Ordinance 2014-49 UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO. 2014-49
AN ORDINANCE OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS,
ADOPTING INCENTIVE PROGRAMS FOR THE CONSTRUCTION OF NEW HOMES
Passed by the City Council of the
United City of Yorkville,Kendall County, Illinois
This 28`x'day of October, 2014
Published in pamphlet form by the
authority of the Mayor and City Council
of the United City of Yorkville,Kendall
County,Illinois on November 5, 2014.
Ordinance No. 2014- Liff
AN ORDINANCE OF THE UNITED CITY OF YORKVILLE,KENDALL COUNTY,ILLINOIS
ADOPTING INCENTIVE PROGRAMS FOR THE CONSTRUCTION OF NEW HOMES
WHEREAS, the United City of Yorkville, Kendall County, Illinois (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, new construction programs to induce the construction of speculative homes
and model homes have been recommended in order to create an inventory of new homes in the
City for immediate sale; and,
WHEREAS, the Mayor and City Council have reviewed the proposed new programs and
have determined that it is in the best interest of the City and its future residential growth to adopt
the Speculative Home Incentive and the Model Home Incentive as hereinafter set forth.
NOW, THEREFORE, BE IT ORDAINED by the Mayor and City Council of the
United City of Yorkville, Kendall County, Illinois, as follows:
Section 1. There is hereby adopted a Speculative Home Incentive Program applicable to
a maximum of thirty (30) homes which authorizes a rebate of fifty percent (50%) of the City's
portion of the cost of a building permit, as hereinafter defined, where the builder meets the
following criteria:
(i) Provides proof of ownership of a minimum of ten (10) lots as a part of any
development which has been subdivided pursuant to the recordation of an
approved final plat of subdivision; and,
(ii) Builds speculative homes on no more than ten percent (10%) of the total number
of residential lots owned by such builder.
Ordinance No.2014-4q
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Any builder who has received certificates of occupancy for ten (10) homes and proof of
sale of said forms for immediate residential occupancy, shall be eligible for another reduction of
said fees.
Section 2. There is hereby adopted a Model Home Incentive Program applicable to a
maximum of fifteen (15) model homes, which authorizes any builder of residential property to
receive one hundred percent (100%) of the City's portion of the cost of a building permit, as
hereinafter defined, for the construction of a model home, subject to the following:
(i) The builder provides the City with proof of ownership of no less than ten (10)
residential lots;
(ii) No more than five percent (5%) of the residential lots owned by a single builder
are developed with model homes;
(iii) The model home may not be sold by the builder until such builder has constructed
homes, received a certificate of occupancy and has sold the homes for residential
occupancy for ninety-five percent (95%) of the total number of residential lots
owned by the builder;
(iv) A builder may be entitled to another reduction of one hundred percent (100%) of
the City's portion of permit fees applicable to another model home upon receipt
of certificates of occupancy and sale to a third party for residential use, ten (10)
homes other than the model home for which the reduction had been received; and,
(v) The builder agrees to remit fifty percent (50%) of the City's portion of permit fees
if the model home is sold within one year of the issuance of a certificate of
occupancy or one hundred percent (100%) of the reduction if such builder had
received a reduction in Speculative Home Incentive Program.
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Section 3. For purposes of this Ordinance, the City's portion of permit fees shall include
the following fees:
(i) Building permit fee;
(ii) Building plan review fee;
(iii) Water connect fee;
(iv) Sewer connect fee;
(v) Public walk and driveway fee;
(vi) Parks land cash fee;
(vii) Capital fees for municipal building, library, police, public works, engineering and
parks; and,
(viii) Inspection fees.
Section 4. All ordinances or parts of ordinances in conflict with the provisions of this
ordinance are hereby repealed to the extent of such conflict.
Section 5. This Ordinance shall be in full force and effect after its passage, publication,
and approval as provided by law.
Passed by the City Coun&rVil of the United City of Yorkville, Kendall County, Illinois,this
day of �G� 0 , 2014.
O
City clerk
CARLO COLOSIMO KEN KOCH c
JACKIE MILSCHEWSKI LARRY KOT T
CHRIS FUNKHOUSER JOEL FRIEDERS
ROSE ANN SPEARS DIANE TEELING
Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois,this
o? day of QC7-06F,P , 2014.
r
(6
Mayo
Ordinance No.2014-91
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