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HomeMy WebLinkAboutORDINANCE - 3747 - 3/22/2022 - Arlington Heights/Higgins TIF - Designating and Approving Redevelopment Plan and Adopting TIFORDINANCE No. 3747 AN ORDINANCE TO CONSIDER DESIGNATING CERTAIN REAL PROPERTY AS A REDEVELOPMENT PROJECT AREA, APPROVING A REDEVELOPMENT PLAN AND PROJECT AND ADOPTING TAX INCREMENT ALLOCATION FINANCING WHEREAS, the Mayor and the Village Board (the "Corporate Authorities ") of the Village of Elk Grove Village, in Cook and DuPage counties, Illinois (the "Village"), have determined that the stable economic and physical development of the Village is endangered by the presence of factors, that without Village intervention, will result in blighting within certain areas of the Village, as legally described in Exhibit A attached hereto; and WHEREAS, to prevent the subject area from becoming blighted, certain factors need to be eradicated and redevelopment be undertaken. Therefore, pursuant to the Tax Increment Allocation Redevelopment Act, as supplemented and amended (the "Act"), the Mayor and Village Board (the "Corporate Authorities") of the Village of Elk Grove Village, Cook and DuPage counties, Illinois (The "Village") hereby determines that it is advisable and in the best interests of the Village and certain affected taxing districts that the Village consider approval of 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 Arlington -Higgins Road Redevelopment Project and adopt tax increment allocation financing for the Redevelopment Project Area; 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 a redevelopment plan and project, designating a redevelopment project area, and adopting tax increment allocation financing therefore, at which 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 such joint review board consist of a representative selected by 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 public member to consider the subject matter of the public hearing; 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 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") and has concluded that the Redevelopment Project Area qualifies as a "conservation area" as defined in the Act, which survey and findings have been presented to the Corporate Authorities and are now on file in the official files and records of the Village; and WHEREAS, a draft of the proposed Redevelopment Plan and Project, which includes the Report, has been on file and available for public inspection in the offices of the Village Clerk since March 11, 2022, 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 Plan and Project. NOW, THEREFORE, BE IT ORDAINED by the Mayor and Board of Trustees of the Village of Elk Grove Village, Cook and DuPage counties, Illinois as follows: Section 1: Redevelopment Plan and Project Proposed. Subject to the terms of the Act, the Village is considering approval of Redevelopment Plan and Project, including the designation of the Redevelopment Project Area, and the adoption of tax increment allocation financing. A draft of the Redevelopment Plan was placed on file at the offices of the Village on March 11, 2022, a date being a not less than 10 days prior to the adoption of this Ordinance. Section 2: Time and Place of Public Hearing Fixed. A public hearing (the "Hearing") shall be held by the Mayor and Board of Trustees of the Village at 6:45 pm on May 10, 2022 at the Village Hall of Elk Grove Village, 901 Wellington, Elk Grove Village, Illinois, for the purpose of hearing from any interested persons or affected taxing districts 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 3: 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, 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. Section 4: 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 5: Notice to Taxing Districts. 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 Community Affairs 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 Village, Illinois 60007, concerning the subject matter of the 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 6: Mailing of Notice of Hearing. Notice of public hearing shall be sent 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 1:00 PM on the 14th day of April, 2022, at 901 Wellington, Elk Grove Village, Illinois 60007. Section 8: 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: 5 NAYS: 0 ABSENT: 1 PASSED this 22"d day of March 2022 APPROVED this 22"d day of March 2022 APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Loretta M. Murphy, Village Clerk Exhibit A Legal Description Arlington -Higgins Redevelopment Project Area 1. ALL THAT PART OF THE SOUTHEAST QUARTER OF SECTION 21, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: 2. BEGINNING AT THE NORTHWEST CORNER OF LOT 2 IN SCHNELL'S DIVISION, BEING A SUBDIVISION IN SECTION 21 AFORESAID, BEING ALSO THE INTERSECTION OF THE CENTERLINE OF HIGGINS ROAD