Illinois General Assembly - Full Text of HB1345
Illinois General Assembly

Previous General Assemblies

Full Text of HB1345  96th General Assembly

HB1345sam002 96TH GENERAL ASSEMBLY

Sen. Don Harmon

Filed: 5/18/2009

 

 


 

 


 
09600HB1345sam002 LRB096 08462 RLJ 27029 a

1
AMENDMENT TO HOUSE BILL 1345

2     AMENDMENT NO. ______. Amend House Bill 1345 by replacing
3 everything after the enacting clause with the following:
 
4     "Section 5. The Illinois Municipal Code is amended by
5 changing Section 11-74.4-3.5 and by adding Section 11-74.4-8d
6 as follows:
 
7     (65 ILCS 5/11-74.4-3.5)
8     (Text of Section before amendment by P.A. 95-1028)
9     Sec. 11-74.4-3.5. Completion dates for redevelopment
10 projects.
11     (a) Unless otherwise stated in this Section, the estimated
12 dates of completion of the redevelopment project and retirement
13 of obligations issued to finance redevelopment project costs
14 (including refunding bonds under Section 11-74.4-7) may not be
15 later than December 31 of the year in which the payment to the
16 municipal treasurer, as provided in subsection (b) of Section

 

 

09600HB1345sam002 - 2 - LRB096 08462 RLJ 27029 a

1 11-74.4-8 of this Act, is to be made with respect to ad valorem
2 taxes levied in the 23rd calendar year after the year in which
3 the ordinance approving the redevelopment project area was
4 adopted if the ordinance was adopted on or after January 15,
5 1981.
6     (b) The estimated dates of completion of the redevelopment
7 project and retirement of obligations issued to finance
8 redevelopment project costs (including refunding bonds under
9 Section 11-74.4-7) may not be later than December 31 of the
10 year in which the payment to the municipal treasurer as
11 provided in subsection (b) of Section 11-74.4-8 of this Act is
12 to be made with respect to ad valorem taxes levied in the 33rd
13 calendar year after the year in which the ordinance approving
14 the redevelopment project area was adopted, if the ordinance
15 was adopted on May 20, 1985 by the Village of Wheeling.
16     (c) The estimated dates of completion of the redevelopment
17 project and retirement of obligations issued to finance
18 redevelopment project costs (including refunding bonds under
19 Section 11-74.4-7) may not be later than December 31 of the
20 year in which the payment to the municipal treasurer as
21 provided in subsection (b) of Section 11-74.4-8 of this Act is
22 to be made with respect to ad valorem taxes levied in the 35th
23 calendar year after the year in which the ordinance approving
24 the redevelopment project area was adopted:
25         (1) if the ordinance was adopted before January 15,
26     1981;

 

 

09600HB1345sam002 - 3 - LRB096 08462 RLJ 27029 a

1         (2) if the ordinance was adopted in December 1983,
2     April 1984, July 1985, or December 1989;
3         (3) if the ordinance was adopted in December 1987 and
4     the redevelopment project is located within one mile of
5     Midway Airport;
6         (4) if the ordinance was adopted before January 1, 1987
7     by a municipality in Mason County;
8         (5) if the municipality is subject to the Local
9     Government Financial Planning and Supervision Act or the
10     Financially Distressed City Law;
11         (6) if the ordinance was adopted in December 1984 by
12     the Village of Rosemont;
13         (7) if the ordinance was adopted on December 31, 1986
14     by a municipality located in Clinton County for which at
15     least $250,000 of tax increment bonds were authorized on
16     June 17, 1997, or if the ordinance was adopted on December
17     31, 1986 by a municipality with a population in 1990 of
18     less than 3,600 that is located in a county with a
19     population in 1990 of less than 34,000 and for which at
20     least $250,000 of tax increment bonds were authorized on
21     June 17, 1997;
22         (8) if the ordinance was adopted on October 5, 1982 by
23     the City of Kankakee, or if the ordinance was adopted on
24     December 29, 1986 by East St. Louis;
25         (9) if the ordinance was adopted on November 12, 1991
26     by the Village of Sauget;

