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Public Act 099-0136 |
SB1222 Enrolled | LRB099 09403 AWJ 29610 b |
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AN ACT concerning local government.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Illinois Municipal Code is amended by |
changing Section 11-74.4-3.5 as follows:
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(65 ILCS 5/11-74.4-3.5)
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Sec. 11-74.4-3.5. Completion dates for redevelopment |
projects. |
(a) Unless otherwise stated in this Section, the estimated |
dates of completion
of the redevelopment project and retirement |
of obligations issued to finance
redevelopment project costs |
(including refunding bonds under Section 11-74.4-7) may not be
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later than December 31 of the year in which the payment to the |
municipal
treasurer, as provided in subsection (b) of Section |
11-74.4-8 of this Act, is to
be made with respect to ad valorem |
taxes levied in the 23rd
calendar year after the year in which |
the ordinance approving the
redevelopment project area was |
adopted if the ordinance was adopted on or after
January 15, |
1981. |
(b) The estimated dates of completion of the redevelopment |
project and retirement of obligations issued to finance |
redevelopment project costs (including refunding bonds under |
Section 11-74.4-7) may not be later than December 31 of the |
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year in which the payment to the municipal treasurer as |
provided in subsection (b) of Section 11-74.4-8 of this Act is |
to be made with respect to ad valorem taxes levied in the 32nd |
calendar year after the year in which the ordinance approving |
the redevelopment project area was adopted if the ordinance was |
adopted on September 9, 1999 by the Village of Downs. |
The estimated dates of completion
of the redevelopment |
project and retirement of obligations issued to finance
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redevelopment project costs (including refunding bonds under |
Section 11-74.4-7) may not be later than December 31 of the |
year in which the payment to the municipal
treasurer as |
provided in subsection (b) of Section 11-74.4-8 of this Act is |
to
be made with respect to ad valorem taxes levied in the 33rd |
calendar
year after the year in which the ordinance approving |
the
redevelopment project area was adopted if the ordinance was |
adopted on May 20, 1985 by the Village of Wheeling. |
The estimated dates of completion of the redevelopment |
project and retirement of obligations issued to finance |
redevelopment project costs (including refunding bonds under |
Section 11-74.4-7) may not be later than December 31 of the |
year in which the payment to the municipal treasurer as |
provided in subsection (b) of Section 11-74.4-8 of this Act is |
to be made with respect to ad valorem taxes levied in the 28th |
calendar year after the year in which the ordinance approving |
the redevelopment project area was adopted if the ordinance was |
adopted on October 12, 1989 by the City of Lawrenceville. |
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(c) The estimated dates of completion
of the redevelopment |
project and retirement of obligations issued to finance
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redevelopment project costs (including refunding bonds under |
Section 11-74.4-7) may not be later than December 31 of the |
year in which the payment to the municipal
treasurer as |
provided in subsection (b) of Section 11-74.4-8 of this Act is |
to
be made with respect to ad valorem taxes levied in the 35th |
calendar
year after the year in which the ordinance approving |
the
redevelopment project area was adopted: |
(1) If if the ordinance was adopted before January 15, |
1981 . ; |
(2) If if the ordinance was adopted in December 1983, |
April 1984, July 1985,
or December 1989 . ; |
(3) If if the ordinance was adopted in December 1987 |
and the redevelopment
project is located within one mile of |
Midway Airport . ; |
(4) If if the ordinance was adopted before January 1, |
