HomeMy WebLinkAbout#4056 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 20111 DAY OF
DECEMBER, 2016 ADOPTED ORDINANCE NO. 4056, A TRUE AND CORRECT COPY OF
WHICH IS CONTAINED IN THIS PAMPHLET.
GIVEN UNDER MY HAND AND SEAL THIS D DAY OF DECEMBER, 2016.
(SEAL)
Cr
D rit PAVLEY-ROCK
CITY CLERK
CITY OF CANTON, ILLINOIS
ORDINANCE NO. 4056
AN ORDINANCE TO AUTHORIZE THE ESTABLISHMENT OF A
TAX INCREMENT FINANCING "INTERESTED PARTIES REGISRF"
AND
ADOPTING REGISTRATION RULES FOR SUCH REGISTRIES
FOR
CANTON TIF DISTRICT 3
PASSED BY THE CITY COUNCIL
OF THE CITY OF CANTON, FULTON COUNTY, ILLINOIS,
ON THE 20111 DAY OF DECEMBER, 2016
PUBLISHED IN PAMPHLET FORM BY AUTHORITY OF THE CITY
COUNCIL OF THE CITY OF CANTON, FULTON COUNTY, ILLINOIS,
THIS 201"DAY OF DECEMBER, 2016
EFFECTIVE: DECEMBER 20, 2016
ORDINANCE NO. 4056
CITY OF CANTON
ORDINANCE TO AUTHORIZE
THE ESTABLISHMENT OF A
TAX INCREMENT FINANCING
"INTERESTED PARTIES REGISTRY"
AND
ADOPTING REGISTRATION RULES
FOR SUCH REGISTRIES
for
CANTON
TAX INCREMENT FINANCING DISTRICT 3
ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF
CANTON,FULTON COUNTY, ILLINOIS,
ON THE 20TH DAY OF DECEMBER,2016.
ORDINANCE NO. 4056
AN ORDINANCE OF THE CITY OF CANTON,
FULTON COUNTY, ILLINOIS
AUTHORIZING THE ESTABLISHMENT OF A
TAX INCREMENT FINANCING "INTERESTED PARTIES REGISTRY"
AND
ADOPTING REGISTRATION RULES FOR SUCH REGISTRIES
for
CANTON TIP DISTRICT 3
ORDINANCE
WHEREAS,the City of Canton,Fulton County,Illinois(the"Cit")is a Municipal Corporation
organized under the laws of the State of Illinois; and
WHEREAS,pursuant to Section 11-74. 4-4.2 of the TIF Act,the City is required to establish
certain"Interested Parties Registries"and adopt Registration Rules for such registries for the proposed
Tax Increment Financing (TIF) District;and
WHEREAS,the City desires to adopt this ordinance in order to comply with such requirements
of the TIF Act.
NOW THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF
THE CITY OF CANTON, ILLINOIS THAT:
SECTION 1. The above recitals are incorporated herein and made a part hereof.
SECTION 2. The City Clerk,is hereby authorized and directed to create an Interested Patties
Registry"in accordance with Section 11-74.4-4.2 of the TIP Act for each redevelopment project area
created under the TIF Act, whether now existing or created after the date of the adoption of this
ordinance.
SECTION 3. In accordance with Section 11-74.4-4.2 of the Act,the City hereby adopts the
Registration Rules attached hereto as Exhibit A as Registration Rules for each such Interested Parties
Registry". The City Clerk,with the consent of the City's Special Counsel Jacob&Klein,Ltd.,as to form
and legality, shall have the authority to amend such Registration Rules from time to time as may be
necessary or desirable to comply with and carry out the purposes intended by the TIF Act.
SECTION 4. If any provision of this ordinance shall be held to be invalid or unenforceable
for any reason, the invalidity or unenforceability of such provision shall not affect any of the other
provisions of this ordinance.
SECTION 5. All ordinances,resolutions,motions or orders in conflict with this ordinance
are hereby repealed to the extent of such conflict.
SECTION 6. This ordinance shall be in full force and effect immediately upon its passage.
Canton TIF Dntdct3 -Interested Parties Registry Page 1
PASSED, APPROVED AND ADOPTED by the Corporate Authorities of the City of
Canton,Fulton County,Illinois,on the 20th day of December,A.D.2016,and deposited and filed in the
Office of the City Clerk of said City on that date.
