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Full Text of HB5017  101st General Assembly

HB5017 101ST GENERAL ASSEMBLY

  
  

 


 
101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB5017

 

Introduced 2/18/2020, by Rep. Anne Stava-Murray

 

SYNOPSIS AS INTRODUCED:
 
65 ILCS 5/11-74.4-5  from Ch. 24, par. 11-74.4-5
65 ILCS 5/11-74.4-13 new

    Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. In a municipality's annual reporting for each redevelopment project area, provides that the municipality shall report the percentage of the amounts of expenditures from the special tax allocation fund on redevelopment project costs compared to the amounts deposited into the special tax allocation fund during the fiscal year. Provides that a redevelopment project area is dormant when the percentage of the amounts of expenditures from a special tax allocation fund on redevelopment project costs are 10% or less then the amounts deposited into the special tax allocation fund for 7 consecutive fiscal years of the redevelopment project area. Provides that a municipality shall by ordinance terminate a dormant redevelopment project area no later than 45 days after filing its annual report indicating that a redevelopment project area is dormant. Provides that if a municipality fails to terminate a dormant redevelopment project area as required, the municipality shall be subject to a fine of $1,000 per day until it terminates the dormant redevelopment project area. Effective immediately.


LRB101 19438 AWJ 68910 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB5017LRB101 19438 AWJ 68910 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 11-74.4-5 and by adding Section 11-74.4-13 as
6follows:
 
7    (65 ILCS 5/11-74.4-5)  (from Ch. 24, par. 11-74.4-5)
8    Sec. 11-74.4-5. Public hearing; joint review board.
9    (a) The changes made by this amendatory Act of the 91st
10General Assembly do not apply to a municipality that, (i)
11before the effective date of this amendatory Act of the 91st
12General Assembly, has adopted an ordinance or resolution fixing
13a time and place for a public hearing under this Section or
14(ii) before July 1, 1999, has adopted an ordinance or
15resolution providing for a feasibility study under Section
1611-74.4-4.1, but has not yet adopted an ordinance approving
17redevelopment plans and redevelopment projects or designating
18redevelopment project areas under Section 11-74.4-4, until
19after that municipality adopts an ordinance approving
20redevelopment plans and redevelopment projects or designating
21redevelopment project areas under Section 11-74.4-4;
22thereafter the changes made by this amendatory Act of the 91st
23General Assembly apply to the same extent that they apply to

 

 

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1redevelopment plans and redevelopment projects that were
2approved and redevelopment projects that were designated
3before the effective date of this amendatory Act of the 91st
4General Assembly.
5    Prior to the adoption of an ordinance proposing the
6designation of a redevelopment project area, or approving a
7redevelopment plan or redevelopment project, the municipality
8by its corporate authorities, or as it may determine by any
9commission designated under subsection (k) of Section
1011-74.4-4 shall adopt an ordinance or resolution fixing a time
11and place for public hearing. At least 10 days prior to the
12adoption of the ordinance or resolution establishing the time
13and place for the public hearing, the municipality shall make
14available for public inspection a redevelopment plan or a
15separate report that provides in reasonable detail the basis
16for the eligibility of the redevelopment project area. The
17report along with the name of a person to contact for further
18information shall be sent within a reasonable time after the
19adoption of such ordinance or resolution to the affected taxing
20districts by certified mail. On and after the effective date of
21this amendatory Act of the 91st General Assembly, the
22municipality shall print in a newspaper of general circulation
23within the municipality a notice that interested persons may
24register with the municipality in order to receive information
25on the proposed designation of a redevelopment project area or
26the approval of a redevelopment plan. The notice shall state

 

 