1987 by a municipality in
Mason County . ; |
(5) If if the municipality is subject to the Local |
Government Financial Planning
and Supervision Act or the |
Financially Distressed City Law . ; |
(6) If if the ordinance was adopted in December 1984 by |
the Village of Rosemont . ; |
(7) If if the ordinance was adopted on December 31, |
1986 by a municipality
located in Clinton County for which |
at least $250,000 of tax increment
bonds were authorized on |
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June 17, 1997, or if the ordinance was adopted on
December |
31, 1986 by a municipality with a population in 1990 of |
less than
3,600 that is located in a county with a |
population in 1990 of less than
34,000 and for which at |
least $250,000 of tax increment bonds were authorized
on |
June 17, 1997 . ; |
(8) If if the ordinance was adopted on October 5, 1982 |
by the City of Kankakee, or if the ordinance was adopted on |
December 29, 1986 by East St. Louis . ; |
(9) If if
the ordinance was adopted on November 12, |
1991 by the Village of Sauget . ; |
(10) If if the ordinance was
adopted on February 11, |
1985 by the City of Rock Island . ; |
(11) If if the ordinance was adopted before December |
18, 1986 by the City of
Moline . ; |
(12) If if the ordinance was adopted in September 1988 |
by Sauk Village . ; |
(13) If if the ordinance was adopted in October 1993 by |
Sauk Village . ; |
(14) If if the ordinance was adopted on December 29, |
1986 by the City of Galva . ; |
(15) If if the ordinance was adopted in March 1991 by |
the City of Centreville . ; |
(16) If if the ordinance was adopted on January 23, |
1991
by the City of East St. Louis . ; |
(17) If if the ordinance was adopted on December 22, |
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1986 by the City of Aledo . ; |
(18) If if the ordinance was adopted on February 5, |
1990 by the City of Clinton . ; |
(19) If if the ordinance was adopted on September 6, |
1994 by the City of Freeport . ; |
(20) If if the ordinance was adopted on December 22, |
1986 by the City of Tuscola . ; |
(21) If if the ordinance was adopted on December 23, |
1986 by the City of Sparta . ; |
(22) If if the ordinance was adopted on December 23, |
1986 by the City of
Beardstown . ; |
(23) If if the ordinance was adopted on April 27, 1981, |
October 21, 1985, or
December 30, 1986 by the City of |
Belleville . ; |
(24) If if the ordinance was adopted on December 29, |
1986 by the City of
Collinsville . ; |
(25) If if the ordinance was adopted on September 14, |
1994 by the
City of Alton . ; |
(26) If if the ordinance was adopted on November 11, |
1996 by the
City of Lexington . ; |
(27) If if the ordinance was adopted on November 5, |
1984 by
the City of LeRoy . ; |
(28) If if the ordinance was adopted on April 3, 1991 |
or
June 3, 1992 by the City of Markham . ; |
(29) If if the ordinance was adopted on November 11, |
1986 by the City of Pekin . ; |
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(30) If if the ordinance was adopted on December 15, |
1981 by the City of Champaign . ; |
(31) If if the ordinance was adopted on December 15, |
1986 by the City of Urbana . ; |
(32) If if the ordinance was adopted on December 15, |
1986 by the Village of Heyworth . ; |
(33) If if the ordinance was adopted on February 24, |
1992 by the Village of Heyworth . ; |
(34) If if the ordinance was adopted on March 16, 1995 |
by the Village of Heyworth . ; |
(35) If if the ordinance was adopted on December 23, |
1986 by the Town of Cicero . ; |
(36) If if the ordinance was adopted on December 30, |
1986 by the City of Effingham . ; |
(37) If if the ordinance was adopted on May 9, 1991 by |
the Village of
Tilton . ; |
(38) If if the ordinance was adopted on October 20, |
1986 by the City of Elmhurst . ; |
(39) If if the ordinance was adopted on January 19, |
1988 by the City of
Waukegan . ; |
(40) If if the ordinance was adopted on September 21, |
1998 by the City of
Waukegan . ; |
(41) If if the ordinance was adopted on December 31, |
1986 by the City of Sullivan . ; |
(42) If if the ordinance was adopted on December 23, |
1991 by the City of Sullivan . ; |
