1986-063o •
ORDINANCE NUMBER 86- 63
ORDINANCE DESIGNATING TAX INCREMENT
REDEVELOPMENT PROJECT AREA
WHEREAS, the President and Board of Trustees have
heretofore adopted and approved the Redevelopment Plan and
Project with respect to which a public hearing was held on
October 6, 1986, and it is now necessary and desirable to
designate the area referred to in said Plan as a Redevelopment
Project Area;
NOW, THEREFORE, BE IT HEREBY ORDAINED BY THE PRESIDENT
AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND
LAKE COUNTIES, ILLINOIS, as follows:
Section 1. That the following area described in
Exhibit "A" attached hereto is hereby designated as a
Redevelopment Project Area, pursuant to Section 11- 74.4 -4 of the
Illinois Tax Increment Allocation Redevelopment Act, Ill. Rev.
Stat. ch.24, Sections 11- 74.4 -1 et seq., as amended.
Section 2. That a certified copy of this Ordinance,
accompanied by the materials and information required by Section
11- 74.4 -8a(3) of the Act, shall be filed with the Illinois
Department of Commerce and Community Affairs and the Illinois
Department of Revenue within 30 days of the adoption of this
Ordinance.
Section 3. That this Ordinance shall be in full force
and effect upon its passage by the Board of Trustees of the
Village of Buffalo Grove, Illinois and approval by the President
thereof.
0 0
Section 4. That all ordinances, resolutions, and
orders, and parts thereof, in conflict herewith, are hereby
superseded to the extent of such conflict. This Ordinance shall
not be codified.
Ayes: 4 Marienthal, Glover, Reid, Shields
Nayes: 2 - O'Reilly, Kowalski
Absent: 0 - None
Adopted this 3rd day of November, 1986.
(SEAL)
Attest: wa��,',q''
r,\ :L"'
Vi 1 ladj-ej Clerk
Approved:
Verna L. Clayton - Pr ident
-2-
0 0
Trustee Marienthal made a motion that said ordinance
be adopted by said President and Board of Trustees, which motion .
was duly seconded by Trustee Glover
After full discussion and consideration of the matter, the
roll was called as follows:
AYE: 4 - Marienthal, Glover, Reid, Shields
NAY: 2 - O'Reilly, Kowalski
ABSENT OR NOT VOTING:
0 - None
Verna L. Clayton, President, announced the motion carried
and the Ordinance duly adopted.
(Other Business)
There being no further business to come before the President
and Board of Trustees, upon motion duly seconded and unanimously
adopted, the meeting was adjourned. ,r
(SEAL) Verna L. Clayton - President
Attest:
Vill Clerk
(845/G)
ME
o •
REDEVELOPMENT PROJECT AREA
The Redevelopment Project Area is part of the area within
the intersections of Lake Cook Road, Illinois State Route #83
and Buffalo Grove Road. The project area lies entirely north
of Lake Cook Road and totally in Lake County, Illinois. The
Redevelopment Project Area is shown on Map 1 and the legal
descriptions of the included property are set forth at Appendix
B of the Village of Buffalo Grove Town Center District Tax
Increment Redevelopment Plan and Project.
Exhibit A
V J
I o° ,��4, r`' � , i. � ,. '• 1, . /.�
kj
14 0
l �° !• � ) ( 1. 1 _ -- � 1 � jf� i i; �i%
41
TAX INCREMENT FINANCING DISTRICT
TOWN CENTER — BUFFALO GROVE —~ � I'•��' To"�^ Center Assocletes
PhN4P A. KupNa A
Au «Lb. A/cNbd
2 JUNE 1000
J.noa BrHn /Sab. Aw «lu.e An�il.cl
VILLAGE OF BUFFALO GROVE
ORDINANCE NO. elb-Z 3
ADOPTED BY THE PRESIDENT
AND BOARD OF TRUSTEES OF THE VILLAGE
OF BUFFALO GROVE
THIS s�DAY OF 19 .