 

 

09600HB1345sam002 - 4 - LRB096 08462 RLJ 27029 a

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

 

 

09600HB1345sam002 - 5 - LRB096 08462 RLJ 27029 a

1         (23) if the ordinance was adopted on April 27, 1981,
2     October 21, 1985, or December 30, 1986 by the City of
3     Belleville;
4         (24) if the ordinance was adopted on December 29, 1986
5     by the City of Collinsville;
6         (25) if the ordinance was adopted on September 14, 1994
7     by the City of Alton;
8         (26) if the ordinance was adopted on November 11, 1996
9     by the City of Lexington;
10         (27) if the ordinance was adopted on November 5, 1984
11     by the City of LeRoy;
12         (28) if the ordinance was adopted on April 3, 1991 or
13     June 3, 1992 by the City of Markham;
14         (29) if the ordinance was adopted on November 11, 1986
15     by the City of Pekin;
16         (30) if the ordinance was adopted on December 15, 1981
17     by the City of Champaign;
18         (31) if the ordinance was adopted on December 15, 1986
19     by the City of Urbana;
20         (32) if the ordinance was adopted on December 15, 1986
21     by the Village of Heyworth;
22         (33) if the ordinance was adopted on February 24, 1992
23     by the Village of Heyworth;
24         (34) if the ordinance was adopted on March 16, 1995 by
25     the Village of Heyworth;
26         (35) if the ordinance was adopted on December 23, 1986

 

 

09600HB1345sam002 - 6 - LRB096 08462 RLJ 27029 a

1     by the Town of Cicero;
2         (36) if the ordinance was adopted on December 30, 1986
3     by the City of Effingham;
4         (37) if the ordinance was adopted on May 9, 1991 by the
5     Village of Tilton;
6         (38) if the ordinance was adopted on October 20, 1986
7     by the City of Elmhurst;
8         (39) if the ordinance was adopted on January 19, 1988
9     by the City of Waukegan;
10         (40) if the ordinance was adopted on September 21, 1998
11     by the City of Waukegan;
12         (41) if the ordinance was adopted on December 31, 1986
13     by the City of Sullivan;
14         (42) if the ordinance was adopted on December 23, 1991
15     by the City of Sullivan;
16         (43) if the ordinance was adopted on December 31, 1986
17     by the City of Oglesby;
18         (44) if the ordinance was adopted on July 28, 1987 by
19     the City of Marion;
20         (45) if the ordinance was adopted on April 23, 1990 by
21     the City of Marion;
22         (46) if the ordinance was adopted on August 20, 1985 by
23     the Village of Mount Prospect;
24         (47) if the ordinance was adopted on February 2, 1998
25     by the Village of Woodhull;
26         (48) if the ordinance was adopted on April 20, 1993 by

 

 

09600HB1345sam002 - 7 - LRB096 08462 RLJ 27029 a

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

 

 

09600HB1345sam002 - 8 - LRB096 08462 RLJ 27029 a

1     by the Village of Mt. Zion;
2         (62) if the ordinance was adopted on December 30, 1986
3     by the Village of Manteno;
4         (63) if the ordinance was adopted on April 3, 1989 by
5     the City of Chicago Heights;
6         (64) if the ordinance was adopted on January 6, 1999 by
7     the Village of Rosemont;
8         (65) if the ordinance was adopted on December 19, 2000
9     by the Village of Stone Park;
10         (66) if the ordinance was adopted on December 22, 1986
11     by the City of DeKalb; or
12         (67) if the ordinance was adopted on December 2, 1986
13     by the City of Aurora; .
14         (68) (67) if the ordinance was adopted on December 31,
15     1986 by the Village of Milan; or
16         (69) (68) if the ordinance was adopted on September 8,
17     1994 by the City of West Frankfort; .
18         (70) if the ordinance was adopted on December 23, 1986
19     by the Village of Libertyville;
20         (71) if the ordinance was adopted on November 6, 2002
21     by the City of Chicago to create the Madden/Wells TIF
22     District;
23         (72) if the ordinance was adopted on November 4, 1998
24     by the City of Chicago to create the Roosevelt/Racine TIF
25     District;
26         (73) if the ordinance was adopted on June 10, 1998 by