WITH THE CENTERLINE OF ARLINGTON HEIGHT ROAD LYING SOUTH OF HIGGINS ROAD; 3. THENCE SOUTHEASTERLY ALONG SAID CENTERLINE OF HIGGINS ROAD TO THE SOUTHERLY EXTENSION OF THE CENTERLINE OF ARLINGTON HEIGHTS ROAD LYING NORTH OF HIGGINS ROAD AFORESAID; 4. THENCE NORTHERLY ALONG SAID SOUTHERLY EXTENSION AND THE CENTERLINE OF ARLINGTON HEIGHTS ROAD LYING NORTH OF HIGGINS ROAD TO THE WESTERLY EXTENSION OF THE NORTH LINE OF LOT 2 IN MOBIL OIL AND THE FIRST NATIONAL BANK OF CHICAGO'S ELK GROVE VILLAGE RESUBDIVISION OF PART OF LOT 62 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT 41 AND PART OF LOT 4 IN ARTHUR B. SCHARRINGHAUSEN'S RESUBDIVISION OF PARTS OF SECTIONS 21 AND 22; 5. THENCE EAST ALONG SAID WESTERLY EXTENSION AND THE NORTH LINE OF LOT 2 IN MOBIL OIL AND THE FIRST NATIONAL BANK OF CHICAGO'S ELK GROVE VILLAGE RESUBDIVISION, AND THE EASTERLY EXTENSION THEREOF TO THE EAST LINE OF RANDALL STREET; 6. THENCE SOUTH ALONG SAID EAST LINE OF RANDALL STREET TO THE NORTH LINE OF LOT 1 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 23, BEING A RESUBDIVISION IN THE SOUTHEAST QUARTER OF SECTION 21 AFORESAID; 7. THENCE EAST ALONG SAID NORTH LINE OF LOT 1 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 23 TO THE NORTH LINE OF LOT 1 IN JOHN L. MARKAY RESUBDIVISION IN THE SOUTHEAST QUARTER OF SECTION 21 AFORESAID; 8. THENCE EAST ALONG SAID NORTH LINE OF LOT 1 IN JOHN L. MARKAY RESUBDIVISION AND THE EASTERLY EXTENSION THEREOF TO THE EAST LINE OF KELLY STREET; 9. THENCE SOUTH ALONG SAID EAST LINE OF KELLY STREET TO THE NORTH LINE OF LOT 1 IN THE RESUBDIVISION OF LOT 80 (EXCEPT THE EAST 200 FEET THEREOF IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 50) IN SECTION 21 AFORESAID; 10. THENCE EAST ALONG SAID NORTH LINE OF LOT 1 IN THE RESUBDIVISION OF LOT 80 (EXCEPT THE EAST 200 FEET THEREOF IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 50) TO THE NORTHEAST CORNER THEREOF; 11. THENCE SOUTH ALONG THE EAST LINE OF LOT 1 IN THE RESUBDIVISION OF LOT 80 (EXCEPT THE EAST 200 FEET THEREOF IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 50) TO THE NORTH LINE OF LOT 2 IN HARDY'S RESUBDIVISION OF THE EAST 200 FEET OF LOT 80 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 50 AFORESAID; 12. THENCE EAST ALONG SAID NORTH LINE OF LOT 2 IN HARDY'S RESUBDIVISION OF THE EAST 200 FEET OF LOT 80 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 50 TO THE WEST LINE OF GORDON STREET; 13. THENCE SOUTH ALONG SAID WEST LINE OF GORDON STREET AND THE SOUTHERLY EXTENSION THEREOF TO THE SOUTH LINE OF HIGGINS ROAD; 14. THENCE NORTHWESTERLY ALONG SAID SOUTH LINE OF HIGGINS ROAD TO THE EASTERLY LINE OF LOT 1 IN ELK GROVE VILLAGE SECTION 1 NORTH, BEING A SUBDIVISION IN THE SOUTHEAST QUARTER OF SECTION 21 AFORESAID; 15. THENCE SOUTH AND SOUTHWESTERLY ALONG SAID NORTHERLY EXTENSION AND THE EASTERLY LINE OF LOT 1 IN ELK GROVE VILLAGE SECTION 1 NORTH TO THE SOUTHERLY LINE THEREOF; 16. THENCE NORTHWESTERLY ALONG SAID SOUTHERLY LINE OF LOT 1 IN ELK GROVE VILLAGE SECTION 1 NORTH, AND THE WESTERLY EXTENSION THEREOF TO THE CENTERLINE OF ARLINGTON HEIGHTS ROAD, BEING ALSO THE EASTERLY LINE OF LOT 2 IN ED PINGEL'S DIVISION, BEING AN OWNER'S DIVISION OF PART OF THE SOUTH HALF OF SECTION 21 AFORESAID; 17. THENCE NORTHERLY ALONG SAID EASTERLY LINE OF LOT 2 IN ED PINGEL'S DIVISION TO THE WESTERLY LINE OF LOT 1 IN SCHNELL'S DIVISION AFORESAID, BEING ALSO THE CENTERLINE OF ARLINGTON HEIGHTS ROAD AFORESAID; 18. THENCE NORTHERLY ALONG SAID WESTERLY LINE OF LOT 1 IN SCHNELL'S DIVISION, BEING ALSO THE CENTERLINE OF ARLINGTON HEIGHTS ROAD, TO THE SOUTHWEST CORNER OF LOT 2 IN SCHNELL'S DIVISION AFORESAID; 19. THENCE CONTINUING NORTHERLY ALONG THE WESTERLY LINE OF LOT 2 IN SCHNELL'S DIVISION, BEING ALSO THE CENTERLINE OF ARLINGTON HEIGHT ROAD, TO THE NORTHWEST CORNER OF LOT 2 IN SCHNELL'S DIVISION, BEING ALSO THE INTERSECTION OF THE CENTERLINE OF HIGGINS ROAD WITH THE CENTERLINE OF ARLINGTON HEIGHT ROAD LYING SOUTH OF HIGGINS ROAD, AND THE POINT OF BEGINNING; IN COOK COUNTY, ILLINOIS. Exhibit B NOTICE OF PUBLIC HEARING DATE Pursuant to the Illinois Tax Increment Allocation Act (65 ILCS 5/Art. 11 Div. 74.4), the Village of Elk Grove ("Village") is considering adopting the Arlington - Higgins Redevelopment Plan and Project and designating the Arlington -Higgins Redevelopment Project Area in order 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 the other taxing districts' tax base and the overall health, welfare and safety of the Village. A legal description of the boundaries of the proposed Arlington -Higgins Redevelopment Project Area is attached. 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 within the Project Area, which will alleviate potentially blighting conditions and protect the Village's tax base. On May 10, 2022 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. If you have any questions, please contact the Clerk's office at (847) 357-4040.