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1the place of registration and the operating hours of that
2place. The municipality shall have adopted reasonable rules to
3implement this registration process under Section 11-74.4-4.2.
4The municipality shall provide notice of the availability of
5the redevelopment plan and eligibility report, including how to
6obtain this information, by mail within a reasonable time after
7the adoption of the ordinance or resolution, to all residential
8addresses that, after a good faith effort, the municipality
9determines are located outside the proposed redevelopment
10project area and within 750 feet of the boundaries of the
11proposed redevelopment project area. This requirement is
12subject to the limitation that in a municipality with a
13population of over 100,000, if the total number of residential
14addresses outside the proposed redevelopment project area and
15within 750 feet of the boundaries of the proposed redevelopment
16project area exceeds 750, the municipality shall be required to
17provide the notice to only the 750 residential addresses that,
18after a good faith effort, the municipality determines are
19outside the proposed redevelopment project area and closest to
20the boundaries of the proposed redevelopment project area.
21Notwithstanding the foregoing, notice given after August 7,
222001 (the effective date of Public Act 92-263) and before the
23effective date of this amendatory Act of the 92nd General
24Assembly to residential addresses within 750 feet of the
25boundaries of a proposed redevelopment project area shall be
26deemed to have been sufficiently given in compliance with this

 

 

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1Act if given only to residents outside the boundaries of the
2proposed redevelopment project area. The notice shall also be
3provided by the municipality, regardless of its population, to
4those organizations and residents that have registered with the
5municipality for that information in accordance with the
6registration guidelines established by the municipality under
7Section 11-74.4-4.2.
8    At the public hearing any interested person or affected
9taxing district may file with the municipal clerk written
10objections to and may be heard orally in respect to any issues
11embodied in the notice. The municipality shall hear all
12protests and objections at the hearing and the hearing may be
13adjourned to another date without further notice other than a
14motion to be entered upon the minutes fixing the time and place
15of the subsequent hearing. At the public hearing or at any time
16prior to the adoption by the municipality of an ordinance
17approving a redevelopment plan, the municipality may make
18changes in the redevelopment plan. Changes which (1) add
19additional parcels of property to the proposed redevelopment
20project area, (2) substantially affect the general land uses
21proposed in the redevelopment plan, (3) substantially change
22the nature of or extend the life of the redevelopment project,
23or (4) increase the number of inhabited residential units to be
24displaced from the redevelopment project area, as measured from
25the time of creation of the redevelopment project area, to a
26total of more than 10, shall be made only after the

 

 

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1municipality gives notice, convenes a joint review board, and
2conducts a public hearing pursuant to the procedures set forth
3in this Section and in Section 11-74.4-6 of this Act. Changes
4which do not (1) add additional parcels of property to the
5proposed redevelopment project area, (2) substantially affect
6the general land uses proposed in the redevelopment plan, (3)
7substantially change the nature of or extend the life of the
8redevelopment project, or (4) increase the number of inhabited
9residential units to be displaced from the redevelopment
10project area, as measured from the time of creation of the
11redevelopment project area, to a total of more than 10, may be
12made without further hearing, provided that the municipality
13shall give notice of any such changes by mail to each affected
14taxing district and registrant on the interested parties
15registry, provided for under Section 11-74.4-4.2, and by
16publication in a newspaper of general circulation within the
17affected taxing district. Such notice by mail and by
18publication shall each occur not later than 10 days following
19the adoption by ordinance of such changes. Hearings with regard
20to a redevelopment project area, project or plan may be held
21simultaneously.
22    (b) Prior to holding a public hearing to approve or amend a
23redevelopment plan or to designate or add additional parcels of
24property to a redevelopment project area, the municipality
25shall convene a joint review board. The board shall consist of
26a representative selected by each community college district,

 

 

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1local elementary school district and high school district or
2each local community unit school district, park district,
3library district, township, fire protection district, and
4county that will have the authority to directly levy taxes on
5the property within the proposed redevelopment project area at
6the time that the proposed redevelopment project area is
7approved, a representative selected by the municipality and a
8public member. The public member shall first be selected and
9then the board's chairperson shall be selected by a majority of
10the board members present and voting.
11    For redevelopment project areas with redevelopment plans
12or proposed redevelopment plans that would result in the
13displacement of residents from 10 or more inhabited residential
14units or that include 75 or more inhabited residential units,
15the public member shall be a person who resides in the
16redevelopment project area. If, as determined by the housing
17impact study provided for in paragraph (5) of subsection (n) of
18Section 11-74.4-3, or if no housing impact study is required
19then based on other reasonable data, the majority of
20residential units are occupied by very low, low, or moderate
21income households, as defined in Section 3 of the Illinois
22Affordable Housing Act, the public member shall be a person who
23resides in very low, low, or moderate income housing within the
24redevelopment project area. Municipalities with fewer than
2515,000 residents shall not be required to select a person who
26lives in very low, low, or moderate income housing within the

