Full Text of SB3563 103rd General Assembly
SB3563enr 103RD GENERAL ASSEMBLY | | | SB3563 Enrolled | | LRB103 36270 AWJ 66367 b |
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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 Section 11-74.4-3.5 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 | 11 | | retirement of obligations issued to finance redevelopment | 12 | | project costs (including refunding bonds under Section | 13 | | 11-74.4-7) may not be later than December 31 of the year in | 14 | | which the payment to the municipal treasurer, as provided in | 15 | | subsection (b) of Section 11-74.4-8 of this Act, is to be made | 16 | | with respect to ad valorem taxes levied in the 23rd calendar | 17 | | year after the year in which the ordinance approving the | 18 | | redevelopment project area was adopted if the ordinance was | 19 | | adopted on or after January 15, 1981. | 20 | | (a-5) If the redevelopment project area is located within | 21 | | a transit facility improvement area established pursuant to | 22 | | Section 11-74.4-3, the estimated dates of completion of the | 23 | | redevelopment project and retirement of obligations issued to |
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| 1 | | finance redevelopment project costs (including refunding bonds | 2 | | under Section 11-74.4-7) may not be later than December 31 of | 3 | | the year in which the payment to the municipal treasurer, as | 4 | | provided in subsection (b) of Section 11-74.4-8 of this Act, | 5 | | is to be made with respect to ad valorem taxes levied in the | 6 | | 35th calendar year after the year in which the ordinance | 7 | | approving the redevelopment project area was adopted. | 8 | | (a-7) A municipality may adopt tax increment financing for | 9 | | a redevelopment project area located in a transit facility | 10 | | improvement area that also includes real property located | 11 | | within an existing redevelopment project area established | 12 | | prior to August 12, 2016 (the effective date of Public Act | 13 | | 99-792). In such case: (i) the provisions of this Division | 14 | | shall apply with respect to the previously established | 15 | | redevelopment project area until the municipality adopts, as | 16 | | required in accordance with applicable provisions of this | 17 | | Division, an ordinance dissolving the special tax allocation | 18 | | fund for such redevelopment project area and terminating the | 19 | | designation of such redevelopment project area as a | 20 | | redevelopment project area; and (ii) after the effective date | 21 | | of the ordinance described in (i), the provisions of this | 22 | | Division shall apply with respect to the subsequently | 23 | | established redevelopment project area located in a transit | 24 | | facility improvement area. | 25 | | (b) The estimated dates of completion of the redevelopment | 26 | | project and retirement of obligations issued to finance |
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| 1 | | redevelopment project costs (including refunding bonds under | 2 | | Section 11-74.4-7) may not be later than December 31 of the | 3 | | year in which the payment to the municipal treasurer as | 4 | | provided in subsection (b) of Section 11-74.4-8 of this Act is | 5 | | to be made with respect to ad valorem taxes levied in the 32nd | 6 | | calendar year after the year in which the ordinance approving | 7 | | the redevelopment project area was adopted if the ordinance | 8 | | was adopted on September 9, 1999 by the Village of Downs. | 9 | | The estimated dates of completion of the redevelopment | 10 | | project and retirement of obligations issued to finance | 11 | | redevelopment project costs (including refunding bonds under | 12 | | Section 11-74.4-7) may not be later than December 31 of the | 13 | | year in which the payment to the municipal treasurer as | 14 | | provided in subsection (b) of Section 11-74.4-8 of this Act is | 15 | | to be made with respect to ad valorem taxes levied in the 33rd | 16 | | calendar year after the year in which the ordinance approving | 17 | | the redevelopment project area was adopted if the ordinance | 18 | | was adopted on May 20, 1985 by the Village of Wheeling. | 19 | | The estimated dates of completion of the redevelopment | 20 | | project and retirement of obligations issued to finance | 21 | | redevelopment project costs (including refunding bonds under | 22 | | Section 11-74.4-7) may not be later than December 31 of the | 23 | | year in which the payment to the municipal treasurer as | 24 | | provided in subsection (b) of Section 11-74.4-8 of this Act is | 25 | | to be made with respect to ad valorem taxes levied in the 28th | 26 | | calendar year after the year in which the ordinance approving |
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| 1 | | the redevelopment project area was adopted if the ordinance | 2 | | was adopted on October 12, 1989 by the City of Lawrenceville. | 3 | | (b-5) The estimated dates of completion of the | 4 | | redevelopment project and retirement of obligations issued to | 5 | | finance redevelopment project costs (including refunding bonds | 6 | | under Section 11-74.4-7) may not be later than December 31 of | 7 | | the year in which the payment to the municipal treasurer as | 8 | | provided in subsection (b) of Section 11-74.4-8 of this Act is | 9 | | to be made with respect to ad valorem taxes levied in the 32nd | 10 | | calendar year after the year in which the ordinance approving | 11 | | the redevelopment project area was adopted if the ordinance | 12 | | was adopted on April 19, 2004 by the Village of Tremont. | 13 | | (c) The estimated dates of completion of the redevelopment | 14 | | project and retirement of obligations issued to finance | 15 | | redevelopment project costs (including refunding bonds under | 16 | | Section 11-74.4-7) may not be later than December 31 of the | 17 | | year in which the payment to the municipal treasurer as | 18 | | provided in subsection (b) of Section 11-74.4-8 of this Act is | 19 | | to be made with respect to ad valorem taxes levied in the 35th | 20 | | calendar year after the year in which the ordinance approving | 21 | | the redevelopment project area was adopted: | 22 | | (1) If the ordinance was adopted before January 15, | 23 | | 1981. | 24 | | (2) If the ordinance was adopted in December 1983, | 25 | | April 1984, July 1985, or December 1989. | 26 | | (3) If the ordinance was adopted in December 1987 and |
