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HomeMy WebLinkAboutORDINANCE - 3701 - 4/27/2021 - Redevelopment Plan and Project Adopting Tax Increment Midway CourtORDINANCE NO. 3701 AN ORDINANCE OF THE VILLAGE OF ELK GROVE VILLAGE, ILLINOIS TO CONSIDER DESIGNATING CERTAIN REAL PROPERTY AS A REDEVELOPMENT PROJECT AREA APPROVING A REDEVELOPMENT PLAN AND PROJECT AND ADOPTING TAX INCREMENT ALLOCATION FINANCING (MIDWAY CT) WHEREAS, the Mayor and the Village Board (the "Corporate Authorities ") of the Village of Elk Grove Village (the "Village"), have determined that in a certain subject area of the Village, the stable economic and physical development of the Village is endangered by the presence of factors, that without Village intervention, will result in further blighting. WHEREAS, to prevent the subject area from becoming blighted, certain factors need to be eradicated and redevelopment be undertaken. Pursuant to the Tax Increment Allocation Redevelopment Act, as supplemented and amended (the "Act"), the Corporate Authorities of the Village have further determined that it is advisable and in the best interests of the Village and certain affected taxing districts that the Village consider for approval a redevelopment plan (the "Redevelopment Plan") and project (the "Project") and designate a redevelopment project area, as legally described in Exhibit A attached hereto ("Redevelopment Project Area"), to be known as the Midway Court TIF and adopt tax increment allocation; and WHEREAS, the Act requires the Village to conduct a public hearing and convene a joint review board prior to the adoption of an ordinance approving the Redevelopment Plan and Project, designating a Redevelopment Project Area, and adopting tax increment allocation financing. At or prior to the public hearing, any interested person or affected taxing district may file with the Village Clerk written objections to and may be heard orally with respect to the proposed Redevelopment Plan and Project; and WHEREAS, the Act further requires that the Village convene a joint review board consisting of a representative of each taxing district authorized to directly levy on the taxes on the property within the proposed Redevelopment Project Area, a representative selected by the Village and a member of the public at large to consider the Report and Redevelopment Plan; and WHEREAS, the 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 Act further requires that prior to adopting such ordinance or resolution fixing the time and place of a public hearing, the Village must make available for the public inspection a draft Redevelopment Plan or separate report that provides in reasonable detail the basis for the proposed Redevelopment Project Area's qualifying as a "Conservation Area" under the Act; and WHEREAS, the firm of Camiros, Ltd. has conducted an eligibility survey of the proposed Redevelopment Project Area and has prepared its report (the "Report") concluding that the Redevelopment Project Area qualifies as a Conservation Area as defined in the Act. The Redevelopment Plan and Report have been on file and available for public inspection in the offices of the Village Clerk since April 16, 2021, as required under the Act; and WHEREAS, the Act requires that notice of the public hearing be given by publication and mailing; and WHEREAS, the Corporate Authorities have determined that it is advisable to hold a public hearing and convene a joint review board to consider the proposed approval of the Redevelopment Plan and Project. NOW, THEREFORE, BE IT ORDAINED by the Mayor and Village Board of the Village of Elk Grove, in Cook and DuPage Counties, Illinois as follows: Section 1: Time and Place of Public Hearing Fixed. A public hearing (the "Hearing") shall be held by the Mayor and Village Board at 6:45 pm on the 15th day of June, 2021 at the Village Hall 901 Wellington, Elk Grove, Illinois 60007, for the purpose of hearing from any interested person regarding the proposed approval of the Redevelopment Plan and Project, designation of the Redevelopment Project Area, and adoption of the tax increment allocation financing therefore. Section 2: Publication of Notice of Hearing Authorized. Notice of the Hearing, substantially in the form attached hereto as Exhibit B 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, all in accordance with the Act. Section 3: Mailing of Notice of Hearing Authorized. 