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CITY OF WEST CHICAGO
FINANCE COMMITTEE
AGENDA ITEM SUMMARY
ITEM TITLE:
AGENDA ITEMNUMBER: — ‘4t*-
Termination of Downtown TIF
FILE NUMBER:
Ord. No. 21-0-0023
COMMITTEE AGENDA DATE: Sept. 23, 2021
COUNCIL AGENDA DATE: October 18, 2021
STAFF REVIEW: Tom Dabareiner AICP sionaTuRE ASL
APPROVED BY CITY ADMINISTRATOR: Michael Guttman SIGNATURE
ITEM SUMMARY:
On May 21, 2990, the City of West Chicago established a certain Redevelopment Plan and Project Ar-
ea commonly known as the “Downtown Redevelopment Project Area and Tax Increment Financing”.
For reference, this was accomplished through Ordinance Nos. 90-O-2273, 90-O-2274 and 90-O-2275,
in conformance with the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et seq.,
with a life ending May 21, 2013. The Illinois legislature subsequently amended the TIF Act to author-
ize the City to extend the life of the Downtown TIF to 2025. Through Ordinance Nos. 13-O-0013 and
13-0-0034, the TIF was ultimately extended to December 31, 2025.
To further the progress in the downtown, a new TIF is proposed. It will help the City take advantage of
the increment gained through the apartments and townhouses planned for the Downtown. The incre-
ment will be used to cover certain infrastructure costs and provide incentives to cover financial gaps to
the developers who are planning to start work in the near future. Before the new TIF can start, the ex-
isting TIF must be terminated—known colloquially as the De-TIF.
The attached Ordinance will terminate the existing Redevelopment Plan, Project Area and TIF, effec-
tive December 31, 2021. It allows for the immediate subsequent start of the new TIF, known as the Re-
TIF. Such action must be taken prior to November 1* to allow the other taxing bodies to consider the
surplus funds available for their own tax levies.
The De-TIF / Re-TIF process is a commonly used tool when major projects are about to start and add
new increment. Again, the first step is to De-TIF and terminate the existing Downtown TIF.
ACTIONS PROPOSED:
Consideration of the referenced Ordinance to terminate the current Downtown TIF in preparation for a
new Downtown TIF.
COMMITTEE ACTION:

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ORDINANCE NO. 21-0-0023
AN ORDINANCE TERMINATING THE LIFE OF THE REDEVELOPMENT PLAN
AND PROJECT AREA FOR THE DOWNTOWN TIF DISTRICT, ORIGINALLY
ESTABLISHED ON MAY 21, 1990 AND EXTENDED TO OCTOBER 7, 2013,
EFFECTIVE DECEMBER 31, 2021
WHEREAS, on May 21, 2990, the City of West Chicago, DuPage County, Illinois
(hereinafter “City”) established a certain Redevelopment Plan and Project Area commonly known
as the “Downtown Redevelopment Project Area” and Tax Increment Financing (“TIF”) for the
Downtown Redevelopment Project Area through Ordinance Nos. 90-O-2273, 90-O-2274 and 90-
O-2275, pursuant to the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et
seq. (“TIF Act”) with a life ending May 21, 2013; and
WHEREAS, the Illinois legislature subsequently amended the TIF Act to authorize the
City to extend the life of the TIF to 2025; and
WHEREAS, the Mayor and City Council eventually extended the life of the TIF by
Ordinance Nos. 13-O-0013 and 13-O-0034 to December 31, 2025; and
WHEREAS, the Mayor and City Council have determined that it is in the best interest of
the citizens of the City to terminate the TIF to December 31, 2021.
NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of West
Chicago, County of DuPage, Illinois, as follows:
Section 1. That the foregoing recitals are hereby incorporated herein as if fully set
forth.
Section 2. That the Downtown Redevelopment Project Area TIF, originally
established though Ordinance Nos. 90-O-2274, 90-O-2275 and 90-O-2275, and extended by
Ordinance Nos. 13-O-0013 and 13-O-0034, is hereby terminated effective to midnight through
December 31, 2021.
Section 3. That the City Administrator or his designee shall mail notice of the
termination of the TIF to each affected taxing district and registrant on the interested parties
registry not later than 10 days following adoption of this Ordinance.
Section 4. That the City Administrator or his designee shall publish in a newspaper of
general circulation within the affected taxing districts notice of the termination to the TIF not later
than 10 days following the adoption of this Ordinance.
Section 5. That the City Administrator or his designee shall take any other action
necessary and proper to effectuate the termination authorized herein.
Section 6. All ordinances or parts of ordinances in conflict with the provisions of this
Ordinance are hereby repealed insofar as they conflict herewith.
Ordinance No. 21-O-0023
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Section 7. That the City Clerk of the City is directed to publish this Ordinance in
pamphlet form, pursuant to law.
Section 8. That this Ordinance shall be in full force and effect from and after its
adoption and approval as provided by law.
PASSED this day of 2021.
Alderman Beifuss Alderman Chassee
Alderman Sheehan Alderman Brown
Alderman Hallett Alderman Dettman
Alderman Birch-Ferguson Alderman Dimas
Alderman Swiatek Alderman Garling
Alderman Stout Alderman Short
Alderman Jakabcsin Alderman Morano
APPRROVED as to form:
City Attorney
APPROVED THIS DAY OF , 2021
Mayor Ruben Pineda
ATTEST:
City Clerk Nancy M. Smith
PUBLISHED
Ordinance No. 21-O-0023
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