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Ordinance 2001-07 ORDINANCE No- kpl-� ORDINANCE TO SET A DATE FOR A PUBLIC HEARING ON THE PROPOSED UNITED CITY OF YORKVILLE TAX INCREMENT FINANCING REDEVELOPMENT PROJECT AREA AND TO APPROVE A PUBLIC NOTICE FOR THE HEARING NOW'THEREFORE,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 City Council of the City on the 19' day of April, 2001, at 7:00 p.m. in the City Hall, 800 Game Farm Road, Yorkville, Illinois. 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 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 19' day of April, 2001, the 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, to enhance the real estate and sales tax base of the United City of Yorkville and other affected taxing districts by encouraging private investment in industrial development within the proposed redevelopment project area, and to preserve and enhance the value of properties therein, all in accordance with the provisions of Tax Increment Allocation Redevelopment Act", effective January 10, 1977, as amended. The Municipality may issue obligations to finance Project costs in accordance with the Plan, which obligations may also be secured by the special tax allocation fund and other available funds, if any, as now or hereafter permitted by law and which also may be secured by the full faith and credit of the municipality. 2 By Order of the Mayor and City Council of the United City of Yorkville this 22nd day of February, 2001. City Clerk Section 5: 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 as proposed and to the Illinois Department of Commerce and Community Affairs ("DCCA"), and such notice shall also include an invitation to each taxing district and DCCA to submit written comments to the City, in care of the Mayor of the United City of Yorkville, 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 following the notice to be given to the taxing districts hereinafter listed, at least fourteen(14)days prior thereto, as provided in Section 5 hereof,to consider the proposed Redevelopment Project and Plan for that proposed Redevelopment Project Area. This Joint Review Board shall consist of a representative selected by the community college district, the local elementary school district, the fire protection district, the high school district, the county, the township, this City 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. 3 r Section 7.• The document entitled "United City of Yorkville Tax Increment Financing Redevelopment Project and Plan" constituting the redevelopment plan for the proposed redevelopment project will be available for inspection and review commencing February 22, 2000, at the United City of Yorkville City Hall, 800 Game Farm Road, Yorkville, Illinois during regular office hours. Section 8: If any section, paragraph, clause or provision of this Ordinance shall be held invalid, the invalidity of such section, paragraph, clause or provision shall not affect any of the other provisions of this Ordinance. ADOPTED this 22nd day of February, 2001, pursuant to a roll call vote as follows: PAUL JAMES a&,k,� MARTY MUNNS /T pa p RICHARD STICKA (Wt MIKE ANDERSON _ VALERIE BURR --cmis — ROSE SPEARS LARRY KOT THOMAS SOWINSKI APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this 22nd day of February, A.D. 2001. MAYOR PASSED by the City Council of the United City of Yorkville, Kendall County, Illinois, this Day of February, A.D. 2001. Attest: CITY CLERK EXHIBIT A Legal Description Fox Ind>strial Park TIF District Legal Description That part of the NW quarter of Section 4, Township 36 North, Range 7 East of the Third Principal Meridian, and that part of the NE quarter of Section 5, township and range aforesaid, commending at the northeast corner of said Section 5, thence South 89°40'05" West along the north line of the northeast quarter of Section 5, 655.52' to the centerline taWQent of Illinois Route No.47 extended from the south, thence South 1°44'07"East along said centerline tangent and along the centerline of said Illinois Route No.47, 475.21', thence South 89 °58'06" East, 470.23 to the Point of Beginning, also being the Northwest Corner of Lot 4, Block 1 of Fox Industrial Park Unit Lthence South 89 °58'06" East, 1056.06', thence North 0°25'09" East, 191.58' to the southwesterly right-of-way line of Illinois Route No.126, thence South 57 °34'51" East along said right-of-way line, 357.66', thence North 89 °58'06" West 15.64', thence South 09 °09'49" West, 354.49' to the intersection of the northerly line of Beaver Street and the westerly line of Deer Street, thence South 09 109'49" West along said westerly line a distance of 1535.60' to the Southwest Corner of Fox Industrial Park Unit 4, thence North 81°52'08" West, 1410.60' along the south line of said Fox Industrial Park Unit 4 extended to the east line of Illinois Route 47, thence along said line North 1 044'07" West, 390.06' to the southwest corner of Fox Industrial Park Unit 5, thence North 81 052'08" West, 65.98' to the centerline of Illinois Route No.47, thence North 1°44'07" West, 886.00', thence North 88°15'53" East, 469.01', thence North 1°44'07" West 368.36' to the Point of Beginning, containing 62.576 acres, more or less.