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HomeMy WebLinkAboutS6-10 f � Ordinance No. S6-10 AN ORDINANCE Proposing Approval of a Redevelopment Plan and Project for and the Designation of the Bluff City/Quarry Redevelopment Project Area and the Adoption of Tax Increment Allocation Financing therefor, Convening a Joint Review Board and Calling a Public Hearing in Connection therewith. Whereas, pursuant to the Tax Increment Allocation Redevelopment Act, as supplemented and amended (the "TIF Act"), the Mayor and City Council (the "Corporate Authorities") of the City of Elgin, Kane and Cook Counties, Illinois (the "Municipalit-y"), has heretofore determined and does hereby determine that it is advisable and in the best interests of the Municipality and certain affected taxing districts that the Municipality approve a proposed redevelopment plan (the "Redevelopment Plan") and project (the "Project") for and designate a proposed redevelopment project area to be known as Bluff City/Quarry Redevelopment Project Area (the "Redevelopment Project Area") as further described in EXHIBIT A attached hereto and that the Municipality adopt • tax increment allocation financing for the proposed Redevelopment Project Area; and Whereas, pursuant to Section 11-74.4-4.2 of the TIF Act the Municipality has created an interested parties registry for activities related to the proposed Redevelopment Project Area, to adopt reasonable registration rules, and to prescribe requisite registration forms for residents and organizations active within the Municipality that seek to be placed on said interested parties registry, and the Corporate Authorities have heretofore, and it is hereby determined that the Municipality has created such registry, adopted such registration rules and prescribed such requisite registration forms and will give public notice thereof; and Whereas, the TIF Act requires the Municipality also to convene a joint review board and conduct a public hearing prior to the adoption of ordinances approving a redevelopment plan and project, designating a redevelopment project area, and adopting tax increment allocation financing therefor, at which hearing any interested person or affected taxing district may file with • i • the Municipal Clerk written objections to and may be heard orally with respect to the proposed Redevelopment Plan and Project; and Whereas, the TIF Act further requires that such joint review board consist of a representative selected by each community college district, local elementary school district and high school district or each local community unit school district, park district, library district, township, fire protection district and county that will have authority to directly levy taxes on the property within the proposed Redevelopment Project Area at the time that the proposed Redevelopment Project Area is approved, a representative selected by the Municipality and a public member to consider the subject matter of the public hearing; and Whereas, the TIF Act further requires that the time and place of such public hearing be fixed by ordinance or resolution adopted by the Corporate Authorities; and Whereas, the TIF Act further requires that not less than 10 days prior to adopting such • ordinance or resolution fixing the time and place of a public hearing, the Municipality must make available for public inspection a redevelopment plan or a separate report that provides in reasonable detail the basis for the proposed Redevelopment Project Area's qualifying as a "redevelopment project area" under the Act; and Whereas, the firm of Kane, McKenna & Associates, Inc., has conducted an eligibility survey of the proposed Redevelopment Project Area and has prepared its report (the "Report") that said proposed area qualifies as a "redevelopment project area" as defined in the TIF