HomeMy WebLinkAboutResolution #5513 - intervention in property tax appeal board proceedings 1
RESOLUTION NO. 5513
A RESOLUTION APPROVING INTERVENTION IN
PROPERTY TAX APPEAL BOARD PROCEEDINGS
WHEREAS, in relation to 555 North Main Street, Canton, IL 61520 (the "Property"),
Walgreens has filed an appeal with the State of Illinois Property Tax Appeal Board, assigned
Docket Number 2024-03003, of the assessment by the Fulton County Board of Review for tax
assessment year 2024; and
WHEREAS, the real estate tax revenue from the Property is significant, and the City of
Canton and/or one of its tax increment financing districts ("Canton TIF 2- Route 9/Chestnut St.")
will lose substantial tax revenue if the assessed valuation of the Property is reduced as requested;
and
WHEREAS, the Canton City Council has determined that the best interests of the City of
Canton and its residents will be served by intervening in the appeal before the Property Tax Appeal
Board.
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CANTON,ILLINOIS,AS FOLLOWS:
Section 1: It is hereby determined that it is advisable, necessary and in the public interest
that the City of Canton intervene in the appeal of Walgreens to the State of Illinois Property Tax
Appeal Board of the assessed valuation by the Fulton County Board of Review of the Property.
Section 2: That the attorneys of the law firm of Davis & Campbell L.L.C. are hereby
authorized and directed to file an Appearance of Attorney and Request to Intervene in Appeal
Proceeding with the Illinois Property Tax Appeal Board. Said attorneys are further authorized to
enter an appearance or otherwise intervene in any related proceedings, including but not limited to
any before the Fulton County Board of Review.
Section 3: That this Resolution shall be in full force and effect from and after its passage
and approval as provided by law.
PASSED THIS 29th day of April, 2025.
AYES: Alderoersons Chamberlin, Grimm,Nelson, Lovell,Hale, Gossett, Ketcham Lingenfelter
NAYS:None
ABSENT:None
APPROVED THIS 29th day of April, 2025.
Kent A. McDowe ayor
ATTL-S,94.. 6 1&0
T:
drea J. S ith-Walters, City Clerk