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| 1 | | the redevelopment project is located within one mile of | 2 | | Midway Airport. | 3 | | (4) If the ordinance was adopted before January 1, | 4 | | 1987 by a municipality in Mason County. | 5 | | (5) If the municipality is subject to the Local | 6 | | Government Financial Planning and Supervision Act or the | 7 | | Financially Distressed City Law. | 8 | | (6) If the ordinance was adopted in December 1984 by | 9 | | the Village of Rosemont. | 10 | | (7) If the ordinance was adopted on December 31, 1986 | 11 | | by a municipality located in Clinton County for which at | 12 | | least $250,000 of tax increment bonds were authorized on | 13 | | June 17, 1997, or if the ordinance was adopted on December | 14 | | 31, 1986 by a municipality with a population in 1990 of | 15 | | less than 3,600 that is located in a county with a | 16 | | population in 1990 of less than 34,000 and for which at | 17 | | least $250,000 of tax increment bonds were authorized on | 18 | | June 17, 1997. | 19 | | (8) If the ordinance was adopted on October 5, 1982 by | 20 | | the City of Kankakee, or if the ordinance was adopted on | 21 | | December 29, 1986 by East St. Louis. | 22 | | (9) If the ordinance was adopted on November 12, 1991 | 23 | | by the Village of Sauget. | 24 | | (10) If the ordinance was adopted on February 11, 1985 | 25 | | by the City of Rock Island. | 26 | | (11) If the ordinance was adopted before December 18, |
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| 1 | | 1986 by the City of Moline. | 2 | | (12) If the ordinance was adopted in September 1988 by | 3 | | Sauk Village. | 4 | | (13) If the ordinance was adopted in October 1993 by | 5 | | Sauk Village. | 6 | | (14) If the ordinance was adopted on December 29, 1986 | 7 | | by the City of Galva. | 8 | | (15) If the ordinance was adopted in March 1991 by the | 9 | | City of Centreville. | 10 | | (16) If the ordinance was adopted on January 23, 1991 | 11 | | by the City of East St. Louis. | 12 | | (17) If the ordinance was adopted on December 22, 1986 | 13 | | by the City of Aledo. | 14 | | (18) If the ordinance was adopted on February 5, 1990 | 15 | | by the City of Clinton. | 16 | | (19) If the ordinance was adopted on September 6, 1994 | 17 | | by the City of Freeport. | 18 | | (20) If the ordinance was adopted on December 22, 1986 | 19 | | by the City of Tuscola. | 20 | | (21) If the ordinance was adopted on December 23, 1986 | 21 | | by the City of Sparta. | 22 | | (22) If the ordinance was adopted on December 23, 1986 | 23 | | by the City of Beardstown. | 24 | | (23) If the ordinance was adopted on April 27, 1981, | 25 | | October 21, 1985, or December 30, 1986 by the City of | 26 | | Belleville. |
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| 1 | | (24) If the ordinance was adopted on December 29, 1986 | 2 | | by the City of Collinsville. | 3 | | (25) If the ordinance was adopted on September 14, | 4 | | 1994 by the City of Alton. | 5 | | (26) If the ordinance was adopted on November 11, 1996 | 6 | | by the City of Lexington. | 7 | | (27) If the ordinance was adopted on November 5, 1984 | 8 | | by the City of LeRoy. | 9 | | (28) If the ordinance was adopted on April 3, 1991 or | 10 | | June 3, 1992 by the City of Markham. | 11 | | (29) If the ordinance was adopted on November 11, 1986 | 12 | | by the City of Pekin. | 13 | | (30) If the ordinance was adopted on December 15, 1981 | 14 | | by the City of Champaign. | 15 | | (31) If the ordinance was adopted on December 15, 1986 | 16 | | by the City of Urbana. | 17 | | (32) If the ordinance was adopted on December 15, 1986 | 18 | | by the Village of Heyworth. | 19 | | (33) If the ordinance was adopted on February 24, 1992 | 20 | | by the Village of Heyworth. | 21 | | (34) If the ordinance was adopted on March 16, 1995 by | 22 | | the Village of Heyworth. | 23 | | (35) If the ordinance was adopted on December 23, 1986 | 24 | | by the Town of Cicero. | 25 | | (36) If the ordinance was adopted on December 30, 1986 | 26 | | by the City of Effingham. |
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| 1 | | (37) If the ordinance was adopted on May 9, 1991 by the | 2 | | Village of Tilton. | 3 | | (38) If the ordinance was adopted on October 20, 1986 | 4 | | by the City of Elmhurst. | 5 | | (39) If the ordinance was adopted on January 19, 1988 | 6 | | by the City of Waukegan. | 7 | | (40) If the ordinance was adopted on September 21, | 8 | | 1998 by the City of Waukegan. | 9 | | (41) If the ordinance was adopted on December 31, 1986 | 10 | | by the City of Sullivan. | 11 | | (42) If the ordinance was adopted on December 23, 1991 | 12 | | by the City of Sullivan. | 13 | | (43) If the ordinance was adopted on December 31, 1986 | 14 | | by the City of Oglesby. | 15 | | (44) If the ordinance was adopted on July 28, 1987 by | 16 | | the City of Marion. | 17 | | (45) If the ordinance was adopted on April 23, 1990 by | 18 | | the City of Marion. | 19 | | (46) If the ordinance was adopted on August 20, 1985 | 20 | | by the Village of Mount Prospect. | 21 | | (47) If the ordinance was adopted on February 2, 1998 | 22 | | by the Village of Woodhull. | 23 | | (48) If the ordinance was adopted on April 20, 1993 by | 24 | | the Village of Princeville. | 25 | | (49) If the ordinance was adopted on July 1, 1986 by | 26 | | the City of Granite City. |
