Full Text of SB0368 99th General Assembly
SB0368enr 99TH GENERAL ASSEMBLY |
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| 1 | | AN ACT concerning local government.
| 2 | | Be it enacted by the People of the State of Illinois, | 3 | | represented in the General Assembly:
| 4 | | Section 5. The Illinois Municipal Code is amended by | 5 | | changing Sections 11-74.4-3.5 and 11-74.6-15 as follows:
| 6 | | (65 ILCS 5/11-74.4-3.5)
| 7 | | Sec. 11-74.4-3.5. Completion dates for redevelopment | 8 | | projects. | 9 | | (a) Unless otherwise stated in this Section, the estimated | 10 | | dates of completion
of the redevelopment project and retirement | 11 | | of obligations issued to finance
redevelopment project costs | 12 | | (including refunding bonds under Section 11-74.4-7) may not be
| 13 | | later than December 31 of the year in which the payment to the | 14 | | municipal
treasurer, as provided in subsection (b) of Section | 15 | | 11-74.4-8 of this Act, is to
be made with respect to ad valorem | 16 | | taxes levied in the 23rd
calendar year after the year in which | 17 | | the ordinance approving the
redevelopment project area was | 18 | | adopted if the ordinance was adopted on or after
January 15, | 19 | | 1981. | 20 | | (b) The estimated dates of completion of the redevelopment | 21 | | project and retirement of obligations issued to finance | 22 | | redevelopment project costs (including refunding bonds under | 23 | | Section 11-74.4-7) may not be later than December 31 of the |
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| 1 | | year in which the payment to the municipal treasurer as | 2 | | provided in subsection (b) of Section 11-74.4-8 of this Act is | 3 | | to be made with respect to ad valorem taxes levied in the 32nd | 4 | | calendar year after the year in which the ordinance approving | 5 | | the redevelopment project area was adopted if the ordinance was | 6 | | adopted on September 9, 1999 by the Village of Downs. | 7 | | The estimated dates of completion
of the redevelopment | 8 | | project and retirement of obligations issued to finance
| 9 | | redevelopment project costs (including refunding bonds under | 10 | | Section 11-74.4-7) may not be later than December 31 of the | 11 | | year in which the payment to the municipal
treasurer as | 12 | | provided in subsection (b) of Section 11-74.4-8 of this Act is | 13 | | to
be made with respect to ad valorem taxes levied in the 33rd | 14 | | calendar
year after the year in which the ordinance approving | 15 | | the
redevelopment project area was adopted if the ordinance was | 16 | | adopted on May 20, 1985 by the Village of Wheeling. | 17 | | The estimated dates of completion of the redevelopment | 18 | | project and retirement of obligations issued to finance | 19 | | redevelopment project costs (including refunding bonds under | 20 | | Section 11-74.4-7) may not be later than December 31 of the | 21 | | year in which the payment to the municipal treasurer as | 22 | | provided in subsection (b) of Section 11-74.4-8 of this Act is | 23 | | to be made with respect to ad valorem taxes levied in the 28th | 24 | | calendar year after the year in which the ordinance approving | 25 | | the redevelopment project area was adopted if the ordinance was | 26 | | adopted on October 12, 1989 by the City of Lawrenceville. |
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| 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 if the ordinance was adopted before January 15, | 11 | | 1981 . ; | 12 | | (2) If if the ordinance was adopted in December 1983, | 13 | | April 1984, July 1985,
or December 1989 . ; | 14 | | (3) If if the ordinance was adopted in December 1987 | 15 | | and the redevelopment
project is located within one mile of | 16 | | Midway Airport . ; | 17 | | (4) If if the ordinance was adopted before January 1, | 18 | | 1987 by a municipality in
Mason County . ; | 19 | | (5) If 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 if the ordinance was adopted in December 1984 by | 23 | | the Village of Rosemont . ; | 24 | | (7) If if the ordinance was adopted on December 31, | 25 | | 1986 by a municipality
located in Clinton County for which | 26 | | at least $250,000 of tax increment
