Resolution 2013-25 Resolution No . 2013-
A RESOLUTION AUTHORIZING THE CLOSING OF THE UNITED CITY OF
YORKVILLE ' S COUNTRYSIDE TIF ACCOUNT WITH CASTLE BANK j
i
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 has the Countryside Tax Increment Financing Account at
Castle Bank which was used for payment of TIF funds to the developer of the movie
theater; and,
Whereas , the Finance Director has requested that the above account be closed
upon payment of the remaining funds in that account to the movie theater developer.
NOW, THEREFORE, BE IT RESOLVED , by the City Council of the United
City of Yorkville, Kendall County, Illinois, as follows .
i
i
Section 1 : That the Finance Director is hereby authorized to close the City' s
existing Countryside TIF account with Castle Bank upon the payment to the movie
theater developer of the remaining funds in that account.
Section 2 : This Resolution shall be in full force and effect upon its passage and
approval as provided by law .
i
Passed by the City Council of the United City of Yorkville, Kendall County, Illinois
this day of , 2013 ,
i
i
i
CITY CLERK
i
ROSE ANN SPEARS ~ DIANE TEELING
KEN KOCH JACKIE MILSCHEWSKI
CARLO COLOSIMO JOEL FRIEDERS
CHRIS FUNKHOUSER ly LARRY KOT
i
Approved by me, as Mayor of the United City of Yorkville, Kendall County,
Illinois, this la dayof 2013 .
l
I
M
i
i
Resolution No . 2013 - d
Page 1