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| 1 | | (50) If the ordinance was adopted on February 2, 1989 | 2 | | by the Village of Lombard. | 3 | | (51) If the ordinance was adopted on December 29, 1986 | 4 | | by the Village of Gardner. | 5 | | (52) If the ordinance was adopted on July 14, 1999 by | 6 | | the Village of Paw Paw. | 7 | | (53) If the ordinance was adopted on November 17, 1986 | 8 | | by the Village of Franklin Park. | 9 | | (54) If the ordinance was adopted on November 20, 1989 | 10 | | by the Village of South Holland. | 11 | | (55) If the ordinance was adopted on July 14, 1992 by | 12 | | the Village of Riverdale. | 13 | | (56) If the ordinance was adopted on December 29, 1986 | 14 | | by the City of Galesburg. | 15 | | (57) If the ordinance was adopted on April 1, 1985 by | 16 | | the City of Galesburg. | 17 | | (58) If the ordinance was adopted on May 21, 1990 by | 18 | | the City of West Chicago. | 19 | | (59) If the ordinance was adopted on December 16, 1986 | 20 | | by the City of Oak Forest. | 21 | | (60) If the ordinance was adopted in 1999 by the City | 22 | | of Villa Grove. | 23 | | (61) If the ordinance was adopted on January 13, 1987 | 24 | | by the Village of Mt. Zion. | 25 | | (62) If the ordinance was adopted on December 30, 1986 | 26 | | by the Village of Manteno. |
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| 1 | | (63) If the ordinance was adopted on April 3, 1989 by | 2 | | the City of Chicago Heights. | 3 | | (64) If the ordinance was adopted on January 6, 1999 | 4 | | by the Village of Rosemont. | 5 | | (65) If the ordinance was adopted on December 19, 2000 | 6 | | by the Village of Stone Park. | 7 | | (66) If the ordinance was adopted on December 22, 1986 | 8 | | by the City of DeKalb. | 9 | | (67) If the ordinance was adopted on December 2, 1986 | 10 | | by the City of Aurora. | 11 | | (68) If the ordinance was adopted on December 31, 1986 | 12 | | by the Village of Milan. | 13 | | (69) If the ordinance was adopted on September 8, 1994 | 14 | | by the City of West Frankfort. | 15 | | (70) If the ordinance was adopted on December 23, 1986 | 16 | | by the Village of Libertyville. | 17 | | (71) If the ordinance was adopted on December 22, 1986 | 18 | | by the Village of Hoffman Estates. | 19 | | (72) If the ordinance was adopted on September 17, | 20 | | 1986 by the Village of Sherman. | 21 | | (73) If the ordinance was adopted on December 16, 1986 | 22 | | by the City of Macomb. | 23 | | (74) If the ordinance was adopted on June 11, 2002 by | 24 | | the City of East Peoria to create the West Washington | 25 | | Street TIF. | 26 | | (75) If the ordinance was adopted on June 11, 2002 by |
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| 1 | | the City of East Peoria to create the Camp Street TIF. | 2 | | (76) If the ordinance was adopted on August 7, 2000 by | 3 | | the City of Des Plaines. | 4 | | (77) If the ordinance was adopted on December 22, 1986 | 5 | | by the City of Washington to create the Washington Square | 6 | | TIF #2. | 7 | | (78) If the ordinance was adopted on December 29, 1986 | 8 | | by the City of Morris. | 9 | | (79) If the ordinance was adopted on July 6, 1998 by | 10 | | the Village of Steeleville. | 11 | | (80) If the ordinance was adopted on December 29, 1986 | 12 | | by the City of Pontiac to create TIF I (the Main St TIF). | 13 | | (81) If the ordinance was adopted on December 29, 1986 | 14 | | by the City of Pontiac to create TIF II (the Interstate | 15 | | TIF). | 16 | | (82) If the ordinance was adopted on November 6, 2002 | 17 | | by the City of Chicago to create the Madden/Wells TIF | 18 | | District. | 19 | | (83) If the ordinance was adopted on November 4, 1998 | 20 | | by the City of Chicago to create the Roosevelt/Racine TIF | 21 | | District. | 22 | | (84) If the ordinance was adopted on June 10, 1998 by | 23 | | the City of Chicago to create the Stony Island | 24 | | Commercial/Burnside Industrial Corridors TIF District. | 25 | | (85) If the ordinance was adopted on November 29, 1989 | 26 | | by the City of Chicago to create the Englewood Mall TIF |
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| 1 | | District. | 2 | | (86) If the ordinance was adopted on December 27, 1986 | 3 | | by the City of Mendota. | 4 | | (87) If the ordinance was adopted on December 31, 1986 | 5 | | by the Village of Cahokia. | 6 | | (88) If the ordinance was adopted on September 20, | 7 | | 1999 by the City of Belleville. | 8 | | (89) If the ordinance was adopted on December 30, 1986 | 9 | | by the Village of Bellevue to create the Bellevue TIF | 10 | | District 1. | 11 | | (90) If the ordinance was adopted on December 13, 1993 | 12 | | by the Village of Crete. | 13 | | (91) If the ordinance was adopted on February 12, 2001 | 14 | | by the Village of Crete. | 15 | | (92) If the ordinance was adopted on April 23, 2001 by | 16 | | the Village of Crete. | 17 | | (93) If the ordinance was adopted on December 16, 1986 | 18 | | by the City of Champaign. | 19 | | (94) If the ordinance was adopted on December 20, 1986 | 20 | | by the City of Charleston. | 21 | | (95) If the ordinance was adopted on June 6, 1989 by | 22 | | the Village of Romeoville. | 23 | | (96) If the ordinance was adopted on October 14, 1993 | 24 | | and amended on August 2, 2010 by the City of Venice. | 25 | | (97) If the ordinance was adopted on June 1, 1994 by | 26 | | the City of Markham. |
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| 1 | | (98) If the ordinance was adopted on May 19, 1998 by | 2 | | the Village of Bensenville. | 3 | | (99) If the ordinance was adopted on November 12, 1987 | 4 | | by the City of Dixon. | 5 | | (100) If the ordinance was adopted on December 20, | 6 | | 1988 by the Village of Lansing. | 7 | | (101) If the ordinance was adopted on October 27, 1998 | 8 | | by the City of Moline. | 9 | | (102) If the ordinance was adopted on May 21, 1991 by | 10 | | the Village of Glenwood. | 11 | | (103) If the ordinance was adopted on January 28, 1992 | 12 | | by the City of East Peoria. | 13 | | (104) If the ordinance was adopted on December 14, | 14 | | 1998 by the City of Carlyle. | 15 | | (105) If the ordinance was adopted on May 17, 2000, as | 16 | | subsequently amended, by the City of Chicago to create the | 17 | | Midwest Redevelopment TIF District. | 18 | | (106) If the ordinance was adopted on September 13, | 19 | | 1989 by the City of Chicago to create the Michigan/Cermak | 20 | | Area TIF District. | 21 | | (107) If the ordinance was adopted on March 30, 1992 | 22 | | by the Village of Ohio. | 23 | | (108) If the ordinance was adopted on July 6, 1998 by | 24 | | the Village of Orangeville. | 25 | | (109) If the ordinance was adopted on December 16, | 26 | | 1997 by the Village of Germantown. |
