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Resolution 2004-34 RESOLUTION No. �O-E`5H RESOLUTION TO SET A DATE FOR A PUBLIC HEARING FOR THE UNITED CITY OF YORKVH,LE TAX INCREMENT FINANCING REDEVELOPMENT PLAN AND PROJECT BE IT ORDAINED by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, (the"City")as follows: Section 1: It is necessary and in the best interest of the United City of Yorkville that a public hearing be held prior to the adoption by the City Council of an ordinance or ordinances establishing the United City of Yorkville Tax Increment Financing Redevelopment Project and Plan and the United City of Yorkville Tax Increment Financing Redevelopment Project Area and, accordingly, it is necessary that a date for such public hearing be established and notice thereof be given, all in accordance with the provisions of the Tax Increment Allocation Redevelopment Act, as amended, 65 ILCS 7/11-74.4-1 et seq. (the "Act"). Section 2: It is hereby determined that a public hearing(the "Hearing") on the proposed United City of Yorkville Tax Increment Financing Redevelopment Project and Plan for the proposed Redevelopment Project Area, as identified in Exhibit A, attached hereto and made a part hereof(the "Area"), and the same shall be held by the Mayor and City Council of the United City of Yorkville on the 23d day of November, 2004 at City Hall, 800 Game Farm Road, Yorkville, Illinois, at 7:00 p.m. Section 3: Notice of the Hearing be, and is hereby authorized to be given by publication and mailing, said notice by publication to be given at least twice, the first publication to be not more than 30 nor less than 10 days prior to the Hearing in the Kendall County Record, being a newspaper of general circulation within the taxing districts in the Area, and said notice by 1 r mailing to be given by depositing such notice in the United States mail by certified mail 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 Area, not less than ten (10) days prior to the date set for the Hearing; provided, however, that in the event taxes for the last preceding year were not paid, notice shall also be sent to the persons last listed on the tax rolls within the preceding three years as owners of such property. Section 4: Notice of the Hearing be, and the same is hereby directed to be in substantially the following form: Public Notice is hereby given that on the 23`d day of November, 2004, the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, will hold a public hearing at 7:00 p.m. in the City Hall, 800 Game Farm Road, Yorkville, Illinois, on a proposed United City of Yorkville Tax Increment Financing Redevelopment Project and Plan as resulting from a proposed Redevelopment Project Area legally described as follows: See attached Exhibit A The Plan objectives are to reduce or eliminate blighting conditions, in the proposed redevelopment project area, to enhance the tax base of the United City of Yorkville and other affected taxing districts by encouraging private investment within the proposed redevelopment project area, to prevent the recurrence of blighting conditions, and to preserve and enhance the value of properties therein are not to be changed. To accomplish such objectives, the United City of Yorkville proposes to provide public improvements within the proposed redevelopment project area and adjacent thereto, to enter into redevelopment agreements and undertakings for the construction of improvements necessary to develop the proposed project area, all lin accordance with the provisions of"Tax Increment Allocation Redevelopment Act", effective January 10, 1977, as amended. The United City of Yorkville may issue obligations secured by the special tax allocation fund and the full faith and credit of the municipality to finance a portion of the cost of the Plan. 2 By Order of the Mayor and City Council of the United City of Yorkville this 28h day of September, 2004. e Section S: Not less than 45 days prior to the date set for the Hearing, notice is hereby directed to be given by mail as hereinabove provided to all taxing districts of which taxable property is included in the Area and such notice shall also include an invitation to each taxing district to submit written comments to the United City of Yorkville, in care of the Deputy Clerk, at City Hall, 800 Game Farm Road, Yorkville, Illinois, 60560, concerning the subject matter of the Hearing prior to the date of the Hearing. Section 6: It is hereby ordered that a Joint Review Board shall be convened within fourteen(14) days following the notice to be given to all taxing districts as provided in Section 5 hereof, to consider the proposed Redevelopment Project and Plan. This Joint Review Board shall consist of a representative selected by the community college district, the unit school district, the county, the township, the fire protection district, the park district, the library district, this United City of Yorkville and a public member to be selected by a majority of other board members, and shall act in accordance with the applicable provisions of the Act. Section 7: The document entitled "US Route 34&IL Route 47 Tax Increment Financing Redevelopment Project and Plan(Countryside Shopping Center)" constituting the redevelopment plan for the proposed redevelopment project will be available for inspection and review commencing September 17, 2004, at the United City of Yorkville City Hall, 800 Game Farm Road, Yorkville, Illinois during regular office hours. 3 Section 8: Notice by publication of the establishment of an interested parties registry which entitles all registrants to receive information on the proposed designation of a redevelopment project area and the preparation of a redevelopment plan has been authorized and has been published. Section 9: All resolutions or orders in conflict herewith be and the same hereby are, to the extent of such conflict, repealed. If any section, paragraph, clause or provision of this Resolution shall be held invalid, the invalidity of such section, paragraph, clause or provision shall not affect any of the other provisions of this Resolution. ADOPTED this day of 2004, pursuant to a roll call vote as follows: AYES:_ NAYS: ABSENT:_ APPROVED by me thin day of , 2004. I fzzl - Mayor Attest: r 4