WAY LINE OF JACKSON STREET; THENCE SOUTHERLY ALONG SAID WESTERLY
RIGHT OF WAY LINE OF JACKSON STREET TO A POINT OF INTERSECTION
ALONG THE SOUTHERLY RIGHT OF WAY LINE OF MILL STREET; THENCE
EASTERLY ALONG SAID SOUTHERLY RIGHT OF WAY LINE OF MILL STREET TO
A POINT ALONG THE WESTERLY RIGHT OF WAY LINE OF CRYSTAL AVENUE;
THENCE SOUTHERLY ALONG SAID WESTERLY RIGHT OF WAY LINE OF CRYSTAL
AVENUE TO A POINT ALONG THE NORTHERLY RIGHT OF WAY LINE OF LOCUST
STREET; THENCE WESTERLY ALONG SAID NORTHERLY RIGHT OF WAY LINE OF
LOCUST STREET TO A POINT ALONG THE WESTERLY RIGHT OF WAY LINE OF
PERRY STREET; THENCE SOUTHERLY ALONG SAID WESTERLY LINE OF PERRY
STREET TO A POINT ALONG THE SOUTHERLY RIGHT OF WAY LINE OF CROSBY
STREET; THENCE EASTERLY ALONG SAID SOUTHERLY RIGHT OF WAY LINE OF
CROSBY STREET TO A POINT ALONG THE WESTERLY RIGHT OF WAY LINE OF
ELM STREET; THENCE SOUTHERLY ALONG SAID WESTERLY RIGHT OF WAY LINE
OF ELM STREET TO A POINT ALONG THE NORTH LINE EXTENDED WEST OF
B. W. RAYMOND' S 2m ADDITION; THENCE EASTERLY ALONG SAID NORTH LINE
OF B.W. RAYMOND' S 2m ADDITION TO A POINT ALONG THE WESTERLY RIGHT
OF WAY LINE OF WOODWARD STREET; THENCE SOUTHERLY ALONG SAID
WESTERLY LINE OF WOODWARD STREET TO A POINT ALONG THE SOUTHERLY
RIGHT OF WAY LINE OF STANDISH STREET; THENCE EASTERLY ALONG SAID
SOUTHERLY RIGHT OF WAY LINE OF STANDISH STREET TO A POINT OF
INTERSECTION ALONG THE WESTERLY RIGHT OF WAY LINE OF ELY STREET;
THENCE SOUTHERLY ALONG SAID WESTERLY RIGHT OF WAY LINE OF ELY
STREET TO A POINT OF INTERSECTION ALONG THE NORTHERLY RIGHT OF WAY
LINE OF WALNUT AVENUE; THENCE WESTERLY ALONG SAID NORTHERLY RIGHT
OF WAY LINE OF WALNUT AVENUE TO A POINT OF INTERSECTION ALONG THE
WESTERLY RIGHT OF WAY LINE OF BILLINGS STREET; THENCE SOUTHERLY
ALONG SAID WESTERLY RIGHT OF WAY LINE OF BILLINGS STREET TO A POINT
OF INTERSECTION ALONG THE SOUTHERLY RIGHT OF WAY LINE OF OAK
STREET; THENCE EASTERLY ALONG SAID SOUTHERLY RIGHT OF WAY LINE OF
OAK STREET TO A POINT OF INTERSECTION ALONG THE EASTERLY RIGHT OF
WAY LINE OF GRISWOLD STREET; THENCE NORTHERLY ALONG SAID EASTERLY
RIGHT OF WAY LINE OF GRISWOLD STREET TO A POINT OF INTERSECTION
ALONG THE SOUTHERLY RIGHT OF WAY LINE OF WASHBURN STREET; THENCE
EASTERLY ALONG SAID SOUTHERLY RIGHT OF WAY LINE OF WASHBURN STREET
TO A POINT OF INTERSECTION ALONG THE WESTERLY RIGHT OF WAY LINE OF
HENDEE STREET; THENCE SOUTHERLY ALONG SAID WESTERLY RIGHT OF WAY
LINE OF HENDEE STREET TO A POINT OF INTERSECTION ALONG THE
SOUTHERLY RIGHT OF WAY LINE OF HARDING STREET; THENCE EASTERLY
ALONG SAID SOUTHERLY RIGHT OF WAY OF HARDING STREET EXTENDED TO A
POINT OF INTERSECTION ALONG THE WESTERLY RIGHT OF WAY LINE OF THE
CHICAGO, MINNEAPOLIS, ST. PAUL AND PACIFIC RAILROAD; THENCE
SOUTHERLY ALONG SAID WESTERLY RIGHT OF WAY LINE TO A POINT OF
INTERSECTION WITH THE SOUTHERLY RIGHT OF WAY LINE OF LAKE STREET