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| 1 | | (110) If the ordinance was adopted on April 28, 2003 | 2 | | by Gibson City. | 3 | | (111) If the ordinance was adopted on December 18, | 4 | | 1990 by the Village of Washington Park, but only after the | 5 | | Village of Washington Park becomes compliant with the | 6 | | reporting requirements under subsection (d) of Section | 7 | | 11-74.4-5, and after the State Comptroller's certification | 8 | | of such compliance. | 9 | | (112) If the ordinance was adopted on February 28, | 10 | | 2000 by the City of Harvey. | 11 | | (113) If the ordinance was adopted on January 11, 1991 | 12 | | by the City of Chicago to create the Read/Dunning TIF | 13 | | District. | 14 | | (114) If the ordinance was adopted on July 24, 1991 by | 15 | | the City of Chicago to create the Sanitary and Ship Canal | 16 | | TIF District. | 17 | | (115) If the ordinance was adopted on December 4, 2007 | 18 | | by the City of Naperville. | 19 | | (116) If the ordinance was adopted on July 1, 2002 by | 20 | | the Village of Arlington Heights. | 21 | | (117) If the ordinance was adopted on February 11, | 22 | | 1991 by the Village of Machesney Park. | 23 | | (118) If the ordinance was adopted on December 29, | 24 | | 1993 by the City of Ottawa. | 25 | | (119) If the ordinance was adopted on June 4, 1991 by | 26 | | the Village of Lansing. |
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| 1 | | (120) If the ordinance was adopted on February 10, | 2 | | 2004 by the Village of Fox Lake. | 3 | | (121) If the ordinance was adopted on December 22, | 4 | | 1992 by the City of Fairfield. | 5 | | (122) If the ordinance was adopted on February 10, | 6 | | 1992 by the City of Mt. Sterling. | 7 | | (123) If the ordinance was adopted on March 15, 2004 | 8 | | by the City of Batavia. | 9 | | (124) If the ordinance was adopted on March 18, 2002 | 10 | | by the Village of Lake Zurich. | 11 | | (125) If the ordinance was adopted on September 23, | 12 | | 1997 by the City of Granite City. | 13 | | (126) If the ordinance was adopted on May 8, 2013 by | 14 | | the Village of Rosemont to create the Higgins Road/River | 15 | | Road TIF District No. 6. | 16 | | (127) If the ordinance was adopted on November 22, | 17 | | 1993 by the City of Arcola. | 18 | | (128) If the ordinance was adopted on September 7, | 19 | | 2004 by the City of Arcola. | 20 | | (129) If the ordinance was adopted on November 29, | 21 | | 1999 by the City of Paris. | 22 | | (130) If the ordinance was adopted on September 20, | 23 | | 1994 by the City of Ottawa to create the U.S. Route 6 East | 24 | | Ottawa TIF. | 25 | | (131) If the ordinance was adopted on May 2, 2002 by | 26 | | the Village of Crestwood. |
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| 1 | | (132) If the ordinance was adopted on October 27, 1992 | 2 | | by the City of Blue Island. | 3 | | (133) If the ordinance was adopted on December 23, | 4 | | 1993 by the City of Lacon. | 5 | | (134) If the ordinance was adopted on May 4, 1998 by | 6 | | the Village of Bradford. | 7 | | (135) If the ordinance was adopted on June 11, 2002 by | 8 | | the City of Oak Forest. | 9 | | (136) If the ordinance was adopted on November 16, | 10 | | 1992 by the City of Pinckneyville. | 11 | | (137) If the ordinance was adopted on March 1, 2001 by | 12 | | the Village of South Jacksonville. | 13 | | (138) If the ordinance was adopted on February 26, | 14 | | 1992 by the City of Chicago to create the Stockyards | 15 | | Southeast Quadrant TIF District. | 16 | | (139) If the ordinance was adopted on January 25, 1993 | 17 | | by the City of LaSalle. | 18 | | (140) If the ordinance was adopted on December 23, | 19 | | 1997 by the Village of Dieterich. | 20 | | (141) If the ordinance was adopted on February 10, | 21 | | 2016 by the Village of Rosemont to create the | 22 | | Balmoral/Pearl TIF No. 8 Tax Increment Financing | 23 | | Redevelopment Project Area. | 24 | | (142) If the ordinance was adopted on June 11, 2002 by | 25 | | the City of Oak Forest. | 26 | | (143) If the ordinance was adopted on January 31, 1995 |
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| 1 | | by the Village of Milledgeville. | 2 | | (144) If the ordinance was adopted on February 5, 1996 | 3 | | by the Village of Pearl City. | 4 | | (145) If the ordinance was adopted on December 21, | 5 | | 1994 by the City of Calumet City. | 6 | | (146) If the ordinance was adopted on May 5, 2003 by | 7 | | the Town of Normal. | 8 | | (147) If the ordinance was adopted on June 2, 1998 by | 9 | | the City of Litchfield. | 10 | | (148) If the ordinance was adopted on October 23, 1995 | 11 | | by the City of Marion. | 12 | | (149) If the ordinance was adopted on May 24, 2001 by | 13 | | the Village of Hanover Park. | 14 | | (150) If the ordinance was adopted on May 30, 1995 by | 15 | | the Village of Dalzell. | 16 | | (151) If the ordinance was adopted on April 15, 1997 | 17 | | by the City of Edwardsville. | 18 | | (152) If the ordinance was adopted on September 5, | 19 | | 1995 by the City of Granite City. | 20 | | (153) If the ordinance was adopted on June 21, 1999 by | 21 | | the Village of Table Grove. | 22 | | (154) If the ordinance was adopted on February 23, | 23 | | 1995 by the City of Springfield. | 24 | | (155) If the ordinance was adopted on August 11, 1999 | 25 | | by the City of Monmouth. | 26 | | (156) If the ordinance was adopted on December 26, |