 

 

09600HB1345sam002 - 9 - LRB096 08462 RLJ 27029 a

1     the City of Chicago to create the Stony Island
2     Commercial/Burnside Industrial Corridors TIF District; or
3         (74) if the ordinance was adopted on November 29, 1989
4     by the City of Chicago to create the Englewood Mall TIF
5     District.
6     (d) For redevelopment project areas for which bonds were
7 issued before July 29, 1991, or for which contracts were
8 entered into before June 1, 1988, in connection with a
9 redevelopment project in the area within the State Sales Tax
10 Boundary, the estimated dates of completion of the
11 redevelopment project and retirement of obligations to finance
12 redevelopment project costs (including refunding bonds under
13 Section 11-74.4-7) may be extended by municipal ordinance to
14 December 31, 2013. The termination procedures of subsection (b)
15 of Section 11-74.4-8 are not required for these redevelopment
16 project areas in 2009 but are required in 2013. The extension
17 allowed by Public Act 87-1272 shall not apply to real property
18 tax increment allocation financing under Section 11-74.4-8.
19     (e) Those dates, for purposes of real property tax
20 increment allocation financing pursuant to Section 11-74.4-8
21 only, shall be not more than 35 years for redevelopment project
22 areas that were adopted on or after December 16, 1986 and for
23 which at least $8 million worth of municipal bonds were
24 authorized on or after December 19, 1989 but before January 1,
25 1990; provided that the municipality elects to extend the life
26 of the redevelopment project area to 35 years by the adoption

 

 

09600HB1345sam002 - 10 - LRB096 08462 RLJ 27029 a

1 of an ordinance after at least 14 but not more than 30 days'
2 written notice to the taxing bodies, that would otherwise
3 constitute the joint review board for the redevelopment project
4 area, before the adoption of the ordinance.
5     (f) Those dates, for purposes of real property tax
6 increment allocation financing pursuant to Section 11-74.4-8
7 only, shall be not more than 35 years for redevelopment project
8 areas that were established on or after December 1, 1981 but
9 before January 1, 1982 and for which at least $1,500,000 worth
10 of tax increment revenue bonds were authorized on or after
11 September 30, 1990 but before July 1, 1991; provided that the
12 municipality elects to extend the life of the redevelopment
13 project area to 35 years by the adoption of an ordinance after
14 at least 14 but not more than 30 days' written notice to the
15 taxing bodies, that would otherwise constitute the joint review
16 board for the redevelopment project area, before the adoption
17 of the ordinance.
18     (g) In consolidating the material relating to completion
19 dates from Sections 11-74.4-3 and 11-74.4-7 into this Section,
20 it is not the intent of the 95th General Assembly to make any
21 substantive change in the law, except for the extension of the
22 completion dates date for the City of Aurora, the Village of
23 Milan, and the City of West Frankfort, and the Village of
24 Libertyville set forth under items item (67), and (68), (69),
25 and (70) of subsection (c) of this Section.
26 (Source: P.A. 95-932, eff. 8-26-08; 95-964, eff. 9-23-08;

 

 

09600HB1345sam002 - 11 - LRB096 08462 RLJ 27029 a

1 incorporates P.A. 95-777, eff. 9-22-08; revised 10-14-08.)
 