Act, which survey and findings have been presented to the Corporate Authorities and are now on file in the official files and records of the Municipality; and Whereas, the Report has heretofore been on file and available for public inspection for at least 10 days in the offices of the Municipal Clerk as required under the TIF Act; and • p t • Whereas, the TIF Act requires that notice of the public hearing be given by publication and mailing, and Whereas, the Corporate Authorities have heretofore and it hereby is determined that it is advisable to convene a joint review board and hold a public hearing to consider the proposed approval of the proposed Plan and Project; and Whereas, the Corporate Authorities have heretofore and it hereby expressly is found that the Redevelopment Plan and Project will not displace residents from 10 or more inhabited residential units: Now Therefore, Be It Ordained by the Mayor and City Council of the City of Elgin, Kane and Cook Counties, Illinois, as follows: Section 1. Redevelopment Plan and Project Proposed. The approval of the Redevelopment Plan and Project, the designation of the Redevelopment Project Area and the • adoption of tax increment allocation financing therefor are hereby proposed. Section 2. Interested Persons Registry Previously Created. An interested persons registry (the "Registry") for the proposed Redevelopment Project Area has been created. The City Clerk is hereby expressly authorized and directed to maintain the Registry for the proposed Redevelopment Project Area. Section 3. Publication of Notice of Availability of Registry Authorized. Notice of the availability of the Registry, substantially in the form attached hereto as EXHIBIT B (the "Registry Notice"), shall be published not more than 45 nor less than 30 days prior to the Hearing, in the Courier News, being a newspaper of general circulation within the Municipality. Section 4. Joint Review Board Convened. A joint review board as set forth in the TIF Act is hereby convened and the board shall meet, review such documents and issue such report as set forth in the TIF Act. The first meeting of said joint review board shall be held at 3:OOP.M. on • -3- I • • • the 12th day of January, 2011, at City Hall, Elgin, Illinois. The Municipality hereby expressly finds and determines that said date is at least 14 days but not more than 28 days after the notice to affected taxing districts hereinafter authorized in Section 8 of this ordinance will be mailed. The Municipality's representative on the joint review board shall be the Municipality's Community Development Director Marc Mylott. Section S. Time and Place of Public Hearing Fixed. A public hearing (the "Hearing") shall be held by the Mayor and City Council of the Municipality at 7:00 o'clock P.M. on the 9th of March, 2011, at the City Hall, Elgin, Illinois, for the purpose of hearing from any interested persons or affected taxing districts regarding the proposed approval of the Redevelopment Plan and Project, designation of the Redevelopment Project Area, and adoption of tax increment allocation financing therefor. Section 6. Publication of Notice of Hearing and Joint Review Board Authorized. • Notice of the Hearing, substantially in the form attached hereto as EXHIBIT C, shall be published at least twice, the first publication to be not more than 30 nor less than 10 days prior to the Hearing, in a newspaper of general circulation within the taxing districts having property in the proposed Redevelopment Project Area. Section 7. Mailing of Notice of Hearing Authorized. (a) Notice shall be mailed by certified mail not less than 10 days prior to the date set for the Hearing, addressed to the person or persons in whose name the general taxes for the last preceding year were paid on each lot, block, tract or parcel of land lying within the