SB3563 EnrolledLRB103 36270 AWJ 66367 b

1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Municipal Code is amended by
5changing Section 11-74.4-3.5 as follows:
 
6    (65 ILCS 5/11-74.4-3.5)
7    Sec. 11-74.4-3.5. Completion dates for redevelopment
8projects.
9    (a) Unless otherwise stated in this Section, the estimated
10dates of completion of the redevelopment project and
11retirement of obligations issued to finance redevelopment
12project costs (including refunding bonds under Section
1311-74.4-7) may not be later than December 31 of the year in
14which the payment to the municipal treasurer, as provided in
15subsection (b) of Section 11-74.4-8 of this Act, is to be made
16with respect to ad valorem taxes levied in the 23rd calendar
17year after the year in which the ordinance approving the
18redevelopment project area was adopted if the ordinance was
19adopted on or after January 15, 1981.
20    (a-5) If the redevelopment project area is located within
21a transit facility improvement area established pursuant to
22Section 11-74.4-3, the estimated dates of completion of the
23redevelopment project and retirement of obligations issued to

 

 

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1finance redevelopment project costs (including refunding bonds
2under Section 11-74.4-7) may not be later than December 31 of
3the year in which the payment to the municipal treasurer, as
4provided in subsection (b) of Section 11-74.4-8 of this Act,
5is to be made with respect to ad valorem taxes levied in the
635th calendar year after the year in which the ordinance
7approving the redevelopment project area was adopted.
8    (a-7) A municipality may adopt tax increment financing for
9a redevelopment project area located in a transit facility
10improvement area that also includes real property located
11within an existing redevelopment project area established
12prior to August 12, 2016 (the effective date of Public Act
1399-792). In such case: (i) the provisions of this Division
14shall apply with respect to the previously established
15redevelopment project area until the municipality adopts, as
16required in accordance with applicable provisions of this
17Division, an ordinance dissolving the special tax allocation
18fund for such redevelopment project area and terminating the
19designation of such redevelopment project area as a
20redevelopment project area; and (ii) after the effective date
21of the ordinance described in (i), the provisions of this
22Division shall apply with respect to the subsequently
23established redevelopment project area located in a transit
24facility improvement area.
25    (b) The estimated dates of completion of the redevelopment
26project and retirement of obligations issued to finance

 

 

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1redevelopment project costs (including refunding bonds under
2Section 11-74.4-7) may not be later than December 31 of the
3year in which the payment to the municipal treasurer as
4provided in subsection (b) of Section 11-74.4-8 of this Act is
5to be made with respect to ad valorem taxes levied in the 32nd
6calendar year after the year in which the ordinance approving
7the redevelopment project area was adopted if the ordinance
8was adopted on September 9, 1999 by the Village of Downs.
9    The estimated dates of completion of the redevelopment
10project and retirement of obligations issued to finance
11redevelopment project costs (including refunding bonds under
12Section 11-74.4-7) may not be later than December 31 of the
13year in which the payment to the municipal treasurer as
14provided in subsection (b) of Section 11-74.4-8 of this Act is
15to be made with respect to ad valorem taxes levied in the 33rd
16calendar year after the year in which the ordinance approving
17the redevelopment project area was adopted if the ordinance
18was adopted on May 20, 1985 by the Village of Wheeling.
19    The estimated dates of completion of the redevelopment
20project and retirement of obligations issued to finance
21redevelopment project costs (including refunding bonds under
22Section 11-74.4-7) may not be later than December 31 of the
23year in which the payment to the municipal treasurer as
24provided in subsection (b) of Section 11-74.4-8 of this Act is
25to be made with respect to ad valorem taxes levied in the 28th
26calendar year after the year in which the ordinance approving

 

 

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1the redevelopment project area was adopted if the ordinance
2was adopted on October 12, 1989 by the City of Lawrenceville.
3    (b-5) The estimated dates of completion of the
4redevelopment project and retirement of obligations issued to
5finance redevelopment project costs (including refunding bonds
6under Section 11-74.4-7) may not be later than December 31 of
7the year in which the payment to the municipal treasurer as
8provided in subsection (b) of Section 11-74.4-8 of this Act is
9to be made with respect to ad valorem taxes levied in the 32nd
10calendar year after the year in which the ordinance approving
11the redevelopment project area was adopted if the ordinance
12was adopted on April 19, 2004 by the Village of Tremont.
13    (c) The estimated dates of completion of the redevelopment
14project and retirement of obligations issued to finance
15redevelopment project costs (including refunding bonds under
16Section 11-74.4-7) may not be later than December 31 of the
17year in which the payment to the municipal treasurer as
18provided in subsection (b) of Section 11-74.4-8 of this Act is
19to be made with respect to ad valorem taxes levied in the 35th
20calendar year after the year in which the ordinance approving
21the redevelopment project area was adopted:
22        (1) If the ordinance was adopted before January 15,
23    1981.
24        (2) If the ordinance was adopted in December 1983,
25    April 1984, July 1985, or December 1989.
26        (3) If the ordinance was adopted in December 1987 and

 

 