2     (Text of Section after amendment by P.A. 95-1028)
3     Sec. 11-74.4-3.5. Completion dates for redevelopment
4 projects.
5     (a) Unless otherwise stated in this Section, the estimated
6 dates of completion of the redevelopment project and retirement
7 of obligations issued to finance redevelopment project costs
8 (including refunding bonds under Section 11-74.4-7) may not be
9 later than December 31 of the year in which the payment to the
10 municipal treasurer, as provided in subsection (b) of Section
11 11-74.4-8 of this Act, is to be made with respect to ad valorem
12 taxes levied in the 23rd calendar year after the year in which
13 the ordinance approving the redevelopment project area was
14 adopted if the ordinance was adopted on or after January 15,
15 1981.
16     (b) The estimated dates of completion of the redevelopment
17 project and retirement of obligations issued to finance
18 redevelopment project costs (including refunding bonds under
19 Section 11-74.4-7) may not be later than December 31 of the
20 year in which the payment to the municipal treasurer as
21 provided in subsection (b) of Section 11-74.4-8 of this Act is
22 to be made with respect to ad valorem taxes levied in the 33rd
23 calendar year after the year in which the ordinance approving
24 the redevelopment project area was adopted, if the ordinance
25 was adopted on May 20, 1985 by the Village of Wheeling.

 

 

09600HB1345sam002 - 12 - LRB096 08462 RLJ 27029 a

1     (c) The estimated dates of completion of the redevelopment
2 project and retirement of obligations issued to finance
3 redevelopment project costs (including refunding bonds under
4 Section 11-74.4-7) may not be later than December 31 of the
5 year in which the payment to the municipal treasurer as
6 provided in subsection (b) of Section 11-74.4-8 of this Act is
7 to be made with respect to ad valorem taxes levied in the 35th
8 calendar year after the year in which the ordinance approving
9 the redevelopment project area was adopted:
10         (1) if the ordinance was adopted before January 15,
11     1981;
12         (2) if the ordinance was adopted in December 1983,
13     April 1984, July 1985, or December 1989;
14         (3) if the ordinance was adopted in December 1987 and
15     the redevelopment project is located within one mile of
16     Midway Airport;
17         (4) if the ordinance was adopted before January 1, 1987
18     by a municipality in Mason County;
19         (5) if the municipality is subject to the Local
20     Government Financial Planning and Supervision Act or the
21     Financially Distressed City Law;
22         (6) if the ordinance was adopted in December 1984 by
23     the Village of Rosemont;
24         (7) if the ordinance was adopted on December 31, 1986
25     by a municipality located in Clinton County for which at
26     least $250,000 of tax increment bonds were authorized on

 

 

09600HB1345sam002 - 13 - LRB096 08462 RLJ 27029 a

1     June 17, 1997, or if the ordinance was adopted on December
2     31, 1986 by a municipality with a population in 1990 of
3     less than 3,600 that is located in a county with a
4     population in 1990 of less than 34,000 and for which at
5     least $250,000 of tax increment bonds were authorized on
6     June 17, 1997;
7         (8) if the ordinance was adopted on October 5, 1982 by
8     the City of Kankakee, or if the ordinance was adopted on
9     December 29, 1986 by East St. Louis;
10         (9) if the ordinance was adopted on November 12, 1991
11     by the Village of Sauget;
12         (10) if the ordinance was adopted on February 11, 1985
13     by the City of Rock Island;
14         (11) if the ordinance was adopted before December 18,
15     1986 by the City of Moline;
16         (12) if the ordinance was adopted in September 1988 by
17     Sauk Village;
18         (13) if the ordinance was adopted in October 1993 by
19     Sauk Village;
20         (14) if the ordinance was adopted on December 29, 1986
21     by the City of Galva;
22         (15) if the ordinance was adopted in March 1991 by the
23     City of Centreville;
24         (16) if the ordinance was adopted on January 23, 1991
25     by the City of East St. Louis;
26         (17) if the ordinance was adopted on December 22, 1986