proposed Redevelopment Project Area. In the event taxes for the last preceding year were not paid, the notice shall also be sent to the persons last listed on the tax rolls within the preceding three years as the owners of such property. Notice shall also be given within a reasonable time after the adoption of this ordinance by first class mail to all residential addresses located outside the proposed Redevelopment Project Area and i -4- • within 750 feet of the boundaries of the proposed Redevelopment Project Area and to those organizations and residents that have registered with the Municipality for that information in accordance with the registration guidelines herein established by the Municipality. Notice shall also be given by certified mail to all taxing districts of which taxable property is included in the proposed Redevelopment Project Area and to the Illinois Department of Commerce and Economic Opportunity not less than 45 days prior to the Hearing, and such notice (i) shall advise the taxing bodies represented on the joint review board of the time and place of the first meeting of the joint review board and (ii) shall also include an invitation to each taxing district and the Illinois Department of Commerce and Economic Opportunity to submit written comments prior to the date of the Hearing to the City, to the attention of the City Clerk, City Hall, 150 Dexter Court, Elgin, Illinois 60120 concerning the subject matter of the Hearing. Each such mailed notice shall include a copy of the Report, the name of an appropriate person to contact for . additional information, and a copy of the proposed Redevelopment Plan. Section 8. Superseder; Effective Date. All ordinances, resolutions, motions or orders in conflict with the provisions of the Ordinance are, to the extent of such conflict, hereby repealed. This Ordinance shall become effective upon its adoption. Ed Schock, Mayor Presented: December 15, 2010 Passed: December 15, 2010 , Vote: Yeas: 7 Nays: 0 l� Recorded: December 16, 20103` ty� Published: December 17, 2010 ' s Attest: p . Diane Robertson, Ci Clerk -5- EXHIBIT A • LEGAL DESCRIPTION OF REDEVELOPMENT PROJECT AREA THAT PART OF SECTION 24; TOWNSHIP 41 NORTH, RANGE 8 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN KANE COUNTY, ILLINOIS AND THAT PART OF SECTIONS 19, 20, 29 AND 30, TOWNSHIP 41 NORTH, RANGE 9 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS, DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF LOT 16 IN BLOCK 4 IN WINZLER ADDITION TO ELGIN, ILLINOIS, BEING A SUBDIVISION OF PART OF SECTION 24 AFORESAID; THENCE NORTHERLY ALONG THE NORTHERLY EXTENSION OF THE EASTERLY LINE OF SAID LOT 16 IN BLOCK 4 TO THE SOUTH LINE OF BLOCK 1 IN WILLIAM REDEKER'S THIRD ADDITION TO ELGIN, ILLINOIS; THENCE WESTERLY ALONG SAID SOUTH LINE OF BLOCK I TO THE WEST LINE OF PARCEL ONE AS DESCRIBED IN WARRANTY DEED DOCUMENT NO. 95KO06877 AS RECORDED IN THE RECORDERS OFFICE OF KANE COUNTY, ILLINOIS; THENCE NORTH ALONG SAID WEST LINE OF PARCEL ONE AS DESCRIBED IN WARRANTY DEED DOCUMENT NO. 95KO06877 TO THE NORTHWEST CORNER OF SAID PARCEL ONE AND ALSO BEING THE SOUTH LINE OF LOT 5 IN SAID BLOCK 1 IN WILLIAM REDEKER'S THIRD ADDITION TO ELGIN, ILLINOIS; THENCE EAST ALONG SAID SOUTH LINE OF LOT 5 TO THE SOUTHEAST CORNER OF SAID LOT 5; THENCE NORTH ALONG THE EAST LINE OF SAID LOT 5 AND THE EAST LINE OF LOT 4 IN • SAID BLOCK 1 IN WILLIAM REDEKEW S THIRD ADDITION TO ELGIN, ILLINOIS TO THE NORTHEAST CORNER OF SAID LOT 4 IN BLOCK 1; THENCE NORTHERLY TO THE SOUTHEAST CORNER OF THE PROPERTY DESCRIBED IN DOCUMENT NO. 99KO79899 AND ALSO BEING THE NORTHERLY LINE OF ROUTE 20 BY-PASS; THENCE EASTERLY ALONG SAID NORTHERLY LINE OF ROUTE 20 BY-PASS IN KANE AND COOK COUNTIES, ILLINOIS TO WEST LINE AS DESCRIBED IN TRUSTEE'S DEED DOCUMENT NO. 94467557 AS RECORDED IN THE RECORDERS OFFICE OF COOK