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HomeMy WebLinkAboutORDINANCE - 3530 - 11/14/2017 - Higgins Road Cooridor Redevelopment ORDINANCE NO. 3530 AN ORDINANCE DESIGNATING THE VILLAGE OF ELK GROVE VILLAGE HIGGINS ROAD CORRIDOR REDEVELOPMENT PROJECT AREA 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 Board of Trustees (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 24th day of October, 2017, 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 County, 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 year the County Clerk of Cook County, Illinois (the "County Clerk") shall use for determining the total initial equalized assessed valuation of the Area is 2016. 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 Village Hall. The Village Hall is hereby expressly directed to transmit forthwith to the Village Hall 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 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 14th day of November 2017. APPROVED this 14th day of November 2017. APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Loretta M. Murphy,Village Clerk EXHIBIT A-LEGAL DESCRIPTION HIGGINS ROAD CORRIDOR TIF-ELK GROVE VILLAGE, ILLINOIS 1. ALL THAT PART OF THE SOUTHEAST QUARTER OF SECTION 21 AND THE SOUTHWEST AND SOUTHEAST QUARTERS OF SECTION 22, ALL IN TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, BOUNDED AND DESCRIBED AS FOLLOWS: 2. BEGINNING AT THE SOUTHEAST CORNER OF THE SOUTHWEST QUARTER OF SECTION 22 AFORESAID, BEING ALSO ON THE CENTERLINE OF OAKTON STREET; 3. THENCE NORTH ALONG THE EAST LINE OF SAID SOUTHWEST QUARTER OF SECTION 22 TO THE SOUTHEAST CORNER OF LOT 1 IN FIRE DEPARTMENT SUBDIVISION, BEING A SUBDIVISION IN THE SOUTHWEST QUARTER OF SECTION 22 AFORESAID; 4. THENCE SOUTHWESTERLY ALONG THE SOUTHEASTERLY LINE OF LOT 1 IN FIRE DEPARTMENT SUBDIVISION AND THE SOUTHWESTERLY EXTENSION THEREOF TO THE CENTERLINE OF OAKTON STREET, BEING ALSO THE SOUTH LINE OF THE SOUTHWEST QUARTER OF SECTION 22 AFORESAID; 5. THENCE WEST ALONG SAID CENTERLINE OF OAKTON STREET, AND SAID SOUTH LINE OF THE SOUTHWEST QUARTER OF SECTION 22 TO THE SOUTHERLY EXTENSION OF THE EAST LINE OF WILD OAK SUBDIVISION OF A PART OF THE SOUTHEAST QUARTER OF SECTION 21 AND PART OF THE SOUTHWEST QUARTER OF SECTION 22 AFORESAID; 6. THENCE NORTH ALONG SAID SOUTHERLY EXTENSION AND THE EAST LINE OF WILD OAK SUBDIVISION TO THE NORTH LINE THEREOF; 7. THENCE WEST ALONG SAID NORTH LINE OF WILD OAK SUBDIVISION TO THE EAST LINE OF THE SOUTHEAST QUARTER OF SECTION 21 AFORESAID; 8. THENCE NORTH ALONG SAID EAST LINE OF THE SOUTHEAST QUARTER OF SECTION 21 TO THE CENTERLINE OF HIGGINS ROAD; 9. THENCE WEST ALONG SAID CENTERLINE LINE OF HIGGINS ROAD TO THE SOUTHERLY EXTENSION OF THE WEST LINE OF GORDON STREET; 10. THENCE NORTH ALONG SAID SOUTHERLY EXTENSION AND THE WEST LINE OF GORDON STREET TO THE WESTERLY EXTENSION OF THE NORTH LINE OF LOT 77 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 47, A RESUBDIVISION IN SECTION 21 AFORESAID; 11. THENCE EAST ALONG SAID WESTERLY EXTENSION AND THE NORTH LINE OF LOT 77 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 47 AND THE NORTH LINE OF LOT 22 IN SAID SUBDIVISION AND THE EASTERLY EXTENSION THEREOF TO THE CENTERLINE OF GAYLORD ROAD; 12. THENCE SOUTH ALONG SAID CENTERLINE OF GAYLORD ROAD TO THE WESTERLY