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(43) If if the ordinance was adopted on December 31, |
1986 by the City of Oglesby . ; |
(44) If if the ordinance was adopted on July 28, 1987 |
by the City of Marion . ; |
(45) If if the ordinance was adopted on April 23, 1990 |
by the City of Marion . ; |
(46) If if the ordinance was adopted on August 20, 1985 |
by the Village of Mount Prospect . ; |
(47) If if the ordinance was adopted on February 2, |
1998 by the Village of Woodhull . ; |
(48) If if the ordinance was adopted on April 20, 1993 |
by the Village of Princeville . ; |
(49) If if the ordinance was adopted on July 1, 1986 by |
the City of Granite City . ; |
(50) If if the ordinance was adopted on February 2, |
1989 by the Village of Lombard . ; |
(51) If if the ordinance was adopted on December 29, |
1986 by the Village of Gardner . ; |
(52) If if the ordinance was adopted on July 14, 1999 |
by the Village of Paw Paw . ; |
(53) If if the ordinance was adopted on November 17, |
1986 by the Village of Franklin Park . ; |
(54) If if the ordinance was adopted on November 20, |
1989 by the Village of South Holland . ; |
(55) If if the ordinance was adopted on July 14, 1992 |
by the Village of Riverdale . ; |
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(56) If if the ordinance was adopted on December 29, |
1986 by the City of Galesburg . ; |
(57) If if the ordinance was adopted on April 1, 1985 |
by the City of Galesburg . ; |
(58) If if the ordinance was adopted on May 21, 1990 by |
the City of West Chicago . ; |
(59) If if the ordinance was adopted on December 16, |
1986 by the City of Oak Forest . ; |
(60) If if the ordinance was adopted in 1999 by the |
City of Villa Grove . ; |
(61) If if the ordinance was adopted on January 13, |
1987 by the Village of Mt. Zion . ; |
(62) If if the ordinance was adopted on December 30, |
1986 by the Village of Manteno . ; |
(63) If if the ordinance was adopted on April 3, 1989 |
by the City of Chicago Heights . ; |
(64) If if the ordinance was adopted on January 6, 1999 |
by the Village of Rosemont . ; |
(65) If if the ordinance was adopted on December 19, |
2000 by the Village of Stone Park . ; |
(66) If if the ordinance was adopted on December 22, |
1986 by the City of DeKalb . ; |
(67) If if the ordinance was adopted on December 2, |
1986 by the City of Aurora . ;
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(68) If
if the ordinance was adopted on December 31, |
1986 by the Village of Milan . ; |
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(69) If
if the ordinance was adopted on September 8, |
1994 by the City of West Frankfort . ; |
(70) If if the ordinance was adopted on December 23, |
1986 by the Village of Libertyville . ; |
(71) If if the ordinance was adopted on December 22, |
1986 by the Village of Hoffman Estates . ;
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(72) If if the ordinance was adopted on September 17, |
1986 by the Village of Sherman . ;
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(73) If if the ordinance was adopted on December 16, |
1986 by the City of Macomb . ; |
(74) If if the ordinance was adopted on June 11, 2002 |
by the City of East Peoria to create the West Washington |
Street TIF . ; |
(75) If if the ordinance was adopted on June 11, 2002 |
by the City of East Peoria to create the Camp Street TIF . ;
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(76) If if the ordinance was adopted on August 7, 2000 |
by the City of Des Plaines . ; |
(77) If if the ordinance was adopted on December 22, |
1986 by the City of Washington to create the Washington |
Square TIF #2 . ; |
(78) If if the ordinance was adopted on December 29, |
1986 by the City of Morris . ;
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(79) If if the ordinance was adopted on July 6, 1998 by |
the Village of Steeleville . ; |
(80) If if the ordinance was adopted on December 29, |
1986 by the City of Pontiac to create TIF I (the Main St |
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TIF) . ; |
(81) If if the ordinance was adopted on December 29, |
1986 by the City of Pontiac to create TIF II (the |
