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Notice of Public Hearing for TIF 3


NOTICE OF PUBLIC HEARING

 VILLAGE OF DOWNS, MCLEAN COUNTY, ILLINOIS

PROPOSED APPROVAL OF REDEVELOPMENT PLAN AND REDEVELOPMENT PROJECT, ESTABLISHMENT OF REDEVELOPMENT PROJECT AREA AND ADOPTION OF TAX INCREMENT ALLOCATION FINANCING THEREFOR

 

                  NOTICE IS HEREBY GIVEN that the President and Board of Trustees (the “Corporate Authorities”) of the Village of Downs, McLean County, Illinois (the “Municipality”) will hold a public hearing for the purpose of hearing all protests and objections in connection with the proposed approval of a redevelopment plan entitled “Tax Increment Financing Redevelopment Plan and Project” (the “Redevelopment Plan”), establishment of a redevelopment project area to be known as the “Redevelopment Project Area No. 3” (the “Redevelopment Project Area”) and the proposed adoption of tax increment allocation financing therefor 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”), including notice as follows:

 

                  1.          The Corporate Authorities of the Municipality will hold the public hearing at 6:00 p.m. on Thursday, November 5, 2015, at the Village Hall, 211 S. Seminary Street, Downs, Illinois 61736.  Such public hearing may be adjourned by the Corporate Authorities of the Municipality to another time and date without further notice other than a motion to be entered upon the minutes of the Corporate Authorities of the Municipality fixing the time, date and place of such adjourned public hearing.

 

                  2.          The boundaries of the proposed Redevelopment Project Area are attached to and immediately follow this Notice of Public Hearing.  The proposed Redevelopment Project Area contains approximately 610 acres, including street and highway rights-of-way (507 acres net of rights-of-way), consists of approximately 41 parcels and is generally described as follows:

  •       Several properties containing quarry ponds and a commercial lot south of I-74 and along County Road 700 N.;
  •       An area located north and west of the interchange between I-74 and S. Seminary St.;
  •       An area located north and east of the interchange between I-74 and S. Seminary St. and east of Shaffer Dr.;
  •       A parcel of land containing former strip mine located on the west side of S. Huff Rd., between I-74 and the abandoned railroad;
  •       Kickapoo Park; and
  •       Several tracts of land on the north side of U.S. Route 150 containing a pond and a former landscape/nursery business.

 

                  3.          The proposed Redevelopment Plan, which includes in reasonable detail the basis for the eligibility of the Redevelopment Project Area under the Act and a description of the proposed redevelopment project, is on file with and available for public inspection at the office of the Village Clerk of the Municipality located in the Village Hall, 211 S. Seminary Street, Downs, Illinois 61736.  In general, such Redevelopment Plan sets forth the program of the Municipality to alleviate, as applicable, blighting and/or conservation conditions in the Redevelopment Project Area and to enhance the tax base of both the Village and the taxing districts having taxable property within the Redevelopment Project Area by utilizing tax increment financing to fund various eligible redevelopment project costs to stimulate private investment in the Redevelopment Project Area.  These eligible redevelopment costs may include, but are not limited to, studies, surveys, development of plans and specifications, including staff and professional service costs for architectural, engineering, legal, environmental, marketing or other services; property assembly, including acquisition of land and other property, real or personal and related disposition of land (including up to 100% write-down or reimbursement); demolition of structures, site preparation and the clearing and grading of land; rehabilitation, reconstruction, repair or remodeling of existing public or private buildings, fixtures or leasehold improvements; the construction of public works or improvements (construction or reconstruction of rights-of-way, additional safety barriers, streets, roadways, curbs and gutters, street lighting, sidewalks, bicycle pathways and public utilities, including storm and sanitary sewers, and lift stations); financing, including any related to the issuance of obligations; interest costs incurred by a redeveloper related to the construction, renovation or rehabilitation of a Redevelopment Project; and relocation expenses to the extent that the Municipality determines that these costs shall be paid or are required by federal or state law.  To achieve this objective, the Redevelopment Plan proposes to provide assistance for residential, commercial and light industrial (including mixed use) development, and related and appurtenant development.