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1    the redevelopment project is located within one mile of
2    Midway Airport.
3        (4) If the ordinance was adopted before January 1,
4    1987 by a municipality in Mason County.
5        (5) If the municipality is subject to the Local
6    Government Financial Planning and Supervision Act or the
7    Financially Distressed City Law.
8        (6) If the ordinance was adopted in December 1984 by
9    the Village of Rosemont.
10        (7) If the ordinance was adopted on December 31, 1986
11    by a municipality located in Clinton County for which at
12    least $250,000 of tax increment bonds were authorized on
13    June 17, 1997, or if the ordinance was adopted on December
14    31, 1986 by a municipality with a population in 1990 of
15    less than 3,600 that is located in a county with a
16    population in 1990 of less than 34,000 and for which at
17    least $250,000 of tax increment bonds were authorized on
18    June 17, 1997.
19        (8) If the ordinance was adopted on October 5, 1982 by
20    the City of Kankakee, or if the ordinance was adopted on
21    December 29, 1986 by East St. Louis.
22        (9) If the ordinance was adopted on November 12, 1991
23    by the Village of Sauget.
24        (10) If the ordinance was adopted on February 11, 1985
25    by the City of Rock Island.
26        (11) If the ordinance was adopted before December 18,

 

 

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1    1986 by the City of Moline.
2        (12) If the ordinance was adopted in September 1988 by
3    Sauk Village.
4        (13) If the ordinance was adopted in October 1993 by
5    Sauk Village.
6        (14) If the ordinance was adopted on December 29, 1986
7    by the City of Galva.
8        (15) If the ordinance was adopted in March 1991 by the
9    City of Centreville.
10        (16) If the ordinance was adopted on January 23, 1991
11    by the City of East St. Louis.
12        (17) If the ordinance was adopted on December 22, 1986
13    by the City of Aledo.
14        (18) If the ordinance was adopted on February 5, 1990
15    by the City of Clinton.
16        (19) If the ordinance was adopted on September 6, 1994
17    by the City of Freeport.
18        (20) If the ordinance was adopted on December 22, 1986
19    by the City of Tuscola.
20        (21) If the ordinance was adopted on December 23, 1986
21    by the City of Sparta.
22        (22) If the ordinance was adopted on December 23, 1986
23    by the City of Beardstown.
24        (23) If the ordinance was adopted on April 27, 1981,
25    October 21, 1985, or December 30, 1986 by the City of
26    Belleville.

 

 

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1        (24) If the ordinance was adopted on December 29, 1986
2    by the City of Collinsville.
3        (25) If the ordinance was adopted on September 14,
4    1994 by the City of Alton.
5        (26) If the ordinance was adopted on November 11, 1996
6    by the City of Lexington.
7        (27) If the ordinance was adopted on November 5, 1984
8    by the City of LeRoy.
9        (28) If the ordinance was adopted on April 3, 1991 or
10    June 3, 1992 by the City of Markham.
11        (29) If the ordinance was adopted on November 11, 1986
12    by the City of Pekin.
13        (30) If the ordinance was adopted on December 15, 1981
14    by the City of Champaign.
15        (31) If the ordinance was adopted on December 15, 1986
16    by the City of Urbana.
17        (32) If the ordinance was adopted on December 15, 1986
18    by the Village of Heyworth.
19        (33) If the ordinance was adopted on February 24, 1992
20    by the Village of Heyworth.
21        (34) If the ordinance was adopted on March 16, 1995 by
22    the Village of Heyworth.
23        (35) If the ordinance was adopted on December 23, 1986
24    by the Town of Cicero.
25        (36) If the ordinance was adopted on December 30, 1986
26    by the City of Effingham.

 

 

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1        (37) If the ordinance was adopted on May 9, 1991 by the
2    Village of Tilton.
3        (38) If the ordinance was adopted on October 20, 1986
4    by the City of Elmhurst.
5        (39) If the ordinance was adopted on January 19, 1988
6    by the City of Waukegan.
7        (40) If the ordinance was adopted on September 21,
8    1998 by the City of Waukegan.
9        (41) If the ordinance was adopted on December 31, 1986
10    by the City of Sullivan.
11        (42) If the ordinance was adopted on December 23, 1991
12    by the City of Sullivan.
13        (43) If the ordinance was adopted on December 31, 1986
14    by the City of Oglesby.
15        (44) If the ordinance was adopted on July 28, 1987 by
16    the City of Marion.
17        (45) If the ordinance was adopted on April 23, 1990 by
18    the City of Marion.
19        (46) If the ordinance was adopted on August 20, 1985
20    by the Village of Mount Prospect.
21        (47) If the ordinance was adopted on February 2, 1998
22    by the Village of Woodhull.
23        (48) If the ordinance was adopted on April 20, 1993 by
24    the Village of Princeville.
25        (49) If the ordinance was adopted on July 1, 1986 by
26    the City of Granite City.

 

 

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1        (50) If the ordinance was adopted on February 2, 1989
2    by the Village of Lombard.
3        (51) If the ordinance was adopted on December 29, 1986
4    by the Village of Gardner.
5        (52) If the ordinance was adopted on July 14, 1999 by
6    the Village of Paw Paw.
7        (53) If the ordinance was adopted on November 17, 1986
8    by the Village of Franklin Park.
9        (54) If the ordinance was adopted on November 20, 1989
10    by the Village of South Holland.
11        (55) If the ordinance was adopted on July 14, 1992 by
12    the Village of Riverdale.
13        (56) If the ordinance was adopted on December 29, 1986
14    by the City of Galesburg.
15        (57) If the ordinance was adopted on April 1, 1985 by
16    the City of Galesburg.
17        (58) If the ordinance was adopted on May 21, 1990 by
18    the City of West Chicago.
19        (59) If the ordinance was adopted on December 16, 1986
20    by the City of Oak Forest.
21        (60) If the ordinance was adopted in 1999 by the City
22    of Villa Grove.
23        (61) If the ordinance was adopted on January 13, 1987
24    by the Village of Mt. Zion.
25        (62) If the ordinance was adopted on December 30, 1986
26    by the Village of Manteno.

