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HomeMy WebLinkAboutOrdinances - ORD-02-1069 - 04/15/2002 - DESIGNATING TIF REDEVELOPMENT PROJECT AREAO R D I N A N C E No. ORD-02-1069 AN ORDINANCE OF THE CITY OF MCHENRY, MCHENRY COUNTY, ILLINOIS, DESIGNATING THE CITY OF MCHENRY TAX INCREMENT REDEVELOPMENT PROJECT AREA A REDEVELOPMENT PROJECT AREA PURSUANT TO THE TAX INCREMENT ALLOCATION REDEVELOPMENT ACT, AS AMENDED WHEREAS, it is desirable and in the best interests of the citizens of the City of McHenry, McHenry County, Illinois (the "Municipality"), for the Municipality to implement tax increment allocation financing pursuant to the Tax Increment Allocation Redevelopment Act, as amended (the "TIFAct"), 65 ILCS 7/11-74.4-1 et seq., for a redevelopment plan and redevelopment project (the "Project" and "Plan") within the municipal boundaries of the Municipality and within a proposed redevelopment project area (the "Area") described in Section 1 of this Ordinance; and, WHEREAS, the Mayor and City Council of the Municipality (the " Corporate Authorities") have heretofore by ordinance adopted and approved the Project and Plan, which Project and Plan were identified in such ordinance and were the subject, along with the Area designation hereinafter made, of a public hearing held on the 1" day of April, 2002, at the City of McHenry Hall, and it is now necessary and desirable to designate the Area as a "redevelopment project area" pursuant to the TIF Act. NOW, THEREFORE, BE IT ORDAINED by the Mayor and City Council of the City" of McHenry, McHenry County, Illinois, as follows: Section 1. Area Designated. The Area, as described in Exhibit A attached hereto and incorporated herein as if set out in full by this reference, is hereby designated as a redevelopment project area pursuant to 65 ILCS 5/11-74.4-4 of the TIFAct. The map of the Area is depicted on Exhibit B attached hereto and incorporated herein as if set out in full by this reference. Section 2. Invalidity of Any Section. If any section, paragraph or provision of this Ordinance shall be held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such section, paragraph or provision shall not affect any of the remaining provisions of this Ordinance. Section 3. Effective Date. This Ordinance shall be in full force and effect immediately upon its passage by the Corporate Authorities and approval as provided by law. PASSED this I rTH day of APRI L , 2002. AYES:, OLG R, LOW, WIMMER NAYS: G LAB ABSENT: MURGATROYD Attest: city 1 c mchenry/U2 ord APPROVED: (::a�2�� - Mayor 2 Legal Description The boundaries of -the Project Area are legally described as follows: That part of Sections 26, 35, and 36, Township 45, Range 8 East of the Third Principal Meridian, located in the City of McHenry and described as follows; Beginning at the Southeasterly corner of Lot 4 in E.M. Owen's Estates Addition to West McHenry, according to the Plat thereof recorded January 31, 1893, as Document #9232 in Book 1 of Plats, page 39, in McHenry County, Illinois; thence Northeasterly along the Southeasterly line of said Lot 4 for a distance of 132 feet to the most Northeasterly corner of said Lot 4; thence continuing Northeasterly along the last described course -for a distance of 132 feet; thence continuing Northeasterly along the last described course (being along the Southeasterly line of the lands described in'Document•#311537 in McHenry County, Illinois) for a distance of 50 feet, more or less, to the -Southeasterly corner of lands described in Document #634138 (excepting lands described in Document #471975) in McHenry County, Illinois; thence continuing Northeasterly along the Southeasterly line of said lands described in said Document #634138 (excepting lands described in #471975 in McHenry County, Illinois), for a distance of 132.0 feet; thence continuing -Northeasterly to a point of deflection in the East boundary of said lands described in Document #634134 (excepting lands described in Document #471975 in McHenry County, Illinois); thence continuing Northwesterly along a line that deflects 14' 29' 11" to the left of the Northerly extension of the; last described course for a distance of 24.13 feet; thence continuing Northwesterly along the last described course (being along the Northeasterly line of lands described in Document #715924 in McHenry County, Illinois) for a distance of 109.37, more or less, to a point on the Southeast right-of-way line of Statd Route 120; thence