CORPORATE AYE VOTE NAY VOTE ABSTAIN /
AUTHORITIES ABSENT
Gerald Ellis X
Ryan Mahew X
Angela Hale X
Justin Nelson X
Craig West X
John Lovell X ABSENT
Tad Putrich X ABSTAIN
Jeffrey Fritz,Mayor
TOTAL VOTES: 5 0 2
APPROVED:
Date: /0 /,-ai-A /6
Mayo
ATTEST:
C�c Date: /4 L�azo/ -
tty erk
Attachments:
Exhibit A: TIF Interested Parties Registry Registration Rules
Exhibit B: Interested Parties Registry Form
Canton TIF Dir/tirl 3-Interested Parties Registry Page 2
EXHIBIT A
CITY OF CANTON
FULTON COUNTY, ILLINOIS
CANTON TIF DISTRICT 3
TIF INTERESTED PARTIES REGISTRY REGISTRATION RULES
A. Definitions. As used in these Registration Rules, the following terms shall have the
definitions set forth below:
"Act"shall mean the Tax Increment Allocation Redevelopment Act,65ILCS 5/11-74.4-1,et
seq., as amended from time to time.
"Clerk" shall mean the City Clerk.
"Interested Party(ies)" shall mean (a) any organization(s) active within the City, (b) any
resident(s)of the City,and (c) any other entity or person otherwise entitled under the Act to
register in the Interested Parties Registry who has registered in such Registry and whose
registration has not been terminated in accordance with these Registration Rules.
"Redevelopment Project Area"shall mean a redevelopment project area that(a)is intended
to qualify or that has previously or subsequently qualified as a"redevelopment project area"
under the Act,and (b) is subject to the"interested parties registry"requirements of the Act.
"Registration Form" shall mean the form appended to these Registration Rules, or such
revised form as may be approved by the Department consistent with the requirements of the
Act.
"Registry"or"Registries"shall mean each interested parties registry,and all such registries,
collectively, established by the City pursuant to Section 11-74.4-4.2 of the Act for a
Redevelopment Project Area.
"City" shall mean the City of Canton, an Illinois Municipal Corporation.
B. Establishment of Registry. The City shall establish a separate interested parties registry for
each Redevelopment Project Area,whether existing as of the date of the adoption of these
Rules or hereafter established.
C. Maintenance of Registry. The Registries shall he maintained by the Clerk, which has a
principal business office located at City Hall, Canton, Illinois. The City may transfer the
responsibility for maintaining the Registries to such other Department provided that the City
(a)gives prior written notice to all Interested Parties not less than thirty(30)days prior to such
transfer,and(b)publishes notice of such transfer in a newspaper of general circulation in the
City.
D. Registration by Residents. An individual seeking to register as an Interested Parry with
respect to a Redevelopment Project Area must complete and submit a Registration Form to
the Clerk. Such individual must also submit a copy of a current driver's license,utility bill,or
Canton TIFDistrict 3-Interested Parties Registry Page 3
such other evidence as may be acceptable to the Clerk to establish the individual's current
residency.
E. Registration by Organizations. An organization seeking to register as an Interested Party
with respect to a redevelopment project area must complete and submit a Registration Form
to the Clerk. Such organization must also submit a copy of a one-page statement describing
the organization's current operations in the City.
F. Determination of Eligibility. All individuals and organizations whose Registration form
and supporting documentation complies with these Registration Rules shall be registered in
the applicable Registry within ten (10) business days of the Clerk's receipt of all such
documents. The Clerk shall provide written notice to the registrant confirming such
registration. Upon registration, Interested Parties shall be entitled to receive all notices and
documents required to be delivered under these Rules or as otherwise required under the Act
with respect to the applicable redevelopment project area. If the Clerk determines that a
registrant's Registration Form and/or supporting documentation is incomplete or does not
comply with these Rules, the Clerk shall give written notice to the registrant specifying the
defect(s). The registrant shall be entitled to correct any defects and resubmit a new
Registration Form and supporting documentation.
G. Renewal and Termination. An Interested Party's registration shall remain effective for a
period of three years. At any time after such three year period,the Clerk may provide written
notice by regular mail to the Interested Party stating that such registration shall terminate
unless the Interested Party renews such registration within thirty (30) days of the Clerk's
mailing of written notice. To renew such registration,the Interested Party shall,within such
thirty (30) day period, complete and submit the same Registration form and supporting
documentation then required of initial registrants in order to permit the Clerk to confirm such
person's residency or such organization's operations in the City. The registration of a0
individuals and organizations whose Registration Form and supporting documentation is
submitted in a timely manner and complies with these Regulation Rules shall be reviewed for
an additional,consecutive three year period. If the Clerk determines that a registrant's renewal
Registration Form and/or supporting documentation is incomplete or does not comply with
these Registration Rules, the Clerk shall give written notice to the registrant at the address
specified in the renewal Registration Form submitted by such registrant, specifying the
defect(s). The registrant shall be entitled to correct any defects and resubmit a new
Registration Form and supporting documentation within thirty (30) days of receipt of the
Clerk's notice. If all defects are not corrected within thirty(30)days or the Interested Party's
receipt of the Clerk's notice, the Interested Party's registration shall be terminated. Any
Interested Party whose registration is terminated shall be entitled to register again as if a first-
time registrant.