 

 

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1        (63) If the ordinance was adopted on April 3, 1989 by
2    the City of Chicago Heights.
3        (64) If the ordinance was adopted on January 6, 1999
4    by the Village of Rosemont.
5        (65) If the ordinance was adopted on December 19, 2000
6    by the Village of Stone Park.
7        (66) If the ordinance was adopted on December 22, 1986
8    by the City of DeKalb.
9        (67) If the ordinance was adopted on December 2, 1986
10    by the City of Aurora.
11        (68) If the ordinance was adopted on December 31, 1986
12    by the Village of Milan.
13        (69) If the ordinance was adopted on September 8, 1994
14    by the City of West Frankfort.
15        (70) If the ordinance was adopted on December 23, 1986
16    by the Village of Libertyville.
17        (71) If the ordinance was adopted on December 22, 1986
18    by the Village of Hoffman Estates.
19        (72) If the ordinance was adopted on September 17,
20    1986 by the Village of Sherman.
21        (73) If the ordinance was adopted on December 16, 1986
22    by the City of Macomb.
23        (74) If the ordinance was adopted on June 11, 2002 by
24    the City of East Peoria to create the West Washington
25    Street TIF.
26        (75) If the ordinance was adopted on June 11, 2002 by

 

 

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1    the City of East Peoria to create the Camp Street TIF.
2        (76) If the ordinance was adopted on August 7, 2000 by
3    the City of Des Plaines.
4        (77) If the ordinance was adopted on December 22, 1986
5    by the City of Washington to create the Washington Square
6    TIF #2.
7        (78) If the ordinance was adopted on December 29, 1986
8    by the City of Morris.
9        (79) If the ordinance was adopted on July 6, 1998 by
10    the Village of Steeleville.
11        (80) If the ordinance was adopted on December 29, 1986
12    by the City of Pontiac to create TIF I (the Main St TIF).
13        (81) If the ordinance was adopted on December 29, 1986
14    by the City of Pontiac to create TIF II (the Interstate
15    TIF).
16        (82) If the ordinance was adopted on November 6, 2002
17    by the City of Chicago to create the Madden/Wells TIF
18    District.
19        (83) If the ordinance was adopted on November 4, 1998
20    by the City of Chicago to create the Roosevelt/Racine TIF
21    District.
22        (84) If the ordinance was adopted on June 10, 1998 by
23    the City of Chicago to create the Stony Island
24    Commercial/Burnside Industrial Corridors TIF District.
25        (85) If the ordinance was adopted on November 29, 1989
26    by the City of Chicago to create the Englewood Mall TIF

 

 

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1    District.
2        (86) If the ordinance was adopted on December 27, 1986
3    by the City of Mendota.
4        (87) If the ordinance was adopted on December 31, 1986
5    by the Village of Cahokia.
6        (88) If the ordinance was adopted on September 20,
7    1999 by the City of Belleville.
8        (89) If the ordinance was adopted on December 30, 1986
9    by the Village of Bellevue to create the Bellevue TIF
10    District 1.
11        (90) If the ordinance was adopted on December 13, 1993
12    by the Village of Crete.
13        (91) If the ordinance was adopted on February 12, 2001
14    by the Village of Crete.
15        (92) If the ordinance was adopted on April 23, 2001 by
16    the Village of Crete.
17        (93) If the ordinance was adopted on December 16, 1986
18    by the City of Champaign.
19        (94) If the ordinance was adopted on December 20, 1986
20    by the City of Charleston.
21        (95) If the ordinance was adopted on June 6, 1989 by
22    the Village of Romeoville.
23        (96) If the ordinance was adopted on October 14, 1993
24    and amended on August 2, 2010 by the City of Venice.
25        (97) If the ordinance was adopted on June 1, 1994 by
26    the City of Markham.

 

 

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1        (98) If the ordinance was adopted on May 19, 1998 by
2    the Village of Bensenville.
3        (99) If the ordinance was adopted on November 12, 1987
4    by the City of Dixon.
5        (100) If the ordinance was adopted on December 20,
6    1988 by the Village of Lansing.
7        (101) If the ordinance was adopted on October 27, 1998
8    by the City of Moline.
9        (102) If the ordinance was adopted on May 21, 1991 by
10    the Village of Glenwood.
11        (103) If the ordinance was adopted on January 28, 1992
12    by the City of East Peoria.
13        (104) If the ordinance was adopted on December 14,
14    1998 by the City of Carlyle.
15        (105) If the ordinance was adopted on May 17, 2000, as
16    subsequently amended, by the City of Chicago to create the
17    Midwest Redevelopment TIF District.
18        (106) If the ordinance was adopted on September 13,
19    1989 by the City of Chicago to create the Michigan/Cermak
20    Area TIF District.
21        (107) If the ordinance was adopted on March 30, 1992
22    by the Village of Ohio.
23        (108) If the ordinance was adopted on July 6, 1998 by
24    the Village of Orangeville.
25        (109) If the ordinance was adopted on December 16,
26    1997 by the Village of Germantown.