COUNTY, ILLINOIS; THENCE NORTHERLY ALONG SAID WEST LINE AS DESCRIBED IN TRUSTEE'S DEED DOCUMENT NO. 94467557, SAID LINE ALSO BEING PARALLEL WITH THE COUNTY LINE BETWEEN KANE AND COOK COUNTIES TO THE NORTHWEST CORNER AS DESCRIBED IN SAID TRUSTEE'S DEED DOCUMENT NO. 94467557 AND ALSO BEING THE SOUTH LINE OF HASTINGS STREET: THENCE EASTERLY ALONG THE SOUTH LINE OF SAID HASTINGS STREET, • DISTANCE OF 234.5 FEET; THENCE SOUTH PARALLEL WITH SAID COUNTY LINE, • DISTANCE OF 374.0 FEET, MORE OR LESS TO THE LINE OF WILLIAM REDEKER'S LANDS: THENCE SOUTHWESTERLY ALONG SAID LINE OF WILLIAM REDEKER'S LANDS AND ALSO BEING THE SOUTHEASTERLY LINE AS DESCRIBED IN TRUSTEE'S DEED DOCUMENT NO. 94467557 TO SAID NORTHERLY LINE OF ROUTE 20 BY-PASS; THENCE EASTERLY ALONG SAID NORTHERLY LINE OF ROUTE 20 BY- PASS TO THE SOUTHEASTERLY LINE OF WRIGHT AVENUE; THENCE NORTHEASTERLY ALONG SAID SOUTHEASTERLY LINE OF WRIGHT AVENUE TO THE SOUTHWEST CORNER OF LOT 1 IN LEO GRAPS RESUBDIVISION OF PART OF • LOT I IN BLOCK 2 OF ELGIN HEIGHTS ADDITION IN SAID SECTION 19; THENCE SOUTHEASTERLY ALONG THE SOUTHWEST LINE OF SAID LOT I IN LEO GRAPS A-1 i RESUBDIVISION TO SAID NORTHERLY LINE OF ROUTE 20 BY-PASS; THENCE • EASTERLY ALONG SAID NORTHERLY LINE OF ROUTE 20 BY-PASS TO THE SOUTHEASTERLY LINE OF SAID LOT 1 IN LEO GRAPS RESUBDIVISION; THENCE NORTHEASTERLY ALONG THE SOUTHEASTERLY LINE OF LOTS 1, 2 AND 3 IN SAID LEO GRAPS RESUBDIVISION TO THE SOUTHWEST CORNER OF LOT 5 IN SAID LEO GRAPS RESUBDIVISION; THENCE SOUTHEASTERLY ALONG THE SOUTHWESTERLY LINE OF SAID LOT 5 IN LEO GRAPS RESUBDIVISION TO THE NORTHWESTERLY LINE OF DICKIE AVENUE; THENCE SOUTHWESTERLY ALONG SAID NORTHWESTERLY LINE OF DICKIE AVENUE TO SAID NORTHERLY LINE OF ROUTE 20 BY-PASS: THENCE EASTERLY ALONG SAID NORTHERLY LINE OF ROUTE 20 BY-PASS TO THE EAST LINE OF LOT 21 IN BLOCK 2 IN LUDLOW AND STELFORD'S ADDITION TO ELGIN IN THE SOUTHEAST QUARTER OF SAID SECTION 19: THENCE NORTHERLY ALONG SAID EAST LINE OF LOT 21 IN BLOCK 2 IN LUDLOW AND STELFORD'S ADDITION TO ELGIN TO THE NORTHEAST CORNER OF SAID LOT 21 IN BLOCK 2; THENCE EASTERLY ALONG THE NORTH LINE OF LOTS 22 THROUGH 35, INCLUSIVE; IN SAID BLOCK 2 IN LUDLOW AND STELFORD'S ADDITION TO ELGIN TO THE EAST LINE OF THE WEST 38.2 FEET OF LOT 5 IN SAID BLOCK 2 IN LUDLOW AND STELFORD'S ADDITION TO ELGIN; THENCE NORTHERLY ALONG SAID EAST LINE OF THE WEST 38.2 FEET OF LOT 5 IN BLOCK 2 TO THE SOUTH LINE OF LUDLOW AVENUE; THENCE EASTERLY ALONG SAID SOUTH LINE OF LUDLOW AVENUE TO THE CENTERLINE OF OLD ROAD (U.S. ROUTE 20); THENCE SOUTHEASTERLY ALONG SAID CENTERLINE OF OLD ROAD (U.S. ROUTE 20) TO THE WEST LINE OF PARCEL DEPICTED AND DESCRIBED ON • PLAT OF DEDICATION OF PUBLIC HIGHWAY ON PLAT NO. 172 FOR TRACT 172 PER CONDEMNATION NO. 61 S 462: THENCE SOUTHWESTERLY ALONG SAID WEST LINE OF PARCEL DEPICTED AND DESCRIBED ON PLAT OF DEDICATION OF PUBLIC HIGHWAY ON PLAT NO. 172 FOR TRACT 172 PER CONDEMNATION NO. 61 S 462 TO THE SOUTHWEST CORNER OF SAID PARCEL DEPICTED AND DESCRIBED ON PLAT OF DEDICATION OF PUBLIC HIGHWAY ON PLAT NO. 172 FOR TRACT 172 PER CONDEMNATION NO. 61 S 462: THENCE SOUTHEASTERLY ALONG THE SOUTHWESTERLY LINE OF SAID PARCEL DEPICTED AND DESCRIBED ON PLAT OF DEDICATION OF PUBLIC HIGHWAY ON PLAT NO. 172 FOR TRACT 172 PER CONDEMNATION NO. 61 S 462 TO THE SOUTHEAST CORNER OF SAID PARCEL DEPICTED AND DESCRIBED ON PLAT OF DEDICATION OF PUBLIC HIGHWAY ON PLAT NO. 172 FOR TRACT 172 PER CONDEMNATION NO. 61 S 462 AND ALSO BEING THE EAST LINE OF THE SOUTHEAST QUARTER OF SAID SECTION 19; THENCE NORTH ALONG SAID EAST LINE OF THE SOUTHEAST QUARTER OF SECTION 19 TO THE SOUTH LINE OF SAID U.S. ROUTE 20; THENCE EASTERLY ALONG SAID SOUTH LINE OF U.S. ROUTE 20 TO THE WESTERLY LINE OF PARCEL DEPICTED AND DESCRIBED ON PLAT OF DEDICATION OF PUBLIC HIGHWAY ON PLAT NO. 177 IN BOOK 576 OF PLATS PAGE 1 AS DOCUMENT NO. 17993034; THENCE SOUTHWESTERLY