EXTENSION OF THE NORTH LINE OF LOT 88 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 55, A RESUBDIVISION IN SECTIONS 21 AND 22 AFORESAID; 13. THENCE EAST ALONG SAID WESTERLY EXTENSION AND THE NORTH LINE OF LOT 88 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 55 TO THE EAST LINE THEREOF; 14. THENCE SOUTH ALONG SAID EAST LINE OF LOT 88 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 55 TO THE NORTH LINE OF LOT 1 IN IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 6, A RESUBDIVISION IN THE WEST HALF OF SECTION 22 AFORESAID; 15. THENCE EAST ALONG SAID NORTH LINE OF LOT 1 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 6 AND THE EASTERLY EXTENSION THEREOF TO THE CENTERLINE OF KING STREET; 16. THENCE SOUTH ALONG SAID CENTERLINE OF KING STREET TO THE WESTERLY EXTENSION OF THE NORTH LINE OF LOT 1 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 4, A RESUBDIVISION IN THE WEST HALF OF SECTION 22 AFORESAID; 17. THENCE EAST ALONG SAID WESTERLY EXTENSION AND THE NORTH LINE OF LOT 1 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 4 TO THE WEST LINE OF LOT 1 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 1, A RESUBDIVISION IN THE WEST HALF OF SECTION 22 AFORESAID; 18. THENCE NORTH ALONG SAID WEST LINE OF LOT 1 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 1 TO THE NORTH LINE THEREOF; 19. THENCE EAST ALONG SAID NORTH LINE OF LOT 1 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 1 AND THE EASTERLY EXTENSION THEREOF TO THE CENTERLINE OF SCOTT STREET; 20. THENCE SOUTH ALONG SAID CENTERLINE OF SCOTT STREET TO THE WESTERLY EXTENSION OF THE NORTH LINE OF LOT 12 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 1 AFORESAID; 21. THENCE EAST ALONG SAID WESTERLY EXTENSION AND THE NORTH LINE OF LOT 12 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 1 AND THE NORTH LINE OF LOT 13 IN SAID SUBDIVISION AND THE EASTERLY EXTENSION THEREOF TO THE CENTERLINE OF BOND STREET; 22. THENCE SOUTH ALONG SAID CENTERLINE OF BOND STREET TO THE WESTERLY EXTENSION OF THE SOUTH LINE OF THE NORTH 308 FEET OF LOT 24 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 1 AFORESAID; 23. THENCE EAST ALONG SAID WESTERLY EXTENSION AND THE SOUTH LINE OF THE NORTH 308 FEET OF LOT 24 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 1 TO THE EAST LINE THEREOF, BEING ALSO THE WEST LINE OF LOT 2 IN TELAR 4TH RESUBDIVISION OF LOTS I &2 OF TELAR 3RD RESUBDIVISION OF LOT 3 IN FINEGAN SUBDIVISION UNIT 3, A RESUBDIVISION OF PART OF LOTS 7 & 12 IN MAYFAIR INDUSTRIAL PARK UNIT 2 IN THE WEST HALF OF SECTION 22 AFORESAID; 24. THENCE NORTH ALONG SAID WEST LINE OF LOT 2 IN TELAR 4TH RESUBDIVISION TO THE NORTH LINE THEREOF; 25. THENCE EAST ALONG SAID NORTH LINE OF LOT 2 IN TELAR 4TH RESUBDIVISION AND THE EASTERLY EXTENSION THEREOF, ACROSS MARTIN LANE, TO THE NORTH LINE OF LOT 2 IN THE LOUIS E. SASS MEMORIAL SUBDIVISION OF PART OF THE WEST HALF OF SECTION 22 AFORESAID; 26. THENCE CONTINUING EAST ALONG SAID NORTH LINE OF LOT 2 IN THE LOUIS E. SASS MEMORIAL SUBDIVISION TO THE EAST LINE THEREOF; 27. THENCE SOUTH ALONG SAID EAST LINE OF LOT 2 IN THE LOUIS E. SASS MEMORIAL SUBDIVISION TO THE NORTH LINE OF LOT 1 IN MALNATI RESUBDIVISION OF LOT 11 IN MAYFAIR INDUSTRIAL PARK UNIT 2 AND LOT I IN THREE MUSKETEERS SUBDIVISION IN THE EAST HALF OF THE SOUTHWEST