 

 

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1        (110) If the ordinance was adopted on April 28, 2003
2    by Gibson City.
3        (111) If the ordinance was adopted on December 18,
4    1990 by the Village of Washington Park, but only after the
5    Village of Washington Park becomes compliant with the
6    reporting requirements under subsection (d) of Section
7    11-74.4-5, and after the State Comptroller's certification
8    of such compliance.
9        (112) If the ordinance was adopted on February 28,
10    2000 by the City of Harvey.
11        (113) If the ordinance was adopted on January 11, 1991
12    by the City of Chicago to create the Read/Dunning TIF
13    District.
14        (114) If the ordinance was adopted on July 24, 1991 by
15    the City of Chicago to create the Sanitary and Ship Canal
16    TIF District.
17        (115) If the ordinance was adopted on December 4, 2007
18    by the City of Naperville.
19        (116) If the ordinance was adopted on July 1, 2002 by
20    the Village of Arlington Heights.
21        (117) If the ordinance was adopted on February 11,
22    1991 by the Village of Machesney Park.
23        (118) If the ordinance was adopted on December 29,
24    1993 by the City of Ottawa.
25        (119) If the ordinance was adopted on June 4, 1991 by
26    the Village of Lansing.

 

 

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1        (120) If the ordinance was adopted on February 10,
2    2004 by the Village of Fox Lake.
3        (121) If the ordinance was adopted on December 22,
4    1992 by the City of Fairfield.
5        (122) If the ordinance was adopted on February 10,
6    1992 by the City of Mt. Sterling.
7        (123) If the ordinance was adopted on March 15, 2004
8    by the City of Batavia.
9        (124) If the ordinance was adopted on March 18, 2002
10    by the Village of Lake Zurich.
11        (125) If the ordinance was adopted on September 23,
12    1997 by the City of Granite City.
13        (126) If the ordinance was adopted on May 8, 2013 by
14    the Village of Rosemont to create the Higgins Road/River
15    Road TIF District No. 6.
16        (127) If the ordinance was adopted on November 22,
17    1993 by the City of Arcola.
18        (128) If the ordinance was adopted on September 7,
19    2004 by the City of Arcola.
20        (129) If the ordinance was adopted on November 29,
21    1999 by the City of Paris.
22        (130) If the ordinance was adopted on September 20,
23    1994 by the City of Ottawa to create the U.S. Route 6 East
24    Ottawa TIF.
25        (131) If the ordinance was adopted on May 2, 2002 by
26    the Village of Crestwood.

 

 

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1        (132) If the ordinance was adopted on October 27, 1992
2    by the City of Blue Island.
3        (133) If the ordinance was adopted on December 23,
4    1993 by the City of Lacon.
5        (134) If the ordinance was adopted on May 4, 1998 by
6    the Village of Bradford.
7        (135) If the ordinance was adopted on June 11, 2002 by
8    the City of Oak Forest.
9        (136) If the ordinance was adopted on November 16,
10    1992 by the City of Pinckneyville.
11        (137) If the ordinance was adopted on March 1, 2001 by
12    the Village of South Jacksonville.
13        (138) If the ordinance was adopted on February 26,
14    1992 by the City of Chicago to create the Stockyards
15    Southeast Quadrant TIF District.
16        (139) If the ordinance was adopted on January 25, 1993
17    by the City of LaSalle.
18        (140) If the ordinance was adopted on December 23,
19    1997 by the Village of Dieterich.
20        (141) If the ordinance was adopted on February 10,
21    2016 by the Village of Rosemont to create the
22    Balmoral/Pearl TIF No. 8 Tax Increment Financing
23    Redevelopment Project Area.
24        (142) If the ordinance was adopted on June 11, 2002 by
25    the City of Oak Forest.
26        (143) If the ordinance was adopted on January 31, 1995

 

 

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1    by the Village of Milledgeville.
2        (144) If the ordinance was adopted on February 5, 1996
3    by the Village of Pearl City.
4        (145) If the ordinance was adopted on December 21,
5    1994 by the City of Calumet City.
6        (146) If the ordinance was adopted on May 5, 2003 by
7    the Town of Normal.
8        (147) If the ordinance was adopted on June 2, 1998 by
9    the City of Litchfield.
10        (148) If the ordinance was adopted on October 23, 1995
11    by the City of Marion.
12        (149) If the ordinance was adopted on May 24, 2001 by
13    the Village of Hanover Park.
14        (150) If the ordinance was adopted on May 30, 1995 by
15    the Village of Dalzell.
16        (151) If the ordinance was adopted on April 15, 1997
17    by the City of Edwardsville.
18        (152) If the ordinance was adopted on September 5,
19    1995 by the City of Granite City.
20        (153) If the ordinance was adopted on June 21, 1999 by
21    the Village of Table Grove.
22        (154) If the ordinance was adopted on February 23,
23    1995 by the City of Springfield.
24        (155) If the ordinance was adopted on August 11, 1999
25    by the City of Monmouth.
26        (156) If the ordinance was adopted on December 26,

 

 

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1    1995 by the Village of Posen.
2        (157) If the ordinance was adopted on July 1, 1995 by
3    the Village of Caseyville.
4        (158) If the ordinance was adopted on January 30, 1996
5    by the City of Madison.
6        (159) If the ordinance was adopted on February 2, 1996
7    by the Village of Hartford.
8        (160) If the ordinance was adopted on July 2, 1996 by
9    the Village of Manlius.
10        (161) If the ordinance was adopted on March 21, 2000
11    by the City of Hoopeston.
12        (162) If the ordinance was adopted on March 22, 2005
13    by the City of Hoopeston.
14        (163) If the ordinance was adopted on July 10, 1996 by
15    the City of Chicago to create the Goose Island TIF
16    District.
17        (164) If the ordinance was adopted on December 11,
18    1996 by the City of Chicago to create the Bryn
19    Mawr/Broadway TIF District.
20        (165) If the ordinance was adopted on December 31,
21    1995 by the City of Chicago to create the 95th/Western TIF
22    District.
23        (166) If the ordinance was adopted on October 7, 1998
24    by the City of Chicago to create the 71st and Stony Island
25    TIF District.
26        (167) If the ordinance was adopted on April 19, 1995

