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HomeMy WebLinkAbout#4066 Designating Redevelopment Project CERTIFICATE THE UNDERSIGNED CERTIFIES THAT SHE IS THE CITY CLERK FOR THE CITY OF CANTON,ILLINOIS,AND THAT THE CITY COUNCIL AT A REGULARLY CONSTITUTED MEETING OF SAID CITY COUNCIL OF THE CITY OF CANTON ON THE 5111 DAY OF APRIL,2017 ADOPTED ORDINANCE NO.4066,A TRUE AND CORRECT COPY OF WHICH IS CONTAINED IN THIS PAMPHLET. GIVEN UNDER MY HAND AND SEAL THIS DAY OF APRIL,2017. (SEAL) Ate D L ROCK CITY CLERK CITY OF CANTON, ILLINOIS ORDINANCE NO. 4066 AN ORDINANCE DESIGNATING THE REDEVELOPMENT PROJECT AREA FOR CANTON TAX INCREMENT FINANCING DISTRICT 3 PASSED BY THE CITY COUNCIL OF THE CITY OF CANTON,FULTON COUNTY,ILLINOIS, ON THE 5TH DAY OF APRIL,2017 PUBLISHED IN PAMPHLET FORM BY AUTHORITY OF THE CITY COUNCIL OF THE CITY OF CANTON,FULTON COUNTY, ILLINOIS, THIS 5TH DAY OF APRIL,2017 EFFECTIVE: APRIL 5,2017 ORDINANCE 2OF3 ORDINANCE NO.40M CITY OF CANTON,FULTON COUNTY,ILLINOIS DESIGNATING THE REDEVELOPMENT PROJECT AREA FOR CANTON TAX INCREMENT FINANCING DISTRICT 3 WHEREAS,the City Council of the City of Canton,Fulton County,Illinois has heretofore in Ordinance No.4065 adopted and approved the Redevelopment Plan and Redevelopment Projectawith respect to which a Public Hearing was held on March 14,2017,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 ORDAINED BYTFIE MAYOR AND CITY COUNCIL OF THE CITY OF CANTON, FULTON COUNTY, ILLINOIS, that the area described in Exhibit A(Legal Description) and Exhibit B (Boundary Map) attached to and made a part hereof is hereby designated as the City of Canton Tax Increment Financing District 3 Redevelopment Project Area ("Canton TIP District 3") pursuant to Section 11-74.4-4 (65 ILCS 5/11-74.4-4) of the Tax Increment Allocation Redevelopment Act. All ordinances and parts of ordinances in conflict herewith arc hereby repealed. This Ordinance shall be in hill force and effect from and after its passage and approval as provided by law. PASSED, APPROVED AND ADOPTED by the Corporate Authorities of the City of Canton, Illinois on the S°day of April,AD.,2017, and deposited and filed in the Office of the City Clerk of said City on that date. MAYOR&CITY COUNCIL AYE VOTE NAY VOTE ABSTAIN/ABSENT Gerald EWs X Ryan Mahew X Angela Hale X Juadn Nelson X Craig West X John Lovell X ABSENT Tad Putsch X ABSTAIN Jeffrey Frits,Mayor TOTAL VOTES: 5 0 2 Page I ORDINANCE 20P3 APPROVED:M �t Date: e Way- 4,4az ATTEST: nirC , s ate: ei!L?/i 7 wT Exhibit(A)Attached,Canton TIP District 3 Legal Description Exhibit(B)Attached,Canton TIP District 3 Boundary Map Page 2 0RDINANCE 30P3 EXHIBIT A CANTON TIP DISTRICT 3 LEGAL DESCRIPTION A part of Sections 27, 34 and 35 all in Township 7 North, Range 4 East of the Fourth Principal Meridian, Fulton County, Blinois, further described as follows: Beginning at a point being the intersection of the north right-of-way line of East Walnut Street and the east right-of-way line of South Second Avenue; Thence southerly along the east right-of-way line of South Second Avenue,crossing East Walnut Street and East Maple Street, to a point being 100 feet, more or less, south of the intersection of the south right-of-way line of East Maple Street and the east right-of-way line of South Second Avenue;Thence easterly 188 feet,more or less,to the west right-of-way line of the alley east of South Second Avenue;Thence southerly along said west right-of-way line of the alley cast of South Second Avenue 150 feet,more or less;Thence westerly 188 feet,more or leas,to the east right-of-way line of South Second Avenue;Thence southerly 150 feet,more or less,along the east right-of-way line of South Second Avenue to the intersection of the east right-of-way line of South Second Avenue and the northerly tight-of-way line of the T.P.&W.Railroad;Thence westerly along said northerly right-of- way line of the T.P.&W.Railroad which crosses South Second Avenue,South First Avenue,South Main Street, South Avenue A and South Avenue B to a point on the west right of way line of South Avenue B;Thence southerly along the west right-of-way line of South Avenue B,to a point being the intersection of said west right-of-way line of South Avenue B and the south right-of-way line of the T.P. &W.Railroad;Thence easterly along the southerly right-of-way line of the T.P.&W.Railroad which crosses South Avenue B and South Avenue A to a point where the southerly right-of-way line of the T.P.&W.Railroad intersects the west right-of-way line of South Main Street;Thence southerly466 feet, more or less, along said west right-of-way line of South Main Street to the Intersection of said west right-of-way line of South Main Street and the south right-of-way line of East Oak Street; Thence easterly along said south right-of-way line of East Oak Street which crosses South Main Street,South First Avenue,South Second Avenue,South Third Avenue and South Fourth Avenue to the intersection of said south right-of-way line of East Oak Street and the east right-of-way line of South Fourth Avenue;Thence northerly along said east right-of-way line of South Fourth Avenue which crosses East Oak Street,Anderson Place,and East Maple Street to a point being the intersection of said east right-of- wayline of South Fourth Avenue and the north right-of-way line of East Maple Street;Thence westerly along said north right-of-way line of East Maple Street to the intersection of said north right-of-way line of East Maple Street and the east right-of-way line of South Third Avenue;Thence northerly along said east right-of-way line of South Third Avenue to the intersection of said east right-of-way line of South Third Avenue and the south right-of-way line of East Elm Street Thence westerly along said south right-of-way line of East Elm Street across South Third Avenue and South Second Avenue to the intersection of said south right-of-way line of East Elm Street and the west right-of-way line of South Second Avenue;Thence southerly along said west right-of-way line of South Second Avenue,which crosses Pine Street and continues to the intersection of said west right-of-way line of South Second Street and the north tight-of-way line of East Walnut Street;Thence easterly 49 feet,more or less,across South Second Street to the Point of Beginning. 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