 

                  4.          The Corporate Authorities of the Municipality will give all interested persons an opportunity to be heard at the public hearing.  In addition, any interested person or any affected taxing district may file written comments with the Municipality at or before the public hearing regarding any issues embodied in the subject matter of this Notice of Public Hearing by directing such comments to the attention of the Village Clerk, Village Hall, 211 S. Seminary Street, Downs, Illinois 61736 (Telephone:  309/378-3221; Fax:  309/378-3221; E-mail:  Clerk@VillageOfDowns.org).

 

                  5.          The Municipality hereby requests proposals from any developer or redeveloper in connection with the Redevelopment Project Area.

 

                  6.               Additional information with respect to the proposed Redevelopment Plan, redevelopment project and Redevelopment Project Area (including the eligibility and qualification of the Redevelopment Project Area) can be obtained from the following:

 

                        Mike James

                        Village President

                        211 S. Seminary Street

                        Downs, IL  61736

                        Tel:  (309) 378-3221

                        Fax:  (309) 378-3221

                        Email:  Mayor@VillageOfDowns.org

 

                  By order of the President and Board of Trustees of the Village of Downs, McLean County, Illinois.

 

 

                                                                                                            By:/s/Julie James____________________________

                                                                                                                          Village Clerk


BOUNDARY LEGAL DESCRIPTION

 