Interstate TIF) . ; |
(82) If if the ordinance was adopted on November 6, |
2002 by the City of Chicago to create the Madden/Wells TIF |
District . ; |
(83) If if the ordinance was adopted on November 4, |
1998 by the City of Chicago to create the Roosevelt/Racine |
TIF District . ; |
(84) If if the ordinance was adopted on June 10, 1998 |
by the City of Chicago to create the Stony Island |
Commercial/Burnside Industrial Corridors TIF District . ; |
(85) If if the ordinance was adopted on November 29, |
1989 by the City of Chicago to create the Englewood Mall |
TIF District . ; |
(86) If if the ordinance was adopted on December 27, |
1986 by the City of Mendota . ; |
(87) If if the ordinance was adopted on December 31, |
1986 by the Village of Cahokia . ; |
(88) If if the ordinance was adopted on September 20, |
1999 by the City of Belleville . ; |
(89) If if the ordinance was adopted on December 30, |
1986 by the Village of Bellevue to create the Bellevue TIF |
District 1 . ; |
(90) If if the ordinance was adopted on December 13, |
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1993 by the Village of Crete . ; |
(91) If if the ordinance was adopted on February 12, |
2001 by the Village of Crete . ; |
(92) If if the ordinance was adopted on April 23, 2001 |
by the Village of Crete . ; |
(93) If if the ordinance was adopted on December 16, |
1986 by the City of Champaign . ; |
(94) If if the ordinance was adopted on December 20, |
1986 by the City of Charleston . ; |
(95) If if the ordinance was adopted on June 6, 1989 by |
the Village of Romeoville . ; |
(96) If if the ordinance was adopted on October 14, |
1993 and amended on August 2, 2010 by the City of Venice . ; |
(97) If if the ordinance was adopted on June 1, 1994 by |
the City of Markham . ; |
(98) If if the ordinance was adopted on May 19, 1998 by |
the Village of Bensenville . ; |
(99) If if the ordinance was adopted on November 12, |
1987 by the City of Dixon . ; |
(100) If if the ordinance was adopted on December 20, |
1988 by the Village of Lansing . ; |
(101) If if the ordinance was adopted on October 27, |
1998 by the City of Moline . ; |
(102) If if the ordinance was adopted on May 21, 1991 |
by the Village of Glenwood . ; |
(103) If if the ordinance was adopted on January 28, |
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1992 by the City of East Peoria . ; |
(104) If if the ordinance was adopted on December 14, |
1998 by the City of Carlyle . ; |
(105) If if the ordinance was adopted on May 17, 2000, |
as subsequently amended, by the City of Chicago to create |
the Midwest Redevelopment TIF District . ; |
(106) If if the ordinance was adopted on September 13, |
1989 by the City of Chicago to create the Michigan/Cermak |
Area TIF District . ; |
(107) If if the ordinance was adopted on March 30, 1992 |
by the Village of Ohio . ; |
(108) If if the ordinance was adopted on July 6, 1998 |
by the Village of Orangeville . ; |
(109) If if the ordinance was adopted on December 16, |
1997 by the Village of Germantown . ; |
(110) If if the ordinance was adopted on April 28, 2003 |
by Gibson City . ; |
(111) If if the ordinance was adopted on December 18, |
1990 by the Village of Washington Park, but only after the |
Village of Washington Park becomes compliant with the |
reporting requirements under subsection (d) of Section |
11-74.4-5, and after the State Comptroller's certification |
of such compliance . ; |
(112) If if the ordinance was adopted on February 28, |
2000 by the City of Harvey . ; or |
(113) If if the ordinance was adopted on January 11, |
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1991 by the City of Chicago to create the Read/Dunning TIF |
District . ; |
(114) If if the ordinance was adopted on July 24, 1991 |
by the City of Chicago to create the Sanitary and Ship |
Canal TIF District . ; |
(115) If if the ordinance was adopted on December 4, |
2007 by the City of Naperville . ; |
(116) If if the ordinance was adopted on July 1, 2002 |
by the Village of Arlington Heights . ; |
(117) If if the ordinance was adopted on February 11, |
1991 by the Village of Machesney Park . ; |