(U. S . ROUTE 20) ; THENCE EASTERLY ALONG THE SOUTHERLY RIGHT OF WAY
LINE OF LAKE STREET TO A POINT OF INTERSECTION WITH THE EASTERLY
RIGHT OF WAY LINE OF THE CHICAGO AND NORTHWESTERN RAILROAD; THE
NORTHERLY ALONG SAID EASTERLY RIGHT OF WAY LINE OF THE CHICAGO
NORTHWESTERN RAILROAD TO A POINT OF INTERSECTION WITH THE SOUTHERLY
RIGHT OF WAY LINE OF HASTING STREET; THENCE EASTERLY ALONG SAID
SOUTHERLY RIGHT OF WAY LINE OF HASTING STREET TO A POINT OF
INTERSECTION WITH THE EASTERLY RIGHT OF WAY LINE OF WELLINGTON
AVENUE EXTENDED; THENCE NORTHERLY ALONG SAID EASTERLY RIGHT OF WAY
LINE OF WELLINGTON AVENUE TO A POINT OF INTERSECTION ALONG THE
SOUTHERLY RIGHT OF WAY LINE OF WATCH STREET; THENCE EASTERLY ALONG
SAID SOUTHERLY RIGHT OF WAY LINE OF WATCH STREET TO A POINT OF
INTERSECTION ALONG THE EASTERLY RIGHT OF WAY LINE OF ST. CHARLES
STREET; THENCE NORTHERLY ALONG SAID EASTERLY RIGHT OF WAY LINE OF
ST. CHARLES STREET TO A POINT OF INTERSECTION ALONG THE NORTHERLY
RIGHT OF WAY LINE OF VILLA STREET; THENCE WESTERLY ALONG SAID
NORTHERLY RIGHT OF WAY LINE OF VILLA STREET TO A POINT OF
INTERSECTION ALONG THE EASTERLY RIGHT OF WAY LINE OF CHANNING
STREET; THENCE NORTHERLY ALONG SAID EASTERLY RIGHT OF WAY LINE OF
CHANNING STREET TO THE NORTHWEST CORNER OF J. H. AND F. GIFFORD' S
ADDITION; THENCE EASTERLY ALONG THE NORTH LINE EXTENDED OF SAID
J. H. AND F. GIFFORD' S ADDITION (ALSO THE SOUTH LINE OF CHANNING
SCHOOL) TO THE SOUTHWEST CORNER OF MILTON TOWNSEND' S SUBDIVISION;
THENCE NORTHERLY ALONG THE WESTERLY LINE EXTENDED OF SAID MILTON
TOWNSEND' S SUBDIVISION (ALSO THE EAST LINE OF CHANNING SCHOOL) TO
THE SOUTHEAST CORNER OF LOT 270 IN COUNTY CLERK' S SUBDIVISION; THE
WESTERLY ALONG SAID SOUTHERLY LINE EXTENDED OF LOT 270 IN COUNTY
CLERK' S SUBDIVISION TO A POINT OF INTERSECTION ALONG THE EASTERLY
RIGHT OF WAY LINE OF CHANNING STREET (ALSO THE NORTH LINE CHANNING
SCHOOL) ; THENCE NORTHERLY ALONG SAID EASTERLY RIGHT OF WAY LINE OF
CHANNING STREET TO A POINT OF INTERSECTION ALONG THE SOUTHERLY
RIGHT OF WAY LINE OF PARK STREET; THENCE EASTERLY ALONG SAID
SOUTHERLY RIGHT OF WAY LINE OF PARK STREET TO A POINT OF
INTERSECTION ALONG THE EASTERLY RIGHT OF WAY LINE OF HILL AVENUE;
THENCE NORTHERLY ALONG SAID EASTERLY RIGHT OF WAY LINE OF HILL
AVENUE TO A POINT OF INTERSECTION WITH THE SOUTHERLY RIGHT OF WAY
LINE FRANKLIN STREET; THENCE EASTERLY ALONG SAID SOUTHERLY RIGHT OF
WAY LINE OF FRANKLIN STREET TO A POINT OF INTERSECTION WITH THE
CENTER LINE OF VACATED PORTER STREET; THENCE NORTHERLY ALONG SAID
CENTER LINE OF VACATED PORTER STREET TO A POINT OF INTERSECTION
WITH THE SOUTHERLY LINE OF BLOCK 3 IN P. MANN' S ADDITION; THENCE
EASTERLY ALONG SAID SOUTHERLY LINE OF BLOCK 3 IN P. MANN' S ADDITION
TO THE SOUTHEAST CORNER OF LOT 6 IN SAID BLOCK 3 ; THE NORTHERLY
ALONG THE EASTERLY LINE EXTENDED OF SAID LOT 6 TO A POINT OF
