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AN ORDINANCE OF THE VILLAGE OF ROMEOVILLE, WILL COUNTY ILLINOIS
AMENDING ORDINANCE NO. 18-1514 WITH RESPECT TO THE DESIGNATION OF THE NORMANTOWN/WEBER ROAD REDEVELOPMENT PROJECT AREA TO ADD ADDITIONAL PROPERTY TO A REDEVELOPMENT PROJECT AREA PURSUANT TO THE TAX INCREMENT ALLOCATION REDEVELOPMENT ACT
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WHEREAS, it is desirable and for the best interests of the citizens of the Village of Romeoville, Will County, Illinois (the "Village"), to Amend the Normantown/Weber Road Tax Increment Redevelopment Project Area (the "Normantown/Weber Road TIF") to implement tax increment allocation financing pursuant to the Tax Increment Allocation Redevelopment Act (65 ILCS 5/11-74.4-1 et seq.) as amended (the "Act"), to add additional property to the boundaries of the Normantown/Weber Road TIF to include the "Proposed Expansion Area" (the "Proposed Expansion Area") described in Section 1 of this ordinance; and
WHEREAS, the Corporate Authorities have heretofore by ordinance adopted and approved the Amended Plan and Amended Project, to include the Proposed Expansion Area which Amended Plan and Amended Project were identified in such ordinance and were the subject, along with the Area designation hereinafter made, of a public hearing held on August 20, 2025, and it is now necessary and desirable to designate the Proposed Expansion Area as a Redevelopment Project Area to be included within the Normantown/Weber Road TIF pursuant to the Act; and
WHEREAS, the Village has provided all notices, convened a public hearing, convened a joint review board and has otherwise complied with all requirements of the Act to make the proposed amendments.
NOW, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the Village of Romeoville, Will County, Illinois, in the exercise of its statutory, home rule and other powers, as follows:
Section 1: Area Designated
The Proposed Expansion Area, as generally described in Exhibit "A" attached hereto...
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