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HomeMy WebLinkAboutResolutions - R-08-022 - 12/15/2008 - INTENT TO ESTABLISH BUSIENSS DISTRICT FOR REDEVELOResolution R-08-022 Resolution of Intent to Establish a Business District for the Purpose of Development and Redevelopment of the Gary Lang Auto Group Property WHEREAS, it is essential to the economic and social welfare of the city of McHenry that the retail districts be encouraged, developed, maintained, and revitalized by assuring opportunities for development or redevelopment and attracting sound and stable commercial growth; and WHEREAS, Illinois State Statutes provide the authority for municipalities to create ]Business Districts for the purposes of Development and Redevelopment efforts; and WHEREAS, creation of a Business District requires approval of a Business District Plan and a Public Hearing on the matter; and WHEREAS, creating a Business District as defined by Illinois State Statutes authorizes municipalities to expend public funds as may be necessary for the planning, execution and implementation oi"Business District plans; and WHEREAS, the city of McHenry has passed and approved a Comprehensive Plan and Land Use Map as required by Illinois State Statutes; and, WHEREAS, it has been determined the Gary Lang Auto Group Property described on Exhibit A herein attached and made a part hereof is in need of development in accordance with the City's approved Comprehensive Plan; and WHEREAS, the McHenry City Council supports the establishment of a Business District and the provision of development incentives through the Business District as specified in the Business District Plan in the form of a sales tax rebate for a portion of the sales tax generated from the operation of a new automobile dealership within said Business District as specified in Exhibit B attached hereto and made: a part hereof, and WHEREAS, the creation of the Business District and Business District Plan is dedicated to the promotion of the public interest of the residents of the city of McHenry and to the enhancement of the tax base within the Business District and the use of the Business District and Business District Plan is hereby declared to be a public use essential to the public interest. NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of McHenry, McHenry County, Illinois., as follows: 1. That it is the city of McHenry's intent to establish a Business District for the purpose stated herein; 2. That it is the city of McHenry's intent to approve a Business District Plan for the purpose stated herein; 3. That a public hearing for the creation of the Business District and approval of the Business District Plan will be held on January 19, 2009; 4. That notice shall be published in the Northwest Herald between January 5, 2009 and January 12, 2009 notifying the general public of the Public Hearing; and, 5. That a copy of the Business District Plan will be available at the Office of the City Clerk in the McHenry Municipal Center. Passed and approved this 15'' day of'December, 2008. Voting Aye: Santi, Glab, Schaefer, Murgatroyd, Wimmer, Peterson, Condon Voting Nay: None Not Voting: None Abstaining: None Absent: None APPROVE IL�'— May ATTEST: Cit Cle k