bonds were authorized on |
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| 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 if the ordinance was adopted on October 5, 1982 | 8 | | by the City of Kankakee, or if the ordinance was adopted on | 9 | | December 29, 1986 by East St. Louis . ; | 10 | | (9) If if
the ordinance was adopted on November 12, | 11 | | 1991 by the Village of Sauget . ; | 12 | | (10) If if the ordinance was
adopted on February 11, | 13 | | 1985 by the City of Rock Island . ; | 14 | | (11) If if the ordinance was adopted before December | 15 | | 18, 1986 by the City of
Moline . ; | 16 | | (12) If if the ordinance was adopted in September 1988 | 17 | | by Sauk Village . ; | 18 | | (13) If if the ordinance was adopted in October 1993 by | 19 | | Sauk Village . ; | 20 | | (14) If if the ordinance was adopted on December 29, | 21 | | 1986 by the City of Galva . ; | 22 | | (15) If if the ordinance was adopted in March 1991 by | 23 | | the City of Centreville . ; | 24 | | (16) If if the ordinance was adopted on January 23, | 25 | | 1991
by the City of East St. Louis . ; | 26 | | (17) If if the ordinance was adopted on December 22, |
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| 1 | | 1986 by the City of Aledo . ; | 2 | | (18) If if the ordinance was adopted on February 5, | 3 | | 1990 by the City of Clinton . ; | 4 | | (19) If if the ordinance was adopted on September 6, | 5 | | 1994 by the City of Freeport . ; | 6 | | (20) If if the ordinance was adopted on December 22, | 7 | | 1986 by the City of Tuscola . ; | 8 | | (21) If if the ordinance was adopted on December 23, | 9 | | 1986 by the City of Sparta . ; | 10 | | (22) If if the ordinance was adopted on December 23, | 11 | | 1986 by the City of
Beardstown . ; | 12 | | (23) If 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 if the ordinance was adopted on December 29, | 16 | | 1986 by the City of
Collinsville . ; | 17 | | (25) If if the ordinance was adopted on September 14, | 18 | | 1994 by the
City of Alton . ; | 19 | | (26) If if the ordinance was adopted on November 11, | 20 | | 1996 by the
City of Lexington . ; | 21 | | (27) If if the ordinance was adopted on November 5, | 22 | | 1984 by
the City of LeRoy . ; | 23 | | (28) If if the ordinance was adopted on April 3, 1991 | 24 | | or
June 3, 1992 by the City of Markham . ; | 25 | | (29) If if the ordinance was adopted on November 11, | 26 | | 1986 by the City of Pekin . ; |
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| 1 | | (30) If if the ordinance was adopted on December 15, | 2 | | 1981 by the City of Champaign . ; | 3 | | (31) If if the ordinance was adopted on December 15, | 4 | | 1986 by the City of Urbana . ; | 5 | | (32) If if the ordinance was adopted on December 15, | 6 | | 1986 by the Village of Heyworth . ; | 7 | | (33) If if the ordinance was adopted on February 24, | 8 | | 1992 by the Village of Heyworth . ; | 9 | | (34) If if the ordinance was adopted on March 16, 1995 | 10 | | by the Village of Heyworth . ; | 11 | | (35) If if the ordinance was adopted on December 23, | 12 | | 1986 by the Town of Cicero . ; | 13 | | (36) If if the ordinance was adopted on December 30, | 14 | | 1986 by the City of Effingham . ; | 15 | | (37) If if the ordinance was adopted on May 9, 1991 by | 16 | | the Village of
Tilton . ; | 17 | | (38) If if the ordinance was adopted on October 20, | 18 | | 1986 by the City of Elmhurst . ; | 19 | | (39) If if the ordinance was adopted on January 19, | 20 | | 1988 by the City of
Waukegan . ; | 21 | | (40) If if the ordinance was adopted on September 21, | 22 | | 1998 by the City of
Waukegan . ; | 23 | | (41) If if the ordinance was adopted on December 31, | 24 | | 1986 by the City of Sullivan . ; | 25 | | (42) If if the ordinance was adopted on December 23, | 26 | | 1991 by the City of Sullivan . ; |
