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Ordinance 2006-027 ORDINANCE NUMBER: 'abOb — I AN ORDINANCE OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, TO SET A DATE FOR A PUBLIC HEARING ON THE PROPOSED DOWNTOWN TAX INCREMENT FINANCING REDEVELOPMENT PROJECT AREA AND TO APPROVE A PUBLIC NOTICE FOR THE HEARING 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 Downtown Tax Increment Financing Redevelopment Project and Plan and the United City of Yorkville Downtown 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 Downtown 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 23 day of May, 2006 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 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 day of May, 2006, 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 Downtown 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 in 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. By Order of the Mayor and City Council of the United City of Yorkville this 28'' day of March, 2006. lei 2 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, 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 "Downtown Redevelopment Plan and Project" constituting the redevelopment plan for the proposed redevelopment project will be available for inspection and review commencing March 17, 2006, at the United City of Yorkville, City Hall, 800 Game Farm Road, Yorkville, Illinois during regular office hours. 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. 3 Section 9. 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 ,'T.0 day , 2006, pursuant to a roll call vote as follows: AYES NAYS: ABSENT: J ' f 4 ' �M� APPROVED by me thV day of , 2006. Mayor Attest: lei 4 EXHIBIT A LEGAL DESCRIPTION for TIF District Boundary i 5 JAMES M. OLSON ASSOCIATES, LTD. Illinois Professional Land Surveyors Land Surveyors & Land Planners 107 West Madison Street Yorkville, Illinois 60560 Phone: 630 - 553 -0050 Fax: 630 - 553 -0964 March 24, 2006 Legal Description for City of Yorkville Downtown TIF District That part of Section 32 and part of the West Half of Section 33, Township 37 North, Range 7 East of the Third Principal Meridian described as follows: Commencing at the Northwest comer of the Northeast Quarter of Section 4, Township 36 North, Range 7 East of the Third Principal Meridian, thence North 01 °11'52" East parallel with the East line of the Southwest Quarter of said Section 33, a distance of 1356.81 feet to a point on the South line of a tract described in a Quit Claim Deed from Palos Bank and Trust Company, Trust No. 1 -1620 to Bruce O. and Virginia J. Buhrmaster, his wife, recorded as Document No. 83 -5890 on December 23, 1983 which is 45.43 feet westerly, as measured along said South line, of the Southeast comer of said tract, thence South 88 0 48'09" East 45.43 feet to said southeast comer, thence North 88 11 48'09" West along said South line 415.06 feet to a westerly line of said tract, thence North 01 0 11'52" East along said westerly line 246.0 feet to a southerly line of said tract, thence North 88 0 48'09" West along said southerly line to the West line of the former Fox and Illinois Union Railway Company right -of -way; thence North 08 °10'52" East along said West line to an "old claim line" drawn southeasterly from the Southeast comer of Price's First Addition to Yorkville; thence northwesterly along said "old claim line" 486.54 feet to the Southeast comer of said Prices' Addition; thence northerly along the East line of said Price's Addition 367.63 feet to the Northeast comer thereof, • thence westerly along the North line of said Price's Addition 526.3 feet to the midpoint on the South line of Block 13 of Black's Addition to Yorkville; thence northerly 297.85 feet to the midpoint on the North line of said Block 13; thence westerly along the South line of VanEmmon Street 119.50 feet to the East line of Mill Street, thence southerly along said East line to the South line of Lot 6 in "Ter -Jac Subdivision" extended easterly; thence westerly along said extended South line, said South line and said South line extended westerly 164.5 feet to the West line of the East 6 feet of Lot 1 in said "Ter -Jac Subdivision", thence southerly along said West line 84.11 feet to the South line of said Lot 1; thence westerly along said South line of Lot 1 a distance of 190.0 feet to the West line of Heustis Street, thence northerly along said West line to a point which is JAMES M. OLSON ASSOCIATES, LTD. Illinois Professional Land Surveyors Land Surveyors & Land Planners 107 West Madison Street Yorkville, Illinois 60560 Phone: 630 - 553 -0050 Fax: 630 -553 -0964 234.30 feet southerly of, as measured along said West line, the South line of VanEmmon Street; thence westerly along a line which forms an angle of 92 0 16' with the last described course, measured clockwise therefrom, 175.0 