Public Act 099-0263
 
SB0368 EnrolledLRB099 03109 AWJ 23117 b



    AN ACT concerning local government.

 
    Be it enacted by the People of the State of Illinois, 
represented in the General Assembly: 



 
 
    Section 5. The Illinois Municipal Code is amended  by 
changing Sections 11-74.4-3.5 and 11-74.6-15 as follows:
 
 

    (65 ILCS 5/11-74.4-3.5)

 
    Sec. 11-74.4-3.5. Completion dates for redevelopment 
projects.
    (a) Unless otherwise stated in this Section, the estimated 
dates of completion
of the redevelopment project and retirement 
of obligations issued to finance
redevelopment project costs 
(including refunding bonds under Section 11-74.4-7)  may not be

later than December 31 of the year in which the payment to the 
municipal
treasurer, as provided in subsection (b) of Section 
11-74.4-8 of this Act, is to
be made with respect to ad valorem 
taxes levied in the 23rd
calendar year after the year in which 
the ordinance approving the
redevelopment project area was 
adopted if the ordinance was adopted on or after
January 15, 
1981.
    (b) The estimated dates of completion of the redevelopment 
project and retirement of obligations issued to finance 
redevelopment project costs (including refunding bonds under 
Section 11-74.4-7) may not be later than December 31 of the 
year in which the payment to the municipal treasurer as 
provided in subsection (b) of Section 11-74.4-8 of this Act is 
to be made with respect to ad valorem taxes levied in the 32nd 
calendar year after the year in which the ordinance approving 
the redevelopment project area was adopted if the ordinance was 
adopted on September 9, 1999 by the Village of Downs. 
    The estimated dates of completion
of the redevelopment 
project and retirement of obligations issued to finance

redevelopment project costs (including refunding bonds under 
Section 11-74.4-7) may not be later than December 31 of the 
year in which the payment to the municipal
treasurer as 
provided in subsection (b) of Section 11-74.4-8 of this Act is 
to
be made with respect to ad valorem taxes levied in the 33rd 
calendar
year after the year in which the ordinance approving 
the
redevelopment project area was adopted if the ordinance was 
adopted on May 20, 1985 by the Village of Wheeling.
    The estimated dates of completion of the redevelopment 
project and retirement of obligations issued to finance 
redevelopment project costs (including refunding bonds under 
Section 11-74.4-7) may not be later than December 31 of the 
year in which the payment to the municipal treasurer as 
provided in subsection (b) of Section 11-74.4-8 of this Act is 
to be made with respect to ad valorem taxes levied in the 28th 
calendar year after the year in which the ordinance approving 
the redevelopment project area was adopted if the ordinance was 
adopted on October 12, 1989 by the City of Lawrenceville. 
    (c) The estimated dates of completion
of the redevelopment 
project and retirement of obligations issued to finance

