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HomeMy WebLinkAboutOrd 4012 12/20/1988ORDINANCE NO. 4012 AN ORDINANCE ENLARGING THE REDEVELOPMENT PROJECT AREA OF THE VILLAGE OF MOUNT PROSPECT PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the 20th day of December, 1988 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 22nd day of December, 1988. ORDINANCE NO. 4012 ORDINANCE ENLARGING THE REDE~;ELOPMENT PROJECT AREA OF THE VILLAGE OF MOUNT PROSPECT WHEREAS, the Village of Mount Prospect, Illinois, pursuant to Ordinance #3555, adopted by the Board of Trustees on August 20, 1985, and in accordance with the Tax Increment Allocation Redevelopment Act, as amended, constituting Division 74.4 of Article II of the Illinois Municipal Code (the "Act") designated the area legally described in the attached Exhibit A as a Redevelopment Project Area; and WHEREAS, on December 20, 1988 the Board of Trustees adopted and approved Amendment No. I (the "Amendment") to its Tax Increment Redevelopment Project and Plan pursuant to an Ordinance entitled: An Ordinance Adopting and Approving An Amendment No. 1 to the Tax Increment Redevelopment Project and Plan of the Village of Mount Prospect, Illinois; WHEREAS, the Amendment proposes the enlargement of the Redevelopment Pro]ect Area by the addition of property one block west on Main Street to Wille street, south of Central Road, excluding those properties on the north line of Busse Avenue and included in the project legal description described-in section 1 of this Ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, ILLINOIS, AS FOLLOWS: SECTION ONE: Pursuant to Section 11-74.4-5 of the Act, the attached legal description Exhibit B specifying the land area of Amendment No. I is added to the legal description Exhibit A of Tax Increment Redevelopment Area District No. 1. SECTION TWO: The village Clerk is hereby directed to publish this Ordinance in pamphlet form and to file a certified copy of this Ordinance with the County Clerk of Cook County, Illinois. SECTION THREE: This Ordinance shall be in full force and effect upon its passage and approval. Adopted this 20th day of December follows: 1988, by roll call as AYES: Farley, Floros, Van Geem, Murauskls NAYS: None ABSENT: Arthur, Wattenberg ATTE S T: ~ VILLAGE CLERK / TAX A INCREMENT REDEVELOPMENT PROJECT AREA DISTRICT ~1 LEGAL DESCRIPTION Beginning at the intersection of the centerline of Main Street, State of Illinois Route 83, with the centerline of Central Road, extended; thence Easterly along said centerline of Central Road, a distance of approximately 570.32 feet to the Northeast corner of Lot 22 of Block 5 in Busse and Wille's Resubdivision in Mount Prospect; thence Southerly along the Eastern property line of Lots 12, 13, 20, 21, and 22 of said Block 5 in Busse and Wtlle's Resubdivision in Mount Prospect, and the Easter? ~roperty line of Lot 1 of Mount Prospec~ State Bank Resubdlvlsion No. 3, a distance of approximately 608.74 feet, to the centerline of Busse Avenue; thence Westerly along the centerline of Busse Avenue, a distance of approximately 157.11 feet, to the point of inter- section of the centerline of Busse Avenue with the Eastern right-of-way of Emerson Street; thence Southerly along said Eastern right-of-way of Emerson Street, a distance of approxi- mately 277.00 feet, to a point at the Northwest corner of Lot 18 in Block 12 of Busse and Wille's Resubdivision in Mount Prospect; thence Easterly along the Northern property line of said Lot 18, a distance of approximately 157.09 feet, to the Northeast corner of said Lot 18; thence Southerly, a distance of approximately 50.00 feet, along the Eastern property line of said Lot 18, to a point at the Northwest corner of Lot A of Corporate Subdivision Number 1, Village of Mount Prospect; thence Easterly along the Northern property line of said Lot A, a distance of approximately 157.10 feet, to a point of intersection of sa~d Lot A with the Western right-of-way of Maple Street; thence Northerly along the Western right-of-way of Maple Street, a distance of approximately 321.88 feet, to a point at the intersection of the Western right-of-way of Maple Street and the Southern right-of-way of Busse Avenue; thence Easterly along the Southern right-of-way of Busse Avenue, a distance of approximately 223.12 feet, to a point of intersection with the Eastern property line of Lot 1 in Block ll of Busse and Wille's Resubdivision in Mount Prospect; thence Southerly along the Eastern property line? of Lots 1 through 8 of Block 11 of Busse and Wllle's Resubdivis~on in Mount Prospect, a distance of approximately 401.36 feet, to a point at the inter- section of the Southeast corner of said Lot 8 with the Northwest corner of Lot 16 of Busse's Subdivision of Lot A of Block 11 in Busse and Wille's Resubdivtsion; thence Easterly along the Northern property line of said Lot 16, a distance of approxi- mately 190.10 feet, to a point on the centerline of Elm Street; thence Southerly along said