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| 1 | | (43) If if the ordinance was adopted on December 31, | 2 | | 1986 by the City of Oglesby . ; | 3 | | (44) If if the ordinance was adopted on July 28, 1987 | 4 | | by the City of Marion . ; | 5 | | (45) If if the ordinance was adopted on April 23, 1990 | 6 | | by the City of Marion . ; | 7 | | (46) If if the ordinance was adopted on August 20, 1985 | 8 | | by the Village of Mount Prospect . ; | 9 | | (47) If if the ordinance was adopted on February 2, | 10 | | 1998 by the Village of Woodhull . ; | 11 | | (48) If if the ordinance was adopted on April 20, 1993 | 12 | | by the Village of Princeville . ; | 13 | | (49) If if the ordinance was adopted on July 1, 1986 by | 14 | | the City of Granite City . ; | 15 | | (50) If if the ordinance was adopted on February 2, | 16 | | 1989 by the Village of Lombard . ; | 17 | | (51) If if the ordinance was adopted on December 29, | 18 | | 1986 by the Village of Gardner . ; | 19 | | (52) If if the ordinance was adopted on July 14, 1999 | 20 | | by the Village of Paw Paw . ; | 21 | | (53) If if the ordinance was adopted on November 17, | 22 | | 1986 by the Village of Franklin Park . ; | 23 | | (54) If if the ordinance was adopted on November 20, | 24 | | 1989 by the Village of South Holland . ; | 25 | | (55) If if the ordinance was adopted on July 14, 1992 | 26 | | by the Village of Riverdale . ; |
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| 1 | | (56) If if the ordinance was adopted on December 29, | 2 | | 1986 by the City of Galesburg . ; | 3 | | (57) If if the ordinance was adopted on April 1, 1985 | 4 | | by the City of Galesburg . ; | 5 | | (58) If if the ordinance was adopted on May 21, 1990 by | 6 | | the City of West Chicago . ; | 7 | | (59) If if the ordinance was adopted on December 16, | 8 | | 1986 by the City of Oak Forest . ; | 9 | | (60) If if the ordinance was adopted in 1999 by the | 10 | | City of Villa Grove . ; | 11 | | (61) If if the ordinance was adopted on January 13, | 12 | | 1987 by the Village of Mt. Zion . ; | 13 | | (62) If if the ordinance was adopted on December 30, | 14 | | 1986 by the Village of Manteno . ; | 15 | | (63) If if the ordinance was adopted on April 3, 1989 | 16 | | by the City of Chicago Heights . ; | 17 | | (64) If if the ordinance was adopted on January 6, 1999 | 18 | | by the Village of Rosemont . ; | 19 | | (65) If if the ordinance was adopted on December 19, | 20 | | 2000 by the Village of Stone Park . ; | 21 | | (66) If if the ordinance was adopted on December 22, | 22 | | 1986 by the City of DeKalb . ; | 23 | | (67) If if the ordinance was adopted on December 2, | 24 | | 1986 by the City of Aurora . ;
| 25 | | (68) If
if the ordinance was adopted on December 31, | 26 | | 1986 by the Village of Milan . ; |
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| 1 | | (69) If
if the ordinance was adopted on September 8, | 2 | | 1994 by the City of West Frankfort . ; | 3 | | (70) If if the ordinance was adopted on December 23, | 4 | | 1986 by the Village of Libertyville . ; | 5 | | (71) If if the ordinance was adopted on December 22, | 6 | | 1986 by the Village of Hoffman Estates . ;
| 7 | | (72) If if the ordinance was adopted on September 17, | 8 | | 1986 by the Village of Sherman . ;
| 9 | | (73) If if the ordinance was adopted on December 16, | 10 | | 1986 by the City of Macomb . ; | 11 | | (74) If if the ordinance was adopted on June 11, 2002 | 12 | | by the City of East Peoria to create the West Washington | 13 | | Street TIF . ; | 14 | | (75) If if the ordinance was adopted on June 11, 2002 | 15 | | by the City of East Peoria to create the Camp Street TIF . ;
| 16 | | (76) If if the ordinance was adopted on August 7, 2000 | 17 | | by the City of Des Plaines . ; | 18 | | (77) If if the ordinance was adopted on December 22, | 19 | | 1986 by the City of Washington to create the Washington | 20 | | Square TIF #2 . ; | 21 | | (78) If if the ordinance was adopted on December 29, | 22 | | 1986 by the City of Morris . ;
| 23 | | (79) If if the ordinance was adopted on July 6, 1998 by | 24 | | the Village of Steeleville . ; | 25 | | (80) If if the ordinance was adopted on December 29, | 26 | | 1986 by the City of Pontiac to create TIF I (the Main St |