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| 1 | | 1995 by the Village of Posen. | 2 | | (157) If the ordinance was adopted on July 1, 1995 by | 3 | | the Village of Caseyville. | 4 | | (158) If the ordinance was adopted on January 30, 1996 | 5 | | by the City of Madison. | 6 | | (159) If the ordinance was adopted on February 2, 1996 | 7 | | by the Village of Hartford. | 8 | | (160) If the ordinance was adopted on July 2, 1996 by | 9 | | the Village of Manlius. | 10 | | (161) If the ordinance was adopted on March 21, 2000 | 11 | | by the City of Hoopeston. | 12 | | (162) If the ordinance was adopted on March 22, 2005 | 13 | | by the City of Hoopeston. | 14 | | (163) If the ordinance was adopted on July 10, 1996 by | 15 | | the City of Chicago to create the Goose Island TIF | 16 | | District. | 17 | | (164) If the ordinance was adopted on December 11, | 18 | | 1996 by the City of Chicago to create the Bryn | 19 | | Mawr/Broadway TIF District. | 20 | | (165) If the ordinance was adopted on December 31, | 21 | | 1995 by the City of Chicago to create the 95th/Western TIF | 22 | | District. | 23 | | (166) If the ordinance was adopted on October 7, 1998 | 24 | | by the City of Chicago to create the 71st and Stony Island | 25 | | TIF District. | 26 | | (167) If the ordinance was adopted on April 19, 1995 |
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| 1 | | by the Village of North Utica. | 2 | | (168) If the ordinance was adopted on April 22, 1996 | 3 | | by the City of LaSalle. | 4 | | (169) If the ordinance was adopted on June 9, 2008 by | 5 | | the City of Country Club Hills. | 6 | | (170) If the ordinance was adopted on July 3, 1996 by | 7 | | the Village of Phoenix. | 8 | | (171) If the ordinance was adopted on May 19, 1997 by | 9 | | the Village of Swansea. | 10 | | (172) If the ordinance was adopted on August 13, 2001 | 11 | | by the Village of Saunemin. | 12 | | (173) If the ordinance was adopted on January 10, 2005 | 13 | | by the Village of Romeoville. | 14 | | (174) If the ordinance was adopted on January 28, 1997 | 15 | | by the City of Berwyn for the South Berwyn Corridor Tax | 16 | | Increment Financing District. | 17 | | (175) If the ordinance was adopted on January 28, 1997 | 18 | | by the City of Berwyn for the Roosevelt Road Tax Increment | 19 | | Financing District. | 20 | | (176) If the ordinance was adopted on May 3, 2001 by | 21 | | the Village of Hanover Park for the Village Center Tax | 22 | | Increment Financing Redevelopment Project Area (TIF # 3). | 23 | | (177) If the ordinance was adopted on January 1, 1996 | 24 | | by the City of Savanna. | 25 | | (178) If the ordinance was adopted on January 28, 2002 | 26 | | by the Village of Okawville. |
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| 1 | | (179) If the ordinance was adopted on October 4, 1999 | 2 | | by the City of Vandalia. | 3 | | (180) If the ordinance was adopted on June 16, 2003 by | 4 | | the City of Rushville. | 5 | | (181) If the ordinance was adopted on December 7, 1998 | 6 | | by the City of Quincy for the Central Business District | 7 | | West Tax Increment Redevelopment Project Area. | 8 | | (182) If the ordinance was adopted on March 27, 1997 | 9 | | by the Village of Maywood approving the Roosevelt Road TIF | 10 | | District. | 11 | | (183) If the ordinance was adopted on March 27, 1997 | 12 | | by the Village of Maywood approving the Madison | 13 | | Street/Fifth Avenue TIF District. | 14 | | (184) If the ordinance was adopted on November 10, | 15 | | 1997 by the Village of Park Forest. | 16 | | (185) If the ordinance was adopted on July 30, 1997 by | 17 | | the City of Chicago to create the Near North TIF district. | 18 | | (186) If the ordinance was adopted on December 1, 2000 | 19 | | by the Village of Mahomet. | 20 | | (187) If the ordinance was adopted on June 16, 1999 by | 21 | | the Village of Washburn. | 22 | | (188) If the ordinance was adopted on August 19, 1998 | 23 | | by the Village of New Berlin. | 24 | | (189) If the ordinance was adopted on February 5, 2002 | 25 | | by the City of Highwood. | 26 | | (190) If the ordinance was adopted on June 1, 1997 by |
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| 1 | | the City of Flora. | 2 | | (191) If the ordinance was adopted on August 17, 1999 | 3 | | by the City of Ottawa. | 4 | | (192) If the ordinance was adopted on June 13, 2005 by | 5 | | the City of Mount Carroll. | 6 | | (193) If the ordinance was adopted on March 25, 2008 | 7 | | by the Village of Elizabeth. | 8 | | (194) If the ordinance was adopted on February 22, | 9 | | 2000 by the City of Mount Pulaski. | 10 | | (195) If the ordinance was adopted on November 21, | 11 | | 2000 by the City of Effingham. | 12 | | (196) If the ordinance was adopted on January 28, 2003 | 13 | | by the City of Effingham. | 14 | | (197) If the ordinance was adopted on February 4, 2008 | 15 | | by the City of Polo. | 16 | | (198) If the ordinance was adopted on August 17, 2005 | 17 | | by the Village of Bellwood to create the Park Place TIF. | 18 | | (199) If the ordinance was adopted on July 16, 2014 by | 19 | | the Village of Bellwood to create the North-2014 TIF. | 20 | | (200) If the ordinance was adopted on July 16, 2014 by | 21 | | the Village of Bellwood to create the South-2014 TIF. | 22 | | (201) If the ordinance was adopted on July 16, 2014 by | 23 | | the Village of Bellwood to create the Central Metro-2014 | 24 | | TIF. | 25 | | (202) If the ordinance was adopted on September 17, | 26 | | 2014 by the Village of Bellwood to create the Addison |
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| 1 | | Creek "A" (Southwest)-2014 TIF. | 2 | | (203) If the ordinance was adopted on September 17, | 3 | | 2014 by the Village of Bellwood to create the Addison | 4 | | Creek "B" (Northwest)-2014 TIF. | 5 | | (204) If the ordinance was adopted on September 17, | 6 | | 2014 by the Village of Bellwood to create the Addison | 7 | | Creek "C" (Northeast)-2014 TIF. | 8 | | (205) If the ordinance was adopted on September 17, | 9 | | 2014 by the Village of Bellwood to create the Addison | 10 | | Creek "D" (Southeast)-2014 TIF. | 11 | | (206) If the ordinance was adopted on June 26, 2007 by | 12 | | the City of Peoria. | 13 | | (207) If the ordinance was adopted on October 28, 2008 | 14 | | by the City of Peoria. | 15 | | (208) If the ordinance was adopted on April 4, 2000 by | 16 | | the City of Joliet to create the Joliet City Center TIF | 17 | | District. | 18 | | (209) If the ordinance was adopted on July 8, 1998 by | 19 | | the City of Chicago to create the 43rd/Cottage Grove TIF | 20 | | district. | 21 | | (210) If the ordinance was adopted on July 8, 1998 by | 22 | | the City of Chicago to create the 79th Street Corridor TIF | 23 | | district. | 24 | | (211) If the ordinance was adopted on November 4, 1998 | 25 | | by the City of Chicago to create the Bronzeville TIF | 26 | | district. |
