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HomeMy WebLinkAboutS26-04 Ordinance No. S26-04 AN ORDINANCE APPROVING THE ELGIN ROUTE 20 TAX INCREMENT FINANCING REDEVELOPMENT PROJECT AND PLAN WHEREAS, the City of Elgin, Illinois (hereinafter referred to as "City") has heretofore determined that the stable economic and physical development of the City is endangered by the presence of blighting and conservation factors,with a resulting decline of the City which impairs the value of private investments and threatens the sound growth and the tax base of the City and the taxing districts having the power to tax real property in the City (the "Taxing Districts") and threatens the health, safety, morals and welfare of the public; and WHEREAS, the City has heretofore determined that in order to promote and protect the health, safety, morals and welfare of the public, blighting and conservation conditions in the City must be eradicated and that redevelopment of the City be undertaken; and that to remove and alleviate adverse conditions in the City it is necessary to encourage private investment and restore and enhance the tax base of the City and the Taxing Districts by such redevelopment; and WHEREAS, it is desirable and in the best interests of the City for the City to implement tax increment allocation financing("Tax Increment Allocation Financing")pursuant to the Illinois Tax Increment Allocation Redevelopment Act,65 ILCS 5/11-74.4-1 et seq.,as amended(the"Act"),for a proposed redevelopment project area to be known as the Elgin Route 20 Redevelopment Project Area(the"Area")described in Section 2 of this ordinance,to be redeveloped pursuant to a proposed redevelopment project and plan attached hereto as Exhibit A (the"Project and Plan"); and WHEREAS,by authority of the Mayor and the City Council of the City of Elgin(referred to herein collectively with the City Manager as the"City Council")and pursuant to Section 5/11-74.4- 5(a)of the Act,the City established an interested parties registry and,on July 9,2004,published in a newspaper of general circulation within the City, a notice that interested persons may register in order to receive information on the proposed designation of the Area or the approval of the Project and Plan; and WHEREAS,the Project and Plan(including the related eligibility report attached thereto as an exhibit)was made available for public inspection and review pursuant to Section 5/11-74.4-5(a) of the Act since July 2, 2004, being a date not less than 10 days before the meeting of the City Council at which the City Council adopted Ordinance Number S21-04 on July 14, 2004, fixing the time and place for a public hearing ("Hearing"), at City Hall of the City of Elgin; and WHEREAS,pursuant to Section 11-74.4-5 the Act,the City has heretofore called the Hearing relative to the Project and Plan and the designation of the proposed Area as a redevelopment project area under the Act, and fixed the time and place for such Hearing, being the 8th day of September, 2004, at 7:00 p.m. at the City of Elgin, City Hall, 150 Dexter Court, Elgin, Illinois; and r WHEREAS, pursuant to Section 5/11-74.4-5(a) of the Act, notice of the availability of the Project and