QUARTER OF SECTION 22 AFORESAID; 28. THENCE EAST ALONG SAID NORTH LINE OF LOT 1 IN MALNATI RESUBDIVISION AND THE EASTERLY EXTENSION THEREOF TO THE CENTERLINE OF JOEY DRIVE; 29. THENCE SOUTH ALONG SAID CENTERLINE OF JOEY DRIVE TO THE WESTERLY EXTENSION OF THE NORTH LINE OF LOT 2 IN W.C. SASS SUBDIVISION IN ELK GROVE VILLAGE, A SUBDIVISION OF PART OF THE WEST HALF OF SECTION 22 AFORESAID; 30. THENCE EAST ALONG SAID WESTERLY EXTENSION AND THE NORTH LINE OF LOT 2 IN W.C. SASS SUBDIVISION IN ELK GROVE VILLAGE TO THE WEST LINE OF THE SOUTHEAST QUARTER OF SECTION 22 AFORESAID; 31. THENCE NORTH ALONG SAID WEST LINE OF THE SOUTHEAST QUARTER OF SECTION 22 TO THE NORTH LINE OF LOT I IN GERALI SUBDIVISION OF PART OF THE WEST HALF OF THE SOUTHEAST QUARTER OF SECTION 22 AFORESAID; 32. THENCE EAST ALONG SAID NORTH LINE OF LOT 1 IN GERALI SUBDIVISION AND THE EASTERLY EXTENSION THEREOF TO THE CENTERLINE OF LIVELY BOULEVARD; 33. THENCE SOUTH ALONG SAID CENTERLINE OF LIVELY BOULEVARD TO THE WESTERLY EXTENSION OF THE SOUTH LINE OF GARLISCH SUBDIVISION UNIT NO. 8,A SUBDIVISION OF WEST HALF OF THE EAST HALF OF SECTION 22 AFORESAID; 34. THENCE EAST ALONG SAID WESTERLY EXTENSION AND THE SOUTH LINE GARLISCH SUBDIVISION UNIT NO. 8, AND CONTINUING ALONG THE SOUTH LINES OF GARLISCH SUBDIVISION UNIT NOS. 15, 16 AND 17, ALL BEING PARTS OF THE WEST HALF OF THE EAST HALF OF SECTION 22 AFORESAID, TO THE EAST LINE OF LOT 1 IN RISTOW'S SUBDIVISION OF EAST 189 FEET OF THE WEST 878 FEET OF THE WEST HALF OF THE SOUTHEAST QUARTER OF SECTION 22 AFORESAID; 35. THENCE SOUTH ALONG SAID EAST LINE OF LOT 1 IN RISTOW'S SUBDIVISION AND THE SOUTHERLY EXTENSION THEREOF TO THE CENTERLINE OF HIGGINS ROAD; 36. THENCE EASTERLY ALONG THE CENTERLINE OF HIGGINS ROAD TO THE NORTHERLY EXTENSION OF THE CENTERLINE OF SEEGERS AVENUE; 37. THENCE SOUTH ALONG SAID NORTHERLY EXTENSION AND THE CENTERLINE OF SEEGERS AVENUE TO THE WESTERLY EXTENSION OF THE SOUTH LINE OF LOT 24 IN HIGGINS INDUSTRIAL PARK UNIT 14,A SUBDIVISION OF PART OF THE WEST HALF OF THE SOUTHEAST QUARTER OF SECTION 22 AFORESAID; 38. THENCE EAST ALONG SAID WESTERLY EXTENSION AND THE SOUTH LINE OF LOT 24 IN HIGGINS INDUSTRIAL PARK UNIT 14 TO THE EAST LINE THEREOF, BEING ALONG THE EAST LINE OF THE WEST HALF OF THE SOUTHEAST QUARTER OF SECTION 22 AFORESAID; 39. THENCE SOUTH ALONG SAID EAST LINE OF THE WEST HALF OF THE SOUTHEAST QUARTER OF SECTION 22 TO THE SOUTH LINE THEREOF, BEING ALSO THE CENTERLINE OF OAKTON STREET; 40. THENCE WEST ALONG SAID CENTERLINE OF OAKTON STREET, AND THE SOUTH LINE OF THE SOUTHEAST QUARTER OF SECTION 22, TO THE SOUTHEAST CORNER OF THE SOUTHWEST QUARTER OF SECTION 22 AND THE POINT OF BEGINNING, 41. ALL IN ELK GROVE VILLAGE, IN COOK COUNTY, ILLINOIS. EXHIBIT B—STREET LOCATION The Area contains 85 acres. The street location of the Area is: The Project Area is generally bounded by Seegers Avenue on the east and Oakton Street on the south. The north lines of properties abutting Higgins Road between Gordon Street and approximately Seegers Avenue form the Project Area's northern boundary. The western boundary of the Study Area is formed by Gordon Street north of Higgins Road and the west lines of unincorporated property that is being annexed into the Village and industrial uses on the west side of Stanley Street. EXHIBIT C—MAP E 3" EL 3 � S 7t je w "...........r mh a W�w _.. Legend �a L PARCEL3 '. 