Southwesterly along the' Southeasterly right-of-way of State Route 120 for a distance of 30.2 feet; thence continuing Southwesterly along a 7° 07' deflection to the left of the last described course for a distance of 120.8 feet; thence Northwesterly at 90" to the last described course for a distance of 80 feet to the Southwesterly corner of Lot 14 iri Matt Baur's Addition to the City of McHenry, according to the Plat thereof recorded February 2, 1932, as Document #100509 in McHenry County, Illinois; thence Northwesterly along the Southwest- erly line of said Lot 14 for a distance of 225.19 feet, more or less, to the most Westerly corner of Exhibit A said Lot 14; thence continuing Northwesterly along the last described course for a distance of 24.81 feet, more or less, to an intersection with the Southeasterly right-of-way line of :Mill Stream Drive according to the plat of Freund's Mill Stream Park Addition Unit #1, recorded April 19, 1949, as Document-#219945 in McHenry County, Illinois; thence continuing North- westerly along the last described course for a distance of 50 feet, more or less, to an intersection with the Northwesterly right-of-way line of said Mill Stream Drive; thence Northeasterly along said Northwesterly right-of-way line of said Mill Stream Drive to a 90° deflection point in said right-of-way; thence Southeasterly along the Southwesterly line of Block 3 in Freund's Mill Stream Park Addition Unit #1 for a distance of 50 feet, more or less, to the Southwesterly -most corner of Lot 20 in Block 3 in said Freund's Mill Stream Park Addition Unit #1; thence continuing Northeasterly along the Southeasterly line of said Lot 20 in Block 3 for a distance of 142.8 feet; thence continuing Northeasterly along the last described course to an intersection with the Southwesterly line of Lot 29, in Block 6 in said Freund's Mill Stream Park Addition Unit #1; thence Southeasterly along the Southwesterly lines of Lots 29 and 30 in said Block 6 in said Freund's Mill Stream Park Addition Unit #1 to a point of intersection with the Northwesterly right-of-way line of State Route 120; thence Northeasterly along said Northwesterly right-of-way line of State Route 120 for a distance of 73 feet, more or less, to the most Southeasterly comer- of Lot 30 in Block 6 in Freund's Mill Stream Park Addition Unit #1; thence continuing Northeast- erly along said Northwesterly right-of-way line of Route 120 (being also the South end of Freund Avenue) for a distance of 30 feet; thence continuing Northeasterly 9.12 feet to a jog point in said Northwesterly ri&ht-of-way line; thence Southerly 4 feet along said Northwesterly right-of-way jog; thence Easterly along the Northwesterly right-of-way in said State Route 120 for a distance of 34.3 feet to a jog point; thence Northeasterly along said Northwesterly right-of-way of said State Route 120 for a distance of 53.95 feet; thence Northeasterly along said Northwesterly right- of-way line of said State Route 120 for a distance of 126.42' feet, more or less, to a point of curvature; thence Northeasterly along a curve to the left -having a radius of 92.3 feet for an arc distance of 115.7 feet, more or less, to a point of tangency; thence Northerly along the Westerly right-of-way line of State Route 31 (being also the Easterly line of Owen's Outlots according to the Plat thereof recorded October 27, 1876 in Book 59 of Deeds, page 265 in McHenry County, Illinois, to an- intersection with the Northwesterly extension of the Northeasterly right-of-way line of Pearl. Street; thence Southeasterly along said Northwesterly extension of said Northeasterly right-of-way of Pearl Street as,said Pearl Street was recorded on McHenry Plat #11 according to the Plat thereof recorded May 6, 1902 as Document #14087, in Book 106 of Deeds, page 111 to an intersection with the Easterly right-of-way line of State Route 31; thence continuing South- easterly along the last described course which is the Northerly right-of-way line of said Pearl Street to a point of intersection with the Northwesterly right-of-way line of Back Street on the Original Plat of Village (now City of) McHenry on the West Side of Fox River, according to the Plat thereof recorded in June of 1840, in Book "B", pages 160 through163 of Deeds, in McHenry County, Illinois; thence continuing Southeasterly along said Northeasterly right-of-way line of Pearl Street for a distance of 990 feet, more or less, to the Northwesterly right-of-way line