centerline of Elm Street, a distance of approximately 190.00 feet, to the point of intersection of the centerltne of Elm Street, extended, with the Northern right-of- way of Evergreen Avenue; ~hence Easterly along the Northern right-of-way of Evergreen Avenue, a distance of approximately 567.20 feet, to a point of intersection with the Southwest corner of Lot 5 of the Subdivision of Block 8 of Busse's Eastern Addition to Mount Prospect, recorded February 11, 1922; thence Southerly, a distance of approximately 591.00 feet, along the Western property lines of Lots 1 through 21 of Block 20 of Mount Prospect Subdivision in Section 12-41-11, Recorded September 2, 1874, to a point at the intersection of the Southwestern corner of said Lot 21 with the Northern property line of Lot I of Bruce's Resubdivision in Mount Prospect; thence Easterly along The Northern property line of said Lot 1, a distance of approxi- mately 171.00 feet, to the centerline of Owen Street; thence Southerly along said centerline of Owen Street, a distance of approximately 255.48 feet, to the point of the intersection of the centerltne of Northwest Highway, State of Illinois Route 14, with the centerline of Owen Street, extended; thence North- westerly along said centerltne of Northwest Highway a distance of approximately 2,250 feet to the point of intersection of the centerline of Northwest Highway with the centerltne of Main Street, State of Illinois Route 83, extended; thence Northerly along ~he centerltne of Main Street a distance of approximately 940 feet to the point of beginning, at the intersection of the centerltnes of Main Street and Central Road, extended; all located in the Northwest Quarter (1/4), and the Northeast Quarter (1/4) of Section 12, Township 41 North, Range 11 East of the Third Principal Meridian, located in the Village of Mount Prospect, Elk Grove Township, County of Cook, in ~he State of Illinois. EXHIBIT B LEGAL DESCRIPTION - AMENDMENT #1 That part of the West Half of the Northwest fractional Quarter of section 12, Township 41 North, Range 11, East of the Third Principal Meridian, described as follows: The East 44 feet of the West 64 feet of Lots I and 2 and all of Lots 16, 17, 18 and 19 in Block 7 in "Mount Prospect", a subdivision in part of the West Half of said Section 12, per plat thereof recorded September 2, 1874, as Document 188460 in Book 8 of Plats, page 90; also Lots E and F in Laudermllk's Subdivision of Lots 3, 4, 5, 6 and 7 in Block 7 in the aforesaid "Mount Prospect" subdivision, per plat thereof filed for record in the Office of the Registrar of Titles June 6, 1927, as L.R. 357250 together with the 16 foot wide public alley lying south of and adjoining said Lot F, said alley being the North 16 feet of Lot G in said Laudermllk's subdivision, and also the 20 foot wide public alley lying West of and adjoining Lots A, B, C, D, E, F and the North 16 feet of Lot G in said subdivision, except the North 50 feet of said 20 foot.wide alley now vacated; also The North 100 feet of Lot 2 in Block 3 in Busse and Wllle's Resubdivision in Mount Prospect in'part of said Northwest fractional Quarter of Section 12, per plat thereof recorded March 31, 1906, as Document 3839591; also Lots I and 2 in Mount Prospect Central District Resubdivision in part of the West Half of said Section 12, per plat thereof filed for record in the Office of the Registrar of Titles, December 23, 1949, as L.R. ~275902; also Lot 1, except the we~t 20 feet thereof, in Raymond R. Chmelik's Subdivision, a resubdlvision of part of aforesaid Laudermilk's subdivision, per plat thereof also filed for record in the Office of the Registrar of Titles, February 25, 1969, as L.R. 2437155; also Lot 1 in Huecker's Resubdivlslon of Lots 1 a~d 2 (except the West 64 feet thereof) in aforesaid Block 7 in "Mount Prospect", per plat thereof recorded September 9, 1969, as Document 20953597; also Lots 1 and 2 in the McLean Resubdlvision in Mount Prospect, being a resubdivislon in part of the West Half of said section 12 also field for record in the office of the Registrar of Titles, October 20, 1975, as L.R. 2835833; also That part of Wllle Street in said west Half of Section 12 lying North of an extension West of the south line of the North 100 feet of Lot 2 in Block 3 in the aforesaid Busse and Wille's Resubdlvision, and lying south of the South line of Central Road; also That part of Main Street in said west Half of Section 12 lying North of an extension East of the most South line of Lot 2 in the aforesaid Mount Prospect Central District Resubdivislon, and lying South of the South line of Central Road; also That part of Central Road in said west Half of Section 12 and in part of the South Half of Section 34, Township 42 North, Range 11, East of the Third Principal Meridian, lying East of an extension North of the West line of the aforesaid Wille Street, and lying West of an extension North of the East line of the aforesaid Main Street, all of the above in Cook County, Illinois.