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92_SR0426 LRB9216798SMdvB 1 SENATE RESOLUTION 2 WHEREAS, Expansion and improvement of the Northeastern 3 Illinois region's aviation capacity has been the subject of 4 debate for over 25 years; and 5 WHEREAS, On December 5, 2001, Mayor Richard M. Daley and 6 Governor George Ryan reached an agreement that will provide 7 for, among other items, the expansion of O'Hare International 8 Airport; and 9 WHEREAS, The enlargement of the O'Hare International 10 Airport land boundaries will result in the acquisition of 11 real property in the O'Hare region; and 12 WHEREAS, Such a change in the ownership status and uses 13 of property will have an impact upon the property tax 14 structure of the various units of local government and school 15 districts in the region; therefore, be it 16 RESOLVED BY THE SENATE OF THE NINETY-SECOND GENERAL 17 ASSEMBLY OF THE STATE OF ILLINOIS, that the Institute of 18 Government and Public Affairs at the University of Illinois 19 shall conduct a study that shall analyze property values and 20 the loss of property taxes on those parcels acquired or to be 21 acquired by the City of Chicago or any entity for airport 22 expansion purposes, including, but not limited to, airport 23 facilities and roadway improvements at or around O'Hare 24 International Airport; and be it further 25 RESOLVED, That the Institute of Government and Public 26 Affairs at the University of Illinois shall prepare a report 27 that shall contain the following information, including, but 28 not limited to: 29 (1) the names of the units of local government and 30 school districts losing property tax dollars; 31 (2) the dollar amount of lost property taxes to -2- LRB9216798SMdvB 1 each unit of local government and school district; and 2 (3) the classification of each parcel of real 3 property acquired by the City of Chicago or any entity 4 for airport expansion purposes; and be it further 5 RESOLVED, That the report shall include the impact on 6 property values of those parcels whose boundaries abut the 7 expanded airport boundaries and the impact on the units of 8 local government and school districts affected by the 9 variance in property values; and be it further 10 RESOLVED, That the report shall include the impact on the 11 property values of real property surrounding those parcels 12 abutting the expanded airport boundaries and the impact on 13 the units of local government and school districts affected 14 or potentially affected by the expansion; and be it further 15 RESOLVED, That the Institute of Government and Public 16 Affairs at the University of Illinois file the report on or 17 before November 11, 2002 with the Office of the Governor of 18 the State of Illinois, the Mayor of the City of Chicago, the 19 President of the Illinois Senate, the Speaker of the Illinois 20 House of Representatives, the Minority Leader of the Illinois 21 Senate, the Minority Leader of the Illinois House of 22 Representatives, the Director of the Illinois Department of 23 Revenue, and the State Superintendent of Education; and be it 24 further 25 RESOLVED, That copies of the report shall be distributed 26 by the Illinois Department of Revenue to all units of local 27 government whose tax base is affected or may be affected by 28 the expansion of O'Hare International Airport and copies 29 shall be distributed by the Illinois State Board of Education 30 to all school districts whose tax base is affected or may be 31 affected by the expansion of O'Hare International Airport.