Plan (including the related eligibility report attached thereto as an exhibit) was sent within a reasonable time after the adoption by the City Council of Ordinance Number S21-04 in the manner and to the persons, entities and parties as required by the Act; and WHEREAS,due notice of the Hearing was given pursuant to Section 5/11-74.4-6 of the Act in the manner and to the persons, entities and parties as required by the Act; and WHEREAS,the City has heretofore convened a joint review board as required by and in all respect in compliance with the provisions of the Act; and WHEREAS, a meeting of the joint review board established pursuant to Section 5/11-74.4- 5(b) of the Act (the "Board") was convened upon the provision of due notice on August 4, at 3:30 p.m. to review the matters properly coming before the Board and to allow it to provide its advisory recommendation regarding the approval of the Project and Plan,designation of the Area as a redevelopment project area pursuant to the Act and adoption of Tax Increment Allocation Financing within the Area, and other matters, if any, properly before it; and WHEREAS, the Board has forwarded to the Corporate Authorities a copy of its report attached hereto as Exhibit B,adopted on August 4,2004,recommending to the Corporate Authorities approval of the Project and Plan, among other related matters; and rik WHEREAS, the Hearing was conducted and adjourned on September 8, 2004; and WHEREAS,at the Hearing any interested person or affected taxing district was permitted to file with the City Clerk written objections and was heard orally in respect to any issues embodied in the notice of said Hearing, and the City heard and determined all protests and objections at the Hearing; and WHEREAS, the City has made an assessment of any financial impact of the Proposed Area on or any increased demand for services from any taxing district affected by the Project and Plan and any program to address such financial impact or increased demand; and WHEREAS, the City Council has reviewed the Project and Plan (including the related eligibility report attached thereto as an exhibit), testimony from the Hearing, if any, the recommendation of the Board, if any, and such other matters or studies as the City Council has deemed necessary or appropriate to make the findings set forth herein,and are generally informed of the conditions existing in the Area. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS: Section 1. Recitals. The above recitals are incorporated herein and made a part hereof. r Section 2. The Area. The Area is legally described in Exhibit C attached hereto and incorporated herein. The street location (as near as practicable) for the Area is described in Exhibit D attached hereto and incorporated herein. The map of the Area is depicted on Exhibit E attached hereto and incorporated herein. Section 3. Findings. The City Council hereby makes the following findings as required pursuant to Section 5/11-74.4-3(n) of the Act: (a) The Area on the whole has not been subject to growth and development through investment by private enterprise and would not reasonably be anticipated to be developed without the adoption of the Project and