 

 

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1redevelopment project area, provided that the redevelopment
2plan or project will not result in displacement of residents
3from 10 or more inhabited units, and the municipality so
4certifies in the plan. If no person satisfying these
5requirements is available or if no qualified person will serve
6as the public member, then the joint review board is relieved
7of this paragraph's selection requirements for the public
8member.
9    Within 90 days of the effective date of this amendatory Act
10of the 91st General Assembly, each municipality that designated
11a redevelopment project area for which it was not required to
12convene a joint review board under this Section shall convene a
13joint review board to perform the duties specified under
14paragraph (e) of this Section.
15    All board members shall be appointed and the first board
16meeting shall be held at least 14 days but not more than 28
17days after the mailing of notice by the municipality to the
18taxing districts as required by Section 11-74.4-6(c).
19Notwithstanding the preceding sentence, a municipality that
20adopted either a public hearing resolution or a feasibility
21resolution between July 1, 1999 and July 1, 2000 that called
22for the meeting of the joint review board within 14 days of
23notice of public hearing to affected taxing districts is deemed
24to be in compliance with the notice, meeting, and public
25hearing provisions of the Act. Such notice shall also advise
26the taxing bodies represented on the joint review board of the

 

 

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1time and place of the first meeting of the board. Additional
2meetings of the board shall be held upon the call of any
3member. The municipality seeking designation of the
4redevelopment project area shall provide administrative
5support to the board.
6    The board shall review (i) the public record, planning
7documents and proposed ordinances approving the redevelopment
8plan and project and (ii) proposed amendments to the
9redevelopment plan or additions of parcels of property to the
10redevelopment project area to be adopted by the municipality.
11As part of its deliberations, the board may hold additional
12hearings on the proposal. A board's recommendation shall be an
13advisory, non-binding recommendation. The recommendation shall
14be adopted by a majority of those members present and voting.
15The recommendations shall be submitted to the municipality
16within 30 days after convening of the board. Failure of the
17board to submit its report on a timely basis shall not be cause
18to delay the public hearing or any other step in the process of
19designating or amending the redevelopment project area but
20shall be deemed to constitute approval by the joint review
21board of the matters before it.
22    The board shall base its recommendation to approve or
23disapprove the redevelopment plan and the designation of the
24redevelopment project area or the amendment of the
25redevelopment plan or addition of parcels of property to the
26redevelopment project area on the basis of the redevelopment

 

 

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1project area and redevelopment plan satisfying the plan
2requirements, the eligibility criteria defined in Section
311-74.4-3, and the objectives of this Act.
4    The board shall issue a written report describing why the
5redevelopment plan and project area or the amendment thereof
6meets or fails to meet one or more of the objectives of this
7Act and both the plan requirements and the eligibility criteria
8defined in Section 11-74.4-3. In the event the Board does not
9file a report it shall be presumed that these taxing bodies
10find the redevelopment project area and redevelopment plan
11satisfy the objectives of this Act and the plan requirements
12and eligibility criteria.
13    If the board recommends rejection of the matters before it,
14the municipality will have 30 days within which to resubmit the
15plan or amendment. During this period, the municipality will
16meet and confer with the board and attempt to resolve those
17issues set forth in the board's written report that led to the
18rejection of the plan or amendment.
19    Notwithstanding the resubmission set forth above, the
20municipality may commence the scheduled public hearing and
21either adjourn the public hearing or continue the public
22hearing until a date certain. Prior to continuing any public
23hearing to a date certain, the municipality shall announce
24during the public hearing the time, date, and location for the
25reconvening of the public hearing. Any changes to the
26redevelopment plan necessary to satisfy the issues set forth in

 

 