(118) If if the ordinance was adopted on December 29, |
1993 by the City of Ottawa . ; or |
(119) If if the ordinance was adopted on June 4, 1991 |
by the Village of Lansing. |
(120) If (119) if the ordinance was adopted on February |
10, 2004 by the Village of Fox Lake . ; |
(121) If (120) if the ordinance was adopted on December |
22, 1992 by the City of Fairfield . ; or |
(122) If (121) if the ordinance was adopted on February |
10, 1992 by the City of Mt. Sterling. |
(123) If (113) if the ordinance was adopted on March |
15, 2004 by the City of Batavia. |
(124) If (119) if the ordinance was adopted on March |
18, 2002 by the Village of Lake Zurich. |
(125) If the ordinance was adopted on September 23, |
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1997 by the City of Granite City. |
(d) For redevelopment project areas for which bonds were |
issued before
July 29, 1991, or for which contracts were |
entered into before June 1,
1988, in connection with a |
redevelopment project in the area within
the State Sales Tax |
Boundary, the estimated dates of completion of the
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redevelopment project and retirement of obligations to finance |
redevelopment
project costs (including refunding bonds under |
Section 11-74.4-7) may be extended by municipal ordinance to |
December 31, 2013.
The termination procedures of subsection (b) |
of Section 11-74.4-8 are not
required for
these redevelopment |
project areas in 2009 but are required in 2013.
The extension |
allowed by Public Act 87-1272 shall not apply to real
property |
tax increment allocation financing under Section 11-74.4-8. |
(e) Those dates, for purposes of real property tax |
increment allocation
financing pursuant to Section 11-74.4-8 |
only, shall be not more than 35 years
for redevelopment project |
areas that were adopted on or after December 16,
1986 and for |
which at least $8 million worth of municipal bonds were |
authorized
on or after December 19, 1989 but before January 1, |
1990; provided that the
municipality elects to extend the life |
of the redevelopment project area to 35
years by the adoption |
of an ordinance after at least 14 but not more than 30
days' |
written notice to the taxing bodies, that would otherwise |
constitute the
joint review board for the redevelopment project |
area, before the adoption of
the ordinance. |
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(f) Those dates, for purposes of real property tax |
increment allocation
financing pursuant to Section 11-74.4-8 |
only, shall be not more than 35 years
for redevelopment project |
areas that were established on or after December 1,
1981 but |
before January 1, 1982 and for which at least $1,500,000 worth |
of
tax increment revenue bonds were authorized
on or after |
September 30, 1990 but before July 1, 1991; provided that the
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municipality elects to extend the life of the redevelopment |
project area to 35
years by the adoption of an ordinance after |
at least 14 but not more than 30
days' written notice to the |
taxing bodies, that would otherwise constitute the
joint review |
board for the redevelopment project area, before the adoption |
of
the ordinance. |
(g) In consolidating the material relating to completion |
dates from Sections 11-74.4-3 and 11-74.4-7 into this Section, |
it is not the intent of the General Assembly to make any |
substantive change in the law, except for the extension of the |
completion dates for the City of Aurora, the Village of Milan,
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the City of West Frankfort, the Village of Libertyville, and |
the Village of Hoffman Estates set forth under items (67),
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(68), (69), (70), and (71) of subsection (c) of this Section. |
(Source: P.A. 97-93, eff. 1-1-12; 97-372, eff. 8-15-11; 97-600, |
eff. 8-26-11; 97-633, eff. 12-16-11; 97-635, eff. 12-16-11; |
97-807, eff. 7-13-12; 97-1114, eff. 8-27-12; 98-109, eff. |
7-25-13; 98-135, eff. 8-2-13; 98-230, eff. 8-9-13; 98-463, eff. |
8-16-13; 98-614, eff. 12-27-13; 98-667, eff. 6-25-14; 98-889, |