H. Amendment to Registration. An Interested Parry may amend its registration by giving
written notice to the Clerk by certified mail of any of the following: (i)a change in address for
notice purposes: (ii)in the case of organizations,a change in the name of the contact person:
and (iii) a termination of registration. Upon receipt of such notice,the Clerk shall revise the
applicable Registry accordingly.
I. Registries Available for Public Inspection. Each Registry shall be available for public
inspection during normal City business hours. The Registry shall include the name,address
Canton TIP District 3-Interested Parties Registry Page 4
and telephone number of each Interested Person and,for organizations,the name and phone
number of a designated contact person.
J. Notices to be Sent to Interested Patties. Interested Parties shall be sent the following
notices and any other notices required under the Act with respect to the applicable
Redevelopment Project Area.
(i) pursuant to §74.4-5(a) of the Act, notice of the availability of a proposed
redevelopment plan and eligibility report,including how to obtain this information;
such notice shall be sent by mail within a reasonable period of time after the
adoption of the ordinance fixing the public hearing for the proposed
redevelopment plan;
(ii) pursuant to §74.4-5(a) of the Act, notice of changes to proposed redevelopment
plans that do not (1) add additional parcels of property to the proposed
redevelopment project area,(2) substantially affect the general land uses proposed
in the redevelopment plan,(3) substantially change the nature of or extend the life
of the redevelopment project, or (4) increase the number of low or very low
income households to be displaced from the redevelopment project area,provided
that measured from the time of creation of the redevelopment project area the total
displacement of the households will exceed 10; such notice shall be sent by mail
not later than 10 days following the City's adoption by ordinance of such changes;
(iii) pursuant to 574A-5(c) of the Act, notice of amendments to previously approved
redevelopment plans that do not (1) add additional parcels of property to the
redevelopment project area, (2) substantially affect the general land uses in the
redevelopment plan, (3) substantially change the nature of the redevelopment
project, (4) increase the total estimated redevelopment project costs set out in the
redevelopment plan by more than 5%after adjustment for inflation from the date
the plan was adopted, (5) add additional redevelopment project costs to the
itemized list of redevelopment project costs set out in the redevelopment plan,or
(6) increase the number of low or very low income households to be displaced
from the redevelopment project area, provided that measured from the time of
creation of the redevelopment project area the total displacement of households
will exceed 10;such notice shall be sent by mail not later than 10 days following the
City's adoption by ordinance of any such amendment;
(iv) pursuant to §74.4-5(d)(9) of the Act, for redevelopment plans or projects that
would result in the displacement of residents from 10 or more inhabited residential
units or that contain 75 or more inhabited residential units,notice of the availability
of the certified audit report described in§74.4-5(d)(9),including how to obtain the
certified audit report; such notice shall be sent by mail within a reasonable period
of time after completion of the certified audit report;
(v) pursuant to§74.4-6(e)of the Act,notice of the preliminary public meeting required
under the Act for a proposed Redevelopment Project Area that will result in the
displacement of 10 or more inhabited residential units or which will contain 75 or
more inhabited residential units,such notice shall be sent by certified mail not less
than 15 days before the date of such preliminary public meeting.
Canton TIP District 3 -Interested Patties Registry Page 5
K Non-Interference. These Registration Rules shall not be used to prohibit or otherwise
interfere with the ability of eligible organizations and individuals to register for receipt of
information to which they are entitled under the Act.
L. Amendment of Registration Rules. These Registration Rules maybe amended by the City
Council, subject to and consistent with the requirements of the Act.
THE CITY OF CANTON
Canton TIF District 3-Interested Parties Registry Page 6
EXHIBIT B
CITY OF CANTON
FULTON COUNTY,ILLINOIS
CANTON TIF DISTRICT 3
INTERESTED PARTIES REGISTRY
The following Individuals and Organizations have registered with the City under Rules adopted
by the City pursuant to 65 Illinois Compiled Statutes 5/11-74.4-4.2:
INDIVIDUALS
Name Address
1. rtvc,irrtc I Jt � J72? _3 VP' 4 ,
Phone: ell) LQ-2- f�y7.'ti Zip: (Q/ 7 6
2. 4e Piro
Phone: ( ) er.,11-J Zip: 1
0/31_6
3.