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1the joint review board report shall be the subject of a public
2hearing before the hearing is adjourned if the changes would
3(1) substantially affect the general land uses proposed in the
4redevelopment plan, (2) substantially change the nature of or
5extend the life of the redevelopment project, or (3) increase
6the number of inhabited residential units to be displaced from
7the redevelopment project area, as measured from the time of
8creation of the redevelopment project area, to a total of more
9than 10. Changes to the redevelopment plan necessary to satisfy
10the issues set forth in the joint review board report shall not
11require any further notice or convening of a joint review board
12meeting, except that any changes to the redevelopment plan that
13would add additional parcels of property to the proposed
14redevelopment project area shall be subject to the notice,
15public hearing, and joint review board meeting requirements
16established for such changes by subsection (a) of Section
1711-74.4-5.
18    In the event that the municipality and the board are unable
19to resolve these differences, or in the event that the
20resubmitted plan or amendment is rejected by the board, the
21municipality may proceed with the plan or amendment, but only
22upon a three-fifths vote of the corporate authority responsible
23for approval of the plan or amendment, excluding positions of
24members that are vacant and those members that are ineligible
25to vote because of conflicts of interest.
26    (c) After a municipality has by ordinance approved a

 

 

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1redevelopment plan and designated a redevelopment project
2area, the plan may be amended and additional properties may be
3added to the redevelopment project area only as herein
4provided. Amendments which (1) add additional parcels of
5property to the proposed redevelopment project area, (2)
6substantially affect the general land uses proposed in the
7redevelopment plan, (3) substantially change the nature of the
8redevelopment project, (4) increase the total estimated
9redevelopment project costs set out in the redevelopment plan
10by more than 5% after adjustment for inflation from the date
11the plan was adopted, (5) add additional redevelopment project
12costs to the itemized list of redevelopment project costs set
13out in the redevelopment plan, or (6) increase the number of
14inhabited residential units to be displaced from the
15redevelopment project area, as measured from the time of
16creation of the redevelopment project area, to a total of more
17than 10, shall be made only after the municipality gives
18notice, convenes a joint review board, and conducts a public
19hearing pursuant to the procedures set forth in this Section
20and in Section 11-74.4-6 of this Act. Changes which do not (1)
21add additional parcels of property to the proposed
22redevelopment project area, (2) substantially affect the
23general land uses proposed in the redevelopment plan, (3)
24substantially change the nature of the redevelopment project,
25(4) increase the total estimated redevelopment project cost set
26out in the redevelopment plan by more than 5% after adjustment

 

 

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1for inflation from the date the plan was adopted, (5) add
2additional redevelopment project costs to the itemized list of
3redevelopment project costs set out in the redevelopment plan,
4or (6) increase the number of inhabited residential units to be
5displaced from the redevelopment project area, as measured from
6the time of creation of the redevelopment project area, to a
7total of more than 10, may be made without further public
8hearing and related notices and procedures including the
9convening of a joint review board as set forth in Section
1011-74.4-6 of this Act, provided that the municipality shall
11give notice of any such changes by mail to each affected taxing
12district and registrant on the interested parties registry,
13provided for under Section 11-74.4-4.2, and by publication in a
14newspaper of general circulation within the affected taxing
15district. Such notice by mail and by publication shall each
16occur not later than 10 days following the adoption by
17ordinance of such changes.
18    (d) After the effective date of this amendatory Act of the
1991st General Assembly, a municipality shall submit in an
20electronic format the following information for each
21redevelopment project area (i) to the State Comptroller under
22Section 8-8-3.5 of the Illinois Municipal Code, subject to any
23extensions or exemptions provided at the Comptroller's
24discretion under that Section, and (ii) to all taxing districts
25overlapping the redevelopment project area no later than 180
26days after the close of each municipal fiscal year or as soon

 

 

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1thereafter as the audited financial statements become
2available and, in any case, shall be submitted before the
3annual meeting of the Joint Review Board to each of the taxing
4districts that overlap the redevelopment project area:
5        (1) Any amendments to the redevelopment plan, the
6    redevelopment project area, or the State Sales Tax
7    Boundary.
8        (1.5) A list of the redevelopment project areas
9    administered by the municipality and, if applicable, the
10    date each redevelopment project area was designated or
11    terminated by the municipality.
12        (2) Audited financial statements of the special tax
13    allocation fund once a cumulative total of $100,000 has
14    been deposited in the fund.
15        (3) Certification of the Chief Executive Officer of the
16    municipality that the municipality has complied with all of
17    the requirements of this Act during the preceding fiscal
18    year.
19        (4) An opinion of legal counsel that the municipality
20    is in compliance with this Act.
21        (5) An analysis of the special tax allocation fund
22    which sets forth:
23            (A) the balance in the special tax allocation fund
24        at the beginning of the fiscal year;
25            (B) all amounts deposited in the special tax
26        allocation fund by source;