 

 

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1    by the Village of North Utica.
2        (168) If the ordinance was adopted on April 22, 1996
3    by the City of LaSalle.
4        (169) If the ordinance was adopted on June 9, 2008 by
5    the City of Country Club Hills.
6        (170) If the ordinance was adopted on July 3, 1996 by
7    the Village of Phoenix.
8        (171) If the ordinance was adopted on May 19, 1997 by
9    the Village of Swansea.
10        (172) If the ordinance was adopted on August 13, 2001
11    by the Village of Saunemin.
12        (173) If the ordinance was adopted on January 10, 2005
13    by the Village of Romeoville.
14        (174) If the ordinance was adopted on January 28, 1997
15    by the City of Berwyn for the South Berwyn Corridor Tax
16    Increment Financing District.
17        (175) If the ordinance was adopted on January 28, 1997
18    by the City of Berwyn for the Roosevelt Road Tax Increment
19    Financing District.
20        (176) If the ordinance was adopted on May 3, 2001 by
21    the Village of Hanover Park for the Village Center Tax
22    Increment Financing Redevelopment Project Area (TIF # 3).
23        (177) If the ordinance was adopted on January 1, 1996
24    by the City of Savanna.
25        (178) If the ordinance was adopted on January 28, 2002
26    by the Village of Okawville.

 

 

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1        (179) If the ordinance was adopted on October 4, 1999
2    by the City of Vandalia.
3        (180) If the ordinance was adopted on June 16, 2003 by
4    the City of Rushville.
5        (181) If the ordinance was adopted on December 7, 1998
6    by the City of Quincy for the Central Business District
7    West Tax Increment Redevelopment Project Area.
8        (182) If the ordinance was adopted on March 27, 1997
9    by the Village of Maywood approving the Roosevelt Road TIF
10    District.
11        (183) If the ordinance was adopted on March 27, 1997
12    by the Village of Maywood approving the Madison
13    Street/Fifth Avenue TIF District.
14        (184) If the ordinance was adopted on November 10,
15    1997 by the Village of Park Forest.
16        (185) If the ordinance was adopted on July 30, 1997 by
17    the City of Chicago to create the Near North TIF district.
18        (186) If the ordinance was adopted on December 1, 2000
19    by the Village of Mahomet.
20        (187) If the ordinance was adopted on June 16, 1999 by
21    the Village of Washburn.
22        (188) If the ordinance was adopted on August 19, 1998
23    by the Village of New Berlin.
24        (189) If the ordinance was adopted on February 5, 2002
25    by the City of Highwood.
26        (190) If the ordinance was adopted on June 1, 1997 by

 

 

SB3563 Enrolled- 21 -LRB103 36270 AWJ 66367 b

1    the City of Flora.
2        (191) If the ordinance was adopted on August 17, 1999
3    by the City of Ottawa.
4        (192) If the ordinance was adopted on June 13, 2005 by
5    the City of Mount Carroll.
6        (193) If the ordinance was adopted on March 25, 2008
7    by the Village of Elizabeth.
8        (194) If the ordinance was adopted on February 22,
9    2000 by the City of Mount Pulaski.
10        (195) If the ordinance was adopted on November 21,
11    2000 by the City of Effingham.
12        (196) If the ordinance was adopted on January 28, 2003
13    by the City of Effingham.
14        (197) If the ordinance was adopted on February 4, 2008
15    by the City of Polo.
16        (198) If the ordinance was adopted on August 17, 2005
17    by the Village of Bellwood to create the Park Place TIF.
18        (199) If the ordinance was adopted on July 16, 2014 by
19    the Village of Bellwood to create the North-2014 TIF.
20        (200) If the ordinance was adopted on July 16, 2014 by
21    the Village of Bellwood to create the South-2014 TIF.
22        (201) If the ordinance was adopted on July 16, 2014 by
23    the Village of Bellwood to create the Central Metro-2014
24    TIF.
25        (202) If the ordinance was adopted on September 17,
26    2014 by the Village of Bellwood to create the Addison

 

 

SB3563 Enrolled- 22 -LRB103 36270 AWJ 66367 b

1    Creek "A" (Southwest)-2014 TIF.
2        (203) If the ordinance was adopted on September 17,
3    2014 by the Village of Bellwood to create the Addison
4    Creek "B" (Northwest)-2014 TIF.
5        (204) If the ordinance was adopted on September 17,
6    2014 by the Village of Bellwood to create the Addison
7    Creek "C" (Northeast)-2014 TIF.
8        (205) If the ordinance was adopted on September 17,
9    2014 by the Village of Bellwood to create the Addison
10    Creek "D" (Southeast)-2014 TIF.
11        (206) If the ordinance was adopted on June 26, 2007 by
12    the City of Peoria.
13        (207) If the ordinance was adopted on October 28, 2008
14    by the City of Peoria.
15        (208) If the ordinance was adopted on April 4, 2000 by
16    the City of Joliet to create the Joliet City Center TIF
17    District.
18        (209) If the ordinance was adopted on July 8, 1998 by
19    the City of Chicago to create the 43rd/Cottage Grove TIF
20    district.
21        (210) If the ordinance was adopted on July 8, 1998 by
22    the City of Chicago to create the 79th Street Corridor TIF
23    district.
24        (211) If the ordinance was adopted on November 4, 1998
25    by the City of Chicago to create the Bronzeville TIF
26    district.

