O-08-34VILLAGE OF DEERFIELD
LAKE AND COOK COUNTIES, ILLINOIS
ORDINANCE 0 -08 -34
DISSOLVING THE SPECIAL TAX ALLOCATION DISTRICT
FOR THE VILLAGE OF DEERFIELD - VILLAGE CENTER REDEVELOPMENT
PROJECT AREA NO.2
PASSED AND APPROVED BY THE
PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF DEERFIELD, LAKE
AND COOK COUNTIES, ILLINOIS, this
2nd day of September ,2008.
Published in pamphlet form
by authority of the President
and Board of Trustees of the
Village of Deerfield, Lake and
Cook Counties, Illinois, this
day of , 2008.
Ord.
ORDINANCE 0 -08 -34
DISSOLVING THE SPECIAL TAX ALLOCATION DISTRICT
FOR THE VILLAGE OF DEERFIELD - VILLAGE CENTER REDEVELOPMENT
PROJECT AREA NO.2
WHEREAS, the Village of Deerfield, Cook and Lake Counties, Illinois (hereinafter
referred to as "Village "), adopted tax increment financing for the redevelopment project area
commonly described as the Village Center Redevelopment Project Area No. 2 (hereinafter
referred to as the "Area ") in December, 1986, amended in December, 1992 and again in January,
1998, which Area as amended is legally described in Exhibit "A" attached hereto and made a part
hereof, and
WHEREAS, the Village adopted tax increment financing in respect to a Redevelopment
Plan and Project (hereinafter referred to as the "Plan ") for the Area which included as funding
sources State and local sales tax increment and real estate tax increment; and
WHEREAS, the goals and objectives of the Plan have now been fulfilled; and
WHEREAS, all redevelopment project costs, including without limitation all municipal
obligations financing redevelopment project costs, incurred by the Village in accordance with the
Act, will be paid prior to the dissolution date; and
WHEREAS, the Village Treasurer will distribute and pay to the Cook and Lake County
Collectors, the Illinois Department of Revenue and the Village General Fund, all surplus funds
remaining in the Special Tax Allocation Fund after all project costs and all obligations issued to
finance such costs have been paid in accordance with the provisions of 65 ILCS 5/11- 74.4 -8 of
the Illinois Compiled Statutes.
Ord. 2
NOW, THEREFORE, BE IT ORDAINED by the Village Board of the Village of
Deerfield, Cook and Lake Counties, Illinois:
Section One: That the Village will pay prior to the dissolution date all
redevelopment project costs incurred by the Village, retire all obligations issued by the Village to
finance such costs and will distribute any excess monies in accordance with law.
Section Two: The Village hereby dissolves the Special Tax Allocation Fund of
the development project area and terminates the designation of the redevelopment project area as
a redevelopment project area effective on December 31, 2008.
Section Three: The Village Clerk is hereby authorized and directed to forward a
copy of this Ordinance to the County Clerks of Cook County and Lake County, Illinois
Section Four: That this Ordinance shall be in full force and effect from and after
its passage, approval and publication in the manner provided by law.
Section Five: That all other ordinances or parts of ordinances in conflict with this
Ordinance are hereby repealed.
PASSED: This 2nd day of September , 2008
AYES: Benton, Feldman, Jester, Rosenthal, Seiden, StruthPrg-M1
NAYS: None (0
ABSENT: None (0)
APPROVED by me this 2nd day of September , 2008.
Ord. 3
0 it age of Deerfield,
0o and Lake unties, Illinois
ATTESTED AND FILED in my office this 2nd d of Sept. , 2008, and published
in pamphlet form of the 2nd day of September , 2 8.
