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CITY COUNCIL 2015/01/05 AgendaAll Members of the City Council have been invited by the Gorton Board for dinner and a tour of recent construction at 6:00pm at Gorton, 400 E Illinois Road. THE CITY OF LAKE FOREST CITY COUNCIL AGENDA Monday, January 5, 2015 *Special start time of 7:30 p.m. City Hall Council Chambers Honorable Mayor, Donald Schoenheider Catherine Waldeck, Alderman First Ward Stanford Tack, Alderman Third Ward Prudence R. Beidler, Alderman First Ward Jack Reisenberg, Alderman Third Ward David Moore, Alderman Second Ward Michael Adelman, Alderman Fourth Ward George Pandaleon, Alderman Second Ward Michelle Moreno, Alderman Fourth Ward Motion to Appoint Alderman Pandaleon as Acting Mayor CALL TO ORDER AND ROLL CALL 7:30p.m. PLEDGE OF ALLEGIANCE REPORTS OF CITY OFFICERS 1. COMMENTS BY MAYOR A. 2014-2015 New Board and Commission Appointments/Reappointments Library Board GORTON BOARD-CITY DIRECTOR A copy of the Volunteer Profile sheets begin on page 12. COUNCIL ACTION: Approve the Mayors Appointment 2. COMMENTS BY CITY MANAGER A. Online Water Billing Demonstration -Finance Director, Elizabeth Holleb 3. COMMENTS BY COUNCIL MEMBERS NAME OF MEMBER APPOINT/REAPPOINT WARD Carrie Travers Appoint 2 NAME OF MEMBER APPOINT/REAPPOINT WARD Steve Goldman Appoint 3 1 January 5, 2015 City Council Agenda A. 4. OPPORTUNITY FOR CITIZENS TO ADDRESS THE CITY COUNCIL ON NON-AGENDA ITEMS 5. ITEMS FOR OMNIBUS VOTE CONSIDERATION 1. Approval of the December 1, 2014 City Council meeting Minutes A copy of the minutes can be found beginning on page 15. 2. Approval of the December 10, 2014 Special City Council meeting Minutes A copy of the minutes can be found beginning on page 25. 3. Check Register for period November 22- December 19, 2014 Fund Invoice Payroll Total General 562,461 1,150,714 1,713,175 Water & Sewer 61,754 126,126 187,880 Parks & Recreation 174,594 303,303 477,897 Capital Improvements 208,165 0 208,165 Motor Fuel Tax 14,136 0 14,136 Cemetery 49,813 16,733 66,546 Senior Resources 15,080 21,670 36,750 Deerpath Golf Course 13,020 21,710 34,731 Fleet 56,183 43,459 99,641 Debt Funds 4,171,394 0 4,171,394 Housing Trust 0 0 0 Park & Public Land 0 0 0 All other Funds 380,906 155,520 536,426 $ 5,707,506 $ 1,839,236 $ 7,546,741 4. Approval of Golf Course Operating Bank Account and a Resolution Establishing Authorized Signers for the Account STAFF CONTACT: Elizabeth Holleb, Finance Director (847-810-3612) PURPOSE AND ACTION REQUESTED: Staff requests approval of the establishment of a new bank account for golf course operating expenses and a resolution authorizing signers for the account. 2 January 5, 2015 City Council Agenda BACKGROUND/DISCUSSION: Pursuant to the management agreement between the City and Kemper Sports Management (KSM) regarding operations of the Deerpath Golf Course, the City is to open a separate bank account to be utilized by KSM to deposit golf revenues, pay operating expenses and transfer funds to support payroll obligations. Lake Forest Bank and Trust Company requires a resolution be approved by the City Council to establish the account and authorized signers. BUDGET/FISCAL IMPACT: N/A. There is no fiscal impact of this action. COUNCIL ACTION: Approval of the establishment of a Golf Course operating account with Lake Forest Bank and Trust, and a resolution establishing signers for the account (page 27). 5. Ratification of the Adoption of Ordinances Terminating Special Services Areas 15, 33, 34, 35 and 36 STAFF CONTACT: Elizabeth Holleb, Finance Director (847-810-3612) PURPOSE AND ACTION REQUESTED: Staff requests that the City Council ratify action taken on December 1, 2014 to approve Ordinances terminating Special Service Areas (SSAs) 15, 33, 34, 35 and 36 which had been adopted pursuant to an Intergovernmental Agreement between the City and School District 67 which expired in July 2014. PROJECT REVIEW/RECOMMENDATIONS: Reviewed Date Comments Finance Committee 10/20/14 Status report on discussions with School District 67. City Council 11/17/14 First reading approval granted. City Council 12/1/14 Adoption of ordinances terminating SSAs 15, 33, 34, 35 and 36. BACKGROUND/DISCUSSION: Because the December 1, 2014 City Council agenda referenced action to be taken on SSA 33 and 36 only, it is recommended by the City Attorney that the City Council take action to ratify its adoption of Ordinances to terminate SSAs 15, 33, 34, 35 and 36. BUDGET/FISCAL IMPACT: N/A COUNCIL ACTION: Ratification of the Adoption of Ordinances Terminating Special Service Areas 15, 33, 34, 35 and 36. 6. Consideration of a Resolution Ratifying the Execution of a Contract for the Purchase of Certain Real Property (Approval by motion) CONTACT: Victor Filippini, City Attorney 3 January 5, 2015 City Council Agenda PURPOSE AND ACTION REQUESTED: As directed by the City Council, negotiations with the owners of the remaining privately owned parcel on the 10-acre redevelopment site located on the northwest corner of Laurel and Western Avenues have been completed. A contract for City acquisition of the property, 120 E. Laurel Avenue, was prepared in collaboration with the attorney representing the property owners and has been signed by the appropriate parties, subject to final Council ratification. BACKGROUND/DISCUSSION: Since relocating the City’s Municipal Services Facility to Field Drive, the City’s former Municipal Services site has remained vacant and in a deteriorating condition. Beginning in 2007, the City began efforts to redevelop this site, and the planning for such redevelopment, and proposals received for such redevelopment, have identified the 120 E. Laurel parcel as necessary to the redevelopment plans. On December 1, 2014, the City Council approved an Ordinance authorizing final negotiations for the acquisition of the property at 120 E. Laurel Avenue. As noted above, negotiations with the property owners and their attorney have been completed and a purchase contract prepared and signed. BUDGET/FISCAL IMPACT: The contract provides for City acquisition of the parcel and payment of relocation benefits and moving expenses in the amount of $790,000. These costs are included within the scope of “property assembly” under the TIF Act and can be reimbursed through a Tax Increment Financing District. Because the closing will precede the establishment of any TIF District and issuance of bonds, it is recommended that an interfund loan be made from the Capital Improvements Fund or the General Fund, which loan would be repayable from the first issuance of TIF bonds, COUNCIL ACTION: By motion, approve a Resolution (Page 30) ratifying the execution of the contract to purchase the property at 120 E. Laurel Avenue. 7. Consideration of Ordinances Approving Recommendations from the Building Review Board. (First Reading and if Desired by the City Council, Final Approval) STAFF CONTACT: Catherine Czerniak, Director of Community Development (810-3504) The following recommendations from the Building Review Board are presented to the City Council for consideration as part of the Omnibus Agenda. 920 S. Waukegan Road - The Building Review Board recommended approval of an updated signage plan for the Private Bank. No public testimony was presented to the Board on this petition. (Board vote: 7-0, approved) 690 Oakwood Avenue - The Building Review Board recommended approval of the demolition of the existing house and construction of a replacement residence, detached garage and the associated landscape plan. The Board heard public testimony from a nearby property owner who commended the overall project and offered some suggestions regarding refinement of the side elevations, landscaping and the location of the air conditioner unit. The Board’s 4 January 5, 2015 City Council Agenda approval includes conditions for some refinement as the plans are put into final form. (Board vote: 6-0, approved) 1177 Estate Lane - The Building Review Board recommended approval of a partial demolition, second floor addition, various alterations and an updated landscape plan. The Board heard public testimony from a neighboring property owner who stated support for the proposed upgrade to the property and requested that a significant oak near the property line be protected during construction. The Board included a condition of approval requiring careful protection of the large oak tree noting that it is away from the area of construction activity. (Board vote: 6 -0, approved) 636 Northmoor Road - The Building Review Board recommended approval of a new residence, detached garage and landscape plan for a vacant lot. The Board heard testimony from a resident who lives in the neighborhood who suggested that the number and size of the windows on the side elevations be reduced in consideration of the neighboring homes. The Board asked the petitioner to give some further consideration to refining the window placement on the side elevations while also recognizing the importance of providing for natural light into the new home. (Board vote: 7 - 0, approved) The Ordinances approving the petitions as recommended by the Building Review Board, with key exhibits attached, are included in the Council packet beginning on page 48. The Ordinances and complete exhibits are available for review in the Community Development Department. COUNCIL ACTION: If determined to be appropriate by the City Council, waive first reading and grant final approval of the Ordinances approving the petitions in accordance with the Building Review Board’s recommendations. 8. Consideration of Ordinances Approving Recommendations from the Historic Preservation Commission. (First Reading and if Desired by the City Council, Final Approval) STAFF CONTACT: Catherine Czerniak, Director of Community Development (810-3504) The following recommendations from the Historic Preservation Commission are presented to the City Council for consideration as part of the Omnibus Agenda. 111 W. Westminster - The Historic Preservation Commission recommended approval of a building scale variance for a replacement, detached garage on an historic property. The Commission found that the project complies with the design standards and satisfies the criteria for a building scale variance. The neighboring property owner to the east, the most affected neighbor, stated support for the project. A variance from the side yard setback requirement is also required for this project. The Zoning Board of Appeals recommended approval of the zoning variance and a separate ordinance is included in the Council packet for that aspect of the project. (Commission vote: 6-0, approved) 999 Lake Road - The Historic Preservation Commission recommended approval of a building scale variance to allow the reconstruction and replication of portions of the residence that 5 January 5, 2015 City Council Agenda were removed in the 1940s. The residence was designed by Howard Van Doren Shaw in 1913. A new, architecturally appropriate garage is also proposed. The Commission found that the project complies with the design standards and satisfies the criteria for a building scale variance. No public testimony was presented to the Commission on this petition. A variance from the steep slope setback requirement is also required for this project. The Zoning Board of Appeals, based on an analysis and support of the request by the City Engineer, recommended approval of the steep slope setback variance and a separate ordinance is included in the Council packet for that aspect of the project. (Commission vote: 5-0, approved) The ordinances approving the petitions with conditions of approval as recommended by the Historic Preservation Commission, with key exhibits attached, are included in the Council’s packet beginning on page 75. The Ordinances and complete exhibits are available for review in the Community Development Department. COUNCIL ACTION: If determined to be appropriate by the City Council, waive first reading and grant final approval of the Ordinances approving the petitions in accordance with the Historic Preservation Commission’s recommendations. 9. Consideration of Recommendations from the Zoning Board of Appeals in Support of Ordinances Granting Zoning Variances. (First Reading, and if Desired by the City Council, Final Approval) STAFF CONTACT: Catherine Czerniak, Director of Community Development (810-3504) The following recommendations from the Zoning Board of Appeals are presented to the City Council for consideration as part of the Omnibus Agenda. 507 Lexington Drive – The Zoning Board of Appeals recommended approval of a variance from the side yard setback to allow construction of a second floor master bedroom over an existing one story element. One letter of support was received from a neighboring property owner. (Board vote: 6 - 0, approved) 111 W. Westminster – The Zoning Board of Appeals recommended approval of a variance from the side yard setback to allow construction of a detached, replacement garage. One letter of support was received from a neighboring property owner. A building scale variance is also required for this project. The Historic Preservation Commission recommended approval of the building scale variance and a separate ordinance is included in the Council packet for that aspect of the project. (Board vote: 4 - 0, approved) 995 Woodbine Place - The Zoning Board of Appeals recommended approval of side and front yard variances to allow construction of a replacement addition, modification of a portion of the roof and the addition of a covered front porch. Two neighboring property owners spoke in support of the project. In response to a concern raised by a neighboring property owner, landscaping was added to screen the increased mass of the rear of the residence. (Board vote: 6 - 0, approved) 6 January 5, 2015 City Council Agenda 999 Lake Road – The Zoning Board of Appeals recommended approval of a variance from the steep slope setback to allow the reconstruction and replication of portions of the residence that were removed in the 1940s. The residence was designed by Howard Van Doren Shaw in 1913. Construction of an architecturally appropriate replacement garage is also proposed. No public testimony was presented to the Board on this petition. A building scale variance is also required for this project. The Historic Preservation Commission recommended approval of the building scale variance and a separate ordinance is included in the Council packet for that aspect of the project. (Board vote: 6 - 0, approved) The Ordinances approving the petitions as recommended by the Zoning Board of Appeals, including key exhibits; are included in the Council packet beginning on page 92. The Ordinances and complete exhibits are available for review in the Community Development Department. COUNCIL ACTION: If determined to be appropriate by the City Council, waive first reading and grant final approval of the Ordinances approving the petitions in accordance with the Zoning Board of Appeals’ recommendation. 10. Approval of a Lease Agreement Between the Elawa Farm Foundation and the Parks and Recreation Department for the Elawa Cottage. STAFF CONTACT: CARINA WALTERS, ASSISTANT CITY MANAGER (810-3680) PURPOSE AND ACTION REQUESTED: According to Section 5.1. in the City’s policy for the inventory, sale, lease and retention of public property the City Council must approve any leases longer than 5 years and/or exceeding $10,000. The lease presented before you on page 124 of the packet is a three year lease with rent exceeding $ 27,000. This evening, staff recommends approving a three year lease agreement between the Elawa Farm Foundation (EFF) and the Department of Parks and Recreation at 1403 Middlefork Drive. BACKGROUND/DISCUSSION: In March 2014 the City signed the Elawa Farm Operating Agreement. Under the terms and conditions of the agreement the EFF is responsible for the day to day operations of the Farm including negotiation of the City’s Third Party agreements and/or leases. One of the immediate action items was to renew the Cottage lease with the current tenant which expired in May 2014. Since May staff and the Executive Director have been negotiating a mutually beneficial lease. The majority of the lease terms and conditions are similar to the expired lease with the exception of the agreement will be with the Department of Parks and Recreation versus the current cottage caretaker. The annual rate is $27,960 which will be increased by the 12 month CPI or 3% whatever is greater. Many of you are aware in the past, the City has accepted, on behalf of the Friends of the Lake Forest Parks and Recreation Foundation, a generous donation which supports the Cottage rent as well as other costs related to the Wildlife Discovery Center. The City has again received a pledge for the three-year duration of the lease that will support the full annual rental payment. 7 January 5, 2015 City Council Agenda COUNCIL ACTION: If appropriate and should the City Council desire, approve a lease agreement with the Elawa Farm Foundation and the Parks and Recreation department for the Elawa Cottage. 11. Consideration of a Request to Waive Building Permit Fees for Improvements at Gorton Community Center, a City Owned Building. (Approve by Motion) STAFF CONTACT: Catherine Czerniak, Director of Community Development (810-3504) PURPOSE AND ACTION REQUESTED: As r equired by the City Code, City Council approval of the waiver of fees in an amount exceeding $5,000 is required. BACKGROUND AND DISCUSSION: On July 1, 2013, the City Council approved a restated Agreement with Gorton Community Center. The Agreement allows Gorton Community Center to make improvements to the City owned building and property at 400 Illinois Road. As provided for in the Agreement, Gorton is requesting a waiver of fees from the City for building permits and inspections related to the improvements now underway. The scope of improvements and upgrades planned for the building is extensive including, but not limited to, the theater, community rooms, the main first floor corridor and various mechanicals. The improvements are supported primarily through private fund raising efforts. A copy of the Fee Waiver Request Form is included in the Council packet on page 133. BUDGET/FISCAL IMPACT: The fees for the building permits and inspections total $18,552.65. These funds, if assessed, would go into the General Fund. COUNCIL ACTION :Approve a motion authorizing the waiver of building permit fees for Gorton Community Center, a not for profit entity located in a City facility, in the amount of $18,552.65. COUNCIL ACTION: Approve the eleven (11) Omnibus items as presented. 6. ORDINANCES 1. Consideration of a Recommendation from the Plan Commission in Support of the Approval of Ordinances Pertaining to the Establishment of a Tax Increment Financing District on a 10-Acre Site Located on the Northwest Corner of Laurel and Western Avenues. (First Reading) STAFF CONTACT: Catherine Czerniak, Director of Community Development (810-3504) CITY CONSULTANT: Lee Brown, Teska Associates, Inc. 8 January 5, 2015 City Council Agenda PURPOSE AND ACTION REQUESTED: A recommendation from the Plan Commission in support of the establishment of a Tax Increment Financing District (TIF) is presented to the City Council for consideration and action. Consideration of three ordinances, as described below, is necessary to establish the TIF District. BACKGROUND AND DISCUSSION: To date, considerable due diligence has been completed in preparation for consideration of the establishment of a TIF District.  In 2007 and 2008, a series of community visioning sessions were held to discuss the redevelopment of the Laurel and Western Avenues site. Based on those sessions, Development Parameters were prepared setting a frame work for the future of the site.  In 2012, at the direction of the City Council, the Plan Commission revisited the Development Parameters and invited public comments. The Commission recommended some modification and updating of the Parameters to the City Council. The City Council accepted the Plan Commission’s recommendation. The Development Parameters are reflected in the Redevelopment Plan and Program for the TIF District.  Extensive environmental testing, analysis and initial remediation has been completed at the site since 2008. The Limited Phase 2 Environmental Assessment and estimates from the City’s Environmental consultant support the projected site cleanup costs which are referenced in the supporting documentation for the TIF District.  The City Council has reviewed and evaluated the previous TIF District in west Lake Forest and acknowledged that the District was more successful than initially projected and benefitted the City, as well as the various other taxing bodies.  The City’s TIF consultant has prepared the necessary studies and documentation to proceed with the establishment of a TIF District.  The Joint Review Board met on November 7, 2014, to review the proposed TIF District and recommended approval to the Plan Commission. On December 10, 2014, the Plan Commission, at the direction of the City Council, held a public hearing to consider the establishment of a TIF District. The TIF District will facilitate and support land assembly, clearing buildings from the site, environmental clean-up and public infrastructure improvements necessary to facilitate the redevelopment of the 10- acre site. The Plan Commission, after hearing a presentation from the City’s TIF Consultant and public testimony from three residents, voted 5 to 0 to recommend approval of the TIF District. The Commission’s recommendation is based on the following findings:  It has been demonstrated that the site meets the characteristics of Blight as defined by the Tax Increment Allocation Redevelopment Act.  The area within the boundaries of the proposed Tax Increment Financing District is consistent with the area that will likely benefit from the public improvements as detailed in the Redevelopment Plan and Program.  The concepts presented in the Redevelopment Plan are generally consistent with the Comprehensive Plan designation for this area which encourages primarily residential development and increased open space at this location. 9 January 5, 2015 City Council Agenda  The conditions on the site; obsolete and deteriorating buildings, the need for remediation to address existing conditions and the need for public improvements in the vicinity of the site, make it unlikely that the site will develop in a manner consistent with the needs, desires and character of the community without the support offered by a Tax Increment Financing District. The Plan Commission acknowledged that the detailed financial aspects of the TIF District are under the purview of the City Council and urged appropriate due diligence on the part of the Council. In accordance with State law, the approval of three Ordinances is required to establish a TIF District. 1. An Ordinance approving the redevelopment plan and project for the laurel and western avenues redevelopment project area. 2. An Ordinance designating the Laurel and Western Avenues Redevelopment Project Area pursuant to the Tax Increment Allocation Redevelopment Act. 3. An Ordinance adopting Tax Increment Financing for the Laurel and Western Avenues redevelopment project area. The Ordinances are included in the Council packet beginning on page 134. BUDGET/FISCAL IMPACT: No expenditure of funds is required or approved as a result of the Council action now requested. Creation of a TIF District will result in incremental tax revenues being received by the City as improvements occur on the site. The revenues received will be deposited into a Special Tax Allocation Fund and expended as approved by the City Council to cover TIF eligible expenses. Any associated expenditures recorded in Fiscal Year 2015 in the Special Tax Allocation Fund will require review and approval through a Supplemental Appropriation Ordinance in April 2015. COUNCIL ACTION: Approve first reading of each of the three Ordinances noted above. If first reading is approved, the Ordinances will be presented to the City Council for consideration of final approval on January 20, 2015. 2. Approval of an Ordinance that allows for the revising, amending, restating, codifying and compiling of existing Ordinances. (First Reading) CONTACT: Victor Filippini, Attorney PURPOSE AND ACTION REQUESTED: Staff requests approval of the Ordinance that allows for the revising, amending re-stating codifying and compiling of existing Ordinances within the City of Lake Forest. BACKGROUND/DISCUSSION: Pursuant to the agreement between the City and American Legal Publishing, the City provided all Ordinances passed by the City Council to date for 10 January 5, 2015 City Council Agenda American Legal Publishing to review, edit and compile in July 2013. A draft copy and a list of questions were returned to the City in early March 2014. Staff had an opportunity to review sections. Staff made two types of recommended changes, minor and substantive. Only minor changes were submitted at this time and the City received a finished copy of the code on December 18, 2014. The Code has been updated with legislation through Ordinance 2014-34 passed September 2, 2014. Per the agreement with American Legal Publishing, The City of Lake Forest will send updates to the Code of Ordinance twice a year. Additionally, the substantive changes that were submitted by Staff will be seen by the City Council in the coming months with the next update coming in February 2015. Because of the sheer volume of the code, it can be reviewed in the Clerk’s office located at 220 E Deerpath; upon final approval it will also be available on the City’s website. The Ordinance, including a table of contents is attached beginning on page 200 of your packet. COUNCIL ACTION: Approval of first reading of an Ordinance that allows for the revising, amending, restating, codifying and compiling of existing Ordinances. 7. NEW BUSINESS 8. ADDITIONAL ITEMS FOR COUNCIL DISCUSSION 9. ADJOURNMENT Office of the City Manager December 31, 2014 The City of Lake Forest is subject to the requirements of the Americans with Disabilities Act of 1990. Individuals with disabilities who plan to attend this meeting and who require certain accommodations in order to allow them to observe and/or participate in this meeting, or who have questions regarding the accessibility of the meeting or the facilities, are required to contact City Manager Robert R. Kiely, Jr., at (847) 234-2600 promptly to allow the City to make reasonable accommodations for those persons. 11 12 13 14 The City of Lake Forest CITY COUNCIL Proceedings of the December 1, 2014 City Council Meeting - City Council Chambers CALL TO ORDER AND ROLL CALL: Honorable Mayor Schoenheider called the meeting to order at 6:30 pm, and Deputy City Clerk Margaret Boyer called the roll of Council members. Present: Mayor Schoenheider, Alderman Waldeck, Alderman Beidler, Alderman Pandaleon, Alderman Tack, Alderman Reisenberg, Alderman Adelman and Alderman Moreno. Absent: Alderman Moore. Also present were: Bob Kiely, City Manager, Victor Filippini, City Attorney; Carina Walters, Assistant City Manager; Susan Banks, Communications Manager; Catherine Czerniak, Director of Community Development; Chuck Myers, Superintendent of Parks & Forestry; Elizabeth Holleb, Director of Finance; Diane Hall, Assistant Finance Director; Bob Ells, Superintendent Engineering; and Michael Thomas, Director of Public Works. There were approximately 30 present in the audience. PLEDGE OF ALLEGIANCE: The Pledge of Allegiance was recited by all in attendance. REPORTS OF CITY OFFICERS COMMENTS BY MAYOR Mayor Schoenheider thanked Boy Scout troop # 48 for decorating the light poles with wreaths and swags on Thanksgiving morning. A. Resolution of Appreciation for Eric Montellano The Mayor read the Resolution of Appreciation, Mr. Montellano thanked the City Council for the opportunity to work for The City of Lake Forest. COUNCIL ACTION: Approve the Resolution Alderman Moreno made a motion to approve the Resolution of Appreciation, seconded by Alderman Beidler. Motion carried unanimously by voice vote. Mayor Schoenheider expressed thanks to all those involved in the tree lighting ceremony, and making it another successful event. The Mayor asked all to consider shopping local first holiday season. COMMENTS BY CITY MANAGER City Manager Robert Kiely commented that Com Ed will working in Lake Forest during December and January to enact their vegetation management program, and clearing trees from power lines. 