redevelopment project costs (including refunding bonds under 
Section 11-74.4-7) may not be later than December 31 of the 
year in which the payment to the municipal
treasurer as 
provided in subsection (b) of Section 11-74.4-8 of this Act is 
to
be made with respect to ad valorem taxes levied in the 35th 
calendar
year after the year in which the ordinance approving 
the
redevelopment project area was adopted:
        (1) If if the ordinance was adopted before January 15, 
    1981. ;
        (2) If if the ordinance was adopted in December 1983, 
    April 1984, July 1985,
or December 1989. ;
        (3) If if the ordinance was adopted in December 1987 
    and the redevelopment
project is located within one mile of 
    Midway Airport. ;
        (4) If if the ordinance was adopted before January 1, 
    1987 by a municipality in
Mason County. ;
        (5) If if the municipality is subject to the Local 
    Government Financial Planning
and Supervision Act or the 
    Financially Distressed City Law. ;
        (6) If if the ordinance was adopted in December 1984 by 
    the Village of Rosemont. ;
        (7) If if the ordinance was adopted on December 31, 
    1986 by a municipality
located in Clinton County for which 
    at least $250,000 of tax increment
bonds were authorized on 
    June 17, 1997, or if the ordinance was adopted on
December 
    31, 1986 by a municipality with a population in 1990 of 
    less than
3,600 that is located in a county with a 
    population in 1990 of less than
34,000 and for which at 
    least $250,000 of tax increment bonds were authorized
on 
    June 17, 1997. ;
        (8) If if the ordinance was adopted on October 5, 1982 
    by the City of Kankakee, or if the ordinance was adopted on 
    December 29, 1986 by East St. Louis. ;
        (9) If if
the ordinance was adopted on November 12, 
    1991 by the Village of Sauget. ;
        (10) If if the ordinance was
adopted on February 11, 
    1985 by the City of Rock Island. ;
        (11) If if the ordinance was adopted before December 
    18, 1986 by the City of
Moline. ;
        (12) If if the ordinance was adopted in September 1988 
    by Sauk Village. ;
        (13) If if the ordinance was adopted in October 1993 by 
    Sauk Village. ;
        (14) If if the ordinance was adopted on December 29, 
    1986 by the City of Galva. ;
        (15) If if the ordinance was adopted in March 1991 by 
    the City of Centreville. ;
        (16) If if the ordinance was adopted on January 23, 
    1991
by the City of East St. Louis. ;
        (17) If if the ordinance was adopted on December 22, 
    1986 by the City of Aledo. ;
        (18) If if the ordinance was adopted on February 5, 
    1990 by the City of Clinton. ;
        (19) If if the ordinance was adopted on September 6, 
    1994 by the City of Freeport. ;
        (20) If if the ordinance was adopted on December 22, 
    1986 by the City of Tuscola. ;
        (21) If if the ordinance was adopted on December 23, 
    1986 by the City of Sparta. ;
        (22) If if the ordinance was adopted on December 23, 
    1986 by the City of
Beardstown. ;
        (23) If if the ordinance was adopted on April 27, 1981, 
    October 21, 1985, or
December 30, 1986 by the City of 
    Belleville. ;
        (24) If if the ordinance was adopted on December 29, 
    1986 by the City of
Collinsville. ;
        (25) If if the ordinance was adopted on September 14, 
    1994 by the
City of Alton. ;
        (26) If if the ordinance was adopted on November 11, 
    1996 by the
City of Lexington. ;
        (27) If if the ordinance was adopted on November 5, 
    1984 by
the City of LeRoy. ;
        (28) If if the ordinance was adopted on April 3, 1991 
    or
June 3, 1992 by the City of Markham. ;
