HomeMy WebLinkAboutORDINANCES-2014-122-O-14e
10/6/14
122-0-14
AN ORDINANCE
Terminating the Redevelopment Project Area
of the City of Evanston, Illinois, and Related Matters
("Southwest TIF")
WHEREAS, pursuant to Ordinances 47-0-90, 48-0-90, and 49-0-90
adopted June 25, 1990, the City of Evanston, Illinois (the "City") adopted a
redevelopment plan and a related redevelopment project (the "Redevelopment Plan and
Redevelopment Project"), designated a redevelopment project area (the
"Redevelopment Project Area") (as described in Southwest TIF Redevelopment
Project), and adopted tax increment finance for the Redevelopment Project Area.
WHEREAS, City Council has received the certification of the City's
Treasurer and Community Development Director that all redevelopment project costs
for the Redevelopment Project Area have been paid, that all obligations in connection
with the Redevelopment Project Area have been retired, and all excess monies have
been distributed, and notice of the dissolution of the special tax allocation fund and the
termination of the Redevelopment Project Area was given by the City Clerk on or before
November 1, 2014, to all affected taxing districts.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF
THE CITY OF EVANSTON, ILLINOIS, as follows:
SECTION 1: The City dissolves the special tax allocation fund for the
Redevelopment Project Area, and terminates the Redevelopment Project Area as a
"redevelopment project area" under the Act.
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122-0-14
SECTION 2: The City Clerk shall immediately file a certified copy of this
Ordinance 122-0-14 with the County Clerk of Cook County, Illinois.
SECTION 3: This Ordinance 122-0-14 shall become effective
immediately upon its passage and approval.
Upon motion by e C\ en" Qr1�jl� � seconded by
'M&VMV1 Cam, adopted this alday of �C'}C�MY- , 2014, by roll call
vote as follows:
Voting "Yes" (names): 0tweSmO" EAx"Axs
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Voting "No" (names):
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122-0-14
Approved:
(39 , 2014
Eliza&th B. Tisdahl, Mayor
Attest: Approved as to form:
Af is -
Rodney Gr , City Clerk W. Grant Farrar, Corporation Counsel
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