15 Proceedings of the December 1, 2014 Regular City Council Meeting Mr. Kiely also stated that the Lake County Stormwater Commission named Forest Park and the Forest Park Board the “2014 Project of the Year”. The award will be presented in January. City Manager Robert Kiely introduced Chief Howell who acknowledged “Cadet” (Alderman) Michelle Moreno for attending the Lake Forest Fire Academy. Chief Howell presented the certificate. COMMENTS BY COUNCIL MEMBERS A. Finance Committee 1. Consideration of an Ordinance Establishing the 2014 Tax Levy (Grant Final Approval) Finance Director Elizabeth Holleb stated that this Ordinance was seen at the 11/5/2014 Finance Committee, the 11/17/2014 City Council and is presented for final approval. Ms. Holleb explained the schedules reviewing the proposed tax levy for 2014; 1) the tax levy limitations under the tax cap; 2) the tax levy distributed by fund without new growth and allowances distributed; 3) the tax levy by fund with new growth and allowances distributed; and 4) an explanation of the tax increase to an average homeowner to be an average increase to existing residents ($800,000 home) is projected to be $49 or 1.48%. The proposed tax levy for 2014 reflects a 1.88% increase over the 2013 tax levy extensions for the City and Library operating funds and City pension and debt service funds. This increase is comprised of the 1.50% property tax cap increase on those levy lines subject to the tax cap; debt service bond levies as previously approved by City Council bond Ordinances. COUNCIL ACTION : Grant final approval of an Ordinance Establishing the 2014 Tax Levy Alderman Pandaleon made a motion to grant final approval of an Ordinance Establishing the 2014 Tax Levy, seconded by Alderman Reisenberg. The following voted “Yea”: Aldermen Waldeck, Beidler, Pandaleon, Tack, Reisenberg, Adelman and Moreno. The following voted “Nay”: None. 7 Yeas, 0 Nays, motion carried. 2. Approval of Ordinances Abating 2014 Tax Levies for Various G.O. Alternate Revenue Bond Issues (Grant Final Approval) Finance Director Elizabeth Holleb stated that these four Ordinances are for actual bond issues outstanding, and had first reading at the 11/17/2014 City Council meeting. The abatement of these general obligation Alternate Revenue bonds is possible due to these bond funds having adequate revenue sources. She said in order to reduce the bond tax levies, an abatement ordinance for 2010-B Bond, 2010-C Bond, 2011-A refunding and 2011-B refunding Bond will be required. Mayor Schoenheider asked if there was anyone from the public who wanted to comment on this, and seeing none, asked for a motion. 16 Proceedings of the December 1, 2014 Regular City Council Meeting COUNCIL ACTION: Grant final approval of the Ordinances abating tax levies for various general obligation bond issues. . 3. Consideration of an Ordinance approving a Fee Schedule, Ordinances adopting new fees related to Liquor License Penalty and Credit Card Service Fees, and an Ordinance amending City Code relating to the Direct Debit Program for Water Bills (Grant Final Approval) Finance Director Elizabeth Holleb once again stated that these ordinances were seen at the 11/5/2014 Finance Committee meeting and the 11/17/2014 City Council meeting. Ms. Holleb added that in summary the revenue for the new and increased fees is estimated to be $750 in the General Fund, $42,541 in the Parks and Recreation Fund, $3,934 in the Deerpath Golf Course Fund and $201,378 in the Water Fund. Mayor Schoenheider asked if there was anyone from the public who wanted to comment. Seeing none, he asked for a motion. COUNCIL ACTION: Grant final approval of the proposed ordinances. Alderman Pandaleon made a motion to grant final approval of the proposed Ordinances, seconded by Alderman Beidler. The following voted “Yea”: Aldermen Waldeck, Beidler, Pandaleon, Tack, Reisenberg, Adelman and Moreno. The following voted “Nay”: None. 7 Yeas, 0 Nays, motion carried. B. Property and Public Land Committee 1. Consideration of a Recommendation from the Property and Public Land Committee in Support of a Resolution Authorizing a Purchase Agreement for Property Located on the Northwest Corner of Western and Laurel Avenues, the Former Municipal Services Site. (Approve the Resolution by Motion.) Alderman Reisenberg, Chairman of the Property and Public Land Committee, (PPL), stated that the PPL is recommending that the City Council approve a resolution authorizing a purchase agreement with Focus Development for the former Municipal Services site. In September 2014, the PPL recommended Focus Development to the City Council following a vetting process that included RFQs, (Request for Qualifications) and RFPs, (Request for Proposals). The Focus group met the development parameters of the 2007-2008 community visioning process that was amended in 2012. He added that the redevelopment concepts include significant open space that would be accessible to the public, high quality architecture, a variety of housing types along with enhanced streetscapes and extensive landscaping. 17 Proceedings of the December 1, 2014 Regular City Council Meeting Chairman Reisenberg added that upon approval of the purchase agreement, Focus Development will prepare a detailed land-use plan, conduct the necessary technical studies, develop detailed architectural and landscape plans. Focus will give an introduction of the concepts at the December 10 Plan Commission meeting. He added that the Public Hearing with the Plan Commission and the Building review Board are anticipated for January and February 2015, and that the closing on the property is anticipated to be in the summer of 2015. Chairman Reisenberg noted separately that the Plan Commission is beginning work on the Tax Increment Financing District to support the site clean-up, infrastructure improvements and streetscape enhancements. Mayor Schoenheider asked if there was anyone from the public who wanted to comment. Seeing none, he asked for a motion. COUNCIL ACTION: If determined to be appropriate by the City Council, approve a Resolution authorizing and directing the City Manager, the City’s Consultant and the City Attorney to finalize the terms of the Purchase Agreement and to authorize the Mayor and City Clerk to execute the Agreement on behalf of the City. Alderman Pandaleon made a motion to approve a Resolution authorizing and directing the City Manager, the City’s Consultant and the City Attorney to finalize the terms of the Purchase Agreement and to authorize the Mayor and City Clerk to execute the Agreement on behalf of the City, seconded by Alderman Moreno. The following voted “Yea”: Aldermen Waldeck, Beidler, Pandaleon, Tack, Reisenberg, Adelman and Moreno. The following voted “Nay”: None. 7 Yeas, 0 Nays, motion carried. 2. Consideration of an Ordinance Authorizing and Directing Negotiations for the Acquisition of Certain Real Property (First Reading and, if desired, final approval) Approval of an ordinance authorizing the issuance of a final offer to the owners of Property at 120 East Laurel Avenue, Lake Forest, in connection with the redevelopment of the former Municipal Services site. City Attorney Victor Filippini stated that in connection with the City’s ongoing efforts to redevelop its 10-acre former Municipal Services site, staff is requesting City Council approval of an ordinance authorizing the issuance of a final purchase offer to the owners of the adjacent property at 120 East Laurel Avenue. The issuance of a final offer is a prerequisite to the exercise of eminent domain powers, if such authority becomes necessary. Since relocating the City’s municipal services to Field Drive, the City’s former Municipal Services site has remained vacant and in a deteriorating condition. Beginning in 2007, the City began efforts to redevelop this site, and the planning for such redevelopment, and proposals received for such redevelopment, have identified the 120 East Laurel property as a component of the redevelopment plans. 18 Proceedings of the December 1, 2014 Regular City Council Meeting City representatives have been endeavoring in good faith to negotiate with the owners of 120 East Laurel for the acquisition of their property, but thus far those negotiations have been unsuccessful. As a result, the City did obtain an updated appraisal of the market value of the 120 East Laurel property, and on that basis is requesting the City Council to authorize the presentation of a final offer to the property owners based on the appraisal and as a precursor to exercising eminent domain powers if a successful negotiation cannot be achieved. Based the recently obtained appraisal, the cost for acquisition is estimated at $380,000. Mayor Schoenheider asked if there was anyone from the public who wanted to comment, Paul Hamann, of 511 Beverly, offered his opinion on the topic. Mr. Filippini stated that by adopting the ordinance, it allows The City of Lake Forest to exercise options available. COUNCIL ACTION: Waive first reading and approve the attached ordinance authorizing final negotiations for the acquisition of the property at 120 East Laurel Avenue for the appraised value. Alderman Reisenberg made a motion to waive first reading of the ordinance, seconded by Alderman Beidler. The following voted “Yea”: Aldermen Waldeck, Beidler, Pandaleon, Tack, Reisenberg, Adelman and Moreno. The following voted “Nay”: None. 7 Yeas, 0 Nays, motion carried. Alderman Moreno made a motion to approve the ordinance authorizing final negotiations for the acquisition of the property at 120 East Laurel Avenue for the appraised value, seconded by Alderman Waldeck. The following voted “Yea”: Aldermen Waldeck, Beidler, Pandaleon, Tack, Reisenberg, Adelman and Moreno. The following voted “Nay”: None. 7 Yeas, 0 Nays, motion carried. 3. Consideration of a Motion Directing City Staff to Prepare the Necessary Bid Documents and Solicit Bids for Demolition of Structures on the City’s Laurel Ave Property. Alderman Reisenberg, Chairman of the Property and Public Land Committee, stated that there are many vacant buildings at Laurel Avenue following the Municipal Services relocation. He added that those structures need to be demolished to make the site ready for the proposed Focus Development and that the winter months are appropriate. Chairman Reisenberg reported that the PPL recommends authorizing staff to solicit bids and proposals for the City councils approval in January. Mayor Schoenheider asked if there was anyone from the public who wanted to comment, Paul Hamann, of 511 Beverly, offered his opinion on the topic. Chairman Reisenberg added that staff is only soliciting bids and that a decision on those bids would be made at the appropriate time. 19 Proceedings of the December 1, 2014 Regular City Council Meeting COUNCIL ACTION: if determined to be appropriate by the City Council, direct the City Manager to Solicit Bids for the Demolition of Structures on the Laurel Avenue property. Alderman Beidler made a motion to direct the City Manager to Solicit Bids for the Demolition of Structures on the Laurel Avenue property, seconded by Alderman Reisenberg. The following voted “Yea”: Aldermen Waldeck, Beidler, Pandaleon, Tack, Reisenberg, Adelman and Moreno. The following voted “Nay”: None. 7 Yeas, 0 Nays, motion carried. 4. Approval of a License Agreement with the Music Institute of Chicago (MIC) for Volwiler Hall located at 40 E. Old Mill Road. Alderman Reisenberg, Chairman of the Property and Public Land Committee, reported that in 2008 the Music Institute of Chicago assumed the lease at Volwiler Hall form the Lake Forest Symphony, the original lease expired in 2010 and since then has had a series of one year leases. In September 2014 the PPL committee requested that the Music Institute either purchase the property or engage in a long term lease agreement. The Music Institute agreed to a five year lease in the amount of $43,000 per year. Mr. Reisenberg added that separately, the PPL has requested that a Comprehensive Master Plan for the Grove Campus and Northcroft Park properties be developed by the staff. At adoption, The City of Lake Forest will revisit the Institute’s options. Currently the PPL is recommending lease approval. Mayor Schoenheider asked if there was anyone from the public who wanted to comment. Seeing none, he asked for a motion. COUNCIL ACTION: Approve a License Agreement with the Music Institute of Chicago (MIC) for Volwiler Hall located at 40 E. Old Mill Road. Alderman Reisenberg made a motion to approve a License Agreement with the Music Institute of Chicago (MIC) for Volwiler Hall located at 40 E. Old Mill Road, seconded by Alderman Reisenberg. The following voted “Yea”: Aldermen Waldeck, Beidler, Pandaleon, Tack, Reisenberg, Adelman and Moreno. The following voted “Nay”: None. 7 Yeas, 0 Nays, motion carried. OPPORTUNITY FOR CITIZENS TO ADDRESS THE CITY COUNCIL ON NON-AGENDA ITEMS None ITEMS FOR OMNIBUS VOTE CONSIDERATION 1. Approval of the November 17, 2014 City Council meeting Minutes 2. Check Register for period October 25-November 21, 2014 3. Approval of Three-Year Professional Service Agreements with Lake Forest Bank and Trust for banking services and Vantiv for credit card processing services 20 Proceedings of the December 1, 2014 Regular City Council Meeting 4. Approval of a supplemental payment in the amount of $35,000 to the Illinois Municipal Retirement Fund 5. Consideration of an Ordinance Amending Chapter Four of the City Code Regarding Liquor Licenses 6. Award of Bid for the Replacement of an Ambulance for the Fire Department Included in the FY2015 Capital Equipment Budget 7. Award of Bid for the Replacement of a Pick-Up Truck for the Streets & Sanitation Section Included in the FY2015 Capital Equipment Budget 8. Authorization to Dispose of City Property 9. Approval for use of Transportation Alternatives Program (TAP) Grant Funding for the McClory Bike Path Project 10. Award Bid for the Water Plant Intake Well Algae Pre-Screen Project 11. Consideration of a Recommendation from the Plan Commission in Support of Tentative and Final Plat Approval of a 2-Lot Re-Subdivision, the Church of St. James Subdivision. The Property is Located on the west side of Waukegan Road, north of Winwood Drive and is Commonly Known as 1380 N. Waukegan Road. (Approval of a Motion Granting Tentative and Final Plat Approval) COUNCIL ACTION: Approve the Eleven (11) Omnibus items as presented. Mayor Schoenheider asked the Council if they would like any item removed or be taken separately. City Attorney, Victor Filippini stated that there was a scrivener’s error in the minutes to be corrected and item #6 should include the language “with revised pricing as discussed”. Mayor Schoenheider asked for a motion to approve the eleven (11) Omnibus items as presented. Alderman Reisenberg made a motion approving the eleven (11) Omnibus items as presented, seconded by Alderman Moreno. The following voted “Yea”: Aldermen Waldeck, Beidler, Pandaleon, Tack, Reisenberg, Adelman and Moreno. The following voted “Nay”: None. 7 Yeas, 0 Nays, motion carried. Information such as Purpose and Action Requested, Background/Discussion, Budget/Fiscal Impact, Recommended Action and a Staff Contact as it relates to the Omnibus items can be found on the agenda. ORDINANCES 21 Proceedings of the December 1, 2014 Regular City Council Meeting 1. Consideration of (i) a Resolution Regarding the Termination of an Intergovernmental Agreement, and Approval of a Wind-Up Agreement, with District 67, and (ii) Ordinances Terminating Special Service Areas 33 and 36 (Final Reading) Victor Filippini, City Attorney, reported that at its last meeting, the City Council discussed an agreement that the City and School District 67 executed in 1994, the Intergovernmental Community Facilities Financing Agreement (“the IGA”) that set forth provisions for ongoing communication, cooperation and consultation related to the housing of school-aged children within the public school system. Pursuant to the IGA, which expired in July 2014, the City has utilized Tax Increment Financing (TIF) money to support improvements at Everett School and established Special Service Areas (SSAs) associated with specific developments to support constructing new school facilities, school improvements or additions required to provide educational services and facilities to the student population within the SSAs. In 1998 and 1999, School District 67 issued $12.8 million in bonds to address long-term facility needs and anticipated SSA tax assessments to fund a portion of the debt service. Mr. Filippini reported that the City and District 67 have identified the possibility of termination of two of the five SSAs earlier than established due to nominal school district enrollment and beginning with the 2014 levy year. SSAs 15, 34 and 35 would be eliminated beginning January 2019. Allen Albus of District 67 and District 115 gave an estimate of approximately three-quarters of a million dollars from 200 to present that has been collected as a result of the SSAs. He added that from information that he attained through the School District, in 1996-97 the District Board of Education initiated a study that assessed the long term needs of the District. Based on the expected results, a combination of expansions and renovations would be needed to meet the anticipated demands of growth throughout the District. The District committed to funding the project(s) through non-referendum means that included fund balance, long term debt, state grants, operational savings, interest earnings, TIF receipts and Special Service Assessment. In 1998 and 1999 the District issued $12.8 million of debt, scheduled to be repaid in 2019. The SSAs were planned to fund $3.8 million of the issuance. Mr. Albus stated that there were improvements made to all the schools. The City Council had a discussion on what special services the homeowners in the SSAs receive and how they relate to homeowners in these subdivisions. The Council asked how many children are currently in all the SSA areas which is estimated to be at 37. The Council noted the use of the SSA requires the revenues obtained be used primarily for the benefit of the people from whom the revenues have been obtained as part of the statute. City Manager Robert Kiely offered clarification on first reading from the November 17 City Council and stated that Staff misunderstood what the City Council was seeking through the request to terminate all SSA’s without any cash payment. The Staff tried to bring an alternative that allowed the matter to be resolved over a shorter period of time without making any cash payment. City Manager Robert Kiely explained that debt was issued on the representation that the SSA’s would be in place, regardless the debt remains until 2019. As discussed at the Nov 17 meeting the cash 22 Proceedings of the December 1, 2014 Regular City Council Meeting out was equivalent to the net present value of the remaining time on the SSAs. The question was raised as to who pays, the homeowners in the SSAs or is it spread out to all residents, and a decision will have to be made on how to pay that. The Council continued a discussion on fairness, the percentage of the SSA’s actually received,and newer subdivisions that were not subject to SSA’s. Mr. Albus added that the District’s Finance Committee has had some of these same discussions and views, and can clearly rationalize termination of SSAs on Regents Row and Thorndale as no children live in those areas. Mr. Albus added that the Committee is working to find a balance to the improvements made and the debt incurred. Mayor Schoenheider asked if there was anyone from the public who wanted to comment. The following offered their opinion on the topic. Catherine Duffy, 1102 Emmons Court Lisa Hathaway, Realtor Richard Wood, 1032 N. Western Ave. AJ Schultz, 1115 Acorn Trail Paul Hamann, 511 Beverly Gill Wallace, Amberely Woods Mayor Schoenheider thanked all those who offered their opinions. The City Council discussed the option of terminating all SSAs without making a payment to the School District. The question of who wo;; meet the debt obligations and fairness was discussed. Mayor Schoenheider asked the City Attorney for advice on the Council’s options. Victor Filippini offered options for the City Council based on discussions: 1. The Council can choose to not act on the Resolution, which means the agreement winds down based on what the agreement says, 2. The Council can approve the ordinance’s approving the termination of all 5 SSAs, noting that the three that are not identified on the agenda will have to be brought back at a subsequent meeting for ratification and the open meetings act: If the Council wants to take the action of termination, they would have to take the action before the end of the year so the ordinances can be filed and the taxes won’t be levied for the upcoming year. Mr. Filippini added the City of Lake Forest has no obligation of a payment to the District. Mayor Schoenheider added that that City Council could have a third option of eliminating all 5 SSAs and making a payment. Clarifications on the earlier approved Tax Levy and the SSAs were made, an option of a special meeting was offered if the School District needed it to change their levy amount. The Council continued discussion on the importance of being mindful of the district’s needs. Mayor Schoenheider offered the Council the following actions: 23 Proceedings of the December 1, 2014 Regular City Council Meeting 1. Passing the Ordinance on second reading for SSAs 33 & 36, leaving the other three in place to sunset out in 2019. 2. Vote to terminate all five of the SSA”S 3. Modifications to terminate all 5 of the SSAs with a payment of $ 350,000 and the benefit of gaining control over the five acres site at Middlefork The Council confirmed that they can remain in discussion with the School District if they terminate the SSAs. Mayor Schoenheider reiterated the importance of the schools and education as a City Cornerstone to the Community. A Mayor Schoenheider asked for a motion based on discussion. COUNCIL ACTION: Approval of the Proposed Resolution for the Wind-Up Agreement and grant final reading Ordinances terminating SSAs 33 and 36. Alderman Tack made a motion instead to approve Ordinances to Terminate SSAs 15, 33,34,35 and 36, seconded by Alderman Waldeck. The following voted “Yea”: Aldermen Waldeck, Beidler, Pandaleon, Tack, Reisenberg, Adelman and Moreno. The following voted “Nay”: None. 7 Yeas, 0 Nays, motion carried. Mayor Schoenheider thanked all those who gave their input to the Council. NEW BUSINESS Mayor Schoenheider wished everyone on behalf of the City Council and City Staff, a Merry Christmas and a Healthy and Prosperous New Year. ADDITIONAL ITEMS FOR COUNCIL DISCUSSION ADJOURNMENT There being no further business. Alderman Reisenberg made a motion to adjourn, seconded by Alderman Pandaleon Motion carried unanimously by voice vote at 9:10 p.m. Respectfully Submitted, Margaret Boyer Deputy City Clerk A video of the City Council meeting is available for viewing at the Lake Forest Library and on file in the Clerk’s office at City Hall. You can also view it on the website by visiting www.cityoflakeforest.com. Click on I Want To, then click on View, then choose Archived Meetings Videos. 24 The City of Lake Forest SPECIAL CITY COUNCIL Proceedings of the December 10, 2014 City Council Meeting – MUNICIPAL SERVICES CENTER CALL TO ORDER AND ROLL CALL: Alderman Pandaleon called the meeting to order at 5:30 pm, and Deputy City Clerk Margaret Boyer called the roll of Council members. Present: Alderman Waldeck, Alderman Beidler, Alderman Pandaleon, Alderman Tack, Alderman Reisenberg, Alderman Adelman and Alderman Moreno. Absent: Honorable Mayor Schoenheider and Alderman Moore. Also present were: Bob Kiely, City Manager, Victor Filippini, City Attorney; Elizabeth Holleb, Director of Finance. There was no audience. 1. MOTION TO ENTER INTO EXECUTIVE SESSION FOR THE PURPOSE OF LAND ACQUISITION. Alderman Pandaleon asked for a motion at 5:35 p.m. Alderman Adelman made a motion to Adjourn into executive session for the purpose of land acquisition, seconded by Alderman Beidler. The following voted “Yea”: Aldermen Waldeck, Beidler, Pandaleon, Tack, Reisenberg, Adelman and Moreno. The following voted “Nay”: None. 7 Yeas, 0 Nays, motion carried. 2. RECONVENE INTO OPEN SESSION Alderman Pandaleon reconvened the City Council into open session at 6:36 p.m. 3. MEETING WITH REPRESENTATIVES OF THE LAKE COUNTY FOREST PRESERVE DISTRICT REGARDING PROJECTS AFFECTING LAKE FOREST. Executive Director of the Lake County Forest Preserve District Ty Kovach, reviewed the current status of Ft. Sheridan and the Master Plan. Former Mayor Mike Rummel gave a presentation on the Great Lakes Fish and Ecosystem Restoration Act (GLFERA). John Sentell, President of Lake Forest Open Lands and Chuck Myers, Parks & Forestry Superintendent, gave an overview of the McCormick Ravine under GLFERA. City Manager Robert Kiely reviewed the Ft. Sheridan Army Reserve Base and proposed remediation work. 4. MEETING TRAINING Anne Whipple offered a course on meeting etiquette and responding to residents and the press. 