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Ordinance 2012-21 UNITED CITY OF YORKVILLE KENDALL COUNTY, ILLINOIS ORDINANCE NO. 2012-21 AN ORDINANCE OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, EXTENDING THE NEW RESIDENTIAL CONSTRUCTION INCENTIVE PROGRAM BY AMENDING ORDINANCE NUMBER 2012-03 (B.U.I.L.D. Program) Passed by the City Council of the United City of Yorkville,Kendall County, Illinois This 24`x'day of July, 2012 Published in pamphlet form by the authority of the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois on July 27, 2012. Ordinance No. 2012- Z j AN ORDINANCE OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, EXTENDING THE NEW RESIDENTIAL CONSTRUCTION INCENTIVE PROGRAM BY AMENDING ORDINANCE NUMBER 2012-03 (B.U.I.L.D. Program) WHEREAS, the United City of Yorkville (the "City") is a duly organized and validly existing non home-rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of the State; and, WHEREAS, the City adopted Ordinance Number 2012-03 on January 12, 2012 adopting a residential construction incentive and stimulus program known as the Buyers of Undeveloped Infill Lot Discount ("B.U.I.L.D Program"); and WHEREAS, the B.U.I.L.D Program has been successful in the City receiving 24 applications to participate in the first 6 months of the B.U.I.L.D. Program; and WHEREAS, The Mayor and City Council have reviewed the success of the B.U.I.L.D. Program and have determined that it is in the best interest of the City and its future growth to authorize an additional thirty (30) building permits or extend the time for application until June 30, 2013 whichever occurs first. NOW, THEREFORE, BE IT ORDAINED by the City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. That Ordinance Number 2012-03 be and is herby amended by amending Sections 2 and 3 of said Ordinance to read as follows: "Section 2. Residential Building Permit Fee Rebate. Building permit fees up to $5,000 shall be rebated for the first sixty (60) new homebuyers on the condition that the homebuyer intends the home to be the buyer's permanent residence and the developer/builder agrees to match the City's rebate dollar for dollar. Section 3. That this Ordinance shall be in full force and effect immediately upon its passage by the Mayor and City Council and approval as provided by law and shall expire on the first to occur of the issuance of sixty (60) building permits qualifying for the rebate as hereinabove provided or June 30, 2013."' Section 2. This Ordinance shall be in full force and effect upon its passage, approval, and publication as provided by law. Ordinance No. 2012-_59L Page 2 Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this � day of 74 / , A.D. 2012. CITY CLERK ROSE ANN SPEARS DIANE TEELING GEORGE GILSON JR. A JACKIE MILSCHEWSKI CARLO COLOSIMO /" MARTY MUNNS CHRIS FUNKHOUSER LARRY KOT I Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this ado day of j Uq 2012. Alaw =, - - M OR Ordinance No. 2012-a Page 3