[Adopted 1-18-2005 by Ord. No. 5890]
A.
WHEREAS, the City of Crystal Lake (the "City") is a home rule municipality as described in Section 6(a) of Article VII of the 1970 Constitution of the State of Illinois, and as such may exercise any power and function pertaining to its government and affairs;
B.
WHEREAS, pursuant to § 11-74.4-4.2 of the
Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et
seq. (the "TIF Act"), the City is required to establish certain "interested
parties" registries and adopt registration rules for such registries;
C.
WHEREAS, the City desires to adopt this ordinance
in order to comply with such requirements of the TIF Act.
The City Clerk or his/her designee is hereby
authorized and directed to create an interested parties registry in
accordance with § 11-74.4-4.2 of the Act[1] for each redevelopment project area created under the
Act, whether now existing or created after the date of the adoption
of this article.
[1]
Editor's Note: See 65 ILCS 5/11-74.4-4.2.
In accordance with § 11-74.4-4.2 of
the Act, the City hereby adopts the registration rules attached hereto
as Exhibit A[1] as registration rules for each such interested parties
registry. The City Clerk, with the consent of the City Attorney as
to form and legality, shall have the authority to amend such registration
rules from time to time as may be necessary or desirable to comply
with and carry out the purposes intended by the Act.
[1]
Editor's Note: Exhibit A is included at the end of this chapter.
