reglab/housing_qa huggingface dataset:
65 ILCS 5/11-74.3-4
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74.3-4)Sec. 11-74.3-4.   The powers granted to municipalities in this Law shall not be  construed as a limitation on the powers of a home rule municipality granted  by Article VII of the Illinois Constitution.  (Source: P.A. 96-1394, eff. 7-29-10.)
65 ILCS 5/11-74.3-7
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

Sec. 11-74.3-7. Existing business districts. Except as hereinafter provided, business districts that were designated prior to the effective date of this amendatory Act of the 96th General Assembly shall continue to operate and be governed by the terms of this Law in effect prior to the effective date of this amendatory Act of the 96th General Assembly.   Any municipality which has designated a business district prior to the effective date of this amendatory Act of the 96th General Assembly may, by ordinance, amend or supplement any proceedings taken in connection with the designation of a business district as shall be necessary to provide that this amendatory Act of the 96th General Assembly shall apply to such business district.  (Source: P.A. 96-1394, eff. 7-29-10.)
65 ILCS 5/Art. 11 Div. 74.4 heading
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 DIVISION 74.4.      TAX INCREMENT ALLOCATION REDEVELOPMENT ACT
65 ILCS 5/11-74.4-1
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74.4-1)Sec. 11-74.4-1.         This Division 74.4 shall be known and may be cited as  the "Tax Increment Allocation Redevelopment Act".    (Source: P.A. 84-1417.)
65 ILCS 5/11-74.4-3.1
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

Sec. 11-74.4-3.1. Redevelopment project area within an intermodal terminal facility area.(a) Notwithstanding any other provision of law to the contrary, if a municipality designates an area within the territorial limits of the municipality as an intermodal terminal facility area, then that municipality may establish a redevelopment project area within the intermodal terminal facility area for the purpose of developing new intermodal terminal facilities, rehabilitating obsolete intermodal terminal facilities, or both. If there is no existing intermodal terminal facility within the redevelopment project area, then the municipality must establish a new intermodal terminal facility within the redevelopment project area. If there is an obsolete intermodal terminal facility within the redevelopment project area, then the municipality may establish a new intermodal terminal facility, rehabilitate the existing intermodal terminal facility for use as an intermodal terminal facility or for any other commercial purpose, or both.(b) For purposes of this Division, an intermodal terminal facility area is deemed to be a blighted area and no proof of blight need be shown in establishing a redevelopment project area in accordance with this Section.(c)           As used in this Section:"Intermodal terminal facility area" means an area that: (i) does not include any existing intermodal terminal facility or includes an obsolete intermodal terminal facility; (ii) comprises a minimum of 150 acres and not more than 2 square miles in total area, exclusive of lakes and waterways; (iii) has at least one Class 1 railroad right-of-way located within it or within one quarter mile of it; and (iv) has no boundary limit further than 3 miles from the right-of-way."Intermodal terminal facility" means land, improvements to land, equipment, and appliances necessary for the receipt and transfer of goods between one mode of transportation and another, at least one of which must be transportation by rail.  (Source: P.A. 94-546, eff. 1-1-06.)
65 ILCS 5/11-74.4-4.1
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

Sec. 11-74.4-4.1.     Feasibility study.(a) If a municipality by its corporate authorities, or as it  may determine by any commission designated under  subsection (k) of Section 11-74.4-4, adopts an ordinance or resolution  providing  for a feasibility study on the designation of an area as a redevelopment  project area, a copy  of the ordinance or resolution shall immediately be sent to all taxing  districts that would be affected by the designation.On and after the effective date of this amendatory Act of the 91st General  Assembly, the  ordinance  or resolution shall include:(1) The boundaries of the area to be studied for     possible designation as a redevelopment project area.(2) The purpose or purposes of the proposed     redevelopment plan and project.(3) A general description of tax increment allocation     financing under this Act.(4) The name, phone number, and address of the     municipal officer who can be contacted for additional information about the proposed redevelopment project area and who should receive all comments and suggestions regarding the redevelopment of the area to be studied.(b) If one of the purposes of the planned redevelopment project area should  reasonably be expected to  result in the displacement of  residents from 10 or more  inhabited residential units, the  municipality shall adopt a resolution or ordinance providing for the  feasibility  study described in subsection (a).  The ordinance or resolution shall also  require that the feasibility study include the preparation of the housing  impact study set forth in paragraph (5) of subsection (n) of Section 11-74.4-3.  If the redevelopment plan will not result in displacement of  residents  from 10 or more inhabited residential units, and the municipality  certifies in the plan that  such displacement will not result from the plan, then a resolution or  ordinance need not  be adopted.(c) As used in this Section, "feasibility study" means a preliminary  report to assist  a  municipality to determine whether or not tax increment allocation financing is  appropriate  for effective  redevelopment of a proposed redevelopment project area.    (Source: P.A. 92-263, eff. 8-7-01; 92-624, eff.  7-11-02; 93-298, eff. 7-23-03.)
65 ILCS 5/11-74.4-4.2
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

