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Ordinance 2005-010B I ORDINANCE No. fo bs - AN ORDINANCE OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, DESIGNATING THE U.S. ROUTE 34 AND ILL. ROUTE 47 (COUNTRYSIDE SHOPPING CENTER) A TAX INCREMENT REDEVELOPMENT PROJECT AREA PURSUANT TO THE TAX INCREMENT ALLOCATION REDEVELOPMENT ACT WHEREAS, it is desirable and in the best interests of the citizens of the United City of Yorkville, Kendall County, Illinois (the "Municipality "), for the Municipality to implement tax increment allocation financing pursuant to the Tax Increment Allocation Redevelopment Act (the "Act "), as amended 65 ILCS 5/11- 74.4 -1 et seq. for a redevelopment project and plan (the "Project and Plan ") within the municipal boundaries of the Municipality and within a proposed redevelopment project area (the "Area") described in Section 1 of this Ordinance; and, WHEREAS, the Mayor and City Council of the Municipality (the "Corporate Authorities ") have heretofore by ordinance adopted and approved the Project and Plan, which Project and Plan were identified in such ordinance and were the subject, along with the Area designation hereinafter made, of a public hearing held on the 23` day of November, 2004, at the Yorkville City Hall, and it is now necessary and desirable to designate the Area as a "redevelopment project area" pursuant to the Act. NOW, THEREFORE, BE IT ORDAINED by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. Area Designated. The Area, as legally described in Exhibit A attached hereto and incorporated herein as if set out in full by this reference, is hereby designated as a redevelopment project area pursuant to Section 11- 74.4 -4 of the Act. The map of the Area is STATE OF ILLINOIS COUNTY OF K NDALL FEB F1 LED 18 2005 County Clerk 3( Kendall County depicted on Exhibit B attached hereto and incorporated herein as if set out in full by this reference. Section 2. Invalidity of Any Section. If any section, paragraph or provision of this Ordinance shall be held to be invalid or unenforceable for any reason, the invalidity or i unenforceability of such section, paragraph or provision shall not affect any of the remaining provisions of this Ordinance. Section 3. Superseder and Effective Date. All ordinances, resolutions, motions or I orders in conflict herewith the same hereby are, repealed to the extent of such conflict, and this I Ordinance shall be in full force and effect immediately upon its passage by the Corporate Authorities and approval as provided by law. PASSED this day of , 2005. APPROVED: /i ayor AYES: NAYS: ABSENT: Attest: �;tyUrk ExhibitA Legal Description i Exhibit A LEGAL DESCRIPTION The boundaries of the Project Area have been carefully drawn to include only real property and improvements substantially benefited by the proposed Redevelopment Project to be undertaken as part of this Redevelopment Plan. The boundaries of the Project Area are generally coterminous with the property assigned the 2003 tax parcel number 02 -28- 104 -015 plus adjacent right -of -way along IL Route 47. The Project Area boundaries are shown in Figure 1, Project Area Boundary, and legally described below. LOT 7 (EXCEPT THAT PART DESCRIBED AS FOLLOWS: COMMENCING AT THE MOST EASTERLY SOUTHEAST CORNER OF SAID LOT 7; THENCE NORTH 80 DEGREES 58 MINUTES 11 SECONDS WEST ALONG SOUTHERLY LINE, 309.0 FEET TO A SOUTHEAST CORNER OF SAID LOT 7 FOR A POINT OF BEGINNING; THENCE SOUTH 80 DEGREES 58 MINUTES 11 SECONDS EAST ALONG SAID SOUTHERLY LINE 209.0 FEET TO A SOUTHEAST CORNER OF SAID LOT 7; THENCE NORTH 04 DEGREES 45 MINUTES 00 SECONDS EAST ALONG AN EASTERLY LINE OF SAID LOT 7, 90.0 FEET; THENCE NORTH 80 DEGREES 58 MINUTES 11 SECONDS WEST, 140.35 FEET; THENCE SOUTH 70 DEGREES 02 MINUTES 02 SECONDS WEST, 185.15 FEET TO THE POINT OF BEGINNING; AND ALSO EXCEPTING THAT PART AS FOLLOWS: BEGINNING AT THE INTE5StCTION OF THE SOUTHERNMOST LINE OF LOT 6 OF THE RESUBDIVISION OF PART OFBWCK 1, COUNTRYSIDE CENTER, UNIT NO. 1 WITH THE WESTERLY LINE OF ILLINOIS ROUTE NO. 47; THENCE SOUTH 69 j DEGREES 58 MINUTES 14 SECONDS WEST ALONG SAID SOUTHERNMOST LINE 230.45 FEET TO THE SOUTHERNMOST CORNER OF SAID LOT 6; THENCE SOUTH 19 DEGREES 57 MINUTES 46 SECONDS' EAST 192.30 FEET; THENCE NORTH 70 DEGREES 02 MINUTES 14 SECONDS EAST 141.82 FEET TO SAID WESTERLY LINE; THENCE NORTH 04 DEGREES 45 MINUTES 00 SECONDS EAST ALONG SAID WESTERLY LINE 211.98 FEET TO THE POINT OF BEGINNING) OF THE RESUBDIVISION OF PART OF BLOCK 1, COUNTRYSIDE CENTER, UNIT NO. 1, AND ALSO THAT PART DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHERNMOST CORNER OF LOT 6 IN SAID RESUBIDVISION; THENCE SOUTH 04 DEGREES 45 MINUTES 00 SECONDS WEST ALONG THE EAST LINE OF SAID LOT 7 211.98 FEET FOR THE POINT OF BEGINNING; THENCE SOUTH 85 DEGREES 15 MINUTES 00 SECONDS EAST, 136.94 FEET TO THE EAST LINE OF SAID ILLINOIS ROUTE 47; THENCE SOUTH 02 DEGREES 08 MINUTES 48 SECONDS WEST ALONG SAID EAST LINE, 397.70 FEET; THENCE SOUTH 04 DEGREES 45 MINUTES 00 SECONDS WEST ALONG SAID EAST LINE, 191.78 FEET; THENCE NORTH 85 DEGREES 15 MINUTES 00 DEGREES WEST, 150.00 FEET TO THE WEST LINE OF SAID ILLINOIS ROUTE 47; THENCE NORTH 04 DEGREES 45 MINUTES 00 SECONDS EAST ALONG SAID WEST LINE, 589.05 FEET TO THE POINT OF BEGINNING. IN THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS. I , i Exhibit B Map Exhibit B i I I t side Pafkway i Coun N - I I s I i i I I Block: 104 Parcel: 015 f. 1,2,3,4,5,6 ",7-,8',9' a 0 a? ! c � u C I i tts ' t`v c U i �I i I 11 Project Area Boundary 3,4,5* Blight Factors: _ 1. Obsolescence U i 2. Deterioration 3. Presence if structures R OUte 34 below minimum code 4. Excessive vacancies 5. Declining or lagging equalized i assessed value6. Lack of community planning 8. Environmental remediation 9. Excessive land coverage /overcrowding * Indicates factor present to a limited extent i -ure 4 tribution of Blight Factors US Route 34 & Illinois Route 47 Yo rkville., Tax Increment Financing Redevelopment Project Area URS • TRAP