File #: 170438    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 10/10/2017 In control: Village Board of Trustees
On agenda: Final action: 11/2/2017
Title: Lombard Butterfield-Yorktown TIF District-Ordinances of Approval With the completion of all required and necessary actions pursuant to State Statutes, please find copies of the following three (3) Ordinances approving the Butterfield-Yorktown TIF District prepared by Village Counsel: 1. An Ordinance Approving the Village of Lombard Butterfield-Yorktown Tax Increment Financing District Redevelopment Project Area Redevelopment Plan and Project. 2. An Ordinance Designating the Village of Lombard Butterfield-Yorktown Tax Increment Financing District Redevelopment Project Area Redevelopment Plan and Project Area. 3. An Ordinance Adopting Tax Increment Financing For The Village of Lombard Butterfield-Yorktown Tax Increment Financing District. For reference purposes Butterfield-Yorktown TIF Redevelopment Project Plan and Report is attached to the first referenced Ordinance as Exhibit B. Staff recommends approval of the attached Ordinances on first reading. (DISTRICT #3)
Attachments: 1. BOT 10-19-2017 Leg# 170438.pdf, 2. BOT 10-19-2017 Leg# 170438 Ord 2.pdf, 3. BOT 10-19-2017 Leg# 170438 Ord 3.pdf, 4. Ordinance 7439 Lombard Butterfield-Yorktown TIF District - Adopting TIF Financing, 5. Ordinance 7437 Lombard Butterfield-Yorktown TIF District - Approving Redevelopment Area, 6. Ordinance 7438 Lombard Butterfield-Yorktown TIF District - Designating Redevelopment Area, 7. Cover Page 170438

Title

Lombard Butterfield-Yorktown TIF District-Ordinances of Approval

With the completion of all required and necessary actions pursuant to State Statutes, please find copies of the following three (3) Ordinances approving the Butterfield-Yorktown TIF District prepared by Village Counsel:

1.  An Ordinance Approving the Village of Lombard Butterfield-Yorktown Tax Increment Financing District Redevelopment Project Area Redevelopment Plan and Project.

2. An Ordinance Designating the Village of Lombard Butterfield-Yorktown Tax Increment Financing District Redevelopment Project Area Redevelopment Plan and Project Area.

3.  An Ordinance Adopting Tax Increment Financing For The Village of Lombard Butterfield-Yorktown Tax Increment Financing District.

For reference purposes Butterfield-Yorktown TIF Redevelopment Project Plan and Report is attached to the first referenced Ordinance as Exhibit B.

Staff recommends approval of the attached Ordinances on first reading.  (DISTRICT #3)

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