5. ADJOURNMENT There being no further business. Alderman Reisenberg made a motion to adjourn, seconded by Alderman Beidler. Motion carried unanimously by voice vote at 9:20 p.m. Respectfully Submitted, Margaret Boyer, Deputy City Clerk 25 Proceedings of the City Council on December 10, 2014 Special City Council Meeting 26 27 28 29 1 THE CITY OF LAKE FOREST RESOLUTION NO. ______ A RESOLUTION RATIFYING AND APPROVING AN AGREEMENT FOR THE PURCHASE OF REAL PROPERTY LOCATED AT 120 EAST LAUREL AVENUE WHEREAS, The City of Lake Forest (“City”) is a home rule, special charter Illinois municipal corporation; and WHEREAS, the City is considering establishing a tax increment financing (“TIF”) district over an approximately 10.6 acre area at the northwest corner of Laurel and Western Avenues, north of the City’s downtown ("Redevelopment Project Area") in accordance with the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et seq. (“TIF Act”) to eliminate blight and induce the redevelopment of the Redevelopment Project Area; and WHEREAS, the City’s consultant, Teska Associates, Inc., prepared a proposed redevelopment plan (“Redevelopment Plan”) for the Redevelopment Project Area, which was considered at a public hearing before the Plan Commission of the City on December 10, 2014; and WHEREAS, the City owns all of the property within the Redevelopment Project Area except for one parcel consisting of approximately 0.1095 acres, commonly known as 120 E. Laurel Avenue, which is legally described in Exhibit A to this Resolution (“Subject Property”); and WHEREAS, the Subject Property is currently owned by Nancy and Joyce Jackson (“Owners”) and is improved with a single family home in which the Owners reside; and WHEREAS, pursuant to an ordinance passed on December 1, 2014, the Mayor and City Council: (i) found and determined that, in order to eliminate blight and pursue the redevelopment of the Redevelopment Project Area in accordance with the Redevelopment Plan, it is necessary and desirable for the City to acquire fee simple title to the Subject Property; and (ii) authorized and directed the City Manager, his staff, and the City Attorney to 30 2 negotiate with the Owners or their authorized representatives for the purchase of the Subject Property; and WHEREAS, the Owners have presented the City with an offer and proposed contract for the purchase and sale of the Subject Property for total compensation of $790,000.00, which compensation includes acquisition of fee simple title to the Subject Property and all relocation benefits and moving expenses to be paid to the Owners; and WHEREAS, on December 31, 2014, the City Manager executed, subject to City Council ratification, a Real Estate Sale and Purchase Contract with the Owners for the purchase of the Subject Property by the City for total compensation of $790,000.00, a copy of which contract is attached to this Resolution as Exhibit B (“Contract”); and WHEREAS, the Mayor and City Council have determined that it is in the best interests of the City and its residents to ratify the City Manager’s execution of the Contract and approve and authorize the purchase of the Subject Property in accordance with the terms thereof; NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of Lake Forest, County of Lake, State of Illinois, as follows: SECTION 1: Recitals. The foregoing recitals are incorporated into this Resolution as findings of the Mayor and City Council. SECTION 2: Ratification and Confirmation. The Mayor and City Council hereby ratify and confirm the City Manager’s execution of the Contract and the City’s agreement to purchase the Subject Property from the Owners for total compensation of $790,000.00, subject to the terms of the Contract. SECTION 3: Execution and Closing. The City Manager and City Clerk shall be, and are hereby, authorized and directed to execute and attest, on behalf of the City, any and all necessary documentation relating to the Contract, including any such documents necessary 31 3 to effectuate the closing of the purchase and sale of the Subject Property as provided in the Contract. SECTION 4: Advance of Funds. The Mayor and City Council hereby authorize an advance from the City’s Capital Improvement Fund for the purchase of the Subject Property in the amount of (i) $790,000.00 for the purchase price under the Contract and (ii) up to $15,000.00 additionally to pay for any unexpected closing costs relating to the Contract. This advance is intended to further the proposed TIF district over the Redevelopment Project Area (“TIF District”). It is anticipated that the City will establish a TIF Project Fund upon the establishment of the TIF District, and the advance authorized by this Resolution shall be deemed an interfund transfer from the Capital Improvement Fun to the TIF Project Fund once the TIF Project Fund is established. The full amount of such transfer shall be repaid to the Capital Improvement Fund upon: (i) the establishment of the proposed TIF District, and (ii) the first issuance of bonds supported by TIF District revenues. SECTION 5: Effective Date. This Resolution shall be in full force and effect from and after its passage and approval and publication in pamphlet form as provided by law. PASSED THIS ____ DAY OF JANUARY, 2015. AYES: NAYS: ABSENT: ABSTAIN: APPROVED THIS ____ DAY OF JANUARY, 2015. Mayor 32 4 ATTEST: City Clerk 33 EXHIBIT A LEGAL DESCRIPTION OF SUBJECT PROPERTY The western 40 feet of the western 115 feet of the southern 120 feet of Lot 3 in Western Addition to Lake Forest Subdivision, in the Northwest ¼ of the Southwest ¼ of Section 28, Township 44 North, Range 12 East, within the City of Lake Forest, Lake County, Illinois. PIN: 12-28-301-019 Common Address: 120 E. Laurel Avenue, Lake Forest, Illinois 60045 34 EXHIBIT B REAL ESTATE PURCHASE AND SALE CONTRACT 35 REAL ESTATE SALE AND PURCHASE CONTRACT NANCY JACKSON and JOYCE JACKSON, as individuals and jointly (collectively “Seller”) agree to sell to THE CITY OF LAKE FOREST, ILLINOIS, a home rule, special charter Illinois municipal corporation ("Purchaser"), and Purchaser agrees to buy from Seller, in accordance with the terms, conditions and stipulations set forth in this Real Estate Purchase Contract ("Contract"), the real property and the improvements located thereon situated in The City of Lake Forest, Lake County, State of Illinois, having the common addresses of 120 E. Laurel Avenue, Lake Forest, Illinois, the legal description of which being set forth on Exhibit A attached hereto and made a part hereof by reference (“Property"). 1. Ownership of the Property: Fee simple ownership of the Property is presently held in the name of Seller and fee simple title shall be conveyed to Purchaser by Warranty Deed for the Property as provided for in this Contract. 2. Purchase Price; Earnest Money: The total purchase price ("Purchase Price") to be paid to Seller by Purchaser for the Property, including and inclusive of all relocation benefits and moving expenses to be paid to Seller by Purchaser shall be SEVEN HUNDRED NINETY THOUSAND and No/DOLLARS ($790,000.00). 3. Delivery of Contract and Payment of Purchase Price: On or before 4:30 p.m. on December 31, 2014, the Parties shall exchange executed counterpart signature pages via e-mail through the Parties’ respective attorneys, and December 31, 2014 will be the effective date (the “Effective Date”) of this Contract; provided, however, that the Purchaser shall present the Contract to its City Council for formal ratification on January 5, 2014. The closing of this transaction (the “Closing”) shall occur on or before January 9, 2015, or such other date as the parties may agree (the "Closing Date"). The Purchase Price shall be paid at the time of the Closing, subject to the 36 2 provisions of Section 4 of this Contract. 4. Possession: Full and complete possession of the Property shall be tendered by Seller to Purchaser on March 2, 2015 or such other date as the parties may agree (the “Possession Date”) . Seller shall have the right to remain in possession of the Property after the Closing Date and through the Possession Date without the payment of rent. Seller shall be responsible for all utilities and other charges related Seller’s continued use and possession of the Property through and including the Possession Date. Seller shall indemnify the Purchaser for any liability related to Seller’s continued use and possession of the Property through and including the Possession Date. At Closing, Thirty Thousand Dollars ($30,000.00) of the Purchase Price (the “Escrowed Funds”) shall be held in escrow with the Title Company (as hereinafter defined), and such Escrowed Funds shall be released to Seller upon Seller’s timely tender of possession of the Property to Purchaser; provided, however, that, in the event that Seller does not vacate the Property by the Possession Date, Purchaser shall be entitled to $1,000.00 for each day that Seller continues to occupy the Property after the Possession Date (the “Extended Possession Payment”), and any Extended Possession Payment shall be set-off against the Escrowed Funds and paid to the Purchaser before any Escrowed Funds are released to Seller. 5. Conveyance and Closing: The Closing shall be through an escrow with a Chicago Title Insurance Company (the “Title Company”) on the Closing Date, in accordance with the general provisions of the usual form of “New York Style” Deed and Money Escrow Agreement then in use by the Title Company, with such special provisions inserted in the escrow agreement as may be required to conform with this Contract (“Deed and Money Escrow”). Upon the creation of the Deed and Money Escrow, anything herein to the contrary notwithstanding, payment of the Purchase Price and delivery of the Warranty Deed and other documents to be delivered shall be 37 3 made through the Deed and Money Escrow. Seller and Purchaser shall execute gap undertakings in the form required by the Title Company in order to close by a “New York Style” closing. Seller shall convey to Purchaser fee simple title to the Property by Warranty Deed or such other instrument in a form satisfactory to Purchaser, consistent with the terms of this Contract. Such title shall be free and clear of all encumbrances whatsoever, except for those hereinafter permitted and identified in Section 6 hereof ("Permitted Exceptions") and such title shall vest in Purchaser upon delivery of the Warranty Deed or such other instrument at Closing, and thereafter immediately be recorded. Purchaser, at its cost, shall pay for the standard title insurance premium. The cost of the Deed and Money Escrow shall be paid by the Purchaser. All other closing costs shall be allocated between Seller and Purchaser in accordance with local custom and practice as determined by the escrow officer. Each party shall be responsible for its respective attorney’s fees and title clearance fees. All State and County transfer stamps, if any, shall be paid in accordance with local custom and practice as determined by the escrow officer. Purchaser and Seller acknowledge this is an “Exempt” transfer to a governmental body. 6. Permitted Exceptions and Condition of Title: The Parties acknowledge that Purchaser has obtained a title commitment issued by the Title Company (the “Title Report”), covering the Property. The term "Permitted Exceptions" as used herein shall include the following: (1) real estate taxes for the years 2014 and subsequent years not yet due and owing, (2) easements for public utilities, and (3) public right-of-ways (collectively “Permitted Exceptions”). Any mortgage or trust deed encumbering the Property shall not be considered a permitted exception hereunder. Purchaser shall pay for the standard title insurance premium for an owner's title insurance policy issued by the Title Company in the amount of the purchase price, evidencing title to the 38 4 Property on or after the date of execution hereof, showing title to be vested in Seller and subject only to Seller's mortgage, if any, and the Permitted Exceptions. If such evidence of title discloses defects other than the Permitted Exceptions and Seller's mortgage, Seller shall have until Closing to cure such defects, except Seller's, mortgage, and notify Purchaser. If Seller is unable to cure such defects, Purchaser may, at its election, terminate this Contract or may accept title to the Property as it then exists (with the right to deduct from the purchase price liens or encumbrances of a definite or ascertainable amount) by notifying Seller and tendering performance. If Purchaser terminates this Contract as provided in this Section 6, then the parties will have no further liability to each other. 7. Taxes; Prorations: Seller agrees to pay all general real estate taxes, special assessments and special taxes due or to become due for the Property up to the date of Closing. General real estate taxes for tax years 2014 and subsequent years not yet due and owing shall be prorated as of the date of Closing and based on 105% of the most recent ascertainable taxes and shall not be reprorated upon issuance of the actual tax bill. 8. Obligations of Seller: Seller covenants and agrees with Purchaser that from the Effective Date until Closing or earlier termination of this Contract (or the Possession Date, if so specified), Seller shall: A. Advise Purchaser promptly of any litigation, arbitration, or administrative hearing before any governmental agency concerning or affecting the Property which is instituted or threatened after the Effective Date. B. Not take any action or permit any action to be taken which would change the physical characteristics of the Property without Purchaser's prior written consent, normal wear and tear excepted. 39 5 C. Have good, marketable and indefeasible fee simple title to the Property. D. Provide for the general maintenance of the Property but (i) shall not be obligated to make any repairs and replacement pertaining to the Property prior to the Possession Date, and (ii) shall not permit or suffer to permit any lien or other encumbrance to be placed upon or recorded against the Property. E. Not enter into any agreements or place any mortgage on all or part of the Property or further encumber or restrict the title to the Property without Purchaser's prior written consent. F. Undertake all necessary actions to secure and tender full and complete possession of the Property to Purchaser on the Possession Date. The provisions of this Section 8 shall survive the Closing. 9. Default: If Purchaser shall default under the terms and provisions of this Contract and such default is not cured within seven (7) days of written notice of such default, Seller shall be entitled to pursue all actions or remedies in law or equity including, but not limited to, an action for specific performance. If Seller shall default under the terms and provisions of this Contract and such default is not cured within seven (7) days of written notice of such default, Purchaser shall be entitled to pursue all actions or remedies in law or equity including, but not limited to, an action for specific performance or to terminate this Contract. In the event of a default, the parties agree that the defaulting party shall be liable for all costs, expenses and attorney's fees of any nature whatsoever, incurred or suffered by or claimed against the non-defaulting party. 10. Brokers: Purchaser and Seller acknowledge that no person or entity has acted as broker for or on behalf of Purchaser or as broker for or on behalf of Seller. Purchaser and Seller agree that should any other broker make a claim for a commission based upon the actions of Seller 40 6 or Purchaser, then that party shall indemnify, defend and hold the other harmless from any such claim. Notwithstanding anything contained herein to the contrary, the provisions of this Section 10 shall survive the Closing. 11. Notices: All notices required or permitted hereunder shall be in writing and shall be served on the parties at the addresses set forth below. Any such notices shall be either (a) sent by overnight delivery using a nationally recognized overnight courier, in which case notice shall be deemed delivered one business day after deposit with such courier, (b) sent by email in PDF format, with written confirmation by overnight or first class mail, in which case notice shall be deemed delivered upon receipt of confirmation of transmission of such email notice, or (c) sent by personal delivery, in which case notice shall be deemed delivered upon receipt. Any notice sent by email or personal delivery and delivered after 5:00 p.m. Central Time shall be deemed received on the next business day. A party’s address may be changed by written notice to the other party; provided, however, that no notice of a change of address shall be effective until actual receipt of such notice. Copies of notices are for informational purposes only, and a failure to give or receive copies of any notice shall not be deemed a failure to give notice. Notices given by counsel to the Purchaser shall be deemed given by Purchaser and notices given by counsel to the Seller shall be deemed given by Seller. Notices shall be addressed to the parties as follows: As to Purchaser: City of Lake Forest c/o City Manager 220 East Deerpath Lake Forest, Illinois 60045 With Copies to: Victor P. Filippini, Jr. Filippini Law Firm 990 Grove Street, Ste. 220 Evanston, Illinois 60201 Telephone: 312/300-6549 41 7 Email: Victor.Filippini@filippinilawfirm.com As to Seller: Nancy Jackson Joyce Jackson 120 E. Laurel Avenue Lake Forest, Illinois 60045 With Copies to: William E. Ryan Ryan and Ryan 9501 West Devon, Suite 300 Rosemont, Illinois 60018 Telephone: 847/825-8600 Email: wryan@ryanryanlaw.com 12. Survival: The representations, agreement to pay the Purchase Price, covenants and warranties set forth herein shall be continuing, shall survive Closing, and shall remain in full force and effect thereafter. 13. Parties Bound: This Contract shall be binding upon and inure to the benefit of Seller and Purchaser, their respective heirs, personal representatives, successors and assigns. 14. Governing Law: The laws of the State of Illinois shall govern the validity, construction, enforcement and interpretation of this Contract. 15. Time of the Essence: The parties hereto expressly agree that time is of the essence with respect to this Contract and the Closing. 16. Entire Agreement: This Contract embodies the entire agreement of the parties in respect of the transaction herein contemplated, superseding all prior agreements whether oral or written. Any amendments hereto shall be in writing and executed by the parties hereto. 17. Non-Business Days: If the Closing Date or the date for delivery of a notice or performance of some other obligation of Seller or Purchaser falls on a Saturday, Sunday or legal holiday in the State of Illinois, then the date for Closing or such notice or performance shall be postponed until the next business day. 42 8 18. Severability: In the event any phrase, paragraph, section or portion of this Contract is found to be invalid, illegal or unenforceable by any court of competent jurisdiction, such finding of invalidity, illegality or unenforceability as to that portion shall not affect the validity, legality or enforceability of the remaining portions of this Contract. 19. Captions and Pronouns: The captions and headings of the various paragraphs and sections of this Contract are for convenience only and are not to be construed as confining, defining, expanding or limiting in any way the scope or intent of the provisions hereof. Whenever the context requires or permits, the singular shall include the plural, the plural shall include the singular, and the masculine, feminine and neuter shall be freely interchangeable. 20. Survey: Seller shall not be obligated to provide Purchaser with a current survey of the Property (“Survey”). Purchaser, at its sole cost, may secure a Survey for the Property. 21. Property Condition; Seller’s Right to Remove: (a) Seller is selling and Purchaser is purchasing and taking the Property on an “AS IS” basis and Purchaser acknowledges that it is not relying upon any representation, statement or other assertion of any kind whatsoever implied, from Seller or Seller’s agents as to any matter concerning any condition of the Property or any improvement thereon. (b) Seller and Purchaser agree that Seller shall have the right but not the obligation to remove the items, fixtures, and attachments identified on Exhibit B from the Property prior to the Possession Date provided, however, that Seller agrees to take reasonable measures to secure and keep closed the exterior of the Property. 22. Transaction Under Threat of Condemnation: Seller and Purchaser agree and acknowledge that this transaction and the Purchase Price have been negotiated under threat of condemnation. The parties acknowledge that absent this Contract the Property was subject to the 43 9 exercise of eminent domain and that the Property may have been acquired by the Purchaser by eminent domain. 23. Multiple Counterparts: This Contract may be executed in a number of identical counterparts. If so executed, each of such counterparts shall, collectively, constitute one agreement, but in making proof of this Contract, it shall not be necessary to produce or account for more than one such counterpart. If requested by Purchaser, Seller agrees to execute a memorandum of this Contract in form recordable in the real property records of Lake County, Illinois. [SIGNATURES APPEAR ON FOLLOWING PAGE(S)] 44 10 IN WITNESS WHEREOF, the parties hereto have, by their duly authorized representatives, executed this Contract as of this _____ day of December, 2014. PURCHASER: The City of Lake Forest, a home rule, special charter Illinois municipal corporation By: Name: _____________________ Title: ______________________ Date: December ____, 2014 SELLER: Nancy Jackson, individually and jointly ______________________________ Name: Nancy Jackson Date: December ____, 2014 Joyce Jackson, individually and jointly ______________________________ Name: Joyce Jackson Date: December ____, 2014 45 11 Exhibit A Legal Description of Property The western 40 feet of the western 115 feet of the southern 120 feet of Lot 3 in Western Addition to Lake Forest Subdivision, in the Northwest ¼ of the Southwest ¼ of Section 28, Township 44 North, Range 12 East, within the City of Lake Forest, Lake County, Illinois. PIN: 12-28-301-019 Common Address: 120 E. Laurel Avenue, Lake Forest, Illinois 60045 46 12 Exhibit B Fixtures Subject to Seller’s Removal 1. Dining room light fixture 2. Garage door operating system 3. Furnace 4. Hot water heater 5. Air compressor in garage 6. Driveway bricks (have been sold) 7. Two French doors in the house 8. Programmable thermostat 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 1 Elawa Cottage Lease Agreement This Agreement (hereinafter referred to as the “Elawa Cottage Lease Agreement”) is made and entered into this ___day of ________________, 20____, by and between Elawa Farm Foundation (hereinafter referred to as "Landlord") and the Department of Parks and Recreation of The City of Lake Forest (hereinafter referred to as "Tenant.") For and in consideration of the covenants and obligations contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows: 1. PROPERTY. This Agreement relates to certain real property and improvements known as the Caretaker’s Cottage and located at 1403 Middlefork Drive, Lake Forest, Illinois 60045 (hereinafter referred to as the "Premises"). Landlord desires to lease the Premises to Tenant upon the terms and conditions contained herein. Tenant desires to lease the Premises from Landlord on the terms and conditions as contained herein. 2. TERM. This Elawa Cottage Lease Agreement shall commence on May 20, 2014 (hereinafter referred to as the “Commencement Date”) and shall continue as a lease for term. The termination date shall be on May 19, 2017 at 11:59 PM (hereinafter referred to as the “Termination Date”). Upon the Termination Date, Tenant shall be required to vacate the Premises unless one of the following circumstances occurs: (i) Landlord and Tenant formally extend this Elawa Cottage Lease Agreement in writing or create and execute a new, written, and signed Elawa Cottage Lease Agreement; or (ii) Landlord willingly accepts new Rent from Tenant, which does not constitute past due Rent. In the event that Landlord accepts new Rent from Tenant after the Termination Date, a month-to-month tenancy shall be created subject to the provisions of Paragraph 16 below. Notices to terminate may be given on any calendar day, irrespective of Commencement Date. Rent shall continue at the rate specified in this Elawa Cottage Lease Agreement, or as allowed by law. All other terms and conditions as outlined in this Elawa Cottage Lease Agreement shall remain in full force and effect. Time is of the essence for providing notice of termination (strict compliance with dates by which notice must be provided is required). 3. RENT. Tenant shall pay to Landlord the sum of $2,330.00 per month as rent (hereinafter referred to as “Rent”) for the Term of the Agreement. Due date for Rent payment shall be the 1st day of each calendar month and shall be considered advance payment for that month. Weekends and holidays do not delay or excuse Tenant’s obligation to timely pay rent. A. Delinquent Rent. If not paid on or before the 10th of each month, Rent shall be considered overdue and delinquent. If the month’s rent is delinquent, Tenant will pay Landlord a late charge of $20.00 per day until rent is paid in full. Landlord may waive the late charges for that month at its sole discretion. B. Prorated Rent. In the event that the Commencement Date is not the 1st of the calendar month, Rent payment remitted on the Commencement Date shall be prorated based on a 30-day period. C. Returned Checks. In the event that any payment by Tenant is returned for insufficient funds ("NSF") or if Tenant stops payment, Tenant will pay $50.00 to Landlord for each such check, plus late charges, as described above, until Landlord has received payment in good funds. Furthermore, Landlord may require in writing that Tenant pay all future Rent payments by wire transfer, ACH debit, cash, money order, or cashier's check. 124 2 D. Order in which funds are applied. Landlord will apply all funds received from Tenant first to any non- rent obligations of Tenant including late charges, returned check charges, charge-backs for repairs required under this Elawa Cottage Lease Agreement, and then to Rent, regardless of any notations on a check. E. Rent Increases. There will be an annual increase of Rent, based on the then current Rent plus the greater of the most recent 12 month CPI or 3%, through the Termination Date. 4. SECURITY DEPOSIT. Upon execution of this Elawa Cottage Lease Agreement, Tenant shall not pay a deposit with Landlord. The Tenant will be responsible for any damage caused to the Premises during the term hereof, reasonable wear and tear thereof and damages by the elements excepted. 5. USE OF PREMISES. The Premises shall be used and occupied solely by the Tenant’s Wildlife Discovery Center (hereinafter referred to as the “WDC”) Curator (hereinafter referred to as the “WDC Curator”) and his immediate family exclusively, as a private single family dwelling, and no part of the Premises shall be used at any time during the term of this Elawa Cottage Lease Agreement by Tenant for the purpose of carrying on any business, profession, or trade of any kind, or for any purpose other than as a private single family dwelling consistent with the Lake Forest Zoning Code, or as described in Paragraph 18 below. Tenant shall not allow any other person, other than Tenant's immediate family or transient relatives and friends who are guests of Tenant or the WDC Curator, to use or occupy the Premises without first obtaining Landlord's written consent to such use. Tenant shall comply with any and all laws, ordinances, rules and orders of any and all governmental or quasi-governmental authorities affecting the cleanliness, use, occupancy and preservation of the Premises. 6. CONDITION OF PREMISES. Tenant stipulates, represents and warrants that Tenant has examined the Premises and acknowledges and accepts the current condition of the Premises. 7. ASSIGNMENT AND SUB-LETTING. Tenant shall not assign this Elawa Cottage Lease Agreement, or sub-let or grant any license to use the Premises or any part thereof without the prior written consent of Landlord. A consent by Landlord to one such assignment, sub-letting or license shall not be deemed to be a consent to any subsequent assignment, sub-letting or license. An assignment, sub-letting or license without the prior written consent of Landlord or an assignment or sub-letting by operation of law shall be absolutely null and void and shall, at Landlord's option, terminate this Elawa Cottage Lease Agreement. 8. ALTERATIONS AND IMPROVEMENTS. Tenant shall make no alterations to the buildings or improvements on the Premises or construct any building or make any other improvements on the Premises without the prior written consent of Landlord. Any and all alterations, changes, and/or improvements built, constructed or placed on the Premises by Tenant shall, unless otherwise provided by written agreement between Landlord and Tenant, be and become the property of Landlord and remain on the Premises at the expiration or earlier termination of this Elawa Cottage Lease Agreement. 9. NON-DELIVERY OF POSSESSION. In the event Landlord cannot deliver possession of the Premises to Tenant upon the Commencement Date of the Lease term, through no fault of Landlord or its agents, then Landlord or its agents shall have no liability, but the Rent herein provided shall abate until possession is given. Landlord or its agents shall have thirty (30) days in which to give possession, and if possession is tendered within such time, Tenant agrees to accept the demised Premises and pay the Rent herein provided from that date. In the event possession cannot be delivered within such time, through no fault of Landlord or its agents, then this Elawa Cottage Lease Agreement and all rights hereunder shall terminate. 