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2013-37 APPROVING THE GRAND AVENUE TAX INCREMENT REDEVELOPMENT PLAN
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2013-37 APPROVING THE GRAND AVENUE TAX INCREMENT REDEVELOPMENT PLAN
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Last modified
8/13/2015 2:35:25 PM
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8/13/2015 2:35:19 PM
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Resolution/Ordinance
Res Ord Num
2013-37
Res Ord Title
APPROVING THE GRAND AVENUE TAX INCREMENT REDEVELOPMENT PLAN
Department
Development Services
Approved Date
5/6/2013
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i <br /> co <br /> m (L) Lack of community planning. The proposed redevelopment project area <br /> tl was developed prior to or without the benefit or guidance of a corm nity plan. 'this <br /> means that the development occurred prior to the adoption by the n unicipality of a <br /> comprehensive or other community plan or that the plan was not follow d at the time of <br /> Mthe areas development. This factor must be documented by evidenc of adverse or <br /> incompatible land-use relationships, inadequate street layout, impro er subdivision, <br /> parcels of inadequate shape and size to meet contemporary devetopm nt standards, or <br /> pother evidence demonstrating an absence of effective community planning. <br /> 0 <br /> (M) The total equalized assessed value of the proposed redev4lopment project <br /> area has declined for 3 of the last 5 calendar years prior to the year in which the <br /> redevelopment project area is designated or is increasing at an annual rate that is less than <br /> the balance of the municipality for 3 of the last 5 calendar years for whih information is <br /> available or is increasing at an annual rate that is less than the Consume Price Index for <br /> All Urban Consumers published by the United States Department of Laor or successor <br /> agency for 3 of the last 5 calendar years prior to the year in which th redevelopment <br /> project area is designated. <br /> (2) If vacant, the sound growth of the redevelopment project area i� impaired by a <br /> combination of'2 or more of the following factors, each of which is (i) pesent, with that <br /> presence documented, to a meaningful extent so that a municipality mayl reasonably find <br /> that the factor is clearly present within the intent of the Act and (ii) reaso6ably distributed <br /> throughout the vacant part of the redevelopment project area to which it p�nains: <br /> (A) Obsolete platting of vacant land that results in parcels of li cited or narrow <br /> size or configurations of parcels of irregular size or shape that woul qhe difficult to <br /> develop on a planned basis and in a manner compatible with contempora y standards and <br /> requirements, or platting that failed to create rights-of-ways for streets r alleys or that <br /> created inadequate right-of-way widths for streets, alleys, or other public -ights-of-way or <br /> that omitted easements for public utilities. <br /> (B) Diversity of ownership of parcels of vacant land sufficient in number to <br /> retard or impede the ability to assemble the land for development. <br /> (C) Tax and special assessment delinquencies exist or the pr�perty has been <br /> the subject of tax sales under the Property Tax Code [35 ILCS 200/1 et seq.] within the <br /> last 5 years. <br /> i <br /> (D) Deterioration of structures or site improvements in ne ghboring areas <br /> adjacent to the vacant land. <br /> (E) The area has incurred Illinois Environmental Protection A�ency or United <br /> States Environmental Protection Agency remediation costs for, or a study conducted by <br /> an independent consultant recognized as having expertise in enviromne tal remediation <br /> has determined a need for, the clean-up of hazardous waste, hazardou substances, or <br /> 9 <br /> I <br />
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