Illinois 2023-2024 Regular Session

Illinois Senate Bill SB2712 Compare Versions

Only one version of the bill is available at this time.
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11 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 SB2712 Introduced 1/10/2024, by Sen. Sue Rezin SYNOPSIS AS INTRODUCED: 65 ILCS 5/11-74.4-3.5 Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs for an ordinance adopted on August 29, 2006 by the City of Ottawa establishing the Ottawa Dayton Industrial TIF District. Creates tax increment allocation financing extensions to the 47th year (currently, the 35th year) for ordinances adopted by the City of Ottawa on December 29, 1993 and September 20, 1994 if the City of Ottawa adopts specified ordinances and provides notice to the taxing bodies that would otherwise constitute the joint review board of each redevelopment project area. Effective immediately. LRB103 36076 AWJ 66165 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 SB2712 Introduced 1/10/2024, by Sen. Sue Rezin SYNOPSIS AS INTRODUCED: 65 ILCS 5/11-74.4-3.5 65 ILCS 5/11-74.4-3.5 Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs for an ordinance adopted on August 29, 2006 by the City of Ottawa establishing the Ottawa Dayton Industrial TIF District. Creates tax increment allocation financing extensions to the 47th year (currently, the 35th year) for ordinances adopted by the City of Ottawa on December 29, 1993 and September 20, 1994 if the City of Ottawa adopts specified ordinances and provides notice to the taxing bodies that would otherwise constitute the joint review board of each redevelopment project area. Effective immediately. LRB103 36076 AWJ 66165 b LRB103 36076 AWJ 66165 b A BILL FOR
22 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 SB2712 Introduced 1/10/2024, by Sen. Sue Rezin SYNOPSIS AS INTRODUCED:
33 65 ILCS 5/11-74.4-3.5 65 ILCS 5/11-74.4-3.5
44 65 ILCS 5/11-74.4-3.5
55 Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs for an ordinance adopted on August 29, 2006 by the City of Ottawa establishing the Ottawa Dayton Industrial TIF District. Creates tax increment allocation financing extensions to the 47th year (currently, the 35th year) for ordinances adopted by the City of Ottawa on December 29, 1993 and September 20, 1994 if the City of Ottawa adopts specified ordinances and provides notice to the taxing bodies that would otherwise constitute the joint review board of each redevelopment project area. Effective immediately.
66 LRB103 36076 AWJ 66165 b LRB103 36076 AWJ 66165 b
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88 A BILL FOR
99 SB2712LRB103 36076 AWJ 66165 b SB2712 LRB103 36076 AWJ 66165 b
1010 SB2712 LRB103 36076 AWJ 66165 b
1111 1 AN ACT concerning local government.
1212 2 Be it enacted by the People of the State of Illinois,
1313 3 represented in the General Assembly:
1414 4 Section 5. The Illinois Municipal Code is amended by
1515 5 changing Section 11-74.4-3.5 as follows:
1616 6 (65 ILCS 5/11-74.4-3.5)
1717 7 Sec. 11-74.4-3.5. Completion dates for redevelopment
1818 8 projects.
1919 9 (a) Unless otherwise stated in this Section, the estimated
2020 10 dates of completion of the redevelopment project and
2121 11 retirement of obligations issued to finance redevelopment
2222 12 project costs (including refunding bonds under Section
2323 13 11-74.4-7) may not be later than December 31 of the year in
2424 14 which the payment to the municipal treasurer, as provided in
2525 15 subsection (b) of Section 11-74.4-8 of this Act, is to be made
2626 16 with respect to ad valorem taxes levied in the 23rd calendar
2727 17 year after the year in which the ordinance approving the
2828 18 redevelopment project area was adopted if the ordinance was
2929 19 adopted on or after January 15, 1981.
3030 20 (a-5) If the redevelopment project area is located within
3131 21 a transit facility improvement area established pursuant to
3232 22 Section 11-74.4-3, the estimated dates of completion of the
3333 23 redevelopment project and retirement of obligations issued to
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3737 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 SB2712 Introduced 1/10/2024, by Sen. Sue Rezin SYNOPSIS AS INTRODUCED:
3838 65 ILCS 5/11-74.4-3.5 65 ILCS 5/11-74.4-3.5
3939 65 ILCS 5/11-74.4-3.5
4040 Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs for an ordinance adopted on August 29, 2006 by the City of Ottawa establishing the Ottawa Dayton Industrial TIF District. Creates tax increment allocation financing extensions to the 47th year (currently, the 35th year) for ordinances adopted by the City of Ottawa on December 29, 1993 and September 20, 1994 if the City of Ottawa adopts specified ordinances and provides notice to the taxing bodies that would otherwise constitute the joint review board of each redevelopment project area. Effective immediately.
4141 LRB103 36076 AWJ 66165 b LRB103 36076 AWJ 66165 b
4242 LRB103 36076 AWJ 66165 b
4343 A BILL FOR
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6868 1 finance redevelopment project costs (including refunding bonds
6969 2 under Section 11-74.4-7) may not be later than December 31 of
7070 3 the year in which the payment to the municipal treasurer, as
7171 4 provided in subsection (b) of Section 11-74.4-8 of this Act,
7272 5 is to be made with respect to ad valorem taxes levied in the
7373 6 35th calendar year after the year in which the ordinance
7474 7 approving the redevelopment project area was adopted.
7575 8 (a-7) A municipality may adopt tax increment financing for
7676 9 a redevelopment project area located in a transit facility
7777 10 improvement area that also includes real property located
7878 11 within an existing redevelopment project area established
7979 12 prior to August 12, 2016 (the effective date of Public Act
8080 13 99-792). In such case: (i) the provisions of this Division
8181 14 shall apply with respect to the previously established
8282 15 redevelopment project area until the municipality adopts, as
8383 16 required in accordance with applicable provisions of this
8484 17 Division, an ordinance dissolving the special tax allocation
8585 18 fund for such redevelopment project area and terminating the
8686 19 designation of such redevelopment project area as a
8787 20 redevelopment project area; and (ii) after the effective date
8888 21 of the ordinance described in (i), the provisions of this
8989 22 Division shall apply with respect to the subsequently
9090 23 established redevelopment project area located in a transit
9191 24 facility improvement area.
9292 25 (b) The estimated dates of completion of the redevelopment
9393 26 project and retirement of obligations issued to finance
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104104 1 redevelopment project costs (including refunding bonds under
105105 2 Section 11-74.4-7) may not be later than December 31 of the
106106 3 year in which the payment to the municipal treasurer as
107107 4 provided in subsection (b) of Section 11-74.4-8 of this Act is
108108 5 to be made with respect to ad valorem taxes levied in the 32nd
109109 6 calendar year after the year in which the ordinance approving
110110 7 the redevelopment project area was adopted if the ordinance
111111 8 was adopted on September 9, 1999 by the Village of Downs.