 

 

SB3563 Enrolled- 23 -LRB103 36270 AWJ 66367 b

1        (212) If the ordinance was adopted on February 5, 1998
2    by the City of Chicago to create the Homan/Arthington TIF
3    district.
4        (213) If the ordinance was adopted on December 8, 1998
5    by the Village of Plainfield.
6        (214) If the ordinance was adopted on July 17, 2000 by
7    the Village of Homer.
8        (215) If the ordinance was adopted on December 27,
9    2006 by the City of Greenville.
10        (216) If the ordinance was adopted on June 10, 1998 by
11    the City of Chicago to create the Kinzie Industrial TIF
12    district.
13        (217) If the ordinance was adopted on December 2, 1998
14    by the City of Chicago to create the Northwest Industrial
15    TIF district.
16        (218) If the ordinance was adopted on June 10, 1998 by
17    the City of Chicago to create the Pilsen Industrial TIF
18    district.
19        (219) If the ordinance was adopted on January 14, 1997
20    by the City of Chicago to create the 35th/Halsted TIF
21    district.
22        (220) If the ordinance was adopted on June 9, 1999 by
23    the City of Chicago to create the Pulaski Corridor TIF
24    district.
25        (221) If the ordinance was adopted on December 16,
26    1997 by the City of Springfield to create the Enos Park

 

 

SB3563 Enrolled- 24 -LRB103 36270 AWJ 66367 b

1    Neighborhood TIF District.
2        (222) If the ordinance was adopted on February 5, 1998
3    by the City of Chicago to create the Roosevelt/Cicero
4    redevelopment project area.
5        (223) If the ordinance was adopted on February 5, 1998
6    by the City of Chicago to create the Western/Ogden
7    redevelopment project area.
8        (224) If the ordinance was adopted on July 21, 1999 by
9    the City of Chicago to create the 24th/Michigan Avenue
10    redevelopment project area.
11        (225) If the ordinance was adopted on January 20, 1999
12    by the City of Chicago to create the Woodlawn
13    redevelopment project area.
14        (226) If the ordinance was adopted on July 7, 1999 by
15    the City of Chicago to create the Clark/Montrose
16    redevelopment project area.
17        (227) If the ordinance was adopted on November 4, 2003
18    by the City of Madison to create the Rivers Edge
19    redevelopment project area.
20        (228) If the ordinance was adopted on August 12, 2003
21    by the City of Madison to create the Caine Street
22    redevelopment project area.
23        (229) If the ordinance was adopted on March 7, 2000 by
24    the City of Madison to create the East Madison TIF.
25        (230) If the ordinance was adopted on August 3, 2001
26    by the Village of Aviston.

 

 

SB3563 Enrolled- 25 -LRB103 36270 AWJ 66367 b

1        (231) If the ordinance was adopted on August 22, 2011
2    by the Village of Warren.
3        (232) If the ordinance was adopted on April 8, 1999 by
4    the City of Farmer City.
5        (233) If the ordinance was adopted on August 4, 1999
6    by the Village of Fairmont City.
7        (234) If the ordinance was adopted on October 2, 1999
8    by the Village of Fairmont City.
9        (235) If the ordinance was adopted December 16, 1999
10    by the City of Springfield.
11        (236) If the ordinance was adopted on December 13,
12    1999 by the Village of Palatine to create the Village of
13    Palatine Downtown Area TIF District.
14        (237) If the ordinance was adopted on September 29,
15    1999 by the City of Chicago to create the 111th/Kedzie
16    redevelopment project area.
17        (238) If the ordinance was adopted on November 12,
18    1998 by the City of Chicago to create the Canal/Congress
19    redevelopment project area.
20        (239) If the ordinance was adopted on July 7, 1999 by
21    the City of Chicago to create the Galewood/Armitage
22    Industrial redevelopment project area.
23        (240) If the ordinance was adopted on September 29,
24    1999 by the City of Chicago to create the Madison/Austin
25    Corridor redevelopment project area.
26        (241) If the ordinance was adopted on April 12, 2000

 

 

SB3563 Enrolled- 26 -LRB103 36270 AWJ 66367 b

1    by the City of Chicago to create the South Chicago
2    redevelopment project area.
3        (242) If the ordinance was adopted on January 9, 2002
4    by the Village of Elkhart.
5        (243) If the ordinance was adopted on May 23, 2000 by
6    the City of Robinson to create the West Robinson
7    Industrial redevelopment project area.
8        (244) If the ordinance was adopted on October 9, 2001
9    by the City of Robinson to create the Downtown Robinson
10    redevelopment project area.
11        (245) If the ordinance was adopted on September 19,
12    2000 by the Village of Valmeyer.
13        (246) If the ordinance was adopted on April 15, 2002
14    by the City of McHenry to create the Downtown TIF
15    district.
16        (247) If the ordinance was adopted on February 15,
17    1999 by the Village of Channahon.
18        (248) If the ordinance was adopted on December 19,
19    2000 by the City of Peoria.
20        (249) If the ordinance was adopted on July 24, 2000 by
21    the City of Rock Island to create the North 11th Street
22    redevelopment project area.
23        (250) If the ordinance was adopted on February 5, 2002
24    by the City of Champaign to create the North Campustown
25    TIF.
26        (251) If the ordinance was adopted on November 20,