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| 1 | | (212) If the ordinance was adopted on February 5, 1998 | 2 | | by the City of Chicago to create the Homan/Arthington TIF | 3 | | district. | 4 | | (213) If the ordinance was adopted on December 8, 1998 | 5 | | by the Village of Plainfield. | 6 | | (214) If the ordinance was adopted on July 17, 2000 by | 7 | | the Village of Homer. | 8 | | (215) If the ordinance was adopted on December 27, | 9 | | 2006 by the City of Greenville. | 10 | | (216) If the ordinance was adopted on June 10, 1998 by | 11 | | the City of Chicago to create the Kinzie Industrial TIF | 12 | | district. | 13 | | (217) If the ordinance was adopted on December 2, 1998 | 14 | | by the City of Chicago to create the Northwest Industrial | 15 | | TIF district. | 16 | | (218) If the ordinance was adopted on June 10, 1998 by | 17 | | the City of Chicago to create the Pilsen Industrial TIF | 18 | | district. | 19 | | (219) If the ordinance was adopted on January 14, 1997 | 20 | | by the City of Chicago to create the 35th/Halsted TIF | 21 | | district. | 22 | | (220) If the ordinance was adopted on June 9, 1999 by | 23 | | the City of Chicago to create the Pulaski Corridor TIF | 24 | | district. | 25 | | (221) If the ordinance was adopted on December 16, | 26 | | 1997 by the City of Springfield to create the Enos Park |
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| 1 | | Neighborhood TIF District. | 2 | | (222) If the ordinance was adopted on February 5, 1998 | 3 | | by the City of Chicago to create the Roosevelt/Cicero | 4 | | redevelopment project area. | 5 | | (223) If the ordinance was adopted on February 5, 1998 | 6 | | by the City of Chicago to create the Western/Ogden | 7 | | redevelopment project area. | 8 | | (224) If the ordinance was adopted on July 21, 1999 by | 9 | | the City of Chicago to create the 24th/Michigan Avenue | 10 | | redevelopment project area. | 11 | | (225) If the ordinance was adopted on January 20, 1999 | 12 | | by the City of Chicago to create the Woodlawn | 13 | | redevelopment project area. | 14 | | (226) If the ordinance was adopted on July 7, 1999 by | 15 | | the City of Chicago to create the Clark/Montrose | 16 | | redevelopment project area. | 17 | | (227) If the ordinance was adopted on November 4, 2003 | 18 | | by the City of Madison to create the Rivers Edge | 19 | | redevelopment project area. | 20 | | (228) If the ordinance was adopted on August 12, 2003 | 21 | | by the City of Madison to create the Caine Street | 22 | | redevelopment project area. | 23 | | (229) If the ordinance was adopted on March 7, 2000 by | 24 | | the City of Madison to create the East Madison TIF. | 25 | | (230) If the ordinance was adopted on August 3, 2001 | 26 | | by the Village of Aviston. |
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| 1 | | (231) If the ordinance was adopted on August 22, 2011 | 2 | | by the Village of Warren. | 3 | | (232) If the ordinance was adopted on April 8, 1999 by | 4 | | the City of Farmer City. | 5 | | (233) If the ordinance was adopted on August 4, 1999 | 6 | | by the Village of Fairmont City. | 7 | | (234) If the ordinance was adopted on October 2, 1999 | 8 | | by the Village of Fairmont City. | 9 | | (235) If the ordinance was adopted December 16, 1999 | 10 | | by the City of Springfield. | 11 | | (236) If the ordinance was adopted on December 13, | 12 | | 1999 by the Village of Palatine to create the Village of | 13 | | Palatine Downtown Area TIF District. | 14 | | (237) If the ordinance was adopted on September 29, | 15 | | 1999 by the City of Chicago to create the 111th/Kedzie | 16 | | redevelopment project area. | 17 | | (238) If the ordinance was adopted on November 12, | 18 | | 1998 by the City of Chicago to create the Canal/Congress | 19 | | redevelopment project area. | 20 | | (239) If the ordinance was adopted on July 7, 1999 by | 21 | | the City of Chicago to create the Galewood/Armitage | 22 | | Industrial redevelopment project area. | 23 | | (240) If the ordinance was adopted on September 29, | 24 | | 1999 by the City of Chicago to create the Madison/Austin | 25 | | Corridor redevelopment project area. | 26 | | (241) If the ordinance was adopted on April 12, 2000 |
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| 1 | | by the City of Chicago to create the South Chicago | 2 | | redevelopment project area. | 3 | | (242) If the ordinance was adopted on January 9, 2002 | 4 | | by the Village of Elkhart. | 5 | | (243) If the ordinance was adopted on May 23, 2000 by | 6 | | the City of Robinson to create the West Robinson | 7 | | Industrial redevelopment project area. | 8 | | (244) If the ordinance was adopted on October 9, 2001 | 9 | | by the City of Robinson to create the Downtown Robinson | 10 | | redevelopment project area. | 11 | | (245) If the ordinance was adopted on September 19, | 12 | | 2000 by the Village of Valmeyer. | 13 | | (246) If the ordinance was adopted on April 15, 2002 | 14 | | by the City of McHenry to create the Downtown TIF | 15 | | district. | 16 | | (247) If the ordinance was adopted on February 15, | 17 | | 1999 by the Village of Channahon. | 18 | | (248) If the ordinance was adopted on December 19, | 19 | | 2000 by the City of Peoria. | 20 | | (249) If the ordinance was adopted on July 24, 2000 by | 21 | | the City of Rock Island to create the North 11th Street | 22 | | redevelopment project area. | 23 | | (250) If the ordinance was adopted on February 5, 2002 | 24 | | by the City of Champaign to create the North Campustown | 25 | | TIF. | 26 | | (251) If the ordinance was adopted on November 20, |
