HomeMy WebLinkAbout023-R-172/23/2017
23-R-17
A RESOLUTION
Affirming the City of Evanston's Commitment to Reimburse
Evanston/Skokie School District 65 and Evanston Township High
School District 202 of Their Respective Shares of Northwestern
University's Payment in Lieu of Taxes
WHEREAS, Northwestern University is the owner of real property located
at 1840 Oak Avenue, 2522 Orrington Avenue, and 630 Clinton Place (collectively, the
"Properties"); and
WHEREAS, the Properties lie within the following taxing districts: the City
of Evanston ("City"), Evanston/Skokie School District 65 ("District 65"), and Evanston
Township High School District 202 ("District 202") (collectively, the "Taxing Entities");
and
WHEREAS, due to Northwestern University's acquisition of the Properties
as a tax-exempt entity, the Properties are exempt from paying property taxes to the
Taxing Entities; and
WHEREAS, to protect and preserve City revenues stemming from
property taxes, Northwestern University agrees to make annual voluntary payments in
lieu of taxes ("PILOT Payments") to the City on behalf of all taxing entities in the
amount of three hundred fifty thousand dollars ($350,000.00) per year for the
Properties; and
23-R-17
WHEREAS, the City agrees to process and pay District 65 and District
202 their respective shares of PILOT Payments from Northwestern University; and
WHEREAS, the City Council wishes to commit to and memorialize in
writing the reimbursement to District 65 and District 202 in a Memorandum of
Understanding and corresponding Ordinance to be adopted at a subsequent City
Council date;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: The City Manager is hereby authorized to execute a
Memorandum of Understanding between the City, District 65, and District 202 in relation
to the distribution of the annual PILOT Payments from Northwestern Universities for the
real properties located at 1840 Oak Avenue, 2522 Orrington Avenue, and 630 Clinton
Place, Evanston Illinois, as approved by the Corporation Counsel and adopted as a
subsequent Ordinance by the City Council.
SECTION 2: That this Resolution 23-R-17 shall be in full force and effect
from and after its passage and approval in the manner provided by law.
Att
Rodney Gre , City �Clerk
Adopted: LJ , 2017
Eli a eth B. Tisdahl, Mayor
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