Sec. 11-74.4-4.2.     Interested parties registry.     On and after the effective  date of this amendatory Act of the 91st General Assembly, the municipality  shall by its corporate  authority create an "interested  parties" registry for activities related to the redevelopment project area.  The  municipality shall adopt reasonable registration rules and shall prescribe the  necessary registration forms for residents and organizations active within the  municipality that seek to be placed on the "interested parties" registry.  At a  minimum, the rules for registration shall provide for a renewable period of  registration of not less than 3 years and notification to registered  organizations and individuals by mail at the address provided upon  registration prior to termination of their registration, unless the  municipality decides that it will establish a policy of not terminating  interested parties from the registry, in which case no notice will be required.   Such rules shall not  be used to prohibit or otherwise interfere with the ability of eligible  organizations and individuals to register for receipt of information to which  they are entitled under this statute, including the information required by:(1) subsection (a) of Section 11-74.4-5;(2) paragraph (9) of subsection (d) of Section 11-74.4-5; and(3) subsection (e) of Section 11-74.4-6.    (Source: P.A. 91-478, eff. 11-1-99.)
65 ILCS 5/11-74.4-7.1
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

Sec. 11-74.4-7.1.         After the effective date of this amendatory Act of 1994  and prior to the effective date of this amendatory Act of the 91st General  Assembly,  a municipality with a population of less than 1,000,000, prior to construction  of a new municipal public building that  provides governmental services to be financed with tax increment revenues as  authorized in paragraph (4) of subsection (q) of Section 11-74.4-3, shall agree  with the affected taxing districts to pay them, to the extent tax increment  finance revenues are  available, over the life of the  redevelopment project area, an amount equal to 25% of the cost of the building,  such payments to be paid to the taxing districts in the same proportion as the  most recent distribution by the county collector to the affected taxing  districts of real property taxes from taxable real property in the  redevelopment project area.This Section does not  apply to a municipality that, before March 14, 1994 (the effective date of  Public Act 88-537), acquired or leased the land (i) upon which a new  municipal public building is to be constructed and (ii) for which an existing  redevelopment plan or a redevelopment agreement includes provisions for the  construction  of a new municipal public  building.    (Source: P.A. 91-478, eff. 11-1-99.)
65 ILCS 5/11-74.4-8b
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

Sec. 11-74.4-8b.    Cancellation and repayment of tax and other benefits.    Any tax abatement or benefit granted by a taxing district under an agreement  entered into under this  Act to a private individual or entity for the purpose of originating, locating,  maintaining, rehabilitating, or expanding a business facility shall be  cancelled if the individual or entity relocated its entire facility in  violation of the agreement, and the amount of the abatements or tax benefits  granted before the cancellation shall be repaid to the taxing district within  30 days, as provided in Section 18-183 of the Property Tax Code.In addition, any private individual or entity that receives other benefits under this Act for the purpose of originating, locating,  maintaining, rehabilitating, or expanding a business facility and that abandons or relocates its facility in violation of the agreement shall pay to the municipality an amount equal to the value of the benefit prorated based on (i) the time from the date of the agreement to the date of abandonment or relocation; compared to (ii) the time from the date of the agreement to the date upon which the redevelopment plan must be completed, determined at the time of the agreement. (Source: P.A. 96-324, eff. 1-1-10.)
65 ILCS 5/11-74.4-8c
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

Sec. 11-74.4-8c.     Enterprise zone abatements.     If a redevelopment project  area is or has been established under Section 11-74.4-4 on or before the  effective  date  of this amendatory Act of 1997 and the redevelopment project area contains  property that is located within an enterprise zone established under the  Illinois  Enterprise Zone Act, then the property that is located in both the  redevelopment  project area and the enterprise zone shall not be eligible for the abatement of  taxes under Section 18-170 of the Property Tax Code if the requirements of  Section 5.4.1 of the Illinois Enterprise Zone Act are satisfied.  If an abatement is limited under Section 5.4.1 of the Illinois Enterprise  Zone Act, a municipality  shall notify the county clerk and the board of review or board of appeals of  the change in writing not later than July 1 of the assessment year to be first  affected by the change.    (Source: P.A. 90-258, eff. 7-30-97.)
65 ILCS 5/11-74.4-8d
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