 

 

09600HB1345sam002 - 14 - LRB096 08462 RLJ 27029 a

1     by the City of Aledo;
2         (18) if the ordinance was adopted on February 5, 1990
3     by the City of Clinton;
4         (19) if the ordinance was adopted on September 6, 1994
5     by the City of Freeport;
6         (20) if the ordinance was adopted on December 22, 1986
7     by the City of Tuscola;
8         (21) if the ordinance was adopted on December 23, 1986
9     by the City of Sparta;
10         (22) if the ordinance was adopted on December 23, 1986
11     by the City of Beardstown;
12         (23) if the ordinance was adopted on April 27, 1981,
13     October 21, 1985, or December 30, 1986 by the City of
14     Belleville;
15         (24) if the ordinance was adopted on December 29, 1986
16     by the City of Collinsville;
17         (25) if the ordinance was adopted on September 14, 1994
18     by the City of Alton;
19         (26) if the ordinance was adopted on November 11, 1996
20     by the City of Lexington;
21         (27) if the ordinance was adopted on November 5, 1984
22     by the City of LeRoy;
23         (28) if the ordinance was adopted on April 3, 1991 or
24     June 3, 1992 by the City of Markham;
25         (29) if the ordinance was adopted on November 11, 1986
26     by the City of Pekin;

 

 

09600HB1345sam002 - 15 - LRB096 08462 RLJ 27029 a

1         (30) if the ordinance was adopted on December 15, 1981
2     by the City of Champaign;
3         (31) if the ordinance was adopted on December 15, 1986
4     by the City of Urbana;
5         (32) if the ordinance was adopted on December 15, 1986
6     by the Village of Heyworth;
7         (33) if the ordinance was adopted on February 24, 1992
8     by the Village of Heyworth;
9         (34) if the ordinance was adopted on March 16, 1995 by
10     the Village of Heyworth;
11         (35) if the ordinance was adopted on December 23, 1986
12     by the Town of Cicero;
13         (36) if the ordinance was adopted on December 30, 1986
14     by the City of Effingham;
15         (37) if the ordinance was adopted on May 9, 1991 by the
16     Village of Tilton;
17         (38) if the ordinance was adopted on October 20, 1986
18     by the City of Elmhurst;
19         (39) if the ordinance was adopted on January 19, 1988
20     by the City of Waukegan;
21         (40) if the ordinance was adopted on September 21, 1998
22     by the City of Waukegan;
23         (41) if the ordinance was adopted on December 31, 1986
24     by the City of Sullivan;
25         (42) if the ordinance was adopted on December 23, 1991
26     by the City of Sullivan;

 

 

09600HB1345sam002 - 16 - LRB096 08462 RLJ 27029 a

1         (43) if the ordinance was adopted on December 31, 1986
2     by the City of Oglesby;
3         (44) if the ordinance was adopted on July 28, 1987 by
4     the City of Marion;
5         (45) if the ordinance was adopted on April 23, 1990 by
6     the City of Marion;
7         (46) if the ordinance was adopted on August 20, 1985 by
8     the Village of Mount Prospect;
9         (47) if the ordinance was adopted on February 2, 1998
10     by the Village of Woodhull;
11         (48) if the ordinance was adopted on April 20, 1993 by
12     the Village of Princeville;
13         (49) if the ordinance was adopted on July 1, 1986 by
14     the City of Granite City;
15         (50) if the ordinance was adopted on February 2, 1989
16     by the Village of Lombard;
17         (51) if the ordinance was adopted on December 29, 1986
18     by the Village of Gardner;
19         (52) if the ordinance was adopted on July 14, 1999 by
20     the Village of Paw Paw;
21         (53) if the ordinance was adopted on November 17, 1986
22     by the Village of Franklin Park;
23         (54) if the ordinance was adopted on November 20, 1989
24     by the Village of South Holland;
25         (55) if the ordinance was adopted on July 14, 1992 by
26     the Village of Riverdale;