Beginning at the Northeast Corner of the Southwest Quarter of Section 5, Township 22 North, Range 3 East of the Third Principal Meridian, McLean County, Illinois.  From said Point of Beginning, thence south, along the East Line of said Southwest Quarter to the North Line of the South Half of the South Half of the Southeast Quarter of said Section 5; thence east, along said North Line to the East Line of Darling Subdivision according to the plat recorded March 11, 1968 as Document No. 68-1704; thence north along said East Line to the southerly Right of Way line of the Interstate 74; then northwesterly along said Right of Way Line to the intersection of said Right of Way line with the East Line of the Northwest Quarter of said Section 5; thence north, along said East Line to the intersection of Kickapoo Creek; thence northerly and easterly along said Centerline to the East Line of the West 30 Acres of the Northwest Quarter of the Northeast Quarter of said Section 5; thence north along said East Line of the West 30 Acres to the North Line of Section 5; thence east, along said North Line to the West Line of the property described as Exception No. 2: in Document recorded February 19, 2015 as Document No. 2015-00002705; thence south, along said West Line to the Southwest Corner of said property; thence east, along the South Line of said property to the Southwesterly Right of Way Line of the Norfolk and Southern Railroad; thence southeast, along said Right of Way Line to the East Right of Way Line of said N. Huff Road; thence north, along said Right of Way Line to the South Line of Davison’s Homesite Subdivision also being the North Line of Section 5; thence east, along said North Line to the Northeast Corner of said Section 5; thence southeast 330 feet; thence easterly 410 feet; thence southeast 337.50 feet; thence east 570.00 feet; thence northeast 405 feet more or less to the centerline of Kickapoo Creek; thence northeast 102.79 feet along said centerline; thence northeast 105.31 feet along said centerline; thence northeast 58.86 feet along said centerline; thence northeast 120.80 feet along said centerline; thence northeast 125.56 feet along said centerline; thence northeast 182.45 feet along said centerline; thence northeast 38.42 feet along said centerline; thence northeast 204.60 feet along said centerline; thence northeast 180.86 feet along said centerline; thence northeast 290.70 feet along said centerline to the North Right of Way Line of U.S. Route 150; thence northwest 885 feet along said North Right of Way Line; thence north 266 feet more or less to the North Line of Lot 8 of the Subdivision of the Southwest Quarter of Section 33; thence east 196 feet along said North Line; thence north 873 feet to the North Line of Lot 3 of the Subdivision of the Southwest Quarter of Section 33; thence southeast 222.00 feet along said North Line to the Northeast Corner of said Lot 3; thence northeasterly 180.00 feet the North Line of Lot 2 of the Subdivision of the Southwest Quarter of Section 33; thence southeast 634.00  feet to the centerline of Kickapoo Creek; thence southeasterly 664 feet more or less along said centerline to the North Line of the Southwest Quarter of the Southeast Quarter of said Section 33; thence east along said North Line to the Northwest Corner of Indian Hills Subdivision; thence south along the West Line of said Indian Hills Subdivision to the Northwest Corner of Indian Hills Subdivision 2nd Addition; thence south 90.00 along the West Line of said 2nd Addition; thence southeast 195.00 feet more or less to the East Line of Lot 18 of said 2nd Addition; thence southwesterly along said East Line to the Southeast Corner of said Lot 18; thence southwest along the South Line of said Lot 18 to the West Line of said 2nd Addition; thence south along said West Line to the Northwest Corner of Lot 22 in said 2nd Addition; thence west along the north line of Lots 23 through 26 in said 2nd Addition to the Northwest Corner of said Lot 26; thence south along the West Line of said Lot 26 and the southerly extension thereof to the South Right of Way Line of U.S. Route 150; thence south to the West Right of Way Line of Seminary Street; thence south along said West Right of Way Line to the North Line of the South 15.5 feet of the East 383 feet of Lot 11 of the Subdivision of the Southwest Quarter of Section 33; thence south 15.5 feet; thence east to the Northwest Corner of the property described in Document No. 200R17005 in the McLean County Recorder’s Office; thence south along the West Line of said property to the Southwest Corner thereof; thence east 17.00 feet along the South Line of said property; thence south 100.00 feet; thence east 150.00 feet; thence south 162.00 feet; thence east 150.00 feet to the West Line of Seminary Street; thence south to the Northeast Corner of Lot 1 in Block 3 in the Original Town Survey of the Village of Downs; thence west along the North Line of said Lot 1 and the westerly extension thereof to the Southeast Corner of Lot 4 of Kickapoo Park Subdivision according to the plat recorded May 27, 1959 as Document No. 51546; thence north along the East Line of said Kickapoo Park Subdivision and the northerly extension thereof to the Southeast corner of the property described as Tract 3 in Quit Claim Deed dated January 5, 2009 as Document No. 2009-00000188 in said McLean County Recorder’s Office; thence west along the North Line of said Tract 3 to the Northwest Corner thereof; thence south to the Northwest Corner of Lot 1 in Kickapoo Park Subdivision; thence west to the Northwest Corner of the property described in Warranty Deed recorded April 17, 2015 as Document No. 2015-00006471; thence south along the West Line of said property to the Northwest Corner of Lot 5 in Kickapoo Park Subdivision; thence west and southwesterly along the North Line of said Kickapoo Park Subdivision to the Northwest Corner thereof; thence northwesterly along the Northerly Line of the property described in Warranty Deed dated October 8, 2010 as Document No. 2010-00024674 in said McLean County Recorder’s Office; thence southerly along the Westerly Line of said property to the Northerly Right of Way Line of Norfolk and Southern Railroad; thence southeasterly along said Right of Way Line to the Southwest Corner of Kickapoo Park 2nd Subdivision; thence east to the Southeast Corner of Lot 11 in Block 6 in the (Princeville) Original Town; thence south to the Southeast Corner of the North 106.5 feet of Lot 2 in Block 11 in the Village of Downs; thence west along the South Line of said North 106.5 feet to the West Line of said Lot 2; thence south to the Southeast Corner of Lot 3 in said Block 11; thence west along the South line of said Lot 3, Lot 4 and the westerly extension thereof to the Southerly Right of Way Line of the Norfolk and Southern Railroad;  thence southeasterly along said Right of Way Line to the Northwest Corner of the property described in Warranty Deed recorded May 23, 1980 as Document No. 80-5154; thence south along the West Line of said property to the Southwest Corner thereof; thence east along the South Line of said property to the Southeast Corner thereof; thence north along the East Line of said property to the Southerly Right of Way Line of the Norfolk and Southern Railroad;  thence southeasterly along said Right of Way Line to the intersection of said Right of Way Line with the northerly extension of the East Right of Way Line of County Highways 27 and 36; thence southerly along said East Right of Way Line to the Northwest Corner of Lot 4 in the Commissioner’s Subdivision of Adam Waybright Estate also being the Northwest Corner of the property conveyed by Trustee’s Deed dated May 1, 1996 as Document NO. 96-11847; thence southeast along the North Line of said property; thence southerly, westerly and easterly along the East Line of said property to the Southeast Corner of said property; thence east along the South Line of property conveyed in in Warranty Deed dated September 28, 1999 as Document No. 99-30165 to the Southwest Corner of the property conveyed in Warranty Deed dated March 2, 2007 as Document No. 2007-00005368; thence east along said South Line to the Southeast Corner of said property; thence north along the East Line of said property to a point lying 30.00 feet west of the Southwest Corner of the property conveyed in Quit Claim Deed dated October 21, 2013 as Document No. 2013-00026500; thence east 30.00 to the Southwest Corner of said property; thence north along the West Line of said property; thence southeast along the North Line of said property Northeast Corner of said property; thence easterly to the Southerly Right of Way Line of the Norfolk and Southern Railroad; thence southeasterly along said Right of Way Line to the Northeast Corner of the Southeast Quarter of the Southeast Quarter of Section 4, Township 22 North, Range 3 East of the Third Principal Meridian, McLean County, Illinois; thence south along the East Line of said Section 4 to a point 111.4 feet west of the Southerly Right of Way Line of the Norfolk and Southern Railroad; thence east 111.4 feet to said Right of Way Line; thence southeasterly along said Right of Way line to the centerline of a ditch; thence southwest along said centerline to the South Line of said Section 4; thence west along said South Line to the Southwesterly Right of Way Line of Interstate 74; thence westerly along said Right of Way Line to the centerline of Township Road N 2075 East Road; thence northwesterly and southwesterly along said centerline to the Northeast Corner of Lot 1 in Cross Creek Plaza Phase I according to the plat recorded March 23, 2009 as Document No. 2009-08537; thence south along the East Line of said Lot 1 to the Southeast Corner thereof, thence west along the South Line of said Lot 1 to the Southwest Corner thereof; thence north along the West Line of said Lot 1 to the Northwest Corner of said Lot 1; thence northwest perpendicular to the West Right of Way Line of County Highway 36 to said West Right of Way Line; thence southerly along said Right of Way Line to a point on the East Line of the Southeast Quarter of Section 5; thence south along said East Line to the Northeast Corner of Section 8;  the south along the East Line of Section 8 to the centerline of Kickapoo Creek; the southwesterly along said centerline to the West Line of the Northeast Quarter of said Section 8; thence north along the West Line of said Northeast Quarter to the Northwest Corner of said Northeast Quarter; thence west along the North Line of said Section 8 to a point lying 206.00 feet East of the Southwest Corner of the East Half of the Southwest Quarter of Section 5; thence north 396.00 feet perpendicular to said South Line; thence west parallel with said South Line 206.00 feet to the West Line of said East Half; thence north along the West Line of said East Half to the centerline of Kickapoo Creek; thence northeasterly along said centerline to the Point of Beginning.


