HomeMy WebLinkAbout#4060 Tax Increment 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 171H DAY OF
JANUARY, 2017 ADOPTED ORDINANCE NO. 4060, A TRUE AND CORRECT COPY OF
WHICH IS CONTAINED IN THIS PAMPHLET.
GIVEN UNDER MY HAND AND SEAL THIS 18TH DAY OF JANUARY,2017.
(SEAL)
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CITY CLERK
CITY OF CANTON, ILLINOIS
ORDINANCE NO. 4060
AN ORDINANCE TO ESTABLISH A DATE
FOR A PUBLIC HEARING
FOR
CANTON TAX INCREMENT FINANCING DISTRICT 3
PASSED BY THE CITY COUNCIL
OF THE CITY OF CANTON, FULTON COUNTY, ILLINOIS,
ON THE 17TH DAY OF JANUARY, 2017
PUBLISHED IN PAMPHLET FORM BY AUTHORITY OF THE CITY
COUNCIL OF THE CITY OF CANTON, FULTON COUNTY, ILLINOIS,
THIS 17TH DAY OF JANUARY,2017
EFFECTIVE: JANUARY 17,2017
ORDINANCE NO. 4060
CITY OF CANTON, ILLINOIS
ORDINANCE TO ESTABLISH A DATE
FORA PUBLIC HEARING
for
CANTON TAX INCREMENT FINANCING DISTRICT 3
WHEREAS,the"Tax Increment Allocation Redevelopment Act",65 ILCS 5/11-74.4-1 et.seq.,
as amended (hereinafter referred to as the "Act") provides for municipalities to create within their
corporate boundaries tax increment financing redevelopment areas;and
WHEREAS,the City of Canton,Fulton County,Illinois,(the"City"),has determined that the
stable economic and physical development of certain areas within the City are endangered by the
presence of blighting factors as defined in said Act; and
WHEREAS,pursuant to Section 11-74.4-4.2 of the Act the City approved Ordinance No.4056
on December 20,2016,authorizing the establishment of a Tax Increment Financing"Interested Parties
Registry" and adopted Registration Rules with regard to such Registry;and
WHEREAS, pursuant to Section 11-74.4-5 of the Act, the City Council must cause a Public
Hearing to be held on the proposed Tax Increment Financing (TIF) District Redevelopment Plan,
Redevelopment Projects and a designation of a Redevelopment Project Area;and
WHEREAS, pursuant to Section 11-74.4-6(c) of the Act, the City shall provide notice by
certified mail to each taxing district which levies a tax within the Redevelopment Project Area and the
Illinois Department of Commerce and Economic Opportunity (DCEO) not less than forty-five (45)
days prior to the date set for the Public Hearing. Said Notice of the Public Hearing shall include the
date, time and location of the Public Hearing, and an invitation to each taxing district and DCEO to
submit comments to the City, in care of the Clerk of the City of Canton,City Hall, 2 N. Main Street,
Canton, Illinois 61520, concerning the subject matter of the Public Hearing prior to the date of the
Public Hearing;and
WHEREAS,pursuant to Section 11-74.4-5(b)of the Act the City shall convene a Joint Review
Board meeting to be held at least fourteen(14) days but not more than twenty-eight(28) days after the
mailing of notice of the Public Hearing as referenced above.This Joint Review Board shall consist of
a representative selected by each community college district,the local elementary school district and high
school district or each local community unit school district,park district,library district,township,fire
protection district,the county,this City and a public member to be selected by a majority of the other
board members. The City will provide notice of the convening of the Joint Review Board to the
applicable taxing districts;and
WHEREAS,pursuant to Section 11-74.4-5(a) of the Act the City shall provide notice by mail
of the availability of the Redevelopment Plan and Qualification Report, including how to obtain this
information,within a reasonable time after the adoption of this Ordinance,to all residential addresses
that,after a good faith effort,the municipality determines are located within 750 feet of the boundaries
of the proposed Redevelopment Project Area and to those residents and organizations that have
registered with the City for that information in accordance with the registration guidelines established
by the City under Section 11-74.4-4.2 in the "Interested Parties Registry"; and
WHEREAS, pursuant to Section 11-74.4-6 of the Act, the City shall provide notice of this
Public Hearing by publication and mailing. Notice by publication shall be given at least twice,the first
publication to be not more than thirty (30) or less than ten (10) days prior to the Public Hearing,in a
newspaper of general circulation within the taxing districts in the Area,and said notice by mailing to be
given by depositing such notice in the United States mail by certified mail not less than ten (10) days
prior to the date set for the Public Hearing addressed to the person or persons in whose name the
general taxes for the last preceding year were paid on each lot,block,tract,or parcel of land lying within
the Redevelopment Project Area.
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NOW,THEREFORE,BE IT ORDAINED by the Mayor and City Council of the City of
Canton, Fulton County, Illinois:
1. The recitals set forth in the preamble to this Ordinance are hereby incorporated by
reference as if fully set forth herein.
2. The Public Hearing for the proposed Canton Tax Increment Financing District 3 shall
be held at 5:30 p.m.,Central Standard Time,on March 14,2017,at the Canton City
Train Depot, 50 N. 4th Avenue, Canton,Illinois.
PASSED, APPROVED AND ADOPTED by the Corporate Authorities of the City of
Canton this 17th day of January,2017 and filed in the Office of the City Clerk of said City on that date.
CORPORATE AYE NAY ABSTAIN ABSENT
AUTHORITIES VOTE VOTE
Gerald Ellis X
Ryan Mayhew X
Angela Hale X
Justin Nelson X
Craig West X
John Lovell X
Tad Putrich X
Jeffrey Fritz, Mayor
TOTAL VOTES: 5 0 1 1
APPROVED:
ja,, / Date: O01/4'427/7
Mayor
ATTEST:
Date: �/1 -/ 7
erk
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