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| 1 | | 2000 by the Village of Evergreen Park. | 2 | | (252) If the ordinance was adopted on February 16, | 3 | | 2000 by the City of Chicago to create the | 4 | | Fullerton/Milwaukee redevelopment project area. | 5 | | (253) If the ordinance was adopted on October 23, 2006 | 6 | | by the Village of Bourbonnais to create the Bourbonnais | 7 | | Industrial Park Conservation Area. | 8 | | (254) If the ordinance was adopted on February 22, | 9 | | 2000 by the City of Geneva to create the East State Street | 10 | | redevelopment project area. | 11 | | (255) If the ordinance was adopted on February 6, 2001 | 12 | | by the Village of Downers Grove to create the Ogden Avenue | 13 | | redevelopment project area. | 14 | | (256) If the ordinance was adopted on June 27, 2001 by | 15 | | the City of Chicago to create the Division/Homan | 16 | | redevelopment project area. | 17 | | (257) If the ordinance was adopted on May 17, 2000 by | 18 | | the City of Chicago to create the 63rd/Pulaski | 19 | | redevelopment project area. | 20 | | (258) If the ordinance was adopted on March 10, 1999 | 21 | | by the City of Chicago to create the Greater Southwest | 22 | | Industrial (East) redevelopment project area. | 23 | | (259) If the ordinance was adopted on February 16, | 24 | | 2000 by the City of Chicago to create the Lawrence/Kedzie | 25 | | redevelopment project area. | 26 | | (260) If the ordinance was adopted on November 3, 1999 |
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| 1 | | by the City of Chicago to create the Lincoln Avenue | 2 | | redevelopment project area. | 3 | | (261) If the ordinance was adopted on September 3, | 4 | | 2015 by the Village of Fox River Grove to create the | 5 | | Downtown TIF #2 redevelopment project area. | 6 | | (262) If the ordinance was adopted on October 16, 2000 | 7 | | by the Village of Franklin Park to create the Downtown | 8 | | Franklin Avenue redevelopment project area. | 9 | | (263) If the ordinance was adopted on September 8, | 10 | | 2003 by the City of Jacksonville to create the Downtown | 11 | | Redevelopment Project Area. | 12 | | (264) If the ordinance was adopted on August 13, 2002 | 13 | | by the City of Prophetstown to create the Redevelopment | 14 | | Project Area No. 1. | 15 | | (265) If the ordinance was adopted on August 29, 2006 | 16 | | by the City of Ottawa to create the Ottawa Dayton | 17 | | Industrial TIF District. | 18 | | (266) If the ordinance was adopted on June 27, 2006 by | 19 | | the City of Ottawa to create the Ottawa Canal TIF | 20 | | District. | 21 | | (267) If the ordinance was adopted on March 5, 2001 by | 22 | | the City of Salem to create the TIF No 2 - Redevelopment | 23 | | Area. | 24 | | (268) If the ordinance was adopted on January 23, 2002 | 25 | | by the Village of Malta to create the Harkness Property | 26 | | redevelopment project area. |
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| 1 | | (269) If the ordinance was adopted on June 16, 2008 by | 2 | | the City of Highland to create TIF #1. | 3 | | (270) If the ordinance was adopted on January 3, 2012 | 4 | | by the City of Highland to create TIF #2. | 5 | | (271) If the ordinance was adopted on January 1, 2000 | 6 | | by the City of Chicago to create the Belmont/Central | 7 | | redevelopment project area. | 8 | | (272) If the ordinance was adopted on June 27, 2001 by | 9 | | the City of Chicago to create the Englewood Neighborhood | 10 | | redevelopment project area. | 11 | | (273) If the ordinance was adopted on December 13, | 12 | | 2000 by the City of Chicago to create the Lake Calumet Area | 13 | | Industrial redevelopment project area. | 14 | | (274) If the ordinance was adopted on October 15, 2001 | 15 | | by the City of Des Plaines to create TIF No. 6 Mannheim | 16 | | Higgins Road. | 17 | | (275) If the ordinance was adopted on October 22, 2001 | 18 | | by the City of Sullivan to create TIF District III. | 19 | | (276) If the ordinance was adopted on November 12, | 20 | | 2013 by the City of Oak Forest to create the City of Oak | 21 | | Forest Cicero Avenue Tax Increment Financing District | 22 | | Redevelopment Project Area TIF District #6. | 23 | | (d) For redevelopment project areas for which bonds were | 24 | | issued before July 29, 1991, or for which contracts were | 25 | | entered into before June 1, 1988, in connection with a | 26 | | redevelopment project in the area within the State Sales Tax |
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| 1 | | Boundary, the estimated dates of completion of the | 2 | | redevelopment project and retirement of obligations to finance | 3 | | redevelopment project costs (including refunding bonds under | 4 | | Section 11-74.4-7) may be extended by municipal ordinance to | 5 | | December 31, 2013. The termination procedures of subsection | 6 | | (b) of Section 11-74.4-8 are not required for these | 7 | | redevelopment project areas in 2009 but are required in 2013. | 8 | | The extension allowed by Public Act 87-1272 shall not apply to | 9 | | real property tax increment allocation financing under Section | 10 | | 11-74.4-8. | 11 | | (e) Those dates, for purposes of real property tax | 12 | | increment allocation financing pursuant to Section 11-74.4-8 | 13 | | only, shall be not more than 35 years for redevelopment | 14 | | project areas that were adopted on or after December 16, 1986 | 15 | | and for which at least $8 million worth of municipal bonds were | 16 | | authorized on or after December 19, 1989 but before January 1, | 17 | | 1990; provided that the municipality elects to extend the life | 18 | | of the redevelopment project area to 35 years by the adoption | 19 | | of an ordinance after at least 14 but not more than 30 days' | 20 | | written notice to the taxing bodies, that would otherwise | 21 | | constitute the joint review board for the redevelopment | 22 | | project area, before the adoption of the ordinance. | 23 | | (f) Those dates, for purposes of real property tax | 24 | | increment allocation financing pursuant to Section 11-74.4-8 | 25 | | only, shall be not more than 35 years for redevelopment | 26 | | project areas that were established on or after December 1, |