10. HAZARDOUS MATERIALS. Tenant shall not keep on the Premises any item of a dangerous, flammable or explosive character that might unreasonably increase the danger of fire or explosion on the Premises or that might be considered hazardous or extra hazardous by any responsible insurance company. 11. UTILITIES. Tenant shall be responsible for arranging for and paying for all utility services required on the Premises. 125 3 12. MAINTENANCE, REPAIR, AND RULES. Tenant will, at its sole expense, keep and maintain the Premises and appurtenances in good and sanitary condition and repair during the term of this Elawa Cottage Lease Agreement and any renewal thereof. Tenant shall pay for maintenance and repairs, such as backed up toilets, plugged drains, up to the amount of $150 per month. Items above $150 require prompt notification and approval of the Landlord, unless such items are the responsibility of the Owner of the Premises. Without limiting the generality of the foregoing, Tenant shall: A. Not obstruct the driveways, sidewalks, courts, entry ways, stairs and/or halls, which shall be used for the purposes of ingress and egress only; B. Keep all windows, glass, window coverings, doors, locks and hardware in good, clean order and repair; C. Tenant will make all repairs required to the walls, windows, glass, ceilings, paint, plastering, plumbing work, pipes and fixtures belonging to the Premises, whenever damage or injury to the same shall have resulted from misuse or neglect; and Tenant agrees to pay for any and all repairs that shall be necessary to put the Premises in the same condition as when he entered therein, reasonable wear and tear and damages by the elements excepted, and the expense of such repairs shall be included within the terms of this Elawa Cottage Lease Agreement and any judgment by confession entered therefor. D. Keep the Premises and their fixtures, and to commit or suffer no waste therein; that no changes or alterations of the Premises shall be made or partitions erected, nor walls papered without the consent of the Landlord and the Owner; E. Not obstruct or cover the windows or doors; F. Not leave windows or doors in an open position during any inclement weather; G. Not hang any laundry, clothing, sheets, etc., from any window, rail, porch or balcony nor air or dry any of same within any yard area or space; H. Not cause or permit any locks or hooks to be placed upon any door or window without the prior written consent of Landlord; I. Keep all air conditioning filters clean and free from dirt; J. Keep all lavatories, sinks, toilets, and all other water and plumbing apparatus in good order and repair and shall use same only for the purposes for which they were constructed. Tenant shall not allow any sweepings, rubbish, sand, rags, ashes or other substances to be thrown or deposited therein. Any damage to any such apparatus and the cost of clearing stopped plumbing resulting from misuse shall be borne by Tenant; K. Tenant, WDC Curator, WDC Curator's family and guests shall at all times maintain order in the Premises and at all places on the Premises, and shall not make or permit any loud or improper noises, or otherwise disturb other residents; L. Keep all radios, television sets, stereos, phonographs, etc., turned down to a level of sound that does not annoy or interfere with other residents; M. Deposit all trash, garbage, rubbish or refuse in the locations provided and shall not allow any trash, garbage, rubbish or refuse to be deposited or permitted to stand on the exterior of any building or within the common elements; N. Abide by and be bound by any and all rules and regulations affecting the Premises or the common area. 126 4 13. DAMAGE TO PREMISES. In the event the Premises are destroyed or rendered wholly uninhabitable by fire, storm, earthquake, or other casualty not caused by the negligence of Tenant, this Elawa Cottage Lease Agreement shall terminate from such time except for the purpose of enforcing rights that may have then accrued hereunder. The Rent provided for herein shall then be accounted for by and between Landlord and Tenant up to the time of such injury or destruction of the Premises, Tenant paying Rents up to such date and Landlord refunding Rents collected beyond such date. Should a portion of the Premises thereby be rendered uninhabitable, the Landlord shall have the option of either repairing such injured or damaged portion or terminating this Lease. In the event that Landlord exercises its right to repair such uninhabitable portion, the rental shall abate in the proportion that the injured parts bears to the whole Premises, and such part so injured shall be restored by Landlord as speedily as practicable, after which the full Rent shall recommence and the Elawa Cottage Lease Agreement continue according to its terms. 14. ACCESS BY LANDLORD. Landlord and Landlord's agents shall have the right at all reasonable times, and by all reasonable means, with at least 24 hour notice, except in the case of an emergency, during the term of this Elawa Cottage Lease Agreement and any renewal thereof to enter the Premises for the following purposes: A. Inspect the Premises for condition; B. Make repairs; C. Show the Premises to prospective tenants, prospective purchasers, inspectors, fire marshals, lenders, appraisers, or insurance agents; E. Leave written notice; If Tenant fails to permit reasonable access under this Paragraph, Tenant will be in default. 15. SUBORDINATION OF LEASE. This Elawa Cottage Lease Agreement and Tenant's interest hereunder are and shall be subordinate, junior and inferior to any and all mortgages, liens or encumbrances now or hereafter placed on the Premises by Landlord or Owner, all advances made under any such mortgages, liens or encumbrances (including, but not limited to, future advances), the interest payable on such mortgages, liens or encumbrances and any and all renewals, extensions or modifications of such mortgages, liens or encumbrances. 16. TENANT'S HOLD OVER. If Tenant remains in possession of the Premises with the consent of Landlord after the natural expiration of this Elawa Cottage Lease Agreement, a new tenancy from month-to-month shall be created between Landlord and Tenant which shall be subject to all of the terms and conditions hereof except that Rent shall then be due and owing at the then prevailing rent plus the greater of the most recent 12 month CPI or 3% per year and except that such tenancy shall be terminable upon thirty (30) days written notice served by either party. 17. SURRENDER OF PREMISES. Upon the expiration of the term hereof, Tenant shall surrender the Premises in as good a state and condition as they were at the Commencement Date of this Elawa Cottage Lease Agreement, reasonable use and wear and tear thereof and damages by the elements excepted. 18. ANIMALS. On occasion and with notification given to the Executive Director of the Landlord, the WDC Curator may assist local, state and federal authorities in temporarily keeping reptiles on the Premises until they can be placed with permanent facilities as quickly as possible. Additionally, animals that belong to the WDC may be kept on the Premises on occasions when such animals need to be kept off exhibit for veterinary care and recuperation, or, during exhibit improvements where an animal has to be kept off exhibit. In the event of severe weather, the basement can serve as a triage area to move animals to better assure that they are kept in a secure place until the severe weather has passed. The basement has limited space and as such, will only serve a small number of animals at any given time. Any non-domestic animals kept at the Premises shall be kept in secure and escape-proof enclosures. All state and federal permits will be required and properly displayed. Tenant will provide a current list of all animals kept in the basement for such purposes to the 127 5 Executive Director of the Landlord and the Owner. When animals are released and either placed in permanent facilities and/or out of veterinary care and recuperation, tenant will provide an updated list to the Executive Director of the Landlord and the Owner. Landlord will not be liable for any harm, injury, death, or sickness to any animal. Tenant is responsible and liable for any damage or required cleaning to the Premises caused by any animal temporarily placed in the Premises and for all costs Landlord may incur in removing or causing any animal to be removed. 19. WATERBEDS. There will be no waterbeds, unless authorized by a separate written Waterbed Addendum to this Elawa Cottage Lease Agreement. 20. QUIET ENJOYMENT. Tenant, upon payment of all of the sums referred to herein as being payable by Tenant and Tenant's performance of all Tenant's agreements contained herein and Tenant's observance of all rules and regulations, shall and may peacefully and quietly have, hold and enjoy said Premises for the term hereof, subject to the prevailing activities of the Landlord. 21. INDEMNIFICATION. Neither the Landlord nor the Owner shall be liable for any damage or injury of or to the Tenant, the WDC Curator, the WDC Curator's family, or their guests, invitees, agents or employees or to any person entering the Premises or the building of which the Premises are a part or to goods or equipment, or in the structure or equipment of the structure of which the Premises are a part, or of keeping of the animals, including but not limited to any liability resulting from the Landlord turning said animals over to local policing authorities should the animals be found unsupervised; from all liability arising from any person contracting an infectious disease, harm or injury from said reptiles or other animal, and Tenant hereby agrees to indemnify, defend and hold Landlord and Owner harmless from any and all claims or assertions of every kind and nature. 22. DEFAULT . If Landlord breaches this Elawa Cottage Lease Agreement, Tenant may seek any relief provided by law. If Tenant fails to comply with any of the material provisions of this Elawa Cottage Lease Agreement, other than the covenant to pay Rent, or of any present rules and regulations or any that may be hereafter prescribed by Landlord, or materially fails to comply with any duties imposed on Tenant by statute, within seven (7) days after delivery of written notice by Landlord specifying the non-compliance and indicating the intention of Landlord to terminate the Lease by reason thereof, Landlord may terminate this Elawa Cottage Lease Agreement unless Tenant cures such non-compliance within such seven-day period. If Tenant fails to pay Rent when due and the default continues for seven (7) days thereafter, Landlord may, at Landlord's option, declare the entire balance of Rent payable hereunder to be immediately due and payable and may exercise any and all rights and remedies available to Landlord at law or in equity or may immediately terminate this Elawa Cottage Lease Agreement. 23. ABANDONMENT. If at any time during the term of this Elawa Cottage Lease Agreement Tenant abandons the Premises or any part thereof, Landlord may, at Landlord's option, obtain possession of the Premises in the manner provided by law without becoming liable to Tenant for damages or for any payment of any kind whatever. Landlord may, at Landlord's discretion, as agent for Tenant, relet the Premises, or any part thereof, for the whole or any part of the then unexpired term, and may receive and collect all Rent payable by virtue of such reletting, and, at Landlord's option, hold Tenant liable for any difference between the rent that would have been payable under this Elawa Cottage Lease Agreement during the balance of the unexpired term, if this Elawa Cottage Lease Agreement had continued in force, and the net rent for such period realized by Landlord by means of such reletting. If Landlord's right of reentry is exercised following abandonment of the Premises by Tenant, then Landlord shall consider any personal property belonging to Tenant and left on the Premises to also have been abandoned, in which case Landlord may dispose of all such personal property in any manner Landlord shall deem proper and Landlord is hereby relieved of all liability for doing so. 24. ATTORNEYS' FEES. Should it become necessary for Landlord to employ an attorney to enforce any of the conditions or covenants hereof, including the collection of Rent or gaining possession of the Premises, Tenant agrees to pay all expenses so incurred, including a reasonable attorneys' fee. 25. RECORDING OF ELAWA COTTAGE LEASE AGREEMENT. Tenant shall not record this Elawa Cottage Lease Agreement on the Public Records of any public office. In the event that Tenant shall record this Elawa 128 6 Cottage Lease Agreement, this Elawa Cottage Lease Agreement shall, at Landlord's option, terminate immediately and Landlord shall be entitled to all rights and remedies that it has at law or in equity. 26. GOVERNING LAW. This Elawa Cottage Lease Agreement shall be governed, construed and interpreted by, through and under the Laws of the State of Illinois. 27. SEVERABILITY. If any provision of this Elawa Cottage Lease Agreement or the application thereof shall, for any reason and to any extent, be invalid or unenforceable, neither the remainder of this Elawa Cottage Lease Agreement nor the application of the provision to other persons, entities or circumstances shall be affected thereby, but instead shall be enforced to the maximum extent permitted by law. 28. BINDING EFFECT. The covenants, obligations and conditions herein contained shall be binding on and inure to the benefit of the heirs, legal representatives, and assigns of the parties hereto. 29. DESCRIPTIVE HEADINGS. The descriptive headings used herein are for convenience of reference only and they are not intended to have any effect whatsoever in determining the rights or obligations of the Landlord or Tenant. 30. CONSTRUCTION. The pronouns used herein shall include, where appropriate, either gender or both, singular and plural. 31. NON-WAIVER. No delay, indulgence, waiver, non-enforcement, election or non-election by Landlord under this Elawa Cottage Lease Agreement will be deemed to be a waiver of any other breach by Tenant, nor shall it affect Tenant's duties, obligations, and liabilities hereunder. 32. MODIFICATION. The parties hereby agree that this document contains the entire agreement between the parties and this Elawa Cottage Lease Agreement shall not be modified, changed, altered or amended in any way except through a written amendment signed by all of the parties hereto. 33. NOTICE. Any notice required or permitted under this Lease or under state law shall be delivered to Tenant at the Premises address, and to Landlord at the following address: 1401 Middlefork Drive, Lake Forest, IL 60045 [Remainder of Page Intentionally Left Blank] 129 7 34. LEAD -BASED PAINT DISCLOSURE. Given that the Premises were constructed prior to 1978, Tenant acknowledges awareness of various written materials entitled “LEAD-BASED PAINT DISCLOSURE” which contains disclosure of information on lead-based paint and/or lead-based paint hazards. As to Landlord this ______ day of ________________________, 20_____. LANDLORD: Sign: ___________________________________ Print: _________________________________ Date: ______________ As to Tenant, this ______ day of ________________________, 20_____. TENANT Sign: ___________________________________ Print: __________________________________ Date: ______________ TENANT: Sign: ___________________________________ Print: __________________________________ Date: ______________ Revised 12-01-14 130 8 131 132 133 THE CITY LAKE FOREST ORDINANCE NO. 2015-___ AN ORDINANCE DESIGNATING THE LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA PURSUANT TO THE TAX INCREMENT ALLOCATION REDEVELOPMENT ACT Adopted by the Mayor and City Council of The City of Lake Forest this __th day of January, 2015 Published in pamphlet form by direction and authority of The City of Lake Forest, Lake County, Illinois this __th day of January, 2015 134 ORDINANCE NO. 2015-___ AN ORDINANCE DESIGNATING THE LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA PURSUANT TO THE TAX INCREMENT ALLOCATION REDEVELOPMENT ACT WHEREAS, The City of Lake Forest (the “City”) desires to implement tax increment financing pursuant to the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et seq., as amended (the “Act”) for the proposed Laurel and Western Avenues Redevelopment Project Area within the municipal boundaries of the City as legally described in Exhibit A and depicted in Exhibit B, attached hereto and made a part hereof (the “Redevelopment Project Area”); and WHEREAS, on January __, 2015, the City Council of the City of Lake Forest, Illinois (the “City”) adopted Ordinance 2015-___ approving a Redevelopment Plan and Project and Eligibility Report for the Redevelopment Project Area; and WHEREAS, the Redevelopment Project Area and the Redevelopment Plan and Project were subject to notice and a public hearing held on December 10, 2014 as required by the Act; and WHEREAS, all findings and certifications set forth in Ordinance 2015-___ and in the Redevelopment Plan and Project are hereby adopted as the findings and certifications of the Mayor and City Council as if fully set forth in this Ordinance; and WHEREAS, the Mayor and City Council have determined it is now necessary and desirable to designate the Redevelopment Project Area as a redevelopment project area pursuant to the Act; NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF LAKE FOREST, COUNTY OF LAKE, STATE OF ILLINOIS, as follows: 135 SECTION 1. Recitals. The foregoing recitals are incorporated into this Ordinance as findings of the Mayor and City Council. SECTION 2. Designation of the Laurel and Western Avenue Redevelopment Project Area. The Redevelopment Project Area, as legally described on Exhibit A and depicted on Exhibit B, is hereby designated as a redevelopment project area, pursuant to Section 4 of the Act and shall hereafter be known as the Laurel and Western Avenues Redevelopment Project Area. SECTION 3. Repealer. All ordinances or parts of ordinances in conflict herewith are hereby repealed to the extent of such conflict. SECTION 4. Filing of Ordinance. The City Clerk is hereby authorized and directed to cause a certified copy of this Ordinance to be filed in the Office of the Lake County Clerk. SECTION 5. Effective Date. This Ordinance shall be in full force and effect immediately upon its passage, approval, and publication in pamphlet form in the manner provided by law. 136 PASSED by roll call vote this ___ day of January, 2015. AYES: NAYS: ABSENT: ABSTAIN: APPROVED this ___ day of January, 2015. ______________________________ Donald P. Schoenheider, Mayor ATTEST: ________________________________ Margaret Boyer, Deputy City Clerk 137 EXHIBIT A (Legal Description of the Redevelopment Project Area) CITY OF LAKE FOREST, ILLINOIS LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA Legal Description Beginning at the point at southwest corner of Lot 7, Block 301, of the Western Addition to Lake Forest Subdivision, in the Northwest ¼ of the Southwest ¼ of Section 28, Township 44 North, Range 12 East, within the City of Lake Forest, Lake County, Illinois; thence north, running along the western lot line of said Lot 7, approximately 674.3 feet, to the northwest corner of said Lot 7; thence north, 66 feet, to the point of intersection of said western lot line of Lot 7 extended and the northern line of the Franklin Place right-of-way; thence east, 596.6 feet along said northern line of the Franklin Place right-of-way to the intersection of the West line of the Western Avenue right-of-way and said the North line of the Franklin Place right-of-way; thence, east, approximately 67.79 feet, to the point of intersection of a line extending said North line of the Franklin Place right-of-way and the East line of the Western Avenue right-of-way; thence southeast, approximately 822 feet, along the East line of the Western Avenue right-of-way the point of intersection of said East line of the Western Avenue right-of-way and the South line of the East Laurel Avenue right-of-way extended; thence west, approximately 67.79 feet to the point at the intersection of the West Line of the Western Avenue right-of-way and the South Line of the Laurel Avenue right-of-way; thence west, approximately 784.08 feet, along the South line of the East Laurel Avenue to the point of intersection with the west property line of Lot 6, Block 307 of the Western Addition to Lake Forest Subdivision; thence northwest, approximately 67.5 feet across the Laurel Avenue right-of-way to the point of beginning. 138 Exhibit B (Map showing the general street boundaries of the Redevelopment Project Area) 139 STATE OF ILLINOIS ) ) ss COUNTY OF LAKE ) CERTIFICATE I, Margaret Boyer, certify that I am the Deputy City Clerk of The City of Lake Forest, Illinois. I further certify that on _____________________, 2015, the Corporate Authorities of The City of Lake Forest passed and approved Ordinance No. 2015-___, entitled, AN ORDINANCE DESIGNATING LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA PURSUANT TO THE TAX INCREMENT ALLOCATION REDEVELOPMENT ACT A true and correct copy of Ordinance No. 2015 - ___ is attached. Dated at Lake Forest, Illinois, this __th day of January, 2015. __________________________ Margaret Boyer, Deputy City Clerk 140 STATE OF ILLINOIS ) ) SS COUNTY OF LAKE ) FILING CERTIFICATE RE: APPROVAL OF THE LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA I, the undersigned, do hereby certify that I am the duly qualified and acting County Clerk of Lake County, Illinois, and as such official I do further certify that on the ____ day of ____________ 2015 there was filed in my office a duly certified copy of an ordinance numbered 2015-___, entitled: AN ORDINANCE DESIGNATING THE LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA PURSUANT TO THE TAX INCREMENT ALLOCATION REDEVELOPMENT ACT duly adopted by the City Council of the City of Lake Forest, Lake County, Illinois, on the ___th day of January, 2015, and that the same has been deposited in the official files and records of my office. IN WITNESS WHEREOF, I hereunto affix my official signature and the seal of said County, this _____th day of ____________ 2015. _____________________________________ County Clerk of Lake County, Illinois [SEAL] 141 142 THE CITY OF LAKE FOREST ORDINANCE NO. 2015-___ AN ORDINANCE APPROVING THE REDEVELOPMENT PLAN AND PROJECT FOR THE LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA Adopted by the Mayor and City Council of the City of Lake Forest this __th day of January, 2015 Published in pamphlet form by direction and authority of The City of Lake Forest, Lake County, Illinois this __th day of January, 2015 143 THE CITY OF LAKE FOREST ORDINANCE NO. 2015-_____ AN ORDINANCE APPROVING THE REDEVELOPMENT PLAN AND PROJECT FOR THE LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA WHEREAS, The City of Lake Forest (the “City”) desires to implement Tax Increment Financing pursuant to the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et seq., as amended (the “Act”) for the proposed Laurel and Western Avenues Redevelopment Project Area within the municipal boundaries of the City as legally described in Exhibit A and depicted in Exhibit B, attached hereto and made a part hereof (the “Redevelopment Project Area”); and WHEREAS, pursuant to an ordinance adopted by the City’s corporate authorities on October 20, 2014, an interested parties registry and rules for the registry’s implementation were established for the Redevelopment Project Area, in accordance with Section 11-74.4-4.2 of the Act; and WHEREAS, notice of the establishment of the interested parties registry was given by publication in a newspaper of general circulation within the City; and WHEREAS, the City has retained Teska Associates, Inc. (“Consultant”) to assist the City in analyzing redevelopment strategies for the Redevelopment Project Area and to provide consulting services to support such redevelopment; and WHEREAS, the Consultant’s investigation and review of the Redevelopment Project Area indicated that the Redevelopment Project Area is blighted and meets the applicable standards for designation as a tax increment financing (“TIF”) district under the Act, and to that 144 end the Consultant has prepared a written report titled “Laurel Avenue TIF Tax Increment Financing Eligibility Findings” (“Eligibility Study”); and WHEREAS, the Consultant also prepared a written report titled “Laurel and Western Avenues Redevelopment Plan and Program,” dated October 31, 2014, which sets forth a comprehensive program for the redevelopment of the Redevelopment Project Area, including the public and private development projects and redevelopment project costs intended to reduce or eliminate blight in the Redevelopment Project Area (the “Redevelopment Plan and Project”); and WHEREAS, copies of the Eligibility Study and the Redevelopment Plan and Project were made available for public inspection as required by the Act; and WHEREAS, copies of the Eligibility Study and the Redevelopment Plan and Project were sent by certified mail to all taxing districts that have taxable property in the proposed Redevelopment Project Area and to the Illinois Department of Commerce and Economic Opportunity; and WHEREAS, notice of the availability of the Eligibility Study and the Redevelopment Plan and Project was sent by regular first-class U.S. mail to all residential addresses located outside the Redevelopment Project Area and within 750 feet of its boundaries and to individuals registered on the interested parties registry for the Redevelopment Project Area, if any; and WHEREAS, pursuant to notice as required by the Act, a Joint Review Board was convened on November 7, 2014; and WHEREAS, at such meeting, the Joint Review Board reviewed the public record, planning documents, and proposed ordinances relating to the Redevelopment Project Area and the Redevelopment Plan and Project, heard comments from members of the public in attendance, 145 and thereafter favorably recommended the designation of the Redevelopment Project Area and adoption of tax increment financing, approval of the Eligibility Study and the Redevelopment Plan and Project, and adoption of proposed ordinances needed to establish the TIF district, as more fully set forth in the written report of the Joint Review Board; and WHEREAS, pursuant to Section 5 of the Act, the Lake Forest Plan Commission held a public hearing on December 10, 2014 (“Public Hearing”) to consider approval of the Redevelopment Plan and Project and designation of the Redevelopment Project Area under the Act; and WHEREAS, due notice with respect to the Public Hearing was given pursuant to the Act, said notice being given: (1) to all taxing districts entitled to said notice and the Illinois Department of Commerce and Economic Opportunity on October 24, 2014; (2) to all residential addresses outside of and within 750 feet of the boundaries of the Redevelopment Project Area by regular first-class U.S. Mail on November 2, 2014; (3) by certified mail to the person or persons in whose name the general taxes for the last preceding year were paid on each lot, block, tract, or parcel of land lying within the Redevelopment Project Area on November 2, 2014, and (4) by publication in a newspaper of general circulation within the taxing districts having property in the Redevelopment Project Area twice during November 2014; and WHEREAS, the City Council has reviewed and considered information, documentation, and studies so as to be generally informed about the conditions of the Redevelopment Project Area and the Redevelopment Plan and Project, including: (1) the Redevelopment Plan and Project and the Eligibility Study for the proposed Redevelopment Project Area; (2) the condition of the Redevelopment Project Area and conditions and factors qualifying such Area for 146 designation as a TIF district under the Act; (3) the report and recommendation of the Joint Review Board; and (4) the testimony and comments made at the Public Hearing; and WHEREAS, the Mayor and City Council have determined that it is in the best interests of the City and its residents to approve the Redevelopment Plan and Project for the Redevelopment Project Area pursuant to Section 4(a) of the Act, as provided in this Ordinance; NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF LAKE FOREST, COUNTY OF LAKE, STATE OF ILLINOIS, as follows: SECTION 1. Recitals. The foregoing recitals are incorporated into this Ordinance as findings of the Mayor and City Council. SECTION 2. Findings of Fact. The Mayor and City Council hereby make the following findings of fact pursuant to Sections 3 and 4(a) of the Act: A. The City has obtained an Eligibility Report addressing the feasibility of establishing the Redevelopment Project Area as a TIF district under the Act in accordance with the requirements of the Act. B. The conditions in the Redevelopment Project Area, including those set forth in the Redevelopment Plan and Project and Eligibility Study, establish that the site is blighted and meets the applicable standards for designation as a TIF District under the Act. C. The parcels of real property in the Redevelopment Project Area are contiguous, and the Redevelopment Project Area includes only those contiguous parcels of real property and improvements thereon that will be substantially benefited by the Redevelopment Plan and Project. 