Plan; (b) The Project and Plan conforms to the comprehensive plan for the development of the City as a whole; (c) The Project and Plan meets all of the requirements of a redevelopment plan as defined in the Act, and as set forth in the Project and Plan the Project and Plan establishes the estimated dates of completion of the redevelopment project and retirement of obligations issued to finance redevelopment project costs and those dates are not later than December 31 of the year in which payment to the municipal treasurer as provided in Subsection (b)of Section 11-74.4-8 of the Act is to be made with respect to ad valorem taxes levied in the twenty-third calendar year after the year in which the ordinance approving the redevelopment project area is adopted, and,as required pursuant to Section 5/11-74.4-7 of the Act, no such obligation shall have a maturity date greater than 20 years. Section 4. Approval of the Project and Plan. The Project and Plan which was the subject matter of the public hearing held on the 8th day of September,2004 is hereby adopted and approved pursuant to Section 5/11-74.4-4 of the Act. A copy of the Project and Plan entitled"Elgin Route 20 Tax Increment Financing Redevelopment Project and Plan"dated September 15,2004,prepared by URS•TPAP, is set forth in Exhibit A attached hereto and incorporated herein as if set out in full by this reference. Section 5. Invalidity of Any Section. If any provision of this ordinance shall be held to be invalid or unenforceable for any reason,the invalidity or unenforceability of such provision shall not affect any of the remaining provisions of this ordinance. Section 6. Superseder. All ordinances or parts of ordinances in conflict with the provisions of this ordinance be and are hereby repealed. Section 7. Effective Date. This ordinance shall be in full force and effect immediately upon its passage in the manner provided by law. Es Schock, Mayor Presented: September 22, 2004 Passed: September 22, 2004 Omnibus Vote: Yeas: 6 Nays: 0 Recorded: September 23, 2004 Published: Attest: Dolorma Mecum, City Clerk r felk EXHIBIT A ELGIN ROUTE 20 TAX INCREMENT FINANCING REDEVELOPMENT PROJECT AND PLAN City of Elgin, Illinois September 15, 2004 ribk Prepared by: URS•TPAP r �,.. EXHIBIT B REPORT OF THE ELGIN ROUTE 20 JOINT REVIEW BOARD icy k / yc ye Gj 0 7)1 ,<J,4_ G3_,4 ��a P, 7 ht? t.)4,0 • �* EXHIBIT C t LEGAL DESCRIPTION OF PROJECT AREA THAT PART OF SECTIONS 23, 24, 25 AND 26, ALL IN TOWNSHIP 41 NORTH, RANGE 8 EAST OF THE THIRD PRINCIPAL MERIDIAN DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF THE NORTHEAST QUARTER OF SAID SECTION 23; THENCE NORTH ALONG THE WEST LINE OF SAID NORTHEAST QUARTER TO THE NORTH LINE OF STATE ROUTE 20 BY-PASS,ALSO BEING THE SOUTH LINE OF GEORGE L. KIRK'S SUBDIVISION, ELGIN, KANE COUNTY, ILLINOIS, BEING A SUBDIVISION OF PART OF AFORESAID 23; THENCE EAST ALONG SAID NORTH LINE OF STATE ROUTE 20 BY-PASS,TO THE INTERSECTION WITH THE WESTERLY LINE OF STATE ROUTE 31; THENCE EASTERLY TO THE INTERSECTION WITH THE EASTERLY LINE OF SAID STATE ROUTE 31 AND THE NORTHERLY LINE OF AFORESAID STATE ROUTE 20; THENCE SOUTHEASTERLY ALONG SAID NORTHERLY LINE, TO THE INTERSECTION WITH THE SOUTHERLY LINE OF SOUSTER