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| 1 | | TIF) . ; | 2 | | (81) If if the ordinance was adopted on December 29, | 3 | | 1986 by the City of Pontiac to create TIF II (the | 4 | | Interstate TIF) . ; | 5 | | (82) If if the ordinance was adopted on November 6, | 6 | | 2002 by the City of Chicago to create the Madden/Wells TIF | 7 | | District . ; | 8 | | (83) If if the ordinance was adopted on November 4, | 9 | | 1998 by the City of Chicago to create the Roosevelt/Racine | 10 | | TIF District . ; | 11 | | (84) If if the ordinance was adopted on June 10, 1998 | 12 | | by the City of Chicago to create the Stony Island | 13 | | Commercial/Burnside Industrial Corridors TIF District . ; | 14 | | (85) If if the ordinance was adopted on November 29, | 15 | | 1989 by the City of Chicago to create the Englewood Mall | 16 | | TIF District . ; | 17 | | (86) If if the ordinance was adopted on December 27, | 18 | | 1986 by the City of Mendota . ; | 19 | | (87) If if the ordinance was adopted on December 31, | 20 | | 1986 by the Village of Cahokia . ; | 21 | | (88) If if the ordinance was adopted on September 20, | 22 | | 1999 by the City of Belleville . ; | 23 | | (89) If if the ordinance was adopted on December 30, | 24 | | 1986 by the Village of Bellevue to create the Bellevue TIF | 25 | | District 1 . ; | 26 | | (90) If if the ordinance was adopted on December 13, |
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| 1 | | 1993 by the Village of Crete . ; | 2 | | (91) If if the ordinance was adopted on February 12, | 3 | | 2001 by the Village of Crete . ; | 4 | | (92) If if the ordinance was adopted on April 23, 2001 | 5 | | by the Village of Crete . ; | 6 | | (93) If if the ordinance was adopted on December 16, | 7 | | 1986 by the City of Champaign . ; | 8 | | (94) If if the ordinance was adopted on December 20, | 9 | | 1986 by the City of Charleston . ; | 10 | | (95) If if the ordinance was adopted on June 6, 1989 by | 11 | | the Village of Romeoville . ; | 12 | | (96) If if the ordinance was adopted on October 14, | 13 | | 1993 and amended on August 2, 2010 by the City of Venice . ; | 14 | | (97) If if the ordinance was adopted on June 1, 1994 by | 15 | | the City of Markham . ; | 16 | | (98) If if the ordinance was adopted on May 19, 1998 by | 17 | | the Village of Bensenville . ; | 18 | | (99) If if the ordinance was adopted on November 12, | 19 | | 1987 by the City of Dixon . ; | 20 | | (100) If if the ordinance was adopted on December 20, | 21 | | 1988 by the Village of Lansing . ; | 22 | | (101) If if the ordinance was adopted on October 27, | 23 | | 1998 by the City of Moline . ; | 24 | | (102) If if the ordinance was adopted on May 21, 1991 | 25 | | by the Village of Glenwood . ; | 26 | | (103) If if the ordinance was adopted on January 28, |
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| 1 | | 1992 by the City of East Peoria . ; | 2 | | (104) If if the ordinance was adopted on December 14, | 3 | | 1998 by the City of Carlyle . ; | 4 | | (105) If if the ordinance was adopted on May 17, 2000, | 5 | | as subsequently amended, by the City of Chicago to create | 6 | | the Midwest Redevelopment TIF District . ; | 7 | | (106) If if the ordinance was adopted on September 13, | 8 | | 1989 by the City of Chicago to create the Michigan/Cermak | 9 | | Area TIF District . ; | 10 | | (107) If if the ordinance was adopted on March 30, 1992 | 11 | | by the Village of Ohio . ; | 12 | | (108) If if the ordinance was adopted on July 6, 1998 | 13 | | by the Village of Orangeville . ; | 14 | | (109) If if the ordinance was adopted on December 16, | 15 | | 1997 by the Village of Germantown . ; | 16 | | (110) If if the ordinance was adopted on April 28, 2003 | 17 | | by Gibson City . ; | 18 | | (111) If if the ordinance was adopted on December 18, | 19 | | 1990 by the Village of Washington Park, but only after the | 20 | | Village of Washington Park becomes compliant with the | 21 | | reporting requirements under subsection (d) of Section | 22 | | 11-74.4-5, and after the State Comptroller's certification | 23 | | of such compliance . ; | 24 | | (112) If if the ordinance was adopted on February 28, | 25 | | 2000 by the City of Harvey . ; or | 26 | | (113) If if the ordinance was adopted on January 11, |
