Title
AN ORDINANCE OF THE VILLAGE OF ORLAND PARK, COOK AND WILL COUNTIES, ILLINOIS APPROVING THE DISCONTINUATION OF THE MAIN STREET TAX INCREMENT FINANCING DISTRICT
Body
WHEREAS, the Village of Orland Park (“Village”) is a home rule unit of local government pursuant to Section 6 of Article VII of the Constitution of the State of Illinois, and has the authority to exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, subject to that Section 6, a home rule unit may exercise any power and perform and function pertaining to its government and affairs for the protection of the public health, safety, morals and welfare; and
WHEREAS, the President and Board of Trustees, by Ordinance # 3943 established The Main Street Orland Park Tax Increment Financing District (“MST TIF”) on October 4, 2004, and amended the MST TIF pursuant to Ordinance No. 4297 on October 15, 2007 and again on October 7, 2024 pursuant to an ordinance currently styled as Ordinance No. 0665; and
WHEREAS, the Village President and Board of Trustees desire to now discontinue the MST TIF pursuant to the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1, et seq. (“TIF Act”) and Section 6 of Article VII of the Illinois Constitution; and
WHEREAS, on October 6, 2025, the Village Board approved the execution of an Agreement with Orland School District 135 and Consolidated High School District 230 to, among other things, discontinue the Main Street TIF District no later than December 31, 2025; and
WHEREAS, A Joint Review Board meeting was held on October 16, 2025, where the proposed discontinuation of the MST TIF District was discussed; and
WHEREAS, on October 16, 2025, the Joint Review Board recommended the discontinuation of the MST TIF Plan; and
WHEREAS, the Village President and Board of Trustees desire that the ordinances and laws governing the currently existing MST TIF be declared null and void and the MST TIF be dissolved...
Click here for full text