AVENUE AS PLOTTED IN W.H. HINTZE'S SUBDIVISION, BEING A SUBDIVISION OF PART OF AFORESAID SECTIONS 23 AND 24; THENCE EASTERLY ALONG SAID SOUTHERLY LINE OF SOUSTER AVENUE TO THE INTERSECTION WITH THE WESTERLY RIGHT OF WAY LINE OF THE RAIL DIVISION OF THE REGIONAL TRANSPORTATION AUTHORITY (FORMERLY THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD COMPANY PER DOCUMENT NO. 1866552 AS RECORDED IN THE RECORDERS OFFICE OF KANE COUNTY , ILLINOIS, ALSO BEING THE EASTERLY RIGHT OF WAY LINE OF THE CHICAGO AND NORTHWESTERN TRANSPORTATION COMPANY;THENCE SOUTHERLY ALONG SAID WESTERLY LINE TO THE INTERSECTION WITH THE SOUTHERLY RIGHT OF WAY LINE OF AFORESAID STATE ROUTE 20 BY-PASS; THENCE EASTERLY ALONG SAID SOUTHERLY RIGHT OF WAY LINE TO THE EASTERLY LINE OF THE KANE COUNTY FOREST PRESERVE DISTRICT PROPERTY PER QUIT CLAIM DEED, DOCUMENT NO. 1879636, RECORDED IN THE RECORDERS OFFICE OF KANE COUNTY; THENCE SOUTHERLY ALONG SAID EASTERLY LINE,TO THE SOUTHERLY LINE OF LOT CCCL1 (351) OF THE COUNTY CLERK'S SUBDIVISION; THENCE EASTERLY ALONG SAID SOUTHERLY LINE TO THE SOUTHEAST CORNER OF SAID LOT 351;THENCE EASTERLY TO THE SOUTHWEST CORNER OF LOT 1 IN BLOCK 5 OF SOUTH PARK ADDITION TO ELGIN, KANE CO., ILL, BEING A SUBDIVISION OF PART OF AFORESAID SECTION 24; THENCE NORTHERLY ALONG THE WESTERLY LINE OF SAID LOT 1 ALSO BEING THE EASTERLY LINE OF THE CHICAGO AND NORTHWESTERN TRANSPORTATION COMPANY PROPERTY TO THE NORTHWEST CORNER OF SAID LOT 1; THENCE NORTHERLY ALONG SAID EASTERLY LINE OF THE CHICAGO AND NORTHWESTERN TRANSPORTATION COMPANY PROPERTY TO THE NORTHWEST CORNER OF LOT 12, BLOCK 3 IN AFORESAID SOUTH PARK ADDITION TO ELGIN, KANE COUNTY, ILL., SAID CORNER BEING ON THE NORTHERLY LINE OF AFORESAID ROUTE 20 BY-PASS; THENCE EASTERLY,ALONG SAID NORTHERLY LINE TO THE NORTHEAST CORNER OF LOT 9,BLOCK 3 IN SAID SOUTH PARK ADDITION; THENCE NORTHERLY ALONG THE r WESTERLY LINE OF LOT 6, BLOCK 3 IN SAID SOUTH PARK ADDITION TO THE eft NORTHWEST CORNER OF SAID LOT 6;THENCE EASTERLY ALONG THE NORTHERLY LINE OF LOT 6, ALSO BEING THE NORTHERLY LINE OF AFORESAID ROUTE 20 BY- PASS,TO THE NORTHEAST CORNER OF LOT 2,BLOCK 4 IN AFORESAID SOUTH PARK ADDITION;THENCE SOUTHERLY ALONG THE EASTERLY LINE OF SAID LOT 2 TO THE SOUTHEAST CORNER OF SAID LOT 2, BLOCK 4; THENCE EASTERLY ALONG THE NORTHERLY LINE OF AFORESAID ROUTE 20 BY-PASS TO THE NORTHWEST CORNER OF THE PROPERTY DESCRIBED IN DOCUMENT 2003K193747, RECORDED IN THE RECORDER'S OFFICE OF KANE COUNTY; THENCE SOUTHERLY ALONG THE WESTERLY LINE OF SAID PROPERTY TO THE SOUTHWEST CORNER AS DESCRIBED IN SAID DOCUMENT; THENCE EASTERLY ALONG THE SOUTHERLY LINE OF SAID PROPERTY, ALSO BEING THE NORTHERLY LINE OF AFORESAID ROUTE 20 BY-PASS, TO THE SOUTHEAST CORNER OF THE PROPERTY DESCRIBED IN DOCUMENT 99K079899 AS RECORDED IN THE RECORDER'S OFFICE OF KANE COUNTY; THENCE SOUTHERLY TO THE NORTHEAST CORNER OF LOT 4 BLOCK 1 IN WM. REDEKER'S THIRD ADDITION TO ELGIN,ILLINOIS,BEING A SUBDIVISION OF PART OF AFORESAID SECTION 24; THENCE SOUTH ALONG THE EAST LINE OF SAID LOT 4 AND THE EAST LINE OF LOT 5 IN SAID WM.REDEKER'S THIRD ADDITION TO ELGIN,ILLINOIS TO THE SOUTHEAST CORNER OF SAID LOT 5; THENCE WEST ALONG THE SOUTH LINE OF SAID LOT 5 TO THE NORTHWEST CORNER