Beautiful Downtown Peoria

Beautiful Downtown Peoria

Monday, September 15, 2008

Notice of Public Hearing

City of Peoria Illinois, Peoria County, Illinois

Proposed Approval of HOSPITALITY IMPROVEMENT ZONE

BUSINESS DISTRICT DEVELOPMENT PLAN

Notice is hereby given that on the 30th Day of September , 2008 at 6:15 P.M. at City Hall, Room 400, Peoria, Illoinois, and on the 14h day of October, 2008, at 6:15 P.M. at City Hall, Room 400, Peoria, Illinois, public hearings will be held to consider the approval of the development plan (the “Development Plan”) for and the designation of the Hospitality Improvement Zone Business District (the Business District) of the City. The Business Development District consists of the territory legally described as follows:

The approximate street location of the Business District is as follows:

Commencing at the corner of Kumpf Blvd. and Main St., said point being the intersection of the easterly line of W.M. Kumpf Blvd. and the southwesterly line of Main St.; thence southeasterly along the southwesterly line of Main St. a distance of 111 feet to the Point of Beginning of the tract to be described; thence southeasterly along said southwesterly line of Main St. to the intersection of the southwesterly line of Main St. and the southeasterly line of Monroe St.; thence northeasterly across main to the intersection of the northeasterly line of Main St. and the southeasterly line of Monroe St.; thence southeasterly along the northeasterly line of Main St. to the intersection with the northwesterly line of an alley in block 16 of the Original Town of Peoria; thence northeasterly along said northwesterly line of the alley to a point on the southwesterly line of Hamilton Blvd.; thence northwesterly along the southwesterly line of Hamilton Blvd. to the southeasterly line of Monroe St.; thence northeasterly along said southeasterly line to a point that is 94 feet southwesterly from the southwesterly line of Fayette St.; thence northwesterly and parallel with Fayette St. a distance of 171 feet to the southeasterly line of the alley in block 37 of Hale’s Addition; thence northeasterly along said alley line a distance of 94 feet to the southwesterly line of Fayette St.; thence southeasterly along the southwesterly line of Fayette to the northwesterly line of Adams St.; thence southwesterly along said northwesterly line to the centerline of a vacated alley in block 9 of the Original Town of Peoria; thence northwesterly along said centerline to the northwesterly line of Jefferson Ave.; thence southwesterly along the northwesterly line of Jefferson Ave. to the northeasterly line of Hamilton Blvd.; thence northwesterly along said northeasterly line to the northwesterly line of Madison Ave.; thence southwesterly along said northwesterly line to a point that is 230 feet southwesterly from the southwesterly line of Main St.; thence northwesterly and parallel with Main St. a distance of 171 feet to the southeasterly line of an alley in block 17 of the Original Town of Peoria; thence southwesterly along said southeasterly line to the southwesterly line of Fulton St.; thence southeasterly on said southwesterly line to a point that is 383.94 northwesterly from the northwesterly line of Jefferson Ave.; thence southwesterly and parallel with Jefferson Ave. a distance of 132 feet; thence southeasterly and parallel with Fulton St. a distance of 210 feet; thence northeasterly and parallel with Jefferson Ave. a distance of 132 feet to the southwesterly line of Fulton St.; thence southeasterly along said southwesterly line to the northwesterly line of Jefferson Ave.; thence southwesterly along the northwesterly line of Jefferson Ave. to the easterly line of Kumpf Blvd.; thence northerly along the easterly line of Kumpf Blvd. to the southerly line of M.L. King Dr.; thence easterly along the southerly line of M.L. King Dr. to a point that is 100 feet southwesterly from the southwesterly line of Main St; thence southeasterly and parallel with Main St. a distance of 111 feet; thence northeasterly and parallel with M.L. King Dr. a distance of 100 feet to the Point of Beginning.

There will be considered at the hearing approval of the Business District Development Plan. The proposed Development Plan is on file and available for public inspection at the office of the City Clerk at City Hall, Room 401, Peoria, Illinois 61602. Pursuant to the proposed Development Plan the City proposes to have the right to exercise the use of eminent domain; To acquire, manage, convey or otherwise dispose of property in accordance with the development or redevelopment plan; To apply for and accept capital grants and loans from the United States and the State of Illinois, or any instrumentality of the United States or the State, for business district development or redevelopment; To borrow funds as deemed necessary for the purpose of business district development and redevelopment; To enter into contracts with any public or private agency or person; To sell, lease, trade or improve real property; To employ such persons as may be necessary for the planning, administration and implementation of business district plans; To expend public funds as necessary for the planning, execution and implementation of business district plans; To establish by ordinance or resolution procedures for the planning, execution and implementation of business district plans; To create a Business District Development and Redevelopment Commission to act as an agent for the municipality; To impose a retailers’ occupation tax and a service occupation tax in the business district to pay for business district project costs as set forth in the business district plan approved by the municipality; To impose a hotel operators’ occupation tax to pay for the business district project costs as set forth in the business district plan approved by the municipality; and to issue obligations to be secured by the business district tax allocation fund described in Section 11-74.3-6 of the Act.

Prior to the date of the hearing, interested persons may submit written comments to the City, to the attention of the City Clerk, City Hall, 419 Fulton Street, Room 401, Peoria, Illinois 61602.
At the hearing, all interested persons may file written objections with the City Clerk and may be heard orally with respect to any issues regarding the approval of the proposed Development Plan.

The hearing may be adjourned by the Mayor and City Council of the City without further notice other than a motion to be entered upon the minutes of the hearing fixing the time and place of the subsequent hearing.

/s/
*
__ City Clerk
__ City Peoria
__ Peoria County, Illinois

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City Planner, Colonel, Marine Corps Reserve Retired, Vietnam Vet, married to Beth Ruyle