1.,k A /- -
Village C erk
Ord. 4
EYH73IT A
T -e boundaries of the Village Center Redevelopment Project Area., by legal
description, are as follows:
That pa, t of the southwest quarter of Section 28, the southeast quarter of Section
29, the northeast quarter of Section 32 and the northwest and southwest quavers
Of Secc:en 33, Township 43 `forth, Range 12, East of the Third Principal
Meridian. described as follows: Commencing at the point of intersection of the
center lire of Hazel Avenue and the centerline of Chestnut Street; thence easterly
alone the center line of Hazel Avenue to the easterly right -of -way line of
Waukegari Road; thence southeasterly along said right -of -way line to the north
rlght-of-',vav line of Orchard Street; thence easterly along said right -of -way line
to a point directly north of the nor-d-iwest comer of Lot 14, Owners' Homestead
Subdivision. Rec. December 11, 1922. Doc. 1218364; thence southerly along Elie
western crooertv line of Lots 1-1, 16, 17 and portion of 20 in Owners' Homestead
Subdivision to a point 41.80' north of the southwest corner of Lot 20 in said
subdivision; thence east and parallel to the south lot line of Lot 20 in said
subdivision to a point on the wester right- of -wav line of Todd Court if extended
south; thence north along said line to the southwest comee of Todd Court; thence
east along the right -of -way line of Todd Court to the center line of Todd Court;
thence south along the center line of Todd Court if extended a distance of 10.0';
thence east and parallel to the north property line of Lot* 26 in Owners'
Homestead Subdivision a distance of 25.0' thence south and parallel to the west
properry line of said Lot 26 to the south property line of said Lot 26; thence east
along the south property line of said Lot 26 to the east property line of said lot;
thence south along the west property lines of Lots 31, 30 and 29, O.B. Von
Linde's Subdivision, Rec. March 20, 1992, Doc. 7210087, to the southwest
corner of said Lot 29; thence east along the south property line of said Lot 29 to
the center line of Rosemary Terrace; thence south along said center line to the
north right -of -way line of Deerfield Road; thence southeasterly in a straight line
to the northeast comer of Lot 4, William W. Clark's Subdivision, Rec. August
8, 1905, Doc. 7101434; thence south along the east property line to the southeast
corner of said Lot 4; thence west along the south property line to the northwest
corner of Lot 8, Goldman's North Shore Golf Links Subdivision, Rec. January
7, 1924, Doc. 7241049; thence southeasterly along the western property line of
said Lot 8 to the southeast corner of Lot 1, Lynn's Whittier Avenue Subdivision,
Rec. August 13, 1953, Doc. #799408; thence westerly along the south property
line of said Lot 1 to a point 75' west of the northeast corner of Lot 3 in Lynn's
Whittier Avenue Subdivision: thence south and parallel to the east property line
of said Lot 3 to the south property line of said Lot 3: thence southwesterly along
said property line and the northwesterly property line of Lot 51 in Goldman's
iVotzh Snore Golf Links Subdivision to the northwest corner of said Lot 51:
thence southeasterly along the westerly property line of Lots 51, 54 and 55 in
Goldman's North Shore Golf Links Subdivision to the northeast corner of Lot 57
in Goldman's North Shore Golf Links Subdivision; thence southwesterly along the
northwest properry line of said Lot 57 to the east right -of -way line of Waukegan
Road; thence southeasterly along said. right-of-way line to a point 280' south of
the north right -of -way line of Kates Road extended; thence southwest and
perpendicular to the aforesaid line to the center line of Waukegan Road; thence
northwest and parallel to the east right -of -way line of Waukegan Road to the
north right -of -way line of Kates Road extended; thence west along the north right -
of -way line of Kates Road to the westerly right -of -wav line of the Chicago,
Nlilwaukee, St. Paul and Pacific Railway Company; thence northwesterly along
said railway right -of -way to the center line of Central Avenue; thence due west
to the center line of Elm Street; thence northwesterly along said center line to the
center line of Sunset Court; thence west along said center line to a point directly
south of a point 126.8' west of the aforementioned western railway right -of -way
line on a line 30' north of and parallel to the center line of Sunset Court; thence
north a distance of 202' more or less; thence west 55', thence north to the south
right -of -way line of Deerfield Road; thence west along said right-of-way line to
the center line of Chestnut Street; thence north along said center line to the point
of beginnine, all in the Village of Deerfield, County of Lake, State of Illinois.
The boundaries of the Village Center Redevelopment Project Area; by street
location, are as follows:
Beginning at-the intersections of Hazel Avenue and "Chestnut Street running east
alone the center line of Hazel Avenue to the northeast right -of -way line of
Waukegan Road; then southeast along said right-of-way to the north right -of -way
line of Orchard Street; then east along said right -of -way line to the west property
of 665 Orchard Street; then south along said property line and 852, 846 and 840
Todd Court to the Firstar Bank's (700 Deerfield Road) north property line, then
east along said property line to the south property line of 839 Todd Court, then
east along said line to the west property line of 832 Todd Court, then south along,
the west property lines of 832, 826 and 820 Rosemary Terrace to the northwest
corner of the Village Municipal parking lot; then east to the center line of
Rosemary Terrace; then south to Deerfield Road; then southeast to the east
property line of 621 Deerfield Road, then south along said property line to the
north property line of 576 Whittier Avenue; then west and then southeast alone
said property line to the northeast corner of 584 Whittier Avenue; then west along
the north property line of said lot to the east property line of the First Midwest
Bank NA (725 N. Waukegan Road); then south along said line to Whittier
Avenue; then southwest along the north property line of 728 Hermitage Drive to
the northeast corner of 675 Waukegan Road; then southeast along the east
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proue -Lv lines of 676, 663 and 666 Waulegan Road to the south right -of -way lire
of Longfe!low Avenue; then southwest along the said line to the northeast right -
of-wav line of Waukegan Road; then southeast along said line to a point ?80 fey;
south of the north right -of -way line of Kates Road extended; then southwest to
the center line of Waukegan Road; then northwest along said center line to the
north right -of-way line of Kates Road e;,tpnded; rhea west along the north right-
of-way line of Kates Road to the westerly right-of-way line of the Chicago,
ivlilwaukee, St. Paul and Pacific Railway; Ghen northwest along said line to
Central Avenue; then west to the center line of Elm Street: then northwest along
said line to the center line of Sunset Court; then west along said line to u`te west
prooe:ry line of Decrfield's commute; parking lot; then northerly along the
western property line of said lot to DeeZield Road; then west to the center line
of Chestnut Street; then northerly along said center to the point of oeQintina.
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