Phone: (_)_ Zip:
4.
Phone: (_)_ _ Zip:
5.
Phone: (_)_- Zip:
6.
Phone: (_)_ Zip:
7.
Phone: (_) Zip:
CANTON TIF DISTRICT 3
ORGANIZATIONS
1.
Organization
Zip:
Contact Person: Phone:
)—_
2.
Organization
Zip:
Contact Person: Phone:
(—)
3.
Organization
Zip:
Contact Person: Phone:
(—) -
4.
Organization
Zip:
Contact Person: Phone:
(—)
5.
Organization
Zip:
Contact Person: Phone:
6.
Organization
Zip:
Contact Person: Phone:
7.
Organization
Zip:
Contact Person: Phone:
(_)—
NOTICE OF PUBLIC MEETING
CITY OF CANTON
PROPOSED THIRD AMENDMENT TO CANTON 1-DOWNTOWN/5TH AVENUE TIF DISTRICT
The City of Canton,Fulton County,Illinois,an Illinois Municipal Corporation,hereby gives Notice of a Public Meeting to be held
on Thursday.January 12.2017 at 5:30 p.m.Central Standard Time at the Canton Train Depot 50 N.4'h Avenue Canton, IL
61520,to consider the proposed Third Amendment to the Canton 1-Downtown/5th Avenue Tax Increment Financing District
("TIF District 1")Redevelopment Project Area,Plan and Projects pursuant to the Tax Increment Allocation Redevelopment Act
(65 TICS 5/11-74.4 et.seq.,the"Act').
Pursuant to the Act, the Public Meeting shall be held for the purpose of enabling the City to advise the public as to the City's
possible intent to prepare an Amendment to the Redevelopment Plan and designate an Amended Redevelopment Project Area
and to receive public comment.All taxing districts having real property in the proposed Amended Redevelopment Project Area,
interested persons,residents,property taxpayers,and all entities that have registered with the City in accordance with registration
guidelines established for the Interested Parties Registry will be given an opportunity to be heard orally and may file,with the
person conducting the meeting,statements that pertain to the subject matter of the meeting.
Proposed Amended Redevelopment Project Area:
Pursuant to the Act,the Redevelopment Project Area as Amended("Area')includes only those contiguous parcels
of real property and improvements thereon which would be substantially benefitted by a redevelopment project and
the Area is not less in the aggregate than 11/2 acres.The areas proposed to be added and removed from the Canton
1-Downtown/5th Avenue TIF District are illustrated on the proposed Boundary Map on Page 2 of this notice.
Purpose of Amending the Redevelopment Project Area Plan& Projects:
The City of Canton proposes to amend its TIF District 1 Redevelopment Project Area in order to make adjustments
to the Area by adding and removing properties.The intent of the Amended Redevelopment Plan is to promote and
protect the health,safety,morals,and welfare of the public,address blighted conditions in the Amended Area and
institute conservation measures so as to remove and alleviate adverse conditions,encourage private investment,and
restore and enhance the tax base of the taxing districts by undertaking public and private redevelopment projects
within the Amended Redevelopment Project Area.
Description of Tax Increment Financing
A TIF District establishes a geographic boundary(a redevelopment project area) in which new private investment
is encouraged.A municipality may issue obligations to finance improvements that will enable the redevelopment of
deteriorated, blighted,or other key conservation areas within its corporate limits. A municipality may also choose
to use TIF funds on apay-as:yougo basis whereby revenue is spent as it is collected.In either case,by making public
improvements,the municipality may more effectively invite new private investment so that the expected increase in
property tax revenues may be captured,temporarily,to help pay for the public improvements. The City intends to
offer TIE'incentives to offset certain private project costs.It is expected that new investment within the designated
redevelopment area,as amended,within the City of Canton will stimulate a resurgence of population,employment,
and assessed valuation throughout the entire community.
It should be noted that Tax Increment Financing DOES NOT RAISE PROPERTY TAXES and it IS NOT A
NEW TAX OR A NEW TAXING DISTRICT.Only an increased assessment or an overall increase in tax rates
can raise taxes. TIF is merely used to reallocate increased property tax revenues created only by increased assessed
valuation that is realized after a TIF District is established. A TIF District may last for up to 23 years. With Tax
Increment Financing,the property tax base is preserved during the life of the TIP District that will continue to pay
for the basic public services the proposed redevelopment area already receives.