ON SAID WESTERLY LINE OF PARCEL DEPICTED AND DESCRIBED ON PLAT OF DEDICATION OF PUBLIC HIGHWAY ON PLAT NO. 177 IN BOOK 576 OF PLATS PAGE 1 TO THE SOUTHERLY LINE OF BLUFF CITY BOULEVARD (FRONTAGE ROAD); THENCE EASTERLY ON SAID SOUTHERLY LINE OF BLUFF CITY BOULEVARD (FRONTAGE ROAD) TO THE EASTERLY LINE OF i COMMONWEALTH EDISON COMPANY PROPERTY, SAID LINE BEING 40.0 FEET A-2 i EASTERLY OF AND PARALLEL TO A LINE DEFINED AS THE EASTERLY LINE IN DOCUMENTS 9899344 AND 9929391; THENCE SOUTHERLY ALONG SAID PARALLEL LINE TO SAID SOUTHERLY LINE OF BLUFF CITY BOULEVARD (FRONTAGE ROAD); THENCE EASTERLY ALONG SAID SOUTHERLY LINE OF BLUFF CITY BOULEVARD (FRONTAGE ROAD) TO A LINE 300.00 FEET EAST OF AND PARALLEL WITH SAID EASTERLY LINE OF COMMONWEALTH EDISON COMPANY PROPERTY AND ALSO BEING THE WESTERLY LINE AS DESCRIBED IN WARRANTY DEED DOCUMENT NO. 0335627185 AS RECORDED IN THE RECORDERS OFFICE OF COOK COUNTY, ILLINOIS; THENCE SOUTHERLY ALONG SAID WESTERLY LINE AS DESCRIBED IN WARRANTY DEED DOCUMENT NO. 0335627185 TO THE SOUTH LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 20; THENCE CONTINUING SOUTHERLY ALONG SAID WESTERLY LINE AS DESCRIBED IN WARRANTY DEED DOCUMENT NO. 0335627185 TO AN ANGLE POINT IN SAID WESTERLY LINE AS DESCRIBED IN WARRANTY DEED DOCUMENT NO. 0335627185; THENCE EASTERLY TO AN ANGLE POINT IN SAID WESTERLY LINE AS DESCRIBED IN WARRANTY DEED DOCUMENT NO. 0335627185; THENCE SOUTHERLY ALONG SAID WESTERLY LINE AS DESCRIBED IN WARRANTY DEED DOCUMENT NO. 0335627185 TO THE SOUTHWEST CORNER AS DESCRIBED IN WARRANTY DEED DOCUMENT NO. 0335627185; THENCE EASTERLY ALONG SAID SOUTHERLY LINE AS DESCRIBED IN WARRANTY DEED DOCUMENT NO. 0335627185 TO THE WESTERLY LINE OF THE ELGIN, JOLIET AND EASTERN RAILWAY COMPANY; THENCE SOUTHERLY ALONG SAID WESTERLY LINE OF THE ELGIN, JOLIET AND EASTERN RAILWAY COMPANY TO A POINT 580.23 FEET NORTHERLY OF THE NORTH RIGHT OF WAY LINE OF THE • CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD AS MEASURED ALONG SAID WESTERLY LINE OF THE ELGIN, JOLIET AND EASTERN RAILWAY COMPANY; THENCE WESTERLY ALONG A LINE PARALLEL TO SAID SOUTHERLY LINE AS DESCRIBED IN WARRANTY DEED DOCUMENT NO. 0335627185 TO SAID LINE BEING 40.0 FEET EASTERLY OF AND PARALLEL TO THE EASTERLY RIGHT OF WAY LINE OF THE COM ED RIGHT OF WAY AS DESCRIBED IN DOCUMENT NO. 18983320; THENCE SOUTHERLY ALONG SAID EASTERLY RIGHT OF WAY LINE OF THE COM ED RIGHT OF WAY AS DESCRIBED IN DOCUMENT NO. 18983320 TO SAID NORTH RIGHT OF WAY LINE OF THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD; THENCE WESTERLY ALONG SAID NORTH RIGHT OF WAY LINE OF THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD TO THE EAST LINE OF THE SOUTHEAST QUARTER OF SAID SECTION 30; THENCE SOUTHERLY ALONG SAID EAST LINE OF THE SOUTHEAST QUARTER OF SECTION 30 TO THE NORTHEAST QUARTER OF LOT 1 IN GRABER SUBDIVISION, BEING A SUBDIVISION OF PART OF THE EAST HALF OF SAID SOUTHEAST QUARTER OF SECTION 30; THENCE SOUTH ALONG THE EAST LINE OF SAID LOT 1 IN GRABER SUBDIVISION AND THE SOUTHERLY EXTENSION THEREOF TO THE SOUTH LINE OF SPAULDING ROAD; THENCE WEST ALONG SAID SOUTH LINE OF SPAULDING ROAD TO THE WEST LINE OF GIFFORD ROAD; THENCE NORTH ALONG SAID WEST LINE OF GIFFORD ROAD TO THE WESTERLY EXTENSION OF THE NORTH LINE OF OUTLOT A IN SAID GRABER SUBDIVISION; THENCE EAST ALONG SAID NORTH LINE OF OUTLOT A AND THE WESTERLY EXTENSION THEREOF AND NORTH LINE OF SAID LOT 1 TO AN ANGLE POINT IN SAID LOT 1; THENCE NORTH ALONG A WESTERLY LINE OF SAID LOT 1 TO THE NORTHWEST CORNER OF SAID LOT I; THENCE WEST A-3 ALONG THE WESTERLY EXTENSION OF THE NORTH LINE OF SAID LOT I TO THE • WEST LINE OF SAID GIFFORD ROAD; THENCE NORTH ALONG SAID WEST LINE OF SAID GIFFORD ROAD TO THE SOUTH LINE OF BLUFF CITY BOULEVARD; THENCE WEST ALONG THE SOUTH LINE OF BLUFF CITY BOULEVARD TO THE POINT OF BEGINNING; EXCEPT THAT PART OF THE NORTHEAST QUARTER