S9-99 Ordinance No. S9-99
AN ORDINANCE
OF THE CITY OF ELGIN, KANE AND COOK COUNTY, ILLINOIS,
APPROVING AN AMENDED REDEVELOPMENT PLAN AND AMENDED
REDEVELOPMENT PROJECT FOR THE DUNDEE/SUMMIT TAX INCREMENT
REDEVELOPMENT PROJECT AREA
WHEREAS, it is desirable and for the best interests of
the citizens of the City of Elgin, Kane and Cook County,
Illinois, for the City of Elgin to implement tax increment
allocation financing pursuant to the Tax Increment Allocation
Redevelopment Act, Division 74 .4 of Article 11 of the Illinois
Municipal Code, as amended (Act) , for a proposed amended
redevelopment plan and amended redevelopment project (Plan and
Project) within the municipal boundaries of the City of Elgin
and within a previously designated and adopted redevelopment
project area (Area) described in Section la of this ordinance,
which Area constitutes in the aggregate more than one and
one-half acres; 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 (Amended Redevelopment Plan) and
an amended redevelopment project (Project) for said territory
previously designated by Prior Ordinances and as legally
described in Exhibit A hereto 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 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, pursuant to Section 11-74 .4-5 of the Act, the
Mayor and City Council of the City of Elgin (Corporate
Authorities) called a public hearing relative to the Amended
Redevelopment Plan and amended Project area as a redevelopment
project area under the Act for August 11, 1999, at the Elgin
City Hall, Elgin, Illinois; and
emk WHEREAS, due notice in respect to such hearing was given
pursuant to Section 11-74 . 4-5 of the Act, said notice being
given to taxing districts and to the Department of Commerce
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and Community Affairs of the State of Illinois by certified
' m■ mail on June 25, 1999, by publication on July 15, 1999, and
July 22, 1999, and certified mail to taxpayers within the Area
on July 28, 1999, with the City of Elgin as an owner of
parcels within the Area hereby waiving such mailed notice; and
WHEREAS, the City of Elgin has heretofore convened a
joint review board on July 7, 1999 as required by and in all
respects in compliance with the provisions of P.A. 86-142 ,
effective August 7, 1992 ; and
WHEREAS, the Amended Redevelopment Plan and amended
Project set forth the factors that caused the previously
designated area to be in danger of becoming blighted, and the
Corporate Authorities have reviewed the information concerning
such factors presented at the public hearing and have reviewed
other studies and are generally informed of the conditions in
the previously designed Area that could cause the area to be a
"conservation area" as defined in the Act; and
WHEREAS, the Corporate Authorities have reviewed the
conditions pertaining to lack of private investment in the
Area to determine whether private development would take place
in the Area as a whole without the adoption of the proposed
amended Plan; and
WHEREAS, the Corporate Authorities have reviewed the
'° conditions pertaining to real property in the Area to
determine whether contiguous parcels of real property and
improvements thereon in the Area would be substantially
benefited by the proposed amended Project improvements; and
WHEREAS, the Corporate Authorities have reviewed the
proposed Amended Redevelopment Plan and amended Project and
also the existing comprehensive plan for development of the
City of Elgin as a whole to determine whether the proposed
Amended Redevelopment Plan and amended Project conform to the
comprehensive plan of the City of Elgin:
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF ELGIN, ILLINOIS, as follows :
Section 1 . Findings . The Corporate Authorities hereby
make the following findings :
a. The Area is 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
i.•. if set out in full by this reference .
b. There exist conditions that cause the Area to
be subject to designation as a redevelopment project area
under the Act and to be classified as a conservation area
as defined in Section 11-74 .4-3 (b) of the Act .
c . The Area on the whole has not been subject to
growth and development through investment by private
enterprise and would not be reasonably anticipated to be
developed without the adoption of the amended Plan and
amended Project .
d. The Amended Redevelopment Plan and amended
Project conform to the comprehensive plan for the
development of the Municipality as a whole .
e . As set forth in the Amended Redevelopment
Plan and in the testimony at the public hearing, the
estimated date of completion of the amended Project is
December 22 , 2009, and the estimated date of the
retirement of all obligations incurred to finance
redevelopment project costs as defined in the Amended
Redevelopment Plan is December 22 , 2009 .
f . The parcels of real property in the Area are
contiguous, and only those contiguous parcels of real
property and improvements thereon that will be
substantially benefited by the proposed amended Project
improvements are included in the Area.
Section 2 . Exhibits Incorporated by Reference. The
Amended Redevelopment Plan and amended Project, dated July
1999 amending the Redevelopment Plan and Project dated October
1986, which were the subject matter of the public hearing held
August 11, 1999, are hereby adopted and approved. A copy of
the Amended Redevelopment Plan and amended Project is set
forth in Exhibit D attached hereto and incorporated herein as
if set out in full by this reference .
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 and Effective Date . All
ordinances, resolutions, motions, or orders in conflict
herewith shall be, and the same hereby are, repealed to the
extent of such conflict, and this ordinance shall be in full
force and effect immediately upon its passage by the Corporate
Authorities and approval as provided by law.
Ed Schock, Mayor
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Presented: August 25, 1999
Passed: August 25, 1999
Vote : Yeas 6 Nays 0
Recorded: August 26, 1999
Published:
Attest :
bj.)-1 �
Dolonna Mecum, City Clerk
rft.
Exhibit A
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
Cfeet, 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, all in
the City of Elgin, Kane County, Illinois .
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Exhibit C
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Southwest corner of Dundee Avenue and Summit Street along Seneca Street
and St. John.
PLANNING DEPARTMENT
rk ELGIN, ILLINOIS 1986
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