INTERSECTION WITH THE NORTHERLY RIGHT OF WAY OF ANN STREET; THENCE
WESTERLY ALONG SAID NORTHERLY RIGHT OF WAY OF ANN STREET TO A POINT
OF INTERSECTION ALONG THE EASTERLY RIGHT OF WAY OF HILL AVENUE;
THENCE NORTHERLY ALONG SAID EASTERLY RIGHT OF WAY LINE OF HILL
AVENUE TO A POINT OF INTERSECTION ALONG THE SOUTHERLY RIGHT OF WAY
LINE OF CHESTER AVENUE; THENCE EASTERLY ALONG SAID SOUTHERLY RIGHT
OF WAY LINE OF CHESTER AVENUE TO A POINT OF INTERSECTION ALONG THE
EASTERLY RIGHT OF WAY LINE OF LIBERTY STREET (ILLINOIS STATE
ROUTE 25) ;THENCE NORTHERLY ALONG SAID EASTERLY RIGHT OF WAY LINE OF
LIBERTY STREET TO THE POINT OF BEGINNING;
EXCEPT: THAT PART OF THE SOUTHWEST QUARTER OF SECTION 13 AND THE
NORTHWEST QUARTER OF SECTION 24 , TOWNSHIP 41 NORTH, RANGE 8 EAST OF
_ THE THIRD PRINCIPAL MERIDIAN DESCRIBED AS FOLLOWS : COMMENCING AT
THE NORTHWEST CORNER OF THE SOUTHWEST QUARTER OF SECTION 13 ,
TOWNSHIP 41 NORTH, RANGE 8 EAST OF THE THIRD PRINCIPAL MERIDIAN;
THENCE SOUTHERLY ALONG THE WEST LINE OF SAID SOUTHWEST QUARTER, A
DISTANCE OF APPROXIMATELY 973 . 00 FEET TO A POINT ON THE NORTHERLY
RIGHT OF WAY LINE OF PRAIRIE STREET, SAID POINT BEING THE POINT OF
BEGINNING; THENCE EASTERLY ALONG SAID NORTHERLY RIGHT OF WAY LINE,
A DISTANCE OF APPROXIMATELY 685 . 00 FEET TO THE WESTERLY LINE OF THE
H.T. PLUMMER' S SUBDIVISION; THENCE SOUTHEASTERLY ALONG SAID
WESTERLY LINE AND THE WESTERLY LINE OF WILLIAM F. SYLLA' S
RESUBDIVISION OF J.T. GIFFORD' S ADDITION TO ELGIN, A DISTANCE OF
APPROXIMATELY 660 . 00 FEET; THENCE NORTHEASTERLY AT RIGHT ANGLES TO
THE LAST DESCRIBED COURSE, A DISTANCE OF APPROXIMATELY 40 . 00 FEET
TO THE NORTHWEST CORNER OF THE RAILROAD ADDITION TO ELGIN; THENCE
SOUTHEASTERLY ALONG THE WESTERLY LINE OF SAID RAILROAD ADDITION, A
DISTANCE OF APPROXIMATELY 620 . 00 FEET TO THE SOUTHWEST CORNER OF
LOT 10 IN SAID RAILROAD ADDITION; THENCE NORTHEASTERLY ALONG THE
SOUTHERLY LINE OF SAID LOT 10, A DISTANCE OF APPROXIMATELY 10 . 00
FEET TO THE SOUTHERLY RIGHT OF WAY LINE OF GIFFORD PLACE; THENCE
NORTHEASTERLY ALONG SAID SOUTHERLY RIGHT OF WAY LINE, A DISTANCE OF
APPROXIMATELY 295 . 00 FEET TO THE INTERSECTION OF SAID LINE WITH THE
EASTERLY RIGHT OF WAY LINE OF RAYMOND STREET; THENCE SOUTHEASTERLY
ALONG SAID EASTERLY RIGHT OF WAY LINE, A DISTANCE OF APPROXIMATELY
550 . 00 FEET TO THE INTERSECTION OF SAID LINE WITH THE SOUTHERLY
RIGHT OF WAY LINE OF NATIONAL STREET; THENCE SOUTHWESTERLY ALONG
SAID SOUTHERLY RIGHT OF WAY LINE, A DISTANCE OF APPROXIMATELY
475 . 00 FEET TO THE NORTHEAST CORNER OF BLOCK 1 OF SHERMAN' S
ADDITION TO ELGIN; THENCE SOUTHEASTERLY ALONG THE EASTERLY LINE OF
SAID BLOCK 1 BEING A CURVE TO THE RIGHT, A DISTANCE OF
APPROXIMATELY 846 . 50 FEET; THENCE SOUTHWESTERLY PARALLEL WITH THE
NORTHERLY LINE OF SAID BLOCK 1 , A DISTANCE OF APPROXIMATELY 250 . 00