112112 9 The estimated dates of completion of the redevelopment
113113 10 project and retirement of obligations issued to finance
114114 11 redevelopment project costs (including refunding bonds under
115115 12 Section 11-74.4-7) may not be later than December 31 of the
116116 13 year in which the payment to the municipal treasurer as
117117 14 provided in subsection (b) of Section 11-74.4-8 of this Act is
118118 15 to be made with respect to ad valorem taxes levied in the 33rd
119119 16 calendar year after the year in which the ordinance approving
120120 17 the redevelopment project area was adopted if the ordinance
121121 18 was adopted on May 20, 1985 by the Village of Wheeling.
122122 19 The estimated dates of completion of the redevelopment
123123 20 project and retirement of obligations issued to finance
124124 21 redevelopment project costs (including refunding bonds under
125125 22 Section 11-74.4-7) may not be later than December 31 of the
126126 23 year in which the payment to the municipal treasurer as
127127 24 provided in subsection (b) of Section 11-74.4-8 of this Act is
128128 25 to be made with respect to ad valorem taxes levied in the 28th
129129 26 calendar year after the year in which the ordinance approving
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140140 1 the redevelopment project area was adopted if the ordinance
141141 2 was adopted on October 12, 1989 by the City of Lawrenceville.
142142 3 (c) The estimated dates of completion of the redevelopment
143143 4 project and retirement of obligations issued to finance
144144 5 redevelopment project costs (including refunding bonds under
145145 6 Section 11-74.4-7) may not be later than December 31 of the
146146 7 year in which the payment to the municipal treasurer as
147147 8 provided in subsection (b) of Section 11-74.4-8 of this Act is
148148 9 to be made with respect to ad valorem taxes levied in the 35th
149149 10 calendar year after the year in which the ordinance approving
150150 11 the redevelopment project area was adopted:
151151 12 (1) If the ordinance was adopted before January 15,
152152 13 1981.
153153 14 (2) If the ordinance was adopted in December 1983,
154154 15 April 1984, July 1985, or December 1989.
155155 16 (3) If the ordinance was adopted in December 1987 and
156156 17 the redevelopment project is located within one mile of
157157 18 Midway Airport.
158158 19 (4) If the ordinance was adopted before January 1,
159159 20 1987 by a municipality in Mason County.
160160 21 (5) If the municipality is subject to the Local
161161 22 Government Financial Planning and Supervision Act or the
162162 23 Financially Distressed City Law.
163163 24 (6) If the ordinance was adopted in December 1984 by
164164 25 the Village of Rosemont.
165165 26 (7) If the ordinance was adopted on December 31, 1986
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176176 1 by a municipality located in Clinton County for which at
177177 2 least $250,000 of tax increment bonds were authorized on
178178 3 June 17, 1997, or if the ordinance was adopted on December
179179 4 31, 1986 by a municipality with a population in 1990 of
180180 5 less than 3,600 that is located in a county with a
181181 6 population in 1990 of less than 34,000 and for which at
182182 7 least $250,000 of tax increment bonds were authorized on
183183 8 June 17, 1997.
184184 9 (8) If the ordinance was adopted on October 5, 1982 by
185185 10 the City of Kankakee, or if the ordinance was adopted on
186186 11 December 29, 1986 by East St. Louis.
187187 12 (9) If the ordinance was adopted on November 12, 1991
188188 13 by the Village of Sauget.
189189 14 (10) If the ordinance was adopted on February 11, 1985
190190 15 by the City of Rock Island.
191191 16 (11) If the ordinance was adopted before December 18,
192192 17 1986 by the City of Moline.
193193 18 (12) If the ordinance was adopted in September 1988 by
194194 19 Sauk Village.
195195 20 (13) If the ordinance was adopted in October 1993 by
196196 21 Sauk Village.
197197 22 (14) If the ordinance was adopted on December 29, 1986
198198 23 by the City of Galva.
199199 24 (15) If the ordinance was adopted in March 1991 by the
200200 25 City of Centreville.
201201 26 (16) If the ordinance was adopted on January 23, 1991
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212212 1 by the City of East St. Louis.
213213 2 (17) If the ordinance was adopted on December 22, 1986
214214 3 by the City of Aledo.
215215 4 (18) If the ordinance was adopted on February 5, 1990
216216 5 by the City of Clinton.
217217 6 (19) If the ordinance was adopted on September 6, 1994
218218 7 by the City of Freeport.
219219 8 (20) If the ordinance was adopted on December 22, 1986
220220 9 by the City of Tuscola.
221221 10 (21) If the ordinance was adopted on December 23, 1986
222222 11 by the City of Sparta.
223223 12 (22) If the ordinance was adopted on December 23, 1986
224224 13 by the City of Beardstown.
225225 14 (23) If the ordinance was adopted on April 27, 1981,
226226 15 October 21, 1985, or December 30, 1986 by the City of
227227 16 Belleville.
228228 17 (24) If the ordinance was adopted on December 29, 1986
229229 18 by the City of Collinsville.
230230 19 (25) If the ordinance was adopted on September 14,
231231 20 1994 by the City of Alton.
232232 21 (26) If the ordinance was adopted on November 11, 1996
233233 22 by the City of Lexington.
234234 23 (27) If the ordinance was adopted on November 5, 1984
235235 24 by the City of LeRoy.
236236 25 (28) If the ordinance was adopted on April 3, 1991 or
237237 26 June 3, 1992 by the City of Markham.
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248248 1 (29) If the ordinance was adopted on November 11, 1986
249249 2 by the City of Pekin.
250250 3 (30) If the ordinance was adopted on December 15, 1981
251251 4 by the City of Champaign.
252252 5 (31) If the ordinance was adopted on December 15, 1986
253253 6 by the City of Urbana.
254254 7 (32) If the ordinance was adopted on December 15, 1986
255255 8 by the Village of Heyworth.
256256 9 (33) If the ordinance was adopted on February 24, 1992
257257 10 by the Village of Heyworth.
258258 11 (34) If the ordinance was adopted on March 16, 1995 by
259259 12 the Village of Heyworth.
260260 13 (35) If the ordinance was adopted on December 23, 1986
261261 14 by the Town of Cicero.
262262 15 (36) If the ordinance was adopted on December 30, 1986
263263 16 by the City of Effingham.
264264 17 (37) If the ordinance was adopted on May 9, 1991 by the
265265 18 Village of Tilton.
266266 19 (38) If the ordinance was adopted on October 20, 1986
267267 20 by the City of Elmhurst.
268268 21 (39) If the ordinance was adopted on January 19, 1988
269269 22 by the City of Waukegan.
270270 23 (40) If the ordinance was adopted on September 21,
271271 24 1998 by the City of Waukegan.
272272 25 (41) If the ordinance was adopted on December 31, 1986
273273 26 by the City of Sullivan.
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284284 1 (42) If the ordinance was adopted on December 23, 1991
285285 2 by the City of Sullivan.
