S5-99 Ordinance No. S5-99
AN ORDINANCE
PROPOSING AN AMENDED REDEVELOPMENT PLAN AND PROJECT
FOR THE PREVIOUSLY DESIGNATED DUNDEE/SUMMIT
REDEVELOPMENT PROJECT AREA, 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 (Act) , the City
of Elgin, Kane County, Illinois, is authorized to approve a
redevelopment plan for and to designate redevelopment project
areas and adopt tax increment allocation financing therefor;
and
WHEREAS, the City Council of the City of Elgin, Illinois
has heretofore caused a study to be conducted to determine the
conditions in that part of the City legally described as set
forth on Exhibit A-1 hereto and located generally at the
southwest corner of Dundee Avenue and Summit Street within the
City; and
WHEREAS, the City Council of the City of Elgin, Illinois
has determined that said territory would qualify as a
"redevelopment project area" as defined in the Act and that
said territory on the whole has not been subject to growth and
eft. development through private enterprise and would not
reasonably be anticipated to be developed without the adoption
of a redevelopment plan and the use of tax increment
allocation financing as provided in the Act; and
WHEREAS, the City Council of the City of Elgin, Illinois
has previously adopted and designated a redevelopment area and
plan for the area commonly known a the Dundee/Summit TIF
District by Ordinances S8-86 and S9-86, adopted December 22 ,
1986 (Prior Ordinances) ; and
WHEREAS, the City Council of the City of Elgin, Illinois
has determined that it is advisable that the City afford
itself of the provisions of the Act and by ordinance approve
an amended redevelopment plan (Redevelopment Plan) and an
amended redevelopment project (Project) for said territory
previously designated by Prior Ordinances and as legally
described on said Exhibit A-1 as a redevelopment project area
commonly known as the "Dundee/Summit Redevelopment Project
Area" (Redevelopment Project Area) , all as provided in the
Act; and
WHEREAS, the Act requires the City to conduct a public
hearing prior to the adoption of ordinances approving the
amended Plan and the amended Project for the previously
* designated Redevelopment Project Area, at which hearing any
interested person or affected taxing district may file with
the City Clerk written objections to and may be heard orally
with respect to the proposed approval of the amended Plan and
amended Project for the previously designated Redevelopment
Project Area; and
WHEREAS, the Act further requires that prior to holding a
public hearing, the City convene a joint review board
consisting 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, and county that has authority
to directly levy taxes on the property within the proposed
Redevelopment Project Area, a representative selected by the
City, and a public member to consider the subject matter of
the public hearing; and
WHEREAS, the City of Elgin, Illinois has previously
created a Tax Increment Financing District consisting of the
same geographic boundaries as provided for herein; and
WHEREAS, the City of Elgin has determined in its best
interests and the interests of the citizens of Elgin to amend
the redevelopment plan thereto; and
WHEREAS, the Act requires that notice of the public
hearing be given by publication and mailing.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF ELGIN, ILLINOIS, as follows :
Section 1 . The approval of the amended Redevelopment
Plan and amended Project, and the adoption of tax increment
allocation financing therefor are hereby proposed.
Section 2 . A public hearing shall be held by the Mayor
and Members of the City Council at 7 : 30 o ' clock P.M. on the
11th day of August, 1999, at Elgin City Hall , 150 Dexter
Court, Elgin, Illinois, for the purpose of hearing from any
interested persons or affected taxing districts regarding the
proposed approval of the amended Redevelopment Plan and
amended Project .
Section 3 . Notice of the hearing, substantially in the
form attached hereto as Exhibit A-2 , 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 Redevelopment Project Area. In addition,
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 person 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 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. Each mailed notice shall include a copy of the
proposed Redevelopment Plan.
Section 4 . Notice shall also be given by certified mail
to all taxing districts of which taxable property is included
in the Redevelopment Project Area and to the Illinois
Department of Commerce and Community Affairs not less than 45
days prior to the hearing, and such notice shall also include
an invitation to each taxing district and the Illinois
Department of Commerce and to the attention of the City Clerk,
150 Dexter Court, Elgin, Illinois 60120, concerning the
subject matter of the hearing. Each such mailed notice shall
include a copy of the proposed Redevelopment Plan.
Section 5 . A draft of the proposed amended Redevelopment
Plan shall be placed on file at the offices of the City no
later than June 25, 1999, being a date not less than 30 days
prior to the date of such hearing .
Section 6 . A joint review board as set forth in the Act
is hereby convened and the board shall meet, review such
documents, and issue such report as set forth in the Act . The
fist meeting of said joint review board shall be held at
4 : 00 p.m. on the 7th day of July, 1999, at Elgin, Illinois .
Section 7 . This ordinance shall become effective upon
its adoption.
E Schoc , Mayor
Presented: June 23 , 1999
Passed: June 23 , 1999
Vote : Yeas 7 Nays 0
Recorded: June 24 , 1999
Published:
Attest :
' A ,
Dolonna Mecum, City Clerk
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