HomeMy WebLinkAboutOrd 3115 05/19/1981 WH]
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ORDIN~LNCE NO. 3115
AN ORDINANCE DESIGNATING VILLAGE OF MOUNT PROSPECT BUSINESS
REHABILITATION AREA NUMBER ONE
~Hi REAS, the Village of Mount Prospect has passed Ordinance No.
30 0 establishing a Business Rehabilitation loan fund and standard:
an. procedures in connection therewith, and which Ordinance require
that the Plan Commission hold a public hearing and make recommen-
dations with regard to any proposed Business Rehabilitation Area,
ant[ that the corporate authorities review the recommendations of th
PI~ commission and determine whether to designate an area as a
Bu~ [neSs RehabilitatiOn Area; and
WH] REAS, the Mount ProSpect Chamber of Commerce has submitted an
ap] liCation for designation of a Business Rehabilitation Area; and
REAS, a public hearing has been held before the Plan Commission
APril 29, 19.81 at 7:30 p.m. at the Mount Prospect Village Hall
h respect to said application; and
REAS, the Plan Commission has determined that a significant
her of the business structures located within the proposed Busin
abilitation Area ·exhibit the factors set forth in Section Three
f Ordinance #3060; namely,
1. At least twenty-seven structures were identified as
.exhibiting deterioration and inadequate physical main-
tenance; .
2. At least six structures were identified as.being in a
state of dilapidation and in need of major repairs;
3. Many structures exhibit obsolescence and no l'onger ade-
quately serve the purpose Which their location and
f~'~ction requires.
4. At least sixteen structures exhibit excessive age as
they are over fifty years old; and
?~ REAS, the Plan Commission has recommended on .the basis of these
fi] dings that the area proposed in the Chamber of Commerce's
apl lication be designated as a Business Rehabilitation Area; and
WH]!REAs, the President and Board of Trustees of the' Village of
Mo~ nt Prospect have reviewed the recommendations of the Plan
CoI nission and have determined that the area proposed in the Chamb6
ofl~ommerce's application should be designated as a Business
Rehabilitation Area;
NO~ THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF
TR~.iTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
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!ION ONE: Designation of Area. A Business Rehabilitation
a to be known and designated as "Village of Mount Prospect
iness Rehabilitation Area Number One," is hereby established
shall consist of the territory which is shown on the maps
ached hereto as Exhibit A.
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:CTION TWO: ' E'ffe'ct' 'o'f Design'ation.._ The owners of structures wh 'ch
:e, were or will be used for business purposes and' which are
)cared within Business Rehabilitation Area Number One, and owner~
operators of buSinesses located within this Area with leases
least the duration of the Business Rehabilitation Loan to be
-~qUested (which Structures and businesses are situated within
le designated street address area attached hereto as 'Exhibit B),
:e hereby authorized to apply for'a Business Rehabilitation Loan
provided for in Ordinance No. 3060 of this Village.
CTION THREE: Effective Date. This Ordinance'shall be in full
~rce and effect from and after its passage, approval and publica%
the manner provided by law.
P
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~sed this 19th day of May , 1981.
?.S: Arthur, Farley, Fl~ros, Wattenberg
None
~SENT: Miller, Murauskis
~proved this 19th. day of
May , 1981.
Approved:
VILLAGE PRESIDENT
test:
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XHIBIT B
ADDRESSES INCLUDED WITHIN VILLAGE OF MOUNT PROSPECT
BUSINESS REHABILITATION AREA NUMBER ONE
0-12
0-99
0-399
0-99
113-214
200
201-399
0-98
0-209
0-398
0-398
0-99
0-199
0-299
0-99
E. Busse Avenue
W. Busse Avenue
W. Central Road (Odd Numbers Only)
S. Elmhurst Avenue
S. Emerson Street
E. Evergreen Street
E. Evergreen Street (Odd Numbers Only)
N. Main Street (Even Numbers Only)
S. Main Street
E. Northwest Highway
W. Northwest Highway
S. Pine Street
E. Prospect Avenue
W. Prospect Avenue
S. Wille Street
,W. BuSSE AVE;
Co~ C
ELMHURST AVENUE
PINE STREET
~II111tlll a BI/II 1 i__
[1' i
STREET
EASTVvOE
PINE
STREET
WiLLI STREET
WILLE
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ELM
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