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 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. Section 4: Notice to Taxing Districts and Department of Commerce and Economic Opportunity. 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 Economic Opportunity 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 Economic Opportunity to submit written comments prior to the date of the Hearing to the Village, to the attention of the Village Clerk, 901 Wellington, Elk Grove, Illinois 60007, concerning the subject matter of the Redevelopment Plan or the public 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 5: Notice to residents within 750 feet. The Village shall make a good faith effort to mail the attached Notice of the Public Hearing to all residents within 750 feet of the boundaries of the Redevelopment Project Area and any Interested Persons listed on the Interested Persons Registry as soon as reasonably possible after the adoption of this Ordinance. Section 7: Joint Review Board Convened. A joint review board ("JRB") as described in the Act is hereby convened and the JRB shall meet, review such documents and issue such report as set forth in the Act. The first meeting of said joint review board shall be held at 12:30 p.m. on the 20th day of May, 2021 at 901 Wellington, Elk Grove, Illinois 60007. Section 8: Interested Parties Registry. An Interested Parties Registry shall and rules for that registry shall be established. Section 9: Superseder; Effective Date. All ordinances, resolutions, motions or orders in conflict with the provisions of this Ordinance are, to the extent of such conflict, hereby repealed. This Ordinance shall become effective upon its adoption. VOTE: AYES: 6 NAYS: 0 ABSENT: 0 PASSED this 27th day of April 2021. APPROVED this 271h day of April 2021. APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Loretta M. Murphy, Village Clerk By: Jennifer S. Mahon, Deputy Village Clerk Exhibits: Legal description Form of Notice for publication and mailing EXHIBIT B LEGAL DESCRIPTION MIDWAY COURT TIF ALL THAT PART OF THE EAST HALF OF THE SOUTHEAST QUARTER OF SECTION 22, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: 2. BEGINNING AT A POINT ON THE CENTERLINE OF HIGGINS ROAD AS ORIGINALLY LAID OUT, BEING A LINE THAT FORMS AN ANGLE OF 41 DEGREES 11 MINUTES TO THE LEFT FROM THE PROLONGATION OF THE EAST LINE OF SAID SOUTH EAST QUARTER, SAID POINT BEING 547.45 FEET NORTHWESTERLY OF THE EAST LINE OF SAID SOUTHEAST QUARTER; 3. THENCE CONTINUING NORTHWESTERLY ALONG SAID CENTERLINE 238.45 FEET TO AN ANGLE IN SAID CENTER LINE; 4. THENCE CONTINUING NORTHWESTERLY ALONG SAID CENTERLINE 327.74 FEET TO A LINE 487.77 FEET EAST OF AND PARALLEL WITH THE WEST LINE OF THE EAST HALF OF THE SOUTHEAST QUARTER OF SECTION 22 AFORESAID; 5. THENCE NORTH ALONG SAID LINE 487.77 FEET EAST OF AND PARALLEL WITH THE WEST LINE OF THE EAST HALF OF THE SOUTHEAST QUARTER OF SECTION 22, A DISTANCE OF 646.90 FEET TO THE SOUTHERLY LINE OF THE NORTHERN ILLINOIS TOLL HIGHWAY; 6. THENCE SOUTHEASTERLY ALONG THE SOUTHERLY LINE OF THE NORTHERN ILLINOIS TOLL HIGHWAY 415.54 FEET TO THE NORTHWESTERLY LINE OF A 50 FEET WIDE STRIP OF LAND LYING SOUTHERLY OF THE SOUTHERLY LINE OF THE NORTHERN ILLINOIS TOLL HIGHWAY; 7. THENCE SOUTHWESTERLY AT RIGHT ANGLES TO THE SOUTHERLY LINE OF THE NORTHERN ILLINOIS TOLL HIGHWAY 50.0 FEET TO THE SOUTHERLY LINE OF A 50 FEET WIDE STRIP OF LAND LYING SOUTHERLY OF THE SOUTHERLY LINE OF THE NORTHERN ILLINOIS TOLL HIGHWAY; 8. THENCE SOUTHEASTERLY ALONG THE SOUTHERLY LINE OF A 50 FEET WIDE STRIP OF LAND