147 D. The Redevelopment Project Area on the whole has not been subject to growth and development through investment by private enterprise and would not be reasonably anticipated to be developed without the adoption of the Redevelopment Plan and Project. E. The Redevelopment Plan and Project conforms to the Comprehensive Plan for the development of the City as a whole. F. The Redevelopment Plan and Project establishes an estimated date for final completion of the Redevelopment Plan and Project that is not later than December 31st of the year in which the payment to the municipal treasurer is to be made with respect to ad valorem taxes levied in the 23rd calendar year after the year in which this Ordinance was adopted. G. The Redevelopment Plan and Project establishes an estimated date for retirement of obligations incurred to finance redevelopment project costs that is not later than December 31st of the year in which the payment to the municipal treasurer is to be made with respect to ad valorem taxes levied in the 23rd calendar year after the year in which this Ordinance was adopted. H. The proposed Redevelopment Project Area would not reasonably be developed or redeveloped without the use of tax incremental revenues. I. The tax incremental revenues will be exclusively utilized for the development of the Redevelopment Project Area and otherwise to the extent allowed by the Act. J. The City certifies that the Redevelopment Plan and Project for the Redevelopment Project Area will not result in the displacement of residents from 10 or more inhabited residential units. 148 K. All other findings and certifications set forth in the Redevelopment Plan and Project are hereby adopted as the findings and certifications of the Mayor and City Council as if fully set forth in this Ordinance. SECTION 3. Approval of the Redevelopment Plan and Project and the Eligibility Report. The Redevelopment Plan and Project and the Eligibility Report for the Redevelopment Project Area, which were the subject matter of the Public Hearing, are hereby adopted and approved. Copies of the Redevelopment Plan and Project and the Eligibility Report are attached hereto as Exhibit C and, by this reference, made a part of this Ordinance. SECTION 4. Partial Invalidity. If any section, paragraph, clause or provision of this Ordinance shall be held invalid, the invalidity thereof shall not affect any other provision of this Ordinance. SECTION 5. Repealer. All Ordinances or parts of Ordinances in conflict herewith are hereby repealed to the extent of such conflict. SECTION 6. Filing of Ordinance. The City Clerk is hereby authorized and directed to cause a certified copy of this Ordinance to be filed in the Office of the Lake County Clerk. SECTION 7. Effective Date. This Ordinance shall be in full force and effect immediately upon its passage, approval, and publication in pamphlet form in the manner provided by law. PASSED by roll call vote this ___ day of January, 2015. AYES: NAYS: ABSENT: ABSTAIN: APPROVED this ___ day of January, 2015. 149 ______________________________ Donald P. Schoenheider, Mayor ATTEST: ________________________________ Margaret Boyer, Deputy City Clerk 150 EXHIBIT A (Legal Description of the Redevelopment Project Area) CITY OF LAKE FOREST, ILLINOIS LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA Legal Description Beginning at the point at southwest corner of Lot 7, Block 301, of the Western Addition to Lake Forest Subdivision, in the Northwest ¼ of the Southwest ¼ of Section 28, Township 44 North, Range 12 East, within the City of Lake Forest, Lake County, Illinois; thence north, running along the western lot line of said Lot 7, approximately 674.3 feet, to the northwest corner of said Lot 7; thence north, 66 feet, to the point of intersection of said western lot line of Lot 7 extended and the northern line of the Franklin Place right-of-way; thence east, 596.6 feet along said northern line of the Franklin Place right-of-way to the intersection of the West line of the Western Avenue right-of-way and said the North line of the Franklin Place right-of-way; thence, east, approximately 67.79 feet, to the point of intersection of a line extending said North line of the Franklin Place right-of-way and the East line of the Western Avenue right-of-way; thence southeast, approximately 822 feet, along the East line of the Western Avenue right-of-way the point of intersection of said East line of the Western Avenue right-of-way and the South line of the East Laurel Avenue right-of-way extended; thence west, approximately 67.79 feet to the point at the intersection of the West Line of the Western Avenue right-of-way and the South Line of the Laurel Avenue right-of-way; thence west, approximately 784.08 feet, along the South line of the East Laurel Avenue to the point of intersection with the west property line of Lot 6, Block 307 of the Western Addition to Lake Forest Subdivision; thence northwest, approximately 67.5 feet across the Laurel Avenue right-of-way to the point of beginning. 151 EXHIBIT B (Map showing the general street location of the Redevelopment Project Area) 152 EXHIBIT C (Redevelopment Plan and Project and Eligibility Report for the Redevelopment Project Area) 153 STATE OF ILLINOIS ) ) ss COUNTY OF LAKE ) CERTIFICATE I, Margaret Boyer, certify that I am the Deputy City Clerk of The City of Lake Forest, Illinois. I further certify that on January ___, 2015, the Corporate Authorities of The City of Lake Forest passed and approved Ordinance No. 2015-___, entitled, AN ORDINANCE APPROVING THE REDEVELOPMENT PLAN AND PROJECT FOR THE LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA A true and correct copy of Ordinance No. 2015 - ___ is attached Dated at Lake Forest, Illinois, this __th day of January, 2015. __________________________ Margaret Boyer, Deputy City Clerk 154 STATE OF ILLINOIS ) ) SS COUNTY OF LAKE ) FILING CERTIFICATE RE: APPROVAL OF PLAN AND PROJECT I, the undersigned, do hereby certify that I am the duly qualified and acting County Clerk of Lake County, Illinois, and as such official I do further certify that on the ____ day of ____________ 2015 there was filed in my office a duly certified copy of an ordinance numbered 2015-___, entitled: AN ORDINANCE APPROVING THE REDEVELOPMENT PLAN AND PROJECT FOR THE LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA duly adopted by City Council of the City of Lake Forest, Lake County, Illinois, on the __th day of January 2015, and that the same has been deposited in the official files and records of my office. IN WITNESS WHEREOF, I hereunto affix my official signature and the seal of said County, this ____ day of ____________ 2015. _______________________________________ County Clerk of Lake County, Illinois [SEAL] 155 156   Laurel and Western  Avenues  Redevelopment Plan and Program     Tax Increment Financing District  City of Lake Forest, Illinois    October 31, 2014     157 2 | Page  Table  of Contents  INTRODUCTION ..................................................................................................................................... 3 Project Background .......................................................................................................................................... 3 Tax Increment Financing ................................................................................................................................ 3 Eligibility of the Proposed TIF District ...................................................................................................... 4 Redevelopment Project Area Description ................................................................................................ 4 Legal Description of the TIF District .......................................................................................................... 6 Redevelopment Plan and Program ............................................................................................................. 6 Purpose of the Redevelopment Plan .......................................................................................................... 7 Redevelopment Plan Objectives .................................................................................................................. 7 Redevelopment Land Use Plan ..................................................................................................................... 7 Development Guidelines ................................................................................................................................ 7 Development Opportunity .......................................................................................................................... 10 Eligible Project Costs .................................................................................................................................... 10 Property Assembly ........................................................................................................................................ 11 Public Improvements ................................................................................................................................... 11 Phasing of Project .......................................................................................................................................... 11 Redevelopment Program Budget and Estimated Project Costs .................................................... 12 Sources of Funds ............................................................................................................................................. 13 Nature and Term of Obligations to be Issued ...................................................................................... 13 Equalized Assessed Valuation ................................................................................................................... 14 Affirmative Action .......................................................................................................................................... 15 Payment in Lieu of Taxes ............................................................................................................................. 15 Provision for Amending the Redevelopment Plan and Program .................................................. 15 Findings of Need for Tax Increment Financing ......................................................................... 15 Project Area Not Subject to Growth ......................................................................................................... 15 Conformance with the Comprehensive Plan of the City of Lake Forest ...................................... 16 Date of Completion ........................................................................................................................................ 16 Certification Regarding Lack of Displacement .................................................................................... 16 Financial Impact of Redevelopment ........................................................................................................ 16 Impact on the County of Lake .................................................................................................................... 17 Impact on the City of Lake Forest ............................................................................................................. 17 Impact on the City of Lake Forest Library ............................................................................................. 17 Impact on School District #67 and #115................................................................................................ 17 Impact on College of Lake County #532 ................................................................................................. 18 North Shore Sanitary District .................................................................................................................... 18 Impact on Lake County Forest Preserve District ................................................................................ 18 Impact on the Township of Shields .......................................................................................................... 18 Appendix A – Eligibility Findings ................................................................................................... 19      158 3 | Page  INTRODUCTION    Project Background  The proposed Project Area for the Laurel Avenue TIF is situated near the heart of the community,  located a block north of Lake Forest’s core downtown area.  From a municipal government perspective,  the Project Area was once considered the center as it formerly housed multiple municipal services and  public works facilities.  In addition, the Project Area was once a significant commercial activity node,  serving as a coal and wood yard in the early 20th century and then an auto dealership in the latter part of  the century.  With most of those municipal services and facilities shifted to a new facility on the western part of the  city and commercial activity lying dormant, the proposed Laurel Avenue TIF is intended to spur  reinvestment into the area to encourage redevelopment that will provide new uses and activities that  will reinvigorate this section of Lake Forest and allow the community to reclaim this important corner.  Tax Increment Financing can be used to make the Laurel Avenue area attractive for redevelopment by  eliminating the conditions which inhibit private investment, weaken the City’s tax base, affect the safety  of community residents, and hinder the City’s ability to promote a cohesive development of compatible  land uses.  Establishing the Laurel Avenue TIF District can help the City meet its community goals by  facilitating physical improvements, removing blighted conditions, and providing funding sources for  improvement projects.  These improvements will not only help improve the physical conditions and  economic development of the Laurel Avenue area, but also enhance the quality‐of‐life in adjacent  neighborhoods and Lake Forest overall.  The Project Area is located north of the downtown area at the northwest corner of Laurel Avenue and  Western Avenue.  In particular, the Project Area has the following general boundaries:  Laurel Avenue  on the south, Western Avenue on the east, Franklin Place on the north, and the western property line of  the former municipal services buildings on the west.  In addition to the former municipal services  buildings, the Project Area was the former home to an auto dealership and a series of residential  structures (of which only one of the six still remains).  Covering approximately 10.6 acres, the Project  Area contains 7 structures (primary and accessory) on 13 parcels which cover a single block.  The 7  structures are located on only 4 of the 13 parcels.  Tax Increment Financing  Tax increment financing is permitted in Illinois under the “Tax Increment Allocation Redevelopment Act”  (Chapter 65 ILCS 5/11‐74.4‐1, et seq.)  of the Illinois Compiled Statutes, as amended (hereinafter the  “Act”).  Only areas which meet certain specifications outlined in the Act are eligible to use this financing  mechanism.  This document has been prepared in accordance with the provisions of the Act in effect  after the effective date of Public Act No. 91‐478, known as the TIF Reform Law.  It shall serve as a guide  to all proposed public and private actions in the Redevelopment Project Area.  Besides describing the  redevelopment objectives, this Redevelopment Area Plan and Program sets forth, in general terms, the  overall program to be undertaken to achieve these objectives.    The Act permits municipalities to improve eligible “conservation” or “blighted” areas in accordance with  an adopted redevelopment plan over a period not to exceed 23 years.  The municipal cost of certain  159 4 | Page  public improvements and programs can be repaid with the revenues generated by increased assessed  values of private real estate within a designated project area.  The key to this financing tool is that  funding does not rely on the taxing power of the municipality alone.  The property taxing power of all  taxing districts with jurisdiction over the land within the project area can be employed to retire the  necessary financial obligations.  This taxing power is only applied to the increase in equalized assessed  valuation generated within the designated project area during the limited term of the Redevelopment  Plan and Program, principally increased equalized assessed valuation from new private development.  Eligibility of the Proposed TIF District  Commencing in March of 2012, a study was undertaken, consistent with the Act and related procedural  guidelines, to determine the eligibility of the proposed redevelopment project area.  The results of the  study indicate that the Project Area meets the Act’s requirements for a “conservation area,” and  “blight” and is eligible to be designated by the City of Lake Forest as a “Tax Increment Financing  Redevelopment Project Area.”  The detailed findings of this study are described in Appendix “A” of this  report.  The Project Area qualifies as a “conservation area” under the Act because at least 50% of the structures  in the Project Area are at least 35 years old and because of the presence of at least three (3) qualifying  conditions.  Within the Project Area, the following seven (7) qualifying conditions are present:   All 7 structures (100%) in the Project Area are more than 35 years old.   Half of the parcels that include at least one structure are functionally obsolete.   Deterioration of structures occurs on all four parcels (100%) that contain structures and  deteriorated surface improvements are apparent on all 13 parcels (100%) of the Project Area.    Excessive vacancies are evidenced by 75% of parcels with structures are vacant.   Community planning is lacking due to the Project Area being developed as early as the 1920’s  which was prior to formal community planning in Lake Forest.   Environmental remediation is required due to the discovery of underground storage tanks,  above‐ground storage tanks, and the existence of a former vehicle repair facility.   Minimal marginal increase in the equalized assessed value (EAV) is a factor because the EAV of  the Project Area declined in 3 of the past 5 years and remained unchanged for a fourth year  (between 2006 – 2007).  Each of these factors, to a meaningful extent, contributes to the eligibility of the Project Area as a  “Conservation Area” and each factor is reasonably distributed throughout the study area.  Redevelopment Project Area Description  The Project Area is located north of the downtown area as the northwest corner of Laurel Avenue and  Western Avenue.  In particular, the Project Area has the following general boundaries:  Laurel Avenue  on the south, Western Avenue on the east, Franklin Place on the north, and the western property line of  the former municipal services buildings on the west.  In addition to the former municipal services  buildings, the Project Area was the former home to an auto dealership and a series of residential  structures (of which only one of the six still remains).  Covering approximately 10.6 acres, the Project  Area contains 7 structures (primary and accessory) on 13 parcels that cover a single block.  The 7  structures are located on only 4 of the 13 parcels.    160 5 | Page    161 6 | Page  Legal Description of the TIF District  The Study area is bounded on the north by the Franklin Place right‐of‐way, on the east by the Western  Avenue right‐of‐way and Union Pacific Railroad, on the south by the Laurel Avenue right‐of‐way, and on  the west by the western boundary of the former City of Lake Forest Municipal Services property and the  eastern lot line of four single family residential properties within the Woodview Acres Subdivision  (numbered as 70 E. Laurel Ave.; 58 E. Laurel Ave; 59 E. Franklin Pl.; and, 63 E. Franklin Pl.).  The legal description of the Project Area is as follows:  Beginning at the point at southwest corner of Lot 7, Block 301, of the Western Addition to Lake Forest  Subdivision, in the Northwest ¼ of the Southwest ¼ of Section 28, Township 44 North, Range 12 East,  within the City of Lake Forest, Lake County, Illinois; thence north, running along the western lot line of  said Lot 7, approximately 674.3 feet, to the northwest corner of said Lot 7; thence north, 66 feet, to the  point of intersection of said western lot line of Lot 7 extended and the northern line of the Franklin Place  right‐of‐way; thence east, 596.6 feet along said northern line of the Franklin Place right‐of‐way to the  intersection of the West line of the Western Avenue right‐of‐way and said the North line of the Franklin  Place right‐of‐way; thence, east, approximately 67.79 feet, to the point of intersection of a line  extending said North line of the Franklin Place right‐of‐way and the East line of the Western Avenue  right‐of‐way; thence southeast, approximately 822 feet, along the East line of the Western Avenue right‐ of‐way the point of intersection of said East line of the Western Avenue right‐of‐way and the South line  of the East Laurel Avenue right‐of‐way extended; thence west, approximately 67.79 feet to the point at  the intersection of the West Line of the Western Avenue right‐of‐way and the South Line of the Laurel  Avenue right‐of‐way; thence west, approximately 784.08 feet, along the South line of the East Laurel  Avenue to the point of intersection with the west property line of Lot 6, Block 307 of the Western  Addition to Lake Forest Subdivision; thence northwest, approximately 67.5 feet across the Laurel  Avenue right‐of‐way to the point of beginning.  Redevelopment Plan and Program  The revitalization of the Redevelopment Project Area is a large and complex undertaking that presents  many challenges and opportunities for the City.  The success of this effort will depend on the  cooperation between the private sector and the local government.  Public and private development  efforts have not, as yet, been able to stimulate the comprehensive revitalization of the designated  Project Area.  The adoption of the Redevelopment Area Plan and Program will aid in the implementation  of the goals and objectives identified in the City of Lake Forest’s 1998 Comprehensive Plan (hereinafter  the “Comprehensive Plan”) and will stimulate redevelopment and rehabilitation in this area which  otherwise could not be reasonably developed without the adoption of this Plan and Program.  Through  public investment, the Project Area and its surrounding will become an environment and setting that  will attract private investment.  The Act describes the Redevelopment Plan as “the comprehensive program of the municipality for  development or redevelopment intended by the payment of the redevelopment project costs to reduce  or eliminate those conditions, the existence of which qualified the redevelopment project area as a  blighted area or conservation area, … and thereby serves to enhance the tax bases of the taxing districts  which extend into the redevelopment project area.”  The successful implementation of the Redevelopment Area Plan and Program requires that the City take  full advantage of the real estate tax increment attributed to the Project Area as provided for by the Act.   162 7 | Page  The Redevelopment Area would not reasonably be developed and improved without the use of such  incremental revenues.  Purpose of the Redevelopment Plan  Pursuant to the “Tax Increment Allocation Redevelopment Act,” the purpose of a Redevelopment Plan  and Program is to promote the health, safety, morals, and welfare of the general public by:  1. Eradicating blighting conditions and instituting conservation measures;  2. Removing and alleviating adverse conditions by encouraging private investment of underutilized  and vacant properties which will strengthen the economy, tax base, business environment, and  living environment;  3. Improving existing public utilities within the area; and by  4. Enhancing the overall quality of the City of Lake Forest.  Redevelopment Plan Objectives  The goals and objectives of the Redevelopment Plan are both those articulated in the Illinois Tax  Allocation Redevelopment Act and consistent with those identified in the Comprehensive Plan. The  Comprehensive Plan adopted in 1998 includes Goals and Objectives for residential character and  development:  i) “Provide a land use pattern that takes into consideration the need fro transitional zoning  and is sensitive to unique land characteristics.”  ii) “Maintain high standards in all new development and rehabilitation including infill  developments, giving special consideration to the unique character of each area of the City.”  The Comprehensive Plan focuses on development of two general areas, new development (primarily in  the northwestern portion of the City) and infill development, of which the study area is specifically  identified as a Transitional Zone (“…buffer areas between different land uses and / or densities.  Additionally, these areas that may be subject to redevelopment”).  Redevelopment Land Use Plan  The aim of the Redevelopment Plan is the revitalization of the Project Area as a vibrant, predominantly  residential area that contributes to the health and vitality of the City of Lake Forest, and strengthens the  demand for goods and services within the adjacent central business district.  The recommended land  uses, redevelopment opportunities, and public improvements of this Redevelopment Plan are  anticipated and consistent with the Comprehensive Plan.  Development Guidelines  The City of Lake Forest Planning Commission, in anticipation of this Redevelopment Plan and Program,  adopted design guidelines intended to assure that the redevelopment of the site achieved City  objectives and would be compatible with surrounding properties. These goals were accepted by the  Lake Forest City Council and used as part of the invitation and evaluation of private developer  qualifications and eventually, redevelopment proposals for the site.  The Guidelines state:  Land Use Parameters  1.  The use of the 10.6 acre parcel is envisioned as primarily residential.  