 

 

SB3563 Enrolled- 27 -LRB103 36270 AWJ 66367 b

1    2000 by the Village of Evergreen Park.
2        (252) If the ordinance was adopted on February 16,
3    2000 by the City of Chicago to create the
4    Fullerton/Milwaukee redevelopment project area.
5        (253) If the ordinance was adopted on October 23, 2006
6    by the Village of Bourbonnais to create the Bourbonnais
7    Industrial Park Conservation Area.
8        (254) If the ordinance was adopted on February 22,
9    2000 by the City of Geneva to create the East State Street
10    redevelopment project area.
11        (255) If the ordinance was adopted on February 6, 2001
12    by the Village of Downers Grove to create the Ogden Avenue
13    redevelopment project area.
14        (256) If the ordinance was adopted on June 27, 2001 by
15    the City of Chicago to create the Division/Homan
16    redevelopment project area.
17        (257) If the ordinance was adopted on May 17, 2000 by
18    the City of Chicago to create the 63rd/Pulaski
19    redevelopment project area.
20        (258) If the ordinance was adopted on March 10, 1999
21    by the City of Chicago to create the Greater Southwest
22    Industrial (East) redevelopment project area.
23        (259) If the ordinance was adopted on February 16,
24    2000 by the City of Chicago to create the Lawrence/Kedzie
25    redevelopment project area.
26        (260) If the ordinance was adopted on November 3, 1999

 

 

SB3563 Enrolled- 28 -LRB103 36270 AWJ 66367 b

1    by the City of Chicago to create the Lincoln Avenue
2    redevelopment project area.
3        (261) If the ordinance was adopted on September 3,
4    2015 by the Village of Fox River Grove to create the
5    Downtown TIF #2 redevelopment project area.
6        (262) If the ordinance was adopted on October 16, 2000
7    by the Village of Franklin Park to create the Downtown
8    Franklin Avenue redevelopment project area.
9        (263) If the ordinance was adopted on September 8,
10    2003 by the City of Jacksonville to create the Downtown
11    Redevelopment Project Area.
12        (264) If the ordinance was adopted on August 13, 2002
13    by the City of Prophetstown to create the Redevelopment
14    Project Area No. 1.
15        (265) If the ordinance was adopted on August 29, 2006
16    by the City of Ottawa to create the Ottawa Dayton
17    Industrial TIF District.
18        (266) If the ordinance was adopted on June 27, 2006 by
19    the City of Ottawa to create the Ottawa Canal TIF
20    District.
21        (267) If the ordinance was adopted on March 5, 2001 by
22    the City of Salem to create the TIF No 2 - Redevelopment
23    Area.
24        (268) If the ordinance was adopted on January 23, 2002
25    by the Village of Malta to create the Harkness Property
26    redevelopment project area.

 

 

SB3563 Enrolled- 29 -LRB103 36270 AWJ 66367 b

1        (269) If the ordinance was adopted on June 16, 2008 by
2    the City of Highland to create TIF #1.
3        (270) If the ordinance was adopted on January 3, 2012
4    by the City of Highland to create TIF #2.
5        (271) If the ordinance was adopted on January 1, 2000
6    by the City of Chicago to create the Belmont/Central
7    redevelopment project area.
8        (272) If the ordinance was adopted on June 27, 2001 by
9    the City of Chicago to create the Englewood Neighborhood
10    redevelopment project area.
11        (273) If the ordinance was adopted on December 13,
12    2000 by the City of Chicago to create the Lake Calumet Area
13    Industrial redevelopment project area.
14        (274) If the ordinance was adopted on October 15, 2001
15    by the City of Des Plaines to create TIF No. 6 Mannheim
16    Higgins Road.
17        (275) If the ordinance was adopted on October 22, 2001
18    by the City of Sullivan to create TIF District III.
19        (276) If the ordinance was adopted on November 12,
20    2013 by the City of Oak Forest to create the City of Oak
21    Forest Cicero Avenue Tax Increment Financing District
22    Redevelopment Project Area TIF District #6.
23    (d) For redevelopment project areas for which bonds were
24issued before July 29, 1991, or for which contracts were
25entered into before June 1, 1988, in connection with a
26redevelopment project in the area within the State Sales Tax

 

 

SB3563 Enrolled- 30 -LRB103 36270 AWJ 66367 b

1Boundary, the estimated dates of completion of the
2redevelopment project and retirement of obligations to finance
3redevelopment project costs (including refunding bonds under
4Section 11-74.4-7) may be extended by municipal ordinance to
5December 31, 2013. The termination procedures of subsection
6(b) of Section 11-74.4-8 are not required for these
7redevelopment project areas in 2009 but are required in 2013.
8The extension allowed by Public Act 87-1272 shall not apply to
9real property tax increment allocation financing under Section
1011-74.4-8.
11    (e) Those dates, for purposes of real property tax
12increment allocation financing pursuant to Section 11-74.4-8
13only, shall be not more than 35 years for redevelopment
14project areas that were adopted on or after December 16, 1986
15and for which at least $8 million worth of municipal bonds were
16authorized on or after December 19, 1989 but before January 1,
171990; provided that the municipality elects to extend the life
18of the redevelopment project area to 35 years by the adoption
19of an ordinance after at least 14 but not more than 30 days'
20written notice to the taxing bodies, that would otherwise
21constitute the joint review board for the redevelopment
22project area, before the adoption of the ordinance.
23    (f) Those dates, for purposes of real property tax
24increment allocation financing pursuant to Section 11-74.4-8
25only, shall be not more than 35 years for redevelopment
26project areas that were established on or after December 1,