1. Figure A: Study Area c`.move t'pr age € -taqpnzr Road Corr9for T,F < Ca---' 7 12017 EXHIBIT D HIGGINS ROAD CORRIDOR REDEVELOPI ENT PROJEGTAREA INITIAL EQUALIZED ASSESSED VALUE BY PI N # 2016 PIN 2016 EAV # 2016 PIN 2016 EAV 1 08-21-401-010-0000 _ $329,354 39 08-22-304-006-0000 $45,641 2 08-21-401-027-0000 $738,413 40 08-22-400-044-0000 $127,862 3 08-22-300-006-0000 $1,877,056 41 08-22-400-045-0000 $439,612 4 08-22-300-009-0000 $480,513 42 08-22-400-046-0000 $511,584 5 08-22-300-012-0000 $655,638 43 08-22-400-047-0000 $68,799 6 08-22-300-031-0000 $376,495 44 08-22-400-049-0000 $537,937 7 08-22-300-044-0000 $0 45 08-22-400-054-8001 $0 8 08-22-300-059-0000 $337,474 46 08-22-400-054-8002 $891 9 08-22-301-009-0000 $280,320 47 08-22-400-055-0000 $37,468 10 08-22-301-029-0000 $950,801 48 08-22-400-064-0000 $434,863 11 08-22-301-031-0000 $490,560 49 08-22-402AO7-0000 $220,163 12 08-22-301-065-0000 $297,722 50 08-22-402-008-0000 $177,703 51 08-22-402-009-0000 $339,482 13 08-22-301-067-0000 $682,540 14 08-22-302-002-0000 $6,238 52 08-22-402-010-0000 $147,401 15 08-22-302-003-0000 $265,704 53 08-22-402-015-0000 $S22,065 16 09-22-302-005-0000 $69,769 54 08-22-402-016-0000 $209,438 17 08-22-302-012-0000 $360,912 55 08-22-402-017-0000 $192,720 18 08-22-302-016-0000 $248,624 56 08-22-402-018-0000 $96,542 19 08-22-302-017-0000 $248,624 57 08-22-402-019-0000 $181,479 20 08-22-302-018-0000 $248,624 58 08-22-402-020-0000 $210,240 21 08-22-302-019-0000 $327,927 59 08-22-402-021-0000 $182,208 22 08-22-302-020-0000 $208,348 60 08-22-402-038-0000 $219,561 23 08-22-302-021-0000 $86,599 61 08-22-402-039-0000 $138,041 24 08 22-302-022-0000 $74,075 62 08-22-402-040-0000 $382,466 25 08-22-302-023-0000 $126,867 63 08-22-402-041-0000 $242,993 26 08-22-302-024-0000 $220,752 64 08-22-402-042-0000 $212,979 27 08-22-302-025-0000 $130,413 65 08-22-402-043-0000 $394,253 28 08-22-302-026-0000 $196,297 66 08-22-402-044-0000 $198,677 29 08-22-302-027-0000 $169,832 67 08-22-402-046-0000 $383,851 30 08-22-302-028-0000 $502,569 68 08-22-402-047-0000 $315,727 31 08-22-303-002-0000 $4,808 69 08-22-402-048-0000 $143,302 32 08-22-303-008-0000 $0 70 08-22-402-049-0000 $399,456 71 08-22-402-050-0000 $414,874 33 08-22-303-009-0000 $4,995 3 72 08-22-402-051-0000 $481,800 4 08-22-304-001-0000 $24,576 35 08-22-304-002-0000 $62,850 73 08-22-402-052-0000 $595,680 36 08-22-304-003-0000 $81,055 74 08-22-402-054-0000 $25,543 37 08-22-304-004-0000 $37,080 75 08-22-402-055-0000 $322,368 38 08-22-304-005-0000 $128,885 76 08-22-402-056-0000 $273,312 D-1 # 2016 PUN 2016 E" 77 08-22-402-057-0000 _- $0 78 08-22-402-058-0000 $273,088 79 08-22-402-060-0000 $268,911 80 08-22-402-061-0000 $290,832 81 08-22-402-064-0000 $381,437 82 08-22-402-065-0000 $188,302 83 08-22-402-067-0000 $1S0,950 84 08-22-402-068-0000 $332,880 85 08-22-402-069-0000 $170,322 86 08-22-402-070-0000 $385,440 87 08-22-402-071-0000 $178,272 88 08-22-402-072-0000 $78,394 89 08-22-402-073-0000 $313,081 90 08-22-402-074-0000 $330,508 91 08-22-402-075-0000 $148,570 92 08-22-402-079-0000 $151 93 08-22-402-081-0000 $553,366 94 08-22-402-082-0000 $2,453 95 08-22-402-083-0000 $26,249 96 08-22-402-084-0000 $727,781 97 08-22-402-085-0000 $135,762 98 08-22-402-086-0000 $181,286 Total $26,280,325 D-2