HomeMy WebLinkAboutORDINANCE - 3681 - 10/13/2020 - Terminating the Grove Mall Redevelopment Project AreaORDINANCE NO.3681
AN ORDINANCE OF THE VILLAGE OF ELK GROVE VILLAGE, ILLINOIS
TERMINATING THE GROVE MALL REDEVELOPMENT PROJECT AREA
WHEREAS, the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois (the
"Village') is a home rule municipality as described in Section§ 6(a) Article VII of the 1970
Constitution of the State of Illinois and as such may exercise any power and function pertaining to
its government and affairs; and
WHEREAS, pursuant to the Tax Increment Allocation Redevelopment Act, 65 ILCS §
5/11-74.4-1, et seq. ("Act'), the Village adopted Ordinance No. 2589 designating the Village of
Elk Grove Village Grove Mall Redevelopment Project Area ("Area"); and
WHEREAS, the Village designated the Area on August 26, 1997, and the Act provides
that a redevelopment project area can have a term of no greater than twenty-three (23) years; and
WHEREAS, the twenty-three (23) year term of the Area ends on December 31, 2020 and
the Village desires to adopt this ordinance terminating the Grove Mall TIF District and to so notify
the affected taxing districts.
NOW, THEREFORE, BE IT ORDAINED by the Mayor and the Board of Trustees of
the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois, in the exercise of its
home rule powers, as follows:
Section 1: The above recitals are incorporated herein and made a part hereof.
Section 2: The Grove Mall Redevelopment Project Area is terminated effective
December 31, 2020.
Section 3: The Village Manager is directed to send a copy of this Ordinance to a
representative of all affected taxing districts prior to November 1, 2020.
Section 4: 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
other provisions of this ordinance.
Section 5: All ordinances, resolutions, motions or orders in conflict with this ordinance are
hereby repealed to the extent of such conflict.
Section 6: This ordinance shall be in full force and effect immediately upon its passage by
the Corporate Authorities and approval as provided by law.
VOTE: AYES: 6 NAYS: 0 ABSENT: 0
PASSED this 13' day of October 2020.
APPROVED this 13th day of October 2020.
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Loretta M. Murphy, Village Clerk