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Ordinance 2008-020 STATE OV IILL6i W0 COUNTY OF KENDALL FILED - NOV 18 2008 ORDINANCE NO. xzjmck• ac) COUNTY CLERK KENDALL COUNTY AN ORDINANCE OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, APPROVING AN AMENDMENT TO THE DOWNTOWN YORKVILLE TAX INCREMENT FINANCING REDEVELOPMENT PROJECT AREA, WHICH REMOVES CERTAIN PARCELS FROM THE PROJECT AREA WHEREAS, the Mayor and City Council (collectively, the "Corporate Authorities "), of the United City of Yorkville, Kendall County, Illinois (the "City "), pursuant to the Tax Increment Allocation Redevelopment Act, as amended p the "TIF p ( Act") (65 ILCS 5/11- 74.4 -1, et seq.), approved the Downtown Yorkville Tax Increment Financing Redevelopment Project Area on June 13, 2006, pursuant to Ordinance No. 2006 -47 (the "Area'); and, WHEREAS, the Corporate Authorities of the City now desire to amend the Area by removing properties identified by parcel numbers 05 -39- 156 -014 and 05 -39- 156 -018 which are legally described in Exhibit A, and depicted in Exhibit B, which exhibits are attached and made a part of; and, WHEREAS, after the removal of these parcels, the parcels that remain will be referred to as the "Amended Area"; and, WHEREAS, pursuant to Section 11- 74.4 -5(a) of the TIF Act: "Changes which do not (1) add additional parcels of property to the proposed redevelopment project area, (2) substantially affect the general land uses proposed in the redevelopment plan, (3) substantially change the nature of or extend the life of the redevelopment project, or (4) increase the number of inhabited residential units to be displaced from the redevelopment project area, as measured from the time of creation of the redevelopment project area, to a total of more than 10, may be made without further hearing, provided that the municipality shall give notice of any such changes by mail to each affected taxing district and registrant on the interested parties registry, provided for under Section 11- 74.2 -4.2, and by publication in a newspaper of general circulation within the affected taxing district."; and; WHEREAS, the Amended Area includes only those contiguous parcels of real property and improvements thereon that will substantially benefit the City. NOW, THEREFORE, BE IT ORDAINED by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. The foregoing preambles are adopted as restated. Section 2. The amendment tot the United City of Yorkville Downtown Yorkville Tax Increment Financing Redevelopment Project Area, which removes parcel numbers 05 -39- 156 -014 and 05 -39- 156 -018 from the Area and results in the Amended Area, is approved. Section 3. The date of completion of the redevelopment project is not extended beyond December 31, 2029 as permitted by law. Section 4. Pursuant to the TIF Act, the changes made to the Area through this Ordinance shall be mailed to registerd parties and taxing districts, and shall be published in a newspaper of general circulation, no later than ten (10) days following the passage of this Ordinance. Section 5. This Ordinance shall be in full force and effect upon its passage, approval and publication as provided by law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois, this �_ day of 2008. ^�. CI RK 2 ROBYN SUTCLIFF tv- JOSEPH BESCO Y'\ GARY GOLINSKI , ARDEN JOSEPH PLOCHER ,_ _ WALTER WERDERICH MARTY MUNNS t ROSE ANN SPEARS U JASON LESLIE Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this // day of NAeCl -1 2008. MAYOR 3 EXHIBIT A LEGAL DESCRIPTION That part of Block 5 in Black's Addition to Yorkville described as follows: Commencing at a point on the East line of said Block 5 which is 120.0 feet northerly of the southeast comer of said block; thence westerly parallel with the North line of Van Emmon Street, 60.0 feet; thence westerly parallel, with the Center line of the Burlington Northern Railroad main track, 77.66 feet for a point of beginning; thence westerly parallel with said center line, 104.66 feet to the East line of Mill Street; thence northerly along said East line; 133.48 feet to a point which is 63.0 feet southerly of said center line; thence easterly parallel with said railroad center line. 103.50 feet; thence southerly at right angles to said center line 133.48 feet to the point of beginning in the United City of Yorkville, Kendall County, Illinois. Reserving in Grantor an easement for ingress, egress and utilities described as follows: The southerly 40.0 feet of the following described tract; that part of Block 5 in Black's Addition to Yorkville described as follows: Commencing at a point on the East line of said Block 5 which is 120.0 feet northerly of the southeast comer of said block; thence westerly parallel with the North line of Van Emmon Street, 60.0 feet; thence westerly parallel , with the Center line of the Burlington Northern Railroad main track, 77.66 feet for a point of beginning; thence westerly parallel with said center line, 104.66 feet to the East line of Mill Street; thence northerly along said East line; 133.48 feet to a point which is 63.0 feet southerly of said center line; thence easterly parallel with said railroad center line, 103.50 feet; thence southerly at right angles to said center line 133.48 feet to the point of beginning in the United City of Yorkville, Kendall County, Illinois. PARCEL TWO: That part of said North «st fractional quarter described as folluris: Com ran c-- ing at a point on the East line of; Mill Street which is 63,0 feet Sough of the center line of the Burlington Northern Railroad main track; thence Southerly along said .East line, '75.90 feet; .tfience' Easterly parallel with the North line of Van .a=n Street, 247.50 feet;. thence Northerly parallel with said East . - �line, 28.21 feet to the Northerly line of a tract of land oonvey©d to i�obb �Conta.iner corporation by a warranty deed recorded September 0, 1972 as tbcu- ir�t 724201 ext ended, Westerly; thence Easterly along said extended Northerly '.line and'said. Northerly line, which folsrs• an angle of 90 degrees, 29 minutes,, , 59 seconds with. the last described oourse, asured counter clockwise there im f�, . o four,, -the point o>c'begixu�ttg,, theiiar.- Westerly. alone the fast d , 1�"3Q feet, thence; Northerly parallel with said Fast line of 'tl� Stsee; 5ti:Z i eet to a point which is. 10:0 feet, noi7nally distant, Southerly.,of, side track number 2 of the'Burlington Northern Railroads thence . Iasterly along aline which if extended 210.89 feet would terminate at a- point , 30.0 feet, normally distant, Southerly:of the center line of the main track ..of. isaid railroad'; 150.55 feet to a line'drawri Northerly., parallel with said East line of Mill Street Erin the point of beginning; thence Southerly along said parallel line 76.52 feet: to the point of beginning, in the United City-of the ` 1lage of Yorkville, Kendall County; Illinois. Downtown Yorl. U I 'fns Increment' Financing xtvatstnE Redevelopment Project-Area J ! d Figure 1: Project Area Boundary �., 277 151 152 251 FOX RrM - A moo -�_ °' .+m -0or. 280 +o' � m •,m � � � $ 28 a �. ai '� _ _ . MAD 97; f LSOx S REMr. .,.4 430 304 .w_ ESL'- �, �+� ( c �c 37a : m w^sxwoTOx X E .H L E R S NORTH 3 ASSOCIATES INC T M 05 - 34 -1—oc¢ J