 

 

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1            (C) an itemized list of all expenditures from the
2        special tax allocation fund by category of permissible
3        redevelopment project cost; and
4            (D) the balance in the special tax allocation fund
5        at the end of the fiscal year including a breakdown of
6        that balance by source and a breakdown of that balance
7        identifying any portion of the balance that is
8        required, pledged, earmarked, or otherwise designated
9        for payment of or securing of obligations and
10        anticipated redevelopment project costs. Any portion
11        of such ending balance that has not been identified or
12        is not identified as being required, pledged,
13        earmarked, or otherwise designated for payment of or
14        securing of obligations or anticipated redevelopment
15        projects costs shall be designated as surplus as set
16        forth in Section 11-74.4-7 hereof; and .
17            (E) on and after the effective date of this
18        amendatory Act of the 101st General Assembly, the
19        percentage of the amounts of expenditures from the
20        special tax allocation fund on redevelopment project
21        costs compared to the amounts deposited into the
22        special tax allocation fund during the fiscal year and
23        the number of consecutive years that the percentage has
24        been equal to or less than 10%.
25        (6) A description of all property purchased by the
26    municipality within the redevelopment project area

 

 

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1    including:
2            (A) Street address.
3            (B) Approximate size or description of property.
4            (C) Purchase price.
5            (D) Seller of property.
6        (7) A statement setting forth all activities
7    undertaken in furtherance of the objectives of the
8    redevelopment plan, including:
9            (A) Any project implemented in the preceding
10        fiscal year.
11            (B) A description of the redevelopment activities
12        undertaken.
13            (C) A description of any agreements entered into by
14        the municipality with regard to the disposition or
15        redevelopment of any property within the redevelopment
16        project area or the area within the State Sales Tax
17        Boundary.
18            (D) Additional information on the use of all funds
19        received under this Division and steps taken by the
20        municipality to achieve the objectives of the
21        redevelopment plan.
22            (E) Information regarding contracts that the
23        municipality's tax increment advisors or consultants
24        have entered into with entities or persons that have
25        received, or are receiving, payments financed by tax
26        increment revenues produced by the same redevelopment

 

 

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1        project area.
2            (F) Any reports submitted to the municipality by
3        the joint review board.
4            (G) A review of public and, to the extent possible,
5        private investment actually undertaken to date after
6        the effective date of this amendatory Act of the 91st
7        General Assembly and estimated to be undertaken during
8        the following year. This review shall, on a
9        project-by-project basis, set forth the estimated
10        amounts of public and private investment incurred
11        after the effective date of this amendatory Act of the
12        91st General Assembly and provide the ratio of private
13        investment to public investment to the date of the
14        report and as estimated to the completion of the
15        redevelopment project.
16        (8) With regard to any obligations issued by the
17    municipality:
18            (A) copies of any official statements; and
19            (B) an analysis prepared by financial advisor or
20        underwriter setting forth: (i) nature and term of
21        obligation; and (ii) projected debt service including
22        required reserves and debt coverage.
23        (9) For special tax allocation funds that have
24    experienced cumulative deposits of incremental tax
25    revenues of $100,000 or more, a certified audit report
26    reviewing compliance with this Act performed by an

 

 

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1    independent public accountant certified and licensed by
2    the authority of the State of Illinois. The financial
3    portion of the audit must be conducted in accordance with
4    Standards for Audits of Governmental Organizations,
5    Programs, Activities, and Functions adopted by the
6    Comptroller General of the United States (1981), as
7    amended, or the standards specified by Section 8-8-5 of the
8    Illinois Municipal Auditing Law of the Illinois Municipal
9    Code. The audit report shall contain a letter from the
10    independent certified public accountant indicating
11    compliance or noncompliance with the requirements of
12    subsection (q) of Section 11-74.4-3. For redevelopment
13    plans or projects that would result in the displacement of
14    residents from 10 or more inhabited residential units or
15    that contain 75 or more inhabited residential units, notice
16    of the availability of the information, including how to
17    obtain the report, required in this subsection shall also
18    be sent by mail to all residents or organizations that
19    operate in the municipality that register with the
20    municipality for that information according to
21    registration procedures adopted under Section 11-74.4-4.2.
22    All municipalities are subject to this provision.
23        (10) A list of all intergovernmental agreements in
24    effect during the fiscal year to which the municipality is
25    a party and an accounting of any moneys transferred or
26    received by the municipality during that fiscal year