OF PARCEL ONE AS DESCRIBED IN WARRANTY DEED DOCUMENT NO. 95K006877 AS RECORDED IN THE RECORDERS OFFICE OF KANE COUNTY,IL;THENCE SOUTH ALONG THE WEST LINE AS DESCRIBED IN SAID WARRANTY DEED DOCUMENT NO. 95K006877 TO THE SOUTH LINE OF elbk AFORESAID BLOCK 1 IN SAID WILLIAM REDEKER'S THIRD ADDITION TO ELGIN, ILLINOIS;THENCE EASTERLY ALONG SAID SOUTH LINE TO THE INTERSECTION WITH THE EASTERLY LINE EXTENDED NORTHERLY OF LOT 16 IN BLOCK 4 IN WINZLAR ADDITION TO ELGIN, ILLINOIS BEING A SUBDIVISION OF PART OF AFORESAID SECTION 24;THENCE SOUTHERLY ALONG SAID NORTHERLY EXTENSION AND SAID EASTERLY LINE TO THE SOUTHEAST CORNER OF SAID LOT 16 THENCE WESTERLY ALONG THE SOUTH LINE AND ALONG WESTERLY EXTENSION OF THE SOUTH LINE OF SAID LOT 16, BLOCK 4 TO THE EASTERLY LINE OF BLOCK 4 IN PLAT OF WILLIAM REDEKER'S SECOND ADDITION TO ELGIN,KANE CO.,ILLS.BEING A SUBDIVISION OF PART OF AFORESAID SECTION 24 ; THENCE NORTHERLY ALONG SAID EASTERLY LINE OF BLOCK 4 TO THE NORTHEAST CORNER OF SAID BLOCK 4; THENCE WESTERLY ALONG THE NORTHERLY LINE OF SAID BLOCK 4 TO THE NORTHEAST CORNER OF LOT 12 IN SAID BLOCK 4; THENCE SOUTHERLY ALONG THE EASTERLY LINE OF SAID LOT 12 , BLOCK 4 TO THE SOUTHEAST CORNER OF SAID LOT 12; THENCE WESTERLY ALONG THE SOUTHERLY LINE OF SAID LOT 12 TO THE WESTERLY LINE OF AFORESAID BLOCK 4 IN PLAT OF WILLIAM REDEKER'S SECOND ADDITION TO ELGIN, KANE COUNTY, ILLINOIS; THENCE SOUTHERLY ALONG THE WESTERLY LINE OF SAID BLOCK 4 TO THE INTERSECTION WITH THE EASTERLY EXTENSION OF THE SOUTHERLY LINE OF LOT 4, BLOCK 3 IN AFORESAID PLAT OF WILLIAM REDEKER'S SECOND ADDITION TO ELGIN, KANE CO., ILLS.; THENCE WESTERLY ALONG SAID EASTERLY EXTENSION AND SAID SOUTHERLY LINE OF LOT fi' 4 AND THE SOUTHERLY LINE OF LOT 9, BLOCK 3 IN AFORESAID PLAT OF WILLIAM f REDEKER'S SECOND ADDITION TO ELGIN, KANE CO., ILLS., TO THE SOUTHWEST e CORNER OF SAID LOT 9, SAID CORNER BEING ON THE WEST LINE OF SAID BLOCK 3; THENCE SOUTHERLY ALONG THE WESTERLY LINE OF SAID BLOCK 3 TO THE SOUTHWEST CORNER OF SAID BLOCK 3; THENCE EASTERLY ALONG THE SOUTHERLY LINE OF SAID BLOCK 3 TO THE SOUTHEAST CORNER OF SAID BLOCK 3; THENCE EASTERLY TO THE SOUTHWEST CORNER OF AFORESAID BLOCK 4 IN THE PLAT OF WILLIAM REDEKER'S SECOND ADDITION TO ELGIN, KANE CO., ILLS.; THENCE SOUTHERLY TO THE NORTHWEST CORNER OF BLOCK 5 IN AFORESAID PLAT OF WILLIAM REDEKER'S SECOND ADDITION TO ELGIN, KANE CO., ILLS.; THENCE SOUTHERLY,ALONG THE WESTERLY LINE OF SAID BLOCK 5 TO THE INTERSECTION WITH THE EASTERLY EXTENSION OF THE SOUTHERLY LINE OF LOT 1, BLOCK 6 IN AFORESAID PLAT OF WILLIAM REDEKERS SECOND ADDITION TO ELGIN KANE CO., ILLS.; THENCE WESTERLY ALONG SAID EASTERLY EXTENSION AND SOUTHERLY LINE OF AFORESAID LOT 1, BLOCK 6 TO THE SOUTHWEST CORNER OF SAID LOT 1; THENCE SOUTHERLY,ALONG THE WESTERLY LINE OF LOT 2,BLOCK 6 IN AFORESAID PLAT OF WILLIAM REDEKER'S SECOND ADDITION TO ELGIN,KANE CO.,ILLS.,TO THE SOUTHWEST CORNER OF LOT 2; THENCE EASTERLY ALONG THE SOUTHERLY LINE OF SAID LOT 2 AND THE EASTERLY EXTENSION OF SAID SOUTHERLY LINE TO THE INTERSECTION WITH AFORESAID WESTERLY LINE OF BLOCK 5 IN PLAT OF WILLIAM REDEKER'S SECOND ADDITION TO ELGIN, KANE CO., ILLS., THENCE SOUTHERLY, ALONG SAID WESTERLY LINE OF BLOCK 5 TO THE INTERSECTION WITH