OF SAID SECTION 30, TOWNSHIP 41 NORTH, RANGE 9 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE INTERSECTION OF THE NORTH RIGHT OF WAY LINE OF THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD AND THE WEST LINE OF THE COMMONWEALTH EDISON RIGHT OF WAY. PER DOCUMENT NUMBER 9899344 AND 9929391; THENCE NORTH 62 DEGREES 45 MINUTES 34 SECONDS WEST, ALONG SAID NORTHERLY RIGHT OF WAY OF THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD, A DISTANCE OF 2069.93 FEET, TO THE CENTER LINE OF GIFFORD ROAD; THENCE NORTH 00 DEGREES 45 MINUTES 57 SECONDS EAST, ALONG SAID CENTER LINE OF GIFFORD ROAD, A DISTANCE OF 382.02 FEET; THENCE SOUTH 89 DEGREES 14 MINUTES 03 SECONDS EAST, PERPENDICULAR TO THE LAST DESCRIBED COURSE, A DISTANCE OF 33.00 FEET, TO THE POINT OF BEGINNING; THENCE NORTH 00 DEGREES 45 MINUTES 57 SECONDS EAST, A DISTANCE OF 588.60 FEET ALONG THE APPARENT EAST RIGHT OF WAY LINE OF GIFFORD ROAD; THENCE SOUTH 89 DEGREES 14 MINUTES 03 SECONDS EAST, A DISTANCE OF 712.48 FEET TO A LINE 66.00 FEET WEST OF AND PARALLEL TO THE WEST LINE OF PROPERTY CONVEYED TO WASTE MANAGEMENT OF ILLINOIS, INC. BY DEED DOCUMENT 0600443210 RECORDED JANUARY 4, 2006; THENCE SOUTH 0 DEGREES 45 MINUTES 57 SECONDS WEST, A DISTANCE OF 728.88 FEET ALONG SAID PARALLEL LINE: THENCE NORTH 87 DEGREES 20 MINUTES 16 SECONDS WEST, A DISTANCE OF 36.57 FEET; THENCE NORTH 49 DEGREES 39 MINUTES 46 SECONDS WEST, A DISTANCE OF 114.26 FEET; THENCE NORTH 84 DEGREES 31 MINUTES 54 SECONDS WEST, A DISTANCE OF 570.85 FEET: THENCE NORTH 43 DEGREES 24 MINUTES 12 SECONDS WEST, A DISTANCE OF 27.17 FEET TO THE POINT OF BEGINNING, IN COOK COUNTY, ILLINOIS. ALSO EXCEPT THAT PART OF THE WEST HALF OF THE NORTHWEST QUARTER OF SECTION 29 AND THE EAST HALF OF THE NORTHEAST QUARTER OF SECTION 30, ALL IN TOWNSHIP 41 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE INTERSECTION OF THE NORTH RIGHT OF WAY LINE OF CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD AND THE WEST LINE OF THE COM ED RIGHT OF WAY PER DOCUMENT NUMBER 9899344 AND 9929391; THENCE NORTH 00 DEGREES 10 MINUTES 09 SECONDS EAST, A DISTANCE OF 453.90 FEET ALONG SAID WESTERLY RIGHT OF WAY LINE; THENCE NORTH 08 DEGREES 23 MINUTES 10 SECONDS EAST, A DISTANCE OF 668.11 FEET CONTINUING ALONG SAID WESTERLY RIGHT OF WAY LINE; THENCE NORTH 81 DEGREES 36 MINUTES 50 SECONDS WEST, A DISTANCE OF 70.00 FEET ALONG A LINE PERPENDICULAR TO SAID WESTERLY RIGHT OF WAY TO THE POINT OF BEGINNING; THENCE NORTH 87 DEGREES 20 MINUTES 16 SECONDS WEST; A DISTANCE OF 1056.44 FEET; THENCE NORTH 00 DEGREES 45 A-4 i MINUTES 57 SECONDS EAST, A DISTANCE OF 596.39 FEET, ALONG A LINE PARALLEL TO THE CENTERLINE OF GIFFORD ROAD; THENCE SOUTH 87 DEGREES 20 MINUTES 16 SECONDS EAST, A DISTANCE OF 1135.93 FEET TO A POINT 70.00 FEET WESTERLY OF SAID WESTERLY RIGHT OF WAY AS MEASURED PERPENDICULAR TO SAID WESTERLY RIGHT OF WAY; THENCE SOUTH 08 DEGREES 23 MINUTES 10 SECONDS WEST, A DISTANCE OF 599.05 FEET ALONG A LINE PARALLEL TO SAID WESTERLY RIGHT OF WAY LINE TO THE POINT OF BEGINNING, IN COOK COUNTY, ILLINOIS. ALSO EXCEPT THAT PART OF SECTIONS 19, 20, 29 AND 30, ALL IN TOWNSHIP 41 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS; COMMENCING AT THE INTERSECTION OF THE NORTH RIGHT OF WAY LINE OF THE CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD WITH THE WEST RIGHT OF WAY LINE OF THE COMMONWEALTH EDISON RIGHT OF WAY; THENCE NORTH 00 DEGREES 10 MINUTES 09 SECONDS EAST, 453.90 FEET ALONG SAID WEST RIGHT OF WAY LINE OF THE COMMONWEALTH EDISON RIGHT OF WAY: THENCE NORTH 08 DEGREES 23 MINUTES 10 SECONDS EAST, 2515.42 FEET ALONG SAID WEST RIGHT OF WAY LINE OF THE COMMONWEALTH EDISON RIGHT OF WAY; THENCE NORTH 05 DEGREES 57 MINUTES 54 SECONDS EAST, 728.86 FEET ALONG SAID WEST RIGHT OF WAY LINE OF THE COMMONWEALTH EDISON RIGHT OF WAY TO THE SOUTH LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 