        (29) If if the ordinance was adopted on November 11, 
    1986 by the City of Pekin. ;
        (30) If if the ordinance was adopted on December 15, 
    1981 by the City of Champaign. ;
        (31) If if the ordinance was adopted on December 15, 
    1986 by the City of Urbana. ;
        (32) If if the ordinance was adopted on December 15, 
    1986 by the Village of Heyworth. ;
        (33) If if the ordinance was adopted on February 24, 
    1992 by the Village of Heyworth. ;
        (34) If if the ordinance was adopted on March 16, 1995 
    by the Village of Heyworth. ;
        (35) If if the ordinance was adopted on December 23, 
    1986 by the Town of Cicero. ;
        (36) If if the ordinance was adopted on December 30, 
    1986 by the City of Effingham. ;
        (37) If if the ordinance was adopted on May 9, 1991 by 
    the Village of
Tilton. ;
        (38) If if the ordinance was adopted on October 20, 
    1986 by the City of Elmhurst. ;
        (39) If if the ordinance was adopted on January 19, 
    1988 by the City of
Waukegan. ;
        (40) If if the ordinance was adopted on September 21, 
    1998 by the City of
Waukegan. ;
        (41) If if the ordinance was adopted on December 31, 
    1986 by the City of Sullivan. ;
        (42) If if the ordinance was adopted on December 23, 
    1991 by the City of Sullivan. ;
        (43) If if the ordinance was adopted on December 31, 
    1986 by the City of Oglesby. ;
        (44) If if the ordinance was adopted on July 28, 1987 
    by the City of Marion. ;
        (45) If if the ordinance was adopted on April 23, 1990 
    by the City of Marion. ;
        (46) If if the ordinance was adopted on August 20, 1985 
    by the Village of Mount Prospect. ;
        (47) If if the ordinance was adopted on February 2, 
    1998 by the Village of Woodhull. ;
        (48) If if the ordinance was adopted on April 20, 1993 
    by the Village of Princeville. ;
        (49) If if the ordinance was adopted on July 1, 1986 by 
    the City of Granite City. ;
        (50) If if the ordinance was adopted on February 2, 
    1989 by the Village of Lombard. ;
        (51) If if the ordinance was adopted on December 29, 
    1986 by the Village of Gardner. ;
        (52) If if the ordinance was adopted on July 14, 1999 
    by the Village of Paw Paw. ;
        (53) If if the ordinance was adopted on November 17, 
    1986 by the Village of Franklin Park. ;
        (54) If if the ordinance was adopted on November 20, 
    1989 by the Village of South Holland. ;
        (55) If if the ordinance was adopted on July 14, 1992 
    by the Village of Riverdale. ;
        (56) If if the ordinance was adopted on December 29, 
    1986 by the City of Galesburg. ;
        (57) If if the ordinance was adopted on April 1, 1985 
    by the City of Galesburg. ;
        (58) If if the ordinance was adopted on May 21, 1990 by 
    the City of West Chicago. ;
        (59) If if the ordinance was adopted on December 16, 
    1986 by the City of Oak Forest. ;
        (60) If if the ordinance was adopted in 1999 by the 
    City of Villa Grove. ;
        (61) If if the ordinance was adopted on January 13, 
    1987 by the Village of Mt. Zion. ;
        (62) If if the ordinance was adopted on December 30, 
    1986 by the Village of Manteno. ;
        (63) If if the ordinance was adopted on April 3, 1989 
    by the City of Chicago Heights. ;
        (64) If if the ordinance was adopted on January 6, 1999 
    by the Village of Rosemont. ;
        (65) If if the ordinance was adopted on December 19, 
    2000 by the Village of Stone Park. ;
        (66) If if the ordinance was adopted on December 22, 
    1986 by the City of DeKalb. ;
        (67) If  if the ordinance was adopted on December 2, 
    1986 by the City of Aurora. ;