286286 3 (43) If the ordinance was adopted on December 31, 1986
287287 4 by the City of Oglesby.
288288 5 (44) If the ordinance was adopted on July 28, 1987 by
289289 6 the City of Marion.
290290 7 (45) If the ordinance was adopted on April 23, 1990 by
291291 8 the City of Marion.
292292 9 (46) If the ordinance was adopted on August 20, 1985
293293 10 by the Village of Mount Prospect.
294294 11 (47) If the ordinance was adopted on February 2, 1998
295295 12 by the Village of Woodhull.
296296 13 (48) If the ordinance was adopted on April 20, 1993 by
297297 14 the Village of Princeville.
298298 15 (49) If the ordinance was adopted on July 1, 1986 by
299299 16 the City of Granite City.
300300 17 (50) If the ordinance was adopted on February 2, 1989
301301 18 by the Village of Lombard.
302302 19 (51) If the ordinance was adopted on December 29, 1986
303303 20 by the Village of Gardner.
304304 21 (52) If the ordinance was adopted on July 14, 1999 by
305305 22 the Village of Paw Paw.
306306 23 (53) If the ordinance was adopted on November 17, 1986
307307 24 by the Village of Franklin Park.
308308 25 (54) If the ordinance was adopted on November 20, 1989
309309 26 by the Village of South Holland.
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320320 1 (55) If the ordinance was adopted on July 14, 1992 by
321321 2 the Village of Riverdale.
322322 3 (56) If the ordinance was adopted on December 29, 1986
323323 4 by the City of Galesburg.
324324 5 (57) If the ordinance was adopted on April 1, 1985 by
325325 6 the City of Galesburg.
326326 7 (58) If the ordinance was adopted on May 21, 1990 by
327327 8 the City of West Chicago.
328328 9 (59) If the ordinance was adopted on December 16, 1986
329329 10 by the City of Oak Forest.
330330 11 (60) If the ordinance was adopted in 1999 by the City
331331 12 of Villa Grove.
332332 13 (61) If the ordinance was adopted on January 13, 1987
333333 14 by the Village of Mt. Zion.
334334 15 (62) If the ordinance was adopted on December 30, 1986
335335 16 by the Village of Manteno.
336336 17 (63) If the ordinance was adopted on April 3, 1989 by
337337 18 the City of Chicago Heights.
338338 19 (64) If the ordinance was adopted on January 6, 1999
339339 20 by the Village of Rosemont.
340340 21 (65) If the ordinance was adopted on December 19, 2000
341341 22 by the Village of Stone Park.
342342 23 (66) If the ordinance was adopted on December 22, 1986
343343 24 by the City of DeKalb.
344344 25 (67) If the ordinance was adopted on December 2, 1986
345345 26 by the City of Aurora.
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356356 1 (68) If the ordinance was adopted on December 31, 1986
357357 2 by the Village of Milan.
358358 3 (69) If the ordinance was adopted on September 8, 1994
359359 4 by the City of West Frankfort.
360360 5 (70) If the ordinance was adopted on December 23, 1986
361361 6 by the Village of Libertyville.
362362 7 (71) If the ordinance was adopted on December 22, 1986
363363 8 by the Village of Hoffman Estates.
364364 9 (72) If the ordinance was adopted on September 17,
365365 10 1986 by the Village of Sherman.
366366 11 (73) If the ordinance was adopted on December 16, 1986
367367 12 by the City of Macomb.
368368 13 (74) If the ordinance was adopted on June 11, 2002 by
369369 14 the City of East Peoria to create the West Washington
370370 15 Street TIF.
371371 16 (75) If the ordinance was adopted on June 11, 2002 by
372372 17 the City of East Peoria to create the Camp Street TIF.
373373 18 (76) If the ordinance was adopted on August 7, 2000 by
374374 19 the City of Des Plaines.
375375 20 (77) If the ordinance was adopted on December 22, 1986
376376 21 by the City of Washington to create the Washington Square
377377 22 TIF #2.
378378 23 (78) If the ordinance was adopted on December 29, 1986
379379 24 by the City of Morris.
380380 25 (79) If the ordinance was adopted on July 6, 1998 by
381381 26 the Village of Steeleville.
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392392 1 (80) If the ordinance was adopted on December 29, 1986
393393 2 by the City of Pontiac to create TIF I (the Main St TIF).
394394 3 (81) If the ordinance was adopted on December 29, 1986
395395 4 by the City of Pontiac to create TIF II (the Interstate
396396 5 TIF).
397397 6 (82) If the ordinance was adopted on November 6, 2002
398398 7 by the City of Chicago to create the Madden/Wells TIF
399399 8 District.
400400 9 (83) If the ordinance was adopted on November 4, 1998
401401 10 by the City of Chicago to create the Roosevelt/Racine TIF
402402 11 District.
403403 12 (84) If the ordinance was adopted on June 10, 1998 by
404404 13 the City of Chicago to create the Stony Island
405405 14 Commercial/Burnside Industrial Corridors TIF District.
406406 15 (85) If the ordinance was adopted on November 29, 1989
407407 16 by the City of Chicago to create the Englewood Mall TIF
408408 17 District.
409409 18 (86) If the ordinance was adopted on December 27, 1986
410410 19 by the City of Mendota.
411411 20 (87) If the ordinance was adopted on December 31, 1986
412412 21 by the Village of Cahokia.
413413 22 (88) If the ordinance was adopted on September 20,
414414 23 1999 by the City of Belleville.
415415 24 (89) If the ordinance was adopted on December 30, 1986
416416 25 by the Village of Bellevue to create the Bellevue TIF
417417 26 District 1.
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428428 1 (90) If the ordinance was adopted on December 13, 1993
429429 2 by the Village of Crete.
430430 3 (91) If the ordinance was adopted on February 12, 2001
431431 4 by the Village of Crete.
432432 5 (92) If the ordinance was adopted on April 23, 2001 by
433433 6 the Village of Crete.
434434 7 (93) If the ordinance was adopted on December 16, 1986
435435 8 by the City of Champaign.
436436 9 (94) If the ordinance was adopted on December 20, 1986
437437 10 by the City of Charleston.
438438 11 (95) If the ordinance was adopted on June 6, 1989 by
439439 12 the Village of Romeoville.
440440 13 (96) If the ordinance was adopted on October 14, 1993
441441 14 and amended on August 2, 2010 by the City of Venice.
442442 15 (97) If the ordinance was adopted on June 1, 1994 by
443443 16 the City of Markham.
444444 17 (98) If the ordinance was adopted on May 19, 1998 by
445445 18 the Village of Bensenville.
446446 19 (99) If the ordinance was adopted on November 12, 1987
447447 20 by the City of Dixon.
448448 21 (100) If the ordinance was adopted on December 20,
449449 22 1988 by the Village of Lansing.
450450 23 (101) If the ordinance was adopted on October 27, 1998
451451 24 by the City of Moline.
