HomeMy WebLinkAboutORDINANCE - 3786 - 10/25/2022 - Midway Ct Designating TIF Redevelopment Project AreaORDINANCE NO.3786
AN ORDINANCE DESIGNATING THE VILLAGE OF ELK GROVE VILLAGE
MIDWAY COURT TIF REDEVELOPMENT PROJECT AREA, IN CONNECTION
WITH THE APPROVAL OF THE MIDWAY COURT PLAN AND PROJECT
WHEREAS, it is desirable and for the best interests of the citizens of the Village of Elk
Grove, 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 15th day of June, 2021, 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 Village Board of the
Village of Elk Grove, 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 $1,564,524. 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: 6 NAYS: 0 ABSENT: 0
PASSED this 25" day of October 2022
APPROVED this 25"' day of October 2022
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Loretta M. Murphy, Village Clerk
MIDWAY COURT ORDINANCE TWO DESIGNATING RPA
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
MIDWAY COURT TIF
1. 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 I 1 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;
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. ALL IN COOK COUNTY, ILLINOIS.
EXHIBIT B:
Description of Street Location
Midway Court Redevelopment Project Area
The Midway Court Redevelopment Project Area consists of two tax parcels located between Midway
Court and Interstate 1-90, west of Busse Road and east of Higgins Road.
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Midway CourtTIF Boundary
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. Other Parcels
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Figure 1 : Redevelopment Project Area Boundary
Elk Grove Village
Midway Court TIF Redevelopment Plan and Project
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EXHIBIT D:
List of PINS in Area
Midway Court Redevelopment Project Area
PIN 2019 EAV
08-22-401-051-0000 $1,009,712
08-22-401-053-0000 $554,813
Total $1, 564, 524