FEET; THENCE SOUTHEASTERLY AT RIGHT ANGLES TO THE LAST DESCRIBED
COURSE, A DISTANCE OF APPROXIMATELY 70 . 00 FEET; THENCE
SOUTHWESTERLY PARALLEL WITH THE NORTHERLY LINE OF SAID BLOCK 1, A
DISTANCE OF APPROXIMATELY 323 . 80 FEET; THENCE NORTHWESTERLY ALONG
A LINE THAT FORMS AN ANGLE OF 91 DEGREES, 00 MINUTES, 00 SECONDS TO
THE LEFT WITH THE PROLONGATION OF THE LAST DESCRIBED COURSE, A
DISTANCE OF APPROXIMATELY 915 . 00 FEET TO THE SOUTHERLY RIGHT OF WAY
LINE OF NATIONAL STREET; THENCE SOUTHWESTERLY ALONG SAID SOUTHERLY
RIGHT OF WAY LINE, A DISTANCE OF APPROXIMATELY 150 . 00 FEET TO THE
EAST BANK OF THE FOX RIVER; THENCE NORTHWESTERLY ALONG SAID EAST
BANK OF THE FOX RIVER TO THE WEST LINE OF THE SOUTHWEST QUARTER OF
SECTION 13 , TOWNSHIP 41 NORTH, RANGE 8 EAST OF THE THIRD PRINCIPAL
MERIDIAN; THENCE NORTHERLY ALONG SAID WEST LINE, A DISTANCE OF
APPROXIMATELY 110 . 00 FEET TO THE POINT OF BEGINNING. SAID PROPERTY
COMMONLY KNOWN AS THE SOUTH GROVE REDEVELOPMENT PROJECT AREA, ALL
LOCATED IN ELGIN TOWNSHIP, CITY OF ELGIN, KANE COUNTY, ILLINOIS,
AND;
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EXCEPT: THAT PART OF THE SOUTHWEST QUARTER OF SECTION 12 , TOWNSHIP
41 NORTH, RANGE 8 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED
AS FOLLOWS; COMMENCING AT THE NORTHWEST CORNER OF SAID SOUTHWEST
QUARTER; THENCE SOUTH ALONG THE WEST LINE OF SAID SOUTHWEST
QUARTER, A DISTANCE OF APPROXIMATELY 1, 730 . 00 FEET, TO A POINT ON
THE NORTH RIGHT OF WAY LINE OF SUMMIT STREET; THENCE EAST ALONG
SAID NORTH RIGHT OF WAY LINE, A DISTANCE OF APPROXIMATELY 1, 170 . 00
FEET, TO THE POINT OF BEGINNING; THENCE SOUTH ALONG THE WEST LINE
EXTENDED OF LOT 8 IN BLOCK 24 OF JANE R. KIMBALL' S SUBDIVISION, A
DISTANCE OF APPROXIMATELY 495 . 00 FEET, TO A POINT THAT IS 132 . 00
FEET SOUTH OF THE SOUTH RIGHT OF WAY LINE OF SENECA STREET AND
132 . 00 FEET EAST OF THE EAST RIGHT OF WAY LINE OF PROSPECT
BOULEVARD; THENCE EAST ON A LINE PERPENDICULAR TO THE LAST
DESCRIBED COURSE, A DISTANCE OF APPROXIMATELY 66 . 00 FEET, TO A
POINT ON THE WESTERLY LINE EXTENDED OF LOT 8 IN WM. H. WILCOX' S 2ND
ADDITION; THENCE NORTHEAST ALONG SAID WESTERLY LINE EXTENDED A
DISTANCE OF APPROXIMATELY 70 . 00 FEET, TO THE SOUTHWEST CORNER OF
SAID LOT 8 ; THENCE SOUTHEAST ALONG THE SOUTHERLY LINE EXTENDED OF
SAID LOT 8, A DISTANCE OF APPROXIMATELY 390 . 00 FEET, TO A POINT ON
THE EASTERLY RIGHT OF WAY LINE OF DUNDEE AVENUE; THENCE NORTHEAST
ALONG SAID EASTERLY RIGHT OF WAY LINE, A DISTANCE OF APPROXIMATELY
745 . 00 FEET, TO THE POINT OF INTERSECTION WITH THE NORTH RIGHT OF
WAY LINE EXTENDED OF SUMMIT STREET; THENCE WEST ALONG SAID NORTH
RIGHT OF WAY LINE EXTENDED TO THE POINT OF BEGINNING. SAID PROPERTY
COMMONLY KNOWN AS THE DUNDEE/SUMMIT REDEVELOPMENT PROJECT AREA A,
ALL LOCATED IN ELGIN TOWNSHIP, CITY OF ELGIN, KANE COUNTY,
ILLINOIS .