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| 1 | | 1991 by the City of Chicago to create the Read/Dunning TIF | 2 | | District . ; | 3 | | (114) If if the ordinance was adopted on July 24, 1991 | 4 | | by the City of Chicago to create the Sanitary and Ship | 5 | | Canal TIF District . ; | 6 | | (115) If if the ordinance was adopted on December 4, | 7 | | 2007 by the City of Naperville . ; | 8 | | (116) If if the ordinance was adopted on July 1, 2002 | 9 | | by the Village of Arlington Heights . ; | 10 | | (117) If if the ordinance was adopted on February 11, | 11 | | 1991 by the Village of Machesney Park . ; | 12 | | (118) If if the ordinance was adopted on December 29, | 13 | | 1993 by the City of Ottawa . ; or | 14 | | (119) If if the ordinance was adopted on June 4, 1991 | 15 | | by the Village of Lansing. | 16 | | (120) If (119) if the ordinance was adopted on February | 17 | | 10, 2004 by the Village of Fox Lake . ; | 18 | | (121) If (120) if the ordinance was adopted on December | 19 | | 22, 1992 by the City of Fairfield . ; or | 20 | | (122) If (121) if the ordinance was adopted on February | 21 | | 10, 1992 by the City of Mt. Sterling. | 22 | | (123) If (113) if the ordinance was adopted on March | 23 | | 15, 2004 by the City of Batavia. | 24 | | (124) If (119) if the ordinance was adopted on March | 25 | | 18, 2002 by the Village of Lake Zurich. | 26 | | (125) If the ordinance was adopted on May 8, 2013 by |
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| 1 | | the Village of Rosemont to create the Higgins Road/River | 2 | | Road TIF District No. 6. | 3 | | (d) For redevelopment project areas for which bonds were | 4 | | issued before
July 29, 1991, or for which contracts were | 5 | | entered into before June 1,
1988, in connection with a | 6 | | redevelopment project in the area within
the State Sales Tax | 7 | | Boundary, the estimated dates of completion of the
| 8 | | redevelopment project and retirement of obligations to finance | 9 | | redevelopment
project costs (including refunding bonds under | 10 | | Section 11-74.4-7) may be extended by municipal ordinance to | 11 | | December 31, 2013.
The termination procedures of subsection (b) | 12 | | of Section 11-74.4-8 are not
required for
these redevelopment | 13 | | project areas in 2009 but are required in 2013.
The extension | 14 | | allowed by Public Act 87-1272 shall not apply to real
property | 15 | | tax increment allocation financing under Section 11-74.4-8. | 16 | | (e) Those dates, for purposes of real property tax | 17 | | increment allocation
financing pursuant to Section 11-74.4-8 | 18 | | only, shall be not more than 35 years
for redevelopment project | 19 | | areas that were adopted on or after December 16,
1986 and for | 20 | | which at least $8 million worth of municipal bonds were | 21 | | authorized
on or after December 19, 1989 but before January 1, | 22 | | 1990; provided that the
municipality elects to extend the life | 23 | | of the redevelopment project area to 35
years by the adoption | 24 | | of an ordinance after at least 14 but not more than 30
days' | 25 | | written notice to the taxing bodies, that would otherwise | 26 | | constitute the
joint review board for the redevelopment project |
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| 1 | | area, before the adoption of
the ordinance. | 2 | | (f) Those dates, for purposes of real property tax | 3 | | increment allocation
financing pursuant to Section 11-74.4-8 | 4 | | only, shall be not more than 35 years
for redevelopment project | 5 | | areas that were established on or after December 1,
1981 but | 6 | | before January 1, 1982 and for which at least $1,500,000 worth | 7 | | of
tax increment revenue bonds were authorized
on or after | 8 | | September 30, 1990 but before July 1, 1991; provided that the
| 9 | | municipality elects to extend the life of the redevelopment | 10 | | project area to 35
years by the adoption of an ordinance after | 11 | | at least 14 but not more than 30
days' written notice to the | 12 | | taxing bodies, that would otherwise constitute the
joint review | 13 | | board for the redevelopment project area, before the adoption | 14 | | of
the ordinance. | 15 | | (g) In consolidating the material relating to completion | 16 | | dates from Sections 11-74.4-3 and 11-74.4-7 into this Section, | 17 | | it is not the intent of the General Assembly to make any | 18 | | substantive change in the law, except for the extension of the | 19 | | completion dates for the City of Aurora, the Village of Milan,