of Park Street as said Street was recorded on the said Original Plat of the Village (now City of) McHenry on the West Side of Fox River; thence Northeasterly alorig said Northwesterly right-of- way line of Park Street for a distance of 476 feet, more or 71ess, to an intersection with the Northeasterly right-of-way line of Broad Street as recorded on said Original Plat of the Village (now City of) McHenry on the West Side of Fox River; thence continuing Southeasterly on said Northeasterly right-of-way of Broad Street to the Westerly shoreline of the Fox River; thence continuing on the last described course Southeasterly across the Fox River to the Easterly shoreline of said Fox River; thence Southerly along the Easterly shoreline of the Fox River 1450 feet, more or less, to an intersection with the South line of the Southeast Quarter of said Section 26; thence continuing Southerly along the said Easterly shoreline of the Fox River 910 feet, mare or less, to an intersection with the Easterly extension of the Northerly line of lands described in Document #195566 and recorded in Book 289 of Deeds, page 475, in McHenry County, Illinois; thence Westerly crossing the Fox River to the Northeast corner of said lands described in said Document #195566 in McHenry County, Illinois; thence continuing Westerly along the said Northerly line of lands described in said Document #195566 in McHenry County, Illinois, (said Northerly line being' also the Northerly ownership line of the McHenry Country Club) for a distance of 815.0 feet; thence Southerly along a line parallel with and'40 feet East of the Easterly line of the Northwest Quarter of the Northeast Quarter of said Section 35 to the Southwest corner of lands described in said Document #195566 in McHenry County, Illinois; thence Westerly along the Westerly extension of said South line of lands described in Document- #195566 in McHenry County, Illinois, for a distance of 40 feet, more or less, to the Southeasterly corner of Lot 5 in County Clerk's Plat of the North Half of Section 35, Township 45, Range 8 East'as recorded in Book 2 of Plats, page 42, in McHenry County, Illinois; thence Westerly along said Southerly line of Lot 5 in said County Clerk's Plat for a distance of 500 feet, more or less, to the Southwesterly corner of said Lot 5; .thence Southerly along the Southerly extension of the Westerly line of said Lot 5 for a distance of 30.75 feet, more or less, to a deflection- in the Easterly -most line of lands described in Document #216124 in Book 334 of Deeds, page 196 in McHenry County, Illinois; thence Southwesterly for a distance of 214.9 feet along a line. that deflects 15' 06' to the right of the Southeasterly projection of the last described course, to an intersection with the Northeasterly right-of-way of John "Street; thence Southwesterly 50 feet, more or less, to the most Easterly comer of Lot 19 in Owen, Stenger and Allens 2nd Addition according to the Plat thereof recorded April 12, 1922, as Document #54653 in Book 4 of Deeds, page 53 in McHenry County, Illinois, (said point also being located on the Southwesterly right -of way line of John Street); thence Northwesterly along the said Southwesterly right-of-way line of John Street for a distance of 743 feet, more or less, to an intersection with the Easterly right-of- way line of Green Street; thence continuing Northwesterly along the last described course 68.7 feet, more or less, to an intersection with the Westerly ri;ht-of-way line of Green Street; thence Northerly 630 feet, more or less, along the Westerly right-of-way line of Green Street as said right-of-way was established by the Original Plat of West McHenry, according to the Plat thereof recorded June 14, 1859, in Book 24 of Deeds, pages 22 and 23, in McHenry County, Illinois, to an intersection with the Southwesterly right-of-way line of Waukegan Road; thence Northwest- erly along the Southwesterly right-of-way line of said Waukegan Road as established by said Original Plat of West McHenry, for a distance of 817 feet, more or less, to the most Easterly corner of Lot 1 in Block 2 in said Original Plat of West McHenry; thence Northeasterly 66 feet., more or less, to the point of beginning. All located within the City of McHenry, McHenry County, Blinois. Boone waake en Lagoon . Rd 202 203 sos ■ wn� Now John G �... Project Area Boundary 203 Block Number Exhibit B Figure 1 Project Area Boundary /J� maw ■=�O• N W kla Pettierew. Allen 8! Pavne I