 

Excepting therefrom the following;

Mallard Point Subdivision according to the plat recorded as Document No. 1996-00018714 (except Outlot A); Mallard Point II Subdivision Phase I according to the plat recorded as Document No. 1999-00012114 (except Outlot 23), Mallard Point II Subdivision Phase II according to the plat recorded as Document No. 2000-00005626 (except Outlot 46) and Mallard Point II Subdivision Phase III according to the plat recorded as Document No. 2001-00006845 (except Outlot 78); the property described in Warranty Deed recorded as Document No. 2013-00013541; the property described in Warranty Deed recorded as Document No. 2002R18468; the property described in Quit Claim Deed recorded as Document No. 2009-00030638; the property described in Warranty Deed recorded as Document No. 2007-00014955; the property described in Warranty Deed recorded as Document No. 2005-00033920; the property described in Warranty Deed recorded as Document No. 2007-00025731;  the property described in Warranty Deed as Document No. 2006-00021941; the property described in Easement Document recorded as Document No. 2008-00010848; the property described in Warranty Deed as Document No. as 2006-00033666; Singley Subdivision to the Village of Downs according to plat recorded as Document No. 2000-00000812; the property described in Document No. 99-38960; the property described in Document No. 2007-00024146; the property described in Document No. 2004-00039696; the property described in Document No. 2004-00003075; the property described in Document No. 2006-00035333; the property described in Document No. 2011-26872 and the property shown on Plat Of Survey recorded as Document No. 2015-000043.