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91_HB0306ham002
LRB9100182PTpkam03
1 AMENDMENT TO HOUSE BILL 306
2 AMENDMENT NO. . Amend House Bill 306, AS AMENDED,
3 with reference to page and line numbers of House Amendment
4 No. 1, on page 29, by replacing lines 13 through 34 with the
5 following:
6 "(b) Before adoption of an ordinance proposing the
7 designation of a redevelopment planning area or a
8 redevelopment project area, or both, or amending the
9 boundaries of an existing redevelopment project area or
10 redevelopment planning area, or both, the municipality shall
11 convene a joint review board to consider the proposal. The
12 board shall consist of a representative selected by each
13 taxing district that has authority to levy real property
14 taxes on the property within the proposed redevelopment
15 project area and that has at least 5% of its total equalized
16 assessed value located within the proposed redevelopment
17 project area, a representative selected by the municipality
18 and a public member. The public member and the board's
19 chairperson shall be selected by a majority of other board
20 members.
21 All board members shall be appointed and the first board
22 meeting held within 14 days following the notice by the
23 municipality to all the taxing districts as required by
24 subsection (c) of Section 11-74.6-25. The notice shall also
-2- LRB9100182PTpkam03
1 advise the taxing bodies represented on the joint review
2 board of the time and place of the first meeting of the
3 board. Additional meetings of the board shall be held upon
4 the call of any 2 members. The municipality seeking
5 designation of the redevelopment project area may provide
6 administrative support to the board.
7 The board shall review the public record, planning
8 documents and proposed ordinances approving the redevelopment
9 plan and project to be adopted by the municipality. As part
10 of its deliberations, the board may hold additional hearings
11 on the proposal. A board's recommendation, if any, shall be a
12 written recommendation adopted by a majority vote of the
13 board and submitted to the municipality within 30 days after
14 the board convenes. A board's recommendation shall be binding
15 upon the municipality. Failure of the board to submit its
16 recommendation on a timely basis shall not be cause to delay
17 the public hearing or the process of establishing or amending
18 the redevelopment project area. The board's recommendation on
19 the proposal shall be based upon the area satisfying the
20 applicable eligibility criteria defined in Section 11-74.6-10
21 and whether there is a basis for the municipal findings set
22 forth in the redevelopment plan as required by this Act. If
23 the board does not file a recommendation it shall be presumed
24 that the board has found that the redevelopment project area
25 satisfies the eligibility criteria."; and
26 on page 30, by deleting lines 1 through 22.
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