THE EASTERLY EXTENSION OF THE SOUTHERLY LINE OF LOT 4 IN AFORESAID BLOCK 6 IN PLAT OF WILLIAM REDEKER'S ADDITION TO ELGIN, KANE CO., ILLS; THENCE ribk WESTERLY ALONG SAID EASTERLY EXTENSION AND ALONG THE SOUTHERLY LINE OF LOT 4 TO THE SOUTHWEST CORNER OF SAID LOT 4;THENCE SOUTHERLY ALONG THE WESTERLY LINE OF LOTS 5 AND 6 IN SAID BLOCK 6 AND THE SOUTHERLY EXTENSION OF THE WESTERLY LINE OF SAID LOT 6 TO THE NORTHERLY LINE OF BLOCK 7 IN AFORESAID PLAT OF WILLIAM REDEKER'S SECOND ADDITION TO ELGIN, KANE CO.,ILLS.;THENCE WESTERLY ALONG SAID NORTHERLY LINE OF SAID BLOCK 7,TO THE NORTHWEST CORNER OF SAID BLOCK 7;THENCE SOUTHERLY ALONG THE WESTERLY LINE OF SAID BLOCK 7 TO THE NORTHWEST CORNER OF LOT 11 IN SAID BLOCK 7;THENCE EASTERLY ALONG THE NORTHERLY LINE OF SAID LOT 11 TO THE NORTHEAST CORNER OF SAID LOT 11;THENCE SOUTHERLY ALONG THE EASTERLY LINE OF SAID LOT 11 TO THE SOUTHWEST CORNER OF LOT 2 IN AFORESAID BLOCK 7; THENCE EASTERLY ALONG THE SOUTHERLY LINE OF SAID LOT 2 AND THE EASTERLY EXTENSION OF SAID SOUTHERLY LINE TO THE INTERSECTION WITH THE WESTERLY LINE OF BLOCK 8 IN AFORESAID PLAT OF WILLIAM REDEKER'S SECOND ADDITION TO ELGIN,KANE CO.,ILLS.;THENCE SOUTHERLY ALONG THE WESTERLY LINE OF BLOCK 8 TO THE NORTHWEST CORNER OF LOT 8 IN SAID BLOCK 8 ;THENCE EASTERLY ALONG THE NORTHERLY LINE OF SAID LOT 8 TO THE NORTHEAST CORNER OF SAID LOT 8;THENCE SOUTHERLY ALONG THE EASTERLY LINE OF LOTS 8 AND 7 IN SAID BLOCK 8 TO THE SOUTHEAST CORNER OF SAID LOT 7; THENCE SOUTHERLY TO THE NORTHWEST CORNER OF THE PROPERTY DESCRIBED IN THE EXECUTOR'S DEED DOCUMENT NO. 1505014 RECORDED IN THE RECORDERS OFFICE r' OF KANE COUNTY, IL; THENCE SOUTHERLY ALONG THE WEST LINE OF PROPERTY ACCORDING TO EXECUTOR'S DEED TO THE SOUTHWEST CORNER OF SAID .. EXECUTOR'S PROPERTY DEED;THENCE EASTERLY ALONG THE SOUTH LINE OF SAID EXECUTOR'S PROPERTY DEED AND THE EASTERLY EXTENSION OF SAID SOUTH LINE TO THE INTERSECTION WITH THE EASTERLY RIGHT OF WAY LINE OF STATE ROUTE 25, ALSO KNOWN AS ST. CHARLES STREET; THENCE SOUTHERLY ALONG SAID EASTERLY RIGHT OF WAY LINE TO THE NORTHEASTERLY RIGHT OF WAY LINE OF AFORESAID RAIL DIVISION OF THE REGIONAL TRANSPORTATION AUTHORITY (FORMERLY THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD COMPANY); THENCE NORTHWESTERLY ALONG SAID NORTHEASTERLY RIGHT OF WAY LINE TO THE NORTH LINE OF AFORESAID SECTION 25; THENCE WESTERLY ALONG SAID NORTHERLY LINE OF SECTION 25 TO THE WESTERLY BANK OF THE FOX RIVER;THENCE SOUTHERLY ALONG SAID WESTERLY BANK OF THE FOX RIVER,TO THE NORTHEAST CORNER OF A PARCEL OF LAND DESCRIBED IN QUIT CLAIM DEED PER DOCUMENT NO. 1304553 RECORDED IN THE RECORDERS OFFICE OF KANE COUNTY, ILLINOIS; THENCE WESTERLY ALONG THE NORTHERLY LINE OF SAID PARCEL OF LAND PER DOCUMENT NO. 1304553 TO THE SOUTHEAST CORNER OF A PARCEL OF LAND DESCRIBED IN A QUIT CLAIM DEED PER DOCUMENT NO.93K26876 RECORDED IN THE RECORDERS OFFICE OF KANE COUNTY, ILLINOIS; THENCE WESTERLY ALONG THE SOUTHERLY LINE OF SAID PARCEL OF LAND, TO THE SOUTHWEST CORNER OF SAID PARCEL OF LAND;THENCE NORTHEASTERLY ALONG THE NORTHWESTERLY LINE OF SAID PARCEL OF LAND TO THE NORTHWEST CORNER OF SAID PARCEL OF LAND; THENCE EASTERLY ALONG THE NORTHERLY LINE OF SAID QUIT CLAIM DEED TO THE NORTHEAST