feet; thence southerly parallel with said West line of Heustis Street 80.0 feet; thence westerly parallel with the penultimate course 52.0 feet, thence southerly along a line which forms an angle of 88 0 23' with the last described course, measured clockwise therefrom, 263.50 feet, thence westerly along a line which forms an angle of 88 °44' with the last described rom 188.0 feet to the East line of Bell Street• course measured counterclockwise therefrom, , thence southerly along said East line 259.04 feet to the South line of Fox Street, thence westerly along said South line of Fox Street to the East Line of Illinois State Route No. 47, thence southerly along said East line to the South line of Lot 6 in Block 5, Mason's Addition to Yorkville "' thence westerly along the South line of Lots 6 and 7 in said Mason's Addition to the West line of said Route No. 47, thence southerly along said West line to the South line of a tract of land described in a deed recorded January 28, 1988 as Document 880498, thence westerly along the south line of said tract and the south line of a tract described in a deed recorded February 6, 1990 as Document 900871 to the west line of Lot 5 in Block 11 of the Original Village of Yorkville extended southerly, thence northerly along the West line of Lots 5 and 4 in said Block 11 to the Southeast comer of Lot 2 in said Block 11; thence westerly along the South line of said Lot 2 and said South line extended to the West line of South Main Street, thence northerly along said West line to the South line of VanEmmon Street, thence westerly along said South line to the East line extended southerly of Lot 3 in Block 4 of Black's Addition to Yorkville extended southerly, thence northerly along said extended East line and said East line to the Northeast comer of said Lot 3, thence northerly along the East line of Lot 4 in said Addition 40.30 feet; thence easterly along a line which forms an angle of 89 0 15' with the last described course, measured counterclockwise therefrom, 38.8 feet, thence northeasterly along a line which forms an angle of 136 °00' with the last described course, measured clockwise therefrom, 14.1 feet, thence northerly along a line which forms an angle of 225 0 57' with the last described course, measured counterclockwise therefrom 32.0 feet, thence easterly along a line which forms an angle of 109 °53' with the last described course, measured counterclockwise therefrom, 64.33 feet to the West line of Adams Street, thence northerly along said West line 2 7. 0 feet to the North line of said Block 4; thence westerly along said North line 223.82 feet to the JAMES M. OLSON ASSOCIATES, LTD. Illinois Professional Land Surveyors Land Surveyors & Land Planners 107 West Madison Street Yorkville, Illinois 60560 Phone: 630 - 553 -0050 Fax: 630- 553 -0964 East line of Morgan Street, thence southerly along said East line 240.55 feet to the center line of VanEmmon Street, thence westerly along said center line and the center line of vacated VanEmmon Street and said center line extended westerly to the East line of Lot 3 in Block 24 of said Black's Second Addition; thence northerly along said east line to the south line of the north 143.0 feet to said Lot 3, thence westerly along the south line of the northerly 143.0 feet of Lots 3 and 4 in said Block 24 to the west line of said Lot 4; thence southerly along said west line to the north line of Madison Court; thence westerly along said north line to the west line of Madison Court, thence southerly to the Northeast corner of Block 23 in said Black's Second Addition; thence westerly along the North line of said Block 23 a distance of 198.0 feet to the Northwest comer thereof, thence southerly along the West line of said Block 23 a distance of 190.0 feet to the South line of Madison Street extended westerly, thence westerly along said extended South line 58.22 feet to a line drawn parallel with and 100.0 feet westerly of the West line of Lot 7 in Block 21 in said Black's Second Addition; thence southerly along said parallel line 99.91 feet to the South line extended westerly of said Lot 7, thence westerly along said extended South line 172.07 feet to the East line of White Oak Farm Unit 1; thence northerly along said East line, said East line extended and the East line of White Oak Farm Unit 2 to the southerly bank of the Fox River, thence easterly along said southerly bank to a line drawn South from the confluence of Blackbeny Creek, thence North along said line to the North bank of the Fox River, thence easterly along said North bank to the eastern corporate limits of the United City of Yorkville, thence southerly along said corporate line to the East line of the Southeast Quarter of said Section 33, thence southerly along said East line to the point of beginning in the United City of Yorkville, Kendall County, Illinois.