452452 25 (102) If the ordinance was adopted on May 21, 1991 by
453453 26 the Village of Glenwood.
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464464 1 (103) If the ordinance was adopted on January 28, 1992
465465 2 by the City of East Peoria.
466466 3 (104) If the ordinance was adopted on December 14,
467467 4 1998 by the City of Carlyle.
468468 5 (105) If the ordinance was adopted on May 17, 2000, as
469469 6 subsequently amended, by the City of Chicago to create the
470470 7 Midwest Redevelopment TIF District.
471471 8 (106) If the ordinance was adopted on September 13,
472472 9 1989 by the City of Chicago to create the Michigan/Cermak
473473 10 Area TIF District.
474474 11 (107) If the ordinance was adopted on March 30, 1992
475475 12 by the Village of Ohio.
476476 13 (108) If the ordinance was adopted on July 6, 1998 by
477477 14 the Village of Orangeville.
478478 15 (109) If the ordinance was adopted on December 16,
479479 16 1997 by the Village of Germantown.
480480 17 (110) If the ordinance was adopted on April 28, 2003
481481 18 by Gibson City.
482482 19 (111) If the ordinance was adopted on December 18,
483483 20 1990 by the Village of Washington Park, but only after the
484484 21 Village of Washington Park becomes compliant with the
485485 22 reporting requirements under subsection (d) of Section
486486 23 11-74.4-5, and after the State Comptroller's certification
487487 24 of such compliance.
488488 25 (112) If the ordinance was adopted on February 28,
489489 26 2000 by the City of Harvey.
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500500 1 (113) If the ordinance was adopted on January 11, 1991
501501 2 by the City of Chicago to create the Read/Dunning TIF
502502 3 District.
503503 4 (114) If the ordinance was adopted on July 24, 1991 by
504504 5 the City of Chicago to create the Sanitary and Ship Canal
505505 6 TIF District.
506506 7 (115) If the ordinance was adopted on December 4, 2007
507507 8 by the City of Naperville.
508508 9 (116) If the ordinance was adopted on July 1, 2002 by
509509 10 the Village of Arlington Heights.
510510 11 (117) If the ordinance was adopted on February 11,
511511 12 1991 by the Village of Machesney Park.
512512 13 (118) If the ordinance was adopted on December 29,
513513 14 1993 by the City of Ottawa.
514514 15 (119) If the ordinance was adopted on June 4, 1991 by
515515 16 the Village of Lansing.
516516 17 (120) If the ordinance was adopted on February 10,
517517 18 2004 by the Village of Fox Lake.
518518 19 (121) If the ordinance was adopted on December 22,
519519 20 1992 by the City of Fairfield.
520520 21 (122) If the ordinance was adopted on February 10,
521521 22 1992 by the City of Mt. Sterling.
522522 23 (123) If the ordinance was adopted on March 15, 2004
523523 24 by the City of Batavia.
524524 25 (124) If the ordinance was adopted on March 18, 2002
525525 26 by the Village of Lake Zurich.
526526
527527
528528
529529
530530
531531 SB2712 - 14 - LRB103 36076 AWJ 66165 b
532532
533533
534534 SB2712- 15 -LRB103 36076 AWJ 66165 b SB2712 - 15 - LRB103 36076 AWJ 66165 b
535535 SB2712 - 15 - LRB103 36076 AWJ 66165 b
536536 1 (125) If the ordinance was adopted on September 23,
537537 2 1997 by the City of Granite City.
538538 3 (126) If the ordinance was adopted on May 8, 2013 by
539539 4 the Village of Rosemont to create the Higgins Road/River
540540 5 Road TIF District No. 6.
541541 6 (127) If the ordinance was adopted on November 22,
542542 7 1993 by the City of Arcola.
543543 8 (128) If the ordinance was adopted on September 7,
544544 9 2004 by the City of Arcola.
545545 10 (129) If the ordinance was adopted on November 29,
546546 11 1999 by the City of Paris.
547547 12 (130) If the ordinance was adopted on September 20,
548548 13 1994 by the City of Ottawa to create the U.S. Route 6 East
549549 14 Ottawa TIF.
550550 15 (131) If the ordinance was adopted on May 2, 2002 by
551551 16 the Village of Crestwood.
552552 17 (132) If the ordinance was adopted on October 27, 1992
553553 18 by the City of Blue Island.
554554 19 (133) If the ordinance was adopted on December 23,
555555 20 1993 by the City of Lacon.
556556 21 (134) If the ordinance was adopted on May 4, 1998 by
557557 22 the Village of Bradford.
558558 23 (135) If the ordinance was adopted on June 11, 2002 by
559559 24 the City of Oak Forest.
560560 25 (136) If the ordinance was adopted on November 16,
561561 26 1992 by the City of Pinckneyville.
562562
563563
564564
565565
566566
567567 SB2712 - 15 - LRB103 36076 AWJ 66165 b
568568
569569
570570 SB2712- 16 -LRB103 36076 AWJ 66165 b SB2712 - 16 - LRB103 36076 AWJ 66165 b
571571 SB2712 - 16 - LRB103 36076 AWJ 66165 b
572572 1 (137) If the ordinance was adopted on March 1, 2001 by
573573 2 the Village of South Jacksonville.
574574 3 (138) If the ordinance was adopted on February 26,
575575 4 1992 by the City of Chicago to create the Stockyards
576576 5 Southeast Quadrant TIF District.
577577 6 (139) If the ordinance was adopted on January 25, 1993
578578 7 by the City of LaSalle.
579579 8 (140) If the ordinance was adopted on December 23,
580580 9 1997 by the Village of Dieterich.
581581 10 (141) If the ordinance was adopted on February 10,
582582 11 2016 by the Village of Rosemont to create the
583583 12 Balmoral/Pearl TIF No. 8 Tax Increment Financing
584584 13 Redevelopment Project Area.
585585 14 (142) If the ordinance was adopted on June 11, 2002 by
586586 15 the City of Oak Forest.
587587 16 (143) If the ordinance was adopted on January 31, 1995
588588 17 by the Village of Milledgeville.
589589 18 (144) If the ordinance was adopted on February 5, 1996
590590 19 by the Village of Pearl City.
591591 20 (145) If the ordinance was adopted on December 21,
592592 21 1994 by the City of Calumet City.
593593 22 (146) If the ordinance was adopted on May 5, 2003 by
594594 23 the Town of Normal.
595595 24 (147) If the ordinance was adopted on June 2, 1998 by
596596 25 the City of Litchfield.
597597 26 (148) If the ordinance was adopted on October 23, 1995
598598
599599
600600
601601
602602
603603 SB2712 - 16 - LRB103 36076 AWJ 66165 b
604604
605605
606606 SB2712- 17 -LRB103 36076 AWJ 66165 b SB2712 - 17 - LRB103 36076 AWJ 66165 b
607607 SB2712 - 17 - LRB103 36076 AWJ 66165 b
608608 1 by the City of Marion.