| 20 | | the City of West Frankfort, the Village of Libertyville, and | 21 | | the Village of Hoffman Estates set forth under items (67),
| 22 | | (68), (69), (70), and (71) of subsection (c) of this Section. | 23 | | (Source: P.A. 97-93, eff. 1-1-12; 97-372, eff. 8-15-11; 97-600, | 24 | | eff. 8-26-11; 97-633, eff. 12-16-11; 97-635, eff. 12-16-11; | 25 | | 97-807, eff. 7-13-12; 97-1114, eff. 8-27-12; 98-109, eff. | 26 | | 7-25-13; 98-135, eff. 8-2-13; 98-230, eff. 8-9-13; 98-463, eff. |
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| 1 | | 8-16-13; 98-614, eff. 12-27-13; 98-667, eff. 6-25-14; 98-889, | 2 | | eff. 8-15-14; 98-893, eff. 8-15-14; 98-1064, eff. 8-26-14; | 3 | | 98-1136, eff. 12-29-14; 98-1153, eff. 1-9-15; 98-1157, eff. | 4 | | 1-9-15; 98-1159, eff. 1-9-15; revised 3-19-15.)
| 5 | | (65 ILCS 5/11-74.6-15)
| 6 | | Sec. 11-74.6-15. Municipal Powers and Duties. A | 7 | | municipality may:
| 8 | | (a) By ordinance introduced in the governing body of the | 9 | | municipality
within 14 to 90 days from the final adjournment of | 10 | | the hearing specified in
Section 11-74.6-22, approve | 11 | | redevelopment plans and redevelopment
projects, and designate | 12 | | redevelopment planning areas and redevelopment project
areas | 13 | | pursuant to notice and
hearing required by this Act. No | 14 | | redevelopment planning area or redevelopment
project area | 15 | | shall be
designated unless a plan and project are approved | 16 | | before the designation of
the area and the area shall include | 17 | | only those parcels of real
property and improvements on those | 18 | | parcels substantially benefited by the
proposed redevelopment | 19 | | project improvements.
Upon adoption of the ordinances, the | 20 | | municipality shall forthwith transmit to
the county clerk of | 21 | | the county or counties within which the redevelopment
project | 22 | | area is located a certified copy of the ordinances, a legal | 23 | | description
of the redevelopment project area, a map of the | 24 | | redevelopment project area,
identification of the year that the | 25 | | county clerk shall use for determining the
total initial |
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| 1 | | equalized assessed value of the redevelopment project area
| 2 | | consistent with subsection (a) of Section 11-74.6-40, and a
| 3 | | list of the parcel or tax identification number of each parcel | 4 | | of property
included in the redevelopment project area.
| 5 | | (b) Make and enter into all contracts necessary or | 6 | | incidental to the
implementation and furtherance of its | 7 | | redevelopment plan and project.
| 8 | | (c) Within a redevelopment project area, acquire by | 9 | | purchase,
donation, lease or eminent domain; own, convey, | 10 | | lease, mortgage or
dispose of land and other property, real or | 11 | | personal, or rights or
interests therein, and grant or acquire | 12 | | licenses, easements and options
with respect to that property, | 13 | | all in the manner and at a price that the
municipality | 14 | | determines is reasonably necessary to achieve the objectives
of | 15 | | the redevelopment plan and project. No conveyance, lease, | 16 | | mortgage,
disposition of land or other property owned by a | 17 | | municipality, or agreement
relating to the
development of the | 18 | | municipal property shall be made or executed except
pursuant to | 19 | | prior official action of the corporate authorities of the
| 20 | | municipality. No conveyance,
lease, mortgage, or other | 21 | | disposition of land owned by a municipality, and
no agreement | 22 | | relating to the
development of the municipal property, shall be | 23 | | made without making public
disclosure of
the terms and the | 24 | | disposition of all bids and proposals submitted to the
| 25 | | municipality in connection therewith. The procedures for | 26 | | obtaining the bids
and proposals
shall provide reasonable |
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| 1 | | opportunity for any person to submit alternative
proposals
or | 2 | | bids.