 

 

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1    pursuant to those intergovernmental agreements.
2    (d-1) Prior to the effective date of this amendatory Act of
3the 91st General Assembly, municipalities with populations of
4over 1,000,000 shall, after adoption of a redevelopment plan or
5project, make available upon request to any taxing district in
6which the redevelopment project area is located the following
7information:
8        (1) Any amendments to the redevelopment plan, the
9    redevelopment project area, or the State Sales Tax
10    Boundary; and
11        (2) In connection with any redevelopment project area
12    for which the municipality has outstanding obligations
13    issued to provide for redevelopment project costs pursuant
14    to Section 11-74.4-7, audited financial statements of the
15    special tax allocation fund.
16    (e) The joint review board shall meet annually 180 days
17after the close of the municipal fiscal year or as soon as the
18redevelopment project audit for that fiscal year becomes
19available to review the effectiveness and status of the
20redevelopment project area up to that date.
21    (f) (Blank).
22    (g) In the event that a municipality has held a public
23hearing under this Section prior to March 14, 1994 (the
24effective date of Public Act 88-537), the requirements imposed
25by Public Act 88-537 relating to the method of fixing the time
26and place for public hearing, the materials and information

 

 

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1required to be made available for public inspection, and the
2information required to be sent after adoption of an ordinance
3or resolution fixing a time and place for public hearing shall
4not be applicable.
5    (h) On and after the effective date of this amendatory Act
6of the 96th General Assembly, the State Comptroller must post
7on the State Comptroller's official website the information
8submitted by a municipality pursuant to subsection (d) of this
9Section. The information must be posted no later than 45 days
10after the State Comptroller receives the information from the
11municipality. The State Comptroller must also post a list of
12the municipalities not in compliance with the reporting
13requirements set forth in subsection (d) of this Section.
14    (i) No later than 10 years after the corporate authorities
15of a municipality adopt an ordinance to establish a
16redevelopment project area, the municipality must compile a
17status report concerning the redevelopment project area. The
18status report must detail without limitation the following: (i)
19the amount of revenue generated within the redevelopment
20project area, (ii) any expenditures made by the municipality
21for the redevelopment project area including without
22limitation expenditures from the special tax allocation fund,
23(iii) the status of planned activities, goals, and objectives
24set forth in the redevelopment plan including details on new or
25planned construction within the redevelopment project area,
26(iv) the amount of private and public investment within the

 

 

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1redevelopment project area, and (v) any other relevant
2evaluation or performance data. Within 30 days after the
3municipality compiles the status report, the municipality must
4hold at least one public hearing concerning the report. The
5municipality must provide 20 days' public notice of the
6hearing.
7    (j) Beginning in fiscal year 2011 and in each fiscal year
8thereafter, a municipality must detail in its annual budget (i)
9the revenues generated from redevelopment project areas by
10source and (ii) the expenditures made by the municipality for
11redevelopment project areas.
12(Source: P.A. 98-922, eff. 8-15-14.)
 
13    (65 ILCS 5/11-74.4-13 new)
14    Sec. 11-74.4-13. Dormant redevelopment project areas;
15termination; penalty.
16    (a) As used in this Section, "dormant redevelopment project
17area" means a redevelopment project area where the percentage
18of the amounts of expenditures from its special tax allocation
19fund on redevelopment project costs are 10% or less then the
20amounts deposited into the special tax allocation fund for 7
21consecutive fiscal years.
22    (b) A municipality shall by ordinance terminate a dormant
23redevelopment project area within 45 days after the date of
24filing a report under subsection (d) of Section 11-74.4-5
25indicating that a redevelopment project area meets the

 

 

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1requirements of subsection (a) of this Section.
2    (c) If a municipality fails to terminate a dormant
3redevelopment project area as required under subsection (b),
4the municipality shall be subject to a fine of $1,000 per day
5until it terminates the dormant redevelopment project area.
 
6    Section 99. Effective date. This Act takes effect upon
7becoming law.