609609 2 (149) If the ordinance was adopted on May 24, 2001 by
610610 3 the Village of Hanover Park.
611611 4 (150) If the ordinance was adopted on May 30, 1995 by
612612 5 the Village of Dalzell.
613613 6 (151) If the ordinance was adopted on April 15, 1997
614614 7 by the City of Edwardsville.
615615 8 (152) If the ordinance was adopted on September 5,
616616 9 1995 by the City of Granite City.
617617 10 (153) If the ordinance was adopted on June 21, 1999 by
618618 11 the Village of Table Grove.
619619 12 (154) If the ordinance was adopted on February 23,
620620 13 1995 by the City of Springfield.
621621 14 (155) If the ordinance was adopted on August 11, 1999
622622 15 by the City of Monmouth.
623623 16 (156) If the ordinance was adopted on December 26,
624624 17 1995 by the Village of Posen.
625625 18 (157) If the ordinance was adopted on July 1, 1995 by
626626 19 the Village of Caseyville.
627627 20 (158) If the ordinance was adopted on January 30, 1996
628628 21 by the City of Madison.
629629 22 (159) If the ordinance was adopted on February 2, 1996
630630 23 by the Village of Hartford.
631631 24 (160) If the ordinance was adopted on July 2, 1996 by
632632 25 the Village of Manlius.
633633 26 (161) If the ordinance was adopted on March 21, 2000
634634
635635
636636
637637
638638
639639 SB2712 - 17 - LRB103 36076 AWJ 66165 b
640640
641641
642642 SB2712- 18 -LRB103 36076 AWJ 66165 b SB2712 - 18 - LRB103 36076 AWJ 66165 b
643643 SB2712 - 18 - LRB103 36076 AWJ 66165 b
644644 1 by the City of Hoopeston.
645645 2 (162) If the ordinance was adopted on March 22, 2005
646646 3 by the City of Hoopeston.
647647 4 (163) If the ordinance was adopted on July 10, 1996 by
648648 5 the City of Chicago to create the Goose Island TIF
649649 6 District.
650650 7 (164) If the ordinance was adopted on December 11,
651651 8 1996 by the City of Chicago to create the Bryn
652652 9 Mawr/Broadway TIF District.
653653 10 (165) If the ordinance was adopted on December 31,
654654 11 1995 by the City of Chicago to create the 95th/Western TIF
655655 12 District.
656656 13 (166) If the ordinance was adopted on October 7, 1998
657657 14 by the City of Chicago to create the 71st and Stony Island
658658 15 TIF District.
659659 16 (167) If the ordinance was adopted on April 19, 1995
660660 17 by the Village of North Utica.
661661 18 (168) If the ordinance was adopted on April 22, 1996
662662 19 by the City of LaSalle.
663663 20 (169) If the ordinance was adopted on June 9, 2008 by
664664 21 the City of Country Club Hills.
665665 22 (170) If the ordinance was adopted on July 3, 1996 by
666666 23 the Village of Phoenix.
667667 24 (171) If the ordinance was adopted on May 19, 1997 by
668668 25 the Village of Swansea.
669669 26 (172) If the ordinance was adopted on August 13, 2001
670670
671671
672672
673673
674674
675675 SB2712 - 18 - LRB103 36076 AWJ 66165 b
676676
677677
678678 SB2712- 19 -LRB103 36076 AWJ 66165 b SB2712 - 19 - LRB103 36076 AWJ 66165 b
679679 SB2712 - 19 - LRB103 36076 AWJ 66165 b
680680 1 by the Village of Saunemin.
681681 2 (173) If the ordinance was adopted on January 10, 2005
682682 3 by the Village of Romeoville.
683683 4 (174) If the ordinance was adopted on January 28, 1997
684684 5 by the City of Berwyn for the South Berwyn Corridor Tax
685685 6 Increment Financing District.
686686 7 (175) If the ordinance was adopted on January 28, 1997
687687 8 by the City of Berwyn for the Roosevelt Road Tax Increment
688688 9 Financing District.
689689 10 (176) If the ordinance was adopted on May 3, 2001 by
690690 11 the Village of Hanover Park for the Village Center Tax
691691 12 Increment Financing Redevelopment Project Area (TIF # 3).
692692 13 (177) If the ordinance was adopted on January 1, 1996
693693 14 by the City of Savanna.
694694 15 (178) If the ordinance was adopted on January 28, 2002
695695 16 by the Village of Okawville.
696696 17 (179) If the ordinance was adopted on October 4, 1999
697697 18 by the City of Vandalia.
698698 19 (180) If the ordinance was adopted on June 16, 2003 by
699699 20 the City of Rushville.
700700 21 (181) If the ordinance was adopted on December 7, 1998
701701 22 by the City of Quincy for the Central Business District
702702 23 West Tax Increment Redevelopment Project Area.
703703 24 (182) If the ordinance was adopted on March 27, 1997
704704 25 by the Village of Maywood approving the Roosevelt Road TIF
705705 26 District.
706706
707707
708708
709709
710710
711711 SB2712 - 19 - LRB103 36076 AWJ 66165 b
712712
713713
714714 SB2712- 20 -LRB103 36076 AWJ 66165 b SB2712 - 20 - LRB103 36076 AWJ 66165 b
715715 SB2712 - 20 - LRB103 36076 AWJ 66165 b
716716 1 (183) If the ordinance was adopted on March 27, 1997
717717 2 by the Village of Maywood approving the Madison
718718 3 Street/Fifth Avenue TIF District.
719719 4 (184) If the ordinance was adopted on November 10,
720720 5 1997 by the Village of Park Forest.
721721 6 (185) If the ordinance was adopted on July 30, 1997 by
722722 7 the City of Chicago to create the Near North TIF district.
723723 8 (186) If the ordinance was adopted on December 1, 2000
724724 9 by the Village of Mahomet.
725725 10 (187) If the ordinance was adopted on June 16, 1999 by
726726 11 the Village of Washburn.
727727 12 (188) If the ordinance was adopted on August 19, 1998
728728 13 by the Village of New Berlin.
729729 14 (189) If the ordinance was adopted on February 5, 2002
730730 15 by the City of Highwood.
731731 16 (190) If the ordinance was adopted on June 1, 1997 by
732732 17 the City of Flora.
733733 18 (191) If the ordinance was adopted on August 17, 1999
734734 19 by the City of Ottawa.
735735 20 (192) If the ordinance was adopted on June 13, 2005 by
736736 21 the City of Mount Carroll.
737737 22 (193) If the ordinance was adopted on March 25, 2008
738738 23 by the Village of Elizabeth.
739739 24 (194) If the ordinance was adopted on February 22,
740740 25 2000 by the City of Mount Pulaski.