Consideration of various  housing unit types, at various price points and both ownership and rental products are encouraged.    2.  If proposed, non‐residential uses should:    163 8 | Page   Generally be located within the portion of property zoned B‐2.   Be well integrated into the overall development and serve as an amenity or additive use to the  development, surrounding neighborhood and overall business district.   Any non‐residential use generating regular customer traffic should generally be oriented and  accessed from Western Avenue.   3.  Developer creativity and market responsiveness is encouraged with the knowledge that the City will  evaluate each proposal for compatibility and sensitivity to the surrounding neighborhoods, the business  district and the overall character of the community.  High quality architectural design, quality materials,  site layout, landscaping and amenities are expected to create a development that strengthens and  diversifies the housing choices available within the City.      Density and Open Space Parameters  4.  Density should not exceed permitted densities in surrounding residential developments.  In all cases,  the appearance of density should be mitigated through a site plan and building design that incorporates  various techniques used in combination including, but not limited to:  siting and orientation of buildings,  setbacks, transition areas, open space, articulated building massing and selection of architectural styles  that minimize the appearance of mass.    5.  The requirements of the City’s Inclusionary Housing Ordinance must be met through incorporation of  affordable and moderately priced units, as defined in the City Code, on the site.      6.  Building heights at the perimeters of the site may be consistent with the height of the surrounding  residential uses.  Buildings up to four stories above grade, including parking if applicable, may be  permitted internal to the site and along Western Avenue in cases where building design is consistent  with the architectural style selected by the developer and the appearance of mass and height is  mitigated by a strong land plan as noted in Parameter #4.    7.  Consideration will be given to architectural elements, but no useable floor area, that rise above a  four story massing in the interest of achieving a high quality architectural design and adequate visual  and acoustical screening for any roof top elements.        8.  A minimum of 30% open space should be provided on the site.  The open space calculation excludes  parking lots, driveways, parking lot islands and public or private rights‐of‐way but may include open  space surrounding the oak tree and Franklin Park, or any portion of the park, if it is retained as part of  the development plan.  Streets and Access Parameters  9.  Development should be designed to integrate with the surrounding neighborhoods.      10.  Sufficient emergency ingress/egress to both the new development and existing development in the  surrounding area must be provided.        11.  Consideration should be given to the benefits of widening a portion of Franklin Place and providing  an opportunity for additional on street parking for the existing residential development to the north.  Parking Parameters  12.  Adequate on‐site parking should be provided for all residents, employees, visitors, service providers  and customers associated with the new development.        164 9 | Page  13.  In planning for adequate parking on the site, consideration should be given to parking alternatives  that maximize the amount of open space.  Use of covered parking is encouraged to meet all required  parking standards on the site.             14.  The provision of additional on‐street, public parking on Western and/or Laurel Avenues should be  explored during consideration of a unified development for the site to address existing parking  shortages in the area.  On street parking on Laurel Avenue should not extend beyond the existing  commercial development on the south side of Laurel Avenue into the residential area.   Preservation of Existing Landscape Elements   15. Preserve the existing oak tree to the south of the former Municipal Services building and ensure  adequate open space around the tree to support its continued viability.  16.  If Franklin Park is not preserved, provide an area for public use that is equal to or larger than the  area now known as Franklin Park.            Site Amenities Parameters  17. The development should be pedestrian friendly and should provide amenities not only to the  residents of the new development, but also to residents in adjacent residential neighborhoods.  The  following amenities are encouraged:   Pocket parks that provide passive recreational opportunities, landscape features and open  space.   Pedestrian connections around and through the development.   Pedestrian friendly streetscapes with set back sidewalks   Lighting consistent with Lake Forest standards for both streets and pedestrian walkways  designed to address pedestrian and vehicle safety while at the same time respecting the “right  to night” and the historic lower lighting levels of Lake Forest.  Setback Parameter  18. Reflect the applicable zoning setbacks for the site and the traditional character of Lake Forest  neighborhoods and streetscapes in the land plan.  Variances from the required setbacks may be granted  by the City if it is demonstrated that as a result, the overall plan is enhanced.    Development Approval Process  19. Once a developer is selected by the City Council, consideration of the detailed land plan and  buildings will be processed through the normal public hearing processes before the Plan Commission  and Building Review Board only after close coordination through the design development process with  the City’s consultant and City staff from various departments.  20. The City intends to work with the selected developer through the entitlement process to assure that  a high quality project, guided by these development parameters, is approved in a timely manner and  further to coordinate with the selected developer to establish a timeline and approach to build‐out of  the site that provides certainty and balances the interests of all affected parties to the extent possible.    Any deviation from the design guidelines or from the zoning or other City development standards as  approved by the Plan Commission or City Council, which may or may not include the components above  does not constitute a change to this Plan and shall be deemed consistent with and part of this Plan.  165 10 | Page  Development Opportunity  The 10.6 acre development opportunity site is located between Laurel Avenue and Franklin Place along  Western Avenue in downtown Lake Forest.  The site is positioned well for a mix of housing options that  will attract young professionals, emerging families, and empty nesters seeking proximity to the Metra  line and walkable downtown, and existing Lake Forest residents interested in downsizing their current  lifestyle. The site will replace a current transitional zone between the downtown core and residential  neighborhoods.    Eligible Project Costs  Redevelopment project costs mean and include the sum of all reasonable or necessary costs incurred or  estimated to be incurred, and any such costs incidental to a redevelopment plan and a redevelopment  project, as allowed by Statute.  Such costs may include, without limitation, the following:  1. Costs of studies, surveys, development of plans, and specifications, implementation and  administration of the Redevelopment Plan including but not limited to staff and professional  service costs for architectural, engineering, legal, financial, planning or other services.  2. The cost of marketing sites within the Project Area to prospective businesses, developers, and  investors.  3. Property assembly costs including, but not limited to, acquisition of land and other property,  real or personal, or rights or interests therein, demolition of buildings, site preparation and site  improvements that serve as an engineered barrier addressing ground level or below ground  environmental contamination, including, but not limited to parking lots and other concrete or  asphalt barriers, and the clearing and grading of land.  4. Costs of rehabilitation, reconstruction, repair, or remodeling of existing private or public  buildings, fixtures, and leasehold improvements; and the cost of replacing an existing public  building if pursuant to the implementation of a redevelopment project the existing public  building is to be demolished to use the site for private investment or devoted to a different use  requiring private investment.  5. Costs of the construction of public works or improvements.  6. Financing costs, including but not limited to, all necessary and incidental expenses related to the  issuance of obligations and which may include payment of interest on any obligations issued  under the Act accruing during the estimated period of construction of any redevelopment  project for which such obligations are issued, and not exceeding 36 months thereafter and  including reasonable reserves related thereto.  7. To the extent the City by written agreement accepts and approves the same, all or a portion of a  taxing district’s capital costs resulting from the Redevelopment Project necessarily incurred or to  be incurred within a taxing district in furtherance of the objectives of the Redevelopment Plan.  8. An elementary, secondary, or unit school district’s increased costs attributable to assisted  housing units as provided in the Act.  9. A library district’s increased costs attributable to assisted housing units as provided in the Act.  10. Relocation costs to the extent that the City determines that relocation costs shall be paid or is  required to make payment of relocation costs by Federal or State law.  11. Payment in lieu of taxes.  12. Interest cost incurred by a redeveloper related to the construction, renovation or rehabilitation  of a redevelopment project, as provided by the Act.  166 11 | Page  Property Assembly  Per the TIF Act, property acquired by a municipality may be assembled into redevelopment sites.  These  properties may be sold or leased by said municipality to other public bodies or to private developers, in  whole or in part.  Site assembly also includes the cost of demolition of buildings, site preparation, site  improvements, environmental hazard mitigation, sub‐surface structural and environmental barriers, and  clearing and grading of land in preparation for construction of buildings or structures.  With respect to  the Project Area, it is not anticipated that effective redevelopment can be accomplished in a piecemeal  fashion, nor would such piecemeal redevelopment be desirable.  As a result, the entirety of the Project  Area should be included in a single, comprehensive redevelopment program.  Public Improvements  The City of Lake Forest will provide public improvements in the Project Area to facilitate redevelopment,  support the Redevelopment Plan, and to serve the needs of Lake Forest residents, property and  business owners.  Appropriate public improvements may include but are not limited to, the following:  1. Stormwater management improvements, including but not limited to creating or improving  stormwater detention facilities, storm sewers, curbs and gutters;  2. Removal, resurfacing, widening, reconstruction, signalization, and other improvements to rights‐of‐ way, streets, sidewalks, and pathways;  3. Pedestrian safety enhancements, including in‐pavement mid‐block crosswalks and lighting and  storm sewer modifications;  4. Development of or improvements to public open space;  5. Construction, reconstruction or improvement of on‐street and off‐street public parking facilities and  structures;  6. Improvement of public utilities such as storm‐water and sanitary sewers and water lines;  7. Demolition and rehabilitation of obsolete structures;  8. Beautification improvements, including streetscape (sidewalk/brick pavers), lighting, signage, and  landscaping within the Project Area;  9. Roadway improvements, including reconstruction, pavement and storm sewer improvements; and  10. Grants or loans to private property owners for eligible property improvements, including building  rehabilitation, façade restoration or site enhancements.  The City of Lake Forest and individual developers and/or property owners, pursuant to an agreement  between the parties, may share the costs associated with these improvements.  The City may determine  at a later date that certain listed improvements are no longer needed or are appropriate and may  remove them from the list, or may add new improvements to the list that are consistent with the  objectives of this Redevelopment Plan.  Phasing of Project  Once the Tax Increment District is formed, the City of Lake Forest may enter into redevelopment  agreements with one or more developers to whom property may be sold or otherwise conveyed for  private development.  Site Assembly, site preparation and certain public improvements may be  conducted in advance or coincident with private improvement and development.  Given the scale of the  site, and the diversity of building types/housing types anticipated in the redevelopment plan and  development guidelines, it is likely that construction of private improvements will occur in more than  one phase.  The City will seek to assure a continuity of phases so as to contribute to the long term  marketability, value, quality and compatibility to the surrounding community.  167 12 | Page  Redevelopment Program Budget and Estimated Project Costs  Expense Categories Amount (1) Costs of Studies, Surveys, Development Plans, Implementation and administration  of the Redevelopment Plan  $500,000 (2) Property Assembly, Acquisition of land and other property, Demolition of buildings,  Environmental Mitigation, Site preparation and site improvements  $7,950,000 (3) Rehabilitation, Reconstruction, Repair, or Remodeling of Existing Public or Private  Buildings and Fixtures  $1,000 (4) Costs of the Construction of Public Works or Improvements $2,150,000 (6) Financing costs, Including Expenses for Issuance of Obligations, Interest, Capitalized  interest, and other financing fees and expenses  $7,000,000 (7) Other Taxing Jurisdiction’s Capital Costs resulting from TIF $5,000 (7.5) School District Increased Cost Due to Additional Students $12,665,000 (7.7) Library District Increased Cost Due to Additional Patrons resulting from TIF $635,000 (8) Relocation costs to the extent that the City determines that relocation costs shall be  paid or is required to make payment of relocation costs by Federal or State law.  $125,000 (11) Interest cost incurred by a redeveloper related to the construction, renovation or  rehabilitation of a redevelopment project, as provided by the Act.  $250,000 Total Estimated Project Costs $31,281,000.00 Notes:  (1) Over the lifetime of the TIF, redevelopment project costs may fluctuate and necessitate a change to individual line items;  however, such changes will not result in an increase of the total estimated project costs.  Such modifications may be made  without further amendment to this Plan so long as there is not an overall increase in the total estimated project costs.  (2) Total redevelopment project costs may include financing costs, including interest expenses, capitalized interest, and costs  associated with optional redemptions in addition to those projected in (6) above.  These costs are subject to prevailing  market conditions and are in addition to the total project costs.  (3) Total redevelopment project costs may include School District and Library District Increased Costs as defined and required  by The Act in addition to those projected in (7) through (7.7) above. The project costs in 7.5 and 7.7 are projections based  on the estimated number of students and library patrons resulting from redevelopment, and on projections of School  District per student and Library District per patron expenditures in future years. These costs are subject to increases  resulting from decisions of those Districts and market conditions and are in addition to the total project costs.  (4) Total project costs are inclusive of redevelopment project costs in contiguous Project Areas or those separated by only a  public right‐of‐way that are permitted under the Act to be paid from incremental property taxes generated in the Project  Area, but do not include redevelopment project costs incurred in the Project Area which are paid from incremental  property taxes generated in contiguous Project Areas or those separated only by a public right‐of‐way.  The amount of  revenue from the Project Area made available to support such contiguous Project Areas, or those separated only by a  public right‐of‐way, when added to all amounts used to pay eligible redevelopment project costs within the Project Area,  shall not at any time exceed the total redevelopment project costs described in the Redevelopment Plan.  (5) Public improvements may also include capital costs of taxing districts and other costs allowable under the Act.  Specifically,  public improvements as identified in the Redevelopment Plan and as allowable under the Act may be made to property  and facilities owned or operated by the City or other public entities.  As provided in the Act, Redevelopment Project Costs  may include, to the extent the City by written agreement accepts and approves the same, all or a portion of a taxing  district’s capital costs resulting from the redevelopment project necessarily incurred or to be incurred within a taxing  district in furtherance of the objectives of the Redevelopment Plan.  (6) The City reserves the right to move amounts among the eligible cost categories.  The table above represents a listing of  costs associated with the Area over the life of the Area.  (7) All costs are shown in 2014 dollars and may be increased by five percent (5%) in addition to adjustments for inflation  reflected in the Consumer Price Index (“CPI”) for All Urban Consumers for All Items for the Chicago‐Gary‐Kenosha, IL‐IN‐WI  CMSA, published by the U.S. Department of Labor  168 13 | Page  Sources of Funds  The Act provides a way for municipalities to finance public redevelopment costs with incremental real  estate tax revenues.  Incremental tax revenue is derived from the increase in the current equalized  assessed valuation (EAV) of real property within the Project Area over and above the certified initial EAV  of the real property.  Any increase in EAV is then multiplied by the current tax rate, resulting in the tax  increment revenue.  Funds necessary to pay redevelopment project costs may be derived from a number of authorized  sources.  These may include, but are not limited to, the following:  1. Real property tax increment revenues from the Project Area;  2. Interest earned on temporary investments;  3. Gifts, grants, and contributions;  4. Bond proceeds;  5. Sale or lease of land proceeds;  6. User fees;  7. Municipal sales taxes; and  8. The City’s general revenue fund.  The principal source of funds will be the incremental increase in real property tax attributable to the  increase in the equalized assessed value of each taxable lot, block, tract or parcel of real property in the  Project Area over the initial equalized assessed value of each such lot, block, tract or parcel.  It is  estimated that the incremental increase in equalized assessed value over the term of the TIF District will  be $30,500,000, resulting in total incremental TIF revenues exceeding $30,000,000 available to pay or  retire TIF obligations. There may be other eligible local sources of revenue that the City determines are  appropriate to allocate to the payment of redevelopment project costs.  In the event that adequate funds are not available as anticipated from aforementioned sources, the City  may utilize its taxing power to sustain the redevelopment projects or repay obligations issued in  connection therewith, to be reimbursed over time, if possible, from tax increment revenues.  Nature and Term of Obligations to be Issued  The financial plan of this Redevelopment Plan is intended to establish a conservative public expenditure  approach.  Revenues will be accumulated in the special tax allocation fund to pay for public purpose  expenditures identified in this Redevelopment Plan; whenever practical, expenditures will be made on a  cash basis.  This method of financing shall not preclude the City from undertaking initiatives designed to  stimulate appropriate private investment in the Project Area.  Certain redevelopment projects may be of such a scale or on such a timetable as to preclude financing  on a cash basis.  These projects may be funded by the use of tax increment revenue obligations issued  pursuant to the Act for a term not to exceed twenty (20) years.  Consistent with the conservative nature  of the financial plan for this Redevelopment Program, the highest priority for the issuance of tax  increment revenue obligations shall occur when the commitment is in place for private sector  investment necessary to fund the amortization of such obligations.  All obligations are to be covered after issuance by projected and actual tax increment revenues and by  such debt service reserved and sinking funds as may be provided by ordinance.  Tax increment revenues  not required for the retirement of obligations providing for reserves, sinking funds, reimbursement of  169 14 | Page  non‐TIF funding sources advanced by the City to sustain the redevelopment projects or repay  obligations, and anticipated redevelopment project costs may be declared surplus and become available  for distribution annually to the taxing districts in the Project Area.  One or more issues of obligations may be sold at one or more times in order to implement this plan, as  now or hereafter amended, in accordance with law.  Obligations, now or in the future, can be issued as  senior, junior or parity obligations.  The City may, by ordinance, in addition to obligations secured by the special tax allocation fund provided  by law, pledge for a period not greater than the term of the obligations any part or any combination of  the following:   Net revenues of all or part of a Redevelopment Project;   Taxes levied and collected on any or all property in the municipality;   The full faith and credit of the municipality;   A mortgage on part or all of a Redevelopment Project; and   Any other taxes or anticipated receipts that the municipality may lawfully pledge.  Equalized Assessed Valuation  Table 1 lists the most recent (2013) equalized assessed valuation of properties in the Project Area by  individual property tax identification (pin) number.  The total 2013 equalized assessed valuation of the  Project Area is $96,630.  Table 1:  Equalized Assessed Values   PIN Exempt Land Building Total Equalizer EAV  1 12283010140000 Exempt     2 12283010150000 Exempt     3 12283010160000 Exempt     4 12283010170000 Exempt     5 12283010180000 Exempt     6 12283010190000  $50,707 $45,923 $96,630 1.0000 $96,630 7 12283010200000 Exempt     8 12283010210000 Exempt     9 12283010220000 Exempt     10 12283010230000 Exempt     11 12283010240000 Exempt     12 12283010260000 Exempt     13 12283010270000 Exempt       Total all PINs    $96,630   Upon the completion of anticipated redevelopment projects it is estimated that the equalized assessed  valuation of real property within the Project Area will be in excess of $30,500,000.  This represents an  approximate 30,500% increase in the total equalized assessed valuation.  This figure is based upon  estimates of value for the anticipated redevelopment projects described in the Redevelopment Project  Plan section of this report.  170 15 | Page  Affirmative Action  The City of Lake Forest will require each private developer entering into an agreement with the City, in  connection with development in the Project Area, to utilize fair employment practices, including an  affirmative action program.  Payment in Lieu of Taxes  No payments in lieu of taxes are anticipated as part of the Redevelopment Plan and Program.  Provision for Amending the Redevelopment Plan and Program  The Redevelopment Plan and Program may be amended pursuant to provisions of the Act.  Findings of Need for  Tax  Increment Financing  On the basis of the Laurel Avenue TIF Eligibility Study and this Redevelopment Plan and Program, the  City of Lake Forest, Illinois, can adopt the following findings pursuant to Section 11‐74.4‐3(n) of the Act.  Project Area Not Subject to Growth  The Project Area on the whole has not been subject to appropriate growth and redevelopment through  investment by private enterprise, and would not reasonably be anticipated to be developed consistent  with City policies without adoption of this Redevelopment Plan.  This finding is supported by the  following additional findings:  1.  The City finds that the Project Area on a whole has not achieved the type and extent of growth  and redevelopment through investment by private enterprise as desired and planned by the  City, based on the physical condition and the lag in growth in property values as follows:  a. As described in the Eligibility Study the present condition, mix of land uses, and  configuration of parcels inhibits redevelopment potential, and negatively impacts  properties within and near the Project Area.  In particular, the Eligibility Study identifies  the deterioration both of buildings and surface improvements due to a lack of adequate  maintenance of properties and excessive vacancies.  This is a direct consequence of a  lack of investment in the Project Area which has resulted in large parcels remaining  either under‐utilized or vacant.  While each individual property may not be  deteriorated, the Project Area as a whole is characterized by a reasonable extent and  meaningful distribution of this lack of investment.  b. The total Equalized Assessed Value (EAV) of the Project Area has declined in three (3) of  the past five (5) years and has also lagged that of the balance of the City in four (4) of  the last five (5) years.  The Project Area has also not experienced appropriate growth in  the tax base or show evidence of significant private investment, which increases the  value of properties.    2. The City finds that the Project Area would not reasonably be anticipated to be developed  without adoption of this Redevelopment Plan.  This conclusion is based, in part, on the physical  conditions of the existing property improvements, the presence of environmental contaminants,  and the presence of unconsolidated fill below grade, each of which require substantial  remediation.  Therefore, the City of Lake Forest finds that the Project Area is not subject to appropriate growth and  development, and is not reasonably anticipated to be developed without adoption of this  Redevelopment Plan.  171 16 | Page  Conformance with the Comprehensive Plan of the City of Lake Forest  The Comprehensive Plan anticipates and supports the redevelopment of the study area, an area  identified in the Comprehensive Plan as “1.5 Area to the West of the Western Avenue‐Laurel Avenue  Intersection”   The Plan describes current conditions of the area, including the following:  “The land use designation for this parcel as specified in the [pre‐existing] 1989 Comprehensive  Plan, including a mix of service, commercial and public‐private institutional uses.  In 1995, the  three major users within the study area were, Blanchards, Knauz Motors and the Municipal  Services Building”. [Currently, in 2014, each of these three major users has vacated the  property.] …”The parcels mentioned above have been identified because they are likely to be  subject to redevelopment in the near future and because their location between six land use  classifications, including the Central Business District to the south and residential districts to the  north, east and southwest, forms a natural transitional zone.”  “Therefore, multifamily residential units, with a mix of retail and /or office uses limited to the  frontage on Western Avenue, should be designated for the parcels north and south of Laurel  Avenue. “   This redevelopment plan and program are consistent with and conform to the Comprehensive Plan of  the City of Lake Forest.  Date of Completion  The estimated year of completion of the redevelopment projects is the year 2037 (23 years from the  date of adoption of the original Laurel Avenue TIF District ordinance approving the Redevelopment Plan  and Program in 2015).  Certification Regarding Lack of Displacement  Only one existing residence will be displaced by this plan. The City hereby certifies that no displacement  of 10 or more residential units will result from the plan.  Financial Impact of Redevelopment  Without the adoption of the Redevelopment Plan and Program, development and redevelopment  projects within the Project Area are not reasonably expected to be undertaken by private enterprise.  In  the absence of City‐sponsored redevelopment, there is a prospect that the factors qualifying this area as  a conservation and blighted area will continue to exist and may spread, and that the Project Area along  with adjacent properties will become less attractive for maintaining and improving existing buildings and  sites.  Erosion of the assessed valuation of property in and outside of the Project Area has already  occurred, and could lead to further reductions of real estate tax revenue to all taxing districts.  Implementation of the Redevelopment Plan and Program is expected to have significant short and long‐ term positive financial impacts on the taxing districts affected by this Redevelopment Plan.  In the short  term, the City’s effective use of tax increment financing can be expected to arrest the ongoing decline of  existing assessed values in the Project Area, thereby stabilizing the existing tax base for local taxing  agencies.  In the long term, after the completion of all redevelopment improvements and activities, the  completion of redevelopment projects and the payment of all redevelopment project costs and  municipal obligations, the taxing districts will benefit from any enhanced tax base which results from the  increase in equalized assessed valuation by the Redevelopment Plan and Program.  172 17 | Page  The following taxing districts cover the proposed Project Area:   County of Lake   City of Lake Forest   City of Lake Forest Library   Lake Forest School District #67   College of Lake County #532   Lake Forest High School District #115   North Shore Sanitary District   Lake County Forest Preserve District   Township of Shields  Impact on the County of Lake  Residential development is encouraged by this Redevelopment Plan, and some of the potential new  residents may take advantage of programs offered by the County.  However, it is likely that many of  these residents already live in the County, and the increase in demand for services from or financial  impact upon the County will be marginal.  Therefore, no redevelopment projects or direct mitigations  are set forth in the Redevelopment Plan.  Impact on the City of Lake Forest  As a result of new development in the Project Area, the City of Lake Forest may experience increased  demand for services such as administrative, police, library and fire protection.  When compared to the  population of the City, this represent a small marginal increase in residents and new development such  that the demand should not be so substantial on its own to warrant the hiring of additional employees  or capital expenditures.  Therefore, no redevelopment projects or direct mitigations are set forth in the  Redevelopment Plan.  Impact on the City of Lake Forest Library  The increased demands for services provided by the City of Lake Forest Library system resulting from the  anticipated redevelopment should receive minimal impacts, as the potential population increase would  only account for a small percentage of the total population of the District.  Therefore, no redevelopment  projects or direct mitigations are set forth in the Redevelopment Plan.  To address the potential impact  to the Library, the TIF Act under subsection (q) “Redevelopment Project Costs”, subsection (7.7) requires  that if a redevelopment project results in increased number of patrons the increased costs to the Library  shall be paid, from the TIF fund, the increase cost in accordance with the method described in the Act.     Impact on School District #67 and #115  New residential development is recommended in this Redevelopment Plan, consistent with earlier City  plans for the downtown area.  Due to anticipated types of multiple family units, dwelling unit sizes, the  anticipated school‐age population, the impact on School District #67 and #115 is estimated to represent  only a small or marginal increase in student population of the District as a whole.  School District #67  may see an additional 23 students and School District 115 may see an additional 9 students resulting  from the development.  To address the potential impact on SD #67 and #115, the TIF Act under  subsection (q) “Redevelopment Project Costs”, subsection (7.5) requires that if a redevelopment project  results in increased attendance from a project that has received TIF assistance, SD #67 and #115 shall be  paid, from the TIF fund, the increase cost in accordance with the method described in the Act.    173 18 | Page  Therefore, no additional redevelopment projects or direct mitigations are set forth in the  Redevelopment Plan.  Impact on College of Lake County #532  Residential development is encouraged by this Redevelopment Plan, and some of the potential new  residents may take advantage of programs offered by the County.  However, it is likely that many of  these residents already live in the County, and the increase in demand for services from or financial  impact upon the County will be marginal.  Therefore, no redevelopment projects or direct mitigations  are set forth in the Redevelopment Plan.  North Shore Sanitary District  The North Shore Sanitary District is responsible for providing sanitary sewer service for the City of Lake  Forest Project Area.  The District’s mandate is to provide sewer collection, conveyance, and treatment of  sanitary waste.  As the Redevelopment Project Area is largely developed, any increase in sewer services  will be minimal, and programs offered by the District will not experience increased demand for services.   Therefore, there will be no direct impact from new development on the North Shore Sanitary District,  and no direct mitigations are set forth in the Redevelopment Plan.   Impact on Lake County Forest Preserve District  Residential redevelopment is encouraged in the Project Area.  Some of the residents of these new  dwellings may seek recreational opportunities in Forest Preserve Facilities.  The impact on the Forest  Preserve will be incidental as it is likely that most of these residents already reside in the jurisdiction of  the Forest Preserve; this increase in population represents only a small percentage of the total  population served.  Therefore, no redevelopment projects or direct mitigations are set forth in the  Redevelopment Plan.  Impact on the Township of Shields  Shields Township provides services such as mosquito abatement, and limited social services.  New  residential development as recommended in the Redevelopment Project Area represents only a small  portion of the population serviced by Shields Township, thus the expansion of township services is not  anticipated to be required to serve new residents.  Therefore, there will be no direct impact from new  development on the Downers Grove Township, and no direct mitigations are set forth in the  Redevelopment Plan.       174 19 | Page  Appendix A – Eligibility Findings 175 Laurel Avenue TIF TAX INCREMENT FINANCING ELIGIBILITY FINDINGS City of Lake Forest, Illinois UPDATE October 31, 2014 Prepared by Teska Associates, Inc. 176 TABLE OF CONTENTS Introduction .................................................................................................................................. 1 Tax Increment Financing ............................................................................................................... 2 Description of the Project Area ..................................................................................................... 3 Existing Conditions ........................................................................................................................ 3 Eligibility Findings .......................................................................................................................... 4 Age of Structures ................................................................................................................ 4 Dilapidation ....................................................................................................................... 5 Obsolescence ..................................................................................................................... 5 Deterioration ...................................................................................................................... 6 Presence of Structures Below Minimum Code Standards ..................................................... 7 Illegal Use of Individual Structures ...................................................................................... 7 Excessive Vacancies ........................................................................................................... 8 Lack of Ventilation, Light, or Sanitary Facilities ................................................................... 8 Inadequate Utilities ............................................................................................................ 9 Excessive Land Coverage and Overcrowding of Structures .................................................. 9 Deleterious Land Use or Layout ........................................................................................ 10 Lack of Community Planning ............................................................................................ 10 Environmental Remediation Cost Impeding Development ................................................ 10 Decline or Minimal Marginal Increase in the Equalized Assessed Value ............................ 12 Conclusion ................................................................................................................................... 13 FIGURES (TO BE PROVIDED) 1. Project Area Boundary Map ........................................................................................ 14 2. TIF Eligibility Criteria .................................................................................................. 15 3. Existing Land Use ....................................................................................................... 16 177 Laurel Avenue TIF Eligibility Findings | Prepared by Teska Associates, Inc. | October 31, 2014 1 INTRODUCTION The proposed Project Area for the Laurel Avenue TIF is situated near the heart of the community, located a block north of Lake Forest’s core downtown area. From a municipal government perspective, the Project Area was once considered the center as it formerly housed multiple municipal services and public works facilities. In addition, the Project Area was once a significant commercial activity node, serving as a coal and wood yard in the early 20th century and then an auto dealership in the latter part of the century. With most of those municipal services and facilities shifted to a new facility on the western part of the city and commercial activity lying dormant for now, the proposed Laurel Avenue TIF is intended to spur reinvestment into the area to encourage redevelopment that will provide new uses and activities that will reinvigorate this section of Lake Forest and allow the community to reclaim this important corner. Tax Increment Financing can be used to make the Laurel Avenue area attractive for redevelopment by eliminating the conditions which inhibit private investment, weaken the City’s tax base, affect the safety of community residents, and hinder the City’s ability to promote a cohesive development of compatible land uses. Establishing the Laurel Avenue TIF District can help the City meet its community development goals by facilitating physical improvements, removing blighted conditions, and providing funding sources for improvement projects, both physical (redevelopment, for example) and social (job training, for example). These improvements will not only help improve the physical conditions and economic development of the Laurel Avenue area, but also enhance the quality-of-life in adjacent neighborhoods and Lake Forest overall. 178 Laurel Avenue TIF Eligibility Findings | Prepared by Teska Associates, Inc. | October 31, 2014 2 TAX INCREMENT FINANCING The Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11 - 74.4 - 1, et seq., as amended (the “Act”), stipulates specific procedures which must be adhered to in determining the eligibility of a Project Area. A Redevelopment Project Area is defined as: “..an area designated by the municipality, which is not less in the aggregate than 1 ½ acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area, or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas” (65 ILCS 5/11-74.4-3(p)). Section 5/11-74.4-3(a) defines a “conservation area” as: “...any improved area within the boundaries of a Redevelopment Project Area located within the territorial limits of the municipality in which 50% or more of the structures in the area have an age of 35 years or more. Such an area is not yet a blighted area, but because of a combination of three or more of the following factors is detrimental to the public safety, health, morals, or welfare and such an area may become a blighted area: dilapidation; obsolescence; deterioration; presence of structures below minimum code standards; illegal use of individual structures; excessive vacancies; lack of ventilation, light, or sanitary facilities; inadequate utilities; excessive land coverage and overcrowding of structures and community facilities; deleterious land use or layout; lack of community planning; need for environmental remediation; or declining total equalized assessed value.” Determination of eligibility of the Laurel Avenue TIF Redevelopment Project Area for tax increment financing is based on a comparison of data gathered through field observations by Teska Associates, Inc. (Teska), document and archival research, and information provided by the City of Lake Forest against the eligibility criteria set forth in the Act. This report summarizes the analyses and findings of the consultant’s work, which is the responsibility of Teska. Teska has prepared this report with the understanding that the City would rely on: (1) the findings and conclusions of this report in proceeding with the designation of the Study Area as a Redevelopment Project Area under the Act; and (2) the fact that Teska has obtained the necessary information to conclude that the Study Area can be designated as a Redevelopment Project Area in compliance with the Act. 179 Laurel Avenue TIF Eligibility Findings | Prepared by Teska Associates, Inc. | October 31, 2014 3 The Laurel Avenue TIF Redevelopment Project Area (the Project Area) is eligible for designation as both a conservation area and a blighted area based on the predominance and extent of parcels exhibiting the following characteristics: 1. Age of structure 2. Obsolescence 3. Deterioration 4. Excessive vacancies 5. Lack of community planning 6. Environmental remediation 7. Minimal marginal increase in the equalized assessed value (EAV) Each of these factors contributes significantly towards the decline of the Project Area as a whole. Per the Act, at least three of the fourteen total eligibility criteria must be fulfilled for designation as a conservation area. At least five of the fourteen total eligibility criteria must be fulfilled for designation as a blighted area. In both cases, age of structure is a prerequisite. Based on the analysis of eligibility criteria as set in the Act, the Project Area qualifies as a blighted area for the purpose of establishing a TIF district. DESCRIPTION OF THE PROJECT AREA The Project Area is located north of the downtown area at the northwest corner of Laurel Avenue and Western Avenue. In particular, the Project Area has the following general boundaries: Laurel Avenue on the south, Western Avenue on the east, Franklin Place on the north, and the western property line of the former municipal services buildings on the west. In addition to the former municipal services buildings, the Project Area was the former home to an auto dealership and a series of residential structures (of which only one of the six still remains). Covering approximately 10.6 acres, the Project Area contains 7 structures (primary and accessory) on 13 parcels which cover a single block. The 7 structures are located on only 4 of the 13 parcels. Map 1 illustrates the boundaries of the Project Area. EXISTING CONDITIONS Overall, the present conditions of land and structures within the Project Area inhibit redevelopment potential. The Project Area was primarily built out in the early 20th century, with a 1929 Sanborn map indicating a rail spur serving a coal and wood yard. Over time, the municipal services buildings were built, occupied, and then vacated. In addition, an auto dealership was another major occupant of the Project Area until it vacated around the turn of the 21st century. With such a long history of use of varying types and intensities, the Project Area exhibits prominent indications of blighting, including aging and deteriorated structures, deteriorated surface improvements, vacant and obsolete structures, vacant lots, and potential need for 180 Laurel Avenue TIF Eligibility Findings | Prepared by Teska Associates, Inc. | October 31, 2014 4 environmental remediation. These declining conditions and excessive vacancies have a blighting influence on adjacent residential neighborhoods and the downtown area to the south. These conditions have created an overall trend of decline, which further inhibits investment in a self-reinforcing cycle. The next section elaborates further on the nature and extent of the specific conditions which contribute to the decline of the area. ELIGIBILITY FINDINGS Teska Associates, Inc. conducted a field survey of every property in the Project Area. Based on an inspection of the exteriors of structures and grounds, field notes and photographic images were taken to record the condition for each parcel. This survey occurred on January 18 and 24, 2012, and the findings cited in this report reflect the existing conditions on these dates. Field observations were supplemented with information provided by City officials. The designation of the Laurel Avenue Project Area as a conservation area requires that at least 50% of the structures must be 35 years or more in age. Additionally, a combination of at least three of the remaining thirteen blighting factors must be present to a meaningful extent and reasonably distributed throughout the Project Area. The following is a summary of the findings for each of the factors established by the TIF Act as qualifying an area as a Redevelopment Project Area. Age of Structures The characteristic of age presumes the existence of problems or limiting conditions resulting from normal and continuous use of structures and exposure to the elements over a period of many years. As a rule, older structures typically exhibit more problems than structures constructed in later years because of longer periods of active usage (wear and tear) and the impact of time, temperature and moisture. Additionally, older structures tend not to be well suited for modern-day uses because of contemporary space and development standards. Based on historical records provided by the City of Lake Forest, all 7 structures (100%) in the Project Area are more than 35 years old. Only 4 of the 13 total parcels contained one or more structures, with the other 7 being vacant lots. Therefore, the age factor is present to a significant extent, meeting the essential or base requirement for designation as a conservation area. Map 2 summarizes the TIF eligibility findings, including age of structures. 181 Laurel Avenue TIF Eligibility Findings | Prepared by Teska Associates, Inc. | October 31, 2014 5 Dilapidation Dilapidation refers to an advanced state of disrepair of structures or improvements or the neglect of necessary repairs, causing the building or improvement to fall into a state of decay. At a minimum, dilapidated structures should be those with critical defects in primary structural components (roof, bearing walls, floor structure, and foundation), building systems (heating, ventilation, lighting, and plumbing), and secondary structural components in such combination and extent that major repair is required or, the defects are so serious and so extensive that the structures must be removed. Currently, the municipal services office building is the only structure (out of 7 total structures) in the Project Area that displays this extreme physical state. This structure is characterized by severe deficiencies in structural or mechanical systems, such that re- use is possible only if the interior of the structures were gutted. Since this factor is concentrated to only one structure in the Project Area rather than distributed throughout, dilapidation does not contribute to the designation of the Project Area. However, it is important to note that the municipal services office building is the largest structure in the Project Area, is located adjacent to existing residential parcels to the west, and has prime visibility along Laurel Avenue – all factors that amplify the significance of the dilapidation of this single structure, even though dilapidation as a whole is not a contributing factor towards TIF eligibility. Map 2 summarizes the TIF eligibility findings, including dilapidation. Obsolescence Structures are typically built for certain uses or purposes with design, location, height and space arrangement each intended for a specific occupancy at a given time. Structures are obsolete when they contain characteristics or deficiencies that limit the re-use and marketability of such structures for their original intended purpose. These characteristics may include an inherent deficiency existing from poor or out-dated design or layout, improper orientation of building on site, inability to accommodate contemporary amenities or facilities, etc., which detract from the overall usefulness or desirability of a property. Obsolescence in such structures is typically difficult and expensive to correct. Within the Project Area, two parcels were observed to have structures that can be classified as functionally obsolete, which equates to 2 of 13 total parcels (15%) and 2 of 4 parcels that include at least one structure (50%). One of the two parcels includes three structures, and all four structures on 182 Laurel Avenue TIF Eligibility Findings | Prepared by Teska Associates, Inc. | October 31, 2014 6 both parcels relate to the old municipal services site. These structures were generally found to no longer have the capacity to function effectively for their original intended use (or potentially lose that capacity if the existing use were to vacate the structure). It is significant that half of the parcels that include at least one structure that is functionally obsolete. Obsolescence is difficult to correct and it can exacerbate blighted conditions of a block or neighborhood, especially if an obsolete structure sits vacant due to the inability to find a new user that fits the design, location, or dimensions of the structure. As such, the existence of this factor indicates that obsolescence makes a contribution towards the Project Area being designated as a conservation area. Map 2 summarizes the TIF eligibility findings, including obsolescence. Deterioration Deterioration refers to physical deficiencies or disrepair in structures or site improvements requiring treatment or repair. Deterioration of Structures Structures in a state of deterioration exhibit defects which are not easily correctable in the course of normal maintenance. Such structures may be classified as deteriorating or in an advanced stage of deterioration, depending upon the degree or extent of defects. This would include structures with major defects in the secondary building components (e.g., doors, windows, porches, gutters and downspouts, fascia materials, etc.), and major defects in primary building components (e.g., foundations, frames, roofs, etc.), respectively. Deterioration of structures occurs on all four parcels (100%) that contain structures, with the other seven parcels being vacant lots. The age of the structures are an influential factor in the deterioration of many structures, as the effects of time have not been arrested by private investment in maintenance. The lack of property maintenance has also contributed to unabated deterioration of certain structures. Deterioration of Surface Improvements The conditions of roadways, alleys, curbs, gutters, sidewalks, off-street parking and surface storage areas may also evidence deterioration through surface cracking, crumbling, potholes, depressions, loose paving materials, and weeds protruding through the surface. Deteriorated surface improvements are apparent on all 13 parcels (100%) of the Project Area. With pavement covering a great majority of the Project Area, broken and cracked pavement is the most frequent occurrence. 