20; THENCE SOUTH 88 DEGREES 39 MINUTES 39 SECONDS WEST (SOUTH 88 DEGREES 20 MINUTES 45 SECONDS WEST RECORD), 171.80 FEET ALONG SAID SOUTH LINE OF • THE SOUTHWEST QUARTER OF SAID SECTION 20 TO THE POINT OF BEGINNING; THENCE SOUTH 02 DEGREES 55 MINUTES 35 SECONDS WEST, A DISTANCE OF 653.56 FEET; THENCE NORTH 89 DEGREES 26 MINUTES 23 SECONDS WEST,A DISTANCE OF 1701.44 FEET TO A LINE 350.00 FEET EAST OF AND PARALLEL WITH THE CENTERLINE OF GIFFORD ROAD; THENCE NORTH 00 DEGREES 45 MINUTES 57 SECONDS EAST, A DISTANCE OF 573.16 FEET ALONG SAID PARALLEL LINE; THENCE NORTH 00 DEGREES 41 MINUTES 05 SECONDS EAST A DISTANCE OF 948.06 FEET ALONG SAID PARALLEL LINE; THENCE SOUTH 88 DEGREES 21 MINUTES 58 SECONDS EAST, A DISTANCE OF 440.67 FEET; THENCE SOUTH 86 DEGREES 21 MINUTES 08 SECONDS EAST, A DISTANCE OF 658.78 FEET; THENCE SOUTH 03 DEGREES 00 MINUTES 55 SECONDS WEST, A DISTANCE OF 29237 FEET; THENCE SOUTH 08 DEGREES 23 MINUTES 45 SECONDS WEST, A DISTANCE OF 225.52 FEET; THENCE SOUTH 81 DEGREES 03 MINUTES 58 SECONDS EAST, A DISTANCE OF 397.77 FEET: THENCE SOUTH 47 DEGREES 06 MINUTES 51 SECONDS EAST, A DISTANCE OF 372.81 FEET, TO THE POINT OF BEGINNING, IN COOK COUNTY, ILLINOIS. • A-5 EXHIBIT B • NOTICE OF AVAILABILITY OF INTERESTED PARTIES REGISTRY CITY OF ELGIN, KANE AND COOK COUNTIES,ILLINOIS PROPOSED BLUFF CITY/QUARRY TIF REDEVELOPMENT PROJECT AREA Notice is hereby given that the Mayor and members of the City Council of the City of Elgin, Kane and Cook Counties, Illinois (the '`City"), has created an interested parties registry (the "Registry") for the City's proposed Bluff City/Quarry TIF Redevelopment Project Area. The Registry, together with the rules and regulations heretofore approved by the City for the Registry (the "Rules and Regulations-), is on file and available for public inspection during the City's regular business hours, which are 8:00 a.m. to 5:00 p.m. Monday through Friday, at the office of the City Clerk at City Hall located at 150 Dexter Court, Elgin, Illinois. All interested persons may register with the City on the Registry as provided in the Rules and Regulations in order to receive information on the designation of the proposed Redevelopment Project Area or the approval of a proposed redevelopment plan and project therefor. /s/Diane Robertson City Clerk City of Elgin, Kane and Cook Counties, Illinois • B-1 EXHIBIT C NOTICE OF PUBLIC HEARING CITY OF ELGIN, KANE AND COOK COUNTIES, ILLINOIS PROPOSED BLUFF CITY/QUARRY REDEVELOPMENT PROJECT AREA Notice is hereby given that on the 9th day of March, 2011, at 7:00 P.M. at the Elgin City Hall, 150 Dexter Court, Elgin, Illinois, a public hearing will be held to consider the approval of the proposed redevelopment plan (the "Redevelopment Plan") and the designation of that certain proposed redevelopment project area to be known as the Bluff City/Quarry Redevelopment Project Area (the "Redevelopment Project Area" or "RPA"). The Redevelopment Project Area consists of the territory legally described as in Exhibit 1 attached and generally described below: The proposed RPA takes in the properties located north of Bluff City Boulevard (west of Gifford Road) and north and south of Bluff City Boulevard, east of Gifford Road. In addition, vacant property generally located south of Bluff City Road and bounded in the east by railroad right of way, on the west by Gifford Road, and on the south by Spaulding Road is also included. There will be considered at the hearing approval of the Redevelopment Plan and Project for and the designation of the proposed Redevelopment Project Area and adoption of tax increment allocation financing therefor. The proposed Redevelopment Plan and Project is on file and available for public inspection at the office of the City Clerk, City Hall, 150 Dexter Court, Elgin, Illinois. Pursuant to the Redevelopment Plan and