741741 26 (195) If the ordinance was adopted on November 21,
742742
743743
744744
745745
746746
747747 SB2712 - 20 - LRB103 36076 AWJ 66165 b
748748
749749
750750 SB2712- 21 -LRB103 36076 AWJ 66165 b SB2712 - 21 - LRB103 36076 AWJ 66165 b
751751 SB2712 - 21 - LRB103 36076 AWJ 66165 b
752752 1 2000 by the City of Effingham.
753753 2 (196) If the ordinance was adopted on January 28, 2003
754754 3 by the City of Effingham.
755755 4 (197) If the ordinance was adopted on February 4, 2008
756756 5 by the City of Polo.
757757 6 (198) If the ordinance was adopted on August 17, 2005
758758 7 by the Village of Bellwood to create the Park Place TIF.
759759 8 (199) If the ordinance was adopted on July 16, 2014 by
760760 9 the Village of Bellwood to create the North-2014 TIF.
761761 10 (200) If the ordinance was adopted on July 16, 2014 by
762762 11 the Village of Bellwood to create the South-2014 TIF.
763763 12 (201) If the ordinance was adopted on July 16, 2014 by
764764 13 the Village of Bellwood to create the Central Metro-2014
765765 14 TIF.
766766 15 (202) If the ordinance was adopted on September 17,
767767 16 2014 by the Village of Bellwood to create the Addison
768768 17 Creek "A" (Southwest)-2014 TIF.
769769 18 (203) If the ordinance was adopted on September 17,
770770 19 2014 by the Village of Bellwood to create the Addison
771771 20 Creek "B" (Northwest)-2014 TIF.
772772 21 (204) If the ordinance was adopted on September 17,
773773 22 2014 by the Village of Bellwood to create the Addison
774774 23 Creek "C" (Northeast)-2014 TIF.
775775 24 (205) If the ordinance was adopted on September 17,
776776 25 2014 by the Village of Bellwood to create the Addison
777777 26 Creek "D" (Southeast)-2014 TIF.
778778
779779
780780
781781
782782
783783 SB2712 - 21 - LRB103 36076 AWJ 66165 b
784784
785785
786786 SB2712- 22 -LRB103 36076 AWJ 66165 b SB2712 - 22 - LRB103 36076 AWJ 66165 b
787787 SB2712 - 22 - LRB103 36076 AWJ 66165 b
788788 1 (206) If the ordinance was adopted on June 26, 2007 by
789789 2 the City of Peoria.
790790 3 (207) If the ordinance was adopted on October 28, 2008
791791 4 by the City of Peoria.
792792 5 (208) If the ordinance was adopted on April 4, 2000 by
793793 6 the City of Joliet to create the Joliet City Center TIF
794794 7 District.
795795 8 (209) If the ordinance was adopted on July 8, 1998 by
796796 9 the City of Chicago to create the 43rd/Cottage Grove TIF
797797 10 district.
798798 11 (210) If the ordinance was adopted on July 8, 1998 by
799799 12 the City of Chicago to create the 79th Street Corridor TIF
800800 13 district.
801801 14 (211) If the ordinance was adopted on November 4, 1998
802802 15 by the City of Chicago to create the Bronzeville TIF
803803 16 district.
804804 17 (212) If the ordinance was adopted on February 5, 1998
805805 18 by the City of Chicago to create the Homan/Arthington TIF
806806 19 district.
807807 20 (213) If the ordinance was adopted on December 8, 1998
808808 21 by the Village of Plainfield.
809809 22 (214) If the ordinance was adopted on July 17, 2000 by
810810 23 the Village of Homer.
811811 24 (215) If the ordinance was adopted on December 27,
812812 25 2006 by the City of Greenville.
813813 26 (216) If the ordinance was adopted on June 10, 1998 by
814814
815815
816816
817817
818818
819819 SB2712 - 22 - LRB103 36076 AWJ 66165 b
820820
821821
822822 SB2712- 23 -LRB103 36076 AWJ 66165 b SB2712 - 23 - LRB103 36076 AWJ 66165 b
823823 SB2712 - 23 - LRB103 36076 AWJ 66165 b
824824 1 the City of Chicago to create the Kinzie Industrial TIF
825825 2 district.
826826 3 (217) If the ordinance was adopted on December 2, 1998
827827 4 by the City of Chicago to create the Northwest Industrial
828828 5 TIF district.
829829 6 (218) If the ordinance was adopted on June 10, 1998 by
830830 7 the City of Chicago to create the Pilsen Industrial TIF
831831 8 district.
832832 9 (219) If the ordinance was adopted on January 14, 1997
833833 10 by the City of Chicago to create the 35th/Halsted TIF
834834 11 district.
835835 12 (220) If the ordinance was adopted on June 9, 1999 by
836836 13 the City of Chicago to create the Pulaski Corridor TIF
837837 14 district.
838838 15 (221) If the ordinance was adopted on December 16,
839839 16 1997 by the City of Springfield to create the Enos Park
840840 17 Neighborhood TIF District.
841841 18 (222) If the ordinance was adopted on February 5, 1998
842842 19 by the City of Chicago to create the Roosevelt/Cicero
843843 20 redevelopment project area.
844844 21 (223) If the ordinance was adopted on February 5, 1998
845845 22 by the City of Chicago to create the Western/Ogden
846846 23 redevelopment project area.
847847 24 (224) If the ordinance was adopted on July 21, 1999 by
848848 25 the City of Chicago to create the 24th/Michigan Avenue
849849 26 redevelopment project area.
850850
851851
852852
853853
854854
855855 SB2712 - 23 - LRB103 36076 AWJ 66165 b
856856
857857
858858 SB2712- 24 -LRB103 36076 AWJ 66165 b SB2712 - 24 - LRB103 36076 AWJ 66165 b
859859 SB2712 - 24 - LRB103 36076 AWJ 66165 b
860860 1 (225) If the ordinance was adopted on January 20, 1999
861861 2 by the City of Chicago to create the Woodlawn
862862 3 redevelopment project area.
863863 4 (226) If the ordinance was adopted on July 7, 1999 by
864864 5 the City of Chicago to create the Clark/Montrose
865865 6 redevelopment project area.
866866 7 (227) If the ordinance was adopted on November 4, 2003
867867 8 by the City of Madison to create the Rivers Edge
868868 9 redevelopment project area.
869869 10 (228) If the ordinance was adopted on August 12, 2003
870870 11 by the City of Madison to create the Caine Street
871871 12 redevelopment project area.
872872 13 (229) If the ordinance was adopted on March 7, 2000 by
873873 14 the City of Madison to create the East Madison TIF.
874874 15 (230) If the ordinance was adopted on August 3, 2001
875875 16 by the Village of Aviston.
876876 17 (231) If the ordinance was adopted on August 22, 2011
877877 18 by the Village of Warren.
878878 19 (232) If the ordinance was adopted on April 8, 1999 by
879879 20 the City of Farmer City.
880880 21 (233) If the ordinance was adopted on August 4, 1999
881881 22 by the Village of Fairmont City.
882882 23 (234) If the ordinance was adopted on October 2, 1999
883883 24 by the Village of Fairmont City.
