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HomeMy WebLinkAboutORDINANCE - 3759 - 5/24/2022 - Designating Arlington-Higgins TIF Redevelopment Project AreaORDINANCE NO.3759 AN ORDINANCE DESIGNATING THE ARLINGTON-HIGGINS TIF REDEVELOPMENT PROJECT AREA, IN CONNECTION WITH THE APPROVAL OF THE ARLINGTON-HIGGINS REDEVELOPMENT PLAN AND PROJECT WHEREAS, it is desirable and for the best interests of the citizens of the Village of Elk Grove Village, Cook and DuPage counties, Illinois (the "Village "), for the Village to implement tax increment allocation financing pursuant to the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4 of the Illinois Municipal Code, as amended (the "Act"), for a redevelopment plan and redevelopment project (the "Plan " and "Project ") within the municipal boundaries of the Village and within a proposed redevelopment project area (the "Area") described in Section 1 of this ordinance; and WHEREAS, the Mayor and Village Board (the "Corporate Authorities ") have heretofore by ordinance adopted and approved the Plan and Project, which Plan and Project were identified in such ordinance and were the subject, along with the Area designation hereinafter made, of a public hearing held on the loth day of May, 2022, and it is now necessary and desirable to designate the Area as a redevelopment project area pursuant to the Act: NOW, THEREFORE, BE IT ORDAINED by the Mayor and the Board of Trustees of the Village of Elk Grove Village, Cook and DuPage counties, Illinois, in the exercise of its home rule powers, as follows: Section 1: Area Designated. The Area, as described in Exhibit A attached hereto and incorporated herein as if set out in full by this reference, is hereby designated as a redevelopment project area pursuant to Section 11-74.4-4 of the Act. 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 if set out in full by this reference. Section 2: 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 3: Determination of Total Initial Equalized Assessed Valuation; Parcel Identification Numbers Identified. It is hereby expressly found and determined that the most recent assessed value of the Area as determined by the County Clerk of Cook County, Illinois (the "County Clerk") is $15,166,730. It is further hereby expressly found and determined that the list of the parcel tax identification numbers for each parcel of property included in the Area is attached hereto as EXHIBIT D and included herein by this reference is a true, correct and complete list of said numbers for said parcels of property. Section 4: Superseder and Effective Date. All ordinances, resolutions, motions or orders in conflict herewith 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. Section 5: Transmittal to County Clerk. The Village Clerk is hereby expressly directed to transmit forthwith to the Clerk of Cook County a certified copy of this ordinance, which is hereby expressly found to include a legal description of the Area, a map of the Area, identification of the year that the County Clerk shall use for determining the total initial equalized assessed value of the Area and a list of the parcel of tax identification number of each parcel of property included in the Area. VOTE: AYES: Trustees Franke, Lissner, Miller, Prochno, Feichter, Schmidt NAYS: None ABSENT: None PASSED this 24th day of May 2022 APPROVED this 241h day of May 2022 APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Loretta M. Murphy, Village Clerk OAKTON-HIGGINS ORDINANCE TWO DESIGNATING REDEVELOPMENT PROJECT AREA EXHIBITS Exhibit A: Legal Description Exhibit B: Description of Street Location Exhibit C: Map of Area Exhibit D: List of PINs in Area ELK GROVE ORDINANCE TWO DESIGNATING THE RPA 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 STREETTO 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; 20. IN COOK COUNTY, ILLINOIS EXHIBIT B: Description of Street Location Arlington -Higgins Redevelopment Project Area The Arlington -Higgins Redevelopment Project Area includes properties with frontage on the north side of Higgins Road between Arlington Heights Road and Gordon Street and commercial parcels on the east side of Arlington Heights Road south of Higgins Road and north of Oakwood Drive. EXHIBIT C MAP OF ARLINGTON-HIGGINS REDEVELOPMENT PROJECT AREA Figure 1: Redevelopment Project Area Boundary Elk Grove Village - Arlington -Higgins TIF LU w w x U W Q �. W Cn J J z Z y v Z i a r 0821401042 I r - -� 0821401036 0821401037 / ' y ' 0821401038 r -r 1 I-I*1 1 I I I I 1 0821401041 � ) HIGGlNS RO`-- 1 L` f / t I I AD 0821401039 / 0821403034 o H — J zl � 2 ' 0821403035 �O ' 0821403030 / -- 1 PROJECTAREA _ PARCELS Exhibit D ARLINGTON-HIGGINS TIF REDEVELOPMENT PROJECT AREA INITIAL EQUALIZED ASSESSED VALUE BY PIN PIN Property Address 2020 EAV 08214010360000 .420 E HIGGINS RD $443,218 ! 0821401037u000, 450 E HIGGINS RD $1,43-1,692 08214010380000 120 E HIGGINS RD $1,398.952 08214010390000 390 E HIGGINSRD$390,267 08214010410000 8 E HIGGINS RD $689,653 08214010420000 100 E HIGGINS RD $2,461,872 08214030300000 53 S ARLINGTON HEIGHTS RD $1.897,174 , 08214030340000 1 E HIGGINS RD $1,257.842 08214030350000 1 SARLINGTON HEIGHTS RD $5,196,060 TIF Total $15,166,730 D-1