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Urbana adopts Central Redevelopment Project area

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The city of Urbana Community Development Services has a new ordinance pertaining to the Central Redevelopment Project Area. | File photo

The city of Urbana Community Development Services has a new ordinance pertaining to the Central Redevelopment Project Area. | File photo

The city of Urbana Community Development Services has a new ordinance pertaining to the Central Redevelopment Project Area.

Here's the ordinance, as provided by the city:

ORDINANCE NO. 2016-09-084

AN ORDINANCE ADOPTING AND APPROVING THE

REDEVELOPMENT PLAN AND THE RELATED

REDEVELOPMENT PROJECTS FOR THE PROPOSED

CENTRAL REDEVELOPMENT PROJECT AREA OF THE

CITY OF URBANA, CHAMPAIGN COUNTY, ILLINOIS

WHEREAS, the City of Urbana, Champaign County, Illinois (the “Municipality”), acting through its City Council (the “Corporate Authorities”) and other officers and representatives, has duly noticed, held and conducted all proceedings, including the required public hearing and joint review board action preliminary to the designation of the Central Redevelopment Project Area (the “Redevelopment Project Area”), the approval of the Tax Increment Financing Redevelopment Plan and Project (the “Redevelopment Plan”) including the related redevelopment projects described therein (the “Redevelopment Projects”) and the adoption of tax increment financing to finance the Redevelopment Plan and the Redevelopment Projects, all under and pursuant to the Tax Increment Allocation Redevelopment Act (65 ILCS 5/11-74.4-1 et seq.), as supplemented and amended (the “Act”); and

WHEREAS, pursuant to Ordinance No. 2016-05-040, adopted May 23, 2016, the Corporate Authorities set 7:00 p.m. on Monday, July 11, 2016, at the Urbana City Building, 400 S. Vine Street, Urbana, Illinois, as the time and place for a public hearing as required under Section 11-74.4-5 of the Act, which such public hearing was held and conducted at such time and place and thereafter completed and closed on such date.

NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF URBANA, CHAMPAIGN COUNTY, ILLINOIS, as follows:

Section 1. Under the Act, the Municipality hereby adopts and approves the Redevelopment Plan, including the related Redevelopment Projects, for the Redevelopment Project Area and hereby ratifies, confirms, adopts and approves as true, complete and correct all findings and certifications made therein.

Section 2. The Redevelopment Plan shall be in the form presented to the Corporate Authorities at the time this Ordinance is adopted. The Redevelopment Plan as so adopted and approved shall be on file with this Ordinance in the records of the City Clerk (but any failure to so file it shall not abrogate, diminish or impair its effect).

Section 3. The City Clerk shall file or cause to be filed a certified copy of this Ordinance and a copy of the Redevelopment Plan with the County Clerk of Champaign County, Illinois.

Attachment A.1-2-

Upon motion by Council Member __________________, seconded by Council Member

_________________, adopted this _____ day of ____________, 2016, by roll call vote, as follows:

Voting “Aye” (names): _______________________________________________________________

_______________________________________________________________

Voting “Nay” (names): _______________________________________________________________

_______________________________________________________________

Absent (names): _______________________________________________________________

PASSED this _____ day of ____________, 2016.

__________________________________________

Phyllis D. Clark, City Clerk

APPROVED this ____ day of ____________, 2016.

__________________________________________

Laurel Lunt Prussing, Mayor

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