        (68) If
 if the ordinance was adopted on December 31, 
    1986 by the Village of Milan. ;
        (69) If
 if the ordinance was adopted on September 8, 
    1994 by the City of West Frankfort. ;
        (70) If if the ordinance was adopted on December 23, 
    1986 by the Village of Libertyville. ;
        (71) If if the ordinance was adopted on December 22, 
    1986 by the Village of Hoffman Estates. ;

        (72) If if the ordinance was adopted on September 17, 
    1986 by the Village of Sherman. ;

        (73) If if the ordinance was adopted on December 16, 
    1986 by the City of Macomb. ;
        (74) If if the ordinance was adopted on June 11, 2002 
    by the City of East Peoria to create the West Washington 
    Street TIF. ;
        (75) If if the ordinance was adopted on June 11, 2002 
    by the City of East Peoria to create the Camp Street TIF. ;

        (76) If if the ordinance was adopted on August 7, 2000 
    by the City of Des Plaines. ;
        (77) If if the ordinance was adopted on December 22, 
    1986 by the City  of Washington to create the Washington 
    Square TIF #2. ;
        (78) If if the ordinance was adopted on December 29, 
    1986 by the City of Morris. ;

        (79) If if the ordinance was adopted on July 6, 1998 by 
    the Village of Steeleville. ;
        (80) If if the ordinance was adopted on December 29, 
    1986 by the City of Pontiac to create TIF I (the Main St 
    TIF). ;
        (81) If if the ordinance was adopted on December 29, 
    1986 by the City of Pontiac to create TIF II (the 
    Interstate TIF). ; 
        (82) If if the ordinance was adopted on November 6, 
    2002 by the City of Chicago to create the Madden/Wells TIF 
    District. ; 
        (83) If if the ordinance was adopted on November 4, 
    1998 by the City of Chicago to create the Roosevelt/Racine 
    TIF District. ; 
        (84) If if the ordinance was adopted on June 10, 1998 
    by the City of Chicago to create the Stony Island 
    Commercial/Burnside Industrial Corridors TIF District. ; 
        (85) If if the ordinance was adopted on November 29, 
    1989 by the City of Chicago to create the Englewood Mall 
    TIF District. ;
        (86) If if the ordinance was adopted on December 27, 
    1986 by the City of Mendota. ; 
        (87) If if the ordinance was adopted on December 31, 
    1986 by the Village of Cahokia. ;
        (88) If if the ordinance was adopted on September 20, 
    1999 by the City of Belleville. ;
        (89) If if the ordinance was adopted on December 30, 
    1986 by the Village of Bellevue to create the Bellevue TIF 
    District 1. ;
        (90) If if the ordinance was adopted on December 13, 
    1993 by the Village of Crete. ;
        (91) If if the ordinance was adopted on February 12, 
    2001 by the Village of Crete. ;
        (92) If if the ordinance was adopted on April 23, 2001 
    by the Village of Crete. ;
        (93) If if the ordinance was adopted on December 16, 
    1986 by the City of Champaign. ; 
        (94) If if the ordinance was adopted on December 20, 
    1986 by the City of Charleston. ; 
        (95) If if the ordinance was adopted on June 6, 1989 by 
    the Village of Romeoville. ; 
        (96) If if the ordinance was adopted on October 14, 
    1993 and amended on August 2, 2010 by the City of Venice. ; 
        (97) If if the ordinance was adopted on June 1, 1994 by 
    the City of Markham. ; 
        (98) If if the ordinance was adopted on May 19, 1998 by 
    the Village of Bensenville. ; 
        (99) If if the ordinance was adopted on November 12, 
    1987 by the City of Dixon. ; 
        (100) If if the ordinance was adopted on December 20, 
    1988 by the Village of Lansing. ; 
        (101) If if the ordinance was adopted on October 27, 
    1998 by the City of Moline. ; 
        (102) If if the ordinance was adopted on May 21, 1991 
    by the Village of Glenwood. ; 
        (103) If if the ordinance was adopted on January 28, 
    1992 by the City of East Peoria. ; 
        (104) If if the ordinance was adopted on December 14, 
    1998 by the City of Carlyle. ;
        (105) If  if the ordinance was adopted on May 17, 2000, 
    as subsequently amended, by the City of Chicago to create 
    the Midwest Redevelopment TIF District. ; 
        (106) If  if the ordinance was adopted on September 13, 
    1989 by the City of Chicago to create the Michigan/Cermak 
    Area TIF District. ; 
        (107) If if the ordinance was adopted on March 30, 1992 
    by the Village of Ohio. ; 
        (108) If if the ordinance was adopted on July 6, 1998 
    by the Village of Orangeville. ;
        (109) If if the ordinance was adopted on December 16, 
    1997 by the Village of Germantown. ; 
        (110) If if the ordinance was adopted on April 28, 2003 
    by Gibson City. ; 
        (111) If if the ordinance was adopted on December 18, 
    1990 by the Village of Washington Park, but only after  the 
    Village of Washington Park becomes compliant with the 
    reporting requirements under subsection (d) of Section 
    11-74.4-5, and after the State Comptroller's certification 
    of such compliance. ; 
        (112) If if the ordinance was adopted on February 28, 
    2000 by the City of Harvey. ; or
        (113) If if the ordinance was adopted on January 11, 
    1991 by the City of Chicago to create the Read/Dunning TIF 
    District. ; 
        (114) If if the ordinance was adopted on July 24, 1991 
    by the City of Chicago to create the Sanitary and Ship 
    Canal TIF District. ; 
        (115) If if the ordinance was adopted on December 4, 
    2007 by the City of Naperville. ; 
        (116) If if the ordinance was adopted on July 1, 2002 
    by the Village of Arlington Heights. ; 
        (117) If if the ordinance was adopted on February 11, 
    1991 by the Village of Machesney Park. ; 
        (118) If if the ordinance was adopted on December 29, 
    1993 by the City of Ottawa. ; or 
        (119) If if the ordinance was adopted on June 4, 1991 
    by the Village of Lansing. 
        (120) If (119) if the ordinance was adopted on February 
    10, 2004 by the Village of Fox Lake. ;
        (121) If (120) if the ordinance was adopted on December 
    22, 1992 by the City of Fairfield. ; or
        (122) If (121) if the ordinance was adopted on February 
    10, 1992 by the City of Mt. Sterling. 
        (123) If (113) if the ordinance was adopted on March 
    15, 2004 by the City of Batavia. 
        (124) If (119) if the ordinance was adopted on March 
    18, 2002 by the Village of Lake Zurich.
        (125) If the ordinance was adopted on May 8, 2013 by 
    the Village of Rosemont to create the Higgins Road/River 
    Road TIF District No. 6. 
    (d) For redevelopment project areas for which bonds were 
issued before
July 29, 1991, or for which contracts were 
entered into before June 1,
1988, in connection with a 
redevelopment project in the area within
the State Sales Tax 
Boundary, the estimated dates of completion of the