 

 

09600HB1345sam002 - 17 - LRB096 08462 RLJ 27029 a

1         (56) if the ordinance was adopted on December 29, 1986
2     by the City of Galesburg;
3         (57) if the ordinance was adopted on April 1, 1985 by
4     the City of Galesburg;
5         (58) if the ordinance was adopted on May 21, 1990 by
6     the City of West Chicago;
7         (59) if the ordinance was adopted on December 16, 1986
8     by the City of Oak Forest;
9         (60) if the ordinance was adopted in 1999 by the City
10     of Villa Grove;
11         (61) if the ordinance was adopted on January 13, 1987
12     by the Village of Mt. Zion;
13         (62) if the ordinance was adopted on December 30, 1986
14     by the Village of Manteno;
15         (63) if the ordinance was adopted on April 3, 1989 by
16     the City of Chicago Heights;
17         (64) if the ordinance was adopted on January 6, 1999 by
18     the Village of Rosemont;
19         (65) if the ordinance was adopted on December 19, 2000
20     by the Village of Stone Park;
21         (66) if the ordinance was adopted on December 22, 1986
22     by the City of DeKalb; or
23         (67) if the ordinance was adopted on December 2, 1986
24     by the City of Aurora; .
25         (68) (67) if the ordinance was adopted on December 31,
26     1986 by the Village of Milan; or

 

 

09600HB1345sam002 - 18 - LRB096 08462 RLJ 27029 a

1         (69) (68) if the ordinance was adopted on September 8,
2     1994 by the City of West Frankfort; .
3         (70) if the ordinance was adopted on December 23, 1986
4     by the Village of Libertyville;
5         (71) if the ordinance was adopted on December 22, 1986
6     by the Village of Hoffman Estates;
7         (72) if the ordinance was adopted on November 6, 2002
8     by the City of Chicago to create the Madden/Wells TIF
9     District;
10         (73) if the ordinance was adopted on November 4, 1998
11     by the City of Chicago to create the Roosevelt/Racine TIF
12     District;
13         (74) if the ordinance was adopted on June 10, 1998 by
14     the City of Chicago to create the Stony Island
15     Commercial/Burnside Industrial Corridors TIF District; or
16         (75) if the ordinance was adopted on November 29, 1989
17     by the City of Chicago to create the Englewood Mall TIF
18     District.
19     (d) For redevelopment project areas for which bonds were
20 issued before July 29, 1991, or for which contracts were
21 entered into before June 1, 1988, in connection with a
22 redevelopment project in the area within the State Sales Tax
23 Boundary, the estimated dates of completion of the
24 redevelopment project and retirement of obligations to finance
25 redevelopment project costs (including refunding bonds under
26 Section 11-74.4-7) may be extended by municipal ordinance to

 

 

09600HB1345sam002 - 19 - LRB096 08462 RLJ 27029 a

1 December 31, 2013. The termination procedures of subsection (b)
2 of Section 11-74.4-8 are not required for these redevelopment
3 project areas in 2009 but are required in 2013. The extension
4 allowed by Public Act 87-1272 shall not apply to real property
5 tax increment allocation financing under Section 11-74.4-8.
6     (e) Those dates, for purposes of real property tax
7 increment allocation financing pursuant to Section 11-74.4-8
8 only, shall be not more than 35 years for redevelopment project
9 areas that were adopted on or after December 16, 1986 and for
10 which at least $8 million worth of municipal bonds were
11 authorized on or after December 19, 1989 but before January 1,
12 1990; provided that the municipality elects to extend the life
13 of the redevelopment project area to 35 years by the adoption
14 of an ordinance after at least 14 but not more than 30 days'
15 written notice to the taxing bodies, that would otherwise
16 constitute the joint review board for the redevelopment project
17 area, before the adoption of the ordinance.
18     (f) Those dates, for purposes of real property tax
19 increment allocation financing pursuant to Section 11-74.4-8
20 only, shall be not more than 35 years for redevelopment project
21 areas that were established on or after December 1, 1981 but
22 before January 1, 1982 and for which at least $1,500,000 worth
23 of tax increment revenue bonds were authorized on or after
24 September 30, 1990 but before July 1, 1991; provided that the
25 municipality elects to extend the life of the redevelopment
26 project area to 35 years by the adoption of an ordinance after

