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HomeMy WebLinkAboutResolution #5539 - Intervention in Property Tax Appeal Board Proceedings STATE OF ILLINOIS) ) SS. COUNTY OF FULTON) CERTIFICATE I, Andi Smith-Walters, certify that I am the duly elected City Clerk of the CITY OF CANTON, FULTON COUNTY, ILLINOIS. I further certify that on March 3. 2026. the City Council of such municipality passed and approved Resolution #5539 entitled: A RESOLUTION APPROVING INTERVENTION IN PROPERTY TAX APPEAL BOARD PROCEEDINGS (2025 - CANTON CITY REALTY, LLC) The resolution attached is a true and correct copy of the resolution adopted by Canton City Council. DATED AT CANTON, ILLINOIS, THIS 3rd DAY OF March, 2026 Seal ndi Smith-Walters, City Clerk ity of Canton, Illinois RESOLUTION NO. 5539 A RESOLUTION APPROVING INTERVENTION IN PROPERTY TAX APPEAL BOARD PROCEEDINGS (2025-CANTON CITY REALTY,LLC) WHEREAS, in relation to the real property located at or about 1741-1773 E. Chestnut Street, Canton, IL 61520 (the "Property"), Canton City Realty, LLC has filed an appeal with the State of Illinois Property Tax Appeal Board, assigned Docket Number 2025-02776, of the assessment by the Fulton County Board of Review for tax assessment year 2025; 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 Canton City Realty, LLC 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 fiurther 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 3rd day of March, 2026. AYES: Alderpersons Chamberlin, Grimm, Nelson, Lovell, Hale, Pickel, Ketcham, Gossett NAYS:None ABSENT:None APPROVED THIS 3ta day of March, 2026. , ATT Zent A. Mc owe ayor Andrea J. Smith-Walters, City Clerk