For additional information,comments and suggestions regarding the Third Amendment to the Canton 1-Downtown/5th
Avenue TIF District,please contact Ms. Nancy Rabel,City Attorney,City of Canton,2 N.Main Street,Canton,IL 61520,
ph: (309) 647-2738.
Diana Pavlev-Rock
City Clerk
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CITY OP CANTON,ILLINOIS
PUBLIC MEETING,JANUARY 12,2017- CANTON CITY HALL
PROPOSED THIRD AMENDMENT TO CANTON 1-DOWNTOWN/5TH AVENUE
TAX INCREMENT FINANCING DISTRICT
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NOTICE OF PUBLIC MEETING
CITY OF CANTON
PROPOSED THIRD AMENDMENT TO CANTON 1-DOWNTOWN/5TH AVENUE TIP DISTRICT
• The City of Canton,Fulton County,Illinois,an Illinois Municipal Corporation,hereby gives Notice of a Public Meeting to be held
on Thursday.January 12.2917 at 5:30 mm.Central Standard T e at the Canton Train Depot 50 N.4111 Avenue—Canton.IL
61520,to consider the proposed Third Amendment to the Canton 1-Downtown/5th Avenue Tax Increment Financing Dist
('TIF District 1")Redevelopment Project Area,Plan and Projects pursuant to the Tax Increment Allocation Redevelopment Act
(65 NI'S 5/11-74.4 er.req.,the"Act').
Pursuant to the Act,the Public Meeting shall be held for the purpose of enabling the City to advise the public as to the City's
possible intent to prepare an Amendment to the Redevelopment Plan and designate an Amended Redevelopment Project Area
and to receive public comment.All taxing disoics having real property in the proposed Amended Redevelopment Project Area,
interested persons,residents,property taxpayers,and all entities that have registered with the City in accordance with registration
guidelines established for the Interested Parties Registry will be given an opportunity to be heard orally and may file,with the
person conducting the meeting,statements that pertain to the subject matter of the meeting.
Proposed Amended Redrvrinnmrnt Proie rt Area:
Pursuant to the Act,the Redevelopment Project Area as Amended("Area')includes only those contiguous parcels
of real property and improvements thereon which would be substantially benefitted by a redevelopment project and
the Area is not less in the aggregate than 11/2 acres.The areas proposed to be added and removed from the Canton
1-Downtown/5th Avenue TIF District are illustrated on the proposed Boundary Map on Page 2 of this notice.
Purpose of Amending the Redevelopment ProjectArca_Plan&Projects.
The City of Canton proposes to amend its TIF District 1 Redevelopment Project Area in order to make adjustments
to the Area by adding and removing properties.The intent of the Amended Redevelopment Plan is to promote and
protect the health,safety,morals,and welfare of the public,address blighted conditions in the Amended Area and
institute conservation measures so as to remove and alleviate adverse conditions,encourage private investment,and
restore and enhance the tax base of the taxing districts by undertaking public and private redevelopment projects
within the Amended Redevelopment Project Area.
Desertion of Tax Increment Financing:
A TIF District establishes a geographic boundary(a redevelopment project area)in which new private investment
is encouraged.A municipality may issue obligations to fmance improvements that will enable the redevelopment of
deteriorated,blighted,or other key conservation areas within its corporate limits.A municipality may also choose
to use TIF funds on a pay-arysxgo basis whereby revenue is spent as it is collected.In either case,by making public
improvements,the municipality may more effectively invite new private investment so that the expected increase in
property tax revenues may be captured,temporarily,to help pay for the public improvements. The City intends to
offer TIF incentives to offset certain private project costs.It is expected that new investment within the designated
redevelopment area,as amended,within the City of Canton will stimulate a resurgence of population,employment,
and assessed valuation throughout the entire community.
It should be noted that Tax Increment Financing DOES Financing DcwaligijitagamagniAnk and it I.4 NOT A
NEW TAX OR ANEW TAXING DISTRICT.Only an increased assessment or an overall increase in tax rates
can raise taxes. TIF is merely used to reallocate increased property tax revenues created only by increased assessed
valuation that is realized after a Tl?District is established. A TIP District may last for up to 23 years. With Tax
Increment Financing,the property tax base is preserved during the life of the TIF District that will continue to pay
for the basic public services the proposed redevelopment area already receives.
For additional information,comments and suggestions regarding the Third Amendment to the Canton 1-Downtown/5th
Avenue TIF District,please contact Ms.Nancy Rebel,City Attorney,City of Canton,2 N.Main Street,Canton,IL 61520,
ph:(309) 647-2738.
Jliana Pavlry-Rork
City Clerk
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