 

 

09600HB1345sam002 - 20 - LRB096 08462 RLJ 27029 a

1 at least 14 but not more than 30 days' written notice to the
2 taxing bodies, that would otherwise constitute the joint review
3 board for the redevelopment project area, before the adoption
4 of the ordinance.
5     (g) In consolidating the material relating to completion
6 dates from Sections 11-74.4-3 and 11-74.4-7 into this Section,
7 it is not the intent of the 95th General Assembly to make any
8 substantive change in the law, except for the extension of the
9 completion dates date for the City of Aurora, the Village of
10 Milan, and the City of West Frankfort, the Village of
11 Libertyville, and the Village of Hoffman Estates set forth
12 under items item (67), and (68), (69), (70), and (71) of
13 subsection (c) of this Section.
14 (Source: P.A. 95-932, eff. 8-26-08; 95-964, eff. 9-23-08;
15 incorporates P.A. 95-777, eff. 9-22-08, and 95-1028, eff.
16 1-1-10; revised 1-27-09.)
 
17     (65 ILCS 5/11-74.4-8d new)
18     Sec. 11-74.4-8d. Website postings; municipalities of
19 1,000,000 or more.
20     (a) In any municipality with a population of 1,000,000 or
21 more, the following shall be posted on a website maintained by
22 the municipality:
23         (1) Any ordinance designating a redevelopment project
24     area or approving a redevelopment plan, redevelopment
25     project, or redevelopment agreement pursuant to this

 

 

09600HB1345sam002 - 21 - LRB096 08462 RLJ 27029 a

1     Division 74.4, including all attachments, and any
2     amendments thereto.
3         (2) Written staff reports presented to a board created
4     in subsection (k) of Section 11-74.4-4.
5         (3) The information required to be submitted pursuant
6     to subsection (d) of Section 11-74.4-5 and any other
7     overviews prepared by the municipality relating to
8     redevelopment or financing pursuant to this Division 74.4.
9         (4) Any certificates of completion issued by the
10     municipality or annual employment certifications received
11     by the municipality pursuant to a redevelopment agreement.
12     (b) Except as provided in subsection (c), all ordinances
13 described in paragraph (1) of subsection (a) of this Section
14 shall be made available on the website within 7 business days
15 after the ordinance is passed and published by the
16 municipality. Except as provided in subsection (c), all
17 documents described in paragraphs (2), (3), and (4) of
18 subsection (a) of this Section shall be made available on the
19 website within 14 business days after the document has been
20 completed in final form.
21     (c) The requirements of this Section apply with respect to
22 any redevelopment project area designated or amended on or
23 after July 30, 2004. The ordinances and documents that passed
24 or were completed prior to the effective date of this
25 amendatory Act of the 96th General Assembly shall be made
26 available on the website no later than 30 days after that

 

 

09600HB1345sam002 - 22 - LRB096 08462 RLJ 27029 a

1 effective date.
 
2     Section 95. No acceleration or delay. Where this Act makes
3 changes in a statute that is represented in this Act by text
4 that is not yet or no longer in effect (for example, a Section
5 represented by multiple versions), the use of that text does
6 not accelerate or delay the taking effect of (i) the changes
7 made by this Act or (ii) provisions derived from any other
8 Public Act.
 
9     Section 99. Effective date. This Act takes effect upon
10 becoming law.".