redevelopment project and retirement of obligations to finance 
redevelopment
project costs (including refunding bonds under 
Section 11-74.4-7) may be  extended by municipal ordinance to 
December 31, 2013.
The termination procedures of subsection (b) 
of Section 11-74.4-8 are not
required for
these redevelopment 
project areas in 2009 but are required in 2013.
The extension 
allowed by Public Act 87-1272 shall not apply to real
property 
tax increment allocation financing under Section 11-74.4-8.
    (e) Those dates, for purposes of real property tax 
increment allocation
financing pursuant to Section 11-74.4-8 
only, shall be not more than 35 years
for redevelopment project 
areas that were adopted on or after December 16,
1986 and for 
which at least $8 million worth of municipal bonds were 
authorized
on or after December 19, 1989 but before January 1, 
1990; provided that the
municipality elects to extend the life 
of the redevelopment project area to 35
years by the adoption 
of an ordinance after at least 14 but not more than 30
days' 
written notice to the taxing bodies, that would otherwise 
constitute the
joint review board for the redevelopment project 
area, before the adoption of
the ordinance.
    (f) Those dates, for purposes of real property tax 
increment allocation
financing pursuant to Section 11-74.4-8 
only, shall be not more than 35 years
for redevelopment project 
areas that were established on or after December 1,
1981 but 
before January 1, 1982 and for which at least $1,500,000 worth 
of
tax increment revenue bonds were authorized
on or after 
September 30, 1990 but before July 1, 1991; provided that the

municipality elects to extend the life of the redevelopment 
project area to 35
years by the adoption of an ordinance after 
at least 14 but not more than 30
days' written notice to the 
taxing bodies, that would otherwise constitute the
joint review 
board for the redevelopment project area, before the adoption 
of
the ordinance.
    (g) In consolidating the material relating to completion 
dates from Sections 11-74.4-3 and 11-74.4-7 into this Section, 
it is not the intent of the General Assembly to make any 
substantive change in the law, except for the extension of the 
completion dates for the City of Aurora, the Village of Milan,
 
the City of West Frankfort, the Village of Libertyville, and 
the Village of Hoffman Estates set forth under items (67),
 
(68), (69), (70), and (71) of subsection (c) of this Section. 
(Source: P.A. 97-93, eff. 1-1-12; 97-372, eff. 8-15-11; 97-600, 
eff. 8-26-11; 97-633, eff. 12-16-11; 97-635, eff. 12-16-11; 
97-807, eff. 7-13-12; 97-1114, eff. 8-27-12; 98-109, eff. 
7-25-13; 98-135, eff. 8-2-13; 98-230, eff. 8-9-13; 98-463, eff. 
8-16-13; 98-614, eff. 12-27-13; 98-667, eff. 6-25-14; 98-889, 
eff. 8-15-14; 98-893, eff. 8-15-14; 98-1064, eff. 8-26-14; 
98-1136, eff. 12-29-14; 98-1153, eff. 1-9-15; 98-1157, eff. 
1-9-15; 98-1159, eff. 1-9-15; revised 3-19-15.)
 



    (65 ILCS 5/11-74.6-15)



    Sec. 11-74.6-15. Municipal Powers and Duties. A 
municipality may:

    (a) By ordinance introduced in the governing body of the 
municipality
within 14 to 90 days from the final adjournment of 
the hearing specified in
Section 11-74.6-22, approve 
redevelopment plans and redevelopment
projects, and designate 
redevelopment planning areas and redevelopment project
areas 
pursuant to notice and
hearing required by this Act.  No 
redevelopment planning area or redevelopment
project area 
shall be
designated unless a plan and project are approved 
before the designation of
the area and the area shall include 
only those parcels of real
property and improvements on those 
parcels substantially benefited by the
proposed redevelopment 
project improvements.
Upon adoption of the ordinances, the 
municipality shall forthwith transmit to
the county clerk of 
the county or counties within which the redevelopment
project 
area is located a certified copy of the ordinances, a legal 
description
of the redevelopment project area, a map of the 
redevelopment project area,
identification of the year that the 
county clerk shall use for determining the
total initial 
equalized assessed value of the redevelopment project area

consistent with subsection (a) of Section 11-74.6-40, and a

list of the parcel or tax identification number of each parcel 
of property
included in the redevelopment project area. 