Published in pamphlet form by authority of the
President and Board of Trustees of the Village
of Buffalo Grove, Cook & Lake Counties, Illinois,
this qjA_.,_ day of /f/��, 19 �o .
Village Clerk
0i
ORDINANCE NUMBER 86- 63
ORDINANCE DESIGNATING TAX INCREMENT
REDEVELOPMENT PROJECT AREA
WHEREAS, the President and Board of Trustees have
heretofore adopted and approved the Redevelopment Plan and
Project with respect to which a public hearing was held on
October 6, 1986, and it is now necessary and desirable to
designate the area referred to in said Plan as a Redevelopment
Project Area;
NOW, THEREFORE, BE IT HEREBY ORDAINED BY THE PRESIDENT
AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND
LAKE COUNTIES, ILLINOIS, as follows:
Section 1. That the following area described in
Exhibit "A" attached hereto is hereby designated as a
Redevelopment Project Area, pursuant to Section 11- 74.4 -4 of the
Illinois Tax Increment Allocation Redevelopment Act, Ill. Rev.
Stat. ch.24, Sections 11- 74.4 -1 et seq., as amended.
Section 2. That a certified copy of this Ordinance,
accompanied by the materials and information required by Section
11- 74.4 -8a(3) of the Act, shall be filed with the Illinois
Department of Commerce and Community Affairs and the Illinois
Department of Revenue within 30 days of the adoption of this
Ordinance.
Section 3. That this Ordinance shall be in full force
and effect upon its passage by the Board of Trustees of the
Village of Buffalo Grove, Illinois and approval by the President
thereof.
Section 4. That all ordinances, resolutions, and
orders, and parts thereof, in conflict herewith, are hereby
superseded to the extent of such conflict. This Ordinance shall
not be codified.
Ayes: 4 Marienthal, Glover, Reid, Shields
Nayes: 2 O'Reilly, Kowalski
Absent: 0 - None
Adopted this 3rd day of November, 1986.
r
Zilla4e
Clerk
Approved:
Verna L. Clayton - Pr iden . t
MAM
Trustee Marienthal
made a motion that said ordinance
be adopted by said President and Board of Trustees, which motion
was duly seconded by Trustee Glover
After full discussion and consideration of the matter, the
roll was called as follows:
AYE: 4 - Marienthal, Glover, Reid, Shields
NAY: 2 - O'Reilly, Kowalski
ABSENT OR NOT VOTING:
0 —None
Verna L. Clayton, President, announced the motion carried
and the Ordinance duly adopted.
(Other Business)
There being no further business to come before the President
and Board of Trustees, upon motion duly seconded and unanimously
adopted, the meeting was adjourned.
(SEAL) Verna L. Clayton - President
Attest:
Vi11 4g.6 Clerk
(845/G)
-3-
REDEVELOPMENT PROJECT AREA
The Redevelopment Project Area is part of the area within
the intersections of Lake Cook Road, Illinois State Route #83
and Buffalo Grove.Road.. The project area lies entirely north
of Lake Cook Road and totally in Lake County, Illinois. The
Redevelopment Project Area is shown on Map 1 and the legal
descriptions of the included property are set forth at Appendix
B of the Village of Buffalo Grove Town Center District Tax
Increment Redevelopment Plan and Project.
Exhibit A
x
3l•
•�-• •mss tr I,/ � '��/ 1 �-�J \� � � rfl /� � 1e.1 :�
i 1 Ltv - a\
IL
4.
- _ - _ _ _ � , — v - : �--,�; U . • �.-F_: :�� � t Ili
..
�i jam^ � ' / -� � � I. : I . 1.. . -� •- T
TAX INCREMENT FINANCING DISTRICT
TOWN CENTER — BUFFALO GROVE •^ � r•war -o- Twm c«lur A
.wdue:
PANYp A. Kupll[ A Au «LU• ArcNaN
.1°noa Brlm /s..b[ Au «W°O A.dil°Cl
2 JUNE 1000