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| 1 | | 1981 but before January 1, 1982 and for which at least | 2 | | $1,500,000 worth of tax increment revenue bonds were | 3 | | authorized on or after September 30, 1990 but before July 1, | 4 | | 1991; provided that the municipality elects to extend the life | 5 | | of the redevelopment project area to 35 years by the adoption | 6 | | of an ordinance after at least 14 but not more than 30 days' | 7 | | written notice to the taxing bodies, that would otherwise | 8 | | constitute the joint review board for the redevelopment | 9 | | project area, before the adoption of the ordinance. | 10 | | (f-1) (Blank). | 11 | | (f-2) (Blank). | 12 | | (f-3) (Blank). | 13 | | (f-5) Those dates, for purposes of real property tax | 14 | | increment allocation financing pursuant to Section 11-74.4-8 | 15 | | only, shall be not more than 47 years for redevelopment | 16 | | project areas listed in this subsection; provided that (i) the | 17 | | municipality adopts an ordinance extending the life of the | 18 | | redevelopment project area to 47 years and (ii) the | 19 | | municipality provides notice to the taxing bodies that would | 20 | | otherwise constitute the joint review board for the | 21 | | redevelopment project area not more than 30 and not less than | 22 | | 14 days prior to the adoption of that ordinance: | 23 | | (1) If the redevelopment project area was established | 24 | | on December 29, 1981 by the City of Springfield. | 25 | | (2) If the redevelopment project area was established | 26 | | on December 29, 1986 by the City of Morris and that is |
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| 1 | | known as the Morris TIF District 1. | 2 | | (3) If the redevelopment project area was established | 3 | | on December 31, 1986 by the Village of Cahokia. | 4 | | (4) If the redevelopment project area was established | 5 | | on December 20, 1986 by the City of Charleston. | 6 | | (5) If the redevelopment project area was established | 7 | | on December 23, 1986 by the City of Beardstown. | 8 | | (6) If the redevelopment project area was established | 9 | | on December 23, 1986 by the Town of Cicero. | 10 | | (7) If the redevelopment project area was established | 11 | | on December 29, 1986 by the City of East St. Louis. | 12 | | (8) If the redevelopment project area was established | 13 | | on January 23, 1991 by the City of East St. Louis. | 14 | | (9) If the redevelopment project area was established | 15 | | on December 29, 1986 by the Village of Gardner. | 16 | | (10) If the redevelopment project area was established | 17 | | on June 11, 2002 by the City of East Peoria to create the | 18 | | West Washington Street TIF. | 19 | | (11) If the redevelopment project area was established | 20 | | on December 22, 1986 by the City of Washington creating | 21 | | the Washington Square TIF #2. | 22 | | (12) If the redevelopment project area was established | 23 | | on November 11, 1986 by the City of Pekin. | 24 | | (13) If the redevelopment project area was established | 25 | | on December 30, 1986 by the City of Belleville. | 26 | | (14) If the ordinance was adopted on April 3, 1989 by |
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| 1 | | the City of Chicago Heights. | 2 | | (15) If the redevelopment project area was established | 3 | | on December 29, 1986 by the City of Pontiac to create TIF I | 4 | | (the Main St TIF). | 5 | | (16) If the redevelopment project area was established | 6 | | on December 29, 1986 by the City of Pontiac to create TIF | 7 | | II (the Interstate TIF). | 8 | | (17) If the redevelopment project area was established | 9 | | on December 23, 1986 by the City of Sparta to create TIF | 10 | | #1. Any termination procedures provided for in Section | 11 | | 11-74.4-8 are not required for this redevelopment project | 12 | | area prior to the 47th calendar year after the year in | 13 | | which the ordinance approving the redevelopment project | 14 | | year was adopted. | 15 | | (18) If the redevelopment project area was established | 16 | | on March 30, 1992 by the Village of Ohio to create the | 17 | | Village of Ohio TIF District. | 18 | | (19) If the redevelopment project area was established | 19 | | on December 13, 1993 by the Village of Crete. | 20 | | (20) If the redevelopment project area was established | 21 | | on February 12, 2001 by the Village of Crete. | 22 | | (21) If the redevelopment project area was established | 23 | | on April 23, 2001 by the Village of Crete. | 24 | | (22) If the redevelopment project area was established | 25 | | on December 29, 1993 by the City of Ottawa to create the | 26 | | Ottawa I-80 North TIF District. |
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| 1 | | (23) If the redevelopment project area was established | 2 | | on September 20, 1994 by the City of Ottawa to create the | 3 | | Ottawa Rt. 6 East TIF District. | 4 | | (24) If the redevelopment project area was established | 5 | | on January 6, 1999 by the Village of Rosemont to create the | 6 | | Village of Rosemont TIF 4 South River Road. | 7 | | (g) In consolidating the material relating to completion | 8 | | dates from Sections 11-74.4-3 and 11-74.4-7 into this Section, | 9 | | it is not the intent of the General Assembly to make any | 10 | | substantive change in the law, except for the extension of the | 11 | | completion dates for the City of Aurora, the Village of Milan, | 12 | | the City of West Frankfort, the Village of Libertyville, and | 13 | | the Village of Hoffman Estates set forth under items (67), | 14 | | (68), (69), (70), and (71) of subsection (c) of this Section. | 15 | | (Source: P.A. 102-117, eff. 7-23-21; 102-424, eff. 8-20-21; | 16 | | 102-425, eff. 8-20-21; 102-446, eff. 8-20-21; 102-473, eff. | 17 | | 8-20-21; 102-627, eff. 8-27-21; 102-675, eff. 11-30-21; | 18 | | 102-745, eff. 5-6-22; 102-818, eff. 5-13-22; 102-1113, eff. | 19 | | 12-21-22; 103-315, eff. 7-28-23; 103-575, eff. 12-8-23.) | 20 | | Section 99. Effective date. This Act takes effect upon | 21 | | becoming law. |
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