183 Laurel Avenue TIF Eligibility Findings | Prepared by Teska Associates, Inc. | October 31, 2014 7 Map 2 summarizes the TIF eligibility findings, including deterioration of structures and surface improvements. As illustrated in this figure, the widespread extent and distribution of deterioration of both structures and surface improvements creates a significant blighting effect upon the entire Project Area. Deterioration is therefore a major contributing factor towards designation of the Project Area as a conservation area. Presence of Structures Below Minimum Code Standards Structures below minimum code standards include all structures which do not meet the standards of zoning, subdivision, building, housing, property maintenance, fire, or other governmental codes applicable to the property. The principal purposes of such codes are to require structures to be constructed in such a way as to sustain safety of loads expected from this type of occupancy, to be safe for occupancy against fire and similar hazards, and/or establish minimum standards essential for safe and sanitary habitation. Structures below minimum code are characterized by defects or deficiencies which presume to threaten health and safety. According to information provided by the City of Lake Forest, the extent and distribution of structures below minimum code standards do not make a major contribution to the designation of the Project Area as a conservation area. Illegal Use of Individual Structures This factor applies to the use of structures in violation of applicable national, state, or local laws, and not to legal, nonconforming uses. Examples of illegal uses may include, but not be limited to the following:  Illegal home occupations;  Conduct of any illegal vice activities such as gambling, drug manufacture or dealing, prostitution, sale and/or consumption of alcohol by minors;  Uses not in conformance with local zoning codes and not previously grandfathered in as legal nonconforming uses;  Uses in violation of national, state or local environmental and occupational safety and health regulations;  Uses involving manufacture, sale, storage or use of dangerous explosives and firearms. According to information provided by the City, the illegal use factor does not significantly contribute to the designation of the Project Area as a conservation area. 184 Laurel Avenue TIF Eligibility Findings | Prepared by Teska Associates, Inc. | October 31, 2014 8 Excessive Vacancies Establishing the presence of this factor requires the identification, documentation, and mapping of the presence of vacant structures and vacant portions of structures. Excessive vacancy refers to the presence of structures which are unoccupied or underutilized and which represent an adverse influence on the area because of the frequency, extent, or duration of such vacancies. It includes properties which evidence no apparent effort directed toward their occupancy or utilization and vacancies within structures. Within the Project Area, three of 13 parcels (23%) include structures that are presently vacant or partially vacant. The presence of vacant structures is intensified by the fact that only four of the 13 total parcels have at least on structure, meaning 75% (3 out of 4) of parcels with structures exhibit vacancies. Deterioration, code violations, and the age of structures are often associated with vacant structures. Continued vacancies are often related to the expense and difficulty of renovations that would be required in order to occupy these structures again. Obsolescence also contributes to structures remaining vacant. In addition to the presence of vacant structures and vacant portions of structures, nine of 13 parcels (69%) within the Project Area have parcels that are categorized as vacant lots. The presence of vacant structures indicates their contribution towards the Project Area being designated as a conservation area. Although the presence of vacant lots does not contribute to TIF eligibility, the conditions of the vacant lots help qualify the Project Area as a conservation area, as all of the vacant lots exhibit site deterioration. Map 2 summarizes the TIF eligibility findings, including vacancies. Lack of Ventilation, Light, or Sanitary Facilities Many older structures fail to provide adequate ventilation, light or sanitary facilities as required by local building or housing codes. This is also a characteristic often found in illegal or improper building conversions. The criterion used for determining the presence of this factor can be found in local codes and ordinances, or in locally adopted national codes such as the Uniform Building Code, International Code Council, and the Model Housing Code of the American Public Health Association (APHA). Lack of ventilation, light, or sanitary facilities is presumed to adversely affect the health of building occupants, e.g., residents, employees, or visitors. Typical requirements for ventilation, light, and sanitary facilities include:  Adequate mechanical ventilation for air circulation in spaces/rooms without windows, i.e., bathrooms, and dust, odor or smoke-producing activity areas; 185 Laurel Avenue TIF Eligibility Findings | Prepared by Teska Associates, Inc. | October 31, 2014 9  Adequate natural light and ventilation by means of skylights or windows for interior rooms/spaces, and proper window sizes and amounts by room area to window area ratios;  Adequate sanitary facilities, i.e., garbage storage/enclosure, bathroom facilities, hot water, and kitchens; and  Adequate ingress and egress to and from all rooms and units. According to information provided by the City, this factor does not significantly contribute to blighting conditions within the Project Area as a whole. Inadequate Utilities This factor relates to all underground and overhead utilities, including, but not limited to, storm sewers and storm drainage, sanitary sewers, water lines, and gas, telephone, and electric service which may be shown to be inadequate. Inadequate utilities would include those which are: (1) of insufficient capacity to serve the uses in the redevelopment project and surrounding areas, (2) deteriorated, antiquated, obsolete, or are in disrepair or are lacking. According to information provided by the City, inadequate utilities do not contribute as a significant factor in the designation of the Project Area as a conservation area. Excessive Land Coverage and Overcrowding of Structures and Community Facilities This factor may be documented by showing all instances where building coverage is excessive. Zoning ordinances commonly contain standards for residential, commercial, and industrial properties which relate floor area to lot area. In residential districts a lower ratio is usually required. Excessive land coverage and overcrowding refers to the over-intensive use of property and the crowding of structures and accessory facilities onto a site. Problem conditions include structures either improperly situated on the parcel or located on parcels of inadequate size and shape in relation to present-day standards of development for health and safety, and multiple structures on a single parcel. The resulting inadequate conditions include such factors as insufficient provision for light and air, increased threat of spread of fires due to close proximity to nearby structures, lack of adequate or proper access to a public right-of-way, lack of required off-street parking, and inadequate provision for loading and service. Excessive land coverage and overcrowding conditions are presumed to have an adverse or blighting effect on nearby development. This characteristic is viewed relative to its urban context, common practice, and contemporary development standards. Excessive land coverage and overcrowding of structures is exhibited on the far western parcel, which is presently comprised of three large buildings that were part of the old municipal services site. Since this is only one parcel out of 13 total parcels, excessive land coverage and overcrowding of structures do not make a significant contribution towards the Project Area being designated as a conservation area. However, it is important to note that the municipal services parcel is the largest in the Project Area, is located adjacent to existing residential parcels to the west, and has prime visibility along Laurel Avenue – all factors that reinforce the significance of the crowding of structures on this single parcel, even though it is not a contributing factor towards TIF eligibility. 186 Laurel Avenue TIF Eligibility Findings | Prepared by Teska Associates, Inc. | October 31, 2014 10 Deleterious Land Use or Layout Deleterious land uses include all instances of incompatible land-use relationships, structures occupied by inappropriate mixed-uses, or uses which may be considered noxious, offensive or environmentally unsuitable. From a basic land use perspective, the former and existing municipal land uses in the Project Area were/are not deleterious or incompatible with adjacent residential uses. However, the location of maintenance garages and ingress/egress of municipal vehicles and trucks are uses and activities that are more intensive than typically desired next to residential properties. Despite some potential incompatibility with intensive activities, deleterious land use or layout does not make a significant contribution to the classification of the entire Project Area as a conservation area. Lack of Community Planning Lack of community planning may be a significant factor if the proposed Project Area developed prior to or without the benefit or guidance of a community plan. This means that no community plan existed or it was considered inadequate, and/or was virtually ignored during the time of the area's development. This, of course, may be documented by establishing the date of adoption of the City's master plan (or other plans which may be relevant) and determining whether the area developed before or after that date. This finding may be amplified by other evidence which shows the deleterious results of the lack of community planning, including cross-referencing other factors cited in the blight finding. This may include, but is not limited to, adverse or incompatible land-use relationships, inadequate street layout, improper subdivision, and parcels of inadequate size or shape to meet contemporary development standards. The Project Area developed throughout the 20th century and as early as the 1920’s according to Sanborn maps, which was prior to any formal community planning being done in Lake Forest. As a result, lack of community planning is a contributing factor to the conservation area designation of the Project Area. Environmental Remediation Cost Impeding Development This factor may be documented by determining if any requirements by the Illinois Environmental Protection Agency (IEPA), the United States Environmental Protection Agency (EPA), or any study conducted by a recognized independent expert consultant has resulted in the need to incur remediation costs for a site that have resulted in impeding further site redevelopment. Such remediation costs may be related to the need for the clean-up of hazardous waste, hazardous substances, or underground storage tanks as required by State or Federal law. Based on a Phase 1 Environmental Site Assessment (ESA) produced in 2008 for the municipal services site, the site was revealed to have the following recognized environmental conditions (REC’s): underground storage tanks, above-ground storage tanks, and vehicle repair facility. In all cases, the ESA advised further investigation to determine if the REC’s may have created issues relating to subsurface and groundwater contamination and/or petroleum product spillage and dumping. A Comprehensive Asbestos Survey was also conducted in 2008 for the municipal services site and indicated the presence of asbestos content or asbestos-containing materials. 187 Laurel Avenue TIF Eligibility Findings | Prepared by Teska Associates, Inc. | October 31, 2014 11 There is also potential that the parcels that were formerly occupied by the auto dealership may exhibit the need for environmental remediation, particularly if any gasoline storage tanks were housed on-site for fuel pumping; however, this is inconclusive without additional information. Furthermore, there are insufficient records availble to determine if environmental remediation is required, or if costs associated with a remediation project would impede the redevelopment of a site. According to information provided by the City, environmental remediation is a contributing factor to the status of the Project Area as a conservation area. 188 Laurel Avenue TIF Eligibility Findings | Prepared by Teska Associates, Inc. | October 31, 2014 12 Decline or Minimal Marginal Increase in the Equalized Assessed Value This factor can be cited if, according to State statute, “the total equalized assessed value of the proposed redevelopment project area has declined for three (3) of the last five (5) calendar years for which information is available; or is increasing at an annual rate that is less than the balance of the municipality for three (3) of the last (5) calendar years for which information is available; or is increasing at an annual rate that is less than the Consumer Price Index for All Urban Consumers published by the United States Department of Labor or successor agency for three (3) of the last five (5) calendar years for which information is available.” Overall, the EAV of the Project Area declined in all five (5) of the past five (5) years. Also, the annual rate in change in EAV of the Project Area was less than the City for four (4) of the past five (5) years. Thus, decline in equalized assessed value is a contributing factor towards designation as a conservation area. Table 1: City of Lake Forest EAV Data: Years 2008-2013 Year 2008 2009 2010 2011 2012 2013 Total EAV of the Project Area $151,616 $148,644 $138,823 $109,703 $102,125 $96,630 % Change in Project Area EAV from Prior Year 2.76% -1.96% -6.61% -20.98% -6.91% -5.38% EAV of the City of Lake Forest (excluding the Project Area) $2,867,080,793 $2,958,526,843 $2,890,555,685 $2,717,437,394 $2,564,977,898 $2,377,950,509 % Change in City EAV from Prior Year 5.99% 3.19% -2.30% -5.99% -5.61% -7.29% Growth in Project Area less than the City? YES YES YES YES YES NO Source: City of Lake Forest; Shields Township Assessor; Lake County Assessment Office. 189 Laurel Avenue TIF Eligibility Findings | Prepared by Teska Associates, Inc. | October 31, 2014 13 CONCLUSION Based on the findings contained herein, the Project Area as a whole qualifies as a blighted area according to the criteria established by the Act, based on the predominance and extent of parcels exhibiting the following characteristics: 1. Age of structure 2. Obsolescence 3. Deterioration 4. Excessive vacancies 5. Lack of community planning 6. Environmental remediation 7. Minimal marginal increase in the equalized assessed value (EAV) Each of these factors contributes significantly to the eligibility of the Project Area as a conservation area. In addition, all 13 parcels (100%) in the Project Area exhibit at least one defect as defined by the criteria established in the Act. Further, these factors act in combination with one another, reinforcing the negative effects of the other factors. For example, a property owner may be less likely to invest in maintenance for an obsolete building, which may lead to deterioration, which further inhibits investment. In turn, investment in neighboring properties is inhibited in this environment of decay. Therefore, while not every parcel or block exhibits every factor, the combination of the factors throughout the Project Area has a significant impact. Due to the negative effect on the public safety and welfare caused by some of these factors, the Project Area is eligible as a conservation area with the intent to follow up with public intervention in order that redevelopment might occur. The conservation designation, coupled with the increased investment that will be encouraged by TIF, will ensure that the prime location of the Project Area near Downtown Lake Forest and surrounded by established residential neighborhoods can be redeveloped in a manner that provides strengthened value to the community. 190 THE CITY OF LAKE FOREST ORDINANCE NO. 2015-__ AN ORDINANCE ADOPTING TAX INCREMENT ALLOCATION FINANCING FOR THE LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA Adopted by the Mayor and City Council of The City of Lake Forest this __th day of January, 2015 Published in pamphlet form by direction and authority of The City of Lake Forest, Lake County, Illinois this __th day of January, 2015 191 ORDINANCE NO. 2015-_ AN ORDINANCE ADOPTING TAX INCREMENT ALLOCATION FINANCING FOR THE LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA WHEREAS, The City of Lake Forest (the “City”) desires to adopt tax increment allocation financing (“TIF Financing”) pursuant to the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et seq. (the “Act”) with respect to the Laurel and Western Avenue Redevelopment Project Area, legally described in Exhibit A and depicted in Exhibit B, attached hereto and, by this reference, incorporated herein (the “Redevelopment Project Area”); and WHEREAS, on January __, 2015, the City Council adopted: (i) Ordinance 2015-___ approving a Redevelopment Plan and Project and Eligibility Report for the Redevelopment Project Area; and (ii) Ordinance 2015-___ designating the Redevelopment Project Area as a redevelopment project area under the Act; and WHEREAS, all findings and certifications set forth in Ordinances 2015-___ and 2015- ____ and in the Redevelopment Plan and Project are hereby adopted as the findings and certifications of the Mayor and City Council as if fully set forth in this Ordinance, and the City has complied with all conditions required by the Act for the adoption of TIF Financing for the Redevelopment Project Area; and WHEREAS, the Mayor and City Council have determined it is now necessary and desirable to adopt TIF Financing for the Redevelopment Project Area pursuant to the Act; NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF LAKE FOREST, COUNTY OF LAKE, STATE OF ILLINOIS, as follows: SECTION 1. Recitals. The foregoing recitals are incorporated into this Ordinance as findings of the Mayor and City Council. 192 SECTION 2. Tax Increment Allocation Financing Approved. TIF Financing is hereby approved and adopted for the Redevelopment Project Area. The ad valorem taxes arising from the levies upon taxable real property in the Redevelopment Project Area by taxing districts, and tax rates determined in the manner provided by Section 9 of the Act each year after the effective date of this Ordinance until the expiration of the Redevelopment Plan and Project for the Redevelopment Project Area, shall be divided as follows: A. That portion of taxes levied upon each taxable lot, block, tract, or parcel of real property which is attributable to the lesser of either the current equalized assessed value or the initial equalized assessed value of such taxable lot, block, tract, or parcel of real property in the Redevelopment Project Area shall be allocated to and when collected shall be paid to the respective taxing districts in the manner required by law in the absence of the adoption of TIF Financing. B. That portion, if any, of such taxes which is attributable to the increase in the current equalized assessed valuation of each taxable lot, block, tract, or parcel of real property in the Redevelopment Project Area over and above the initial equalized assessed value of each such property in the Redevelopment Project Area shall be allocated to and when collected shall be paid to the City in such manner as shall be designated by the City Council. Said funds shall be deposited in a special fund called the Special Tax Allocation Fund for the Laurel and Western Avenues Redevelopment Project Area, and such taxes shall be used for the purposes of paying redevelopment project costs and obligations pursuant to the Redevelopment Plan and Project for the Redevelopment Project Area as provided in Section 3 of this Ordinance. SECTION 3. Use of Funds. The City shall obtain and utilize the Special Tax Allocation Fund solely for the payment of all reasonable or necessary costs incurred pursuant to, and any 193 such costs incidental to, the Redevelopment Plan and Project for the Redevelopment Project Area and all municipal obligations financing such costs in accordance with the provisions of the Act and as otherwise allowed by Act and the Redevelopment Plan and Project. SECTION 4. Repealer. All ordinances or parts of ordinances in conflict herewith are hereby repealed to the extent of such conflict. SECTION 5. Filing of Ordinance. The City Clerk is hereby authorized and directed to cause a certified copy of this Ordinance to be filed in the Office of the Lake County Clerk. SECTION 6. Effective Date. This Ordinance shall be in full force and effect immediately upon its passage, approval, and publication in pamphlet form in the manner provided by law. PASSED by roll call vote this ___th day of January, 2015. AYES: NAYS: ABSENT: ABSTAIN: APPROVED this ___th day of January, 2015. ______________________________ Donald P. Schoenheider, Mayor ATTEST: ________________________________ Margaret Boyer, Deputy City Clerk 194 EXHIBIT A (Legal Description of the Redevelopment Project Area) CITY OF LAKE FOREST, ILLINOIS LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA Beginning at the point at southwest corner of Lot 7, Block 301, of the Western Addition to Lake Forest Subdivision, in the Northwest ¼ of the Southwest ¼ of Section 28, Township 44 North, Range 12 East, within the City of Lake Forest, Lake County, Illinois; thence north, running along the western lot line of said Lot 7, approximately 674.3 feet, to the northwest corner of said Lot 7; thence north, 66 feet, to the point of intersection of said western lot line of Lot 7 extended and the northern line of the Franklin Place right-of-way; thence east, 596.6 feet along said northern line of the Franklin Place right-of-way to the intersection of the West line of the Western Avenue right- of-way and said the North line of the Franklin Place right-of-way; thence, east, approximately 67.79 feet, to the point of intersection of a line extending said North line of the Franklin Place right-of-way and the East line of the Western Avenue right-of-way; thence southeast, approximately 822 feet, along the East line of the Western Avenue right-of-way the point of intersection of said East line of the Western Avenue right-of-way and the South line of the East Laurel Avenue right-of-way extended; thence west, approximately 67.79 feet to the point at the intersection of the West Line of the Western Avenue right-of-way and the South Line of the Laurel Avenue right-of-way; thence west, approximately 784.08 feet, along the South line of the East Laurel Avenue to the point of intersection with the west property line of Lot 6, Block 307 of the Western Addition to Lake Forest Subdivision; thence northwest, approximately 67.5 feet across the Laurel Avenue right-of-way to the point of beginning. 195 EXHIBIT B (Map showing the general street boundaries of the Redevelopment Project Area) 196 STATE OF ILLINOIS ) ) SS COUNTY OF LAKE ) CERTIFICATE I, Margaret Boyer, certify that I am the Deputy City Clerk of The City of Lake Forest, Illinois. I further certify that on ______________, 2015, the Corporate Authorities of The City of Lake Forest passed and approved Ordinance No. 2015-___, entitled, AN ORDINANCE ADOPTING TAX INCREMENT ALLOCATION FINANCING FOR THE LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA A true and correct copy of Ordinance No. 2015 - ___ is attached. Dated at Lake Forest, Illinois, this __th day of January, 2015. __________________________ Margaret Boyer, Deputy City Clerk 197 STATE OF ILLINOIS ) ) SS COUNTY OF LAKE ) FILING CERTIFICATE RE: APPROVAL OF TAX INCREMENT FINANCING FOR THE LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA I, the undersigned, do hereby certify that I am the duly qualified and acting County Clerk of Lake County, Illinois, and as such official I do further certify that on the ____ day of ____________ 2015 there was filed in my office a duly certified copy of an ordinance numbered 2015-___, entitled: AN ORDINANCE ADOPTING TAX INCREMENT ALLOCATION FINANCING FOR THE LAUREL AND WESTERN AVENUES REDEVELOPMENT PROJECT AREA duly adopted by the City Council of the City of Lake Forest, Lake County, Illinois, on the ___th day of January 2015, and that the same has been deposited in the official files and records of my office. IN WITNESS WHEREOF, I hereunto affix my official signature and the seal of said County, this ____ day of ____________ 2015. County Clerk of Lake County, Illinois [SEAL] 198 199 1 THE CITY OF LAKE FOREST 2015-_____ AN ORDINANCE ENACTING A CODE OF ORDINANCES FOR THE CITY OF LAKE FOREST, ILLINOIS, REVISING, AMENDING, RESTATING, CODIFYING AND COMPILING CERTAIN EXISTING GENERAL ORDINANCES OF THE CITY WHEREAS, the present general and permanent ordinances of The City of Lake Forest (the “City”) are set forth in “The City Code of Lake Forest, 1971,” which code has been amended from time-to-time (the “1971 Code”); and WHEREAS, the City would benefit from a more modern and user friendly arrangement and form of the 1971 Code; and WHEREAS, in addition, the 1971 Code substantively has become outdated, as various ordinances as adopted by the City Council have not been fully or correctly incorporated into the 1971 Code; and WHEREAS, in order to better serve, promote, and preserve the public peace, health, safety and general welfare of the City and advance the proper conduct of its affairs, the City Council, pursuant to its home rule authority, has determined that it is desirable and appropriate to revise, amend, restate, codify and compile any existing ordinances and all new ordinances not heretofore adopted or published and to incorporate such ordinances into one ordinance in book form; and WHEREAS, the corporate authorities of the City have authorized a general compilation, revision and codification of the ordinances of the Political Subdivision of a general and permanent nature and publication of such ordinance in book form; and WHEREAS, it is necessary to provide for the usual daily operation of the City and for the preservation of the public peace, health, safety and general welfare of the City to update the 1971 Code with a new compilation of the City ordinances to be known as the “Code of Ordinances of the City of Lake Forest, Illinois”; NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY CPOUNCIL OF THE CITY OF LAKE FOREST, COUNTY OF LAKE, STATE OF ILLINOIS, as follows: SECTION ONE: Recitals. The foregoing recitals are hereby incorporated into and made a part of this Ordinance. SECTION TWO: Adoption of New Code. The general ordinances of the City as revised, amended, restated, codified, and compiled in book form are hereby adopted as and shall constitute the “Code of Ordinances of the City of Lake Forest, Illinois,” which shall consist of the following Titles, and may hereafter be referred to as the “Lake Forest City Code”: 200 2 City of Lake Forest, Illinois Code of Ordinances City Charter Title I: General Provisions Title III: Administration Title V: Public Works Title VII: Traffic Code Title IX: General Regulations Title Xi: Business Regulations Title XIII: General offenses Title XV: land Use and Development PARALLEL REFERENCES TABLE OF SPECIAL ORDINANCES SECTION THREE: Supersedence. The Code of Ordinances of the City of Lake Forest, Illinois as approved in Section Two of this Ordinance shall supersede the 1971 Code, and all prior ordinances pertaining to the subjects treated in such Code of Ordinances shall be deemed repealed from and after the effective date of this ordinance except as they are included and re-ordained in whole or in part in such Code; provided, such repeal shall not affect any offense committed or penalty incurred or any right established prior to the effective date of this ordinance, nor shall such repeal affect the provisions of ordinances levying taxes, appropriating money, annexing or detaching territory, establishing franchises, or granting special rights to certain persons, authorizing public improvements, authorizing the issuance of bonds or borrowing of money, authorizing the purchase or sale of real or personal property, granting or accepting easements, plat or dedication of land to public use, vacating or setting the boundaries of streets or other public places; nor shall such repeal affect any other ordinance of a temporary or special nature or pertaining to subjects not contained in or covered by the Code. SECTION FOUR: Savings Clause. Notwithstanding Section Three of this Ordinance, to the extent that the City finds or determines that the Code of Ordinances of the City of Lake Forest, Illinois inadvertently omitted or erroneously incorporated the terms of specific ordinances adopted by the City Council, the City Council may re-adopt any such ordinance inadvertently omitted or erroneously incorporated, and upon such re-adoption the specific ordinance as originally approved will relate back to its original adoption. SECTION FIVE: Effective Date. The Code of Ordinances of the City of Lake Forest, Illinois shall be in full force and effect upon the passage, approval, and publication in pamphlet form of this Ordinance, after which time the City Clerk shall cause the Code of Ordinances of the City of Lake Forest, Illinois in its entirety to be made available to the public through the City website and other means. 201 3 PASSED this _____ day of _______________, 2015. AYES: NAYS: ABSENT: ABSTAIN: APPROVED this _____ day of _______________, 2015. _____________________________ Mayor ATTEST: _________________________________ Deputy City Clerk 202