884884 25 (235) If the ordinance was adopted December 16, 1999
885885 26 by the City of Springfield.
886886
887887
888888
889889
890890
891891 SB2712 - 24 - LRB103 36076 AWJ 66165 b
892892
893893
894894 SB2712- 25 -LRB103 36076 AWJ 66165 b SB2712 - 25 - LRB103 36076 AWJ 66165 b
895895 SB2712 - 25 - LRB103 36076 AWJ 66165 b
896896 1 (236) If the ordinance was adopted on December 13,
897897 2 1999 by the Village of Palatine to create the Village of
898898 3 Palatine Downtown Area TIF District.
899899 4 (237) If the ordinance was adopted on September 29,
900900 5 1999 by the City of Chicago to create the 111th/Kedzie
901901 6 redevelopment project area.
902902 7 (238) If the ordinance was adopted on November 12,
903903 8 1998 by the City of Chicago to create the Canal/Congress
904904 9 redevelopment project area.
905905 10 (239) If the ordinance was adopted on July 7, 1999 by
906906 11 the City of Chicago to create the Galewood/Armitage
907907 12 Industrial redevelopment project area.
908908 13 (240) If the ordinance was adopted on September 29,
909909 14 1999 by the City of Chicago to create the Madison/Austin
910910 15 Corridor redevelopment project area.
911911 16 (241) If the ordinance was adopted on April 12, 2000
912912 17 by the City of Chicago to create the South Chicago
913913 18 redevelopment project area.
914914 19 (242) If the ordinance was adopted on January 9, 2002
915915 20 by the Village of Elkhart.
916916 21 (243) If the ordinance was adopted on May 23, 2000 by
917917 22 the City of Robinson to create the West Robinson
918918 23 Industrial redevelopment project area.
919919 24 (244) If the ordinance was adopted on October 9, 2001
920920 25 by the City of Robinson to create the Downtown Robinson
921921 26 redevelopment project area.
922922
923923
924924
925925
926926
927927 SB2712 - 25 - LRB103 36076 AWJ 66165 b
928928
929929
930930 SB2712- 26 -LRB103 36076 AWJ 66165 b SB2712 - 26 - LRB103 36076 AWJ 66165 b
931931 SB2712 - 26 - LRB103 36076 AWJ 66165 b
932932 1 (245) If the ordinance was adopted on September 19,
933933 2 2000 by the Village of Valmeyer.
934934 3 (246) If the ordinance was adopted on April 15, 2002
935935 4 by the City of McHenry to create the Downtown TIF
936936 5 district.
937937 6 (247) If the ordinance was adopted on February 15,
938938 7 1999 by the Village of Channahon.
939939 8 (248) If the ordinance was adopted on December 19,
940940 9 2000 by the City of Peoria.
941941 10 (249) If the ordinance was adopted on July 24, 2000 by
942942 11 the City of Rock Island to create the North 11th Street
943943 12 redevelopment project area.
944944 13 (250) If the ordinance was adopted on February 5, 2002
945945 14 by the City of Champaign to create the North Campustown
946946 15 TIF.
947947 16 (251) If the ordinance was adopted on November 20,
948948 17 2000 by the Village of Evergreen Park.
949949 18 (252) If the ordinance was adopted on February 16,
950950 19 2000 by the City of Chicago to create the
951951 20 Fullerton/Milwaukee redevelopment project area.
952952 21 (253) If the ordinance was adopted on October 23, 2006
953953 22 by the Village of Bourbonnais to create the Bourbonnais
954954 23 Industrial Park Conservation Area.
955955 24 (254) If the ordinance was adopted on February 22,
956956 25 2000 by the City of Geneva to create the East State Street
957957 26 redevelopment project area.
958958
959959
960960
961961
962962
963963 SB2712 - 26 - LRB103 36076 AWJ 66165 b
964964
965965
966966 SB2712- 27 -LRB103 36076 AWJ 66165 b SB2712 - 27 - LRB103 36076 AWJ 66165 b
967967 SB2712 - 27 - LRB103 36076 AWJ 66165 b
968968 1 (255) If the ordinance was adopted on February 6, 2001
969969 2 by the Village of Downers Grove to create the Ogden Avenue
970970 3 redevelopment project area.
971971 4 (256) If the ordinance was adopted on June 27, 2001 by
972972 5 the City of Chicago to create the Division/Homan
973973 6 redevelopment project area.
974974 7 (257) If the ordinance was adopted on May 17, 2000 by
975975 8 the City of Chicago to create the 63rd/Pulaski
976976 9 redevelopment project area.
977977 10 (258) If the ordinance was adopted on March 10, 1999
978978 11 by the City of Chicago to create the Greater Southwest
979979 12 Industrial (East) redevelopment project area.
980980 13 (259) If the ordinance was adopted on February 16,
981981 14 2000 by the City of Chicago to create the Lawrence/Kedzie
982982 15 redevelopment project area.
983983 16 (260) If the ordinance was adopted on November 3, 1999
984984 17 by the City of Chicago to create the Lincoln Avenue
985985 18 redevelopment project area.
986986 19 (261) If the ordinance was adopted on September 3,
987987 20 2015 by the Village of Fox River Grove to create the
988988 21 Downtown TIF #2 redevelopment project area.
989989 22 (262) If the ordinance was adopted on August 29, 2006
990990 23 by the City of Ottawa establishing the Ottawa Dayton
991991 24 Industrial TIF District.
992992 25 (d) For redevelopment project areas for which bonds were
993993 26 issued before July 29, 1991, or for which contracts were
994994
995995
996996
997997
998998
999999 SB2712 - 27 - LRB103 36076 AWJ 66165 b
10001000
10011001
10021002 SB2712- 28 -LRB103 36076 AWJ 66165 b SB2712 - 28 - LRB103 36076 AWJ 66165 b
10031003 SB2712 - 28 - LRB103 36076 AWJ 66165 b
10041004 1 entered into before June 1, 1988, in connection with a
10051005 2 redevelopment project in the area within the State Sales Tax
10061006 3 Boundary, the estimated dates of completion of the
10071007 4 redevelopment project and retirement of obligations to finance
10081008 5 redevelopment project costs (including refunding bonds under
10091009 6 Section 11-74.4-7) may be extended by municipal ordinance to
10101010 7 December 31, 2013. The termination procedures of subsection
10111011 8 (b) of Section 11-74.4-8 are not required for these
10121012 9 redevelopment project areas in 2009 but are required in 2013.
10131013 10 The extension allowed by Public Act 87-1272 shall not apply to
10141014 11 real property tax increment allocation financing under Section
10151015 12 11-74.4-8.