Sec. 11-74.4-8d. Website postings; municipalities of 1,000,000 or more.(a) In any municipality with a population of 1,000,000 or more, the following shall be posted on a website maintained by the municipality:(1) Any ordinance designating a redevelopment project     area or approving a redevelopment plan, redevelopment project, or redevelopment agreement pursuant to this Division 74.4, including all attachments, and any amendments thereto.(2) Written staff reports presented to a board     created in subsection (k) of Section 11-74.4-4.(3) The information required to be submitted pursuant     to subsection (d) of Section 11-74.4-5 and any other overviews prepared by the municipality relating to redevelopment or financing pursuant to this Division 74.4.(4) Any certificates of completion issued by the     municipality or annual employment certifications received by the municipality pursuant to a redevelopment agreement.(b) Except as provided in subsection (c), all ordinances described in paragraph (1) of subsection (a) of this Section shall be made available on the website within 7 business days after the ordinance is passed and published by the municipality.  Except as provided in subsection (c), all documents described in paragraphs (2), (3), and (4) of subsection (a) of this Section shall be made available on the website within 14 business days after the document has been completed in final form.(c) The requirements of this Section apply with respect to any redevelopment project area designated or amended on or after July 30, 2004.  The ordinances and documents that passed or were completed prior to the effective date of this amendatory Act of the 96th General Assembly shall be made available on the website no later than 30 days after that effective date.  (Source: P.A. 96-773, eff. 8-28-09.)
65 ILCS 5/11-74.4-10
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74.4-10)Sec. 11-74.4-10.         Revenues received by the municipality from any property,  building or facility owned, leased or operated by the municipality or any  agency or authority established by the municipality, or from repayments of  loans,  may be used to pay redevelopment  project costs, or reduce outstanding obligations of the municipality incurred  under this Division for redevelopment project costs.  The municipality may  place such revenues in the special tax allocation fund which shall be held  by the municipal treasurer or other person designated by the municipality.  Revenue received by the municipality from the sale or other disposition  of real property acquired by the municipality with the proceeds of obligations  funded by tax increment allocation financing shall be deposited by the  municipality  in the special tax allocation fund.    (Source: P.A. 93-298, eff. 7-23-03.)
65 ILCS 5/11-74.4-11
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74.4-11)Sec. 11-74.4-11.         If any Section, subdivision, paragraph, sentence or clause  of this Division is, for any reason, held to be invalid or unconstitutional,  such decision shall not affect any remaining portion, Section or part thereof  which can be given effect without the invalid provision.    (Source: P.A. 79-1525.)
65 ILCS 5/11-74.4-12
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

