Loading...
HomeMy WebLinkAboutG85-08 . . II 1111111111111111111 t 2170091-K000103 State of Illinois ) SANDY WEBMAN County of Kane) ss RECORDER - KANE COUNTY, IL City of Elgin ) RECORDED: 1/2/2009 2:84 PM REC FEE: 25.00 PAGES: 3 Recording Information CERTIFICATE OF CITY CLERK I, Diane Robertson, 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: rm.. ORDINANCE NO. G85-08 AN ORDINANCE DISSOLVING THE SOUTH GROVE SPECIAL TAX ALLOCATION FUND passed by the Elgin City Council at its legally convened meeting held on December 17, 2008. 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 January 2, 2009. > 0 OF 64'. �.a„�� 2 City Clerk ilLts ` a���; - DeV'ty CI lerk (SEAL) \(� ■ This instrument prepared by: Return to: William A. Cogley Diane Robertson Corporation Counsel Elgin City Clerk City of Elgin 150 Dexter Court 150 Dexter Court Elgin, IL 60120 tek Elgin, IL 60120 /9' i Ordinance No. G85-08 AN ORDINANCE DISSOLVING THE SOUTH GROVE SPECIAL TAX ALLOCATION FUND WHEREAS, the City Council of the City of Elgin adopted Ordinance No. G74-85 on September 9, 1985 to create the "South Grove Special Tax Allocation Fund" for the purpose of paying redevelopment project costs and obligations incurred in the payment thereof for what is commonly referred to as the "South Grove Redevelopment Plan and Project" or the "South Grove Tax Increment Financing (TIF) District," and; WHEREAS, the City of Elgin adopted Ordinance No. G74-85 in accordance with the "Tax Increment Allocation Redevelopment Act," 65 ILCS 5/11-74.4-1, et seq., as amended; and WHEREAS, Section 9(c) of the Tax Increment Allocation Redevelopment Act (65 ILCS 5/11-74.4-9(c)) provides that the method for allocating tax increment allocation financing under the Tax Increment Allocation Redevelopment Act shall terminate when municipality adopts an ordinance dissolving the special tax allocation fund for a redevelopment project area; and WHEREAS, the twenty-three year term of the South Grove Redevelopment Plan and Project has expired: and WHEREAS, in accordance with the provisions of Section 9(c) of the Tax Increment Allocation Redevelopment Act (65 ILCS 5/11-74.4-9(c)), the City of Elgin is required to adopt an ordinance dissolving the South Grove Special Tax Allocation Fund. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS: Section 1. The foregoing recitals are substantive and are hereby incorporated in this ordinance as though fully set forth herein. Section 2. The South Grove Special Tax Allocation Fund for the South Grove Redevelopment Plan and Project created pursuant to Ordinance No. G74-85 is hereby dissolved with respect to the method of extending taxes as provided in Section 9(c) of the Tax Increment Allocation Redevelopment Act (65 ILCS 5/11-74.4-9(c)). Section 3. The city clerk is hereby directed to record a certified copy of this ordinance with the Kane County Clerk. Section 4. Severability. If any provision, clause, sentence, paragraph, section or part of this ordinance or application thereof to any person or circumstance, shall for any reason be adjudged by a court of competent jurisdiction to be unconstitutional or invalid, said judgment shall not affect, impair or invalidate the remainder of this ordinance and the application of such provision to other persons or circumstances, but shall be confined in its operation to the provision, clause, sentence, paragraph, section or part thereof directly involved in the , . . controversy in which such judgment shall have been rendered and to the person or circumstances involved. It is hereby declared to be the legislative intent of the City Council that this ordinance would have been adopted had such unconstitutional or invalid provisions, clause, sentence, paragraph, section or part thereof not been included. Section 5. That this ordinance shall be in full force and effect upon its passage and publication in the manner provided by law. Schock, Mayor Presented: December 17, 2008 �,c <}1 et:. /MOW C Passed: December 17, 2008 �L Omnibus Vote: Yeas: 6 Nays: 0 •' �„ b Recorded: December 18, 2008 i ?_'07-16L' ''� Published: December 19, 2008 Attest: r �' Diane Robertson, City Cl k -� C KANE COUNTY.CLERK TAX EXTENSION DEPARTMENT FILING RECEIPT 630/232-5965 / DATE: ( UNIT OF GOVERNMENT: ( - , f• PERSON FILING: 7 Receipt of the following named item(s)is hereby acknowledged: , f ( • • .„,. By-. \----DEPUTY CLERK 4hdr KANE COUNTY 1