    (b) Make and enter into all contracts necessary or 
incidental to the
implementation and furtherance of its 
redevelopment plan and project.

    (c) Within a redevelopment project area, acquire by 
purchase,
donation, lease or eminent domain; own, convey, 
lease, mortgage or
dispose of land and other property, real or 
personal, or rights or
interests therein, and grant or acquire 
licenses, easements and options
with respect to that property, 
all in the manner and at a price that the
municipality 
determines is reasonably necessary to achieve the objectives
of 
the redevelopment plan and project. No conveyance, lease, 
mortgage,
disposition of land or other property owned by a 
municipality, or agreement
relating to the
development of the 
municipal property shall be made or executed except
pursuant to 
prior official action of the corporate authorities of the

municipality.  No conveyance,
lease, mortgage, or other 
disposition of land owned by a municipality, and
no agreement 
relating to the
development of the municipal property, shall be 
made without making public
disclosure of
the terms and the 
disposition of all bids and proposals submitted to the

municipality in connection therewith.  The procedures for 
obtaining the bids
and proposals
shall provide reasonable 
opportunity for any person to submit alternative
proposals
or 
bids.

    (d) Within a redevelopment project area, clear any area by

demolition or removal of any existing buildings, structures, 
fixtures,
utilities or improvements, and to clear and grade 
land.

    (e) Within a redevelopment project area, renovate or 
rehabilitate or
construct any structure or building, as 
permitted under this Law.

    (f) Within or without a redevelopment project area, 
install, repair,
construct, reconstruct or relocate streets,

utilities and site improvements essential to the preparation of 
the
redevelopment area for use in accordance with a 
redevelopment plan.

    (g) Within a redevelopment project area, fix, charge and 
collect fees,
rents and charges for the use of all or any part 
of any building or
property owned or leased by it.

    (h) Issue obligations as provided in this Act.

    (i) Accept grants, guarantees and donations of property, 
labor, or other
things of value from a public or private source 
for use within a project
redevelopment area.

    (j) Acquire and construct public facilities within a 
redevelopment
project area, as permitted under this Law.

    (k) Incur, pay or cause to be paid redevelopment project 
costs; provided,
however,
that on and
after the effective date 
of this amendatory
Act of the 91st General Assembly, no 
municipality shall incur redevelopment
project costs (except

for planning and other eligible costs authorized by municipal 
ordinance or
resolution that are subsequently included in the 
redevelopment plan for the
area and are incurred after the 
ordinance or resolution is adopted) that are
not consistent 
with the program for
accomplishing the objectives of the

redevelopment plan as included in that plan and approved by the

municipality until the municipality has amended
the 
redevelopment plan as provided elsewhere in this Law.
Any 
payments to be made by the municipality to redevelopers or 
other
nongovernmental persons for redevelopment project costs 
incurred by
such redeveloper or other nongovernmental person 
shall be made only pursuant
to the prior official action of the 
municipality evidencing an intent to
pay or cause to be paid 
such redevelopment project costs. A
municipality is not 
required to obtain any right, title or interest in any
real or 
personal property in order to pay redevelopment project
costs 
associated with such property. The municipality shall adopt 
such
accounting procedures as may be necessary to determine 
that such redevelopment
project costs are properly paid.

    (l) Create a commission of not less than 5 or more than 15 
persons to
be appointed by the mayor or president of the 
municipality with the consent
of the majority of the governing 
board of the municipality.  Members of a
commission appointed 
after the effective date of this Law
shall be appointed for 
initial terms of 1, 2, 3, 4 and 5 years,
respectively, in 
numbers so that the terms of not more than
1/3 of all members 
expire in any one year.  Their successors
shall be appointed for 
a term of 5 years.  The commission, subject to
approval of the 
corporate authorities of the municipality, may exercise the

powers enumerated in this Section. The commission shall also 
have the power
to hold the public hearings required by this Act 
and make recommendations
to the corporate authorities 
concerning the adoption of redevelopment
plans, redevelopment 
projects and designation of redevelopment project areas.

