HomeMy WebLinkAboutORDINANCES-2003-097-O-03•
09/24/2003
97-0-03
AN ORDINANCE
Approving an Amendment to the
Redevelopment Plan and Project for the
Washington National Redevelopment Project
WHEREAS, on September 26, 1994 the Mayor and City Council of the City of
Evanston, in accordance with the provisions of the Tax Increment Allocation
Redevelopment Act, 65 ILCS 5/11-74.4-1 et seq. (the "Act'), adopted (i) Ordinance
131-0-93 (Adopting Tax Increment Financing) approving the Washington National
Redevelopment Plan and Project (the "Redevelopment Plan") for the TIF Washington
• National Redevelopment Project; (ii) Ordinance 130-0-93 (the "Designating the Tax
Increment Redevelopment Project Area" Ordinance) designating the Area as a
redevelopment project area pursuant to the Act; and (iii) Ordinance 129-0-93 adopting tax
increment allocation financing for the Area (the "Indicating an Intent to Use Tax Increment
Financing for Development of a Certain Area in Evanston"); the Redevelopment Plan
Approving Ordinance, the Redevelopment Area Designation Ordinance and the TIF
Financing Resolution are collectively referred to in this ordinance as the TIF Ordinances
and Resolution; and
WHEREAS, the Redevelopment Plan established dates of completion of the
redevelopment project described in the Redevelopment Plan and of the retirement of
obligations issued to finance redevelopment project costs to be September 25, 2017, which
• date is not more than 23 twenty-three y ( ) years from the date of the adoption of the
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Redevelopment Area Designation Ordinance, and the Corporate Authorities made a finding
in the Redevelopment Plan Approving Ordinance that such dates were not more than
twenty-three (23) years from the date of the adoption of the Redevelopment Area
Designation Ordinance in accordance with the provisions of Section 11-74.44-3 (n) (3) of
the Act in effect as of September 24, 1994; and
WHEREAS, Public Act 91-478 (the "Amendatory Act'), which became effective
November 1, 1999, amended the Act, among other things, to (i) change the dates set forth
in Section 11-74.4-3 (n) (3) of the Act by which redevelopment projects must be completed
and obligations issued to finance redevelopment project costs must be retired to be not
later than December 31 of the year in which the payment to a municipal treasurer as
provided in Section 11-74.4-8 (b) of the Act is to be made with respect to ad valorem taxes •
levied in the twenty-third calendar year after the year in which the ordinance approving a
redevelopment project area is adopted, and (ii) provide that a municipality may amend an
existing redevelopment plan to conform such redevelopment plan to
Section 11-74.4-3 (n) (3) of the Act, as amended by the Amendatory Act, by an ordinance
adopted without further hearing notice and without complying with the procedures provided
in the Act pertaining to an amendment to or the initial approval of a redevelopment plan
and project and designation of a redevelopment project area; and
WHEREAS, the Corporate Authorities desire to amend the Redevelopment Plan to
conform the Redevelopment Plan to Section 11-74.4-3 (n) (3) of the Act, as amended by
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the Amendatory Act, in accordance with the procedures set forth in amended
Section 11-74.4-3 (n) (3);
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF EVANSTON, COOK COUNTY, ILLINOIS, AS FOLLOWS:
hereof.
SECTION 1: Recitals. The above recitals are incorporated herein and made a part
SECTION 2: Approval of Amendment to Redevelopment Plan. The City of
Evanston hereby approves the "Amendment to the Washington National TIF
Redevelopment Plan and Project", a copy of which is attached hereto as Exhibit A (the
"Amendment to Redevelopment Plan").
• SECTION 3: Transmittal to County Clerk. The Corporate Authorities hereby
authorize and direct the TIF City Clerk to send a copy of the ordinance to the Cook County
Clerk in which the redevelopment project area is located in order to inform the Cook
County Clerk about the additional year that the County Clerk shall collect and disburse tax
increment revenues to the City of Evanston.
SECTION 4: Finding. The Corporate Authorities hereby make the finding that the
estimated dates of completion of the redevelopment project described in the
Redevelopment Plan and of the retirement of obligations issued to finance redevelopment
project costs set forth in the Redevelopment Plan, as amended by the Amendment to
Redevelopment Plan, conform to the provisions of Section 11-74.4-3 (n) (3) of the Act, as
• amended by the Amendatory Act.
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SECTION 5: Invalidity of Any Section; Severability. If any provision of this
ordinance shall be held to be invalid or unenforceable for any reason, the invalidity or
unenforceability of such provision shall not affect any of the remaining provisions of this
ordinance, and to that effect all provisions of this ordinance are deemed severable.
SECTION 6: Superseder. All ordinances (including, without limitation, the TIF
Ordinances), resolutions, motions or orders in conflict with this ordinance are hereby
repealed to the extent of such conflict.
SECTION 7: That this Ordinance shall be in full force and effect from and after its
passage and approval in the manner provided by law.
Introduced: 0 �-
Adopted:
ATTEST:
`_" O\A 0
i erk
Appr ved to form
V eorporation Counsel
, 2003
, 2003
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Approved:
2003
Mayor Pro Tem
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