 

 

SB3563 Enrolled- 31 -LRB103 36270 AWJ 66367 b

11981 but before January 1, 1982 and for which at least
2$1,500,000 worth of tax increment revenue bonds were
3authorized on or after September 30, 1990 but before July 1,
41991; provided that the municipality elects to extend the life
5of the redevelopment project area to 35 years by the adoption
6of an ordinance after at least 14 but not more than 30 days'
7written notice to the taxing bodies, that would otherwise
8constitute the joint review board for the redevelopment
9project area, before the adoption of the ordinance.
10    (f-1) (Blank).
11    (f-2) (Blank).
12    (f-3) (Blank).
13    (f-5) Those dates, for purposes of real property tax
14increment allocation financing pursuant to Section 11-74.4-8
15only, shall be not more than 47 years for redevelopment
16project areas listed in this subsection; provided that (i) the
17municipality adopts an ordinance extending the life of the
18redevelopment project area to 47 years and (ii) the
19municipality provides notice to the taxing bodies that would
20otherwise constitute the joint review board for the
21redevelopment project area not more than 30 and not less than
2214 days prior to the adoption of that ordinance:
23        (1) If the redevelopment project area was established
24    on December 29, 1981 by the City of Springfield.
25        (2) If the redevelopment project area was established
26    on December 29, 1986 by the City of Morris and that is

 

 

SB3563 Enrolled- 32 -LRB103 36270 AWJ 66367 b

1    known as the Morris TIF District 1.
2        (3) If the redevelopment project area was established
3    on December 31, 1986 by the Village of Cahokia.
4        (4) If the redevelopment project area was established
5    on December 20, 1986 by the City of Charleston.
6        (5) If the redevelopment project area was established
7    on December 23, 1986 by the City of Beardstown.
8        (6) If the redevelopment project area was established
9    on December 23, 1986 by the Town of Cicero.
10        (7) If the redevelopment project area was established
11    on December 29, 1986 by the City of East St. Louis.
12        (8) If the redevelopment project area was established
13    on January 23, 1991 by the City of East St. Louis.
14        (9) If the redevelopment project area was established
15    on December 29, 1986 by the Village of Gardner.
16        (10) If the redevelopment project area was established
17    on June 11, 2002 by the City of East Peoria to create the
18    West Washington Street TIF.
19        (11) If the redevelopment project area was established
20    on December 22, 1986 by the City of Washington creating
21    the Washington Square TIF #2.
22        (12) If the redevelopment project area was established
23    on November 11, 1986 by the City of Pekin.
24        (13) If the redevelopment project area was established
25    on December 30, 1986 by the City of Belleville.
26        (14) If the ordinance was adopted on April 3, 1989 by

 

 

SB3563 Enrolled- 33 -LRB103 36270 AWJ 66367 b

1    the City of Chicago Heights.
2        (15) If the redevelopment project area was established
3    on December 29, 1986 by the City of Pontiac to create TIF I
4    (the Main St TIF).
5        (16) If the redevelopment project area was established
6    on December 29, 1986 by the City of Pontiac to create TIF
7    II (the Interstate TIF).
8        (17) If the redevelopment project area was established
9    on December 23, 1986 by the City of Sparta to create TIF
10    #1. Any termination procedures provided for in Section
11    11-74.4-8 are not required for this redevelopment project
12    area prior to the 47th calendar year after the year in
13    which the ordinance approving the redevelopment project
14    year was adopted.
15        (18) If the redevelopment project area was established
16    on March 30, 1992 by the Village of Ohio to create the
17    Village of Ohio TIF District.
18        (19) If the redevelopment project area was established
19    on December 13, 1993 by the Village of Crete.
20        (20) If the redevelopment project area was established
21    on February 12, 2001 by the Village of Crete.
22        (21) If the redevelopment project area was established
23    on April 23, 2001 by the Village of Crete.
24        (22) If the redevelopment project area was established
25    on December 29, 1993 by the City of Ottawa to create the
26    Ottawa I-80 North TIF District.

 

 

SB3563 Enrolled- 34 -LRB103 36270 AWJ 66367 b

1        (23) If the redevelopment project area was established
2    on September 20, 1994 by the City of Ottawa to create the
3    Ottawa Rt. 6 East TIF District.
4        (24) If the redevelopment project area was established
5    on January 6, 1999 by the Village of Rosemont to create the
6    Village of Rosemont TIF 4 South River Road.
7    (g) In consolidating the material relating to completion
8dates from Sections 11-74.4-3 and 11-74.4-7 into this Section,
9it is not the intent of the General Assembly to make any
10substantive change in the law, except for the extension of the
11completion dates for the City of Aurora, the Village of Milan,
12the City of West Frankfort, the Village of Libertyville, and
13the Village of Hoffman Estates set forth under items (67),
14(68), (69), (70), and (71) of subsection (c) of this Section.
15(Source: P.A. 102-117, eff. 7-23-21; 102-424, eff. 8-20-21;
16102-425, eff. 8-20-21; 102-446, eff. 8-20-21; 102-473, eff.
178-20-21; 102-627, eff. 8-27-21; 102-675, eff. 11-30-21;
18102-745, eff. 5-6-22; 102-818, eff. 5-13-22; 102-1113, eff.
1912-21-22; 103-315, eff. 7-28-23; 103-575, eff. 12-8-23.)
 
20    Section 99. Effective date. This Act takes effect upon
21becoming law.