Project the City proposes to alleviate conservation and blighted area conditions in the Redevelopment Project Area and to enhance the tax base of the City and the taxing districts having taxable property within the Redevelopment Project Area by utilizing tax increment financing to fund various eligible project costs to stimulate private investment within the Redevelopment Project Area. These eligible project costs may include, but may not be limited to, studies, surveys, professional fees, property assembly costs, site preparation and environmental remediation, construction of public improvements and infrastructure, renovation, reconstruction, rehabilitation and repair of existing buildings, financing, administrative and other professional costs, all as authorized under the Tax Increment Allocation Redevelopment Act, as amended. The Redevelopment Plan objectives include promoting and protecting the health, safety, morals and welfare of the public by establishing a public/private partnership, establishing economic growth, development and training in the City by working within the guidelines of the business attraction and retention strategies developed by the City, encouraging private investment while conforming with the City's comprehensive plan, restoring and enhancing the City's tax base, enhancing the value of the proposed Redevelopment Project Area, improving the environmental quality of the proposed • Redevelopment Project Area and retaining and attracting employment opportunities within the C-1 proposed Redevelopment Project Area. To achieve these objectives, the Redevelopment Plan proposes to provide assistance by paying or reimbursing costs related to the acquisition, construction and installation of public facilities, property assembly, site preparation and improvement, environmental remediation, job training and other eligible redevelopment project costs, the execution of one or more redevelopment agreements, and the payment of financing, administrative and other professional costs. Prior to the date of the hearing, each taxing district having property in the Redevelopment Project Area and the Illinois Department of Commerce and Economic Opportunity may submit written comments to the City, to the attention of the City Clerk, 150 Dexter Court, Elgin, Illinois 60120. There is hereby convened a joint review board to consider the proposed Redevelopment Plan and Project for and the designation of the proposed Redevelopment Project Area and the adoption of tax increment allocation financing therefor. The joint review board shall consist of a representative selected by each community college district, local elementary school district and high school district or each local community unit school district, park district, library district, township, fire protection district and county that will have the authority to directly levy taxes on the property within the Redevelopment Project Area at the time that the Redevelopment Project Area is approved, a representative selected by the City, and a public member. The first meeting of said joint review board shall be held at 3:00 p.m. on the 12th day of January, 2011, at the Elgin City Hall, 150 Dexter Court, Elgin, Illinois. • At the hearing, all interested persons or affected taxing districts may file written objections with the City Clerk and may be heard orally with respect to any issues regarding the approval of the Redevelopment Plan and Project for and the designation of the Redevelopment Project Area and the adoption of tax increment allocation financing therefor. The hearing may be adjourned by the Mayor and the City Council of the City without further notice other than a motion to be entered upon the minutes of the hearing fixing the time and place of the subsequent hearing. City Clerk City of Elgin Kane and Cook Counties, Illinois • C-2