Ordinance 2012-03 UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO. 2012-03
ORDINANCE ADOPTING NEW RESIDENTIAL
CONSTRUCTION INCENTIVE PROGRAM
(B.U.I.L.D.)
Passed by the City Council of the
United City of Yorkville,Kendall County,Illinois
This I Ot"day of January, 2012
Published in pamphlet form by the
authority of the Mayor and City Council
of the United City of Yorkville,Kendall
County, Illinois on January 17, 2012.
Ordinance No. 2012- 03
ORDINANCE ADOPTING NEW RESIDENTIAL CONSTRUCTION INCENTIVE PROGRAM
WHEREAS, in order to spur residential development in the United City of Yorkville, a
comprehensive incentive and stimulus program has been recommended to be known as "Buyers
of Undeveloped Infill Lot Discount" (in short, "B.U.I.L.D."); and,
WHEREAS, the B.U.I.L.D. program shall have two components: (i) delayed and
reduced building permit and impact fees; and (ii) a residential building permit fee rebate, all as
hereinafter set forth; and,
WHEREAS, the Mayor and City Council have reviewed the B.U.LL.D. program and
have determined that it is in the best interest of the City and its future growth to adopt and
implement this program.
NOW, THEREFORE, BE IT ORDAINED, by the Mayor and City Council of the
United City of Yorkville, Kendall County, Illinois, as follows:
Section 1. Delayed and Reduced Payment of Permit and Impact Fees. Notwithstanding
any ordinances, resolutions, motions, regulations or policy applicable to residential development
prior to this date, the following regulations are hereby adopted:
a. Building permit and impact fees shall be due and payable in full at the time of the
issuance of a certificate of occupancy on the condition that the certificate of
occupancy is issued within one year of the date of the issuance of the building permit;
and,
b. The Municipal Fee heretofore set of$5,509.00 per unit shall be reduced to $1,759.00
per unit.
Ordinance No. 2012-03
Page 2
Section 2. Residential Building Permit Fee Rebate. Building permit fees up to $5,000
shall be rebated for the first thirty (30) new homebuyers on the condition that the homebuyer
intends the home to be such buyer's permanent residence and the developer/builder agrees to
match the City's rebate dollar for dollar.
Section 3. This Ordinance shall be in full force and effect immediately upon its passage
by the Mayor and City Council and approval as provided by law and expire on the first to occur:
issuance of thirty building permits qualifying for the rebate as hereinabove provided or January
9, 2013.
United City of Yorkville, Kendall County, Illinois, this 10 day of
JAKW , A.D. 2012.
CHRIS FUNKHOUSER GEORGE T. GILSON, JR. n
CARLO COLOSIMO Y) DIANE TEELING V
JACKIE MILSCHEWSKI MARTY MUNNS V
ROSE SPEARS n LARRY KOT
APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois,
this—J-d-- day of N , A.D. 2012.
r
Mayor
Attest:
City Clerk
Ordinance No. 2012- Ob
Page 3