SAID PROPERTY COMMONLY KNOWN AS THE ELGIN CENTRAL AREA TAX
INCREMENT FINANCING REDEVELOPMENT PROJECT, ALL LOCATED IN KANE
COUNTY, ELGIN TOWNSHIP, CITY OF ELGIN, ILLINOIS .
Ci
EXHIBIT B
II. LEGAL DESCRIPTION AND PROJECT BOUNDARY
The boundaries of the Project Area have been drawn to include only those contiguous parcels of
real property and improvements substantially benefited by the proposed Redevelopment Project
to be undertaken as part of this Redevelopment Plan. The boundaries of the Project Area are
shown in Figure 1,Project Area Boundary Map, and are generally described below:
The Project Area straddles both sides of the Fox River and generally includes the City's central
business district; blocks along State Street and the west side of the Fox River from Big Timber
Court on the north to U.S. Route 20 on the south; blocks along the east side of the Fox River
from River Bluff Road on the north to U.S. Route 20 on the south; blocks along the Dundee
Avenue and Villa Street corridors, from Congdon Avenue on the north to Watch Street on the
south; a portion of the Spring-Douglas Historic District (south of Summit Street); a portion of
the Elgin Historic District(west of Channing Street); and a portion of the Elgin National Watch
Historic District(west of Wellington Avenue and Channing Street).
The boundaries of the Project Area are legally described in Exhibit I at the end of this report.
127�t i EXHIBIT C
• 128• .� .,f.�- i Zit I•=KM i r 131/205 206 I '• .. ] 236 .CmosrAw.
• �: 252{D
1 Pap Ave.
L 253 Slade Aw.
iyi:. I • 256 D
-cwt.Aw.
177 160/254 II II H I
ii••Lincoln vs. r3
'1 330 ;L 1 329 402
pppi 331 w ■ U U I I■ i .
,1
1 331 /
I . . 40, ___ MwwAw.III 452 - �1�,11 F
i
I Ilt 453 ill N U - U ......... ' 36,/454
sm.t9.
t {.. 182 483 a 357 358 Oks,` 3811456 1 In
2.3
t LE
485 486 cm 360 361 kW 383/460 1 1
1.
® 101 �� I wdmy s.
228 � 228 `� 12712
12W203 ��
2 -Ur ®� --mown 129/203 I Franklin s.
14 I \\ m 105 _ 132/206
131 1'� 1Amlaa,s.
3+ \ `` 278 11 111 107 J /109
\� ` wax si ®,\ _ 1 • ' LPSt
? , 177 I
`\�F� v � �f?r'i- w s�
fin ' @� 2761277�1 ®I 155 179 Hill
—
J�°s e, \ L ®r 1561 I ,63 I I. 1 1 f
� s '\%& Q ®I 1� 161 162 -1
I .0,
.\24)
304. 326 327 Ill
L It'IleP \tl � 1.® 328331329^ 330
�ac•�- f
` .� ..FM SI - 332 F I
r
F P
t...o st t 1 I I ■
476 %„ \�,
•r ,' \ \ Brea sL
c�owr$<
\ .'•r+ L OA
,, is.s......
Walnut Ave. FY` `SMm�Aw.
y
C
61: 0
G ® Tax Section Numbers w,x
r \� tokuLt
Tax Section Boundary c.xta._ �_`�1, r
I ��
co —^_..- Proposed Project Boundary .� 153 ri I
tO = Existing TIF Areas s,.\\tD 476 Block Numbers 6
(n �' 6
w� ` LL
I F I I R I ,�.
Figure 1 -' 1
PROJECT AREA BOUNDARY MAP "_ SIMS fbuY tO — US Rollie 20
11
ELGIN CENTRAL AREA Elgin, IL LA