Sec. 11-74.4-12. Metro East Police District. A municipality may use moneys from the special tax allocation fund to hire police officers, if the corporate authorities of the municipality determine by ordinance or resolution that, as a result of the development associated with the tax increment financing, more police officers are needed to protect the public health and safety of the residents, and  the municipality is: (i) within the territory of the Metro East Police District created under the Metro East Police District Act, or (ii) contiguous to 2 or more municipalities within the territory of the Metro East Police District and having a population of more than 5,000 inhabitants, according to the 2000 federal census. The moneys used to hire police officers may amount to no more than 10% of the funds available.  (Source: P.A. 97-971, eff. 1-1-13.)
65 ILCS 5/Art. 11 Div. 74.5 heading
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 DIVISION 74.5.      MUNICIPAL HOUSING FINANCE LAW
65 ILCS 5/11-74.5-1
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74.5-1)Sec. 11-74.5-1.         This Division 74.5 may be referred to as the Municipal  Housing  Finance Law.    (Source: P.A. 91-357, eff. 7-29-99.)
65 ILCS 5/11-74.5-4
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74.5-4)Sec. 11-74.5-4.     (Repealed).     (Source: P.A. 82-783.  Repealed by P.A. 90-706, eff. 8-7-98.)
65 ILCS 5/11-74.5-5
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74.5-5)Sec. 11-74.5-5.         The exercise of any or all powers granted by this Division  shall be authorized and the bonds shall be authorized to be issued under  this Division for the purposes set forth in this Act, by an ordinance adopted  by the corporate authorities of a municipality which shall take effect  immediately  upon adoption.  Any such ordinance shall set forth a finding and declaration (i) of the  public purpose therefor and (ii) that such ordinance is adopted pursuant  to this Division, which finding and declaration shall be conclusive evidence  of the existence and sufficiency of the public purpose and of the  power to carry out and give effect to such public purposes.The bonds shall bear interest at such  rate or rates (subject only to the  limitations set forth in paragraph (a) of Section 11-74.5-4 and without  regard to any other law pertaining to interest rate limitations),  may be payable at such time or times, may be in one or more series, may  bear such  date or dates, may mature at such time or times not exceeding 40 years from  their respective dates, may be payable in such medium of payment at such  place or places, may carry such registration privileges, may be subject  to such terms of redemption at such premiums, may be executed in such manner,  may contain such terms, covenants and conditions and may be in such form,  either coupon or registered, as the corporate authorities shall provide.  The bonds may be sold at public or private sale at such price, in such manner  and upon such terms as the corporate authorities may determine.  Pending  the preparation of definitive bonds and in anticipation thereof, interim  notes, in such form and with such provisions as may be authorized by the  corporate authorities, may be issued to the purchaser or purchasers of bonds  sold pursuant to this Division.  The bonds and interim notes shall be deemed  to be securities and negotiable instruments within the meaning and for all  purposes of the Uniform Commercial Code.    (Source: P.A. 90-706, eff. 8-7-98.)
65 ILCS 5/11-74.5-7
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74.5-7)Sec. 11-74.5-7.         The bonds shall bear the manual or facsimile signatures  of such officers of a municipality as may be designated in the ordinance  authorizing such bonds and such signatures shall constitute the valid and  binding signatures of such officers, notwithstanding that before the delivery  thereof and payment therefor any or all of the persons whose signatures  appear thereon have ceased to be officers of such municipality.  The validity  of the bonds shall not be dependent on nor affected by the validity or regularity  of any proceedings relating to the home mortgage loans acquired or made  from proceeds of the bonds.  A recital in the bonds that they are issued  pursuant to this Division shall be conclusive evidence of their validity  and of the regularity of their issuance.    (Source: P.A. 81-580.)
65 ILCS 5/11-74.5-8
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74.5-8)Sec. 11-74.5-8.         Any pledge made to secure bonds shall be valid and binding  from the time when the pledge is made.  The revenues and receipts or property  or interests in property pledged and thereafter received by a municipality  or trustee shall immediately be subject to the lien of such pledge without  any physical delivery thereof or further act, and the lien of any such pledge  shall be valid and binding as against all parties having claims of any kind  in tort, contract or otherwise against such municipality or trustee irrespective  of whether the parties have notice thereof.  Neither the ordinance, nor  any other instrument  by which a pledge is created, need be recorded.    (Source: P.A. 81-580.)
65 ILCS 5/11-74.5-9
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74.5-9)Sec. 11-74.5-9.         All bonds issued under this Division shall be limited obligations  of the municipality issuing the same, payable solely from the (i) bond proceeds,  (ii) revenues and receipts derived from the home mortgage loans or from  any notes or other obligations of persons  with respect to which such bonds are issued and secured by a mortgage, pledge,  security interest, insurance agreement or indenture of trust of or with  respect to such home mortgage loans, (iii) certain insurance proceeds which  may relate to the bonds or the home mortgage loans,  (iv) participation  fees, or (v) certain reserve funds.  No municipality shall have any right  or authority to levy taxes to pay any of the principal of, redemption premium,  if any, or interest on any bonds issued pursuant to this Division or any  judgment against a municipality on account thereof.  No holder of any bonds  issued under this Division shall have the right to compel any exercise of  the taxing power of a municipality to pay the bonds, the interest or redemption  premium, if any, thereon, and the bonds shall not constitute an indebtedness  of such municipality, or a loan of the faith and credit thereof, within  the meaning of any constitutional or statutory provision, nor shall the  bonds be construed to create  any moral obligation on the part of such municipality to provide for the  payment of such bonds.  It shall be plainly stated on the face of each bond  that it has been issued under the provisions of this Division and that it  does not constitute an indebtedness of the municipality, or a loan of the  faith and credit thereof, within the meaning of any constitutional or statutory  provision.  Bonds may be issued pursuant to this Division without regard  to (1) any statutory limitation as to bonded indebtedness and shall not  be included in computing total bonded indebtedness within the meaning of  any statutory limitation, (ii) any requirement of competitive bidding or procedure  for award of contracts applicable by any statute, (iii) any requirement of  publication of ordinance or other documents, or (iv) any requirement of  referendum or petition.    (Source: P.A. 81-580.)