| 3 | | (d) Within a redevelopment project area, clear any area by
| 4 | | demolition or removal of any existing buildings, structures, | 5 | | fixtures,
utilities or improvements, and to clear and grade | 6 | | land.
| 7 | | (e) Within a redevelopment project area, renovate or | 8 | | rehabilitate or
construct any structure or building, as | 9 | | permitted under this Law.
| 10 | | (f) Within or without a redevelopment project area, | 11 | | install, repair,
construct, reconstruct or relocate streets,
| 12 | | utilities and site improvements essential to the preparation of | 13 | | the
redevelopment area for use in accordance with a | 14 | | redevelopment plan.
| 15 | | (g) Within a redevelopment project area, fix, charge and | 16 | | collect fees,
rents and charges for the use of all or any part | 17 | | of any building or
property owned or leased by it.
| 18 | | (h) Issue obligations as provided in this Act.
| 19 | | (i) Accept grants, guarantees and donations of property, | 20 | | labor, or other
things of value from a public or private source | 21 | | for use within a project
redevelopment area.
| 22 | | (j) Acquire and construct public facilities within a | 23 | | redevelopment
project area, as permitted under this Law.
| 24 | | (k) Incur, pay or cause to be paid redevelopment project | 25 | | costs; provided,
however,
that on and
after the effective date | 26 | | of this amendatory
Act of the 91st General Assembly, no |
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| 1 | | municipality shall incur redevelopment
project costs (except
| 2 | | for planning and other eligible costs authorized by municipal | 3 | | ordinance or
resolution that are subsequently included in the | 4 | | redevelopment plan for the
area and are incurred after the | 5 | | ordinance or resolution is adopted) that are
not consistent | 6 | | with the program for
accomplishing the objectives of the
| 7 | | redevelopment plan as included in that plan and approved by the
| 8 | | municipality until the municipality has amended
the | 9 | | redevelopment plan as provided elsewhere in this Law.
Any | 10 | | payments to be made by the municipality to redevelopers or | 11 | | other
nongovernmental persons for redevelopment project costs | 12 | | incurred by
such redeveloper or other nongovernmental person | 13 | | shall be made only pursuant
to the prior official action of the | 14 | | municipality evidencing an intent to
pay or cause to be paid | 15 | | such redevelopment project costs. A
municipality is not | 16 | | required to obtain any right, title or interest in any
real or | 17 | | personal property in order to pay redevelopment project
costs | 18 | | associated with such property. The municipality shall adopt | 19 | | such
accounting procedures as may be necessary to determine | 20 | | that such redevelopment
project costs are properly paid.
| 21 | | (l) Create a commission of not less than 5 or more than 15 | 22 | | persons to
be appointed by the mayor or president of the | 23 | | municipality with the consent
of the majority of the governing | 24 | | board of the municipality. Members of a
commission appointed | 25 | | after the effective date of this Law
shall be appointed for | 26 | | initial terms of 1, 2, 3, 4 and 5 years,
respectively, in |
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| 1 | | numbers so that the terms of not more than
1/3 of all members | 2 | | expire in any one year. Their successors
shall be appointed for | 3 | | a term of 5 years. The commission, subject to
approval of the | 4 | | corporate authorities of the municipality, may exercise the
| 5 | | powers enumerated in this Section. The commission shall also | 6 | | have the power
to hold the public hearings required by this Act | 7 | | and make recommendations
to the corporate authorities | 8 | | concerning the adoption of redevelopment
plans, redevelopment | 9 | | projects and designation of redevelopment project areas.
| 10 | | (m) Make payment in lieu of all or a portion of real | 11 | | property taxes due
to taxing districts. If payments in lieu of | 12 | | all or a portion of taxes are
made to taxing districts, those | 13 | | payments shall be made to all districts
within a redevelopment | 14 | | project area on a basis that is proportional to the
current | 15 | | collection of revenue which each taxing district receives from | 16 | | real
property in the redevelopment project area.
| 17 | | (n) Exercise any and all other powers necessary to | 18 | | effectuate the
purposes of this Act.
