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O-31-11 Ord Adopting & Approving the Downtown Redevelopment Project(1) ORDINANCE NO. 0 '5 - t , AN ORDINANCE ADOPTING AND APPROVING THE DOWNTOWN LEMONT AMENDED REDEVELOPMENT PROJECT AREA/FURTHER AMENDED REDEVELOPMENT PLAN OF THE VILLAGE OF LEMONT, ILLINOIS WHEREAS, the Village of Lemont, Illinois (the "Municipality "), acting through its President and Board of Trustees (the "Corporate Authorities ") and other officers and representatives, has duly noticed, held and conducted all proceedings, including the required impact housing study, public meeting, public hearing and joint review board action, in connection with continuing the designation of an amended "Downtown Lemont Redevelopment Project Area" (the "Redevelopment Project Area "), the approval of the "Downtown Lemont amended Redevelopment Project Area, Further Amended Redevelopment Project and Plan Downtown Project" (the "Redevelopment Plan," including the related redevelopment project, as amended, the "Redevelopment Project ") and the continuation of tax increment financing to finance the Redevelopment Plan and the Redevelopment Project, all under and pursuant to the Tax Increment Allocation Redevelopment Act (65 ILCS 5/11- 74.4 -1 et seq., as supplemented and amended (the "TIF Act ")). NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, ILLINOIS, as follows: Section 1. Under the TIF Act the Municipality, hereby adopts and approves the Redevelopment Plan and Redevelopment Project for the Redevelopment Project Area. Section 2. The Redevelopment Plan shall be in the form as placed on file with the Village Clerk for public inspection on and after January 14, 2011, and presented on January 24, 2011 to the Corporate Authorities and at the time this ordinance is adopted. The Redevelopment Plan as so adopted and approved shall be on file in the Village Clerk's records with this ordinance (but any failure to so file it shall not abrogate, diminish or impair its effect). Section 3. The Municipality by its President and Board of Trustees hereby finds and acknowledges that (i) more than 10 displacements with respect to inhabited residential units may occur and (ii) there are more than 74 inhabited residential units within the Redevelopment Project Area. Section 4. The Village Clerk shall file a certified copy of this ordinance with the County Clerk of Cook County, Illinois, together with (i) the description of the Redevelopment Project Area and (ii) a map of the Redevelopment Project Area. There is not any newly deleted property from, or new property in, the Redevelopment Project Area under Section 11- 74.4 -9 of the TIF Act with respect to this ordinance. , Upon motion by Trustee `71 -L.4 '140d , seconded by Trustee adopted this r day of� , 2011 by roll call vote, as foil s: Voting "Aye" (names): 31o� £ kt:c .Q. , .5-1ii`rutr-tvL Voting "Nay" (names): Absent (names): ATTEST: clii4fret; Charlene M. Smollen, Village Clerk Recorded in the Municipality's Records on Approved this 9 day of , 2011 k= rian K. Reaves, Vi lage President , 2011. (1) STATE OF ILLINOIS ) COUNTY OF COOK ) SS. VILLAGE OF LEMONT ) CERTIFICATION OF ORDINANCE I, Charlene M. Smollen, do hereby certify that I am the duly selected, qualified and acting Village Clerk of the Village of Lemont, Cook, DuPage and Will Counties, Illinois (the "Municipality "), and as such official I am the keeper of the records and files of the Municipality and of its President and Board of Trustees (the "Corporate Authorities "). I do further certify that the attached ordinance constitutes a full, true and correct excerpt from the proceedings of the Municipality's Corporate Authorities held on 9 2011, insofar as same relates to the adoption of Ordinance No. c- 31- t ( , entitled: AN ORDINANCE ADOPTING AND APPROVING THE DOWNTOWN LEMONT AMENDED REDEVELOPMENT PROJECT AREA/FURTHER AMENDED REDEVLOPMENT PLAN OF THE VILLAGE OF LEMONT, ILLINOIS, a true, correct and complete copy of which ordinance as adopted at such meeting appears in the minutes of such meeting and is hereto attached. Such ordinance was adopted and approved on the date thereon set forth by not less than a affirmative vote of a majority of the Corporate Authorities and approved by the Village President on the date indicated thereon. I do further certify that the deliberations of the Corporate Authorities on the adoption of the above ordinance were taken openly, that the vote on the adoption of such ordinance was taken openly and was preceded by a public recital of the nature of the matter being considered and such other information as would inform the public of the business being conducted, that such meeting was held at a specified time and place convenient to the public, that notice of such meeting was duly given to all of the news media requesting such notice, that such meeting was called and held in strict compliance with the provisions of the Illinois Municipal Code, as amended, and that the Corporate Authorities have complied with all of the applicable provisions of such laws and such Code and their procedural rules in the adoption of such ordinance. IN WITNESS WHEREOF, I hereunto affix my official signature and the seal of the Village of Lemont, Illinois, this '' day of o , 2011. Village Clerk (SEAL)