    (m) Make payment in lieu of all or a portion of real 
property taxes due
to taxing districts. If payments in lieu of 
all or a portion of taxes are
made to taxing districts, those 
payments shall be made to all districts
within a redevelopment 
project area on a basis that is proportional to the
current 
collection of revenue which each taxing district receives from 
real
property in the redevelopment project area.

    (n) Exercise any and all other powers necessary to 
effectuate the
purposes of this Act.

    (o) In conjunction with other municipalities, undertake 
and perform
redevelopment plans and projects and utilize the 
provisions of the Act
wherever they have contiguous 
redevelopment project areas or they determine
to adopt tax 
increment allocation financing with respect to a redevelopment

project area that includes contiguous real property within the 
boundaries
of the municipalities, and, by agreement between 
participating
municipalities, to issue obligations, separately 
or jointly, and expend
revenues received under this Act for 
eligible expenses anywhere within
contiguous redevelopment 
project areas or as otherwise permitted in the Act. Two or more 
municipalities may designate a joint redevelopment project 
area under this subsection (o) for a single Industrial Park 
Conservation Area comprising of property within or near the 
boundaries of each municipality if: (i) both municipalities are 
located within the same Metropolitan Statistical Area, as 
defined by the United States Office of Management and Budget, 
(ii) the 4-year average unemployment rate for that Metropolitan 
Statistical Area was at least 11.3%, and (iii) at least one 
participating municipality demonstrates that it has made 
commitments to acquire capital assets to commence the project 
and that the acquisition will occur on or before December 31, 
2011. The joint redevelopment project area must encompass an 
interstate highway exchange for access and be located, in part, 
adjacent to a landfill or other solid waste disposal facility. 

    (p) Create an Industrial Jobs Recovery Advisory Committee 
of not more
than 15 members to be appointed by the mayor or 
president of the
municipality with the consent of the majority 
of the governing board of the
municipality.  The members of that 
Committee shall be appointed for initial
terms of 1, 2, and 3 
years respectively, in numbers so that the terms of
not more 
than 1/3 of all members expire in any one year.  Their 
successors
shall be appointed for a term of 3 years.  The 
Committee shall have none of
the powers enumerated in this 
Section.  The Committee shall serve in an
advisory capacity 
only.  The Committee may advise the governing board of
the 
municipality and other municipal officials regarding 
development issues
and opportunities within the redevelopment 
project area. The Committee may
also promote and publicize 
development opportunities in the redevelopment
project area.

    (q) If a redevelopment project has not been initiated in a 
redevelopment
project area within 5 years after the area was 
designated by ordinance under
subsection (a), the municipality 
shall adopt an ordinance repealing the area's
designation as a 
redevelopment project area.  Initiation of a redevelopment

project shall be evidenced by either a signed redevelopment 
agreement or
expenditures on eligible redevelopment project 
costs associated with a
redevelopment project.

    (r) Within a redevelopment planning area, transfer or loan 
tax increment
revenues from one redevelopment project area to 
another redevelopment project
area for expenditure on eligible 
costs in the receiving area.

    (s) Use tax increment revenue produced in a redevelopment 
project area
created under this Law by transferring or loaning 
such revenues to a
redevelopment project area created under the 
Tax Increment Allocation
Redevelopment Act that is either 
contiguous to, or separated only by a public
right of way from, 
the redevelopment project area that initially produced and

received those revenues.

    (t) The estimated dates of completion of the redevelopment 
project and retirement of obligations issued to finance 
redevelopment project costs (including refunding bonds under 
Section 11-74.6-30) may not be later than December 31 of the 
year in which the payment to the municipal treasurer as 
provided in subsection (b) of Section 11-74.6-35 of this Act is 
to be made with respect to ad valorem taxes levied in the 35th 
calendar year after the year in which the ordinance approving 
the redevelopment project area was adopted if the ordinance was 
adopted on September 23, 1997 by the City of Granite City. 
(Source: P.A. 97-591, eff. 8-26-11.)

  
 

    Section 99. Effective date. This Act takes effect upon 
becoming law.