CORNER OF SAID DEED; THENCE NORTHERLY TO A POINT ON THE SOUTHERLY LINE OF A PARCEL OF LAND DESCRIBED IN A QUIT CLAIM DEED PER DOCUMENT NO. 1591075 RECORDED IN THE RECORDERS OFFICE OF KANE COUNTY, ILLINOIS SAID POINT BEING 521.10 FEET EASTERLY OF(AS MEASURED ALONG SAID SOUTHERLY LINE)THE EASTERLY LINE OF AFORESAID STATE ROUTE 31;THENCE WESTERLY,ALONG SAID SOUTHERLY LINE PER QUIT CLAIM DEED DOCUMENT NO. 1591075 TO THE EASTERLY RIGHT OF WAY LINE OF STATE ROUTE 31; THENCE SOUTHERLY ALONG SAID EASTERLY RIGHT OF WAY LINE, TO THE INTERSECTION WITH THE SOUTHERLY LINE OF THE ILLINOIS STATE MENTAL HEALTH PROPERTY THAT IS 983.40 FEET SOUTH AS MEASURED PERPENDICULAR TO SAID SOUTHERLY LINE OF THE NORTH LINE OF AFORESAID SECTION 26; THENCE WESTERLY ALONG SAID SOUTHERLY LINE, TO A POINT ON SAID SOUTHERLY LINE THAT IS 740.00 FEET WEST OF THE EAST LINE OF THE NORTHWEST QUARTER OF AFORESAID SECTION 26;THENCE NORTHERLY PARALLEL TO SAID EAST LINE OF THE NORTHWEST QUARTER TO THE NORTH LINE OF SAID NORTHWEST QUARTER;THENCE NORTHERLY PARALLEL TO THE EAST LINE OF THE SOUTHWEST QUARTER OF SECTION 23, A DISTANCE OF 816.60 FEET; THENCE EASTERLY PARALLEL TO THE SOUTHERLY LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 23 TO THE EASTERLY LINE OF SAID SOUTHWEST QUARTER;THENCE NORTHERLY ALONG SAID EASTERLY LINE OF THE SOUTHWEST QUARTER TO THE POINT OF BEGINNING, SITUATED IN THE CITY OF ELGIN, KANE COUNTY, ILLINOIS. EXHIBIT D STREET DESCRIPTION The Project Area is irregularly shaped. East of the Fox River, the area is generally bounded by US Route 20 on the north,portions of St. Charles Street and Elizabeth Street on the east, and the Metra rail right-of-way and the westerly extension of Hammond Avenue on the south. West of the Fox River, the area generally includes (i) the Illinois Department of Transportation ("MOT")property along US Route 20,the City's Grohlich Park,the Continental Little League Park/Elgin Shores Forest Preserve and several vacant properties east of Route 31; and (ii) the campus of the Elgin Mental Health Center ("EMHC") and the IL Department of Human Services office building west of Route 31. di trar.11 MI u NM u MI II 1111•6 u nu 11 MS u.M ns ss74�llr`.4r. .rrir'.a1.U 0 `rr`'tt'ns.s iii Sous,er Ave East Rd ufe..iµaa��r�s� oT _.Cieete C" s 3 `� E unoos uslu.../u.si u.7.r rtes rr.s�u F VS Rrc?� 4. WNW r3 400 010 ® \‘,...- �° T US Rte 20 n °°! 88 ouy.; I \241$8`8 00i w IT i BIf • ouoor 1 » I1 ® f d boo n . � � ti h OOf i 001 , 4 52 + cro r 3 002 n �,,�l I a DrxonAve y / A ]71.00! � N /O,I f � 1111.. / 454 _ ......_ Middle Rd r God �+ . .... .• ,0"2, oa oos t ®I/ , aw _ *`. 002 "2 456 _`�I. At w � ,}� ow �..r o� 457 o' ` 0a a 01B:0,2 °°mss-� . .00.00+ A# /Mill .rau.ranrau.�ua..0 ' / F f \• Oh � J Cafeteria Dr �* / j j /✓109 CO I west Rd. .i_�` %%� f//. J 020 aa] t ao. I 4 / Soldier-Rd...................__._.. e i Ill 7 11.11.. II -W H b�..... .. _1111.._- Dana Dr �.._ J °..I°gm Project Boundary CP Block Number 040 Parcel Number ty 203-040 Block Number-Parcel Number M H / //G Vacant Area H H * These two parcels must be subdivided tri to match the proposed TIF Boundary. Figure 1 Project Area Boundary ROUTE 20 TIF ELGIN, IL Tax Increment Financing Redevelopment Area U RS•T PAP