| 19 | | (o) In conjunction with other municipalities, undertake | 20 | | and perform
redevelopment plans and projects and utilize the | 21 | | provisions of the Act
wherever they have contiguous | 22 | | redevelopment project areas or they determine
to adopt tax | 23 | | increment allocation financing with respect to a redevelopment
| 24 | | project area that includes contiguous real property within the | 25 | | boundaries
of the municipalities, and, by agreement between | 26 | | participating
municipalities, to issue obligations, separately |
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| 1 | | or jointly, and expend
revenues received under this Act for | 2 | | eligible expenses anywhere within
contiguous redevelopment | 3 | | project areas or as otherwise permitted in the Act. Two or more | 4 | | municipalities may designate a joint redevelopment project | 5 | | area under this subsection (o) for a single Industrial Park | 6 | | Conservation Area comprising of property within or near the | 7 | | boundaries of each municipality if: (i) both municipalities are | 8 | | located within the same Metropolitan Statistical Area, as | 9 | | defined by the United States Office of Management and Budget, | 10 | | (ii) the 4-year average unemployment rate for that Metropolitan | 11 | | Statistical Area was at least 11.3%, and (iii) at least one | 12 | | participating municipality demonstrates that it has made | 13 | | commitments to acquire capital assets to commence the project | 14 | | and that the acquisition will occur on or before December 31, | 15 | | 2011. The joint redevelopment project area must encompass an | 16 | | interstate highway exchange for access and be located, in part, | 17 | | adjacent to a landfill or other solid waste disposal facility.
| 18 | | (p) Create an Industrial Jobs Recovery Advisory Committee | 19 | | of not more
than 15 members to be appointed by the mayor or | 20 | | president of the
municipality with the consent of the majority | 21 | | of the governing board of the
municipality. The members of that | 22 | | Committee shall be appointed for initial
terms of 1, 2, and 3 | 23 | | years respectively, in numbers so that the terms of
not more | 24 | | than 1/3 of all members expire in any one year. Their | 25 | | successors
shall be appointed for a term of 3 years. The | 26 | | Committee shall have none of
the powers enumerated in this |
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| 1 | | Section. The Committee shall serve in an
advisory capacity | 2 | | only. The Committee may advise the governing board of
the | 3 | | municipality and other municipal officials regarding | 4 | | development issues
and opportunities within the redevelopment | 5 | | project area. The Committee may
also promote and publicize | 6 | | development opportunities in the redevelopment
project area.
| 7 | | (q) If a redevelopment project has not been initiated in a | 8 | | redevelopment
project area within 5 years after the area was | 9 | | designated by ordinance under
subsection (a), the municipality | 10 | | shall adopt an ordinance repealing the area's
designation as a | 11 | | redevelopment project area. Initiation of a redevelopment
| 12 | | project shall be evidenced by either a signed redevelopment | 13 | | agreement or
expenditures on eligible redevelopment project | 14 | | costs associated with a
redevelopment project.
| 15 | | (r) Within a redevelopment planning area, transfer or loan | 16 | | tax increment
revenues from one redevelopment project area to | 17 | | another redevelopment project
area for expenditure on eligible | 18 | | costs in the receiving area.
| 19 | | (s) Use tax increment revenue produced in a redevelopment | 20 | | project area
created under this Law by transferring or loaning | 21 | | such revenues to a
redevelopment project area created under the | 22 | | Tax Increment Allocation
Redevelopment Act that is either | 23 | | contiguous to, or separated only by a public
right of way from, | 24 | | the redevelopment project area that initially produced and
| 25 | | received those revenues.
| 26 | | (t) The estimated dates of completion of the redevelopment |
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| 1 | | project and retirement of obligations issued to finance | 2 | | redevelopment project costs (including refunding bonds under | 3 | | Section 11-74.6-30) may not be later than December 31 of the | 4 | | year in which the payment to the municipal treasurer as | 5 | | provided in subsection (b) of Section 11-74.6-35 of this Act is | 6 | | to be made with respect to ad valorem taxes levied in the 35th | 7 | | calendar year after the year in which the ordinance approving | 8 | | the redevelopment project area was adopted if the ordinance was | 9 | | adopted on September 23, 1997 by the City of Granite City. | 10 | | (Source: P.A. 97-591, eff. 8-26-11.)
| 11 | | Section 99. Effective date. This Act takes effect upon | 12 | | becoming law.
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