HomeMy WebLinkAboutRESOLUTION - 3-22 - 1/11/2022 - Eligibility Study TIF Arlington Heights Road and HigginsRESOLUTION NO.3-22
A RESOLUTION OF THE VILLAGE OF ELK GROVE VILLAGE, ILLINOIS
AUTHORIZING AN ELIGIBILITY STUDY FOR CERTAIN PROPERTY TO
DETERMINE ELIGIBILITY OF THE PROPERTY FOR TAX INCREMENT
FINANCING (ARLINGTON/ HIGGINS)
WHEREAS, pursuant to Section § 11-74.4A.2 of the Tax Increment Allocation
Redevelopment Act, 65 ILCS § 5/11-74.4-1, et seq. (the "TIF Act"), the Village is studying the
possible designation of certain real property located within the Village, in the area of Arlington
Heights & Higgins Roads to determine if it qualities as a "redevelopment project area" as that
term is defined in the Act; and
WHEREAS, the Village is required to adopt a Resolution or Ordinance authorizing the
preparation of an eligibility study to determine if certain real property qualifies under the
terms of the TIF Act; and
WHEREAS, the property to be studied for the possible designation of a Redevelopment
Project Area is generally depicted on Exhibit A attached hereto; and
WHEREAS, if the Village proceeds in designating the Property as a Redevelopment
Project Area, the general purpose will be to upgrade and eliminate blighting and other conditions
in its commercial area and to attract redevelopment of the area, thereby stabilizing the tax base of
the Village and its taxing districts by defraying certain costs with the increased taxes generated
within the Redevelopment Project Area; and
WHEREAS, the Village desires to adopt this Resolution in order to comply with such
requirements of the TIF Act.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Village Board of the
Village of Elk Grove Village, Counties of Cook and DuPage, State of Illinois as follows:
Section 1. The above recitals are incorporated herein and made a part hereof.
Section 2. The Mayor, or his designee, is hereby authorized and directed to engage
Camiros, Ltd. to conduct an eligibility study of the area described in Exhibit A attached hereto
in accordance with Section§ 11-74.4-4.2 of the Act.
Section 3. If a preliminary finding of eligibility is made, Camiros is hereby authorized to
prepare a draft Redevelopment Plan as defined by the TIF Act.
Section 4. Upon passage of this Resolution, a copy will be sent to each of the affected
taxing districts listed on Exhibit B attached hereto.
Section 5. The Mayor or his designee may be contacted for additional information about
the proposed Redevelopment Project Area and all comments and suggestions regarding the
Property to be studied.
Section 6. If any provision of this Resolution 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 Resolution.
Section 7. Any person having questions or suggestions about this eligibility study should
contact the Village Clerk or her designee.
Section 8. All Resolutions, Ordinances, motions or orders in conflict with this Resolution
are hereby repealed to the extent of such conflict.
Section 9. That this Resolution shall be in full force and effect from and after its passage
and approval according to law.
VOTE: AYES: 5 NAYS: 0 ABSENT: 1
PASSED this 1111 day of January 2022
APPROVED this I11h day of January 2022
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Loretta M. Murphy, Village Clerk
Attachments:
Exhibit A: General Depiction of Study Area
Exhibit B: List of Affected Taxing Districts
DRAFT - Arlington/Higgins TIF Study Area
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EXHIBIT B
ARUNGTON-HIGGINS TIF TAXING DISTRICTS
Elk Grove Township
600 Landmeier Road
Elk Grove Village, IL 60007
Community Consolidated School District 59
1001 Leicester Road
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
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