10161016 13 (e) Those dates, for purposes of real property tax
10171017 14 increment allocation financing pursuant to Section 11-74.4-8
10181018 15 only, shall be not more than 35 years for redevelopment
10191019 16 project areas that were adopted on or after December 16, 1986
10201020 17 and for which at least $8 million worth of municipal bonds were
10211021 18 authorized on or after December 19, 1989 but before January 1,
10221022 19 1990; provided that the municipality elects to extend the life
10231023 20 of the redevelopment project area to 35 years by the adoption
10241024 21 of an ordinance after at least 14 but not more than 30 days'
10251025 22 written notice to the taxing bodies, that would otherwise
10261026 23 constitute the joint review board for the redevelopment
10271027 24 project area, before the adoption of the ordinance.
10281028 25 (f) Those dates, for purposes of real property tax
10291029 26 increment allocation financing pursuant to Section 11-74.4-8
10301030
10311031
10321032
10331033
10341034
10351035 SB2712 - 28 - LRB103 36076 AWJ 66165 b
10361036
10371037
10381038 SB2712- 29 -LRB103 36076 AWJ 66165 b SB2712 - 29 - LRB103 36076 AWJ 66165 b
10391039 SB2712 - 29 - LRB103 36076 AWJ 66165 b
10401040 1 only, shall be not more than 35 years for redevelopment
10411041 2 project areas that were established on or after December 1,
10421042 3 1981 but before January 1, 1982 and for which at least
10431043 4 $1,500,000 worth of tax increment revenue bonds were
10441044 5 authorized on or after September 30, 1990 but before July 1,
10451045 6 1991; provided that the municipality elects to extend the life
10461046 7 of the redevelopment project area to 35 years by the adoption
10471047 8 of an ordinance after at least 14 but not more than 30 days'
10481048 9 written notice to the taxing bodies, that would otherwise
10491049 10 constitute the joint review board for the redevelopment
10501050 11 project area, before the adoption of the ordinance.
10511051 12 (f-1) (Blank).
10521052 13 (f-2) (Blank).
10531053 14 (f-3) (Blank).
10541054 15 (f-5) Those dates, for purposes of real property tax
10551055 16 increment allocation financing pursuant to Section 11-74.4-8
10561056 17 only, shall be not more than 47 years for redevelopment
10571057 18 project areas listed in this subsection; provided that (i) the
10581058 19 municipality adopts an ordinance extending the life of the
10591059 20 redevelopment project area to 47 years and (ii) the
10601060 21 municipality provides notice to the taxing bodies that would
10611061 22 otherwise constitute the joint review board for the
10621062 23 redevelopment project area not more than 30 and not less than
10631063 24 14 days prior to the adoption of that ordinance:
10641064 25 (1) If the redevelopment project area was established
10651065 26 on December 29, 1981 by the City of Springfield.
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10761076 1 (2) If the redevelopment project area was established
10771077 2 on December 29, 1986 by the City of Morris and that is
10781078 3 known as the Morris TIF District 1.
10791079 4 (3) If the redevelopment project area was established
10801080 5 on December 31, 1986 by the Village of Cahokia.
10811081 6 (4) If the redevelopment project area was established
10821082 7 on December 20, 1986 by the City of Charleston.
10831083 8 (5) If the redevelopment project area was established
10841084 9 on December 23, 1986 by the City of Beardstown.
10851085 10 (6) If the redevelopment project area was established
10861086 11 on December 23, 1986 by the Town of Cicero.
10871087 12 (7) If the redevelopment project area was established
10881088 13 on December 29, 1986 by the City of East St. Louis.
10891089 14 (8) If the redevelopment project area was established
10901090 15 on January 23, 1991 by the City of East St. Louis.
10911091 16 (9) If the redevelopment project area was established
10921092 17 on December 29, 1986 by the Village of Gardner.
10931093 18 (10) If the redevelopment project area was established
10941094 19 on June 11, 2002 by the City of East Peoria to create the
10951095 20 West Washington Street TIF.
10961096 21 (11) If the redevelopment project area was established
10971097 22 on December 22, 1986 by the City of Washington creating
10981098 23 the Washington Square TIF #2.
10991099 24 (12) If the redevelopment project area was established
11001100 25 on November 11, 1986 by the City of Pekin.
11011101 26 (13) If the redevelopment project area was established
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11121112 1 on December 30, 1986 by the City of Belleville.
11131113 2 (14) If the ordinance was adopted on April 3, 1989 by
11141114 3 the City of Chicago Heights.
11151115 4 (15) If the redevelopment project area was established
11161116 5 on December 29, 1986 by the City of Pontiac to create TIF I
11171117 6 (the Main St TIF).
11181118 7 (16) If the redevelopment project area was established
11191119 8 on December 29, 1986 by the City of Pontiac to create TIF
11201120 9 II (the Interstate TIF).
11211121 10 (17) If the redevelopment project area was established
11221122 11 on December 23, 1986 by the City of Sparta to create TIF
11231123 12 #1. Any termination procedures provided for in Section
11241124 13 11-74.4-8 are not required for this redevelopment project
11251125 14 area prior to the 47th calendar year after the year in
11261126 15 which the ordinance approving the redevelopment project
11271127 16 year was adopted.
11281128 17 (18) If the redevelopment project area was established
11291129 18 on March 30, 1992 by the Village of Ohio to create the
11301130 19 Village of Ohio TIF District.
11311131 20 (19) If the redevelopment project area was established
11321132 21 on December 13, 1993 by the Village of Crete.
11331133 22 (20) If the redevelopment project area was established
11341134 23 on February 12, 2001 by the Village of Crete.
11351135 24 (21) If the redevelopment project area was established
11361136 25 on April 23, 2001 by the Village of Crete.
11371137 26 (22) If the redevelopment project area was established
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11481148 1 on December 29, 1993 by the City of Ottawa to create the
11491149 2 Ottawa I-80 North TIF District.
11501150 3 (23) If the redevelopment project area was established
11511151 4 on September 20, 1994 by the City of Ottawa to create the
11521152 5 U.S. Route 6 East Ottawa TIF District.
11531153 6 (g) In consolidating the material relating to completion
11541154 7 dates from Sections 11-74.4-3 and 11-74.4-7 into this Section,
11551155 8 it is not the intent of the General Assembly to make any
11561156 9 substantive change in the law, except for the extension of the
11571157 10 completion dates for the City of Aurora, the Village of Milan,
11581158 11 the City of West Frankfort, the Village of Libertyville, and
11591159 12 the Village of Hoffman Estates set forth under items (67),
11601160 13 (68), (69), (70), and (71) of subsection (c) of this Section.
11611161 14 (Source: P.A. 102-117, eff. 7-23-21; 102-424, eff. 8-20-21;
11621162 15 102-425, eff. 8-20-21; 102-446, eff. 8-20-21; 102-473, eff.
11631163 16 8-20-21; 102-627, eff. 8-27-21; 102-675, eff. 11-30-21;
11641164 17 102-745, eff. 5-6-22; 102-818, eff. 5-13-22; 102-1113, eff.
11651165 18 12-21-22; 103-315, eff. 7-28-23; 103-575, eff. 12-8-23.)
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