LYING SOUTHERLY OF THE SOUTHERLY LINE OF THE NORTHERN ILLINOIS TOLL HIGHWAY 224.77 FEET TO A LINE PARALLEL WITH THE WITH THE EAST LINE OF THE SOUTHEAST QUARTER OF SECTION 22 AFORESAID, SAID PARALLEL LINE BEING EXTENDED NORTH FROM AFORESAID POINT BEING 547.45 FEET NORTHWESTERLY OF THE EAST LINE OF SAID SOUTHEAST QUARTER, AS MEASURED ALONG THE CENTERLINE OF HIGGINS ROAD AS ORIGINALLY LAID OUT; 9. THENCE SOUTH ALONG SAID PARALLEL LINE BEING EXTENDED NORTH FROM AFORESAID POINT BEING 547.45 FEET NORTHWESTERLY OF THE EAST LINE OF SAID SOUTHEAST QUARTER, AS MEASURED ALONG THE CENTERLINE OF HIGGINS ROAD AS ORIGINALLY LAID OUT, 331.01 FEET TO THE CENTERLINE OF HIGGINS ROAD AS ORIGINALLY LAID OUT AND THE POINT OF BEGINNING, 10. IN COOK COUNTY, ILLINOIS. Exhibit B Form of Publication NOTICE OF PLAN AVAILABILITY AND PUBLIC HEARING DATE The Village of Elk Grove Village ("Village"") is considering the adoption of a Redevelopment Plan and Project ("Plan") and the designation of the Midway Court Redevelopment Project Area ("Project Area") pursuant to the Illinois Tax Increment Allocation Act (65 ILCS 5/Art. 11 Div. 74.4). A map depicting the boundaries of the proposed Project Area is attached. The Plan is available for inspection at the office of the Village Clerk at 901 Wellington, Elk Grove, IL 60007. The Village is considering adopting the Plan and designating the Project Area to remove certain conditions that, without intervention, will lead to blight within the Project Area and have a negative impact on the Village's and other taxing districts' tax base and the overall health, welfare and safety of the Village. The Act allows for the Village to use tax increment financing ("TIF") to freeze the equalized assessed value within the Area and to pay for certain improvements ("Improvements"). The Village can then use the increase in the equalized assessed value over and above the original base to defray the costs of the Improvements. The Village believes that adopting TIF will result in an increase of the assessed value and decrease vacancies within the Project Area, which will alleviate potentially blighting conditions and protect the Village's tax base. On June 16, 2021 at 6:45 PM, the Village will hold a public hearing on the Plan at the Village Hall, 901 Wellington, Elk Grove, IL 60007. All interested parties will be given the opportunity to comment on the Plan. Written comments may also be submitted in writing prior to the hearing. Comments should be addressed to the Office of the Village Clerk, 901 Wellington, Elk Grove, IL 60007. There is a copy of the Plan on file at the Village Clerk's office which is available for public inspection. If you have any questions, please contact the Clerk's office at (847) 357-4040. (SEE ATTACHED BOUNDARY MAP) (SO L LL 0 U) F- LL �p J N 47 Q � a `o � N U LL N U m > u� o. pa assng pa assng Ira essng �O 'o N a 00 \ \oo N tC 1, 9 3 7 �a Cy g� r 4U C C co A a Tycr I N C EXHIBIT 6 MIDWAY COURT TIF TAXING DISTRICTS Elk Grove Township 600 Landmeier Road Elk Grove Village, IL 60007 Community Consolidated School District 59 1001 Leicester Rd Elk Grove Village, IL 60007 Arlington Heights Township High School District 214 2121 South Goebbert Road Arlington Heights, IL 60005 Elk Grove Park District 1000 Wellington Avenue Elk Grove Village, IL 60007 Elk Grove Rural Fire Protection District 1415 East Algonquin Road Arlington Heights, IL 60005 Harper Community College District 512 1200 West Algonquin Road Palatine, IL 60007 Cook County 118 North Clark Street Chicago, IL 60602 Village of Elk Grove Village 901 Wellington Avenue Elk Grove Village, IL 60007 Metropolitan Water Reclamation District of Greater Chicago 100 East Erie Street Chicago, IL 60611 Northwest Mosquito Abatement District 147 West Hintz Road Wheeling, IL 60090 Cook County Forest Preserve District 536 North Harlem Avenue River Forest, IL 60305 Illinois Department of Commerce and Economic Opportunity James R. Thompson Center 100 West Randolph Street Chicago, IL 60601